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Inertial Navigation System Market to Grow at a CAGR of 8.6% During the Forecast Period; The Surging Firepower of Militaries to Augment Market Expansion

May 06, 2025 | Aerospace & Defense

The global inertial navigation system market size stood at USD 12.71 billion in 2024. The market is predicted to rise from USD 13.65 billion in 2025 to USD 24.28 billion by 2032 at a CAGR of 8.6% from 2025 to 2032.

Fortune Business Insights™ presents this information in its report titled, Inertial Navigation System Market Size, Share & Industry Analysis & Russia-Ukraine War Impact, By Component (Accelerometers, Gyroscopes, and Others), By Technology (Mechanical Gyro, Ring Laser Gyro, Fiber Optics Gyro, MEMS, and Others), By Platform (Airborne, Ground, Maritime, and Space), By End-User (Commercial and Military), and Regional Forecast, 2025-2032.  

Navigation systems help determine locations concerning a reference point or specific coordinates. An Inertial Navigation System (INS) contains at least three gyroscopes and accelerometers, which generate navigation data. Inertial navigation systems play a vital role in identifying vehicles' and equipment's speed, position, and attitude. The rapid adoption of miniaturized accelerometers and gyroscope sensors is fueling market expansion.

Constant Battles Between Russia-Ukraine War Paved the Way for Advanced Navigation System Producers

The prolonged Russia-Ukraine War has accelerated the need for advanced navigation solutions and precision mapping. Military forces are increasingly investing in high-tech aerial navigation, space-based tracking systems for enemy detection, and the Ship Inertial Navigation System (SINS), assisting market expansion.

Introduction of Innovative Products by Leading Players to Boost Market Revenue

In January 2025, ANELLO Photonics, renowned for its Silicon Photonic Optical Gyroscope (SiPhOG) technology and expertise in high-precision inertial navigation, unveiled the ANELLO Maritime INS. Designed specifically for maritime applications, this state-of-the-art system represents a major advancement in navigation for marine operations in environments where GPS signals are weak or unavailable.

Increasing Requirement for Precise Navigation Solutions to Propel Market Growth

Increased demand for innovative robotic vehicles powered by remote operation and sensor-driven technologies is attributed to the rapid integration of Artificial Intelligence (AI) and Machine Learning (ML). These advancements are revolutionizing the development of next-generation unmanned aerial vehicles, which integrate sensors, such as accelerometers and gyroscopes, to track position, movement, and speed. The surging firepower of militaries and the rising need for navigational precision are propelling the inertial navigation system market growth.

Conversely, the substantial costs of inertial navigation systems are hindering market growth.

Notable Players Emphasize Acquisitions and Collaborations to Reinforce Market Presence

Top inertial navigation system companies, backed by strong brands and robust product portfolios, are driving industry progress. Their focus on R&D investments ensures developing sophisticated yet cost-effective solutions continuously. Prominent companies engage in acquisitions and collaborations to solidify their competitive edge. In December 2022, Movella teamed up with accurate positioning sensor producer Fixposition to hasten the creation and commercialization of GNSS inertial navigation sensors utilizing visual-inertial odometry.

Notable Industry Development:

  • September 2024: The Australian firm Advanced Navigation finalized an important agreement with South Korean conglomerate Hanwha to provide an innovative inertial guidance system for multiple weapon platforms manufactured by the Asian company.

List of the Companies Profiled in the Report:

  • Bharat Electronic Limited (BEL) (India)
  • Gladiator Technologies (U.S)
  • Honeywell International Inc. (U.S.)
  • iXblue SAS (France)
  • Northrop Grumman Corporation (U.S.)
  • Parker Hannifin Corporation (U.S.)
  • RTX Corporation (U.S.)
  • Safran S.A. (France)
  • Teledyne Technologies Incorporated (U.S.)
  • Thales Group (France)
  • Trimble Inc. (U.S.)
  • VectroNav Technologies LLC. (U.S.)

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/inertial-navigation-system-ins-market-102849

Further Report Findings-

  • North America registered the highest inertial navigation system market share, driven by the existence of top producers and rising investments in cutting-edge military technology. Rapid deployment of aircraft and space exploration programs also fuel market expansion in the region.
  • Europe is predicted to experience the fastest growth in the coming years, influenced by the ongoing Russia-Ukraine conflict. An increase in military modernization efforts and rising procurement of navigation devices from the U.K., France, and Russia are fostering market expansion in the region.
  • By component, gyroscopes are set to lead the market thanks to their superior motion-tracking capabilities and navigation accuracy. Developing compact, efficient, and budget-friendly gyroscopes continues to support segment expansion.
  • In terms of technology, the MEMS segment led the market as it plays a prominent role in fulfiling the evolving demand for highly compact, efficient, and intelligent navigation systems.

Table of Segmentation

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2024

Estimated Year

2025

Forecast Period

2025-2032

Historical Period

2019-2023

Growth Rate

CAGR of 8.6% from 2025 to 2032

Unit

Value (USD Billion)

Segmentation

 

By Component

  • Accelerometers
  • Gyroscopes
  • Others

By Technology

  • Mechanical Gyro
  • Ring Laser Gyro
  • Fiber Optics Gyro
  • MEMS
  • Others

By Platform

  • Airborne
  • Ground
  • Maritime
  • Space

By End-User

  • Commercial
  • Military

By Region

  • North America (By Component, Technology, Platform, End-User, and Country)
    • U.S. (By End-User)
    • Canada (By End-User)
  • Europe (By Component, Technology, Platform, End-User, and Country)
    • U.K. (By End-User)
    • Germany (By End-User)
    • France (By End-User)
    • Rest of Europe (By End-User)
  • Asia Pacific (By Component, Technology, Platform, End-User, and Country)
    • China (By End-User)
    • Japan (By End-User)
    • India (By End-User)
    • Rest of Asia Pacific (By End-User)
  • Rest of the World (By Component, Technology, Platform, End-User, and Sub-Region)
    • Latin America (By End-User)
    • Middle East & Africa (By End-User)

 

Aerospace & Defense
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  • 2019 - 2023
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