Global AHRS Market Size to exceed $455 million by 2025
Published Date: February 14, 2019
(AHRS) Attitude and Heading Reference Systems Market size is estimated to surpass USD 455 million by 2025; according to a new research report by Global Market Insights, Inc.
Increasing business aircraft demand owing to regular inter and intra-city travel for corporate activities will propel the AHRS market share over the projected timeframe. Rising usage of UAVs for commercial and military activities including reconnaissance, surveillance, and target attacks will further stimulate business growth.
The benefits including lower weight, reduced wiring, and minimized power consumption will provide positive prospects for attitude and heading reference systems (AHRS) market expansion. Higher reliability offered by GPS enabled AHRS along with improving roll and pitch accuracy are supporting the industry demand over the forecast timeframe. Moreover, cost reduction achieved with the usage of MEMS-based sensors will result in improving the operational efficiency, thereby expanding the business share until 2025.
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Government authorities are engaged in amending regulations on the equipment for aircraft operational and occupant safety requirements, thereby supporting the market demand over the study timeframe. For instance, the FAA provides multiple guidelines and policies under the advisory circular no. 20-181, for airworthiness of AHRS. The circular comprises of performance standards for non-gimbaled attitude, heading, slip and turn systems. The circular also favors replacing of traditional mechanical gyros and gauges with more sophisticated electronics such as AHRS for navigation in aircrafts.
Browse key industry insights spread across 300 pages with 523 market data tables & 10 figures & charts from the report, “Attitude and Heading Reference System (AHRS) Market Size By Platform (Fixed Wing, Rotary Wing, UAV), By Type (Conventional AHRS, ADAHRS, GPS AHRS, ), By Component (Accelerometers, Gyroscopes, Magnetometer, Digital Processing Unit), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
UAV holds significant volume share in the AHRS market place. This dominance is attributed to its numerous applications including civil infrastructure inspection, precision agriculture, and environmental monitoring. Real-time monitoring along with provision for security and surveillance facilities will further enhance the market penetration over the forecast timeframe. Newer opportunities offered in construction activities in terms of lower cost and reduced risks will additionally support the attitude and heading reference systems market growth by 2025.
GPS AHRS will witness considerable growth owing to its superior performance as compared to conventional AHRS. The segment provides position estimates in addition to attitude and heading information. It also computes longitudinal acceleration to help eliminate drift errors which are inherent in conventional AHRS. These capabilities offered will enhance the (AHRS) attitude and heading reference systems market penetration over the study timeframe.
Gyroscope segment will account for a significant share owing to its innovations and technological advancements, thereby boosting the attitude and heading reference systems (AHRS) market share over the forecast timeframe. Technological advancements in products including ring laser gyroscope, fiber-optic gyroscope, and MEMS gyroscope will further stimulate the volume growth till 2025. Reduced overall product cost along with the integration of MEMS gyroscope across the system will accelerate the market size over the study timeframe.
North America AHRS market will grow significantly owing to proliferating demand for military UAVs. Increasing demand for business aircraft and increasing air passenger traffic will further enhance the industry growth over the projected timeframe. The presence of major aircraft OEMs such as Boeing, Lockheed Martin, and Northrop Grumman focusing on introducing advanced systems will further support the regional growth.
Key players in the attitude and heading reference systems market include Rockwell Collins, Inc., Honeywell International, Inc., Meggitt PLC, Safran S.A., Northrop Grumman Corporation, Lord Microstrain, Sparton Corporation, Vectornav Technologies LLC, Moog, Inc LLC, Teledyne TSS and Universal Avionics. Industrial participants are involved in new and innovative product launches for increasing their market share. For instance, in September 2016, Sparton Corporation launched the AHRS-M2 attitude & heading reference system, that offers improved efficiency and accuracy over the traditional systems.
Additionally, industry players are also engaged in joint ventures and partnerships for improving their market share. For instance, in October 2014, Northrop Grumman entered into a strategic contract with Airbus Helicopters for supplying the advanced LCR-350 AHRS for multiple helicopter platforms. This strategy enabled the company to significantly improve its market share in the AHRS market place.
(AHRS) Attitude and heading reference systems market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in units and revenue in USD thousand from 2013 to 2025, for the following segments:
AHRS Market, By Platform
- Fixed Wing
- Business Jets
- Piston Engine
- Fighter Jets
- Rotary Wing
- Civil Helicopter
- Military Helicopter
- Commercial UAV
- Military UAV
AHRS Market, By Type
- Conventional AHRS
- GPS AHRS
AHRS Market, By Component
- Digital Processing Unit
The above information is provided on a regional and country basis for the following:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
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