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Research and Markets: Global Inertial Navigation System (INS) Market 2014-2018 - Market Leaders are Honeywell International, Northrop Grumman, SAGEM & ThalesDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/jjwwgt/global_inertial) has announced the addition of the "Global Inertial Navigation System (INS) Market 2014-2018" report to their offering. The Global Managed Services market to grow at a CAGR of 10.69% over the period 2013-2018 Inertial navigation systems (INS) are highly complex navigation aids that are integrated to other vessel management systems used on aircrafts, rockets, marine vessels, and other aerial vehicles. An INS consists of computers, accelerometers, gyroscopes, and uses the process of dead reckoning to determine the attitude (position, orientation, and velocity) of the moving object. Major end-customers of these systems hail from both the Defense and Commercial sectors with airlines and space research organizations being some of them. One major trend in this market is the large research and development investments by market players on the emerging Micro Electro Mechanical Systems technology-based INS. MEMS processes have rendred it possible to manufacture lighter and cheaper INS. Companies are taking advantage of this process and rolling out a high volume of components for end-users. According to the report, one of the major drivers in this market is the strong demand for aircraft worldwide. INS can operate even under extreme conditions and still come out with accurate motion, position, and orientation data, which is fed into other connected systems, their usage is almost indispensable. Commercial as well as military aircraft operations are on the rise, driving their installation. Further, the report states that one of the major challenges limiting the growth of this market is the complexity of integrating these systems with others. Avionic systems are complex, where the output from one system becomes the input for the next one. The dimensions of these systems along with unstable magnetic environments and challenging operating environments pose a problem in their integration. The INS can be categorized into the following six types based on technology: The majority of the systems are used for defense applications
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