| Product Code: ETC7543298 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s fiber optic gyroscope import shipments in 2024 saw a shift in concentration levels from high to moderate, with a CAGR of 8.97% from 2020 to 2024. Despite this positive growth trend, there was a sharp decline in the growth rate from 2023 to 2024 at -24.74%. The top countries exporting to India in 2024 include the USA, Norway, Metropolitan France, Singapore, and Germany. This data suggests a diversification of sources for fiber optic gyroscopes, indicating a potentially more competitive market landscape in the coming years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Fiber Optic Gyroscope Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Fiber Optic Gyroscope Market Revenues & Volume, 2021 & 2031F |
3.3 India Fiber Optic Gyroscope Market - Industry Life Cycle |
3.4 India Fiber Optic Gyroscope Market - Porter's Five Forces |
3.5 India Fiber Optic Gyroscope Market Revenues & Volume Share, By Sensing Axis, 2021 & 2031F |
3.6 India Fiber Optic Gyroscope Market Revenues & Volume Share, By Device, 2021 & 2031F |
3.7 India Fiber Optic Gyroscope Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Fiber Optic Gyroscope Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-precision navigation systems in defense and aerospace sectors |
4.2.2 Growing adoption of fiber optic gyroscopes in unmanned aerial vehicles (UAVs) and autonomous vehicles |
4.2.3 Technological advancements leading to improved accuracy and reliability of fiber optic gyroscopes |
4.3 Market Restraints |
4.3.1 High initial investment required for deploying fiber optic gyroscopes |
4.3.2 Lack of skilled professionals to operate and maintain fiber optic gyroscopes |
4.3.3 Competition from alternative navigation technologies such as MEMS-based gyroscopes |
5 India Fiber Optic Gyroscope Market Trends |
6 India Fiber Optic Gyroscope Market, By Types |
6.1 India Fiber Optic Gyroscope Market, By Sensing Axis |
6.1.1 Overview and Analysis |
6.1.2 India Fiber Optic Gyroscope Market Revenues & Volume, By Sensing Axis, 2021- 2031F |
6.1.3 India Fiber Optic Gyroscope Market Revenues & Volume, By 1-Axis, 2021- 2031F |
6.1.4 India Fiber Optic Gyroscope Market Revenues & Volume, By 2-Axis, 2021- 2031F |
6.1.5 India Fiber Optic Gyroscope Market Revenues & Volume, By 3-Axis, 2021- 2031F |
6.2 India Fiber Optic Gyroscope Market, By Device |
6.2.1 Overview and Analysis |
6.2.2 India Fiber Optic Gyroscope Market Revenues & Volume, By Gyrocompass, 2021- 2031F |
6.2.3 India Fiber Optic Gyroscope Market Revenues & Volume, By Inertial Measurement Unit, 2021- 2031F |
6.2.4 India Fiber Optic Gyroscope Market Revenues & Volume, By Inertial Navigation System, 2021- 2031F |
6.2.5 India Fiber Optic Gyroscope Market Revenues & Volume, By Attitude Heading Reference System, 2021- 2031F |
6.3 India Fiber Optic Gyroscope Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Fiber Optic Gyroscope Market Revenues & Volume, By Tactical Grade Applications, 2021- 2031F |
6.3.3 India Fiber Optic Gyroscope Market Revenues & Volume, By Remotely Operated Vehicle Guidance,, 2021- 2031F |
6.3.4 India Fiber Optic Gyroscope Market Revenues & Volume, By Aeronautics and Aviation, 2021- 2031F |
6.3.5 India Fiber Optic Gyroscope Market Revenues & Volume, By Robotics, 2021- 2031F |
6.3.6 India Fiber Optic Gyroscope Market Revenues & Volume, By Defense and Homeland Security and Industrial, 2021- 2031F |
7 India Fiber Optic Gyroscope Market Import-Export Trade Statistics |
7.1 India Fiber Optic Gyroscope Market Export to Major Countries |
7.2 India Fiber Optic Gyroscope Market Imports from Major Countries |
8 India Fiber Optic Gyroscope Market Key Performance Indicators |
8.1 Rate of adoption of fiber optic gyroscopes in defense and aerospace applications |
8.2 Number of partnerships and collaborations between fiber optic gyroscope manufacturers and UAV/autonomous vehicle companies |
8.3 RD investment in enhancing the performance capabilities of fiber optic gyroscopes |
9 India Fiber Optic Gyroscope Market - Opportunity Assessment |
9.1 India Fiber Optic Gyroscope Market Opportunity Assessment, By Sensing Axis, 2021 & 2031F |
9.2 India Fiber Optic Gyroscope Market Opportunity Assessment, By Device, 2021 & 2031F |
9.3 India Fiber Optic Gyroscope Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Fiber Optic Gyroscope Market - Competitive Landscape |
10.1 India Fiber Optic Gyroscope Market Revenue Share, By Companies, 2024 |
10.2 India Fiber Optic Gyroscope Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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