The Global Gyroscope Market is expected to reach over USD 4,924.99 million by the year 2031, growing at a CAGR of 6.7%. Gyroscopes are employed in various applications including navigation systems, robotics, aerospace engineering, and consumer electronics to measure and maintain orientation, stability, and angular motion. The emergence of gyroscopes with embedded machine learning for automotive applications is another key driver for the growth of the market. Additionally, the emergence of electric vehicles (EVs) is projected to create potential opportunities for the growth of gyroscope market.
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