Global Fiber Optic Gyroscope Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Coil Type;

Flanged, Hubbed, and Freestanding.

By Sensing Axis;

1-Axis, 2-Axis, and 3-Axis.

By Application;

Aerospace and Defense, Tactical Grade Applications, Remotely Operated Vehicle Guidance, Robotics, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn362093171 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Fiber Optic Gyroscope Market (USD Million), 2021 - 2031

In the year 2024, the Global Fiber Optic Gyroscope Market was valued at USD 1,370.85 million. The size of this market is expected to increase to USD 1,967.84 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.

The global fiber optic gyroscope (FOG) market is witnessing significant growth, driven by the increasing demand for high-precision navigation systems across various industries. Fiber optic gyroscopes are widely used in applications that require accurate and reliable motion sensing, such as aerospace, defense, and automotive industries. These gyroscopes offer superior performance in terms of stability, reliability, and resistance to environmental conditions when compared to traditional mechanical gyroscopes. As a result, they are becoming the preferred choice for systems requiring high-accuracy orientation and navigation, including missile guidance, satellite systems, and autonomous vehicles. The growing need for advanced navigation technologies in applications like aircraft and marine navigation is also contributing to the market’s expansion.

The aerospace and defense sectors are the leading drivers of the fiber optic gyroscope market, as these industries rely heavily on highly accurate and durable gyroscopes for navigation and control systems. In aerospace applications, FOGs are used in flight control, attitude heading reference systems (AHRS), and inertial measurement units (IMUs). These systems are critical for the safe operation of aircraft and spacecraft, where accurate positioning and motion tracking are essential. Similarly, in the defense industry, fiber optic gyroscopes are integral to the guidance systems of military weapons, including drones, missiles, and submarines. The market's growth in these sectors is further bolstered by increased defense spending and the continuous development of advanced aerospace technologies.

In addition to aerospace and defense, the automotive industry is emerging as a significant application area for fiber optic gyroscopes, particularly with the rise of autonomous vehicles. As self-driving cars require highly accurate sensors for navigation, control, and safety features, the demand for FOGs in this sector is increasing. Fiber optic gyroscopes help these vehicles with real-time motion sensing, providing data necessary for GPS positioning, vehicle stability control, and collision avoidance systems. The automotive sector's increasing focus on automation and electrification, alongside growing consumer demand for autonomous vehicles, is expected to drive the adoption of FOGs in this market. Furthermore, advancements in sensor miniaturization and cost reductions are making FOGs more accessible for a wider range of applications, further fueling market growth across various industries globally.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Coil Type
    2. Market Snapshot, By Sensing Axis
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Fiber Optic Gyroscope Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in Aerospace and Defense Applications

        2. Advancements in Automotive Technologies

        3. Expansion of Industrial Automation

      2. Restraints
        1. Complexity of Technology and Integration

        2. Competition from Alternative Technologies

        3. Limited Awareness and Adoption in Emerging Markets

      3. Opportunities
        1. Expansion in Emerging Markets

        2. Growth of Autonomous Vehicles and Drones

        3. Advancements in Consumer Electronics

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Fiber Optic Gyroscope Market, By Coil Type, 2021 - 2031 (USD Million)
      1. Flanged
      2. Hubbed
      3. Freestanding
    2. Global Fiber Optic Gyroscope Market, By Sensing Axis, 2021 - 2031 (USD Million)
      1. 1-Axis
      2. 2-Axis
      3. 3-Axis
    3. Global Fiber Optic Gyroscope Market, By Application, 2021 - 2031 (USD Million)
      1. Aerospace and Defense
      2. Tactical Grade Applications
      3. Remotely Operated Vehicle Guidance
      4. Robotics
    4. Global Fiber Optic Gyroscope Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. EMCORE Corporation
      2. Honeywell International Inc
      3. KVH Industries Inc
      4. Safran Colibrys SA
      5. iXBlue SAS
  7. Analyst Views
  8. Future Outlook of the Market