The global High-End Gyroscopes market size is projected to reach USD 2.39 billion by 2029

A gyroscope is a device used for measuring or maintaining orientation and angular velocity. It is a spinning wheel or disc in which the axis of rotation (spin axis) is free to assume any orientation by itself. When rotating, the orientation of this axis is unaffected by tilting or rotation of the mounting, according to the conservation of angular momentum.

Gyroscopes based on other operating principles also exist, such as the microchip-packaged MEMS gyroscopes found in electronic devices (sometimes called gyrometers), solid-state ring lasers, fibre optic gyroscopes, and the extremely sensitive quantum gyroscope.

According to the new market research report “Global High-End Gyroscopes Market Report 2023-2029”, published by GlobalInfoResearch, the global High-End Gyroscopes market size is projected to reach USD 2.39 billion by 2029, at a CAGR of 4.0% during the forecast period.

• Global High-End Gyroscopes MarketSize(US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global High-End Gyroscopes Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

• Global High-End Gyroscopes Top15Players Ranking and Market Share（Based on data of 2021, Continually updated）

Source: GlobalInfoResearch, “Global High-End Gyroscopes Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

The global key manufacturers of High-End Gyroscopes include Honeywell, Northrop Grumman, Safran, Kearfott, Silicon Sensing, AVIC, Polyus, KVH Industries, Optolink, Analog Devices, etc. In 2021, the global top five players had a share approximately 72.0% in terms of revenue.

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