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According to this market research study the European fiber optic gyroscope market is expected to reach US$ 356.89 million by 2027 from US$ 255.64 million in 2019. The market is estimated to grow at a CAGR of 4.4% from 2020 to 2027. The report provides trends prevailing in the Europe fiber optic gyroscope market along with the drivers and restraints pertaining to the market growth. Increasing requirement of fiber optic gyroscopes among various industrial applications is the major factor driving the growth of the Europe fiber optic gyroscope market. However, issues associated with availability of substitute solutions hinders the growth of Europe fiber optic gyroscope market.