Inertial Navigation System (INS) Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Fresh investments in military and naval applications encourage the inertial navigation system market. The blooming aerospace market and technological advancements in navigations systems are further anticipated to drive the market. Inertial Navigation System gives exact navigation and positioning information to fight platforms when engaged in missions, whether for their location or the pointing of weapons systems (artillery, missile, etc.), sensors (radars, optronics, etc.) or weapons itself. They deliver valuable assistance to these systems while ensuring the best security. On advanced fighters like the Rafale, INS gives fully autonomous operation and resistance to electronic warfare. The European helicopter NH90 has also installed this technology.

Aircraft carriers need to harmonize the ship's navigation system with those on its aircraft. Inertial Navigation System guarantees the ship's capability to work in a critical magnetic environment, without castigating performance, an ideal solution for new-generation submarines. Out on the battlefield, artillery systems have to offer extraordinary precision, extreme shock resistance. As the commercial aviation market is increasing at a more accelerated rate due to the exponential rise in air passenger traffic, the demand for new aircraft is growing year on year. This increasing demand is expected to drive the navigational grade INS market during the forecast period.

The inertial navigation system market is expected to grow at a CAGR of 5.55% over the forecast period (2021-2026). Inertial navigation system (INS) is a navigation technique in which accelerometers and gyroscopes provide measurements and are used to track an object's orientation and position relative to a known starting point, orientation, and velocity. ​

INS is an autonomous system with excellent concealment. It is independent of any external information, which does not radiate energy to external space, making it applicable in sea, airspace, or underground.​ Since the inertial navigation system updates the data quickly and possesses the advantages of accuracy and stability with small size and lightweight, it can provide comprehensive navigation data, such as the location. Thus, the INS plays a critical role in military and civilian navigation.​

For instance, the US Navy awarded a contract to Northrop Grumman Corporation to develop the replacement inertial navigation system (INS-R) deployed on navy combat and support ships. INS-R provides increased navigation accuracy in challenging maritime combat environments.

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