+1 (704) 266-3234

Aircraft Autopilot System Market - Growth, Trends, And Forecast (2020 - 2025)

Published on: Jan 2020 | From USD $4250 | Published By: MORDOR INTELLIGENCE | Number Of Pages: 94

Market Overview

The autopilot system market is poised to grow at a CAGR of above 5% during the forecast period 2020-2025. An autopilot system is used to automate the process of guiding and controlling the aircraft. A typical autopilot system can automate multiple tasks, such as attitude and altitude maintenance, rate of climb and descent, course interception and guidance, etc.
- The market is driven by the enhanced safety requirements of the aviation industry. The advent of fly-by-wire (FBW) concept necessitates the integration of advanced flight computers onboard an aircraft. Furthermore, to ensure optimal safety levels and enhance the situational awareness of the pilots, the global aviation regulatory agencies have mandated the installation of an autopilot system, in conjunction with the flight director system.
- The development of advanced aircraft capable of automated flights is driving the ongoing R&D aspect for aircraft autopilot systems and is anticipated to enhance the business prospects of the market players once the technology is fully developed and becomes commercially feasible.

Scope of the Report

To provide a comprehensive outlook, the autopilot system market encompasses the different companies that offer both autopilot and flight director software and hardware components. Market estimates are based on linefit installations of autopilot systems into the cockpit of new generation aircraft being procured by airline operators around the globe and do not include retrofitting of old generation aircraft. Furthermore, the report does not take unmanned aerial vehicles (UAVs) into account but considers rotorcraft and experimental demonstrators such as NASA X-57.

Key Market Trends

Demand for New Aircraft Driving Market Prospects

During 2013-2018, global air passenger traffic grew by 38.88% between 2013 and 2018. To address the passenger traffic growth, airline operators have initiated procurement drives for new generation aircraft. Around 1,830 new commercial aircraft were delivered globally during 2018. The dominant aviation regulatory agencies, such as the Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA), have mandated the installation of an autopilot system in a commercial aircraft for addressing several safety concerns.

Military powerhouses, such as the US and China, are focusing on increasing their military aircraft fleet to gain a technological edge over their rival forces. While numerous military aircraft prototypes are being developed, several military procurement programs are currently underway to cater to the global demand for military aircraft. Military fighter aircraft manufacturers are trying to enhance their production capabilities to ensure timely deliveries. The F-35 JSF program is one of the most successful military fighter program ever. Since the F-35 JSF program constitutes around 25% of Lockheed Martin Corporation's annual revenue, the company envisions to enhance its F-35 JSF production capacity from 131 aircraft in 2019 to 149 in 2020 and 169 from 2021. The F-35 JSF features an electro-hydrostatic flight control actuation system from Moog, Inc., while the actuators are supplied by Parker Hannifin Corp. Therefore, the demand for new aircraft would subsequently create a parallel demand for autopilot systems.

Increasing Demand from Asia-Pacific

On the commercial front, by 2025, China is forecasted to become the world's largest aviation market in terms of air traffic. During the same period, India is forecasted to develop into the world's third-largest aviation market, while other countries such as Indonesia and Thailand are forecasted to enter the top 10 global markets. The demand for new aircraft is driven by ever-growing passenger traffic in the region. As of September 2019, there were 411 narrow-body aircraft and 160 wide-body aircraft delivered to this region by various aircraft OEMs.

On account of the profound changes in the international strategic landscape, the configuration of the international security system has been undermined by the growing hegemonism, unilateralism, and power politics that has fueled several ongoing regional conflicts. To enhance military prowess, several countries, such as China and India have resorted to new procurements for effectively responding to security threats and accomplish urgent, critical, and dangerous strategic missions. Modern fighter aircraft are equipped with advanced autopilot systems and flight computers for augmenting the overall situation awareness of the pilot. An increase in demand for aircraft is anticipated to bolster the business prospects of the market players in the region during the forecast period.

Competitive Landscape

Besides, air traffic, the emerging security environment, fueled by the growing geopolitical unrest in several countries, is resulting in the growing demand for aircraft. In order to gain long-term contracts and expand global presence, players are investing significantly toward the procurement of new aerial assets. Furthermore, continuous R&D has been fostering the advancements of accuracy and efficiency of integrated autopilot technologies and associated subsystems.
The aircraft autopilot market is moderately fragmented, with a handful of global players present in the market. Some of the prominent players in the market studied include BAE Systems plc, Collins Aerospace (United Technologies Corporation), Honeywell International, Inc., Moog, Inc., Meggitt PLC, Lockheed Martin Corporation, and Safran SA, among others.


Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support

1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 System
5.1.1 Attitude and Heading Reference System
5.1.2 Flight Director System
5.1.3 Flight Control System
5.1.4 Avionics System
5.2 Application
5.2.1 Civil and Commercial
5.2.2 Military
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 Germany
5.3.2.3 France
5.3.2.4 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Rest of Asia-Pacific
5.3.4 Latin America
5.3.4.1 Brazil
5.3.4.2 Mexico
5.3.4.3 Rest of Latin America
5.3.5 Middle East and Africa
5.3.5.1 United Arab Emirates
5.3.5.2 Saudi Arabia
5.3.5.3 South Africa
5.3.5.4 Rest of Middle East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 BAE Systems plc
6.2.2 Avidyne Corporation
6.2.3 Century Flight Systems, Inc.
6.2.4 Collins Aerospace (United Technologies Corporation)
6.2.5 Dynon Avionics
6.2.6 Genesys Aerosystems
6.2.7 Honeywell International, Inc.
6.2.8 Lockheed Martin Corporation
6.2.9 Meggitt PLC
6.2.10 Moog, Inc.
6.2.11 Parker Hannifin Corporation
6.2.12 Safran SA
6.2.13 Thales Group

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

Please Choose License Type

USD $4250
USD $4750
USD $6000
USD $7500
Offer

Why Us

  • Why Us In-depth database
    Our Report’s database covers almost all topics of all regions over the Globe..
  • Why Us Recognised publishing sources
    Tie ups with top publishers around the globe.
  • Why Us Customer Support
    Complete pre and post sales support.
  • Why Us Safe & Secure
    Complete secure payment process.