In Flight Autopilot Systems Market : Industry Analysis, Opportunity Assessment and Forecast upto 2021
The competitive scenario for in-flight autopilot systems is highly consolidated, making it difficult for new players to enter the market. Rockwell Collins, Inc., Honeywell International, Inc., and Garmin Ltd. were the top three players in the market in 2014, when they collectively held 63% of the in-flight autopilot systems market.
L3 Communications Holding, Inc. and BAE System Plc. are some of the other key providers of in-flight autopilot systems. Less than a quarter of the global market was shared by regional players in 2014, signifying the niche characteristics of in-flight autopilot systems.
Key providers of in-flight autopilot systems are expected to be impacted by the recent advancements in aviation technology, including digital flight control integration and the heavy use of sensors in defense and military vehicles.
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One of the key drivers increasing the demand for in-flight autopilot systems is the current evolutionary phase in the aviation industry, wherein automation is a core requirement. Technological advancements in both industries are making it easier for advanced in-flight autopilot systems to be used in situations where human guidance can be kept to a minimum while the autopilot systems manages tracking and guidance at a highly efficient level.
This also includes the demand for autopilot landing systems that can ensure the safe landing of planes in weather where human guidance might fail due to lowered vision and other issues.
This 109 page report gives readers a comprehensive overview of the In Flight Autopilot Systems Market. Browse through Table. Browse through 36 figures and 15 data tables to unlock the hidden opportunities in this market.
“As an ancillary industry, developers of in-flight autopilot systems are completely reliant on the aircraft industry for their revenue,” states a TMR analyst. “This can often put them under pressure due to the currently turbulent nature of the aircraft industry itself.”
Even major airlines have closed or reduced operations in recent times, dealing a heavy blow to the in-flight autopilot systems industry. These companies include Air Onix, Air Lituanica, and Airlinair, whose cessation of operations has created huge shortfalls in the demand for in-flight autopilot systems.
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The revenue earned globally in the in-flight autopilot systems market is expected to progress at a CAGR of 4.6% within a forecast period from 2015 to 2021. This market is expected to reach US$8.14 bn by the end of 2021.
Flight director systems will consistently hold the largest revenue generation scope between 2015 and 2021, by the end of which period it is expected to generate US$2.43 bn in revenue.
Fixed wing aircraft are the leading contributors to the in-flight autopilot systems market. This segment is expected to reach US$6.36 bn by the end of 2021.
Key Takeaways:
North America leads global market, expected to reach US$3.82 bn by 2021.
Commercial aircraft in-flight autopilot systems remain most popular avenue, expected to reach US$5.2 bn by 2021.
By the end of 2016, flight director systems expected to reach close to US$1.98 bn in revenue.
Key Segments of the Global In-flight Autopilot Systems Market
Global In-Flight Autopilot Systems, by System Type
Flight Director System
Attitude and Heading Reference System
Avionics System
Flight Control System
Others
Global In-Flight Autopilot Systems, by Aircraft Type
Rotary Wings
Fixed Wings
Global In-Flight Autopilot Systems, by Application
Commercial Aircraft
Military Aircraft
Civilian Aircraft
Global In-Flight Autopilot Systems, by Geography
North America
Europe
Asia Pacific
Rest of the World
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Anchor Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
L3 Communications Holding, Inc. and BAE System Plc. are some of the other key providers of in-flight autopilot systems. Less than a quarter of the global market was shared by regional players in 2014, signifying the niche characteristics of in-flight autopilot systems.
Key providers of in-flight autopilot systems are expected to be impacted by the recent advancements in aviation technology, including digital flight control integration and the heavy use of sensors in defense and military vehicles.
Obtain Report Details @
https://www.transparencymarketresearch.com/inflight-autopilot-systems-market.html
One of the key drivers increasing the demand for in-flight autopilot systems is the current evolutionary phase in the aviation industry, wherein automation is a core requirement. Technological advancements in both industries are making it easier for advanced in-flight autopilot systems to be used in situations where human guidance can be kept to a minimum while the autopilot systems manages tracking and guidance at a highly efficient level.
This also includes the demand for autopilot landing systems that can ensure the safe landing of planes in weather where human guidance might fail due to lowered vision and other issues.
This 109 page report gives readers a comprehensive overview of the In Flight Autopilot Systems Market. Browse through Table. Browse through 36 figures and 15 data tables to unlock the hidden opportunities in this market.
“As an ancillary industry, developers of in-flight autopilot systems are completely reliant on the aircraft industry for their revenue,” states a TMR analyst. “This can often put them under pressure due to the currently turbulent nature of the aircraft industry itself.”
Even major airlines have closed or reduced operations in recent times, dealing a heavy blow to the in-flight autopilot systems industry. These companies include Air Onix, Air Lituanica, and Airlinair, whose cessation of operations has created huge shortfalls in the demand for in-flight autopilot systems.
Get Sample copy of the Report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8092
The revenue earned globally in the in-flight autopilot systems market is expected to progress at a CAGR of 4.6% within a forecast period from 2015 to 2021. This market is expected to reach US$8.14 bn by the end of 2021.
Flight director systems will consistently hold the largest revenue generation scope between 2015 and 2021, by the end of which period it is expected to generate US$2.43 bn in revenue.
Fixed wing aircraft are the leading contributors to the in-flight autopilot systems market. This segment is expected to reach US$6.36 bn by the end of 2021.
Key Takeaways:
North America leads global market, expected to reach US$3.82 bn by 2021.
Commercial aircraft in-flight autopilot systems remain most popular avenue, expected to reach US$5.2 bn by 2021.
By the end of 2016, flight director systems expected to reach close to US$1.98 bn in revenue.
Key Segments of the Global In-flight Autopilot Systems Market
Global In-Flight Autopilot Systems, by System Type
Flight Director System
Attitude and Heading Reference System
Avionics System
Flight Control System
Others
Global In-Flight Autopilot Systems, by Aircraft Type
Rotary Wings
Fixed Wings
Global In-Flight Autopilot Systems, by Application
Commercial Aircraft
Military Aircraft
Civilian Aircraft
Global In-Flight Autopilot Systems, by Geography
North America
Europe
Asia Pacific
Rest of the World
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Anchor Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com