Autopilot System Global Market Report 2024

Description

“Autopilot System Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on autopilot system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for autopilot system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The autopilot system market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By System: Attitude And Heading Reference System; Flight Control System; Flight Director System; Avionics System
2) By Product Type: Rotary Wing Aircraft; Fixed Wing Aircraft
3) By Platform: Airborne; Sea; Subsea; Land-Based
4) By Application: Military; Defense; Commercial
Companies Mentioned: Rockwell Collins Inc.; BAE Systems plc; Cloud Cap Technology Inc.; Furuno Electric Co. Ltd.; Garmin International Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

An autopilot system serves as the electrical, mechanical, or hydraulic setup enabling autonomous operations for aerial, marine, and unmanned aerial vehicles (UAVs). Comprising a computer system, actuator, global positioning service (GPS), flight director control, and avionics systems, it aims to autonomously manage vehicle functions. Its primary goal is to reduce pilot workload during extended journeys while enhancing overall vehicle performance.

Distinct types of autopilot systems exist, including attitude and heading reference systems, flight control systems, flight director systems, and avionics systems. The attitude and heading reference system relies on sensors across three axes, providing crucial aircraft attitude details such as roll, pitch, and yaw. These systems are further categorized based on the type of aircraft include rotary-wing and fixed-wing and find applications in diverse platforms such as airborne, sea, subsea, and land-based operations. They serve various sectors including military, defense, and commercial industries.

The autopilot system market research report is one of a series of new reports from The Business Research Company that provides autopilot system market statistics, including autopilot system industry global market size, regional shares, competitors with an autopilot system market share, detailed autopilot system market segments, market trends and opportunities, and any further data you may need to thrive in the autopilot system industry. This autopilot system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The autopilot system market size has grown strongly in recent years. It will grow from $5.36 billion in 2023 to $5.73 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The expansion observed in the historical period can be credited to several factors including advancements in aviation safety, the burgeoning airline industry, adherence to regulatory standards, improvements in aircraft performance, and the increasing prominence of commercial aviation.

The autopilot system market size is expected to see strong growth in the next few years. It will grow to $7.56 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. During the forecast period, the anticipated growth stems from heightened passenger safety demands, increased integration with next-generation aircraft, a strong emphasis on fuel efficiency, updates in regulatory compliance, and ongoing advancements in AI and machine learning.

Projected escalations in air passenger numbers are poised to drive the expansion of the autopilot system market. With air passengers defined as individuals utilizing air transportation, the surge in their volume necessitates heightened automated support in air traffic control. As flight frequencies soar annually, the role of automation in managing air traffic becomes increasingly vital. Notably, following the extended lockdown during the COVID-19 outbreak, both business and leisure air travel spiked significantly. The International Civil Aviation Organization's May 2022 report revealed a staggering 65% increase in air passengers from January to April 2022 compared to the same period in 2021, accompanied by a 30% rise in aircraft flight departures, reinforcing the market's momentum.

The burgeoning expansion within logistics is anticipated to be a driving force behind the autopilot system market's growth. Logistics, encompassing the efficient flow and storage of goods, services, and information, increasingly relies on autopilot systems to expedite deliveries, optimize routes, and streamline fleet management. Noteworthy is the data from Penske Logistics in June 2023, which highlighted a significant 19.6% surge in total business logistics costs in the United States in 2022, amounting to $2.3 trillion, equivalent to 9.1% of the national gross domestic product. This surge underscores the pivotal role of autopilot systems in meeting the demands of an expanding logistics landscape.

Technological advancements emerge as a prominent trend shaping the autopilot system market. Leading companies within this sector are steadfastly innovating to fortify their market standing. A case in point is the February 2023 unveiling by Reliable Robotics Corp., introducing an advanced autopilot system for aircraft boasting high-precision navigation capabilities. This innovation revolutionizes aviation safety, enabling all-weather auto-taxi, auto-takeoff, and auto-landing sans ground infrastructure. Notably, the continuous engagement autopilot ensures prevention against fatal aircraft accidents, addressing concerns such as loss of control during flight and controlled flight into terrain, exemplifying a pioneering technological leap in the field.

Strategic partnerships and collaborations take center stage as major players in the autopilot system market seek heightened profitability. These alliances, aimed at specific business objectives, leverage advanced autopilot systems to introduce groundbreaking solutions. An illustrative instance is the November 2023 collaboration between Thales Group and StandardAero, culminating in Stable Light, a cutting-edge 4-axis autopilot system tailored for AS350 and H125 helicopters. Securing a Supplemental Type Certificate (STC) from the US, this system bolsters safety and diminishes risks during critical flight phases and adverse conditions. Engineered to enhance the flight control experience, Stable Light possesses multifaceted operational capabilities, promising efficiency, reliability, and heightened safety standards within the aviation industry.

In July 2021, Shield AI Inc., a US-based aerospace and defense technology firm renowned for its expertise in artificial intelligence, completed the acquisition of Martin UAV for an undisclosed sum. This strategic move enables Shield AI to integrate its battle-tested autonomous software, Hivemind, into Martin UAV's unmanned aircraft model, V-BAT. Consequently, Shield AI solidifies its leading position in providing autonomous edge autopilot systems tailored for defense applications. Martin UAV, also based in the US, specializes in the manufacturing of unmanned aircraft systems (UAS) with a focus on cutting-edge aircraft technologies.

Major companies operating in the autopilot system market report are Rockwell Collins Inc., BAE Systems plc, Cloud Cap Technology Inc., Furuno Electric Co. Ltd., Garmin International Inc., Genesys Aerosystems Group Inc., Honeywell International Inc., Micropilot Inc., Raymarine Ltd., Moog Inc., Safran SA, Parker Meggitt plc, Lockheed Martin Corporation, Century Flight Systems Inc., Cobham Limited, TMQ International Pty. Ltd., Thales Group, Avidyne Corporation, Dynon Avionics, SEA MACHINES Robotics Inc., West Marine, Kobelt Manufacturing Co. Ltd., Comnav Marine Ltd., Brunswick Corporation, Octopus Autopilot Drives systems, Teleflex Inc., Trimble Navigation Limited, Raytheon Anschutz GmbH, Formic Technologies Inc., The Mercedes-Benz Group AG

North America was the largest region in the autopilot system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global autopilot system market duirng the forecast period. The regions covered in the autopilot system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the autopilot system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The autopilot system market consists of sales of altitude and directional gyros, turn coordinators, and altitude control. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11538

1. Executive Summary

2. Autopilot System Market Characteristics

3. Autopilot System Market Trends And Strategies

4. Autopilot System Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Autopilot System Market Size and Growth

5.1. Global Autopilot System Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Autopilot System Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Autopilot System Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Autopilot System Market Segmentation

6.1. Global Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Attitude And Heading Reference System
Flight Control System
Flight Director System
Avionics System
6.2. Global Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Rotary Wing Aircraft
Fixed Wing Aircraft
6.3. Global Autopilot System Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Airborne
Sea
Subsea
Land-Based
6.4. Global Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Military
Defense
Commercial

7. Autopilot System Market Regional And Country Analysis

7.1. Global Autopilot System Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Autopilot System Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Autopilot System Market

8.1. Asia-Pacific Autopilot System Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Autopilot System Market

9.1. China Autopilot System Market Overview
9.2. China Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Autopilot System Market

10.1. India Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Autopilot System Market

11.1. Japan Autopilot System Market Overview
11.2. Japan Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Autopilot System Market

12.1. Australia Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Autopilot System Market

13.1. Indonesia Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Autopilot System Market

14.1. South Korea Autopilot System Market Overview
14.2. South Korea Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Autopilot System Market

15.1. Western Europe Autopilot System Market Overview
15.2. Western Europe Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Autopilot System Market

16.1. UK Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Autopilot System Market

17.1. Germany Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Autopilot System Market

18.1. France Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Autopilot System Market

19.1. Italy Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Autopilot System Market

20.1. Spain Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Autopilot System Market

21.1. Eastern Europe Autopilot System Market Overview
21.2. Eastern Europe Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Autopilot System Market

22.1. Russia Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Autopilot System Market

23.1. North America Autopilot System Market Overview
23.2. North America Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Autopilot System Market

24.1. USA Autopilot System Market Overview
24.2. USA Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Autopilot System Market

25.1. Canada Autopilot System Market Overview
25.2. Canada Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Autopilot System Market

26.1. South America Autopilot System Market Overview
26.2. South America Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Autopilot System Market

27.1. Brazil Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Autopilot System Market

28.1. Middle East Autopilot System Market Overview
28.2. Middle East Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Autopilot System Market

29.1. Africa Autopilot System Market Overview
29.2. Africa Autopilot System Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Autopilot System Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Autopilot System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Autopilot System Market Competitive Landscape And Company Profiles

30.1. Autopilot System Market Competitive Landscape
30.2. Autopilot System Market Company Profiles
- 30.2.1. Rockwell Collins Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. BAE Systems plc
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Cloud Cap Technology Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Furuno Electric Co. Ltd.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Garmin International Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Autopilot System Market Competitive Benchmarking

32. Global Autopilot System Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Autopilot System Market

34. Autopilot System Market Future Outlook and Potential Analysis

34.1 Autopilot System Market In 2028 - Countries Offering Most New Opportunities
34.2 Autopilot System Market In 2028 - Segments Offering Most New Opportunities
34.3 Autopilot System Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer