DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Attitude and Heading Reference Systems Market - Global Forecast to 2022" report to their offering.
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% from 2016 to 2022.
The growth of this market can be attributed to factors such as growth in aircraft deliveries and increasing demand of AHRS use in Unmanned Aerial Vehicles (UAV). However, replacement of AHRS with Inertial Reference Systems (IRS) may restrain the growth of this market.
Based on end-use, the civil aviation segment is estimated to lead the attitude and heading reference systems market in 2016. According to GAMA Statistical Databook 2016, the total fleet size of general aviation aircraft was 2,626. The civil aviation segment is expected to be the largest segment of the market in the coming years, owing to the high penetration and rising adoption of AHRS in general aviation.
North America is estimated to be the largest market for attitude and heading reference systems in 2016.
- Honeywell International Inc.
- Ixblue, Inc.
- Lord Microstrain
- MEMSic, Inc.
- Meggitt PLC
- Moog, Inc.
- Northrop Grumman Corporation
- Rockwell Collins, Inc.
- Safran S.A.
- Sparton Navigation and Exploration, LLC
- Vectornav Technologies, LLC
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Attitude and Heading Reference Systems Market, By Type
8 Attitude and Heading Reference Systems Market, By Component
9 Attitude and Heading Reference Systems Market, By End-Use
10 Attitude and Heading Reference Systems Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/f7l4z6/attitude_and.