April 21, 2020
According to a recent study titled ‘Attitude and Heading Reference System (AHRS) Market Size By Platform, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’ available with Market Study Report LLC, global attitude and heading reference system (AHRS) market is anticipated to witness prominent growth through 2025.
The attitude and heading reference system (AHRS) market is expected to grow substantially on account of its increased application in business aircraft, turboprops, and piston-powered aircraft. Growing demand for precision navigation systems for the efficient operation of aircraft in challenging climatic and altitude conditions is accelerating global AHRS market share.
Moreover, the system’s easier integration with Electronic Flight Instrument System (EFIS) and compact size is fueling the market growth. Additionally, increasing usage of MEMS-based sensors to boost operational efficiency and reduce cost will expand the overall business share of attitude and heading reference system market by 2025.
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As per type, GPS AHRS segment is expected to garner significant growth in the forthcoming years on account of its superior performance compared to traditional AHRS system. These systems offer enhanced position and navigation information. They also eliminate drift errors which are caused in conventional AHRS by computing longitudinal acceleration. These offered capabilities will boost the demand for the GPS AHRS over the estimated timeframe.
On the regional front, Asia Pacific AHRS market is expected to record a considerable growth rate on account of surging demand for helicopters for supporting business travels and medical evacuation. Moreover, increasing demand for UAVs from the region’s defense sector is bolstering the product penetration. Stringent government regulations to regulate flight systems will aid business outlook in the forthcoming years
Considering the competitive landscape of attitude and heading reference system market, companies such as LORD MicroStrain, Sparton Navigation and Exploration, Universal Avionics, MEMSIC, Inc., Safran S.A., Northrop Grumman Corporation, Meggitt PLC, and Collins Aerospace are rolling out cutting-edge systems to enhance product portfolio and expand their business reach.
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