The Global Inertial Systems in Subsea Applications market is valued at USD XX . XX billion in 2016 and is expected to reach a value of USD XX . XX billion by the end of 2022 , growing at a projected CAGR of XX . XX % during the forecast period of 2017 – 2022 . Inertial system equipment includes Gyroscopes , Accelerometers , Inertial Measurement Units , Inertial Navigation Systems and Multi-Axis sensors . A comprehensive overview of the market for these systems over the next 5 years is elucidated in this report . The report segments the market by area of application with an in-depth analysis of every segment in each industry .
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Remotely Operated Vehicle ( ROV ) orientation & stabilization and Autonomous Underwater Vehicle ( AUV ) control are the two major application areas of inertial sensors . They are used in conjunction with DVL , USBL , GPS , depth , and sound velocity sensors to deliver precise information for AUV control and SONAR data geo-referencing . This ability to integrate with other systems makes inertial sensors very important and a key driver to the market .
The report delves deep into the impact experienced due to the rise of unmanned vehicles : Aerial , land and water-based on the use of inertial sensors . The unprecedented rise in unmanned vehicles across various sectors , in both civilian and defense applications have increased the need for complex navigational systems that employ inertial sensors . The rapid advancement in technology has made sensors both accessible and affordable . This has also increased their usage in the day-to-day devices .
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An extensive overview of the different grades of inertial sensors including Navigational , Tactical , Industrial and Automotive are given in the report . The key differences among them are explained and their market based on application is provided on a regional basis . An analysis of the key players in the market has been provided with an outlook on the competitive landscape and insights for the investors .
What the Report Offers : 1 . Market Definition for the Inertial Systems Market in terms of Subsea Applications along with identification of key drivers and restraints for the market
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