The Business Research Company’s report on the Autopilot System Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the autopilot system market further?
An increase in the number of air passengers is expected to propel the growth of the autopilot system market going forward. An air passenger is a person who travels by plane or other means of air transportation. A rise in air passenger traffic can lead to a greater requirement for automated assistance in air traffic control. The function of automation in air traffic control is becoming increasingly significant as the number of flights handled each year grows at an exponential rate. Additionally, a rise in both business and leisure travel has resulted from the extended lockdown during the COVID-19 outbreak. For instance, the number of passengers carried by air increased by 65% from January to April 2022 compared to April 2021, while the number of aircraft flight departures increased by 30%, according to a report released in May 2022 by the International Civil Aviation Organization (ICAO), a UN agency and global forum for civil aviation. Therefore, an increase in the number of air passengers is driving the autopilot system market.
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What are the key factors influencing the forecasted market size of the autopilot system industry?
The autopilot system market size has grown strongly in recent years. It will grow from$5.61 billion in 2024 to $5.98 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to aviation safety advancements, airline industry growth, regulatory standards and compliance, enhanced aircraft performance, and the rise of commercial aviation
The autopilot system market size is expected to see strong growth in the next few years. It will grow to “$7.98 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to the growing demand for passenger safety, integration with next-gen aircraft, focus on fuel efficiency, regulatory compliance updates, and advancements in AI and machine learning. Major trends in the forecast period include software and firmware upgrades, a focus on redundancy and safety, advanced unmanned aerial vehicles (UAVs), human-machine interface innovation, and enhanced sensor technology.
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Who are the leading competitors in the autopilot system market?
Major companies operating in the autopilot system market include Rockwell Collins Inc., BAE Systems plc, Cloud Cap Technology Inc., Furuno Electric Co. Ltd., Garmin International Inc., Genesys Aerosystems Group Inc., Honeywell International Inc., Micropilot Inc., Raymarine Ltd., Moog Inc., Safran SA, Parker Meggitt plc, Lockheed Martin Corporation, Century Flight Systems Inc., Cobham Limited, TMQ International Pty. Ltd., Thales Group, Avidyne Corporation, Dynon Avionics, SEA MACHINES Robotics Inc., West Marine, Kobelt Manufacturing Co. Ltd., Comnav Marine Ltd., Brunswick Corporation, Octopus Autopilot Drives systems, Trimble Navigation Limited, Raytheon Anschütz GmbH, The Mercedes-Benz Group AG
Which emerging trends are set to transform the autopilot system market landscape?
Technological advancements are a key trend gaining popularity in the autopilot system market. Major companies operating in the autopilot system sector are focused on developing new innovative technological solutions to strengthen their position in the market. For instance, in February 2023, Reliable Robotics Corp., a US-based developer of aircraft automation systems, introduced an advanced autopilot system for aircraft with high-precision navigation that will enhance aviation safety by enabling all-weather auto-taxi, auto-takeoff, and auto-landing, without the need for ground infrastructure. This innovative technology serves as the foundation for a continuous engagement autopilot, which will prevent loss of control in flight, controlled flight into terrain, fuel mismanagement, and other causes of fatal aircraft accidents.
How do different geographies compare in terms of market share and growth potential in the autopilot system market?
North America was the largest region in the autopilot system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global autopilot system market during the forecast period. The regions covered in the autopilot system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Which major segments of the autopilot system market are experiencing the fastest growth?
The autopilot system market covered in this report is segmented –
1) By System: Attitude And Heading Reference System, Flight Control System, Flight Director System, Avionics System
2) By Product Type: Rotary Wing Aircraft, Fixed Wing Aircraft
3) By Platform: Airborne, Sea, Subsea, Land-Based
4) By Application: Military, Defense, Commercial
Subsegments:
1) By Attitude And Heading Reference System (AHRS): Inertial Reference Units, Gyroscopic Sensors, Magnetometers
2) By Flight Control System (FCS): Primary Flight Control Systems, Secondary Flight Control Systems, Automatic Flight Control Systems
3) By Flight Director System (FDS): Vertical Flight Director, Lateral Flight Director, Integrated Flight Director Systems
4) By Avionics System: Navigation Systems, Communication Systems, Surveillance Systems, Display Systems
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How is the autopilot system market defined, and what are its core characteristics?
An autopilot system is an electrical, mechanical, or hydraulic system that allows aerial, marine and unmanned aerial vehicles (UAVs) to operate autonomously. It consists of a computer system, actuator, and global positioning service (GPS), along with flight director control and avionics systems. These systems are used to minimize the workload of the pilots over long travels while also improving the vessel’s overall performance.
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