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Comprehensive 2025 Autopilot System Market Overview: Trends, Forecasts, and Growth Drivers
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Autopilot System Market Through 2025?
In the past few years, there's been substantial growth in the market size of the autopilot system. The market, currently valued at $5.61 billion in 2024, is projected to increase to $5.98 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.6%. The remarkable growth in the historic period is due to several factors such as advancements in aviation safety, growth in the airline industry, regulatory standards, compliance, improved aircraft performance, and the expansion of commercial aviation.
What's the Projected Size of the Global Autopilot System Market by 2029?
Anticipations indicate that the market size for the autopilot system will undergo notable expansion in the coming years, projected to reach "$7.98 billion in 2029 with a compound annual growth rate (CAGR) of 7.5%. The surge in the forthcoming period can be credited to the escalating demand for passenger safety, incorporation with next-gen aircraft, emphasis on fuel efficiency, modifications in regulatory compliance, and advancements in AI and machine learning. Key trends of this upcoming period encompass upgrades in software and firmware, an increased attention to redundancy and safety, the advancement of unmanned aerial vehicles (UAVs), innovations in the human-machine interface, and improved sensor technology.
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Top Growth Drivers in the Autopilot System Industry: What's Accelerating the Market?
The growth of the autopilot system market is projected to be fuelled by an uptick in the volume of air travellers. Defined as an individual who utilises an airplane or other forms of air transport, an increased number of air passengers can trigger a greater need for automated help in managing air traffic. With the ever-increasing number of yearly flights, the role of automation in air traffic supervision is gaining considerable prominence. Moreover, extended COVID-19 lockdowns have spurred an increase in both work-related and recreational travel. As an example, air passenger numbers surged by 65% from January to April 2022 compared to April 2021, while aircraft flight departures escalated by 30%, as reported by the International Civil Aviation Organization (ICAO), a UN entity and worldwide civil aviation forum, in their May 2022 bulletin. Thus, the upward trend in air passenger numbers is shaping the trajectory of the autopilot system market.
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What Trends Will Shape the Autopilot System Market Through 2029 and Beyond?
Technological progression is an emerging trend gaining traction in the autopilot system sector. Major firms in this industry are striving to create unique tech-savvy solutions to consolidate their market standing. In a notable example, Reliable Robotics Corp., a US firm specialising in aircraft automation systems, launched a sophisticated autopilot system for aircraft in February 2023. This advanced system leverages high-precision navigation to boost aviation safety with capabilities for all-weather auto-taxi, auto-takeoff, and auto-landing, eliminating the need for ground infrastructure. This ground-breaking technology lay the groundwork for a perpetually engaging autopilot, which aims to prevent fatal aircraft accidents caused by reasons like loss of in-flight control, controlled flight into terrain, and mismanagement of fuel.
What Are the Main Segments in the Autopilot System Market?
The autopilot system market covered in this report is segmented -
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
Subsegments:
1) By Attitude And Heading Reference System (AHRS): Inertial Reference Units, Gyroscopic Sensors, Magnetometers
2) By Flight Control System (FCS): Primary Flight Control Systems, Secondary Flight Control Systems, Automatic Flight Control Systems
3) By Flight Director System (FDS): Vertical Flight Director, Lateral Flight Director, Integrated Flight Director Systems
4) By Avionics System: Navigation Systems, Communication Systems, Surveillance Systems, Display Systems
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Which Top Companies are Driving Growth in the Autopilot System Market?
Major companies operating in the autopilot system market include 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, Trimble Navigation Limited, Raytheon Anschütz GmbH, The Mercedes-Benz Group AG
Which Regions Will Dominate the Autopilot System Market Through 2029?
North America was the largest region in the autopilot system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global autopilot system market during 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
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