Press release
Autopilot (Automated) Systems Market Demand and Technology Growth 2030 | Lockheed Martin Corporation, BAE Systems, Esterline Technologies Corporation, Honeywell International
Autopilot (Automated) Systems Market
Rise in demand for automation systems, increase in number of air passengers, and surge in performance of aircraft system are expected to drive the growth of the global Autopilot Systems Market. However, poor automation which reduces the operator situational awareness, high cost in case of autopilot system, and airline company's dependence are expected to hinder the growth of the global Autopilot Systems Market. Factors such as increase in investment in automation industry, and research & development on autopilot systems are expected to create lucrative opportunities for the growth of the market.
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The global autopilot systems market is classified on the basis of aircraft type, system, application, and region. Based on aircraft type, the market is bifurcated into rotary wing aircraft and fixed wing aircraft. Based on system, the market is classified into attitude and heading reference system, flight director system, flight control system, avionics system, and others. On the basis of application, it is categorized into commercial, civil, and military. Region-wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
Key players in the global autopilot systems market are MicroPilot, Inc., Cloud Cap Technology, Genesys Aerosystems, Collins Aerospace, Dynon Avionics, Trimble Inc., Lockheed Martin Corporation, BAE Systems, Esterline Technologies Corporation, Honeywell International, Inc., and General Electric Company.
These major companies adopt a number of strategies such as product launch, research, and developments in autopilot (automated) systems performance and others to maintain pace in the market. Among these key players, Honeywell acquired privately held TruTrak Flight Systems, a leader in autopilots for experimental, light-sport and certified aircraft.
The acquisition will become part of Honeywell's BendixKing business, helping to deliver affordable technologies to the experimental and general aviation markets. The U.S. Navy's Fleet Readiness Center Southeast (FRCSE) in Florida recently launched F-35 radar maintenance capability with the Lockheed Martin LM-STAR automated test system.
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Key Questions Answered in Autopilot Systems Market Research Study:
1 What is the market growth rate of autopilot systems industry from 2020-2030?
2 What will be the global market size of the market from 2020 to 2030?
3 Who are the leading global manufacturing companies in the global market?
4 What are the major current trends and predicted trends?
5 What are the challenges faced in the autopilot systems market?
6 Which will be the autopilot systems application and types and forecast accompanied closely by producers?
7 What are the conclusions of the autopilot systems market research report?
Autopilot Systems Market Key Segments
By Product
* Rotary Wing Aircraft
* Fixed Wing Aircraft
By System
* Attitude and Heading Reference System
* Flight Director System
* Flight Control System
* Avionics System
By Application
* Commercial
* Civil
* Military
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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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