Aircraft Lightning Protection Market to Exceed USD 3.5 Billion by 2024 - PowerPoint PPT Presentation

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Aircraft Lightning Protection Market to Exceed USD 3.5 Billion by 2024

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Increasing business aircraft demand owing to regular inter and intra-city travel for corporate activities will propel the attitude and heading reference systems market share over the projected timeframe. Rising usage of UAVs for commercial and military activities including reconnaissance, surveillance, and target attacks will further stimulate business growth. – PowerPoint PPT presentation

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Updated: 4 April 2019
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Title: Aircraft Lightning Protection Market to Exceed USD 3.5 Billion by 2024


1
Global AHRS Market Report to exceed 455 million
by 2025
2
Key Insights from attitude and heading reference
systems (AHRS) market
  • Increasing business aircraft demand owing to
    regular inter and intra-city travel for corporate
    activities will propel the AHRS market share over
    the projected timeframe. Rising usage of UAVs for
    commercial and military activities including
    reconnaissance, surveillance, and target attacks
    will further stimulate business growth.
  • The benefits including lower weight, reduced
    wiring, and minimized power consumption will
    provide positive prospects for attitude and
    heading reference systems (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.
  • 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.

3
Continued
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 attitude and
heading reference systems market growth by 2025.
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)
attitude and heading reference systems market
penetration over the study timeframe.
4

Latest Research Report On attitude and heading
reference systems (AHRS) market_at_
https//www.gminsights.com/roc/3083 Request for
a sample of this research report
_at_ https//www.gminsights.com/request-sample/detail
/3083
5
U.S. Attitude and Heading Reference System
Market, By Type, 2018 2025, (USD Thousand)

6
Major Companies in attitude and heading
reference systems
  • Honeywell International
  • Meggitt PLC
  • Safran S.A.
  • Northrop Grumman Corporation
  • Lord Microstrain
  • Sparton Corporation

7
Industry Coverage

8
Regional Insights in attitude and heading
reference systems
  • 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.

9
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