Inertial Navigation System (INS) Market: Global Industry Trends, Share, Size, Growth, Opportunity an

Javed0007612 Jan, 2022Business

Inertial Navigation System Market size is projected to reach USD 13.5 Billion by 2027 from an estimated USD 9.4 Billion in 2020, growing at a CAGR of 5.3% globally. The Inertial Navigation System (INS) consists of an inertial navigation system, a Global Navigation Satellite System (GNSS) receiver, and sensor fusion software. These components work together to calculate location, orientation, and speed, and provide important navigation information in areas where GNSS is restricted, such as city canyons, bridges, tunnels, mountains, parking lots, and dense forests. The information from the IMU is used to calculate how the object has moved in 3D space, in what direction, and how fast it is moving.