Fiber Optics Gyroscope Market - Global Industry Analysis

Fiber Optics Gyroscope Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020–2026

Published Date: 18-Aug-2020 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-1535 Status : Published

The global demand for the Fiber Optics Gyroscope Market was valued at USD 2232.56 Million in 2019 is expected to reach USD 2990.3 Million in 2026 and is anticipated to grow at a CAGR of 4.4% between 2020 and 2026.

Description

The global demand for the Fiber Optics Gyroscope Market was valued at USD 2232.56 Million in 2019 is expected to reach USD 2990.3 Million in 2026 and is anticipated to grow at a CAGR of 4.4% between 2020 and 2026. The fiber optics gyroscope market is majorly driven by the increasing defence expenditure globally. Moreover, the overall fiber optics gyroscope market is driven by factors such as the huge demand for remotely operated vehicles guidance and growing adoption of automation in industries and homes.

Global Fiber Optics Gyroscope Market: Overview

A fiber optic gyroscope (FOG) is used in sensing the object orientation and gives very accurate information about the rotational rate. As fiber optic gyroscope does not depend on the inertial resistance to movement and does not have any parts that are moving, thus it has speedily become a reliable option over the mechanical gyroscope. Fiber optic gyroscope is utilized in applications such as the autonomous underwater vehicles, inertial navigation systems of guided missiles, surveying, and remotely operated vehicles.

Global Fiber Optics Gyroscope Market: Segmentation

The fiber optics gyroscope market is globally segmented into sensing axis, devices, applications, and regions. On the basis of sensing axis, the market is segregated into 1-, 2-, 3-axis. Based on the devices, the market is categorized into attitude heading reference system, inertial measurement unit, gyrocompass, and inertial navigation system. Depending on the applications, the market is divided into remotely operated vehicle guidance, robotics, industrial, tactical grade applications, aeronautics and aviation, and defense and homeland security. The geographical segmentation of the fiber optics market includes North America, Asia Pacific, Europe, and Rest of the World.

Global Fiber Optics Gyroscope Market: Growth Factors

The major factors that are positively influencing the fiber optics gyroscope (FOG) market are increased defense investments in numerous developing and developed economies and the rising adoption of automation in industries and homes. For the positioning of the satellite antennas, navigation, and other applications, the requirement for the equipment optimized with advanced sensors is growing. The other factors that are contributing to the market growth are the employment of the FOG for measuring purposes during the drilling processes in the oil sector and the growing recognition and development of the remotely operated vehicles. Some of the defense sector applications of fiber optics gyroscope include missiles flight control, dynamic GPS tracking, dynamic platform stabilization, ground detection, guided ammunition, security, environmental observation, and earth observation. On the other hand, limitations such as time and complexity in terms of the manufacturing process challenge the market. High investment that is required for the research and development along with the ratio of low cost-benefit are factors that are restraining the market growth.

Global Fiber Optics Gyroscope Market: Regional Analysis

North America dominates the market owing to the factor that technologically advanced country of the US has a huge demand for fiber optics gyroscope owing to the vast defense budget and the increasing attractiveness of home automation. However, Asia Pacific will also experience a prominent market growth in the coming years due to some emerging economies that have increased their defense budget. China and Japan are two emerging countries that have a huge demand for fiber optics gyroscope in Asia Pacific region. Other factors that attribute this growth are large population base, increased number of R&D activities, rapid industrialization, and high investment for the improvement of the sensors.

Global Fiber Optics Gyroscope Market: Competitive Players

Some of the key market players that are involved in the fiber optics gyroscope include Honeywell International Inc., Colibrys Ltd., KVH Industries, Inc., Fizoptika Corp., Al Cielo Inertial Solutions Ltd., Emcore Corporation, Northrop Grumman LITEF GmbH., Nedaero Components, iXBlue SAS, and Optolink LLC.

Global Fiber Optics Gyroscope Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Table Of Content

  • Chapter 1 Preface
    • 1.1 Report Description
    • 1.1 Report Scope
  • Chapter 2 Research Methodology
    • 2.1 Research Methodology
    • 2.2 Secondary Research
    • 2.3 Primary Research
    • 2.4 Models
      • 2.4.1 Company Share Analysis Model
      • 2.4.2 Revenue Based Modeling
    • 2.5 Research Limitations
  • Chapter 3 Executive Summary
    • 3.1 Global Fiber Optics Gyroscope Market, 2016 – 2026 (US Million)
    • 3.2 Global Fiber Optics Gyroscope Market: Snapshot
  • Chapter 4 Fiber Optics Gyroscope Market – Industry Analysis
    • 4.1 Introduction
    • 4.2 Market Drivers
      • 4.2.1 Driving Factor 1 Analysis
      • 4.2.2 Driving Factor 2 Analysis:
    • 4.3 Market Restraints
      • 4.3.1 Restraining Factor Analysis
    • 4.4 Market Opportunities
      • 4.4.1 Market Opportunity & Use-case Anaysis
      • 4.4.2 Use – Cases for Fiber Optics
    • 4.5 Porter’s Five Forces Analysis
    • 4.6 COVID 19 Impact Analysis
      • 4.6.1.1 Impact on Product Development and Technology Adoption
      • 4.6.1.2 Gap Analysis
  • Chapter 5 Investment Proposition Analysis
    • 5.1 Global Fiber Optics Gyroscope Market Attractiveness, By Cable Type
    • 5.2 Global Fiber Optics Gyroscope Market Attractiveness, By Optical Fiber Type
    • 5.3 Global Fiber Optics Gyroscope Market Attractiveness, By Application
    • 5.4 Global Fiber Optics Gyroscope Market Attractiveness, By Region
  • Chapter 6 Competitive Landscape
    • 6.1 Company Market Share Analysis - 2019
      • 6.1.1 Global Fiber Optics Gyroscope Market: Company Market Share, 2019
    • 6.2 Strategic Developments
  • Chapter 7 Fiber Optics Gyroscope Market – Cable Type Segment Analysis
    • 7.1 Global Fiber Optics Gyroscope Market Overview: by Cable Type
      • 7.1.1 Global Fiber Optics Gyroscope Market Revenue Share, by Cable Type, 2019 & 2026
    • 7.2 Global Fiber Optics Gyroscope Market Analysis/Overview – By Cable Type
      • 7.2.1 Single-mode – Overview/Analysis
      • 7.2.2 Multi-mode – Overview/Analysis
    • 7.3 Single-mode
      • 7.3.1 Global Fiber Optics Gyroscope Market for Single-mode, Revenue (US Million) 2016 - 2026
    • 7.4 Multi-mode
      • 7.4.1 Global Fiber Optics Gyroscope Market for Multi-mode, Revenue (US Million) 2016 - 2026
  • Chapter 8 Fiber Optics Gyroscope Market – Optical Fiber Type Segment Analysis
    • 8.1 Global Fiber Optics Gyroscope Market Overview: by Optical Fiber Type
      • 8.1.1 Global Fiber Optics Gyroscope Market Revenue Share, by Optical Fiber Type, 2019 & 2026
    • 8.2 Global Fiber Optics Gyroscope Market Analysis/Overview – By Optical Fiber Type
      • 8.2.1 Glass – Overview/Analysis
      • 8.2.2 Plastics – Overview/Analysis
    • 8.3 Glass
      • 8.3.1 Global Fiber Optics Gyroscope Market for Glass, Revenue (US Million) 2016 - 2026
    • 8.4 Plastics
      • 8.4.1 Global Fiber Optics Gyroscope Market for Plastics, Revenue (US Million) 2016 - 2026
  • Chapter 9 Fiber Optics Gyroscope Market – Application Segment Analysis
    • 9.1 Global Fiber Optics Gyroscope Market Overview: by Application
      • 9.1.1 Global Fiber Optics Gyroscope Market Revenue Share, by Application, 2019 & 2026
    • 9.2 Global Fiber Optics Gyroscope Market Analysis/Overview – By Application
      • 9.2.1 Communication – Overview/Analysis
      • 9.2.2 Non-Communication – Overview/Analysis
    • 9.3 Communication
      • 9.3.1 Global Fiber Optics Gyroscope Market for Communication, Revenue (US Million) 2016 - 2026
    • 9.4 Non-Communication
      • 9.4.1 Global Fiber Optics Gyroscope Market for Non-Communication, Revenue (US Million) 2016 - 2026
  • Chapter 10 Fiber Optics Gyroscope Market – Regional Analysis
    • 10.1 Global Fiber Optics Gyroscope Market: Regional Overview
      • 10.1.1 Global Fiber Optics Gyroscope Market Revenue Share, by Region, 2019 & 2026
      • 10.1.2 Global Fiber Optics Gyroscope Market Revenue, by Region, 2016 – 2026 (US Million)
    • 10.2 North America
      • 10.2.1 North America Fiber Optics Gyroscope Market Revenue, 2016 - 2026 (US Million)
      • 10.2.2 North America Fiber Optics Gyroscope Market Revenue, by Country, 2016 – 2026 (US Million)
      • 10.2.3 North America Fiber Optics Gyroscope Market Revenue, by Cable Type, 2016 – 2026
      • 10.2.4 North America Fiber Optics Gyroscope Market Revenue, by Optical Fiber Type, 2016 – 2026
      • 10.2.5 North America Fiber Optics Gyroscope Market Revenue, by Application, 2016 – 2026
      • 10.2.6 U.S.
      • 10.2.7 Canada
    • 10.3 Europe
      • 10.3.1 Europe Fiber Optics Gyroscope Market Revenue, 2016 - 2026 (US Million)
      • 10.3.2 Europe Fiber Optics Gyroscope Market Revenue, by Country, 2016 – 2026 (US Million)
      • 10.3.3 Europe Fiber Optics Gyroscope Market Revenue, by Cable Type, 2016 – 2026
      • 10.3.4 Europe Fiber Optics Gyroscope Market Revenue, by Optical Fiber Type, 2016 – 2026
      • 10.3.5 Europe Fiber Optics Gyroscope Market Revenue, by Application, 2016 – 2026
      • 10.3.6 Germany
      • 10.3.7 France
      • 10.3.8 U.K.
      • 10.3.9 Italy
      • 10.3.10 Spain
      • 10.3.11 Rest of Europe
    • 10.4 Asia Pacific
      • 10.4.1 Asia Pacific Fiber Optics Gyroscope Market Revenue, 2016 - 2026 (US Million)
      • 10.4.2 Asia Pacific Fiber Optics Gyroscope Market Revenue, by Country, 2016 – 2026 (US Million)
      • 10.4.3 Asia Pacific Fiber Optics Gyroscope Market Revenue, by Cable Type, 2016 – 2026
      • 10.4.4 Asia Pacific Fiber Optics Gyroscope Market Revenue, by Optical Fiber Type, 2016 – 2026
      • 10.4.5 Asia Pacific Fiber Optics Gyroscope Market Revenue, by Application, 2016 – 2026
      • 10.4.6 China
      • 10.4.7 Japan
      • 10.4.8 India
      • 10.4.9 South Korea
      • 10.4.10 South-East Asia
      • 10.4.11 Rest of Asia Pacific
    • 10.5 Latin America
      • 10.5.1 Latin America Fiber Optics Gyroscope Market Revenue, 2016 - 2026 (US Million)
      • 10.5.2 Latin America Fiber Optics Gyroscope Market Revenue, by Country, 2016 – 2026 (US Million)
      • 10.5.3 Latin America Fiber Optics Gyroscope Market Revenue, by Cable Type, 2016 – 2026
      • 10.5.4 Latin America Fiber Optics Gyroscope Market Revenue, by Optical Fiber Type, 2016 – 2026
      • 10.5.5 Latin America Fiber Optics Gyroscope Market Revenue, by Application, 2016 – 2026
      • 10.5.6 Brazil
      • 10.5.7 Rest of Latin America
    • 10.6 The Middle-East and Africa
      • 10.6.1 The Middle-East and Africa Fiber Optics Gyroscope Market Revenue, 2016 - 2026 (US Million)
      • 10.6.2 The Middle-East and Africa Fiber Optics Gyroscope Market Revenue, by Country, 2016 – 2026 (US Million)
      • 10.6.3 The Middle-East and Africa Fiber Optics Gyroscope Market Revenue, by Cable Type, 2016 – 2026
      • 10.6.4 The Middle-East and Africa Fiber Optics Gyroscope Market Revenue, by Optical Fiber Type, 2016 – 2026
      • 10.6.5 The Middle-East and Africa Fiber Optics Gyroscope Market Revenue, by Application, 2016 – 2026
      • 10.6.6 GCC Countries
      • 10.6.7 South Africa
      • 10.6.8 Rest of Middle-East Africa
  • Chapter 11 Company Profiles
    • 11.1 Corning Incorporated
      • 11.1.1 Company Overview
      • 11.1.2 Financial Overview
      • 11.1.3 Product Portfolio
      • 11.1.4 Business Strategy
      • 11.1.5 Recent Developments
    • 11.2 Prysmian Group
    • 11.3 Finisar
    • 11.4 AFL Global
    • 11.5 Sumitomo Electric Industries Ltd
    • 11.6 LS Cable & System
    • 11.7 Leoni AG
    • 11.8 Furukawa Electric Co. Ltd.
    • 11.9 General Cable Corporation
    • 11.10 Sterlite Technologies Limited
    • 11.11 Optical Cable Corporation

Table Of Figures

List of Figures 

FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Fiber Optics Market Revenue, 2016 - 2026 (US Million)
FIG. 5 Porter’s Five Forces Analysis for Global Fiber Optics Market
FIG. 6 Global Fiber Optics Market Attractiveness, By Cable Type
FIG. 7 Global Fiber Optics Market Attractiveness, By Optical Fiber Type
FIG. 8 Global Fiber Optics Market Attractiveness, By Application
FIG. 9 Global Fiber Optics Market Attractiveness, By End-User
FIG. 10 Company Share Analysis, 2019
FIG. 11 Global Fiber Optics Market Revenue Share, by Cable Type, 2019 & 2026
FIG. 12 Global Fiber Optics Market for Single-mode, Revenue (US Million) 2016 - 2026
FIG. 13 Global Fiber Optics Market for Multi-mode, Revenue (US Million) 2016 - 2026
FIG. 14 Global Fiber Optics Market Revenue Share, by Optical Fiber Type, 2019 & 2026
FIG. 15 Global Fiber Optics Market for Glass, Revenue (US Million) 2016 - 2026
FIG. 16 Global Fiber Optics Market for Plastics, Revenue (US Million) 2016 - 2026
FIG. 17 Global Fiber Optics Market Revenue Share, by Application, 2019 & 2026
FIG. 18 Global Fiber Optics Market for  Communication, Revenue (US Million) 2016 - 2026
FIG. 19 Global Fiber Optics Market for Non-Communication, Revenue (US Million) 2016 - 2026
FIG. 20 Global Fiber Optics Market Revenue Share, by Region, 2019 & 2026
FIG. 21 North America Fiber Optics Market Revenue, 2016 - 2026 (US Million)
FIG. 22 Europe Fiber Optics Market Revenue, 2016 - 2026 (US Million)
FIG. 23 Asia Pacific Fiber Optics Market Revenue, 2016 - 2026 (US Million)
FIG. 24 Latin America Fiber Optics Market Revenue, 2016 - 2026 (US Million)
FIG. 25 The Middle-East and Africa Fiber Optics Market Revenue, 2016 - 2026 (US Million)
FIG. 26 Corning Incorporated Business Segment Revenue Share, 2018 (%)
FIG. 27 Corning Incorporated Geographical Segment Revenue Share, 2018 (%)


Table Of Tables

List of Tables

TABLE 1 Global Fiber Optics Market: Snapshot
TABLE 2 Drivers of the Fiber Optics Market: Impact Analysis
TABLE 3 Restraints for the Fiber Optics Market: Impact Analysis
TABLE 4 Global Fiber Optics Market Revenue, by Region, 2016 – 2026 (US Million)
TABLE 5 North America Fiber Optics Market Revenue, by Country, 2016 – 2026 (US Million)
TABLE 6 North America Fiber Optics Market Revenue, by Cable Type, 2016 – 2026 (US Million)
TABLE 7 North America Fiber Optics Market Revenue, by Optical Fiber Type, 2016 – 2026 (US Million)
TABLE 8 North America Fiber Optics Market Revenue, by Application, 2016 – 2026 (US Million)
TABLE 9 Europe Fiber Optics Market Revenue, by Country, 2016 – 2026 (US Million)
TABLE 10 Europe Fiber Optics Market Revenue, by Cable Type, 2016 – 2026 (US Million)
TABLE 11 Europe Fiber Optics Market Revenue, by Optical Fiber Type, 2016 – 2026 (US Million)
TABLE 12 Europe Fiber Optics Market Revenue, by Application, 2016 – 2026 (US Million)
TABLE 13 Asia Pacific Fiber Optics Market Revenue, by Country, 2016 – 2026 (US Million)
TABLE 14 Asia Pacific Fiber Optics Market Revenue, by Cable Type, 2016 – 2026 (US Million)
TABLE 15 Asia Pacific Fiber Optics Market Revenue, by Optical Fiber Type, 2016 – 2026 (US Million)
TABLE 16 Asia Pacific Fiber Optics Market Revenue, by Application, 2016 – 2026 (US Million)
TABLE 17 Latin America Fiber Optics Market Revenue, by Country, 2016 – 2026 (US Million)
TABLE 18 Latin America Fiber Optics Market Revenue, by Cable Type, 2016 – 2026 (US Million)
TABLE 19 Latin America Fiber Optics Market Revenue, by Optical Fiber Type, 2016 – 2026 (US Million)
TABLE 20 Latin America Fiber Optics Market Revenue, by Application, 2016 – 2026 (US Million)
TABLE 21 The Middle-East and Africa Fiber Optics Market Revenue, by Country, 2016 – 2026 (US Million)
TABLE 22 The Middle-East and Africa Fiber Optics Market Revenue, by Cable Type, 2016 – 2026 (US Million)
TABLE 23 The Middle-East and Africa Fiber Optics Market Revenue, by Optical Fiber Type, 2016 – 2026 (US Million)
TABLE 24 The Middle-East and Africa Fiber Optics Market Revenue, by Application, 2016 – 2026 (US Million)

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