Global In-Flight Autopilot (Automated) Systems Market is estimated to reach $9.4 billion by 2024; growing at a CAGR of 4.6% from 2016 to 2024. In-flight autopilot (automated) systems offer various operational capabilities, which have major use to guide & control an aircraft without taking any type of direct help from the pilot. Nowadays, in-flight autopilot systems are finding application in variety of aircrafts to improve the operational effectiveness during the flight. The in-flight autopilot systems market is also observing trends like technological developments which has enabled its combination with complex systems, and is projected to boost its demand in the commercial and military aircrafts.
Major factors driving the global in-flight autopilot systems market are high requirement of automation in aviation industry, mounting focus on improving operational effectiveness, and growing need of advanced flight management. However, reliance on airline companies and high cost of in-flight autopilot systems may hamper the market growth. Furthermore, R&D activities to build up new features would unfold with numerous growth opportunities in the forecasted year.
Major segments of the global in-flight autopilot systems market are system type, aircraft type, application, and geography. The system type segment comprises attitude and healing reference system, flight director system, flight control system, avionics system, and other system types. Further, by aircraft type, the market is segmented into rotary wings aircraft, and fixed-wing aircraft. Application comprises military aircrafts, commercial aircrafts, and civilian aircrafts.
Geographically, the global in-flight autopilot systems market is categorized into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consist of UK, France, Germany, Italy, and Rest of Europe. Asia-Pacific is segmented into China, Japan, India, Oceanic (Australia, New Zealand, Papua New Guinea and Fiji among others), and Rest of Asia- Pacific, while RoW is bifurcated into South America, Middle East, and Africa.
The major players competing in the market are Lockheed Martin Corporation, Rockwell Collins, Inc., MicroPilot, Inc., Cloud Cap Technology, Inc., Genesys Aerosystems Group, Inc., Honeywell International, Inc., Garmin Ltd., General Electric Company, Esterline Technologies, and Lufthansa Systems GmbH, among others.
The key takeaways from the report
• The report will provide detailed analysis of In-Flight Autopilot (Automated) Systems Market with respect to major segments such as system type, aircraft type, and application
• The report will include the qualitative and quantitative analysis with market estimation over 2015 - 2024 and compound annual growth rate (CAGR) between 2016 and 2024
• Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
• An exhaustive regional analysis of In-Flight Autopilot Systems Market has been included in the report
• Profile of the key players in the In-Flight Autopilot Systems Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of In-Flight Autopilot (Automated) Systems Market
System Type Segments
• Attitude and Healing Reference System
• Flight Director System
• Flight Control System
• Avionics System
• Other System Types Aircraft Type Segments
• Rotary Wings Aircraft
• Fixed-Wing Aircraft Application Segments
• Military Aircrafts
• Commercial Aircrafts
• Civilian Aircrafts Geographical Segments
• North America
o Rest of Europe
o Oceanic(Australia, New Zealand, Papua New Guinea and Fiji among others)
o Rest of Asia-Pacific
o South America
o Middle East o Africa