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Report Outlook
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 8.00 billion by 2029 | 6.14% | North America |
| By Type | By Application | By Region |
|---|---|---|
|
|
|
SCOPE OF THE REPORT
Autopilot System Market Overview
The autopilot system market is expected to grow at 6.14% CAGR from 2022 to 2029. It is expected to reach above USD 8.00 billion by 2029 from USD 4.68 billion in 2020.
An electrical, mechanical, or hydraulic system known as an “autopilot” is one that allows unmanned aerial vehicles (UAVs), maritime craft, and aircraft to operate autonomously. Together with flight director control and avionics systems, it is made up of a computer system, an actuator, and a global positioning system (GPS). These devices are intended to enhance the overall performance of the vessel while reducing the workload of the pilots during lengthy voyages. They can handle the steering wheel, check for route deviations, intercept the course, and keep the designated altitude. Several industries, including those in the automobile, agricultural, commercial aviation, military, and aerospace, use these systems.
One of the major reasons fueling market expansion is the rising aerospace and defense sectors. Also, the market development is being boosted by a notable rise in air travel and maritime activity, particularly in emerging economies. Improved situational awareness, precise navigation, and operational and fuel efficiency are among benefits of autopilot systems. Another growth-promoting factor is the UAV and drone industry’s increasing use of autopilot systems. The Attitude & Heading Reference Systems (AHRS), airspeed, magnetometers, accelerometers, gyroscopes, and flight control algorithms in the UAVs can all be managed by these systems. They are also used in drones to follow waypoints, monitor the path, and capture high-quality aerial images and movies. The market is expected to be further fueled by additional factors such as technological progress, an increase in the requirement for automation across industries, and significant research and development (R&D) efforts. The high cost of autopilot systems, operator dependence on them, and poor automation, which reduces situational awareness, are all predicted to restrain the growth of the worldwide autopilot system market.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion), (Thousand Units) |
| Segmentation | By Type, By Application, By Region |
| By Type |
|
| By Application |
|
| By Region |
|
The demand for reducing operational costs to improve profits, enhancing the efficiency and safety of flight operations, and facilitating flight automation is anticipated to drive growth in the global autopilot systems market. As a result, significant market players continue to spend in the creation of cutting-edge architectural high-end autopilot systems. They are also entering into strategic contracts to gain a competitive advantage in the market.
All global industries had been severely damaged by the Covid-19 epidemic. The Covid-19 epidemic has a negative effect on the world market for autopilot systems. The need for autopilot systems has significantly decreased as a result of the fall in air travel due to the widespread Covid-19 infection. Air traffic has considerably decreased as a result of the severe ban on air travel imposed by numerous countries’ harsh lockdown restrictions. The ongoing pandemic is still having an impact on the worldwide aviation sector. Due to a drop-in demand for autopilot systems brought on by the Covid-19 pandemic, the vendors of autopilot equipment have suffered losses. Nonetheless, the continuous vaccination program and decrease in Covid-19 cases are causing travel restrictions to be lifted in many nations and a slow recovery of international air traffic. The market is anticipated to rebound over the projected period due to an increase in the volume of air travelers and air freight during that time.
Autopilot System Market Segment Analysis
Autopilot system market is segmented based on type, application, and region.
Based on type, a significant portion of the market was made up of airborne platform. This is because advanced and developed autopilot systems are available for aircraft, airliners, and air taxis. As the aviation industry has changed, flight routes have expanded. Long-haul flights need the pilots to constantly monitor and maintain control, which wears them out. Aircraft autopilot systems help the pilot retain accurate navigational control. As the demand for accurate and dependable navigation systems to permit safe transit by aerial vehicles has increased, so has the necessity for autopilot systems. International aviation law norms and rules stipulate that all aircraft and airlines with a capacity of more than twenty seats must be equipped with an autopilot system. The stringent application of international law has contributed in the expansion of the airborne component.
Based on application, a significant portion of the market was made up of commercial. This is brought on by an increase in the number of passengers flying and a surge in the demand for commodities being transported from developing nations like China and India. Airlines are private aircraft used for commercial air travel. High speed and reduced transit times, which enable the transportation of people and goods across longer distances in less time, are further elements influencing the segment’s growth. Because of the enhanced level of security and decreased demand for bulky packing, the commercial aviation market is expanding. Other benefits of air travel are quick service and distribution protection. As demand for air freight develops, there will likely be a greater market demand for autopilot systems in commercial vehicles.
Autopilot System Market Players
The market research report covers the analysis of market players. Key companies profiled in the report include Bell Textron, Garmin Ltd, Cobham Plc, Furuno, Micropilot, Raymarine Ltd, BAE Systems Plc, TMQ International, Moog Inc., Meggitt Plc
- On June 2021, Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced that the Genesys HeliSAS autopilot in the Bell 505 has received certification from the United Kingdom’s Civil Aviation Authority (CAA).
- Garmin® International, Inc., a unit of Garmin Ltd., announced it has received Federal Aviation Administration (FAA) Supplemental Type Certification (STC) for the GFC™ 500 autopilot in additional aircraft to include select Beechcraft 19/23/24. The GFC 500 autopilot is intended for light piston aircraft delivered superior in-flight characteristics, self-monitoring capabilities and minimal maintenance requirements when compared to older generation autopilot systems.
Who Should Buy? Or Key Stakeholders
- Raw material manufactures
- Government and Research Organization
- Investment research firms
- Suppliers and Distributors
- State and National Regulatory Authorities
- Others
Autopilot System Market Regional Analysis
The autopilot system market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN, and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina, and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
With a market revenue share of more than 38% in 2021, the North America region held the top spot. This can be due to the expanding aviation industry in the area. In the North American region, there are likely to be many aircraft and developments in autopilot technology. Technical developments are enabling the development of incredibly effective autopilot systems. The demand for flight safety has resulted in tremendous expansion for the North American autopilot systems business. The demand for accurate navigation and pilot aid during long-haul flights is expanding, which is driving the market for autopilot systems in the area. The development of the aviation and defence industries is driving the rising demand for autopilot systems. North America’s autopilot system market is dominated by the United States due to the presence of established major market participants in the area.
Key Market Segments: Autopilot System Market
Autopilot System Market By Type, 2020-2029, (USD Billion), (Thousand Units)
- Airborne Platform
- Land-Based Platform
- Sea Platform
- Subsea Platform
Autopilot System Market By Application, 2020-2029, (USD Billion), (Thousand Units)
- Commercial
- Defense
- Others
Autopilot System Market By Region, 2020-2029, (USD Billion), (Thousand Units)
- North America
- Asia Pacific
- Europe
- South America
- Middle East and Africa
Important Countries In All Regions Are Covered.
Exactitude Consultancy Services Key Objectives:
- Increasing sales and Market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the autopilot system market over the next 7 years?
- Who are the major players in the autopilot system market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as asia-pacific, middle east, and africa?
- How is the economic environment affecting the autopilot system market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the autopilot system market?
- What is the current and forecasted size and growth rate of the global autopilot system market?
- What are the key drivers of growth in the autopilot system market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the autopilot system market?
- What are the technological advancements and innovations in the autopilot system market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the autopilot system market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the autopilot system market?
- What are the products offerings and specifications of leading players in the market?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL AUTOPILOT SYSTEM MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON AUTOPILOT SYSTEM MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL AUTOPILOT SYSTEM MARKET OUTLOOK
- GLOBAL AUTOPILOT SYSTEM MARKET BY TYPE, 2020-2029, (USD BILLION), (THOUSAND UNITS)
- AIRBORNE PLATFORM
- LAND-BASED PLATFORM
- SEA PLATFORM
- SUBSEA PLATFORM
- GLOBAL AUTOPILOT SYSTEM MARKET BY APPLICATION, 2020-2029, (USD BILLION), (THOUSAND UNITS)
- COMMERCIAL
- DEFENSE
- OTHERS
- GLOBAL AUTOPILOT SYSTEM MARKET BY REGION, 2020-2029, (USD BILLION), (THOUSAND UNITS)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
-
- BELL TEXTRON
- GARMIN LTD
- COBHAM PLC
- FURUNO
- MICROPILOT
- RAYMARINE LTD
- BAE SYSTEMS PLC
- TMQ INTERNATIONAL
- MOOG INC.
- MEGGITT PLCÂ *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1 GLOBAL AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 2 GLOBAL AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 3 GLOBAL AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 4 GLOBAL AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 5 GLOBAL AUTOPILOT SYSTEM MARKET BY REGION (USD BILLION), 2020-2029
TABLE 6 GLOBAL AUTOPILOT SYSTEM MARKET BY REGION (THOUSAND UNITS), 2020-2029
TABLE 7 NORTH AMERICA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 8 NORTH AMERICA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 9 NORTH AMERICA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 10 NORTH AMERICA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 11 NORTH AMERICA AUTOPILOT SYSTEM MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 12 NORTH AMERICA AUTOPILOT SYSTEM MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 13 US AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 14 US AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 15 US AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 16 US AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 17 CANADA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 18 CANADA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 19 CANADA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 20 CANADA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 21 MEXICO AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 22 MEXICO AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 23 MEXICO AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 24 MEXICO AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 25 SOUTH AMERICA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 26 SOUTH AMERICA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 27 SOUTH AMERICA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 28 SOUTH AMERICA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 29 SOUTH AMERICA AUTOPILOT SYSTEM MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 30 SOUTH AMERICA AUTOPILOT SYSTEM MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 31 BRAZIL AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 32 BRAZIL AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 33 BRAZIL AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 34 BRAZIL AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 35 ARGENTINA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 36 ARGENTINA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 37 ARGENTINA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 38 ARGENTINA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 39 COLOMBIA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 40 COLOMBIA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 41 COLOMBIA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 42 COLOMBIA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 43 REST OF SOUTH AMERICA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 44 REST OF SOUTH AMERICA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 45 REST OF SOUTH AMERICA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 46 REST OF SOUTH AMERICA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 47 ASIA-PACIFIC AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 48 ASIA-PACIFIC AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 49 ASIA-PACIFIC AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 50 ASIA-PACIFIC AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 51 ASIA-PACIFIC AUTOPILOT SYSTEM MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 52 ASIA-PACIFIC AUTOPILOT SYSTEM MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 53 INDIA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 54 INDIA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 55 INDIA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 56 INDIA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 57 CHINA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 58 CHINA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 59 CHINA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 60 CHINA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 61 JAPAN AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 62 JAPAN AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 63 JAPAN AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 64 JAPAN AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 65 SOUTH KOREA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 66 SOUTH KOREA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 67 SOUTH KOREA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 68 SOUTH KOREA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 69 AUSTRALIA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 70 AUSTRALIA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 71 AUSTRALIA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 72 AUSTRALIA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 73 SOUTH EAST ASIA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 74 SOUTH EAST ASIA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 75 SOUTH EAST ASIA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 76 SOUTH EAST ASIA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 77 REST OF ASIA PACIFIC AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 78 REST OF ASIA PACIFIC AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 79 REST OF ASIA PACIFIC AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 80 REST OF ASIA PACIFIC AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 81 EUROPE AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 82 EUROPE AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 83 EUROPE AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 84 EUROPE AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 85 EUROPE AUTOPILOT SYSTEM MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 86 EUROPE AUTOPILOT SYSTEM MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 87 GERMANY AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 88 GERMANY AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 89 GERMANY AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 90 GERMANY AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 91 UK AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 92 UK AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 93 UK AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 94 UK AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 95 FRANCE AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 96 FRANCE AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 97 FRANCE AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 98 FRANCE AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 99 ITALY AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 100 ITALY AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 101 ITALY AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 102 ITALY AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 103 SPAIN AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 104 SPAIN AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 105 SPAIN AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 106 SPAIN AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 107 RUSSIA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 108 RUSSIA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 109 RUSSIA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 110 RUSSIA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 111 REST OF EUROPE AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 112 REST OF EUROPE AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 113 REST OF EUROPE AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 114 REST OF EUROPE AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 115 MIDDLE EAST AND AFRICA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 116 MIDDLE EAST AND AFRICA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 117 MIDDLE EAST AND AFRICA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 118 MIDDLE EAST AND AFRICA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 119 MIDDLE EAST AND AFRICA AUTOPILOT SYSTEM MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 120 MIDDLE EAST AND AFRICA AUTOPILOT SYSTEM MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 121 UAE AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 122 UAE AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 123 UAE AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 124 UAE AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 125 SAUDI ARABIA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 126 SAUDI ARABIA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 127 SAUDI ARABIA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 128 SAUDI ARABIA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 129 SOUTH AFRICA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 130 SOUTH AFRICA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 131 SOUTH AFRICA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 132 SOUTH AFRICA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 133 REST OF MIDDLE EAST AND AFRICA AUTOPILOT SYSTEM MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 134 REST OF MIDDLE EAST AND AFRICA AUTOPILOT SYSTEM MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 135 REST OF MIDDLE EAST AND AFRICA AUTOPILOT SYSTEM MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 136 REST OF MIDDLE EAST AND AFRICA AUTOPILOT SYSTEM MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL AUTOPILOT SYSTEM MARKET BY TYPE, USD BILLION, 2020-2029
FIGURE 9 GLOBAL AUTOPILOT SYSTEM MARKET BY APPLICATION, USD BILLION, 2020-2029
FIGURE 10 GLOBAL AUTOPILOT SYSTEM MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 11 PORTER’S FIVE FORCES MODEL
FIGURE 12 GLOBAL AUTOPILOT SYSTEM MARKET BY TYPE, USD BILLION, 2021
FIGURE 13 GLOBAL AUTOPILOT SYSTEM MARKET BY APPLICATION, USD BILLION, 2021
FIGURE 14 GLOBAL AUTOPILOT SYSTEM MARKET BY REGION, USD BILLION, 2021
FIGURE 15 MARKET SHARE ANALYSIS
FIGURE 16 BELL TEXTRON: COMPANY SNAPSHOT
FIGURE 17 GARMIN LTD: COMPANY SNAPSHOT
FIGURE 18 COBHAM PLC: COMPANY SNAPSHOT
FIGURE 19 FURUNO: COMPANY SNAPSHOT
FIGURE 20 MICROPILOT: COMPANY SNAPSHOT
FIGURE 21 RAYMARINE LTD: COMPANY SNAPSHOT
FIGURE 22 BAE SYSTEMS PLC: COMPANY SNAPSHOT
FIGURE 23 TMQ INTERNATIONAL: COMPANY SNAPSHOT
FIGURE 24 MOOG INC.: COMPANY SNAPSHOT
FIGURE 25 MEGGITT PLC: COMPANY SNAPSHOT
FAQ
The autopilot system market is expected to grow at 6.14% CAGR from 2022 to 2029. It is expected to reach above USD 8.00 Billion by 2029 from USD 4.68 Billion in 2020.
North America held more than 38% of the autopilot system market revenue share in 2021 and will witness expansion in the forecast period.
The growing aerospace and military industries are one of the key factors driving market expansion. A considerable increase in air travel and maritime activities, particularly in emerging economies, is also helping the sector flourish. Benefits of autopilot systems include improved situational awareness, precise navigation, and operational and fuel efficiency.
Asia Pacific region held the top spot. Due to the growing environmental concerns, China has banned traditional fossil fuel-powered scooters from all of its main cities in an effort to cut pollution, which has increased the country’s e-scooter sales. The usage of tools powered by lithium-ion batteries has expanded as a result of Asia Pacific’s ascent to prominence as a hub for global manufacturing.
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