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Attitude and Heading Reference System (AHRS) Market [2030]

Global Attitude and Heading Reference System (AHRS) Market

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Segments - By Type (Conventional AHRS, Air Data AHRS, and GPS-Aided AHRS), By Component (Gyroscopes, Magnetometer, Accelerometers, and Digital Processing Unit), By End User (Civil Aviation, Military Aviation, Unmanned Vehicles, and Marine), By Platform (Fixed Wing, Rotary Wing, UAV), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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4.5 Rating
233 Pages

22-04-2022
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Author :

Aamir Ansari

Fact-checked by :

Indranil Bose

Editor :

Shreyas Tandon

Report Description

Attitude and Heading Reference System (AHRS) Market Market Outlook:

The Global Attitude and Heading Reference System (AHRS) market was valued at USD 593.6 million in 2020 and is projected to reach USD 857.3 million by 2028, expanding at a CAGR of 5.1% during the forecast period. AHRS is a dependable system that is widely used in commercial and business aircraft. 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.

Scope of Attitude and Heading Reference System (AHRS) Market Report

Attributes	Details
Report Title	Attitude and Heading Reference System (AHRS) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	By Type (Conventional AHRS, Air Data AHRS, and GPS-Aided AHRS), By Component (Gyroscopes, Magnetometer, Accelerometers, and Digital Processing Unit), By End User (Civil Aviation, Military Aviation, Unmanned Vehicles, and Marine), By Platform (Fixed Wing, Rotary Wing, UAV), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered	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

Macroeconomic Factors

Production and Supply

Supply and demand for attitude and heading reference systems are rising during the forecast period, as the usage of this system is growing rapidly in unmanned vehicles and aircraft. Key players are raising the production capacity to cater to the rising demand for AHRS and assist in the growth of GDP of several nations.

GDP

Economic development in emerging economies led to high demand for attitude and heading reference systems. Rising demand for this system in the aviation sector is boosting the market. Increasing production capacity by key players and technological advancements in attitude and heading reference systems are expected to boost the demand for AHRS during the forecast period.

Attitude and Heading Reference System (AHRS) Market Market Dynamics

Driver- Rising air traffic across the globe

The major driving factor for the growth of the market is global air traffic is rising rapidly and to manage all this traffics and minimize the risk of plane crashes attitude and heading reference systems act as an effective tool in aviation. Because of that usage of the attitude and heading reference systems is growing spontaneously in civil and commercial aviation which is anticipated to trigger the growth of the AHRS market during the forecast period.

Driver- Increasing Defense Expenditures

Another major driving factor for the growth of the market is global military spending has grown in recent years. Several developed nations are investing rapidly on military expenditure. According to the Stockholm International Peace Research Institute global military expenditure rose by 2.6% from 2017 to 2019. Governments are also focusing on the adoption of new innovative technologies and making innovation fulfilled planes and fighter jets which is expected to fuel the demand for AHRS during the forecast period.

Restraint- Large amount of errors in AHRS data due to the friction and drift

Significant errors occur in the attitude and heading reference system, due to friction and drift, which is expected to hamper the growth of the market during the forecast period. The first implementation of AHRS was based only on gyroscopes. Gyros are prone to bias, which produces large amount of errors after long periods of integration. Several types of errors occur in AHRS, due to friction, which limits data collection from attitude and heading reference systems.

Opportunity- Integration of AHRS with GPS

GPS-aided AHRS is a convenient and helpful attitude and heading reference system in aircraft. AHRS sensors, which use GPS, help to stabilize the gyro drift and provide an accurate estimate of the inertial acceleration vector. The accuracy of GPS-aided AHRS systems is high and the systems detect the change in velocity and position, without using accelerometers and magnetometers, which is expected to create lucrative growth opportunities for market players during the forecast period.

Attitude and Heading Reference System (AHRS) Market Segmental Outlook

On basis of type, the market is segmented into Conventional AHRS, Air Data AHRS, and GPS-Aided AHRS. The Conventional AHRS hold the highest market share in 2020. On the global level, this segment is The conventional AHRS segment is anticipated to grow at a rapid pace during the forecast period, due to rising demand for conventional AHRS in aircraft systems, as conventional AHRS uses mechanical gyroscopic instruments.

Based on component, the market is categorized into Gyroscopes, Magnetometer, Accelerometers, and Digital Processing Unit. The Gyroscopes segment holds the highest market value in 2020 owing to rising demand, as with the measurement of the system’s angular rate gyroscopes providers attitude and heading references.

In terms of end user, the market is divided into Civil Aviation, Military Aviation, Unmanned Vehicles, and Marine. Civil Aviation accounts for the major market share in 2020 and are also expected to be the dominant market segment throughout the forecast period. The civil aviation segment is anticipated to expand at a high CAGR during the forecast period, due to rising demand for attitude and heading reference system in civil aviation.

On basis of platform, the market is segmented into Fixed Wing, Rotary Wing, and UAV. The fixed wings are used mostly in Attitude and Heading Reference System (AHRS)s, thus, holds the highest market share. The fixed wing segment is expected to grow at a rapid pace during the forecast period. AHRS is used to measure angular rate, acceleration, and earth’s magnetic field in fixed-wing aircraft.

Attitude and Heading Reference System (AHRS) Market Regional Outlook

Based on regions the global Attitude and Heading Reference System (AHRS) market is segmented into five regions namely North America, Europe, Asia Pacific, Latin America and Middle East and Africa. The market in North America is projected to expand at a significant CAGR during the forecast period. Aircraft manufacturers in this region are using AHRS rapidly in aircraft, which is anticipated to fuel the market during the forecast period.

Key Benefits for Industry Participants & Stakeholders

In-depth Analysis of the Global Attitude and Heading Reference System (AHRS) Market
Historical, Current and Projected Market Size in terms of Value
Potential & Niche Segments Exhibiting Promising Growth Covered
Industry Drivers, Restraints and Opportunities Covered in the Study
Recent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on Global Attitude and Heading Reference System (AHRS) Market Performance

Segments

Key Segments Covered

By Type

Conventional AHRS
Air Data AHRS
GPS-Aided AHRS

By Component

Gyroscopes
Magnetometer
Accelerometers
Digital Processing Unit

By End User

Civil Aviation
Military Aviation
Unmanned Vehicles
Marine

By Platform

Fixed Wing
Rotary Wing
UAV

By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Key Market Players Profiled in the Report

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
SAFRAN

Competitive Landscape

Players in the market include 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, SAFRAN. These companies are considered as key manufacturers of global Attitude and Heading Reference System (AHRS) based on their revenue, product offerings and supply chain management system.
The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where there is potential opportunity for the global Attitude and Heading Reference System (AHRS) market.

Table Of Content

Table of Contents
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Attitude and Heading Reference System (AHRS) Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Attitude and Heading Reference System (AHRS) Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Attitude and Heading Reference System (AHRS) Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Attitude and Heading Reference System (AHRS) Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Attitude and Heading Reference System (AHRS) Market Size & Forecast, 2018-2028
      4.5.1 Attitude and Heading Reference System (AHRS) Market Size and Y-o-Y Growth
      4.5.2 Attitude and Heading Reference System (AHRS) Market Absolute $ Opportunity
Chapter 5 Global Attitude and Heading Reference System (AHRS) Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Attitude and Heading Reference System (AHRS) Market Size Forecast By Type
      5.2.1 Conventional AHRS
      5.2.2 Air Data AHRS
      5.2.3 GPS-Aided AHRS
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Attitude and Heading Reference System (AHRS) Market Analysis and Forecast By Component
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Component
      6.1.2 Basis Point Share (BPS) Analysis By Component
      6.1.3 Absolute $ Opportunity Assessment By Component
   6.2 Attitude and Heading Reference System (AHRS) Market Size Forecast By Component
      6.2.1 Gyroscopes
      6.2.2 Magnetometer
      6.2.3 Accelerometers
      6.2.4 Digital Processing Unit
   6.3 Market Attractiveness Analysis By Component
Chapter 7 Global Attitude and Heading Reference System (AHRS) Market Analysis and Forecast By End User
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By End User
      7.1.2 Basis Point Share (BPS) Analysis By End User
      7.1.3 Absolute $ Opportunity Assessment By End User
   7.2 Attitude and Heading Reference System (AHRS) Market Size Forecast By End User
      7.2.1 Civil Aviation
      7.2.2 Military Aviation
      7.2.3 Unmanned Vehicles
      7.2.4 Marine
   7.3 Market Attractiveness Analysis By End User
Chapter 8 Global Attitude and Heading Reference System (AHRS) Market Analysis and Forecast By Platform
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities By Platform
      8.1.2 Basis Point Share (BPS) Analysis By Platform
      8.1.3 Absolute $ Opportunity Assessment By Platform
   8.2 Attitude and Heading Reference System (AHRS) Market Size Forecast By Platform
      8.2.1 Fixed Wing
      8.2.2 Rotary Wing
      8.2.3 UAV
   8.3 Market Attractiveness Analysis By Platform
Chapter 9 Global Attitude and Heading Reference System (AHRS) Market Analysis and Forecast by Region
   9.1 Introduction
      9.1.1 Key Market Trends & Growth Opportunities by Region
      9.1.2 Basis Point Share (BPS) Analysis by Region
      9.1.3 Absolute $ Opportunity Assessment by Region
   9.2 Attitude and Heading Reference System (AHRS) Market Size Forecast by Region
      9.2.1 North America
      9.2.2 Europe
      9.2.3 Asia Pacific
      9.2.4 Latin America
      9.2.5 Middle East & Africa (MEA)
   9.3 Market Attractiveness Analysis by Region
Chapter 10 Coronavirus Disease (COVID-19) Impact
   10.1 Introduction
   10.2 Current & Future Impact Analysis
   10.3 Economic Impact Analysis
   10.4 Government Policies
   10.5 Investment Scenario
Chapter 11 North America Attitude and Heading Reference System (AHRS) Analysis and Forecast
   11.1 Introduction
   11.2 North America Attitude and Heading Reference System (AHRS) Market Size Forecast by Country
      11.2.1 U.S.
      11.2.2 Canada
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 North America Attitude and Heading Reference System (AHRS) Market Size Forecast By Type
      11.6.1 Conventional AHRS
      11.6.2 Air Data AHRS
      11.6.3 GPS-Aided AHRS
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 North America Attitude and Heading Reference System (AHRS) Market Size Forecast By Component
      11.10.1 Gyroscopes
      11.10.2 Magnetometer
      11.10.3 Accelerometers
      11.10.4 Digital Processing Unit
   11.11 Basis Point Share (BPS) Analysis By Component
   11.12 Absolute $ Opportunity Assessment By Component
   11.13 Market Attractiveness Analysis By Component
   11.14 North America Attitude and Heading Reference System (AHRS) Market Size Forecast By End User
      11.14.1 Civil Aviation
      11.14.2 Military Aviation
      11.14.3 Unmanned Vehicles
      11.14.4 Marine
   11.15 Basis Point Share (BPS) Analysis By End User
   11.16 Absolute $ Opportunity Assessment By End User
   11.17 Market Attractiveness Analysis By End User
   11.18 North America Attitude and Heading Reference System (AHRS) Market Size Forecast By Platform
      11.18.1 Fixed Wing
    11.18.2 Rotary Wing
      11.18.3 UAV
   11.19 Basis Point Share (BPS) Analysis By Platform
   11.20 Absolute $ Opportunity Assessment By Platform
   11.21 Market Attractiveness Analysis By Platform
Chapter 12 Europe Attitude and Heading Reference System (AHRS) Analysis and Forecast
   12.1 Introduction
   12.2 Europe Attitude and Heading Reference System (AHRS) Market Size Forecast by Country
      12.2.1 Germany
      12.2.2 France
      12.2.3 Italy
      12.2.4 U.K.
      12.2.5 Spain
      12.2.6 Russia
      12.2.7 Rest of Europe
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Europe Attitude and Heading Reference System (AHRS) Market Size Forecast By Type
      12.6.1 Conventional AHRS
      12.6.2 Air Data AHRS
      12.6.3 GPS-Aided AHRS
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Europe Attitude and Heading Reference System (AHRS) Market Size Forecast By Component
      12.10.1 Gyroscopes
      12.10.2 Magnetometer
      12.10.3 Accelerometers
      12.10.4 Digital Processing Unit
   12.11 Basis Point Share (BPS) Analysis By Component
   12.12 Absolute $ Opportunity Assessment By Component
   12.13 Market Attractiveness Analysis By Component
   12.14 Europe Attitude and Heading Reference System (AHRS) Market Size Forecast By End User
     12.14.1 Civil Aviation
      12.14.2 Military Aviation
      12.14.3 Unmanned Vehicles
      12.14.4 Marine
   12.15 Basis Point Share (BPS) Analysis By End User
   12.16 Absolute $ Opportunity Assessment By End User
   12.17 Market Attractiveness Analysis By End User
   12.18 Europe Attitude and Heading Reference System (AHRS) Market Size Forecast By Platform
      12.18.1 Fixed Wing
      12.18.2 Rotary Wing
      12.18.3 UAV
   12.19 Basis Point Share (BPS) Analysis By Platform
   12.20 Absolute $ Opportunity Assessment By Platform
   12.21 Market Attractiveness Analysis By Platform
Chapter 13 Asia Pacific Attitude and Heading Reference System (AHRS) Analysis and Forecast
   13.1 Introduction
   13.2 Asia Pacific Attitude and Heading Reference System (AHRS) Market Size Forecast by Country
      13.2.1 China
      13.2.2 Japan
      13.2.3 South Korea
      13.2.4 India
      13.2.5 Australia
      13.2.6 South East Asia (SEA)
      13.2.7 Rest of Asia Pacific (APAC)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Asia Pacific Attitude and Heading Reference System (AHRS) Market Size Forecast By Type
      13.6.1 Conventional AHRS
      13.6.2 Air Data AHRS
      13.6.3 GPS-Aided AHRS
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Asia Pacific Attitude and Heading Reference System (AHRS) Market Size Forecast By Component
      13.10.1 Gyroscopes
      13.10.2 Magnetometer
      13.10.3 Accelerometers
      13.10.4 Digital Processing Unit
   13.11 Basis Point Share (BPS) Analysis By Component
   13.12 Absolute $ Opportunity Assessment By Component
   13.13 Market Attractiveness Analysis By Component
   13.14 Asia Pacific Attitude and Heading Reference System (AHRS) Market Size Forecast By End User
      13.14.1 Civil Aviation
    13.14.2 Military Aviation
      13.14.3 Unmanned Vehicles
      13.14.4 Marine
   13.15 Basis Point Share (BPS) Analysis By End User
   13.16 Absolute $ Opportunity Assessment By End User
   13.17 Market Attractiveness Analysis By End User
   13.18 Asia Pacific Attitude and Heading Reference System (AHRS) Market Size Forecast By Platform
      13.18.1 Fixed Wing
      13.18.2 Rotary Wing
      13.18.3 UAV
   13.19 Basis Point Share (BPS) Analysis By Platform
   13.20 Absolute $ Opportunity Assessment By Platform
   13.21 Market Attractiveness Analysis By Platform
Chapter 14 Latin America Attitude and Heading Reference System (AHRS) Analysis and Forecast
   14.1 Introduction
   14.2 Latin America Attitude and Heading Reference System (AHRS) Market Size Forecast by Country
      14.2.1 Brazil
      14.2.2 Mexico
      14.2.3 Rest of Latin America (LATAM)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Latin America Attitude and Heading Reference System (AHRS) Market Size Forecast By Type
      14.6.1 Conventional AHRS
      14.6.2 Air Data AHRS
      14.6.3 GPS-Aided AHRS
   14.7 Basis Point Share (BPS) Analysis By Type
   14.8 Absolute $ Opportunity Assessment By Type
   14.9 Market Attractiveness Analysis By Type
   14.10 Latin America Attitude and Heading Reference System (AHRS) Market Size Forecast By Component
      14.10.1 Gyroscopes
      14.10.2 Magnetometer
      14.10.3 Accelerometers
      14.10.4 Digital Processing Unit
   14.11 Basis Point Share (BPS) Analysis By Component
   14.12 Absolute $ Opportunity Assessment By Component
   14.13 Market Attractiveness Analysis By Component
   14.14 Latin America Attitude and Heading Reference System (AHRS) Market Size Forecast By End User
      14.14.1 Civil Aviation
      14.14.2 Military Aviation
      14.14.3 Unmanned Vehicles
      14.14.4 Marine
   14.15 Basis Point Share (BPS) Analysis By End User
   14.16 Absolute $ Opportunity Assessment By End User
   14.17 Market Attractiveness Analysis By End User
   14.18 Latin America Attitude and Heading Reference System (AHRS) Market Size Forecast By Platform
      14.18.1 Fixed Wing
      14.18.2 Rotary Wing
      14.18.3 UAV
   14.19 Basis Point Share (BPS) Analysis By Platform
   14.20 Absolute $ Opportunity Assessment By Platform
   14.21 Market Attractiveness Analysis By Platform
Chapter 15 Middle East & Africa (MEA) Attitude and Heading Reference System (AHRS) Analysis and Forecast
   15.1 Introduction
   15.2 Middle East & Africa (MEA) Attitude and Heading Reference System (AHRS) Market Size Forecast by Country
      15.2.1 Saudi Arabia
      15.2.2 South Africa
      15.2.3 UAE
      15.2.4 Rest of Middle East & Africa (MEA)
   15.3 Basis Point Share (BPS) Analysis by Country
   15.4 Absolute $ Opportunity Assessment by Country
   15.5 Market Attractiveness Analysis by Country
   15.6 Middle East & Africa (MEA) Attitude and Heading Reference System (AHRS) Market Size Forecast By Type
      15.6.1 Conventional AHRS
      15.6.2 Air Data AHRS
      15.6.3 GPS-Aided AHRS
   15.7 Basis Point Share (BPS) Analysis By Type
   15.8 Absolute $ Opportunity Assessment By Type
   15.9 Market Attractiveness Analysis By Type
   15.10 Middle East & Africa (MEA) Attitude and Heading Reference System (AHRS) Market Size Forecast By Component
      15.10.1 Gyroscopes
      15.10.2 Magnetometer
      15.10.3 Accelerometers
      15.10.4 Digital Processing Unit
   15.11 Basis Point Share (BPS) Analysis By Component
   15.12 Absolute $ Opportunity Assessment By Component
   15.13 Market Attractiveness Analysis By Component
   15.14 Middle East & Africa (MEA) Attitude and Heading Reference System (AHRS) Market Size Forecast By End User
      15.14.1 Civil Aviation
      15.14.2 Military Aviation
      15.14.3 Unmanned Vehicles
      15.14.4 Marine
   15.15 Basis Point Share (BPS) Analysis By End User
   15.16 Absolute $ Opportunity Assessment By End User
   15.17 Market Attractiveness Analysis By End User
   15.18 Middle East & Africa (MEA) Attitude and Heading Reference System (AHRS) Market Size Forecast By Platform
      15.18.1 Fixed Wing
      15.18.2 Rotary Wing
      15.18.3 UAV
   15.19 Basis Point Share (BPS) Analysis By Platform
   15.20 Absolute $ Opportunity Assessment By Platform
   15.21 Market Attractiveness Analysis By Platform
Chapter 16 Competition Landscape
   16.1 Attitude and Heading Reference System (AHRS) Market: Competitive Dashboard
   16.2 Global Attitude and Heading Reference System (AHRS) Market: Market Share Analysis, 2020
   16.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      16.3.1 Honeywell International Inc.
      16.3.2 Moog Inc.
      16.3.3 Meggitt PLC.
      16.3.4 Archangel Systems, Inc
      16.3.5 Advanced Navigation
      16.3.6 Gladiator Technologies
      16.3.7 DAC International Inc.
      16.3.8 Sparton
      16.3.9 VECTORNAV
      16.3.10 Sandel Avionics, Inc
      16.3.11 iXblue
      16.3.12 Northrop Grumman
      16.3.13 Raytheon Technologies Corporation
      16.3.14 Parker Hannifin Corp
      16.3.15 SAFRAN

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FAQ Section

Some frequently asked questions about this report!

1. Which is the base year calculated in the global Attitude and Heading Reference System (AHRS) market report and what is analysis period?

The base year considered for the global Attitude and Heading Reference System (AHRS) market report is 2020. The complete analysis period is 2018 to 2028, wherein, 2018 and 2019 are the historic years, and the forecast is provided from 2021 to 2028.

2. What additional data analysis is available in report?

In addition to market size (in US$ Million), Company Market Share (in % for base year 2020), and quality parameter overview is provided.

3. What is the impact of COVID-19 on the overall market during year 2019 -2020?

The market is expected to decrease in growth between 2019 and 2020 owing to the COVID 19 pandemic on the global Attitude and Heading Reference System (AHRS) market.

4. Who are the major players operating in the market?

Major manufacturers include Honeywell International Inc., Moog Inc., Meggitt PLC., Northrop Grumman, Raytheon Technologies Corporation, Microstrain, and SAFRAN.

5. Which macroeconomic factors affect the market?

Factors such as GDP, R&D activities, product demand, Aircraft industry are analyzed in the final report.

6. What are the major end-user industry of global Attitude and Heading Reference System (AHRS) driving the market growth?

The major end-user industries of global Attitude and Heading Reference System (AHRS) are Civil Aviation and Military Aviation.

7. How big will be the global Attitude and Heading Reference System (AHRS) market in 2028?

According to this Growth Market Reports report, the Global Attitude and Heading Reference System (AHRS) market is likely to register a CAGR of 5.1% during forecast period 2020-2028, with an anticipated valuation of USD 857.3 million by the end of the 2028.

8. What are the factors driving the growth of Global Attitude and Heading Reference System (AHRS) market?

Rising air traffic across the globe, increasing defense expenditures, growing demand for AHRS from aircraft manufactures, rising usage of AHRS to derive the estimate of the objectives attitude are the factors expected to drive the market growth during forecast period.