Gyroscope Market
Gyroscope Market Forecasts to 2032 - Global Analysis By Product Type (MEMS Gyroscopes, Fiber Optic Gyroscopes, Ring Laser Gyroscopes, Dynamically Tuned Gyroscopes, Vibrating Structure Gyroscopes and Hemisphere Resonator Gyroscopes), Technology, Axis, Application, End User and By Geography
|
Years Covered |
2024-2032 |
|
Estimated Year Value (2025) |
US $3.2 BN |
|
Projected Year Value (2032) |
US $5.4 BN |
|
CAGR (2025-2032) |
7.7% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Gyroscope Market is accounted for $3.2 billion in 2025 and is expected to reach $5.4 billion by 2032 growing at a CAGR of 7.7% during the forecast period. Gyroscope is a precision instrument designed to maintain orientation by leveraging the principles of angular momentum. It consists of a spinning rotor, which resists external forces and retains its axis of rotation despite movement. Widely used in navigation, aerospace, and stabilization systems, gyroscopes enhance accuracy in motion sensing applications. They play a critical role in inertial guidance for aircraft, submarines, and smartphones. Advancements in MEMS technology have led to miniaturized gyroscopes, improving performance in consumer electronics and autonomous systems.
According to the International Federation of Robotics, China has maintained its position as the world's largest industrial robot market since 2013, accounting for 52% of total installations in 2022.
Market Dynamics:
Driver:
Rising demand for navigation systems in autonomous vehicles
As self-driving technology advances, precise orientation and stability control become essential for seamless vehicle operation. Gyroscopes enhance navigation accuracy by maintaining directional stability, enabling autonomous vehicles to function effectively in complex environments. Additionally, their integration into sensor fusion systems improves overall vehicular responsiveness, ensuring reliable real-time positioning.
Restraint:
Dependence on accelerometers for full functionality
While gyroscopes provide angular velocity measurements, they require accelerometers to compute linear movement accurately, making them part of multi-sensor systems. This dependency adds complexity to navigation solutions and can lead to higher integration costs for manufacturers. Additionally, discrepancies between gyroscope and accelerometer readings may cause calibration challenges, affecting precision in dynamic environments.
Opportunity:
Miniaturization and integration into IoT devices
Advances in microelectromechanical systems (MEMS) technology have enabled the development of compact, energy-efficient gyroscopic sensors that can be embedded in smart devices. Wearables, drones, and industrial automation systems increasingly rely on these sensors for motion tracking and stabilization. The expansion of IoT ecosystems across consumer electronics, healthcare, and logistics sectors is further driving innovation in gyroscopic technology.
Threat:
Cybersecurity risks in navigation systems
As vehicles, aircraft, and military systems become more reliant on digital navigation, vulnerabilities in gyroscopic sensors can expose them to cyber threats. Potential hacking risks may lead to signal disruptions, compromising operational accuracy. Safeguarding gyroscope-based navigation technologies through encryption, secure firmware, and AI-driven anomaly detection is crucial to mitigating security concerns.
Covid-19 Impact:
The pandemic influenced the gyroscope market by disrupting supply chains and delaying production schedules, impacting device availability. However, increased demand for automation and smart technologies during post-pandemic recovery efforts stimulated growth. The rising adoption of robotics, drones, and remote monitoring solutions further drove the need for gyroscopic precision in various applications.
The fiber optic gyroscopes segment is expected to be the largest during the forecast period
The fiber optic gyroscopes segment is expected to account for the largest market share during the forecast period due to its superior precision and reliability. Fiber optic gyroscopes leverage optical interference to deliver highly accurate rotational measurements, making them ideal for aerospace, defense, and submarine navigation. Their resistance to mechanical wear and high sensitivity further enhance their applications in demanding environments, solidifying their market leadership.
The navigation systems segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the navigation systems segment is predicted to witness the highest growth rate driven by advancements in autonomous transportation and smart mobility solutions. As demand for precision navigation grows, gyroscopes are being integrated into GPS systems, unmanned vehicles, and aerospace instruments. Continuous research in AI-enhanced navigation technologies is further boosting growth, reinforcing the significance of gyroscopes in modern navigation frameworks.
Region with largest share:
During the forecast period, the North America region is expected to hold the largest market share driven by robust investments in aerospace, defense, and autonomous vehicle technologies. Leading manufacturers and research institutions in the region are actively developing high-performance gyroscopic solutions for navigation and motion tracking applications. Additionally, the presence of key industry players and government-backed defense initiatives reinforce North America’s dominance in the gyroscope market.
Region with highest CAGR:
Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR attributed to rapid industrial automation and advancements in consumer electronics. Countries such as China, Japan, and South Korea are increasingly adopting gyroscopic technologies for smart mobility and IoT applications. The expansion of automotive manufacturing, coupled with investments in smart infrastructure, is driving regional market growth.
Key players in the market
Some of the key players in Gyroscope Market include Analog Devices Inc., Dynalabs, EMCORE Corporation, Honeywell International Inc., InnaLabs, InvenSense, Inc., Kionix, Inc., KVH Industries, Inc., MEMSIC Inc., MicroStrain Inc., Murata Manufacturing Co. Ltd, N.V. Robert Bosch GmbH, Northrop Grumman LITEF GmbH, NXP Semiconductors, Robert Bosch GmbH, Sensonsor AS, STMicroelectronics NV and Vectornav Technologies LLC.
Key Developments:
In April 2025, Honeywell announced a strategic collaboration with Lockheed Martin to co-develop advanced inertial navigation systems (INS) integrating Honeywell’s HG4930 MEMS gyroscopes with AI-based signal correction algorithms.
In March 2025, KVH Industries unveiled its new P-1775 IMU (Inertial Measurement Unit), featuring next-gen fiber-optic gyroscope (FOG) technology with enhanced thermal stability and reduced bias drift.
In February 2025, Analog Devices launched its new high-precision MEMS gyroscope model ADXRS6500, specifically engineered for aerospace, defense, and industrial-grade navigation systems.
Product Types Covered:
• MEMS Gyroscopes
• Fiber Optic Gyroscopes
• Ring Laser Gyroscopes
• Dynamically Tuned Gyroscopes
• Vibrating Structure Gyroscopes
• Hemisphere Resonator Gyroscopes
Technologies Covered:
• Mechanical
• Optical
• MEMS-based
• Vibrating Structure
Axis Covered:
• Single-Axis Gyroscope
• Dual-Axis Gyroscope
• Three-Axis Gyroscope
• Multi-Axis Gyroscope
Applications Covered:
• Consumer Electronics
• Navigation Systems
• Industrial Manufacturing
• Industrial Robotics
• Unmanned Vehicles
• Other Applications
End Users Covered:
• Aerospace & Defense
• Automotive
• Marine
• Healthcare
• Oil & Gas
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 Application Analysis
3.9 End User Analysis
3.10 Emerging Markets
3.11 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Gyroscope Market, By Product Type
5.1 Introduction
5.2 MEMS Gyroscopes
5.3 Fiber Optic Gyroscopes
5.4 Ring Laser Gyroscopes
5.5 Dynamically Tuned Gyroscopes
5.6 Vibrating Structure Gyroscopes
5.7 Hemisphere Resonator Gyroscopes
6 Global Gyroscope Market, By Technology
6.1 Introduction
6.2 Mechanical
6.3 Optical
6.4 MEMS-based
6.5 Vibrating Structure
7 Global Gyroscope Market, By Axis
7.1 Introduction
7.2 Single-Axis Gyroscope
7.3 Dual-Axis Gyroscope
7.4 Three-Axis Gyroscope
7.5 Multi-Axis Gyroscope
8 Global Gyroscope Market, By Application
8.1 Introduction
8.2 Consumer Electronics
8.3 Navigation Systems
8.4 Industrial Manufacturing
8.5 Industrial Robotics
8.6 Unmanned Vehicles
8.7 Other Applications
9 Global Gyroscope Market, By End User
9.1 Introduction
9.2 Aerospace & Defense
9.3 Automotive
9.4 Marine
9.5 Healthcare
9.6 Oil & Gas
9.7 Other End Users
10 Global Gyroscope Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Analog Devices Inc.
12.2 Dynalabs
12.3 EMCORE Corporation
12.4 Honeywell International Inc.
12.5 InnaLabs
12.6 InvenSense, Inc.
12.7 Kionix, Inc.
12.8 KVH Industries, Inc
12.9 MEMSIC Inc.
12.10 MicroStrain Inc.
12.11 Murata Manufacturing Co. Ltd
12.12 N.V. Robert Bosch GmbH
12.13 Northrop Grumman LITEF GmbH
12.14 NXP Semiconductors
12.15 Robert Bosch GmbH
12.16 Sensonsor AS
12.17 STMicroelectronics NV
12.18 Vectornav Technologies LLC
List of Tables
1 Global Gyroscope Market Outlook, By Region (2024-2032) ($MN)
2 Global Gyroscope Market Outlook, By Product Type (2024-2032) ($MN)
3 Global Gyroscope Market Outlook, By MEMS Gyroscopes (2024-2032) ($MN)
4 Global Gyroscope Market Outlook, By Fiber Optic Gyroscopes (2024-2032) ($MN)
5 Global Gyroscope Market Outlook, By Ring Laser Gyroscopes (2024-2032) ($MN)
6 Global Gyroscope Market Outlook, By Dynamically Tuned Gyroscopes (2024-2032) ($MN)
7 Global Gyroscope Market Outlook, By Vibrating Structure Gyroscopes (2024-2032) ($MN)
8 Global Gyroscope Market Outlook, By Hemisphere Resonator Gyroscopes (2024-2032) ($MN)
9 Global Gyroscope Market Outlook, By Technology (2024-2032) ($MN)
10 Global Gyroscope Market Outlook, By Mechanical (2024-2032) ($MN)
11 Global Gyroscope Market Outlook, By Optical (2024-2032) ($MN)
12 Global Gyroscope Market Outlook, By MEMS-based (2024-2032) ($MN)
13 Global Gyroscope Market Outlook, By Vibrating Structure (2024-2032) ($MN)
14 Global Gyroscope Market Outlook, By Axis (2024-2032) ($MN)
15 Global Gyroscope Market Outlook, By Single-Axis Gyroscope (2024-2032) ($MN)
16 Global Gyroscope Market Outlook, By Dual-Axis Gyroscope (2024-2032) ($MN)
17 Global Gyroscope Market Outlook, By Three-Axis Gyroscope (2024-2032) ($MN)
18 Global Gyroscope Market Outlook, By Multi-Axis Gyroscope (2024-2032) ($MN)
19 Global Gyroscope Market Outlook, By Application (2024-2032) ($MN)
20 Global Gyroscope Market Outlook, By Consumer Electronics (2024-2032) ($MN)
21 Global Gyroscope Market Outlook, By Navigation Systems (2024-2032) ($MN)
22 Global Gyroscope Market Outlook, By Industrial Manufacturing (2024-2032) ($MN)
23 Global Gyroscope Market Outlook, By Industrial Robotics (2024-2032) ($MN)
24 Global Gyroscope Market Outlook, By Unmanned Vehicles (2024-2032) ($MN)
25 Global Gyroscope Market Outlook, By Other Applications (2024-2032) ($MN)
26 Global Gyroscope Market Outlook, By End User (2024-2032) ($MN)
27 Global Gyroscope Market Outlook, By Aerospace & Defense (2024-2032) ($MN)
28 Global Gyroscope Market Outlook, By Automotive (2024-2032) ($MN)
29 Global Gyroscope Market Outlook, By Marine (2024-2032) ($MN)
30 Global Gyroscope Market Outlook, By Healthcare (2024-2032) ($MN)
31 Global Gyroscope Market Outlook, By Oil & Gas (2024-2032) ($MN)
32 Global Gyroscope Market Outlook, By Other End Users (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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