According to Fortune Business Insights™, the global gyroscope market size was valued at USD 5.32 billion in 2024 and is projected to grow from USD 5.75 billion in 2025 to USD 11.28 billion by 2032, exhibiting a robust CAGR of 10.1% during the forecast period. North America dominated the gyroscope market with a 38.72% share in 2024, driven by strong adoption across aerospace, defense, navigation, and high-end industrial applications.

A gyroscope is a precision sensing device used to measure or maintain orientation and angular velocity, operating on the principle of angular momentum. These devices are fundamental to motion detection, positioning, and stabilization systems. In aerospace and defense sectors, gyroscopes are integral to Inertial Navigation Systems (INS) and Inertial Measurement Units (IMUs), where they are often paired with accelerometers to deliver precise navigation data for aircraft, missiles, UAVs, naval vessels, and spacecraft.

Advancements in micro-electromechanical systems (MEMS) technology have enabled the production of smaller, lighter, and more energy-efficient gyroscopes, making them ideal for integration into smartphones, wearable devices, robotics, autonomous vehicles, and drones. Fiber-optic gyroscopes (FOGs) and ring laser gyroscopes (RLGs) are preferred in military and aerospace applications due to their high accuracy and durability in extreme conditions, while MEMS gyroscopes are gaining traction in automotive safety systems such as electronic stability control (ESC) and advanced driver-assistance systems (ADAS).

The rising demand for unmanned aerial systems (UAS), the expansion of autonomous vehicle programs, and the growing need for accurate navigation in GPS-denied environments are further accelerating market growth. In addition, continuous defense modernization programs in the U.S., Europe, and Asia-Pacific are driving the procurement of advanced navigation systems, reinforcing the importance of gyroscopes in modern warfare and space exploration.

Information Source:

https://www.fortunebusinessinsights.com/gyroscope-market-112982

Segmentation Analysis

By Technology

Ring Laser Gyro Dominates Owing to High Accuracy, Reliability, and Compact Design

The gyroscope market is segmented into mechanical gyro, ring laser gyro, fiber optic gyro, MEMS, and others. The ring laser gyro segment leads the market due to its exceptional precision in rotational measurements, absence of mechanical wear, and lightweight structure. These features make it highly suitable for mobile platforms such as aircraft and missiles. Additionally, increasing integration with GPS in hybrid navigation systems for advanced aerospace applications is driving its adoption.

By Platform

Airborne Segment Leads Due to Heavy-Lift Helicopter and UAV Adoption

Based on platform, the market is categorized into airborne, ground, maritime, and space. The airborne segment holds the largest share as gyroscopes play a critical role in maintaining orientation, stability, and navigation in aircraft, drones, and UAVs, particularly in GPS-denied environments. Rising global air traffic, expansion of commercial aviation, and the increasing deployment of defense UAVs are key factors contributing to this dominance.

By End User

Aerospace & Defense Segment Driven by Advanced Navigation Investments

By end user, the market is classified into aerospace & defense, consumer electronics, marine/naval, automotive, and others. The aerospace & defense segment accounts for the largest market share, supported by significant investments in navigation systems for military aircraft, missiles, and spacecraft. The growing use of UAVs for surveillance, reconnaissance, and combat operations further enhances demand in this segment.

Market Dynamics

Drivers