Attitude and Heading Reference System Market expected to reach $957.62 million by 2026 with CAGR of 7.2% | Honeywell International, MEMSic, Vectornav Technologies

The Global Attitude and Heading Reference System Market is accounted for $513.83 million in 2017 and is expected to reach $957.62 million by 2026 growing at a CAGR of 7.2% during the forecast period. Some of the key factors influencing the market growth include Rise in aircraft deliveries, increasing demand for use in Unmanned Aerial Vehicles, aircrafts and ships and growing importance of precision navigation, sensitivity, and reliability in the general aviation industry. However, decreased defense budgets of several developed nations are restraining market growth.

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Major market player included in this report are:

Rockwell Collins, Inc., Universal avionics, Safran S.A., Meggitt PLC, Lord Microstrain, Honeywell International, Inc., MEMSic, Inc., Vectornav Technologies, LLC, Northrop Grumman Corporation, Moog, Inc., Ixblue, Inc. and Sparton Navigation and Exploration, LLC.

Attitude and Heading Reference Systems (AHRS) are multi-axis sensors which use inertial navigation for calculating the position and velocity of an aircraft, namely heading, altitude and yaw. It also outputs flight dynamics information to flight deck displays, flight controls, weather radar antenna platform and other aircraft systems.

This market research report administers a broad view of the Attitude and Heading Reference System market on a global basis, presenting a forecast and statistics in terms of revenue during the forecast period. It covers an illustrative study with detailed segmentation, complete research and development history, latest news and press releases. Additionally, it demonstrates the future aspects and portrays a sketch of the key players involved in the Attitude and Heading Reference System market’s growth in terms of revenue.

The report contains imperative and pivotal details affecting the developments and growth of the market and also talks about the restricting factors that may restrain the Attitude and Heading Reference System market growth during the forecast period. Segmentation of the market are examined specifically to provide knowledge for supplementary market investments. Segmentation of the market on the basis of Administration and Application are elucidated in details portraying a descriptive structure of the market trends and restrictions affecting the Attitude and Heading Reference System market through the segments and sub-segments.

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The report also provides the market size and estimates a forecast from the year 2017 to 2026 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America providing an exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors affecting the Attitude and Heading Reference System market.

The report also analyzes the factors affecting Attitude and Heading Reference System market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

What the report features:-

Global analysis of Attitude and Heading Reference System market from 2017 – 2026 illustrating the progression of the market.

  • Forecast and analysis of Attitude and Heading Reference System market by Type Application and Regional Forecasts 2017-2026
  • Forecast and analysis of Attitude and Heading Reference System market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

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Reasons to Buy the Report:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Attitude and Heading Reference System Market
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Attitude and Heading Reference System Market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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Posted by on Friday November 15 2019, 4:05 AM EST. All trademarks acknowledged. Filed under Aerospace, Aerospace & Defence, Business & Financial Services, Business Services, Defence, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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