According to a report issued by research firm Yole Développement (Yole), the increasing geopolitical risks, the ending oil crisis, and the upcoming robotic era are positively impacting the evolution of the high-end inertial systems industry. The firm’s report, titled High-End Inertial Systems Market & Technology, finds the defense & military market segment is still the largest user of inertial systems with 4% CAGR between 2016 and 2022.
In parallel, the commercial aerospace segment is showing an increasing market share. The industrial sector, from its side, is also showing a similar growth.
What are the major drivers? What will the market look like in 2022? Yole is showing the major trends of the high-end inertial system industry with deep understanding of inertial sensor value chain, infrastructure & players for the inertial business. “Defense and commercial aerospace markets have always been the backbone of the high-end inertial system market, and that is still true today”, comments Dr. Guillaume Girardin, Technology & Market Analyst at Yole.
If you are feeling inertial pull towards needing more info, you can read the complete story from Yole.