The global Gyro Compass market size is predicted to grow from US$ 235 million in 2025 to US$ 307 million in 2031; it is expected to grow at a CAGR of 4.6% from 2025 to 2031.
A gyro compass is a type of non-magnetic compass which is based on a fast-spinning disc and the rotation of the Earth to find geographical direction automatically. Unlike magnetic compasses, which point towards the magnetic North Pole, a gyro compass points towards the true North Pole, or geographical North, providing a significantly more accurate navigation tool for maritime applications. Although an important part of the gyro compass is the gyroscope, they are not the same equipment.
Global key players of Gyro Compass include Raytheon Ansch眉tz, YDK Technologies, TOKYO KEIKI INC., etc. The top three players hold a share over 42%. Europe is the largest market, and has a share about 35%, followed by Asia-Pacific and North America with share 31% and 26%, separately. In terms of product type, Fiber Optic Gyro Compass is the largest segment, occupied for a share of 69%. In terms of application, Commercial Shipping has a share about 43 percent.
The 鈥淕yro Compass Industry Forecast鈥� looks at past sales and reviews total world Gyro Compass sales in 2024, providing a comprehensive analysis by region and market sector of projected Gyro Compass sales for 2025 through 2031. 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鈥� 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.
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.
Segmentation by Type:
Fiber Optic Gyro Compass
Mechanical Gyro Compass
Segmentation by Application:
Commercial Shipping
Naval Vessels
Workboats
Others
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 analysing the company's coverage, product portfolio, its market penetration.
Raytheon Ansch眉tz
YDK Technologies
TOKYO KEIKI INC.
IXBlue
Simrad
Sperry Marine
Teledyne
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 by Type, by Application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Gyro Compass Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Gyro Compass by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Gyro Compass by Country/Region, 2020, 2024 & 2031
2.2 Gyro Compass Segment by Type
2.2.1 Fiber Optic Gyro Compass
2.2.2 Mechanical Gyro Compass
2.3 Gyro Compass Sales by Type
2.3.1 Global Gyro Compass Sales Market Share by Type (2020-2025)
2.3.2 Global Gyro Compass Revenue and Market Share by Type (2020-2025)
2.3.3 Global Gyro Compass Sale Price by Type (2020-2025)
2.4 Gyro Compass Segment by Application
2.4.1 Commercial Shipping
2.4.2 Naval Vessels
2.4.3 Workboats
2.4.4 Others
2.5 Gyro Compass Sales by Application
2.5.1 Global Gyro Compass Sale Market Share by Application (2020-2025)
2.5.2 Global Gyro Compass Revenue and Market Share by Application (2020-2025)
2.5.3 Global Gyro Compass Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Gyro Compass Breakdown Data by Company
3.1.1 Global Gyro Compass Annual Sales by Company (2020-2025)
3.1.2 Global Gyro Compass Sales Market Share by Company (2020-2025)
3.2 Global Gyro Compass Annual Revenue by Company (2020-2025)
3.2.1 Global Gyro Compass Revenue by Company (2020-2025)
3.2.2 Global Gyro Compass Revenue Market Share by Company (2020-2025)
3.3 Global Gyro Compass Sale Price by Company
3.4 Key Manufacturers Gyro Compass Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Gyro Compass Product Location Distribution
3.4.2 Players Gyro Compass Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Gyro Compass by Geographic Region
4.1 World Historic Gyro Compass Market Size by Geographic Region (2020-2025)
4.1.1 Global Gyro Compass Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Gyro Compass Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Gyro Compass Market Size by Country/Region (2020-2025)
4.2.1 Global Gyro Compass Annual Sales by Country/Region (2020-2025)
4.2.2 Global Gyro Compass Annual Revenue by Country/Region (2020-2025)
4.3 Americas Gyro Compass Sales Growth
4.4 APAC Gyro Compass Sales Growth
4.5 Europe Gyro Compass Sales Growth
4.6 Middle East & Africa Gyro Compass Sales Growth
5 Americas
5.1 Americas Gyro Compass Sales by Country
5.1.1 Americas Gyro Compass Sales by Country (2020-2025)
5.1.2 Americas Gyro Compass Revenue by Country (2020-2025)
5.2 Americas Gyro Compass Sales by Type (2020-2025)
5.3 Americas Gyro Compass Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Gyro Compass Sales by Region
6.1.1 APAC Gyro Compass Sales by Region (2020-2025)
6.1.2 APAC Gyro Compass Revenue by Region (2020-2025)
6.2 APAC Gyro Compass Sales by Type (2020-2025)
6.3 APAC Gyro Compass Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Gyro Compass by Country
7.1.1 Europe Gyro Compass Sales by Country (2020-2025)
7.1.2 Europe Gyro Compass Revenue by Country (2020-2025)
7.2 Europe Gyro Compass Sales by Type (2020-2025)
7.3 Europe Gyro Compass Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Gyro Compass by Country
8.1.1 Middle East & Africa Gyro Compass Sales by Country (2020-2025)
8.1.2 Middle East & Africa Gyro Compass Revenue by Country (2020-2025)
8.2 Middle East & Africa Gyro Compass Sales by Type (2020-2025)
8.3 Middle East & Africa Gyro Compass Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Gyro Compass
10.3 Manufacturing Process Analysis of Gyro Compass
10.4 Industry Chain Structure of Gyro Compass
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Gyro Compass Distributors
11.3 Gyro Compass Customer
12 World Forecast Review for Gyro Compass by Geographic Region
12.1 Global Gyro Compass Market Size Forecast by Region
12.1.1 Global Gyro Compass Forecast by Region (2026-2031)
12.1.2 Global Gyro Compass Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Gyro Compass Forecast by Type (2026-2031)
12.7 Global Gyro Compass Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Raytheon Ansch眉tz
13.1.1 Raytheon Ansch眉tz Company Information
13.1.2 Raytheon Ansch眉tz Gyro Compass Product Portfolios and Specifications
13.1.3 Raytheon Ansch眉tz Gyro Compass Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Raytheon Ansch眉tz Main Business Overview
13.1.5 Raytheon Ansch眉tz Latest Developments
13.2 YDK Technologies
13.2.1 YDK Technologies Company Information
13.2.2 YDK Technologies Gyro Compass Product Portfolios and Specifications
13.2.3 YDK Technologies Gyro Compass Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 YDK Technologies Main Business Overview
13.2.5 YDK Technologies Latest Developments
13.3 TOKYO KEIKI INC.
13.3.1 TOKYO KEIKI INC. Company Information
13.3.2 TOKYO KEIKI INC. Gyro Compass Product Portfolios and Specifications
13.3.3 TOKYO KEIKI INC. Gyro Compass Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 TOKYO KEIKI INC. Main Business Overview
13.3.5 TOKYO KEIKI INC. Latest Developments
13.4 IXBlue
13.4.1 IXBlue Company Information
13.4.2 IXBlue Gyro Compass Product Portfolios and Specifications
13.4.3 IXBlue Gyro Compass Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 IXBlue Main Business Overview
13.4.5 IXBlue Latest Developments
13.5 Simrad
13.5.1 Simrad Company Information
13.5.2 Simrad Gyro Compass Product Portfolios and Specifications
13.5.3 Simrad Gyro Compass Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Simrad Main Business Overview
13.5.5 Simrad Latest Developments
13.6 Sperry Marine
13.6.1 Sperry Marine Company Information
13.6.2 Sperry Marine Gyro Compass Product Portfolios and Specifications
13.6.3 Sperry Marine Gyro Compass Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Sperry Marine Main Business Overview
13.6.5 Sperry Marine Latest Developments
13.7 Teledyne
13.7.1 Teledyne Company Information
13.7.2 Teledyne Gyro Compass Product Portfolios and Specifications
13.7.3 Teledyne Gyro Compass Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Teledyne Main Business Overview
13.7.5 Teledyne Latest Developments
14 Research Findings and Conclusion