Heading Indicators Market Developments by 2031
The heading indicator is a flight instrument that displays the aircraft's heading to the pilot. The heading indicator's gyro is positioned in a vertical plane and relies on space rigidity to work. The heading indicator is driven by a gyroscope that is connected to the aircraft yawing plane, which is determined by the aircraft's longitudinal and transverse axes, through an erection mechanism. The vacuum machine is used, and it works on the theory of torque-induced precession (gyroscopic precession). Magnetic compasses are very accurate, but they have so many inherent defects, such as magnetic dip, that they have been replaced with gyroscopic heading indicators.
MARKET DYNAMICS
The market for heading indicators is booming because of rising demand for lightweight and more accurate aircraft instruments. The 10-32 multi-voltage functionality of this electric heading indicator is a key feature, allowing one version to operate in any aircraft. The extended input voltage range and minimal running current draw enable the DG to operate longer as power becomes scarce on the way to a power system failure, increasing the margin of safety.
MARKET SCOPE
The "Global Heading Indicators Market Analysis To 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global heading indicators market trend analysis. The heading indicators market report aims to provide an overview of the heading indicators market with detailed market segmentation by type, application, and geography. The global heading indicators market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading heading indicators market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global heading indicators market is segmented on the basis of type, and application. Based on type, the heading indicators market is segmented into: type I, and type II. On the basis of application, the heading indicators market is segmented as: application I, and application II.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global heading indicators market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The heading indicators market by each region is later sub-segmented by respective countries and segments. The heading indicators market report covers the analysis and forecast of 17 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the heading indicators market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forcesanalysishighlighting factors affecting the heading indicators market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global heading indicators market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The heading indicators market by each region is later sub-segmented by respective countries and segments. The heading indicators market report covers the analysis and forecast of 17 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the heading indicators market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forcesanalysishighlighting factors affecting the heading indicators market in these regions.
MARKET PLAYERS
The reports cover key developments in the heading indicators market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from heading indicators market are anticipated to lucrative growth opportunities in the future with the rising demand for heading indicators in the global market. Below mentioned is the list of few companies engaged in the heading indicators market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the heading indicators market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Astronautics Corporation of America
- BendixKing
- Century Flight Systems
- DJI
- Epson India Pvt Ltd.
- Kanardia d.o.o.
- KELLY MANUFACTURING CO.
- Mid-Continent Instrument Co., Inc
- Murata Manufacturing Co., Ltd.
- Sigma Tek, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Heading Indicators Market - By Type
1.3.2 Heading Indicators Market - By Application
1.3.3 Heading Indicators Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HEADING INDICATORS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. HEADING INDICATORS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. HEADING INDICATORS MARKET - GLOBAL MARKET ANALYSIS
6.1. HEADING INDICATORS - GLOBAL MARKET OVERVIEW
6.2. HEADING INDICATORS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HEADING INDICATORS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. TYPE I
7.3.1. Overview
7.3.2. Type I Market Forecast and Analysis
7.4. TYPE II
7.4.1. Overview
7.4.2. Type II Market Forecast and Analysis
8. HEADING INDICATORS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. APPLICATION I
8.3.1. Overview
8.3.2. Application I Market Forecast and Analysis
8.4. APPLICATION II
8.4.1. Overview
8.4.2. Application II Market Forecast and Analysis
9. HEADING INDICATORS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Heading Indicators Market Overview
9.1.2 North America Heading Indicators Market Forecasts and Analysis
9.1.3 North America Heading Indicators Market Forecasts and Analysis - By Type
9.1.4 North America Heading Indicators Market Forecasts and Analysis - By Application
9.1.5 North America Heading Indicators Market Forecasts and Analysis - By Countries
9.1.5.1 United States Heading Indicators Market
9.1.5.1.1 United States Heading Indicators Market by Type
9.1.5.1.2 United States Heading Indicators Market by Application
9.1.5.2 Canada Heading Indicators Market
9.1.5.2.1 Canada Heading Indicators Market by Type
9.1.5.2.2 Canada Heading Indicators Market by Application
9.1.5.3 Mexico Heading Indicators Market
9.1.5.3.1 Mexico Heading Indicators Market by Type
9.1.5.3.2 Mexico Heading Indicators Market by Application
9.2. EUROPE
9.2.1 Europe Heading Indicators Market Overview
9.2.2 Europe Heading Indicators Market Forecasts and Analysis
9.2.3 Europe Heading Indicators Market Forecasts and Analysis - By Type
9.2.4 Europe Heading Indicators Market Forecasts and Analysis - By Application
9.2.5 Europe Heading Indicators Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Heading Indicators Market
9.2.5.1.1 Germany Heading Indicators Market by Type
9.2.5.1.2 Germany Heading Indicators Market by Application
9.2.5.2 France Heading Indicators Market
9.2.5.2.1 France Heading Indicators Market by Type
9.2.5.2.2 France Heading Indicators Market by Application
9.2.5.3 Italy Heading Indicators Market
9.2.5.3.1 Italy Heading Indicators Market by Type
9.2.5.3.2 Italy Heading Indicators Market by Application
9.2.5.4 United Kingdom Heading Indicators Market
9.2.5.4.1 United Kingdom Heading Indicators Market by Type
9.2.5.4.2 United Kingdom Heading Indicators Market by Application
9.2.5.5 Rest of Europe Heading Indicators Market
9.2.5.5.1 Rest of Europe Heading Indicators Market by Type
9.2.5.5.2 Rest of Europe Heading Indicators Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Heading Indicators Market Overview
9.3.2 Asia-Pacific Heading Indicators Market Forecasts and Analysis
9.3.3 Asia-Pacific Heading Indicators Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Heading Indicators Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Heading Indicators Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Heading Indicators Market
9.3.5.1.1 Australia Heading Indicators Market by Type
9.3.5.1.2 Australia Heading Indicators Market by Application
9.3.5.2 China Heading Indicators Market
9.3.5.2.1 China Heading Indicators Market by Type
9.3.5.2.2 China Heading Indicators Market by Application
9.3.5.3 India Heading Indicators Market
9.3.5.3.1 India Heading Indicators Market by Type
9.3.5.3.2 India Heading Indicators Market by Application
9.3.5.4 Japan Heading Indicators Market
9.3.5.4.1 Japan Heading Indicators Market by Type
9.3.5.4.2 Japan Heading Indicators Market by Application
9.3.5.5 South Korea Heading Indicators Market
9.3.5.5.1 South Korea Heading Indicators Market by Type
9.3.5.5.2 South Korea Heading Indicators Market by Application
9.3.5.6 Rest of Asia-Pacific Heading Indicators Market
9.3.5.6.1 Rest of Asia-Pacific Heading Indicators Market by Type
9.3.5.6.2 Rest of Asia-Pacific Heading Indicators Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Heading Indicators Market Overview
9.4.2 Middle East and Africa Heading Indicators Market Forecasts and Analysis
9.4.3 Middle East and Africa Heading Indicators Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Heading Indicators Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Heading Indicators Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Heading Indicators Market
9.4.5.1.1 South Africa Heading Indicators Market by Type
9.4.5.1.2 South Africa Heading Indicators Market by Application
9.4.5.2 Saudi Arabia Heading Indicators Market
9.4.5.2.1 Saudi Arabia Heading Indicators Market by Type
9.4.5.2.2 Saudi Arabia Heading Indicators Market by Application
9.4.5.3 U.A.E Heading Indicators Market
9.4.5.3.1 U.A.E Heading Indicators Market by Type
9.4.5.3.2 U.A.E Heading Indicators Market by Application
9.4.5.4 Rest of Middle East and Africa Heading Indicators Market
9.4.5.4.1 Rest of Middle East and Africa Heading Indicators Market by Type
9.4.5.4.2 Rest of Middle East and Africa Heading Indicators Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Heading Indicators Market Overview
9.5.2 South and Central America Heading Indicators Market Forecasts and Analysis
9.5.3 South and Central America Heading Indicators Market Forecasts and Analysis - By Type
9.5.4 South and Central America Heading Indicators Market Forecasts and Analysis - By Application
9.5.5 South and Central America Heading Indicators Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Heading Indicators Market
9.5.5.1.1 Brazil Heading Indicators Market by Type
9.5.5.1.2 Brazil Heading Indicators Market by Application
9.5.5.2 Rest of South and Central America Heading Indicators Market
9.5.5.2.1 Rest of South and Central America Heading Indicators Market by Type
9.5.5.2.2 Rest of South and Central America Heading Indicators Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. HEADING INDICATORS MARKET, KEY COMPANY PROFILES
11.1. ASTRONAUTICS CORPORATION OF AMERICA
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BENDIXKING
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CENTURY FLIGHT SYSTEMS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DJI
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. EPSON INDIA PVT LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. KANARDIA D.O.O.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. KELLY MANUFACTURING CO.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MID-CONTINENT INSTRUMENT CO., INC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. MURATA MANUFACTURING CO., LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SIGMA TEK, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Astronautics Corporation of America
2. BendixKing
3. Century Flight Systems
4. DJI
5. Epson India Pvt Ltd.
6. Kanardia d.o.o.
7. KELLY MANUFACTURING CO.
8. Mid-Continent Instrument Co., Inc
9. Murata Manufacturing Co., Ltd.
10. Sigma Tek, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.