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Attitude and Heading Reference Systems Market by Type (AHRS, ADAHRS, GPS AHRS), Component (Inertial Sensors, Magnetic Sensors & Processor), End-use (Civil Aviation, Military Aviation, Unmanned Vehicles & Marine) and Region - Global Forecast to 2022

Attitude and Heading Reference Systems Market: Global Forecast until 2022

  • March 2017
  • 153 pages
  • ID: 4813670
In this report:
In 2016, the Inertial sensing unit segment is anticipated to account for the largest share of ##.##% of the market in the U.K. The segment is expected to grow from USD ##.## million in 2016 to USD ##.## million by 2022, at a CAGR of ##.##%.
The segment is expected to account for the largest share of ##.##% of the AHRS market in the U.K. This segment is expected to grow from USD ##.## million in 2016 to USD ##.## million by 2022, at a CAGR of ##.##% from 2016 to 2022.

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"The industry demand for AHRS in aircraft, ships, and unmanned vehicles is one of the main factors projected to drive the increase of the attitude and heading reference systems market"

The attitude and heading reference systems market is forecasted to grow from $537.50M in 2016 to $723.80M by 2022, at a compound annual growth rate of ~5.1 percent from 2016 to 2022. The rise of this market can be accredited to Elements such as increase in aircraft deliveries and growing demand of AHRS use in Unmanned Aerial Vehicles. Nevertheless, replacement of AHRS with Inertial Reference Systems may restrain the increase of this market.

"The civil aviation segment is estimated to result the attitude and heading reference systems market in 2016"

Established on end-use, the civil aviation segment is estimated to result the attitude and heading reference systems market in 2016. According to GAMA Statistical Databook 2016, the total fleet size of general aviation aircraft was 2,626. The civil aviation segment is anticipated to be the most important segment of the market in the next years, due to the high penetration and growing adoption of AHRS in general aviation.

"The GPS-aided attitude and heading reference systems segment is estimated to witness more considerable increase during the outlook period"

Established on category, the GPS-aided attitude and heading reference systems segment is intended to witness more significant rise from period 2016 to 2022. GPS-aided AHRS are highly accurate and can provide the exact geographical position.

"North America continent is intended to be the largest industry and APAC is forecasted to be the quickest developing market for attitude and heading reference systems during the estimate period"

North America (NA) is forecasted to be the biggest market for attitude and heading reference systems in 2016. Some of the main aircraft and UAV manufacturers, including Boeing, Bombardier, Lockheed Martin, Bell Helicopter, and Sikorsky Aircraft, among others are based in this area. The Asia-Pacific attitude and heading reference systems market is forecasted to witness more important increase during the outlook period. Asia-Pac is the world's biggest aviation market driven by the rising air passenger traffic in the territory.

Distribution of profile of primary members taking part in the attitude and heading reference systems market:

- By Company Type - Tier 1 - 30.0 percent, Tier 2 - 35.0 percent, and 1/3 3 - 35.0 percent

- By Designation - C Level - 32.0 percent, Director Level - 38.0 percent, and Others - 30.0 percent

- By area - North america (NA) - 27.0 percent, Europe - 18.0 percent, Asia-Pacific - 46.0 percent, and rest of the world - 9.0 percent

Main firms decribed in the study contain Honeywell (NYSE:HON), Safran S.A., Rockwell Collins (NYSE:COL), Northrop Grumman, Moog, Incorporated, Meggitt Plc, VectorNav Technologies, Limited liability company, Sparton Navigation and Exploration, Limited liability company, Lord MicroStrain, iXBLUE, Incorporated, and MEMSIC, Incorporated.

Segment Research

This market report classifies the attitude and heading reference systems market established on category (conventional attitude and heading reference systems, air data attitude and heading reference systems, GPS-aided attitude and heading reference systems), component (inertial sensing unit, magnetic sensing unit, digital processing unit), and end-use (commercial aviation, military aviation, marine, unmanned vehicle). These segments and sub-segments are further mapped across main regions, that is, North America continent, Europe (EU), Asia Pacific (APAC), and Rest of the globe.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized different levels of analyses -industry review, market share research of top players, supply chain research, and company descriptions, which together comprise and examine basic views on the competitive landscape, coming out and high-growth segments of the attitude and heading reference systems market, high-growth areas, and sector drivers, market restraints, opportunities, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on attitude and heading reference systems provided by key players in the sector

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the attitude and heading reference systems market

- Industry development: Highlighted information about lucrative sectors - the market research examines the attitude and heading reference systems market across different regions

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the attitude and heading reference systems market

- Opposing assessment: Detailed assessment of market shares, increase strategies, products, and manufacturing competences of key players in the attitude and heading reference systems market

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