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What’s driving the Attitude and Heading Reference System Market Trends? | Key Players are Collins Aerospace, Meggitt PLC, Northrop Grumman, Safran S.A., MEMSIC, Universal Avionics, LORD MicroStrain

07-03-2019 09:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

Attitude and Heading Reference System Market

Attitude and Heading Reference System Market

Increasing usage of Attitude and Heading Reference System market in turboprops, business jets, and piston-powered aircraft owing to its self-correcting capabilities along with lower weight is supporting the market share over the forecast timeframe. Rising requirements for precision navigation facilities along with improving reliability and sensitivity of systems to operate in diversified climatic and altitude conditions are further supporting industry growth.

The Asia Pacific attitude and heading reference system market will show significant growth rate over the forecast timeframe. Increasing demand for helicopters in the region for supporting emergency medical evacuation and rising business travels will support market growth. For instance, in November 2018, Russian Helicopters signed a contract with the Chinese Association for Disaster & Emergency Rescue Medicine (CADERM) to provide 20 Ansat helicopters

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Key Companies in Global attitude and heading reference system market: -

• Honeywell International, Inc.
• Collins Aerospace
• Meggitt PLC
• Lord Microstrain
• Northrop Grumman Corporation
• MEMSic Inc
• Ixblue, Inc.
• Sparton Navigation and Exploration
• Vectornav Technologies, LLC

3. Attitude & Heading Reference System Industry Insights

3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2025
3.3. Industry ecosystem analysis
3.3.1. Component Suppliers
3.3.2. Manufacturers
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.4. Technology Landscape
3.5. Regulatory landscape
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Latin America
3.5.5. MEA

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The GPS attitude and heading reference system market will witness considerable growth rate owing to enhanced positioning and navigational capabilities. The superior performance of GPS AHRS over the conventional systems supports the increased system adoption over the study timeframe. Drift errors are frequently observed in conventional AHRS; however, the longitudinal acceleration of GPS enables it to eliminate this error.

Sensor noise and system drift reduces accuracy and may limit the attitude and heading reference system market growth over the forecast timeframe. Additionally, vibration, gravity, noise, and other external forces cause interference in the performance of accelerometers that may further restrict industry penetration. However, industry players are developing innovative lightweight and reliable solutions to overcome these limitations.

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The industry players in the attitude and heading reference system market are Collins Aerospace, Meggitt PLC, Northrop Grumman Corporation, Safran S.A., MEMSIC, Inc., Universal Avionics, Sparton Navigation and Exploration, and LORD MicroStrain. Improved product launch is among the key strategies adopted by the industry players to enhance their product portfolio. For instance, in August 2017, LORD MicroStrain launched new sensors including 3DM-GX5-10 inertial measurement unit and 3DM-GX5 AHRS with GNSS for unmanned and autonomous vehicles. The new system does not require onboard extended Kalman filters, thereby reducing system costs significantly.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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