Global Gyro Compass Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Gyro Compass Industry Forecast” looks at past sales and reviews total world Gyro Compass sales in 2022, providing a comprehensive analysis by region and market sector of projected Gyro Compass sales for 2023 through 2029. With Gyro Compass sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gyro Compass industry.

This Insight Report provides a comprehensive analysis of the global Gyro Compass landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gyro Compass portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gyro Compass market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gyro Compass and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gyro Compass.

The global Gyro Compass market size is projected to grow from US$ 205.2 million in 2022 to US$ 270.9 million in 2029; it is expected to grow at a CAGR of 270.9 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Gyro Compass market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Fiber Optic Gyro Compass
    Mechanical Gyro Compass

Segmentation by application
    Commercial Shipping
    Workboats
    Yachts
    ROVs and AUVs
    Naval Vessels

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    IXBlue
    TOKYO KEIKI INC.
    Simrad (Navico)
    Gem Elettronica Srl
    Yokogawa Denshikiki
    Raytheon Anschütz
    Teledyne
    Sperry Marine
    Maretron
    Kongsberg

Key Questions Addressed in this Report
What is the 10-year outlook for the global Gyro Compass market?
What factors are driving Gyro Compass market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Gyro Compass market opportunities vary by end market size?
How does Gyro Compass break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Gyro Compass Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Gyro Compass Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Fiber Optic Gyro Compass
    Table 4. Major Players of Mechanical Gyro Compass
    Table 5. Global Gyro Compass Sales by Type (2018-2023) & (Units)
    Table 6. Global Gyro Compass Sales Market Share by Type (2018-2023)
    Table 7. Global Gyro Compass Revenue by Type (2018-2023) & ($ million)
    Table 8. Global Gyro Compass Revenue Market Share by Type (2018-2023)
    Table 9. Global Gyro Compass Sale Price by Type (2018-2023) & (USD/Unit)
    Table 10. Global Gyro Compass Sales by Application (2018-2023) & (Units)
    Table 11. Global Gyro Compass Sales Market Share by Application (2018-2023)
    Table 12. Global Gyro Compass Revenue by Application (2018-2023)
    Table 13. Global Gyro Compass Revenue Market Share by Application (2018-2023)
    Table 14. Global Gyro Compass Sale Price by Application (2018-2023) & (USD/Unit)
    Table 15. Global Gyro Compass Sales by Company (2018-2023) & (Units)
    Table 16. Global Gyro Compass Sales Market Share by Company (2018-2023)
    Table 17. Global Gyro Compass Revenue by Company (2018-2023) ($ Millions)
    Table 18. Global Gyro Compass Revenue Market Share by Company (2018-2023)
    Table 19. Global Gyro Compass Sale Price by Company (2018-2023) & (USD/Unit)
    Table 20. Key Manufacturers Gyro Compass Producing Area Distribution and Sales Area
    Table 21. Players Gyro Compass Products Offered
    Table 22. Gyro Compass Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 23. New Products and Potential Entrants
    Table 24. Mergers & Acquisitions, Expansion
    Table 25. Global Gyro Compass Sales by Geographic Region (2018-2023) & (Units)
    Table 26. Global Gyro Compass Sales Market Share Geographic Region (2018-2023)
    Table 27. Global Gyro Compass Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 28. Global Gyro Compass Revenue Market Share by Geographic Region (2018-2023)
    Table 29. Global Gyro Compass Sales by Country/Region (2018-2023) & (Units)
    Table 30. Global Gyro Compass Sales Market Share by Country/Region (2018-2023)
    Table 31. Global Gyro Compass Revenue by Country/Region (2018-2023) & ($ millions)
    Table 32. Global Gyro Compass Revenue Market Share by Country/Region (2018-2023)
    Table 33. Americas Gyro Compass Sales by Country (2018-2023) & (Units)
    Table 34. Americas Gyro Compass Sales Market Share by Country (2018-2023)
    Table 35. Americas Gyro Compass Revenue by Country (2018-2023) & ($ Millions)
    Table 36. Americas Gyro Compass Revenue Market Share by Country (2018-2023)
    Table 37. Americas Gyro Compass Sales by Type (2018-2023) & (Units)
    Table 38. Americas Gyro Compass Sales by Application (2018-2023) & (Units)
    Table 39. APAC Gyro Compass Sales by Region (2018-2023) & (Units)
    Table 40. APAC Gyro Compass Sales Market Share by Region (2018-2023)
    Table 41. APAC Gyro Compass Revenue by Region (2018-2023) & ($ Millions)
    Table 42. APAC Gyro Compass Revenue Market Share by Region (2018-2023)
    Table 43. APAC Gyro Compass Sales by Type (2018-2023) & (Units)
    Table 44. APAC Gyro Compass Sales by Application (2018-2023) & (Units)
    Table 45. Europe Gyro Compass Sales by Country (2018-2023) & (Units)
    Table 46. Europe Gyro Compass Sales Market Share by Country (2018-2023)
    Table 47. Europe Gyro Compass Revenue by Country (2018-2023) & ($ Millions)
    Table 48. Europe Gyro Compass Revenue Market Share by Country (2018-2023)
    Table 49. Europe Gyro Compass Sales by Type (2018-2023) & (Units)
    Table 50. Europe Gyro Compass Sales by Application (2018-2023) & (Units)
    Table 51. Middle East & Africa Gyro Compass Sales by Country (2018-2023) & (Units)
    Table 52. Middle East & Africa Gyro Compass Sales Market Share by Country (2018-2023)
    Table 53. Middle East & Africa Gyro Compass Revenue by Country (2018-2023) & ($ Millions)
    Table 54. Middle East & Africa Gyro Compass Revenue Market Share by Country (2018-2023)
    Table 55. Middle East & Africa Gyro Compass Sales by Type (2018-2023) & (Units)
    Table 56. Middle East & Africa Gyro Compass Sales by Application (2018-2023) & (Units)
    Table 57. Key Market Drivers & Growth Opportunities of Gyro Compass
    Table 58. Key Market Challenges & Risks of Gyro Compass
    Table 59. Key Industry Trends of Gyro Compass
    Table 60. Gyro Compass Raw Material
    Table 61. Key Suppliers of Raw Materials
    Table 62. Gyro Compass Distributors List
    Table 63. Gyro Compass Customer List
    Table 64. Global Gyro Compass Sales Forecast by Region (2024-2029) & (Units)
    Table 65. Global Gyro Compass Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 66. Americas Gyro Compass Sales Forecast by Country (2024-2029) & (Units)
    Table 67. Americas Gyro Compass Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 68. APAC Gyro Compass Sales Forecast by Region (2024-2029) & (Units)
    Table 69. APAC Gyro Compass Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 70. Europe Gyro Compass Sales Forecast by Country (2024-2029) & (Units)
    Table 71. Europe Gyro Compass Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 72. Middle East & Africa Gyro Compass Sales Forecast by Country (2024-2029) & (Units)
    Table 73. Middle East & Africa Gyro Compass Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 74. Global Gyro Compass Sales Forecast by Type (2024-2029) & (Units)
    Table 75. Global Gyro Compass Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 76. Global Gyro Compass Sales Forecast by Application (2024-2029) & (Units)
    Table 77. Global Gyro Compass Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 78. IXBlue Basic Information, Gyro Compass Manufacturing Base, Sales Area and Its Competitors
    Table 79. IXBlue Gyro Compass Product Portfolios and Specifications
    Table 80. IXBlue Gyro Compass Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 81. IXBlue Main Business
    Table 82. IXBlue Latest Developments
    Table 83. TOKYO KEIKI INC. Basic Information, Gyro Compass Manufacturing Base, Sales Area and Its Competitors
    Table 84. TOKYO KEIKI INC. Gyro Compass Product Portfolios and Specifications
    Table 85. TOKYO KEIKI INC. Gyro Compass Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 86. TOKYO KEIKI INC. Main Business
    Table 87. TOKYO KEIKI INC. Latest Developments
    Table 88. Simrad (Navico) Basic Information, Gyro Compass Manufacturing Base, Sales Area and Its Competitors
    Table 89. Simrad (Navico) Gyro Compass Product Portfolios and Specifications
    Table 90. Simrad (Navico) Gyro Compass Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 91. Simrad (Navico) Main Business
    Table 92. Simrad (Navico) Latest Developments
    Table 93. Gem Elettronica Srl Basic Information, Gyro Compass Manufacturing Base, Sales Area and Its Competitors
    Table 94. Gem Elettronica Srl Gyro Compass Product Portfolios and Specifications
    Table 95. Gem Elettronica Srl Gyro Compass Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 96. Gem Elettronica Srl Main Business
    Table 97. Gem Elettronica Srl Latest Developments
    Table 98. Yokogawa Denshikiki Basic Information, Gyro Compass Manufacturing Base, Sales Area and Its Competitors
    Table 99. Yokogawa Denshikiki Gyro Compass Product Portfolios and Specifications
    Table 100. Yokogawa Denshikiki Gyro Compass Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 101. Yokogawa Denshikiki Main Business
    Table 102. Yokogawa Denshikiki Latest Developments
    Table 103. Raytheon Anschütz Basic Information, Gyro Compass Manufacturing Base, Sales Area and Its Competitors
    Table 104. Raytheon Anschütz Gyro Compass Product Portfolios and Specifications
    Table 105. Raytheon Anschütz Gyro Compass Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 106. Raytheon Anschütz Main Business
    Table 107. Raytheon Anschütz Latest Developments
    Table 108. Teledyne Basic Information, Gyro Compass Manufacturing Base, Sales Area and Its Competitors
    Table 109. Teledyne Gyro Compass Product Portfolios and Specifications
    Table 110. Teledyne Gyro Compass Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 111. Teledyne Main Business
    Table 112. Teledyne Latest Developments
    Table 113. Sperry Marine Basic Information, Gyro Compass Manufacturing Base, Sales Area and Its Competitors
    Table 114. Sperry Marine Gyro Compass Product Portfolios and Specifications
    Table 115. Sperry Marine Gyro Compass Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 116. Sperry Marine Main Business
    Table 117. Sperry Marine Latest Developments
    Table 118. Maretron Basic Information, Gyro Compass Manufacturing Base, Sales Area and Its Competitors
    Table 119. Maretron Gyro Compass Product Portfolios and Specifications
    Table 120. Maretron Gyro Compass Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 121. Maretron Main Business
    Table 122. Maretron Latest Developments
    Table 123. Kongsberg Basic Information, Gyro Compass Manufacturing Base, Sales Area and Its Competitors
    Table 124. Kongsberg Gyro Compass Product Portfolios and Specifications
    Table 125. Kongsberg Gyro Compass Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 126. Kongsberg Main Business
    Table 127. Kongsberg Latest Developments
List of Figures
    Figure 1. Picture of Gyro Compass
    Figure 2. Gyro Compass Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Gyro Compass Sales Growth Rate 2018-2029 (Units)
    Figure 7. Global Gyro Compass Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Gyro Compass Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Fiber Optic Gyro Compass
    Figure 10. Product Picture of Mechanical Gyro Compass
    Figure 11. Global Gyro Compass Sales Market Share by Type in 2022
    Figure 12. Global Gyro Compass Revenue Market Share by Type (2018-2023)
    Figure 13. Gyro Compass Consumed in Commercial Shipping
    Figure 14. Global Gyro Compass Market: Commercial Shipping (2018-2023) & (Units)
    Figure 15. Gyro Compass Consumed in Workboats
    Figure 16. Global Gyro Compass Market: Workboats (2018-2023) & (Units)
    Figure 17. Gyro Compass Consumed in Yachts
    Figure 18. Global Gyro Compass Market: Yachts (2018-2023) & (Units)
    Figure 19. Gyro Compass Consumed in ROVs and AUVs
    Figure 20. Global Gyro Compass Market: ROVs and AUVs (2018-2023) & (Units)
    Figure 21. Gyro Compass Consumed in Naval Vessels
    Figure 22. Global Gyro Compass Market: Naval Vessels (2018-2023) & (Units)
    Figure 23. Global Gyro Compass Sales Market Share by Application (2022)
    Figure 24. Global Gyro Compass Revenue Market Share by Application in 2022
    Figure 25. Gyro Compass Sales Market by Company in 2022 (Units)
    Figure 26. Global Gyro Compass Sales Market Share by Company in 2022
    Figure 27. Gyro Compass Revenue Market by Company in 2022 ($ Million)
    Figure 28. Global Gyro Compass Revenue Market Share by Company in 2022
    Figure 29. Global Gyro Compass Sales Market Share by Geographic Region (2018-2023)
    Figure 30. Global Gyro Compass Revenue Market Share by Geographic Region in 2022
    Figure 31. Americas Gyro Compass Sales 2018-2023 (Units)
    Figure 32. Americas Gyro Compass Revenue 2018-2023 ($ Millions)
    Figure 33. APAC Gyro Compass Sales 2018-2023 (Units)
    Figure 34. APAC Gyro Compass Revenue 2018-2023 ($ Millions)
    Figure 35. Europe Gyro Compass Sales 2018-2023 (Units)
    Figure 36. Europe Gyro Compass Revenue 2018-2023 ($ Millions)
    Figure 37. Middle East & Africa Gyro Compass Sales 2018-2023 (Units)
    Figure 38. Middle East & Africa Gyro Compass Revenue 2018-2023 ($ Millions)
    Figure 39. Americas Gyro Compass Sales Market Share by Country in 2022
    Figure 40. Americas Gyro Compass Revenue Market Share by Country in 2022
    Figure 41. Americas Gyro Compass Sales Market Share by Type (2018-2023)
    Figure 42. Americas Gyro Compass Sales Market Share by Application (2018-2023)
    Figure 43. United States Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 44. Canada Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 45. Mexico Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 46. Brazil Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 47. APAC Gyro Compass Sales Market Share by Region in 2022
    Figure 48. APAC Gyro Compass Revenue Market Share by Regions in 2022
    Figure 49. APAC Gyro Compass Sales Market Share by Type (2018-2023)
    Figure 50. APAC Gyro Compass Sales Market Share by Application (2018-2023)
    Figure 51. China Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 52. Japan Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 53. South Korea Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 54. Southeast Asia Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 55. India Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 56. Australia Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 57. China Taiwan Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 58. Europe Gyro Compass Sales Market Share by Country in 2022
    Figure 59. Europe Gyro Compass Revenue Market Share by Country in 2022
    Figure 60. Europe Gyro Compass Sales Market Share by Type (2018-2023)
    Figure 61. Europe Gyro Compass Sales Market Share by Application (2018-2023)
    Figure 62. Germany Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 63. France Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 64. UK Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 65. Italy Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 66. Russia Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 67. Middle East & Africa Gyro Compass Sales Market Share by Country in 2022
    Figure 68. Middle East & Africa Gyro Compass Revenue Market Share by Country in 2022
    Figure 69. Middle East & Africa Gyro Compass Sales Market Share by Type (2018-2023)
    Figure 70. Middle East & Africa Gyro Compass Sales Market Share by Application (2018-2023)
    Figure 71. Egypt Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 72. South Africa Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 73. Israel Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 74. Turkey Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 75. GCC Country Gyro Compass Revenue Growth 2018-2023 ($ Millions)
    Figure 76. Manufacturing Cost Structure Analysis of Gyro Compass in 2022
    Figure 77. Manufacturing Process Analysis of Gyro Compass
    Figure 78. Industry Chain Structure of Gyro Compass
    Figure 79. Channels of Distribution
    Figure 80. Global Gyro Compass Sales Market Forecast by Region (2024-2029)
    Figure 81. Global Gyro Compass Revenue Market Share Forecast by Region (2024-2029)
    Figure 82. Global Gyro Compass Sales Market Share Forecast by Type (2024-2029)
    Figure 83. Global Gyro Compass Revenue Market Share Forecast by Type (2024-2029)
    Figure 84. Global Gyro Compass Sales Market Share Forecast by Application (2024-2029)
    Figure 85. Global Gyro Compass Revenue Market Share Forecast by Application (2024-2029)

IXBlue
TOKYO KEIKI INC.
Simrad (Navico)
Gem Elettronica Srl
Yokogawa Denshikiki
Raytheon Anschütz
Teledyne
Sperry Marine
Maretron
Kongsberg

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape