Attitude and Heading Reference System (AHRS) Market
Attitude and Heading Reference System (AHRS)
Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Attitude and Heading Reference System (AHRS)
Market Size and Growth
The global Attitude and Heading Reference System (AHRS) market is expected to experience steady growth due to increasing demand for aircraft navigation systems. The market size is projected to reach $1.5 billion by 2025. Factors such as technological advancements and rising investments in aerospace industry will drive market expansion.
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Companies Covered (Covid 19 Impact Covered)
◍ Financial Highlights
◍ Honeywell
◍ Safran
◍ Rockwell Collins
◍ Northrop Grumman
◍ Moog
◍ Meggitt
◍ Vectornav Technologies
◍ Sparton Navigation and Exploration
◍ Lord Microstrain
◍ Ixblue
◍ MEMSic
The Attitude and Heading Reference System (AHRS) market is highly competitive with key players such as Honeywell, Safran, Rockwell Collins, Northrop Grumman, Moog, Meggitt, Vectornav Technologies, Sparton Navigation and Exploration, Lord Microstrain, Ixblue, and MEMSic. These companies provide AHRS technology for aerospace, defense, and marine applications, contributing to the growth of the market.
- Financial Highlights: Honeywell reported a sales revenue of $32.5 billion in 2020. Moog reported a sales revenue of $2.8 billion in 2020. Safran reported a sales revenue of $26.5 billion in 2020.
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Market Segmentation
By Application
◍ Commercial Aviation
◍ Military Aviation
◍ Marine
◍ Unmanned Vehicle
By Product
◍ Conventional Attitude and Heading Reference Systems
◍ Air Data Attitude and Heading
Reference Systems
◍ GPS-aided Attitude and Heading
Reference Systems
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$ X Billion USD
Market Growth
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