© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Inertial Navigation System Market Growth Outlook With Industry Review and Forecasts by 2024 : Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  North America is the largest inertial navigation system market due to ever growing passenger air traffic and technological enhancement by various regional research and development companies. Favorable regulations by the Federal Aviation Administration (FAA) encourages the vendors to expansion and development strategies to enhance their product portfolios.  Asia Pacific is projected to be the fastest growing inertial navigation system market due to rise in defense budgets of several emerging economies including China and India to develop homegrown technologies for the manufacture of fighter aircraft, missiles and UAVs along with the growth in commercial aircraft manufacturers in the region. Regional Analysis of Inertial Navigation System Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Inertial Navigation System Market:  Based on technology, MEMS segment in the inertial navigation system market is anticipated to observe highest growth attributed to technological advances in MEMS based technologies that are resulting in its enhanced applicability for unmanned and small aircraft applications. The technology also allows the user to measure the acceleration of a vehicle for estimating change in velocity by applying several mathematical calculations to time and acceleration of the vehicle.  Recent advancements in MEMS technology have further made it possible to manufacture light, small, and low-cost products. Growing product usage of satellite positioning for commercial application will propel the inertial navigation system market growth over the forecast period.  The integrated product structure including GPS/INS and GNSS/INS consist superior performance features as compared to global positioning system (GPS) and standalone global navigation satellite system (GNSS). These technologies will be very promising for inertial navigation system market development.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The major industry players in the global inertial navigation system market gradually focusing towards product development through extensive research and development initiatives and in turn increasing their revenues.  The leading players in this market include Honeywell, Northrop Grumman, Safran, Systron Donner Inertial, Thales Group, VectorNav Technologies and Rockwell Collins. Other prominent players in the inertial navigation system market are KVH Industries, Crossbow Technology, L-3 Communications, Raytheon, TASC and Teledyne CDL. Competitive Market Share of Inertial Navigation System Market:

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