Commercial Aircraft Autopilot System Market 2015-2019

  • Published: Sep 2015
  • Pages: 56
  • SKU: IRTNTR6977
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Market outlook of the commercial aircraft autopilot market
The global commercial aircraft autopilot system market was valued at over $450 million in 2014. The increase in aircraft deliveries and the increase in the demand for automation and improved safety standards are some of the key drivers for this market. 

On account of the consistent rise in air travel, the report predicts the market demand for aircraft replacements to reach nearly 38,000 units in the next 20 years. Airline companies are expected to make huge investments in the latest technologies, including autopilot systems, and it is expected to help the market grow steadily during the forecast period.

Segmentation of the commercial autopilot market by components

  •     GPS
  •     Gyros
  •     Computer system

The international air transport association (IATA) is projecting around 16 billion passengers by 2050, compared to 3.3 billion in 2014. To accommodate this rise in air traffic, organizations such as federal aviation administration (FAA) have framed strict regulations to ensure the safety of aircrafts with real-time data on board. The GPS segment of the market is expected to register close to $65 million worth of revenues by 2019.

Market shares by the leading regions of the commercial autopilot market

  •     Americas
  •     EMEA
  •     APAC

According to Airbus, emerging regions such as APAC, Latin America, Africa, and Eastern Europe, witnessed the demand for air travel grow six times more than the developed economies of North America and Western Europe, in 2014.

Overview of the leading vendors of the commercial autopilot market

  •     Honeywell
  •     Genesys Aerosystems, 
  •     DJI
  •     Micropilot
  •     Rockwell Collins

The other prominent vendors of the market include Airware, Cloud Cap Technology, Furuno Electric, Garmin International, and Trimble Navigation. As per the forecast, vendors are likely to leverage the growing demand for autopilot landing systems. Autopilot landing systems enable secure landing of aircrafts during harsh climatic conditions and limited visibility. The system is frequently used at airports that have dense snow, rain or fog.

Key questions answered in the report

  •     What are the key factors driving the commercial autopilot market?
  •     What are the key market trends impacting the growth of the commercial autopilot market?
  •     What are the various opportunities and threats faced by the commercial autopilot market? 
  •     Key outcome of the five forces analysis on the commercial autopilot market? 
  •     Growth forecast of the commercial autopilot market until 2019?

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Read More Read Less

PART 01: Executive summary
Highlights
PART 02: Scope of  the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by component
Market size and forecast
PART 07: Geographical segmentation
Global Commercial Aircraft Autopilot System
Market Share by Geography in 2014
Global Commercial Aircraft Autopilot System
Market Shares by Geography in 2019
Geographical Segmentation of the Global
Commercial Aircraft Autopilot System Market
Commercial Aircraft Autopilot System Market in the Americas
Commercial Aircraft Autopilot System Market in EMEA
Commercial Aircraft Autopilot System Market in APAC
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
Competitive Scenario
Other prominent vendors
PART 14: Key vendor analysis
DJI Honeywell
Genesys Aerosystems
Honeywell International
Micropilot
Rockwell Collins
PART 15: Appendix
List of abbreviation
 

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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