According to a recent market study published by Growth Market Reports, titled, “Global Attitude and Heading Reference System (AHRS) Market by Type by component, by End user, by Platform, by Region: Size, Share, Trends and Opportunity Analysis, 2018-2028”, the market was valued at US$ 593.6 Million in 2020 and is expected to grow at a moderate growth rate of 5.1% by the year 2028. Rising air traffic and increasing defense expenditures is expected to fuel the market during the forecast period.

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As per Growth Market Reports industry analyst Sakshi Bhoyar, “The Global Attitude and Heading Reference System (AHRS) Market is anticipated to witness significant growth during forecast period 2021-2028. Primary flight display is usually formed by AHRS and Electronic Flight Instrument Systems (EFIS), which are a key part of glass cockpits. Air data, attitude, and heading reference system (ADAHRS) is created by combining AHRS with air data to offer additional information such as airspeed, altitude, and outside air temperature.

Attitude and heading reference systems (AHRS) are multi-axis sensors that employ inertial navigation to calculate an aircraft's position and velocity, including heading, altitude, and yaw. The system sends data about flight dynamics to the flight deck, flight controls, the weather radar antenna platform, and other aircraft systems.

The sensors take the place of mechanical gyroscopic flying instruments, offering high precision and reliability. Solid-state or MEMS gyro meters, accelerometers, and magnetometers are used on all three axes. AHRS is essentially a self-contained system that combines a variety of sensors into a single box. It uses less energy and has few wires. It has a small footprint and is low in weight. AHRS delivers accurate and reliable heading and attitude information.

An Attitude and Heading Reference System (AHRS) refers to an inertial sensor installation that offers information relevant to critical attitude reference & heading reference for aircraft. This information is relayed to any of the systems of the entire aircraft that processes it, including flight deck displays, weather radar antenna, flight controls, and others. For typical applications such as undersea ROV piloting, platform stabilization, land vehicle navigation, and others, attitude and heading reference systems are widely used in highly dynamic ground and marine habitats. In comparison to traditional gyroscopic technologies, high-scale accuracy and reliability offered by attitude and heading reference systems sparked a surge in demand. Attitude and heading reference systems are widely used, due to their high durability and unequaled accuracy and precision.

The primary as well as secondary research methodology is used for keen observation and study about the attitude and heading reference system (AHRS) market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects.

Primary interviews conducted with the stakeholders across industry verticals on regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, current and future trends done from the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess the experience of around 10-20 years in the industry. On the other-hand the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights and other KPIs.

Company websites, their SEC filings, annual reports, broker & financial reports and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases analyzed for macro & micro analysis. Research publications and paid data referred to obtain and validate the market estimations, budget, expenditure and other statistical insights.

The COVID-19 pandemic has highlighted economic disparities in the global demand in the crises of global interdependence and governance challenges. Epidemics are isolated concerns for businesses and prospects for emerging patterns and vulnerabilities.  According to the current pandemic situation, strict measures are required for monitoring the situation, which in turn, affect businesses causing unanticipated short and long-term effects. Consequently, epidemics and pandemics are problems for individual market and an enhancement of existing dynamics and limitations.

In the long-term, COVID-19 can serve as another opportunity for manufacturers to reconsider their commitment to the supply chain in regions prone to outbreaks and to reconfigure themselves regionally. In current scenario, COVID-19 is hampering the production process of several manufacturing industries and businesses. Moreover, trade barriers are further reducing the demand-supply of various products and services. However, reduction in outdoor activities and social distancing has created lucrative opportunities for the market.

Key Takeaways from the Study

  • In terms of type, the conventional AHRS segment accounted for substantial share of the market in 2020 and is expected to expand at a substantial CAGR during the forecast period.
  • Based on component, the gyroscope segment accounted for substantial share of the market in 2020 and is expected to expand at a substantial CAGR during the forecast period.
  • In terms of end user, the civil aviation segment accounted for substantial share of the market in 2020 and is expected to expand at a substantial CAGR during the forecast period
  • On the basis of platform, the fixed wing segment held significant share of the market in 2020.

Report Scope

Report Metric

Details

Market Value in 2020

US$ 593.6 Million

Market Growth Rate (from 2021 to 2028)

5.1%

Historical Data

2018, & 2019

Base Year

2020

Forecast Period

2021 - 2028

Units Considered

Value (US$ Million)

Market Segments

By Type, By Component, By End User, By Platform, By Region

Key Companies Profiled

Honeywell International Inc., Moog Inc.,Meggitt PLC., Archangel Systems, Inc, Advanced Navigation, Gladiator Technologies, DAC International Inc., Sparton, VECTORNAV, Sandel Avionics, Inc., iXblue, Northrop Grumman, Raytheon Technologies Corporation, Microstrain, and SAFRAN.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Manufacturers, raw material suppliers, and distributors
  • Demand Side: Fitness and medical industries.
  • Regulatory Side: Concerned government authorities, and other regulatory bodies.