Europe Inertial Sensors for Land Defense Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2030

Analysis - by Technology (FOG, MEMS, and Others) and Application (Stabilization Missile Systems, Stabilization Turret-Cannon Systems, Land Navigation Including Land Survey, Missile GGM-SSM, Stabilization Active Protection System, Stabilization of Optronics System, and Others)


No. of Pages: 88    |    Report Code: BMIRE00030410    |    Category: Electronics and Semiconductor

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Europe Inertial Sensors for Land Defense Market

The Europe inertial sensors for land defense system market was valued at US$ 246.78 million in 2022 and is expected to reach US$ 376.07 million by 2030; it is estimated to record a CAGR of 5.4% from 2022 to 2030.

Advancements in MEMS Technology Fuel Europe inertial sensors for land defense system market

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.

 

Europe inertial sensors for land defense system market Overview

 

The market in Europe is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The inertial sensors for land defense systems market is witnessing substantial growth in Europe. Europe has a significant military base. The European Defense Agency (EDA) supports member states in areas such as capability planning, joint training, and technological research to increase interoperability and efficiency. For example, EDA's activities emphasize supporting member states in changing toward a more coherent European ability landscape through the collaborative modernization, upgrading, and purchase of military and fleet components such as main battle tanks and armored or infantry fighting vehicles. In addition, EDA supports Member States in pursuing activities that enhance military mobility. Better mobility of forces within and beyond the EU strengthens European security by enabling the EU member states to act faster, in line with their defense needs and responsibilities, both in the context of CSDP missions and operations and national and multinational activities. KNDS is among the European leaders in land defense. Its product range includes main battle tanks, artillery systems, armored vehicles, weapons systems (including robotics, ammunition, military bridges, training solutions, battle management systems, and protection solutions), and a wide range of equipment.

 

There are several upcoming land defense projects in Europe. For instance, in January 2024, The European Commission signed a grant agreement to launch the Land Tactical Collaborative Combat (LATACC) project coordinated by Thales to improve the collaborative capabilities of European coalition forces. The LATACC project brings together 34 industry players and research institutes (including core team members Thales, Rheinmetall, Leonardo, Indra, Saab, ISD, and John Cockerill Defense) from 13 European countries. The European Commission finances the project with US$ 53.37 million of funding from the European Defence Fund. Thus, inertial sensors are a critical component of modern land warfare in Europe, providing essential data for navigation, targeting, and platform stabilization in even the most challenging environments. Therefore, owing to the above parameters, the inertial sensors for land defense systems market is growing in the region.

 

Europe 

inertial sensors for land defense system market Revenue and Forecast to 2030 (US$ Million)

Europe inertial sensors for land defense system market Revenue and Forecast to 2030 (US$ Million)
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Europe Inertial Sensors for Land Defense Strategic Insights

Strategic insights for the Europe Inertial Sensors for Land Defense provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Europe Inertial Sensors for Land Defense Report Scope

Report Attribute Details
Market size in 2022 US$ 246.78 Million
Market Size by 2030 US$ 376.07 Million
Global CAGR (2022 - 2030) 5.4%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Technology
  • FOG
  • MEMS
By Application
  • Stabilization Missile Systems
  • Stabilization Turret-Cannon Systems
  • Land Navigation Including Land Survey
  • Missile GGM-SSM
  • Stabilization Active Protection System
  • Stabilization of Optronics System
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • Collins Aerospace
  • Advanced Navigation Pty Ltd
  • Honeywell International Inc
  • Northrop Grumman Corp
  • SBG Systems SAS
  • Thales SA
  • GEM Elettronica SRL
  • Exail SAS
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    Europe Inertial Sensors for Land Defense Regional Insights

    The geographic scope of the Europe Inertial Sensors for Land Defense refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Europe 

    inertial sensors for land defense system market Segmentation

     

    The Europe inertial sensors for land defense system market is categorized into technology, application, and country.

     

    Based on technology, the Europe inertial sensors for land defense system market is categorized into FOG, MEMS, and others. The FOG segment held the largest market share in 2022.

     

    In terms of application, the Europe 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 the largest market share in 2022.

     

    By country, the Europe inertial sensors for land defense system market is segmented into the UK, France, Russia, Germany, Italy, and the Rest of Europe. The UK dominated the Europe inertial sensors for land defense system market share in 2022.

     

    Collins Aerospace, Advanced Navigation Pty Ltd, Honeywell International Inc, Northrop Grumman Corp, SBG Systems SAS, Thales SA, GEM Elettronica SRL, and Exail SAS are among the leading companies operating in the Europe inertial sensors for land defense system market.

    The List of Companies - Europe Inertial Sensors for Land Defense Market

    1. Collins Aerospace 
    2. Advanced Navigation Pty Ltd 
    3. Honeywell International Inc 
    4. Northrop Grumman Corp 
    5. SBG Systems SAS 
    6. Thales SA 
    7. GEM Elettronica SRL 
    8. Exail SAS

    Frequently Asked Questions
    How big is the Europe Inertial Sensors for Land Defense Market?

    The Europe Inertial Sensors for Land Defense Market is valued at US$ 246.78 Million in 2022, it is projected to reach US$ 376.07 Million by 2030.

    What is the CAGR for Europe Inertial Sensors for Land Defense Market by (2022 - 2030)?

    As per our report Europe Inertial Sensors for Land Defense Market, the market size is valued at US$ 246.78 Million in 2022, projecting it to reach US$ 376.07 Million by 2030. This translates to a CAGR of approximately 5.4% during the forecast period.

    What segments are covered in this report?

    The Europe Inertial Sensors for Land Defense Market report typically cover these key segments-

  • Technology (FOG, MEMS)
  • Application (Stabilization Missile Systems, Stabilization Turret-Cannon Systems, Land Navigation Including Land Survey, Missile GGM-SSM, Stabilization Active Protection System, Stabilization of Optronics System)
  • What is the historic period, base year, and forecast period taken for Europe Inertial Sensors for Land Defense Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Inertial Sensors for Land Defense Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2030
  • Who are the major players in Europe Inertial Sensors for Land Defense Market?

    The Europe Inertial Sensors for Land Defense Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Collins Aerospace
  • Advanced Navigation Pty Ltd
  • Honeywell International Inc
  • Northrop Grumman Corp
  • SBG Systems SAS
  • Thales SA
  • GEM Elettronica SRL
  • Exail SAS
  • Who should buy this report?

    The Europe Inertial Sensors for Land Defense Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Inertial Sensors for Land Defense Market value chain can benefit from the information contained in a comprehensive market report.