2018 Global Autopilot System Sales Market Report
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City of Industry, CA -- (SBWire) -- 06/29/2018 --This report studies the global Autopilot System market status and forecast, categorizes the global Autopilot System market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Autopilot system is an important part of the flight management system. It is further used for controlling a vehicle eliminating the need for a human operator for constant monitoring. However, this system does not replace the complete need of a human operator, as an alternative, it helps them in operating the vehicle efficiently. These systems are extensively used in ships, spacecraft, missiles, and aviation. An autopilot system comprises components such as an actuator, computer, and mode selector or programmer. A mode selector or programmer enables the pilot to accordingly program the autopilot system in order to attain the desired flight profile and aids in communicating with avionic systems such as GPS. In this system, the computer receives the programmer information and then transmits it to the actuator. These autopilot systems are designed for the purpose of decreasing the workload of the cockpit and improving the ability of the pilot to control the flight.
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The markets in Europe and North America have been exhibiting exponential growth over the last couple of years. However, countries in the Latin America and Asia Pacific region are expected to provide lucrative prospects to manufacturers of autopilot systems to capitalize on.
The global Autopilot System market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR during 2018-2025.
The major players covered in this report
Genesys Aerosystems
Honeywell
Lockheed Martin
Rockwell Collins
Garmin
Airware
Cloud Cap Technology
Trimble Navigation
Bae System
MicroPilot
Furuno Electric
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
United States
Europe
China
Japan
Southeast Asia
India
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