At 5.7% CAGR, North America Inertial Sensors for Land Defense System Market is Projected to be Worth US$ 508.23 Million by 2030, says Business Market Insights

According to Business Market Insights’ research, the North America inertial sensors for land defense system market was valued at US$ 326.16 million in 2022 and is expected to reach US$ 508.23 million by 2030, registering a CAGR of 5.7% from 2022 to 2030. Advancements in MEMS technology and rise in government initiatives are among the critical factors attributed to drive the North America inertial sensors for land defense system market growth. 

Microelectromechanical Systems (MEMS) refers to the fabrication of microscopic sensors, actuators, and transducers with moving mechanical parts at the microscopic scale. The utilization of MEMS technology in inertial sensors for land defense systems has expanded their range of applications. MEMS technology enables the production of inertial sensors on a microscopic scale, allowing for their integration into smaller land defense systems such as unmanned ground vehicles and soldier-worn devices. Additionally, the adoption of MEMS technology has led to cost reduction in sensor manufacturing, making inertial sensors more accessible and affordable. MEMS-based inertial sensors offer superior performance characteristics, including high sensitivity, accuracy, and stability, enhancing their suitability for precise motion sensing and navigation in land defense systems. For instance, in September 2023, EMCORE Corporation, a leading provider of inertial navigation solutions to the aerospace & defense industry, announced the launch of the TAC-440 MEMS Inertial Measurement Unit (IMU). This IMU is recognized as the world's smallest 1°/hour IMU and is available in an ultra-compact package of less than 5 cubic inches. Furthermore, the TAC-440 is designed to be a higher-performance replacement for the Honeywell 1930 and 4930 IMUs, offering improved form, fit, and function compatibility. Overall, the introduction of the TAC-440 MEMS Inertial Measurement Unit by EMCORE Corporation represents a significant advancement in the field of inertial navigation technology. Its small size, cost-effectiveness, improved performance, integration possibilities, and mass production capability make it a valuable asset for various land defense applications. MEMS technology also enables the integration of multiple sensors on a single chip, providing multi-axis motion sensing capabilities. Furthermore, the mass production capability of MEMS technology has substantially contributed to the widespread adoption of inertial sensors in land defense systems. Thus, advancements in MEMS technology have had a significant impact on the miniaturization, cost reduction, and improved performance of inertial sensors, which drives the market.

On the flip side, technological limitations hamper the growth of North America inertial sensors for land defense system market.

Based on technology, the North America inertial sensors for land defense system market is categorized into FOG, MEMS, and others. The FOG segment held 52.5% market share in 2022, amassing US$ 171.18 million. It is projected to garner US$ 280.99 million by 2030 to register 6.4% CAGR during 2022–2030.

In terms of application, the North America inertial sensors for land defense system market is segmented into stabilization missile systems, stabilization turret/ cannon systems, land navigation including land survey, missile GGM/ SSM, stabilization active protection systems, stabilization of optronic systems, and others. The stabilization missile systems segment held 31.1% share of North America inertial sensors for land defense system market in 2022, amassing US$ 101.34 million. It is anticipated to garner US$ 157.46 million by 2030 to expand at 5.7% CAGR during 2022–2030.

Based on country, the North America inertial sensors for land defense system market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 81.1% share of North America inertial sensors for land defense system market in 2022. It was assessed at US$ 264.52 million in 2022 and is likely to hit US$ 417.47 million by 2030, registering a CAGR of 5.9% during 2022–2030.

Key players operating in the North America inertial sensors for land defense system market are Collins Aerospace, Advanced Navigation Pty Ltd, Honeywell International Inc, Northrop Grumman Corp, SBG Systems SAS, Thales SA, Emcore Corp, and Exail SAS., among others.

• In November 2021, Thales and CS Group have collaborated to deliver a comprehensive navigation solution tailored for surface ships within the Navy. This solution is centered around the Thales TopAxyz inertial navigation unit, which seamlessly integrates with CS Group’s real-time computer technology. By combining exceptional performance and resilience in electronic warfare scenarios, the system offers precise pointing, gyrocompass, location, and navigation capabilities for various naval platforms, including surface combatants, submarines, and autonomous vehicles.

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