Attitude and Heading Reference System Market Analysis by Top Players 2020-2025 - Safran, Moog Inc, iXblue, Northrop Grumman, Meggitt, Collins Aerospace, Honeywell Aerospace

The exponential growth rate depicted by the global aviation industry is expected to prove extremely beneficial for expansion of attitude and heading reference system market over the forthcoming years. Defined as an inertial sensor installation, the AHRS provides crucial attitude reference & heading reference data for the aircraft, which is then fed to key aircraft systems such as flight deck displays, flight controls & weather radar antennas to facilitate typical computer-aided aircraft operations ranging from platform stabilization to avionics, & robotic systems control, thereby making the system a critical component that is utilized extensively across the aviation industry. This lucrative segment is slated to be a major revenue generator for the attitude and heading reference system market in coming years.

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With air passenger numbers that once lingered near the 1.4 billion mark in 1998, air travel has become more accessible today, evident from the almost 4 billion air passenger traffic recorded in 2017. Propelled by this increasing footfall airlines are ramping up their capabilities, by modernizing their aircraft fleets & also acquiring new-generation fuel-efficient aircrafts, to be able to serve more passengers.

The Major Key Players in the Attitude And Heading Reference System Market are as follows:
o Honeywell International, Inc.
o Collins Aerospace
o Meggitt PLC
o Lord Microstrain
o Northrop Grumman Corporation
o MEMSic Inc
o Ixblue, Inc.
o Sparton Navigation and Exploration
o Vectornav Technologies, LLC
o Moog, Inc, LLC
o Safran S.A
o Universal avionics

These steps are becoming exceedingly more visible in North America where air is considered to the primary mode of transportation when traveling long distances. According to a report by the United States Federal Aviation Administration (FAA), the Air Traffic Organization (ATO) of the FAA, on a daily basis, provides services to approximately 43,000 flights that cover over 5.3 million square miles of the U.S. domestic airspace. Closely following the U.S, the aviation industry of Canada is also witnessing extensive demand due to the vast distances between the nation's major cities, which makes air travel one of the only viable travel options when traveling from one city to another. In fact, according to Routesonline, owing to the burgeoning demands the airline route between Vancouver & Calgary recorded the region's biggest year-on-year rise in terms of available seat capacity, growing by more than 20.2% in 2018.

The increasing demands witnessed by the commercial air travel segment is slated to be the primary factor fueling North America's attitude and heading reference system market over the years ahead. Moreover, the presence of some of the world's major aircraft OEMs like Lockheed Martin, Northrop Grumman & Boeing and their focus in introducing AHRS in the regional market would be further supporting the industry growth.

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The threat of climate change is adversely affecting the world's food security on a major level as the environmental changes are wreaking havoc on crop production. It is becoming imperative for farming communities & other entities involved in the field of agriculture to adapt their respective agricultural practices to these challenges. According to a report by the Food & Agriculture Organization of the United Nations, the attitude and heading reference system market has now turned to emerging technologies. One of the latest developments in this regard is the increased use of small unmanned aerial vehicles (UAVs) that help with decision making through reliable, accurate & timely information gathering.

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