| Product Code: ETC12403278 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
India`s import shipments of gyroscopes in 2024 saw significant contributions from top exporting countries such as Germany, Metropolitan France, Spain, UK, and the USA. Despite the moderate concentration indicated by the Herfindahl-Hirschman Index (HHI), the compound annual growth rate (CAGR) for the period 2020-2024 stood at a healthy 10.95%. The growth rate from 2023 to 2024 remained robust at 8.0%, reflecting a positive trend in the demand for gyroscopes in the Indian market. The consistent growth and diverse sources of imports highlight the importance of gyroscopes in various sectors within the country.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Gyroscopes Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Gyroscopes Market Revenues & Volume, 2021 & 2031F |
3.3 India Gyroscopes Market - Industry Life Cycle |
3.4 India Gyroscopes Market - Porter's Five Forces |
3.5 India Gyroscopes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Gyroscopes Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Gyroscopes Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 India Gyroscopes Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 India Gyroscopes Market Revenues & Volume Share, By Certification, 2021 & 2031F |
4 India Gyroscopes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for gyroscopes in consumer electronics industry for applications such as smartphones, gaming consoles, and wearable devices. |
4.2.2 Growth in defense and aerospace sectors in India, leading to higher adoption of gyroscopes for navigation, guidance, and stabilization purposes. |
4.2.3 Technological advancements and innovations in gyroscopes, leading to improved performance, accuracy, and miniaturization. |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up gyroscopes manufacturing facilities and research development activities. |
4.3.2 Intense competition in the market leading to pricing pressures and margin constraints. |
4.3.3 Regulatory challenges and compliance requirements impacting the production and distribution of gyroscopes. |
5 India Gyroscopes Market Trends |
6 India Gyroscopes Market, By Types |
6.1 India Gyroscopes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Gyroscopes Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 India Gyroscopes Market Revenues & Volume, By Fiber Optic Gyroscopes (FOG), 2021 - 2031F |
6.1.4 India Gyroscopes Market Revenues & Volume, By Ring Laser Gyroscopes (RLG), 2021 - 2031F |
6.1.5 India Gyroscopes Market Revenues & Volume, By MEMS Gyroscopes, 2021 - 2031F |
6.2 India Gyroscopes Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Gyroscopes Market Revenues & Volume, By Aviation, 2021 - 2031F |
6.2.3 India Gyroscopes Market Revenues & Volume, By Marine Navigation, 2021 - 2031F |
6.2.4 India Gyroscopes Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3 India Gyroscopes Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 India Gyroscopes Market Revenues & Volume, By MEMS-Based, 2021 - 2031F |
6.3.3 India Gyroscopes Market Revenues & Volume, By Ring Laser, 2021 - 2031F |
6.3.4 India Gyroscopes Market Revenues & Volume, By Solid-State, 2021 - 2031F |
6.4 India Gyroscopes Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 India Gyroscopes Market Revenues & Volume, By Military, 2021 - 2031F |
6.4.3 India Gyroscopes Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.4.4 India Gyroscopes Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.5 India Gyroscopes Market, By Certification |
6.5.1 Overview and Analysis |
6.5.2 India Gyroscopes Market Revenues & Volume, By ISO 9001, 2021 - 2031F |
6.5.3 India Gyroscopes Market Revenues & Volume, By MIL-STD-810, 2021 - 2031F |
6.5.4 India Gyroscopes Market Revenues & Volume, By RoHS Certified, 2021 - 2031F |
7 India Gyroscopes Market Import-Export Trade Statistics |
7.1 India Gyroscopes Market Export to Major Countries |
7.2 India Gyroscopes Market Imports from Major Countries |
8 India Gyroscopes Market Key Performance Indicators |
8.1 Research and development expenditure as a percentage of total revenue, indicating the level of innovation and technological advancement in gyroscopes. |
8.2 Number of patents filed or granted for gyroscopes technology, reflecting the level of intellectual property and competitive advantage. |
8.3 Percentage of revenue generated from new product launches, highlighting the market acceptance and demand for innovative gyroscopes solutions. |
9 India Gyroscopes Market - Opportunity Assessment |
9.1 India Gyroscopes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Gyroscopes Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Gyroscopes Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 India Gyroscopes Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 India Gyroscopes Market Opportunity Assessment, By Certification, 2021 & 2031F |
10 India Gyroscopes Market - Competitive Landscape |
10.1 India Gyroscopes Market Revenue Share, By Companies, 2024 |
10.2 India Gyroscopes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
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