Global Autopilot Systems Market is Expected to grow at a CAGR of 4.7% during Forecast 2016-2020

Albany, NY, Jan 03: Autopilot system is a major component of an aircraft, which is used to operate the aircraft without any pilot supervision. It consists of four major components the computer system, actuator, gyros, and global positioning service (GPS). The computer system is used to program the autopilot system and helps the pilots to interact with the GPS and the gyros, and transfers the data to the actuator, which then moves the aircraft. Autopilot systems enhance the aircraft control capability of a pilot and increase the cockpit efficiency by placing the aircraft in an auto-mode. It also reduces the overall operating costs. Currently, the role of autopilots has broadened significantly from pilot assistance to automated landing and taking full control of aircraft in emergency situations. However, autopilots can never replace a human operator but only assist in various operations such as monitoring the weather, systems, and trajectory.

The global autopilot systems market to grow at a CAGR of 4.7% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global autopilot systems market for 2016-2020. To calculate the market size, the report considers the application and the average price of aircraft type (narrow body, wide body, turboprop, and regional jet).

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Autopilot Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Genesys Aerosystems
- Honeywell International
- Lockheed Martin
- Rockwell Collins

Other prominent vendors
- Garmin
- Airware
- Cloud Cap Technology
- MicroPilot
- Trimble Navigation

Market driver
- Enhancement of safety standards
- For a full, detailed list, view our report

Market challenge
- Risks associated with high automation technology
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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