0

Global Autopilot Systems Market 2016-2020

  • Published: Aug 2016
  • Pages: 58
  • SKU: IRTNTR10222
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

This market study recognizes vendors such as Genesys Aerosystems, Honeywell, Lockheed Martin, and Rockwell Collins as the leading players in the global autopilot systems market. This research offers segmentations of the market based on types of aircraft (narrow-body, wide-body, regional jets, and turboprop), component (computer systems, gyros, GPS, and actuators), and geography (the Americas, APAC, and EMEA).

Outlook of the global autopilot systems market

Technavio’s market research analyst predicts that the global autopilot systems market will grow progressively and post a moderate CAGR of around 5% by 2020. The growing demand for automation, to enhance the flight operational safety and efficiency and to reduce operating costs for greater profits will be one of the primary market drivers. In this market, major vendors will be investing in the development of technologies that will increase the efficiency of autopilot systems with a highly advanced architecture that provides greater efficiency, is easily manageable, and also enhances the safety of the aircraft. Such investments for the development of advanced technologies will fuel the prospects for growth in this market over the next few years. For instance, Honeywell recently entered into a contract with Indigo Airlines to install cockpit technologies that will provide greater situational awareness for the pilot and the autopilot.

According to the market analyst at Technavio, the Americas will dominate the total market share and post a CAGR of approximately 4% by 2020. The major factor contributing to the progress of the market will be the introduction of regulations for the enhancement of flight safety standards and technology for passengers and airlines. As a result, there will be initiatives for remotely controlled systems in commercial airlines in case of emergencies, which will allow air traffic controllers and government agencies to take control of an aircraft and autopilot systems during emergencies.

Competitive landscape and key vendors

The market appears to be highly competitive, and sellers compete on the basis of cost, product quality, reliability, and aftermarket service to gain market shares. To survive in the highly competitive market, business houses will be investing in resources and technology to provide cost-effective and high-quality autopilot systems. With the increase in government regulations for flight safety and vendor collaborations for creating new, digital smart autopilots, the market is expected to remain fiercely competitive during the estimated period.

The key players in the market are -

  • Genesys Aerosystems
  • Honeywell
  • Lockheed Martin
  • Rockwell Collins

Other prominent players in the market are Garmin, Airware, Cloud Cap Technology, MicroPilot, and Trimble Navigation.

Market segmentation based on aircraft type and analysis of autopilot systems

  • Narrow-body
  • Wide-body
  • Regional jets
  • Turboprop

Market analysts predict that the narrow-body aircraft sector will dominate the market and grow at a CAGR of approximately 6% during the forecast period. The increasing number of fleets of LCCs (low-cost carriers) will bolster the demand for sophisticated and technologically upgraded autopilot systems. This rising demand will also lead to the development of systems offering a wide variety of advanced functionalities like automatic control of payloads, compatibility with hybrid structures, curve-based navigation, sense and avoid, RTK precision, and obstacles and safe flight zones definition.

Market segmentation based on component and analysis of autopilot systems

  • Computer systems
  • Gyros
  • GPS (Global positioning system)
  • Actuators

During 2015, the computer systems segment dominated the market accounting for approximately 64% of the total market share. The emerging travel needs of the middle-class population, reduced fare prices of LCCs, and liberalized flight routes will be some factors contributing to the growth of this market segment during the estimated period.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global autopilot systems market?
  • What are the key market trends impacting the growth of the global autopilot systems market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global autopilot systems market?
  • What are the market opportunities and threats faced by the vendors in the global autopilot systems market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global autopilot systems market? 

Technavio also offers customization on reports based on specific client requirement.

Related reports

Table of Content

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 overview
  • Market size and forecast
  • Five forces analysis

PART 06: Supply chain system

PART 07: Value chain system

PART 08: Market segmentation by aircraft type

  • Market segmentation by aircraft type
  • Global autopilot systems for narrow-body aircraft
  • Global autopilot systems market for wide-body aircraft
  • Global autopilot systems market for turboprops
  • Global autopilot systems market for regional jets

PART 09: Market segmentation by component

  • Market overview
  • Market size and forecast

PART 10: Geographical segmentation

  • Geographical segmentation by market share
  • Autopilot systems market in Americas
  • Autopilot systems market in EMEA
  • Autopilot systems in APAC

PART 11: Market drivers

PART 12: Impact of drivers

PART 13: Market challenges

PART 14: Impact of drivers and challenges

PART 15: Market trends

PART 16: Vendor landscape

  • Competitive scenario

PART 17: Key vendor analysis

  • Genesys Aerosystems
  • Honeywell International
  • Lockheed Martin
  • Rockwell Collins
  • Other prominent vendors

PART 18: Appendix

  • List of abbreviations

PART 19: Explore Technavio

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
Technavio

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
Technavio

TechnavioREPORT WRITING

Qualitative

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

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>