Inertial Navigation Systems Market worth $13.5 billion by 2029 - Exclusive Report by MarketsandMarkets

CHICAGO, May 16, 2024 /PRNewswire/ -- The Inertial Navigation Systems market is estimated to be USD 10.3 billion in 2024 and is projected to reach USD 13.5 billion by 2029, at a CAGR of 5.6% from 2024 to 2029 according to a new report by MarketsandMarkets. The inertial navigation systems market is experiencing robust growth driven by the increasing need for accurate navigation solutions in different fields and situations. This demand arises because precise positioning, speed, and direction information are crucial, especially when GPS signals are weak or absent. As more autonomous technologies, such as drones and driverless cars, become popular, the demand for advanced navigation systems grows globally. This makes improving navigation abilities across various sectors a key force influencing the growth of the global inertial navigation systems market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=154810661

Browse in-depth TOC on "Inertial Navigation Systems Market" 

150 – Tables
90 – Figures
300 – Pages

Inertial Navigation Systems Market Report Scope:

Report Coverage	Details
Market Revenue in 2024	$ 10.3 billion
Estimated Value by 2029	$ 13.5 billion
Growth Rate	Poised to grow at a CAGR of 5.6%
Market Size Available for	2020–2029
Forecast Period	2024–2029
Forecast Units	Value (USD Million/Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Grade, Technology, Platform, End User, Component and Region