Global Commercial Aircraft Autopilot System Market to grow at a CAGR of 4.55% during 2014-2019; Finds New Report

Report forecast the global commercial aircraft autopilot system market to grow at a CAGR of 4.55% over the period 2014-2019.

Autopilot systems operate, control, and monitor aircraft without constant supervision by the pilot. They consist of four major components: computer systems, actuators, gyros, and GPS. Computer systems allow pilots to program the autopilot system, helps them interact with the GPS and gyros, and transfers the information to an actuator. Autopilot systems enhance a pilot’s aircraft control capabilities and boost efficiency in auto-mode, thus, reducing overall operating costs.

The report includes the present scenario and the growth prospects of the global commercial aircraft autopilot system market for the period 2015-2019. The report provides a global overview, market segmentation by component, and growth prospects by region (the Americas, APAC, and EMEA). The report also includes the market landscape and a corresponding detailed analysis of the prominent vendors. In addition, the report discusses the major drivers influencing market growth, outlines the challenges faced by vendors and the market as a whole, and identifies the key trends in the market.

Global Commercial Aircraft Autopilot System Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; and growth prospects of the market in the coming years. The report includes a discussion on the key vendors operating in this market.

According to the report, there has been an increase in the number of aircraft fleet with growing demand for air travel. In 2014, there were more than 20,000 aircraft in service globally, which would double in the next 20 years. Emerging regions like Asia and the Middle East will likely have more than 17,000 aircraft delivered by 2034. An increase in the number of aircraft would simultaneously result in growth of the autopilot system market.

Key regions

• Americas
• APAC
• EMEA

Key players in the Global Commercial Aircraft Autopilot System Market: Honeywell, Genesys Aerosystems, DJI, Micropilot and Rockwell Collins

Other Prominent Vendors in the market are: Airware, Cloud Cap Technology, Furuno Electric, Garmin International and Trimble Navigation

Market driver

• Increase in number of operational aircraft
• For a full, detailed list, view our report

Market challenge

• High cost of autopilot systems
• For a full, detailed list, view our report

Market trend

• Introduction of autopilot landing system
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2019 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?

Spanning over 56 pages “Global Commercial Aircraft Autopilot System Market 2015-2019” report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Market segmentation by component, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For further information on this report, please visit- http://mrr.cm/owU

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