The "Autopilot Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global autopilot systems market reached is experiencing a healthy growth. Autopilot refers to an electrical, mechanical or hydraulic system that is designed for aerial, marine and unmanned aerial vehicles (UAVs) to operate without requiring human assistance. It consists of a computer system, actuator and global positioning service (GPS), along with flight director control and avionic systems.
These systems are designed to minimize the workload of the pilots over long travels and to improve the overall performance of the vessel. They can intercept the course, check for route deviations, control the steering wheel and maintain the assigned altitude. These systems find extensive applications across the automotive, agriculture, commercial aviation, military and aerospace industries.
The expanding aerospace and defence industries are among the key factors driving the market growth. Furthermore, a significant increase in air travel and water transportation activities, especially in the emerging economies, is also providing a boost to the market growth. Autopilot systems aid in enhancing situational awareness, navigational accuracy and the operational and fuel efficiency of the vessel. Additionally, the widespread adoption of the autopilot systems in UAVs and drones is acting as another growth inducing factor.
These systems can manage Attitude & Heading Reference Systems (AHRS), airspeed, magnetometers, accelerometers, gyroscopes and flight control algorithms in the UAVs. They are also used in drones to monitor the route, track waypoints and take high-definition aerial photos and videos. Other factors, including technological advancements, growing need for automation across industries and extensive research and development (R&D) activities, are projected to drive the market further. Looking forward, the publisher expects the market to grow at a CAGR of around 5% during 2020-2025.
Bae Systems PLC
Cloud Cap Technology Inc.
Furuno Electric Co. Ltd.
Garmin International Inc.
Genesys Aerosystems Group Inc.
Honeywell International Inc.
Lockheed Martin Corporation
Rockwell Collins Inc.
Key Questions Answered in This Report:
How has the global autopilot systems market performed so far and how will it perform in the coming years?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the component?
What is the breakup of the market based on the platform?
What is the breakup of the market based on the system?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global autopilot systems market and who are the key players?
What is the degree of competition in the industry?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Autopilot Systems Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Product Type
6.1 Rotary Wing Aircraft
6.2 Fixed Wing Aircraft
7 Market Breakup by Component
7.1 GPS (Global Positioning System)
8 Market Breakup by Platform
8.1 Airborne Platform
8.2 Land Based
9 Market Breakup by System
9.1 Attitude and Heading Reference System
9.2 Flight Director System
9.3 Flight Control System
9.4 Avionics System
10 Market Breakup by Application
11 Market Breakup by Region
11.1 North America
11.2 Asia Pacific
11.4 Latin America
11.5 Middle East and Africa
12 SWOT Analysis
13 Value Chain Analysis
13.2 Inbound Logistics
13.4 Outbound Logistics
13.5 Marketing and Sales
14 Porters Five Forces Analysis
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Indicators
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/8d9tu4
View source version on businesswire.com: https://www.businesswire.com/news/home/20200407005442/en/
Laura Wood, Senior Press Manager
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