DUBLIN--(BUSINESS WIRE)--The "Global Fiber Optic Gyroscope Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
Global fiberoptic gyroscope market is expected to reach USD 1,675.87 million by 2025 from USD 1,318.56 million in 2017, at a CAGR of 3.3% in the forecast period 2018 to 2025. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
The major factors contributing to the growth of the market includes factors such as the effective integration due to compact designing and miniaturization, growing demand for remotely operated vehicle and increased acceptance of fiber optic gyroscopes in industrial areas. On the other hand, availability of alternatives may hinder the growth of the market.
The global fiber optic gyroscope market is segmented based on sensing axis into three notable segments; 1-axis, 2-axis and 3-axis. The Fiber optic gyroscope market is dominated by 1- axis with 55.7% market share in 2017 and 3-Axis is expected to grow at the highest CAGR of 4.1% in the forecast period.
- Emcore Corporation
- KVH Industries Inc.
- Honeywell International Inc.
- Safran Colibrys SA
- Al Cielo Inertial Solutions Ltd.
- Northrop Grumman LITEF GmbH
- Fizoptika Corporation
- Optolink LLC
Key Topics Covered
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global Fiberoptic Gyroscope Market, By Sensing Axis
7. Global Fiberoptic Gyroscope Market, By Device
8. Global Fiberoptic Gyroscope Market, By Application
9. Global Fiber Optic Gyroscope Market, By Geography
10. Global Fiber Optic Gyroscope Market, Company Landscape
11. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/9h3vk7/global_fiber?w=4