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Autopilot Systems Market Size, And Forecast | Key Players: Cloud Cap Technology, Genesys Aerosystems, Collins Aerospace

09-17-2021 09:59 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Autopilot Systems Market

Autopilot Systems Market

Autopilot Systems Market Outlook - 2026

Autopilot (automated) system is the important part of the flight management system. This system is used to control the trajectory of an aircraft without constant control by human operator. Autopilots do not replace human operators, but instead they assist in controlling the aircraft. These systems are designed to reduce the workload of pilots for long travel and to control the flight to improve overall performance. Using this automation system, modern autopilots can control the aircraft in terms of current position, altitude, and the flight control system. The global autopilot systems market is anticipated to experience high growth during the forecast period (2019-2026).

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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.

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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:

What is the market growth rate of autopilot systems industry from 2019-2026?

What will be the global market size of the market from 2019 to 2026?

Who are the leading global manufacturing companies in the global market?

What are the major current trends and predicted trends?

What are the challenges faced in the autopilot systems market?

Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?

Which will be the anticipated growth rates for your own autopilot systems economy altogether and also for every segment inside?

Which will be the autopilot systems application and types and forecast accompanied closely by producers?

What are the conclusions of the autopilot systems market research report?

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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