Rising investment in aerospace & defense industry, increased adoption of miniaturized components, and rising demand for highly accurate and reliable inertial navigation systems are the key factors driving the growth of the global inertial navigation system market. Inertial navigation system is a navigation device used to calculate position, orientation, and velocity of a moving object without external references. It consists of accelerometer, gyroscope, and internal computer to calculate orientation, location and velocity. The inertial navigation systems is extensively used across aerospace and defense applications such as ships, submarines, missiles, spacecrafts, and aircrafts. Increased investment in development of advanced communication systems for defense applications has significantly contributed towards the growth of the global inertial navigation system market. Rising demand for advanced aircrafts, increased investment in development of highly accurate missile systems, and proliferation of unmanned vehicles across aerial, marine and ground defense applications is expected to contribute towards the growth of the global inertial navigation system market during the forecast period.
Read More@https://www.insightslice.com/inertial-navigation-system-market
