An inertial navigation system evaluates inputs from accelerometers and gyroscopes to track the position and orientation of an object relative to the starting point and velocity of the object. Inertial navigation systems are utilized across airborne, ground, and naval platforms.

Position, velocity, and orientation are essential parameters of navigation systems. Most navigation systems, such as the Global Positioning System (GPS), do not provide real-time details on the above-mentioned parameters. The deployment of GPS across various platforms depends on its signal strength and location of the equipment. Furthermore, precise and reliable navigation inputs are required to ensure the efficient functioning of GPS and other satellite communication and airborne equipment. These details are provided by inertial navigation systems with desired accuracy and reliability.

The Inertial Navigation Systems vendors are placed into 4 categories based on their performance and reviews in each criterion: “visionary leaders,” “innovators,” “dynamic differentiators,” and “emerging companies".

Vendors that fall under this category generally receive high scores for most of the evaluation criteria. They have well-established product portfolios with strong market presence. They provide reputed products and services. They also have strong business strategies to strengthen their position in the 3D radar market.

Dynamic differentiators are well-established vendors with strong business strategies. However, they have weaker product portfolios as compared to their competitors. They generally focus on a specific type of technology-related to a particular product.

Innovators are the vendors that have demonstrated substantial product innovations as compared to their competitors. They have an extensive product portfolio. However, they do not have strong growth strategies for their overall business.

Emerging companies are the vendors with niche product offerings, who have started to gain their foothold in the Inertial Navigation Systems market. They do not have strong business strategies as compared to other established vendors. They might be new entrants and may require some time before gaining significant traction in the market. The aircraft segment of the inertial navigation system market has been broadly classified into civil aircraft and military aircraft. The aircraft segment of the inertial navigation system market is expected to witness growth during the forecast period due to increasing commercial aviation operations, growing air travel, and increasing government defense budgets across the globe. Growth of the aircraft segment of the market has a direct and positive impact on growth of the inertial navigation system market. Moreover, the demand for inertial navigation systems from the military and civil aviation end user segments has also been increasing over the past ten years, which is also fueling growth of the inertial navigation system market globally. The civil aircraft sub-segment of the aircraft segment of the inertial navigation system market has been categorized into commercial cargo/passenger aircraft, general aviation (business jets and light aircraft), and civil helicopters. The civil aircraft sub-segment of the aircraft segment of the inertial navigation system market has been witnessing significant growth in the past few years due to increasing air traffic and rise in disposable income of the middle-class population across the globe. Moreover, the increased demand for new aircraft across the globe is also fueling growth of the civil aircraft sub-segment of the aircraft segment of the inertial navigation system market. Missiles are self-propelled weapon systems that are loaded with various advanced technologies to enhance their efficiency. Missiles can be used for air defense, anti-tank, anti-ship missions, etc. They can be carry different types of warheads to maximize or minimize the damage caused by them. The warheads can be nuclear, biological, chemical, or highly explosive.