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Global Autopilot Systems Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Global Autopilot Systems Market 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “A rise in demand for the automation of software systems will trigger market growth. Human errors have escalated poor aircraft control and landing issues. System automation and the adoption of autopilot technology will help aircraft and UAVs to land safely and will ensure quality service. Many developed and developing countries are making heavy investments in the defense sector to facilitate the smooth flow of both aircraft and marine vehicles, increasing their number.”
• Autopilot systems are an integral part of vehicle management systems, and are used to control and monitor vehicles in the absence of a human operator. Autopilot systems are used in aviation, missiles (unmanned), spacecraft, and shipping. They consist of three major components: a programmer or mode selector, a computer system, and an actuator.
• The global autopilot systems market was valued at $2.96 billion in 2014 and will reach $4.11 billion by 2019, growing at a CAGR of 6.78%.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Autopilot Systems Market 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our report:
Global Autopilot Systems Market 2015-2019
Furuno
Garmin
Genesys Aerosystems
Furuno was incorporated in 1951 and is headquartered in Nishinomiya City, Hyogo, Japan. It develops and markets marine and industrial electronics products and systems worldwide.
Garmin Cayman, which was incorporated in 2000 in the US, was a holding company for Garmin Corporation, a Taiwan-based company. As of March 2014, its headquarters was located in Schaffhausen, Switzerland.
Genesys Aerosystems was established in 2014 and is headquartered in Mineral Wells, Texas, US. It offers avionics solutions and technologies for rotorcraft and fixed wing aircraft. Its solutions include flight management systems, displays, hazard alerting, and engine and systems monitoring.
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Market Landscape• An autopilot system consists of several components such as GPS receivers,
gyro sensors, actuators, and application software to perform functions such as tracking and coupling, mode interception, deviation warning, altitude hold, wheel steering control, vertical speed, and heading mode.
• Some systems use computer software to track the position of an aircraft and control the management system accordingly.
• In 2014, the market was dominated by the Americas, followed by the EMEA and the APAC.
• The EMEA will observe steady growth during the forecast period, while the APAC is expected to have slow growth.
• Increased investments by the government, aviation, and transport sectors, a rise in demand for autopilot systems in China and Japan, and an increase in M&A will propel market growth in the APAC.
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Key Buying CriteriaGuest Bloggers
• Authenticity • Delivery • Price• Service
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Parameter Details
Performance Performance refers to the capability to handle complex processes in a variety of systems.
Reliability Reliability refers to the lifespan of the software.
Efficiency Efficiency refers to the capability of the software to control the aircraft.
Pricing The final pricing includes the cost of software with licensing and training expenses.
Complexity Complexity refers to the complex design of autopilot systems. Training costs could be high if the system design is complex.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Global Autopilot Systems Market 2015-2019
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