The Attitude and Heading Reference System (AHRS) market will witness a promising growth on account of its increased application in turboprops, business aircraft, and piston-powered aircraft. Use of UAVs for military as well as commercial activities have aided the growth of AHRS market size. Moreover, rising demand for precision navigation systems, easier integration with Electronic Flight Instrument System (EFIS), and the system’s compact size have helped drive demand in AHRS market share.
Indeed, AHRS offers numerous benefits such as reduced wiring, lower weight and minimized power consumption. Higher reliability of GPS enabled AHRS as well as improved roll and pitch accuracy could help improve industry size over the forecast period. Moreover, cost-effectiveness of MEMS-based sensors could boost operational efficiency, thereby expanding the overall business share of attitude and heading reference system market by 2025.
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Which product segment could help expand AHRS industry share majorly?
The UAV segment has a considerable volume share in the AHRS marketplace. This dominance can be attributed to its various applications in areas such as civil infrastructure inspection, environmental monitoring, and precision agriculture. Real-time monitoring, provision for security, and surveillance facilities could also enhance the use of UAV across numerous applications, further driving growth opportunities in AHRS market.
GPS AHRS segment will witness significant growth in the future on account of its superior performance compared to conventional AHRS. The segment delivers position estimates in addition to attitude and heading information. It also eliminates drift errors which are caused in conventional AHRS by computing longitudinal acceleration. These offered capabilities could enhance demand for GPS AHRS market over the estimated timeframe.
Gyroscope segment would also account for a considerable share owing to rapid technological innovations such as fiber-optic gyroscope, ring laser gyroscope, and MEMS gyroscope in the industry. Reduced product cost and efficient integration of MEMS gyroscope across systems are predicted to be the key factors that would drive AHRS market size by 2025.
How will North America emerge as a major contender in the global AHRS market by 2025?
North America AHRS market will witness a promising growth because of rising demand for military UAVs. Soaring demand for business aircraft and rising air passenger traffic could strengthen market growth. Major OEMs manufacturers such as Lockheed Martin, Boeing, and Northrop Grumman are focusing on developing advanced AHRS systems.
Moreover, the region’s military and defense sector is spending heavily to support development of advanced combat aircrafts, initiatives that could further strengthen attitude and heading reference system industry share by 2025. Citing an instance, in 2018, the U.S. Army granted a contract worth $454 million for supplying WESCAM MX-10D for advancing its RQ-7B Shadow UAV fleet.
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What aspects will drive Asia Pacific AHRS market size by 2025?
The Asia Pacific AHRS market will show a considerable growth rate owing to increasing demand for helicopters for supporting medical evacuation as well as for business travels. Proliferating demand for UAVs from the region’s defense sector could boost product penetration. Moreover, stringent government regulations to regulate flight systems could aid growth in Asia Pacific AHRS market by 2025.
Table of Contents (ToC) of the report:
Chapter 1. Methodology and Scope
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definition and forecast parameters
1.2. Data Sources
Chapter 2. Executive Summary
2.1. Attitude heading and reference system industry 3600 synopsis, 2013 - 2025
2.1.1. Business trends
2.1.2. Platform trends
2.1.3. Type trends
2.1.4. Component trends
2.1.5. Regional trends
Chapter 3. Attitude & Heading Reference System Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2025
3.3. Industry ecosystem analysis
3.3.1. Component Suppliers
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
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