Global Attitude and Heading Reference Systems (AHRS) Market Size By Type (Air Data AHRS, Conventional AHRS, GPS-Aided AHRS), By Platform (Rotary Wing, Fixed Wing, UAV), By Geographic Scope And Forecast

Attitude and Heading Reference Systems (AHRS) Market Size And Forecast

Attitude and Heading Reference Systems (AHRS) Market size is growing at a good pace over the last few years and is expected to grow at a CAGR of 5.1% over the forecasted period i.e. 2024 to 2031.

The necessity for accurate attitude and heading measurement systems in the expanding aviation industry, improvements in sensor technology, the use of unmanned aerial vehicles (UAVs), and the requirement for increased aircraft safety and navigation accuracy. The Global Attitude and Heading Reference Systems (AHRS) Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Attitude and Heading Reference Systems (AHRS) Market Definition

The Attitude and Heading Reference Systems (AHRS) Market denotes the world market for systems that help pilots, rocket scientists, and other users of vehicles identify the orientation, position, and movement of their craft. AHRS systems use a range of sensors, such as accelerometers, magnetometers, and gyroscopes, to monitor the aircraft’s pitch, roll, and yaw. For safe and reliable navigation, the aforementioned technologies provide precise and reliable information about the plane’s position and heading. Unmanned aerial vehicle (UAV) utilization is growing, and the demand for navigation systems in the defense industry is growing as well. The market for AHRS is driven by all of these elements.

Global Attitude and Heading Reference Systems (AHRS) Market Overview

The COVID-19 epidemic caused significant disruptions in the Attitude and Heading Reference Systems (AHRS) industry, including a decline in demand for new aircraft and delays or cancellations of airline orders. There have been some opportunities for market growth during the pandemic, however, as a result of the burgeoning use of unmanned aerial vehicles (UAVs) for a range of purposes and the rising need for sophisticated avionics systems in the security and defense sectors.

In order to increase the safety and effectiveness of aircraft operations, the aviation industry is seeing an increasing requirement for sophisticated electronic systems. This demand is the primary factor driving the growth of the Attitude and Heading Reference Systems (AHRS) Market. Due to the rising usage of unmanned aerial vehicles (UAVs) for a variety of tasks, including military surveillance, mapping, and agriculture, the market for AHRS is expanding. The industry is also anticipated to expand as a result of increased funding for the creation of cutting-edge navigation systems for military and defense applications.

Additionally, there are opportunities for the AHRS business due to the demand for accurate and dependable navigation systems in the automotive and maritime industries. The market for Attitude and Heading Reference Systems (AHRS) faces a variety of obstacles that it must get beyond in order to expand. One of the primary barriers to the adoption of AHRS systems by small aircraft manufacturers and operators is their high cost. The complexity of AHRS systems and the need for experienced people to administer and maintain these systems may also serve to restrain market expansion. The availability of inexpensive alternatives, including GPS-based navigation systems, may potentially have an impact on the demand for AHRS systems.

The tight rules and criteria for electronics system certification could further delay the adoption of AHRS systems by aircraft manufacturers and operators, thereby limiting market expansion. The aviation, security, and unmanned aerial vehicle (UAV) industries all have a growing need for advanced navigational systems, therefore the Attitude and Heading Reference Systems (AHRS) industry appears to have a promising future. The expanding application of UAVs in a number of fields, such as aerial photography, surveying, and commercial shipping, will probably present the worldwide Attitude and Heading Reference Systems (AHRS) Market with sizable prospective opportunities.

Additionally, it is projected that the industry will grow as a result of the increase in demand for sophisticated navigation systems in marine vessels and self-driving cars. Additionally, the creation of accurate and dependable AHRS systems as well as the rising expenditures on research and development to increase the precision and dependability of these systems may create new market opportunities.

Global Attitude and Heading Reference Systems (AHRS) MarketSegmentation Analysis

The Global Attitude and Heading Reference Systems (AHRS) Market is Segmented on the basis of Type, Platform, And Geography.

Attitude and Heading Reference Systems (AHRS) Market, By Type

• Air Data AHRS
• Conventional AHRS
• GPS-Aided AHRS

Based on Type, the market is segmented into Air Data AHRS, Conventional AHRS, and GPS-Aided AHRS.

Attitude and Heading Reference Systems (AHRS) Market, By Platform

• Rotary Wing
• Fixed Wing
• UAV

Based on Platform, the market is segmented into Rotary Wing, Fixed Wing, and UAV.

Attitude and Heading Reference Systems (AHRS) Market, By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East Africa

On the basis of Regional Analysis, the Global Attitude and Heading Reference Systems (AHRS) Market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East Africa. North America holds the largest share in the Attitude and Heading Reference Systems (AHRS) Market. This is because a number of significant firms are present in the area and since the aerospace and defense sectors are constantly in need of cutting-edge navigation as well as direction systems.

Key Players

The “Global Attitude and Heading Reference Systems (AHRS) Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Vectornav Technologies LLC, MEMSCAP SA, Moog Inc., Northrop Grumman Corporation, LORD Microstrain, Sparton Navigation and Exploration, Meggitt PLC, Safran Electronics & Defense, Collins Aerospace, and Honeywell International Inc.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• In March 2021, The HGuide n580 inertial navigation system (INS) and AHRS for unmanned aerial vehicles (UAVs), drones, and various other unmanned applications have been made available, says Honeywell International Inc.
• In January 2021, an Advanced AHRS technology-equipped Sigma 7 navigation system for corporate and military aircraft was launched by Safran Electronics & Defense.

Report Scope

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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