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AHRS Market: Global Revenue, Historical Growth & Forecast Period 2020 - 2025

AHRS Market: Global Revenue, Historical Growth & Forecast Period 2020 - 2025

Another platform-based segment that is likely to gain traction in the AHRS market is GPS. Indeed, GPS-based AHRS market is likely to accrue quite some profit in the years to come, given the product’s superior performance in navigation and positioning operations. Low cost, compact GPS AHRS systems are currently being used to track human body movements in indoor environments by estimation of the 3D orientation.

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The growing focus on precision guidance, navigation and control in the aviation industry has led to the growth of the global AHRS market in recent years. A sensor-based device used to determine the orientation of a vehicle or the object it is integrated to, AHRS usage is critical mainly for aircraft that fly during darkness or under conditions of reduced visibility. The product is light weight, small sized and is equipped with self-correcting capability which has led to its prolonged application in business jets, turboprops, and piston-powered aircraft as well as in unmanned aerial vehicles (UAVs), human body motion tracking and more.

In any navigation system, the product can continuously make small corrections by using periods of stable flight and reference attitude, thus improving features like autopilot and diminishing prolonged sessions of turbulence. Its commendable characteristics have overtly led to a robust upsurge in the product adoption in recent years, propelling AHRS market trends.

North America is anticipated to emerge as a pivotal revenue pocket for the global AHRS market, primarily on account of the rising demand for military UAVs. Increasing demand for business aircraft and surging air passenger traffic will further enhance the regional industry growth over 2019-2025.

According to the U.S. Federal Aviation Administration’s (FAA) forecast report, the U.S. carrier sectors profitability is anticipated to remain steady or increase due to improving economy in the coming years. Furthermore, the industry will command profitability by means of increasing demand for air travel and airfares due to rising disposable income. The presence of pivotal aircraft OEMs such as Lockheed Martin, Boeing and Northrop Grumman that have been focusing on the launch of advanced systems will also further propel the North America attitude and heading reference system market share.

The attitude and heading reference system, a sensor-based device that provides attitude information for aircraft, is cautiously designed to replace traditional mechanical gyroscope attitude systems and can effectively offer applications with enhanced correction capabilities. Technological advancements for improving accuracy and efficiency coupled with enhanced performance standards are likely to impel the industry trends in the years ahead. As per Global Market Insights, Inc., AHRS market size will surpass $455 million by 2025.

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 Some Point Form TOC:

Chapter 5. Attitude & Heading Reference System Market, By Type

5.1. Global AHRS market share by type, 2018 & 2025

5.2. Conventional AHRS

5.2.1. Market estimates and forecast, 2013 - 2025

5.2.2. Market estimates and forecast, by region, 2013–2025

5.3. ADAHRS

5.3.1. Market estimates and forecast, 2013 - 2025

5.3.2. Market estimates and forecast, by region, 2013–2025

5.4. GPS AHRS

5.4.1. Market estimates and forecast, 2013 - 2025

5.4.2. Market estimates and forecast, by region, 2013–2025

Chapter 6. Attitude & Heading Reference System Market, By Component

6.1. Global AHRS market share by component, 2018 & 2025

6.2. Accelerometers

6.2.1. Market estimates and forecast, 2013 - 2025

6.2.2. Market estimates and forecast, by region, 2013–2025

6.3. Gyroscopes

6.3.1. Market estimates and forecast, 2013 - 2025

6.3.2. Market estimates and forecast, by region, 2013–2025

6.4. Magnetometer

6.4.1. Market estimates and forecast, 2013 - 2025

6.4.2. Market estimates and forecast, by region, 2013–2025

6.5. Digital Processing Unit

6.5.1. Market estimates and forecast, 2013 - 2025

6.5.2. Market estimates and forecast, by region, 2013–2025

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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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