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According to Fortune Business Insights™, the global ring laser gyroscope market size was valued at USD 4.92 billion in 2024 and is projected to grow from USD 5.29 billion in 2025 to USD 10.01 billion by 2032, exhibiting a CAGR of 9.5% during the forecast period. North America dominated the market with a 38.82% share in 2024, driven by robust aerospace and defense investments, technological innovation, and a high concentration of industry-leading players.

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Published by Rishika Chavan, 2025-07-10 02:15:52

Ring Laser Gyroscope Market

According to Fortune Business Insights™, the global ring laser gyroscope market size was valued at USD 4.92 billion in 2024 and is projected to grow from USD 5.29 billion in 2025 to USD 10.01 billion by 2032, exhibiting a CAGR of 9.5% during the forecast period. North America dominated the market with a 38.82% share in 2024, driven by robust aerospace and defense investments, technological innovation, and a high concentration of industry-leading players.

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