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AHRS Market in UAV Segment Is Expected to Hold Significant Share Over 2025

Author : Ronak Bora | Published Date : 2019-05-17 

UAV holds significant volume share in the AHRS market place. This dominance is attributed to its numerous applications including civil infrastructure inspection, precision agriculture, and environmental monitoring. Real-time monitoring along with provision for security and surveillance facilities will further enhance the market penetration over the forecast timeframe. Newer opportunities offered in construction activities in terms of lower cost and reduced risks will additionally support the AHRS market growth by 2025.

The benefits including lower weight, reduced wiring, and minimized power consumption will provide positive prospects for AHRS market expansion. Higher reliability offered by GPS enabled AHRS along with improving roll and pitch accuracy are supporting the industry demand over the forecast timeframe. Moreover, cost reduction achieved with the usage of MEMS-based sensors will result in improving the operational efficiency, thereby expanding the business share until 2025.

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Government authorities are engaged in amending regulations on the equipment for aircraft operational and occupant safety requirements, thereby supporting the market demand over the study timeframe. For instance, the FAA provides multiple guidelines and policies under the advisory circular no. 20-181, for airworthiness of AHRS market. The circular comprises of performance standards for non-gimbaled attitude, heading, slip and turn systems.

GPS AHRS will witness considerable growth owing to its superior performance as compared to conventional AHRS. The segment provides position estimates in addition to attitude and heading information. It also computes longitudinal acceleration to help eliminate drift errors which are inherent in conventional AHRS. These capabilities offered will enhance the AHRS market penetration over the study timeframe.

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Gyroscope segment will account for a significant share owing to its innovations and technological advancements, thereby boosting the AHRS market share over the forecast timeframe. Technological advancements in products including ring laser gyroscope, fiber-optic gyroscope, and MEMS gyroscope will further stimulate the volume growth till 2025. Reduced overall product cost along with the integration of MEMS gyroscope across the system will accelerate the market size over the study timeframe.

North America AHRS market will grow significantly owing to proliferating demand for military UAVs. Increasing demand for business aircraft and increasing air passenger traffic will further enhance the industry growth over the projected timeframe. The presence of major aircraft OEMs such as Boeing, Lockheed Martin, and Northrop Grumman focusing on introducing advanced systems will further support the regional growth.

Key players in the AHRS market include Rockwell Collins, Inc., Honeywell International, Inc., Meggitt PLC, Safran S.A., Northrop Grumman Corporation, Lord Microstrain, Sparton Corporation, Vectornav Technologies LLC, Moog, Inc LLC, Teledyne TSS and Universal Avionics. Industrial participants are involved in new and innovative product launches for increasing their market share.

Additionally, industry players are also engaged in joint ventures and partnerships for improving their market share. For instance, in October 2014, Northrop Grumman entered into a strategic contract with Airbus Helicopters for supplying the advanced LCR-350 AHRS for multiple helicopter platforms. This strategy enabled the company to significantly improve its market share in the AHRS market place.

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.

 

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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