News on U.S. government agencies, U.S. politics, companies doing business with U.S. federal government. Read U.S. national and local news. This site is not affiliated with United States Government.
(USGovernment-News.Com, September 29, 2018 ) The report "Attitude and Heading Reference Systems (AHRS) Market by Type (AHRS, ADAHRS, GPS AHRS), Component (Inertial Sensors, Magnetic Sensors, & Processor), End-use (Civil Aviation, Military Aviation, Unmanned Vehicles, & Marine) & Region - Global Forecast to 2022", The attitude and heading reference systems market is projected to grow from USD 537.5 Million in 2016 to USD 723.8 Million by 2022, at a CAGR of 5.08% during the forecast period.
Don’t miss out on business opportunities in Aircraft Wire and Cable Market . Speak to our analyst and gain crucial industry insights that will help your business grow:
Rise in aircraft deliveries, owing to the increasing air passenger traffic across the globe, and increasing demand of attitude and heading reference systems for use in Unmanned Aerial Vehicles (UAVs) are some of the factors expected to drive the attitude and heading reference systems market.
Browse and in-depth TOC on " Aircraft Wire and Cable Market "
The GPS-aided attitude and heading reference systems segment is expected to witness the highest growth during the forecast period. GPS-aided attitude and heading reference systems not only offer attitude and heading references for vehicles but also help in their navigation. The accuracy of these systems is high and the systems can detect change in velocity and position, without using accelerometers and magnetometers.
Based on end-use, the attitude and heading reference systems market has been segmented into civil aviation, military aviation, marine, and unmanned vehicles. The unmanned vehicles segment is projected to witness highest growth during the forecast period, due to the growing use of drones in the consumer and enterprise markets.
North America is estimated to be the largest market for attitude and heading reference systems during the forecast period, driven by factors, such as the increasing passenger traffic, demand for new aircraft, and retrofit of traditional avionics systems.
Honeywell International, Inc. (U.S.), Safran S.A. (France), Northrop Grumman Corporation (U.S.), Rockwell Collins, Inc. (U.S.), and Moog, Inc. (U.S.) are the key players in the attitude and heading reference systems market.
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:
