In-flight Autopilot Systems

In-flight Autopilot Systems Market
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Global In-flight Autopilot Systems Market
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REPORT DESCRIPTION
The growing focus on improving the operational safety and efficiency of aircraft has greatly fueled the global in-flight
autopilot systems market in recent years, according to Transparency Market Research. In a report titled “In-flight
Autopilot Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” TMR
states that the global market for in-flight autopilot systems will expand at a 4.60% CAGR from 2015 to 2021. The
value of the market was pegged at US$6.1 bn in 2014 and is estimated to rise to US$8.4 bn in 2021.
Detailed Information for the Market of In-flight Autopilot Systems is available at:
http://www.transparencymarketresearch.com/inflight-autopilot-systems-market.html
An autopilot system comprises a set of devices used to control as well as guide an aircraft with no direct assistance
from the pilot. While autopilot systems were earlier only capable of maintaining the altitude and heading of the
aircraft, today they can control almost every function right from take-off to landing. The use of in-flight autopilot
systems helps improve the accuracy of navigation and aids in reducing the consumption of fuel.
The global in-flight autopilot systems market is propelled by the rising need for automation in the aviation industry
and the surge in ongoing research and development activities to improve various system features.
By system type, the in-flight autopilot systems market is segmented into attitude and heading reference systems,
flight control system, flight director system, avionics systems, and others. In 2014, flight director systems held the
largest share in the overall market in terms of revenue.
On the basis of aircraft type, the in-flight autopilot systems market is bifurcated into fixed-wing and rotary wing
aircraft. The demand for in-flight autopilot systems is the highest in fixed wing aircraft owing to their rising
applications in improving the safety parameters and operational efficiency of the flights.
By application, the in-flight autopilot systems market is categorized into military, commercial, and civilian. In 2014,
commercial aircraft held the largest revenue share of over 60% in the global in-flight autopilot systems market,
driven by the surge in the number of air passengers. The rising demand for in-flight autopilot systems can also be
attributed to the growing focus of airline companies on automating flights.
The global in-flight autopilot systems market is segmented on the basis of geography into Asia Pacific, Europe, North
America, and Rest of the World. Accounting for a share of over 46% in 2014, North America has emerged as the
leading regional segment of the in-flight autopilot systems market in terms of revenue. The market in this region is
particularly driven by the growing need for accuracy in navigation systems. Europe is the second largest market for
in-flight autopilot systems and, in 2014, held a share of over 35%.
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Making the most of the in-flight autopilot systems market are players such as Airware, Inc, Lockheed Martin
Corporation, L-3 Communication Inc., Garmin Ltd., Genesys Aerosystems Group, Inc., RockwellCollins, Inc.,
Honeywell International Inc., MicroPilot Inc., Cloud Cap Technology Inc., and BAE Systems Inc. These participants are
studied in the research report based on attributes such as company overview, recent developments, financial
standing, business strategies, and a SWOT analysis that sheds light on the strengths, weaknesses, opportunities,
and threats of each company.
In-flight autopilot systems market, by System type
> Flight Director System
> Attitude and Heading Reference System
> Avionics Systems
> Flight Control System
> Others
In-flight autopilot systems market, by Aircraft type
> Rotary Wings Aircraft
> Fixed-Wing Aircraft
In-flight autopilot systems market, by Application
> Commercial Aircrafts
> Military Aircrafts
> Civilian Aircrafts
In-flight autopilot systems market, by Geography
North America
> U.S.
> Canada
> Mexico
Europe
> United Kingdom
> France
> Germany
> Italy
> Rest of Europe
Asia Pacific
> China
> India
> Japan
> Oceania
> Rest of Asia Pacific
Rest of the World
> Brazil
> Argentina
> Others
Brochure for the Report of In-flight Autopilot Systems Market can be downloaded at:
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About TMR
Transparency Market Research (TMR) is a global market intelligence company, providing global business
information reports and services. Our exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts,
Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather
and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always
reflects the latest trends and information. With a broad research and analysis capability, Transparency
Market Research employs rigorous primary and secondary research techniques in developing distinctive
data sets and research material for business reports.
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In-flight autopilot systems can be defined as a system which is used to control the trajectory of the aircraft without any direct 'hands-on' manual control by a human operator. In-flight autopilot systems find application not only during the course of the flight but also during takeoffs and landings. Factors such as increasing automation of the aviation industry coupled with increasing focus towards safety parameters of the flights are driving the market for in-flight autopilot systems market.