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Pulished Date February, 2020
ID: 8293
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Global Autopilot System Market Research Report – Segmented By Platform (Airborne, Land-based, Sea, Subsea), By Component (GPS, Gyros, Actuators, Software), By Application (Commercial, Defense & Security), By Geography – Forecast & Analysis (2020 - 2025)

Pulished: February, 2020
ID: 8293
Pages: 170

Autopilot System Market Size & Growth (2020 – 2025)

The global autopilot system market is a fast-growing market with an average CAGR of 7.8 % during the forecast period. As of 2019, the Autopilot System market industry is valued at 4.25 billion USD, and it is estimated to reach 7.91 billion USD by the year 2025. North America followed by Europe have the highest market share of Autopilot System market. But these developed regions will have very modest growth in the forecast period. Asia-Pacific (APAC) region which comes in third concerning market share has the highest average CAGR during the forecast period.

Global Autopilot System Market Analysis (2020 - 2025)

Drivers and Restraints

The autopilot system market is driven by the increasing need for aircraft, especially in the APAC region. Also, the growing demand for automation, higher fuel efficiency, safer cruise and reduction in driver fatigue to scrutinize dynamic changes are expected to boost the use of autopilot systems over the forecast period. The need for accuracy in the navigation system, minimization of human intervention and technological advancements in the autopilot systems for monitoring and controlling the trajectory in case of perilous situations to avoid accidents plays a significant role in driving the autopilot system market. Complexity in integration and communication with other support systems and inaccuracies in the software are the significant challenges faced by this market. The high maintenance costs and the changing government regulations act as a limitation for the autopilot systems market.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2019 – 2025

Base Year

2019

Forecast Period

2020 - 2025

Fastest Growing Market

Asia Pacific

Largest Market

North America

CAGR

7.8%

Segments Covered

Platform, Component, Application, and Geography

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Rockwell Collins, Honeywell, Genesys Aerosystems, Furuno, Garmin, Micropilot, Raymarine, DJI and more

The global Autopilot System Market is segmented and sub-segmented into following categories:

By Platform – Airborne, Land-based, Sea, Subsea

Based on the platform, Airborne has the highest market share as of 2018 because of the already developed autopilot system for aircraft. Cars (land-based) having autopilot mode is also on the increase but the technology is still not well developed, and there are very few places as of now where cars with autopilot mode are allowed to function.

By Component – GPS, Gyros, Actuators, Software

Based on the component, the software has the largest segment of the Autopilot System Market by type in 2018 and is projected to remain so in the forecast period. This is because as the autopilot technology becomes more and more advanced, it takes software to communicate between various components of the systems like GPS, Gyros, etc. So, the software has become an essential component in any Autopilot system.

By Application – Commercial, Defense & Security

Based on the application, the commercial segment has the largest market share as of 2018, and it is projected to remain so during the forecast period. The increase in demand for commercial aircraft due to high demand, especially from emerging economies like India and China is the reason for the commercial segment to lead the Autopilot System Market by the application.

Geographical Analysis:

North America Autopilot System Market commands the highest share followed by Europe as of 2019. This is because of large number of aircrafts in the region coupled with advancement in the autopilot system in the automobile industry. The market growth rate of Asia Pacific (APAC) region is the largest fueled by the recent economic boom in the aviation industry in countries like China, India, Indonesia, etc. Other regions such as Latin America and the Middle East & Africa is projected to have a considerably slower growth rate than the APAC region in the Autopilot Systems market.

Autopilot System Market Size By Region (2020 - 2025)

Autopilot System Market Key Players:

Rockwell Collins (U.S.), Honeywell (U.S.), Genesys Aerosystems (U.S.), Furuno (Japan), Garmin (Switzerland), Micropilot (Canada), Raymarine (U.S.), and DJI (China) are some of the key players in the autopilot system market.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Market Share Analysis                           

                5.2 Product Benchmarking                          

                5.3 Regional Presence                   

                5.4 Mergers & Acquistion Landscape                      

                5.5 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Autopilot System Market, by Platform                           

                                6.1.1 Airborne  

                                6.1.2 Land-based             

                                6.1.3 Sea             

                                6.1.4 Subsea      

                                6.1.5 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.6 Y-o-Y Growth Rate Analysis             

                                6.1.7 Market Attractiveness Index          

                6.2 Autopilot System Market, by Component                    

                                6.2.1 GPS            

                                6.2.2 Gyros        

                                6.2.3 Actuators 

                                6.2.4 Software  

                                6.2.5 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.6 Y-o-Y Growth Rate Analysis             

                                6.2.7 Market Attractiveness Index          

                6.3 Autopilot System Market, by, by Application                               

                                6.3.1 Commercial            

                                6.3.2 Defense & Security             

                                6.3.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.4 Y-o-Y Growth Rate Analysis             

                                6.3.5 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Aircraft Seat Actuation System Market, by Region                    

                7.2 North America - Market Analysis (2019-2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Platform             

                                7.2.3 By Component      

                                7.2.4 By Application        

                                7.2.5 Y-o-Y Growth Rate Analysis             

                                7.2.6 Market Attractiveness Index          

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Platform             

                                7.3.3 By Component      

                                7.3.4 By Application        

                                7.3.5 Y-o-Y Growth Rate Analysis             

                                7.3.6 Market Attractiveness Index          

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Platform             

                                7.4.3 By Component      

                                7.4.4 By Application        

                                7.4.5 Y-o-Y Growth Rate Analysis             

                                7.4.6 Market Attractiveness Index          

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Platform             

                                7.5.3 By Component      

                                7.5.4 By Application        

                                7.5.5 Y-o-Y Growth Rate Analysis             

                                7.5.6 Market Attractiveness Index          

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Platform             

                                7.6.3 By Component      

                                7.6.4 By Application        

                                7.6.5 Y-o-Y Growth Rate Analysis             

                                7.6.6 Market Attractiveness Index          

8. Key Player Analysis                                    

                8.1 Rockwell Collins (U.S.)                           

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Honeywell (U.S.)                      

                8.3 Genesys Aerosystems (U.S.)                              

                8.4 Furuno (Japan)                         

                8.5 Garmin (Switzerland)                             

                8.6 Micropilot (Canada)                

                8.7 Raymarine (U.S.)                      

                8.8 DJI (China)                  

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms of by platform,by component ,by application,by region, along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global Autopilot System  Market By Region, From 2020-2025 ( USD Billion )

  2. Global Autopilot System  Market By Platform, From 2020-2025 ( USD Billion )

  3. Global Airborne Market By Region, From 2020-2025 ( USD Billion )

  4. Global Land-based Market By Region, From 2020-2025 ( USD Billion )

  5. Global Sea Market By Region, From 2020-2025 ( USD Billion )

  6. Global Subsea Market By Region, From 2020-2025 ( USD Billion )

  7. Global Autopilot System  Market By Component, From 2020-2025 ( USD Billion )

  8. Global GPS Market By Region, From 2020-2025 ( USD Billion )

  9. Global Gyros Market By Region, From 2020-2025 ( USD Billion )

  10. Global Actuators Market By Region, From 2020-2025 ( USD Billion )

  11. Global Software Market By Region, From 2020-2025 ( USD Billion )

  12. Global Autopilot System  Market By Application, From 2020-2025 ( USD Billion )

  13. Global Commercial Market By Region, From 2020-2025 ( USD Billion )

  14. Global Defense & Security Market By Region, From 2020-2025 ( USD Billion )

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