Report overview
Gyro Compass is a non-magnetic compass used at sea. It automatically finds the geographic direction based on the rapidly rotating disc and the rotation of the earth.
This report aims to provide a comprehensive presentation of the global market for Gyro Compass, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gyro Compass. This report contains market size and forecasts of Gyro Compass in global, including the following market information:
Global Gyro Compass Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Gyro Compass Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Gyro Compass companies in 2022 (%)
The global Gyro Compass market was valued at US$ 215.9 million in 2022 and is projected to reach US$ 279 million by 2029, at a CAGR of 3.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The current mainstream product on the market is Fiber Optic Gyro Compass, which accounts for 69.06% of the total market revenue in 2019. The major companies of Gyro Compass are in Europe, American and Japan. So the production regions of Gyro Compass are mainly concentrated in Europe, North America and Japan, and the total output value in 2019 accounts for 40.83%, 23.85% and 32.54% of the global total output value, respectively.
We surveyed the Gyro Compass manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Gyro Compass Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Gyro Compass Market Segment Percentages, by Type, 2022 (%)
Fiber Optic Gyro Compass
Mechanical Gyro Compass
Global Gyro Compass Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Gyro Compass Market Segment Percentages, by Application, 2022 (%)
Commercial Shipping
Workboats
Yachts
ROVs and AUVs
Naval Vessels
Global Gyro Compass Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Gyro Compass Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Gyro Compass revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Gyro Compass revenues share in global market, 2022 (%)
Key companies Gyro Compass sales in global market, 2018-2023 (Estimated), (Units)
Key companies Gyro Compass sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
IXBlue
TOKYO KEIKI INC.
Simrad (Navico)
Gem Elettronica Srl
Yokogawa Denshikiki
Raytheon Ansch?tz
Teledyne
Sperry Marine
Maretron
Kongsberg
Outline of Major Chapters:
Chapter 1: Introduces the definition of Gyro Compass, market overview.
Chapter 2: Global Gyro Compass market size in revenue and volume.
Chapter 3: Detailed analysis of Gyro Compass manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Gyro Compass in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Gyro Compass capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.