Autopilot System - Increasing Volume of Data Generated for Analysis in the Aviation Industry

This report provides a detailed analysis of the autopilot systems used in commercial, defense, and homeland security applications. The report includes analysis of autopilot systems’ market share in airborne, sea, subsea, and land-based vehicles for the forecast period (2014-2020). The report also includes the market analysis of autopilot components such as GPS, Gyros, actuators, and autopilot software. The global autopilot systems market is estimated to be $3.27 Billion in 2014 and is expected to register a CAGR of 6.14% to reach $4.68 Billion by 2020.

To Know More:

 https://www.marketsandmarkets.com/Market-Reports/autopilot-system-market-205309455.html

The Global market research report provides the market analysis for the autopilot systems over the next six years (2014 – 2020). The report includes industry, market, and technology trends that are currently prevailing in the Autopilot System market in addition to the market size forecasts. The market is segmented on the basis of product, applications, components, regions, and countries. The geographical analysis comprises an in-depth study of autopilot systems in the American, European, Asia-Pacific, the Middle Eastern, and the African regions. The detailed analysis of the countries in these regions is covered to give a detailed picture of the supply and demand dynamics over the forecast period. The report covers the drivers, restraints, opportunities, and challenges that are expected to revolutionize the market.

The market is driven by the increasing need of aircraft, the growing need for automation, higher fuel efficiency and safer cruise. The increase in fuel efficiency and reduction in driver fatigue to scrutinize dynamic changes is expected to boost the use of autopilot systems over the forecast period. The small UAV comprising of expensive electronics is a significant market for the Autopilot System market and will see a significant opportunity for the ‘Do It Yourself’ autopilots in future.

The need for accuracy in the navigation system, minimization of human intervention and technological advancements in the autopilot systems for monitoring and controlling the trajectory in case of perilous situations to avoid accidents will fuel the autopilot system market growth over the next six years. Complexity in integration and communication with other support systems and any inaccuracies in the software are the major challenges faced by this market. The high maintenance costs and the changing government regulations act as a limitation for the autopilot systems market.

The global autopilot system market includes the systems used in land-based, sea, subsea and airborne vehicles. The analysis for airborne segment consists of manned vehicles (commercial and military aircraft) and unmanned vehicles (missiles and Unmanned Aerial Vehicles). The report covers the market for sea (commercial & defense ships, and Unmanned Surface Vehicles) and subsea(submarine and Unmanned Underwater Vehicles (ROV and AUV). The land-based vehicles segment focuses on the autopilots used for commercial (farming vehicles) and defense vehicles. This report includes an elaborate study of the autopilot components such as Gyros, GPS, actuators and autopilot software. The Asia-Pacific and Latin American region are emerging markets for the autopilot systems. The U.S. holds maximum share in the global market.

Ask for Discount on Report: https://www.marketsandmarkets.com/discountreports.asp?id=205309455

Rockwell Collins (U.S.), Honeywell (U.S.), Genesys Aerosystems (U.S.), Furuno (Japan), Garmin (Switzerland), Micropilot (Canada), Raymarine (U.S.), and DJI (China) are the market leaders and occupy a significant market share for the global Autopilot Systems market.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: newsletter@marketsandmarkets.com