Inertial Navigation System Market Size, Share & Trends Analysis Report By Technology (Mechanical Gyro, Fibre Optics Gyro, Ring Laser Gyro, MEMS, and Others), By Component, By Grade, By Application, By Region, And Segment Forecasts, 2023 To 2030

An Inertial Navigation System (INS) is used to determine a moving object's position, orientation, and speed without GPS technology. The system incorporates accelerometers, gyroscopes motion, and rotation sensors to collect data transmitted to a computer unit. The computer then interprets the data and translates it into actionable controls. It is the fundamental concept of an inertial navigation system to which other features, such as barometric sensors and magnetic altimeters, can be added.

As the vehicle moves, the INS device independently calculates and updates all motion elements using data received from motion sensors. The essential components of an inertial navigation system are the motion sensors, which are integrated into an inertial measurement unit (IMU). The IMU is responsible for measuring the movement and properties of a moving vehicle and typically consists of three gyroscopes and three accelerometers. Some IMUs may also include magnetometers.

One of the drivers for the growth of the INS market is the increasing demand for high-precision navigation systems in unmanned aerial vehicles (UAVs) and autonomous vehicles. INS technology provides accurate positioning and navigation capabilities in environments where GPS signals may be jammed or unavailable, enabling UAVs and autonomous vehicles to navigate and operate safely and effectively. As the use of UAVs and autonomous vehicles continues to grow across various industries, including defense, transportation, and agriculture, the demand for INS systems is expected to increase significantly.

In November 2021, Honeywell International Inc. announced the launch of two novel navigation systems: the Honeywell Radar Velocity System and the Honeywell Compact Inertial Navigation System. These navigation systems, coupled with InfiniDome's GPSdome Anti-Jamming system, are intended for military and commercial customers who require dependable navigation solutions with low weight, size, and power. These systems offer several layers of protection that enable uninterrupted operations even in environments where Global Navigation Satellite Systems (GNSS) face challenges or denial.

In October 2022, VectorNav Technologies announced that the Indy Autonomous Challenge (IAC) selected the former as the sole GNSS/INS systems provider. VectorNav will offer Real-Time Kinematic (RTK) positioning and VN-310 Dual Antenna GNSS/INS to the IAC. It will be integrated into the Dallara AV-21 racecars, allowing for precise navigation and attitude estimation.

Asia Pacific is expected to be one of the flourishing INS markets, Increasing economic growth, urbanization, the establishment of new domestic airlines, the availability of low-cost labor markets in countries such as India and China, and government support in developing aerospace clusters are key factors driving the demand for more aircraft and enhanced aviation services in the region.

Inertial Navigation System Market Segmentation

• By Technology

  • Mechanical Gyro

  • Fibre Optics Gyro

  • Ring Laser Gyro

  • MEMS

  • Others

• By Component

  • Accelerometers

  • Gyroscopes

  • Algorithms Processors

  • Wireless

• By Grade

  • Marine Grade

  • Tactical Grade

  • Navigation Grade

  • Commercial Grade

  • Space Grade

• By Application

  • Aircraft, Missiles

  • Space Launch Vehicles

  • Marine, Military Armoured Vehicles

  • Unmanned aerial Vehicles

  • Unmanned Ground Vehicles

  • Others

• By Region

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East & Africa (MEA)

• Key Players

  • VectorNav Technologies, LLC

  • Honeywell International Inc.

  • Northrop Grumman

  • SBG Systems

  • Inertial Labs, Inc.

  • Movella Inc.

  • iXblue

  • Murata Manufacturing Co., Ltd.

  • Parker Hannifin Corp

  • HEXAGON