in-flight-autopilot-systems-market

In-flight Autopilot Systems Market By System Type (Flight Director System, Attitude and Heading Reference System, Avionics System, Flight Control System, Others), By Aircraft (Rotary Wings Aircraft, Fixed-Wing Aircraft), By Application (Commercial Aircraft, Military Aircraft, Civilian Aircraft) - Growth, Future Prospects & Competitive Analysis, 2017 - 2025

10 Oct 2017 Format PDF icon PPT icon XLS icon Request Sample

In-flight autopilot systems form an integral part of a flight management system. It greatly reduces human intervention with regards to monitoring of the aircraft. In-flight autopilot system renders various functions such as course deviation warning, course tracking and coupling, altitude hold, vertical speed and heading mode among others. Often in-flight autopilot systems make use of computer software to control the aircraft. Moreover, many in-flight autopilots incorporate thrust control capabilities which are used to control throttles and ultimately optimize the airspeed. Nowadays, in-flight autopilot systems are increasingly being deployed across all kinds of aircraft considering the superior operational efficiency it offers. 

The overall in-flight autopilot systems market is primarily driven by the increasing focus towards automation on the part of the airline companies. The installation of these systems in the aircraft improves the operational efficiency as well as safety of the aircraft. These systems come in handy during times of turbulent weather and low visibility as it enables the safe landing of the aircraft in such situations. In addition, pilots operating in long haul flights often make use of these systems as it helps reduce their fatigue. The installation of in-flight autopilots in aircraft with more than twenty seats is generally made mandatory by international aviation regulations. Considering the numerous benefits associated with the installation of in-flight autopilot systems in an aircraft, the market is set to continue growing steadily in the following years. 

The report titled “Global In-Flight Autopilot Systems Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global in-flight autopilot systems market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based on system type, aircraft type, application and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.

In order to help strategic decision makers, the report also includes competitive profiling of the leading in-flight autopilot systems market vendors, their business strategy analysis, market positioning and key developments. Some of the major players profiled in the report are Lockheed Martin Corporation, Rockwell Collins, Inc., Garmin Ltd., Airware, Inc., Honeywell International, Inc., BAE Systems Plc., L-3 Communication Holding, Inc., MicroPilot, Inc., Cloud Cap Technology, Inc. and Genesys Aerosystems Group, Inc. among others.  Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the in-flight autopilot systems market
  • Comparative analysis for different segments for the years 2016 & 2025
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis including the positioning of market players and their business strategy analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global in-flight autopilot systems market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

As of 2016, the overall in-flight autopilot systems worldwide market is led by the commercial aircraft segment. The segment contributes to more than half of the total market revenue, as of 2016. The installation of in-flight autopilot systems in aircraft with more than twenty seats has been made mandatory as per the international aviation regulations. This move in particular has triggered the demand for in-flight autopilot systems in the commercial aviation segment. Moreover, the increasing quest for the airline operators to reduce the fuel consumption has further added to the increased demand for these systems in the area of commercial aviation. In addition, the increasing number of domestic and international air passengers across the world is also contributing to the growth of the commercial aircraft segment.

The military aircraft segment follows the commercial aircraft segment, in terms of revenue. Its growth is primarily attributed to the ongoing defense modernization programs across various countries. Automation of the aviation vehicles in the defense sector with the introduction of the latest in-flight autopilot systems is one of the main focus for the various defense organizations. With the consistently growing expenditure over the defense sector across different countries, the military aircrafts segment would continue exhibiting strong growth over the forecast period.

The global in-flight autopilot systems market is dominated by the North America region. As of 2016, the region accounts for more than forty percent of the overall market revenue generated worldwide. The in-flight autopilot systems market here is majorly attributed to the continuous defense modernization programs undertaken by the U.S. government. These modernization initiatives are directed towards equipping the automated aviation vehicles in the defense sector with the latest in-flight autopilot systems. Moreover, the growth of the market in this region is also driven by the need to comply with strict safety regulations by leveraging modern technology for passengers and airlines.

The North America in-flight autopilot systems market is followed by Europe in terms of revenue. A well-developed air network in the region, which makes it easier to embrace automation is attributable to the growth of the in-flight autopilot systems market here. The Asia Pacific market growth is the result of an increasing number of air passengers. Major markets for in-flight autopilot systems in the Asia Pacific region includes China, Japan and India among others.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of In-flight Autopilot Systems market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the In-flight Autopilot Systems market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Type
  • Flight Director System
  • Attitude and Heading Reference System
  • Avionics System
  • Flight Control System
  • Others

Aircraft
  • Rotary Wings Aircraft
  • Fixed-Wing Aircraft

Application
  • Commercial Aircraft
  • Military Aircraft
  • Civilian Aircraft

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of In-flight Autopilot Systems market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the In-flight Autopilot Systems market?
  • Which is the largest regional market for In-flight Autopilot Systems market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving In-flight Autopilot Systems market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the In-flight Autopilot Systems market worldwide?
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