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Report explores the fiber optics gyroscope market

Industrial Market Research provides new report "Fiber Optics Gyroscope Market is Estimated to Reach at a CAGR of 3.55% During Forecast Period (2017-2024), According to New Research Study".

Latest research report titled “Global Fiber Optics Gyroscope Market accounted for USD 839.26 million in 2016 and is projected to grow at a CAGR of 3.55% during the forecast period of 2017 to 2024”, also the Global Fiber Optics Gyroscope Market By Device (Gyrocompass, Inertial Navigation System, Inertial Measurement Unit, Attitude Heading Reference System) Sensing Axis (1 Axis, 2 Axis, 3 Axis) Application (Tactical Grade, Aeronautics & Aviation, Remotely Operated Vehicle Guidance, Defense & Homeland Security, Industrial, Robotics) – Industry Trends and Forecast to 2024

Major Market Drivers:

  • Rising adoption of automation and demand of remotely operated vehicles
  • Growing expenses related to defense

Market Restraint:                 

  • Rising demand of advanced microelectromechanical systems gyroscopes
  • High complexity, high investment and more time consuming

This report consists of below pages:

  • No of pages: 350
  • No of Figures: 60
  • No of Tables: 220

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Report Definition:

A fiber optic gyroscope (FOG) is utilized as a part of detecting the object and gives extremely precise data about the rotational rate.  It does perform the functions of mechanical gyroscope.

These are used in the application such as surveying, remotely operated vehicle guidance, submerged vehicles, aeronautics and aviation and many other.

Report Segmentation:

On the basis of device, global fiber optics gyroscope market is segmented into gyrocompass, inertial navigation system, inertial measurement unit and attitude heading reference system.