4.5% growth for Attitude and Heading Reference System Market Size by 2025, global revenue to reach $455mn
Oct 1, 2019
The growing focus on precision guidance, navigation and control in the aviation industry has led to the growth of the global attitude and heading reference system market in recent years.
Selbyville, United States - October 1, 2019 /MarketersMedia/ —
The size of Attitude and Heading Reference System Market was anticipated as $330 million in the year 2018 and is predicted to touch $455 million till 2025, rising with a CAGR of 4.5% between the years 2019 to 2025 as per the research done by Global Market Insights, Inc.
Increasing usage of Attitude and Heading Reference System (AHRS) in turboprops, business jets, and piston-powered aircraft owing to its self-correcting capabilities along with lower weight is supporting the market share over the forecast timeframe. Rising requirements for precision navigation facilities along with improving reliability and sensitivity of systems to operate in diversified climatic and altitude conditions are further supporting industry growth. The compact size and easier integration with the Electronic Flight Instrument System (EFIS) of the cockpit further enhance the market share over the projected timeframe.
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The growing focus on precision guidance, navigation and control in the aviation industry has led to the growth of the global attitude and heading reference system market in recent years. A sensor-based device used to determine the orientation of a vehicle or the object it is integrated to, AHRS usage is critical mainly for aircraft that fly during darkness or under conditions of reduced visibility. The product is light weight, small sized and is equipped with self-correcting capability which has led to its prolonged application in business jets, turboprops, and piston-powered aircraft as well as in unmanned aerial vehicles (UAVs), human body motion tracking and more.
The GPS attitude and heading reference system market will witness considerable growth rate owing to enhanced positioning and navigational capabilities. The superior performance of GPS AHRS over the conventional systems supports the increased system adoption over the study timeframe. Drift errors are frequently observed in conventional AHRS; however, the longitudinal acceleration of GPS enables it to eliminate this error.
Gyroscope accounts for a significant share in the attitude and heading reference system market over the study timeframe. The dominance is attributed to the mandatory fitment of the system in aircraft for providing accuracy in angular rate measurement. Technological advancements including ring laser and optic gyroscope with improved efficiency along with higher operational accuracy further expand the segment share over the projected timeframe.
Browse key industry insights spread across 300 pages with 523 market data tables & 10 figures & charts from the report, Attitude and Heading Reference System Market in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/attitude-heading-reference-system-ahrs-market
Of late, military organizations are employing UAVs for mobile missions, especially in spying, monitoring and inspection scenarios. These autonomous vehicles demand precise stability and navigation for determining attitude angles in diverse environments. Although these angles can be measured using a conventional INS (inertial navigation system) system, modern AHRS MEMS technologies are offering low-cost, lightweight solutions to UAV developers, which are more appropriate in reducing embedded systems space and weight.
North America is anticipated to emerge as a pivotal revenue pocket for the global attitude and heading reference system market, primarily on account of the rising demand for military UAVs. Increasing demand for business aircraft and surging air passenger traffic will further enhance the regional industry growth over 2019-2025.
The Asia Pacific AHRS market will show significant growth rate over the forecast timeframe. Increasing demand for helicopters in the region for supporting emergency medical evacuation and rising business travels will support market growth.
The industry players in the attitude and heading reference system market are: Collins Aerospace, Meggitt PLC, Northrop Grumman Corporation, Safran S.A., MEMSIC, Inc., Universal Avionics, Sparton Navigation and Exploration, and LORD MicroStrain.
Some Point from Table of Contents:
Chapter 5. Attitude and Heading Reference System Market, By Type
5.1. Global attitude and heading reference system market share by type, 2018 & 2025
5.2. Conventional AHRS
5.2.1. Market estimates and forecast, 2013 – 2025
5.2.2. Market estimates and forecast, by region, 2013–2025
5.3. ADAHRS
5.3.1. Market estimates and forecast, 2013 – 2025
5.3.2. Market estimates and forecast, by region, 2013–2025
5.4. GPS AHRS
5.4.1. Market estimates and forecast, 2013 – 2025
5.4.2. Market estimates and forecast, by region, 2013–2025
Browse complete Table of Contents (ToC) of this research report @
https://www.gminsights.com/toc/detail/attitude-heading-reference-system-ahrs-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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