Fiber Optics Gyroscope Market worth 1,037.0 Million USD by 2022

1
                   
          Fiber Optics Gyroscope Market worth 1,037.0 Million USD by 2022      
  February 2017   February 2017
   
   
2
MarketsandMarkets Presents
Fiber Optics Gyroscope Market worth 1,037.0
Million USD by 2022 The fiber optics gyroscope
market is expected to be worth USD 1,037.0
Million by 2022, at a CAGR of 3.61 between 2016
and 2022. Fiber optics gyroscopes are widely used
for remotely operated vehicle guidance and
industrial applications. Browse 66 market data
tables and 56 figures spread through 141 pages
and in-depth TOC on Fiber Optics Gyroscope
Market - Global Forecast to 2022" Fiber optics
gyroscope is used in the navigation system and
measurement units for navigation and controlling
devices. Factors such as the rising demand for
unmanned vehicles and growing industrialization
could generate significant opportunities for this
market in the near future.
3
Demand for inertial navigation systems expected
to drive the growth of the fiber optics
gyroscope market The market for inertial
navigation systems is expected to grow at the
highest CAGR between 2016 and 2022. Inertial
navigation system is a commercial off-the-shelf
navigation and control solution, which uses
sensor fusion to deliver reliable, high-accuracy
navigation and control to a wide variety of
unmanned, autonomous, and manned aerial, ground,
and marine applications. The demand for fiber
optics gyroscope in these systems would boost
fiber optics gyroscope market in the near
future. Download PDF Brochure_at_
http//www.marketsandmarkets.com/pdfdownload.asp
?id99825571 Early buyers will receive 10
customization on reports. Moreover, the overall
fiber optics gyroscope market is driven by
factors such as the huge demand for remotely
operated vehicles guidance and growing adoption
of automation in industries and homes.
4

• The research methodology is explained below.
• This entire research methodology includes the
  study of annual and financial reports of top
  players, presentations, press releases, journals,
  paid databases, and interviews with industry
  experts.
• High-growth segments have been identified to
  analyze opportunities in the overall fiber optics
  gyroscope  market.
• Competitive developments such as contracts,
  agreement and acquisitions, new product
  developments, and research and development (RD)
  in the overall fiber optics gyroscope market have
  been analyzed.
• All the percentage splits and breakdown of the
  market segments are analyzed on the basis of
  secondary and primary research.
• Get More Information_at_
• http//www.marketsandmarkets.com/Market-Reports/fi
  ber-optic-gyroscope-market-99825571.html
• In 2015, the defense and homeland security
  applications accounted for the largest share of
  the fiber optics gyroscope market, followed by
  the aeronautics and aviation application. The
  market for the remotely operated vehicle guidance
  is expected to grow at a high rate between 2016
  and 2022.

5
Research Methodology To estimate the size of the
fiber optics gyroscope market, top-down and
bottom-up approaches have been used. This
research study involves an extensive usage of
secondary sources, directories, and paid
databases such as Factiva and OneSource to
identify and collect information useful to study
the technical, market-oriented, and commercial
aspects of fiber optics gyroscope. North America
is expected to hold the largest share of the
fiber optics gyroscope market in 2022. Presence
of major players, increasing investments toward
the development of advanced sensors, and
increasing expenditure in defense sectors by the
U.S. are driving the growth of the fiber optics
gyroscope market in North America. The key
restraining factors in the fiber optics gyroscope
market is the highly complex manufacturing
process and demanding cycle time as well as the
capital-intensive applications in this market.
EMCORE Corporation (U.S.) designs and
manufactures optical chips, components, systems
and subsystems for the broadband and specialty
fiber optics gyroscope market. The company
provides advanced fiber optics gyroscope and
navigation systems to the U.S. The company
focuses on innovative products development
strategies to strengthen its position in the
fiber optics gyroscope market
6
Inquiry Before Buying _at_ http//www.marketsandmark
ets.com/Enquiry_Before_Buying.asp?id99825571
About MarketsandMarkets About
MarketsandMarkets MarketsandMarkets provides
quantified B2B research on 30,000 high growth
niche opportunities/threats which will impact 70
to 80 of worldwide companies revenues.
Currently servicing 5000 customers worldwide
including 80 of global Fortune 1000 companies as
clients. Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets
for their painpoints around revenues decisions.
We at MarketsandMarkets are inspired to help
our clients grow by providing apt business
insight with our huge market intelligence
repository.
7
Contact Us
ContactMr. RohanMarkets and Markets UNIT no
802, Tower no. 7, SEZMagarpatta city,
HadapsarPune, Maharashtra 411013, IndiaUS
1-888-600-6441 UK 44-800-368-9399 Visit our
Blog _at_ http//www.marketsandmarketsblog.com/market
-reports/ Connect with us on LinkedIn _at_
http//www.linkedin.com/company/marketsandmarkets