Global Fiber Optics Gyroscope Market Report 2021: Market to Reach $1.1 Billion by 2027 – U.S. Market is Estimated at $266.2 Million, While China is Forecast to Grow at 3.2% CAGR – ResearchAndMarkets.com

DUBLIN–()–The “Fiber Optics Gyroscope – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.

Global Fiber Optics Gyroscope Market to Reach $1.1 Billion by 2027

Amid the COVID-19 disaster, the worldwide marketplace for Fiber Optics Gyroscope estimated at US$904.9 Million within the yr 2020, is projected to succeed in a revised dimension of US$1.1 Billion by 2027, rising at a CAGR of three.4% over the evaluation interval 2020-2027.

1-Axis, one of many segments analyzed within the report, is projected to file a 2.5% CAGR and attain US$91.8 Million by the top of the evaluation interval. After an early evaluation of the enterprise implications of the pandemic and its induced financial disaster, development within the 2-Axis section is readjusted to a revised 3% CAGR for the following 7-year interval.

The U.S. Market is Estimated at $266.2 Million, While China is Forecast to Grow at 3.2% CAGR

The Fiber Optics Gyroscope market within the U.S. is estimated at US$266.2 Million within the yr 2020. China, the world’s second largest financial system, is forecast to succeed in a projected market dimension of US$204 Million by the yr 2027 trailing a CAGR of three.2% over the evaluation interval 2020 to 2027. Among the opposite noteworthy geographic markets are Japan and Canada, every forecast to develop at 3.1% and a couple of.9% respectively over the 2020-2027 interval. Within Europe, Germany is forecast to develop at roughly 3.4% CAGR.

3-Axis Segment to Record 3.8% CAGR

In the worldwide 3-Axis section, USA, Canada, Japan, China and Europe will drive the three.9% CAGR estimated for this section. These regional markets accounting for a mixed market dimension of US$430.8 Million within the yr 2020 will attain a projected dimension of US$563.8 Million by the shut of the evaluation interval.

China will stay among the many quickest rising on this cluster of regional markets. Led by nations equivalent to Australia, India, and South Korea, the market in Asia-Pacific is forecast to succeed in US$127.6 Million by the yr 2027.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession
  • World 15-Year Perspective for 1-Axis by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • World 15-Year Perspective for 2-Axis by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • World Current & Future Analysis for 3-Axis by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Thousand for Years 2020 via 2027 and % CAGR
  • World Historic Review for 3-Axis by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Thousand for Years 2012 via 2019 and % CAGR
  • World 15-Year Perspective for 3-Axis by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • World 15-Year Perspective for Defense & Homeland Security by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • World 15-Year Perspective for Aeronautics & Aviation by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • World 15-Year Perspective for Tactical Grade Applications by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • World 15-Year Perspective for Robotics by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • World 15-Year Perspective for Remotely Operated Vehicle Guidance by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • World 15-Year Perspective for Industrial by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 46

For extra details about this report go to https://www.researchandmarkets.com/r/o1gnwx

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