Inertial systems for subsea are used for accurate exploration and navigation below sea levels; they also help handle magnetic disturbances and give 3D views for objects ahead of the vehicle.
This set of equipment includes Accelerometers, Inertial Measurement Units, Gyroscopes, Multi-axis sensors and navigation systems. Not only are Remotely Operated Vehicle (ROV) orientation and Autonomous Underwater Vehicle (AUV) control important applications of the inertial systems but they also facilitate integration with other systems making this technology a key driver for the market.
The end users for a technology such as this are the heavily equipped shipping industries and their respective countries. Since marine oil and gas exploration is taken over by global private companies as well, this technology is also heavily used in the subsea industry. The defense industry is an important contender amongst the users of the application.
There has been a significant rise in the number of unmanned vehicles in the sub-sea domain, amongst both, civilian and defense applications. This has directly induced the need for navigational systems control across vehicles and has led to the development of technologies that facilitate the same. The rapid growth in technology over the last few years has also led to this usage becoming more affordable and convenient. Thus, the applications of the inertial systems have taken important roles in day to day activities for the subsea vehicles.
While all key automobile manufacturers are looking at the world over to introduce this software, the US and the European markets are clearly ahead in terms of proper usage. The fastest growing market for inertial systems, however, is the Asia Pacific. The growth is largely due to the backing provided by countries such as India and China in this space.
North America and Europe rank high in terms of being the first movers into this space. Developing countries such as China and India are not too far behind in catching up.
Some of the key players in this field are companies such as Advanced Navigation, Honeywell Inc, IxBlue, SBG systems, Aker Solutions, Northrop Grumman, Bourbon and FMC Technologies.
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