Market Share of Europe Inertial Systems Industry
The Europe Inertial Systems Market is moderately fragmented due to the presence of various inertial systems solution providers. However, the vendors consistently focus on product development to enhance their visibility and presence. The companies are also undergoing strategic partnerships and acquisitions to gain market traction and increase their market share.
- July 2022 - Honeywell and Civitanavi Systems announced a collaboration to develop inertial measurement units (IMU), attitude heading reference systems and inertial navigation systems for commercial and defense applications.
- May 2022 - Analog Devices, Inc. (ADI) launched a three-axis MEMS accelerometer designed for various healthcare and industrial applications, including vital signs monitoring, hearing aids, and motion-enabled metering devices.
Europe Inertial Systems Market Leaders
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Honeywell Aerospace Inc.
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Northrop Grumman Corporation
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Bosch Sensortec GmbH
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Analog Devices Inc.
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Thales Group
*Disclaimer: Major Players sorted in no particular order
