Autopilot Systems Market Trends, Scope, Demand, Opportunity and Forecast by 2025

23/nov/2020 13:05:24 IMARC Group Contatta l'autore

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According to the latest report by IMARC Group titled, “Global Autopilot Systems Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2020-2025”, the market to grow at a CAGR of around 5% during 2020-2025.

An autopilot system is designed for aerial, marine and unmanned aerial vehicles (UAVs) to operate without the assistance of a pilot. It comprises an actuator, computer system and programmer, in which the computer receives the programmer information and transmits it to an actuator. It assists in minimizing the workload of the pilot, especially during long travels, and improving the overall performance of the vessel.

Factors such as increasing automation, rising need for accuracy in navigation systems and minimizing human intervention are driving the autopilot systems market growth around the world. Furthermore, as these systems consume less fuel as compared to manual systems, enhance flight operation safety and efficiency, they are attracting several players to enter the market. Apart from this, increasing air travel and water transportation activities across the globe, along with the burgeoning aerospace and defense sectors, are some of the other factors that are anticipated to bolster the market growth in the coming years.

Request for a sample copy of this report: https://www.imarcgroup.com/autopilot-systems-market/requestsample

Breakup by Product Type:

1. Rotary Wing Aircraft

2. Fixed Wing Aircraft
 
Breakup by Component:

1. GPS (Global Positioning System)

2. Gyroscope

3. Software

4. Actuators
 
Breakup by Platform:

1. Airborne Platform

2. Land Based

3. Sea

4. Subsea

View Report TOC, Figures and Tables: https://www.imarcgroup.com/autopilot-systems-market
 
Breakup by System:

1. Attitude and Heading Reference System

2. Flight Director System

3. Flight Control System

4. Avionics System

5. Others
 
Breakup by Application:

1. Commercial

2. Civil

3. Military
 
Breakup by Region:

1. North America

2. Asia Pacific

3. South Korea

4. United Kingdom

5. Latin America

6. Middle East and Africa
 
Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Bae Systems PLC, Cloud Cap Technology Inc., Furuno Electric Co. Ltd., Garmin International Inc., Genesys Aerosystems Group Inc., Honeywell International Inc., Lockheed Martin Corporation, Micropilot Inc., Rockwell Collins Inc., Trimble Inc, etc.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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