Guest columnist Mark Looney on how enhanced performance has led MEMS IMUs to be key enablers for scalable AV platforms. MARK LOONEY, APPLICATIONS ENGINEERING MANAGER, INERTIAL MEMS TECHNOLOGY GROUP, ANALOG DEVICES GPS and Inertial sensing are key parts of Guidance Navigation Control (GNC) systems in
/PRNewswire/ The "Fiber Optic Sensors Global Market Forecast & Analysis 2021-2031" report has been added to ResearchAndMarkets.com s offering. The values.
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NEW YORK, Feb. 12, 2021 /PRNewswire/ Award-winning market research company Fact.MR has recently published the global fiber optic gyroscope market report. As per its analysis, Fact.MR forecasts a moderate yet steady expansion for 2021, as key aerospace hubs recover from the coronavirus pandemic. A gradual incline is expected, as countries resume international flight operations, thereby, restoring disequilibrium across key aerospace verticals. A CAGR exceeding 4% is anticipated for the market through 2031.
According to the International Air Transport Association (IATA), revenues are likely to rebound to around 50% of the pre-pandemic levels, assuming that global inoculation procedures acquire swift pace. This is expected to widen the berth for new fiber optic gyroscope sales, as aircraft manufacturers invest in advanced motion sensing and other navigational components. Furthermore, applications across other verticals, most notably the automoti