Attitude and Heading Reference Systems Market Report Information By Type (Conventional AHRS, Air Data AHRS and GPS-aided AHRS), Component (Inertial Sensing Unit, Magnetic Sensing Unit and Digital Processing Unit), End-Use (Commercial Aviation, Military Aviation, Unmanned Aerial Vehicles (UAV) and Marine) and Region (North America, Europe, Asia-Pacific, Middle East Africa and Latin America) - Forecast till 2032

Attitude and Heading Reference Systems Market Overview

Attitude and Heading Reference Systems Market size was valued at USD 723.8 Million in 2022. The Attitude and Heading Reference Systems industry is projected to grow USD 1397.2 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 5.09% during the forecast period (2022 - 2032).

Attitude and heading reference systems (AHRS) enable pilots to operate aircraft efficiently and safely. AHRS provides vital information about aircraft, including roll, pitch, and yaw. Moreover, the AHRS are widely used in military aircraft to carry out military missions efficiently. AHRS is also used in UAVs by military agencies globally.

Global Attitude and Heading Reference Systems Market has witnessed high growth in recent years owing to the increasing defense expenditures, growing passenger traffic, and a significant rise in demand for new aircraft. However, the higher time consumption in AHRS initialization is expected to restrict the market growth to some extent.

The increasing need for attitude and heading reference systems to increase efficiency and safety of operations

Market Drivers

• Increasing Defense Expenditures

Globally, military spending has increased significantly in recent years. According to the Stockholm International Peace Research Institute (SIPRI), global military expenditure rose by 2.6% to approximately USD 1.82 trillion from 2017 to 2019. The increase in defense expenditure is expected to boost the demand for technologically advanced aircraft such as fighter jets, UAVs, and helicopters, which is also expected to drive the demand for attitude and heading reference systems during the review period.

• Significant Increase in Air Passenger Traffic and Demand for New Aircraft

Market Opportunities

Integration of AHRS with GPSCommercialization of unmanned aerial vehicles

 

Attitude and Heading Reference Systems Market Segmentation

 

By Type

Conventional AHRS: The segment accounted for the second-largest market share in 2019. Conventional AHRS uses mechanical gyroscopic instruments and is largely used for conventional aircraft and ships.

Report Attribute/Metric	Details
Market Size2022	USD 723.8 Million
Market Size2032	USD 1397.2 Million
Compound Annual Growth Rate (CAGR)	5.09% (2022-2032)
Base Year	2021
Market Forecast Period	2022-2032
Historical Data	2019- 2020
Market Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered	End-Use, Region
Geographies Covered	North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered	The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled	Honeywell International Inc. (US), Ixblue, Inc. (US), Lord Microstrain (US), Meggitt PLC (UK), Moog, Inc. (US), Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Safran SA (France), Sparton Navigation and Exploration, LLC (US), Vectornav Technologies, LLC (US)
Key Market Opportunities	Integration of AHRS with GPSCommercialization of unmanned aerial vehicles
Key Market Dynamics	Increasing Defense ExpendituresSignificant Increase in Air Passenger Traffic and Demand for New Aircraft