In-flight Autopilot Systems Market is expected to reach US$8.14 bn by the end of 2021

The competitive scenario for in-flight autopilot systems is highly consolidated, making it difficult for new players to enter the market. Rockwell Collins, Inc., Honeywell International, Inc., and Garmin Ltd. were the top three players in the market in 2014, when they collectively held 63% of the in-flight autopilot systems market.

L3 Communications Holding, Inc. and BAE System Plc. are some of the other key providers of in-flight autopilot systems. Less than a quarter of the global market was shared by regional players in 2014, signifying the niche characteristics of in-flight autopilot systems.

Key providers of in-flight autopilot systems are expected to be impacted by the recent advancements in aviation technology, including digital flight control integration and the heavy use of sensors in defense and military vehicles.

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Aviation Industry’s Demand for Automation Buffs Scope of In-Flight Autopilot Systems

One of the key drivers increasing the demand for in-flight autopilot systems is the current evolutionary phase in the aviation industry, wherein automation is a core requirement. Technological advancements in both industries are making it easier for advanced in-flight autopilot systems to be used in situations where human guidance can be kept to a minimum while the autopilot systems manages tracking and guidance at a highly efficient level.

This also includes the demand for autopilot landing systems that can ensure the safe landing of planes in weather where human guidance might fail due to lowered vision and other issues.

Over-dependence and High Costs Still Limiting Market Growth Potential

“As an ancillary industry, developers of in-flight autopilot systems are completely reliant on the aircraft industry for their revenue,” states a TMR analyst. “This can often put them under pressure due to the currently turbulent nature of the aircraft industry itself.”

Even major airlines have closed or reduced operations in recent times, dealing a heavy blow to the in-flight autopilot systems industry. These companies include Air Onix, Air Lituanica, and Airlinair, whose cessation of operations has created huge shortfalls in the demand for in-flight autopilot systems.

Complicating matters even further is the fact that in-flight autopilot systems are already a niche market with high system costs. This not only prevents new entrants from expanding in this market, but also creates several restrictions on established players as well.

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Majority of In-Flight Autopilot Systems Revenue Earned through Fixed Wing Aircraft

The revenue earned globally in the in-flight autopilot systems market is expected to progress at a CAGR of 4.6% within a forecast period from 2015 to 2021. This market is expected to reach US$8.14 bn by the end of 2021.

Flight director systems will consistently hold the largest revenue generation scope between 2015 and 2021, by the end of which period it is expected to generate US$2.43 bn in revenue.

Fixed wing aircraft are the leading contributors to the in-flight autopilot systems market. This segment is expected to reach US$6.36 bn by the end of 2021.

The information presented in this review is based on a Transparency Market Research report, titled, “In-flight Autopilot Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021.”

Key Takeaways:

North America leads global market, expected to reach US$3.82 bn by 2021.

Commercial aircraft in-flight autopilot systems remain most popular avenue, expected to reach US$5.2 bn by 2021.

By the end of 2016, flight director systems expected to reach close to US$1.98 bn in revenue.

Key Segments of the Global In-flight Autopilot Systems Market

Global In-Flight Autopilot Systems, by System Type

Flight Director System
Attitude and Heading Reference System
Avionics System
Flight Control System
Others
Global In-Flight Autopilot Systems, by Aircraft Type

Rotary Wings
Fixed Wings
Global In-Flight Autopilot Systems, by Application

Commercial Aircraft
Military Aircraft
Civilian Aircraft
Global In-Flight Autopilot Systems, by Geography

North America
Europe
Asia Pacific
Rest of the World

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