The Global Inertial Systems in Transportation 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 Sensors are being used extensively in the automobile market. They are being used to increase the safety features, improve performance and reduce cost. They are being used in ABS, air bag deployment, helping the stability of the vehicle, anti-theft and many other features. The efficiency, reliability and the speed with which inertial systems work has been recognised by the car manufacturers and so the use of the inertial systems in automobiles is increasing. With more than 87 million motor vehicles produced in 2013, there is a huge demand for the inertial systems in this industry.
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Inertial system equipment includes Gyroscopes, Accelerometers, Inertial Measurement Units, Inertial Navigation Systems and Multi Axis sensors. It segments the market by area of application with an in depth analysis of every segment in each area. Aerospace, Land based, Marine and Subsea applications are explained with comprehensive market analysis of each segment.
The advancement of global lifestyle has resulted in need for equipment with greater ease of use. This is enabled by the use of motion sensing technology which uses inertial sensors extensively. This is a key driving factor to this market and will play an important role in defining the market for the next few years.
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The report delves on the impact of rise of unmanned vehicles; Aerial, land and Water based, on the use of inertial sensors. The unprecedented rise in unmanned vehicles across various applications in both civilian and defence applications has increased the need for complex navigational systems which include inertial sensors. The rapid advancement in technology has made sensors both accessible and affordable which has made their use abundant in day to day devices.
An extensive overview of the different grades of inertial sensors; Navigational, Tactical, Industrial and Automotive is also given. 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
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