Product Code: SR112023A1920
Market Overview:
The global autopilot systems market size reached US$ 4.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.
Autopilot refers to an electrical, mechanical or hydraulic system that is designed for aerial, marine and unmanned aerial vehicles (UAVs) to operate without requiring human assistance. It consists of a computer system, actuator and global positioning service (GPS), along with flight director control and avionic systems. These systems are designed to minimize the workload of the pilots over long travels and to improve the overall performance of the vessel. They can intercept the course, check for route deviations, control the steering wheel and maintain the assigned altitude. These systems find extensive applications across the automotive, agriculture, commercial aviation, military and aerospace industries.
The expanding aerospace and defence industries are among the key factors driving the market growth. Furthermore, a significant increase in air travel and water transportation activities, especially in the emerging economies, is also providing a boost to the market growth. Autopilot systems aid in enhancing situational awareness, navigational accuracy and the operational and fuel efficiency of the vessel. Additionally, the widespread adoption of the autopilot systems in UAVs and drones is acting as another growth inducing factor. These systems can manage Attitude & Heading Reference Systems (AHRS), airspeed, magnetometers, accelerometers, gyroscopes and flight control algorithms in the UAVs. They are also used in drones to monitor the route, track waypoints and take high-definition aerial photos and videos. Other factors, including technological advancements, growing need for automation across industries and extensive research and development (R&D) activities, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global autopilot systems market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, component, platform, system and application.
Breakup by Product Type:
Rotary Wing Aircraft
Fixed Wing Aircraft
Breakup by Component:
GPS (Global Positioning System)
Gyroscope
Software
Actuators
Breakup by Platform:
Airborne Platform
Land Based
Sea
Subsea
Breakup by System:
Attitude and Heading Reference System
Flight Director System
Flight Control System
Avionics System
Others
Breakup by Application:
Commercial
Civil
Military
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Bae Systems PLC, Cloud Cap Technology Inc., Furuno Electric Co. Ltd., Garmin International Inc., Genesys Aerosystems Group Inc., Honeywell International Inc., Lockheed Martin Corporation, Micropilot Inc., Rockwell Collins Inc., Trimble Inc., etc.
Key Questions Answered in This Report:
- How has the global autopilot systems market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global autopilot systems market?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the platform?
- What is the breakup of the market based on the system?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global autopilot systems market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Autopilot Systems Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Rotary Wing Aircraft
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Fixed Wing Aircraft
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Component
- 7.1 GPS (Global Positioning System)
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Gyroscope
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Software
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Actuators
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Platform
- 8.1 Airborne Platform
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Land Based
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Sea
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Subsea
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by System
- 9.1 Attitude and Heading Reference System
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Flight Director System
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Flight Control System
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Avionics System
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Market Breakup by Application
- 10.1 Commercial
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Civil
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Military
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.2 Asia Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
- 13.1 Overview
- 13.2 Inbound Logistics
- 13.3 Operations
- 13.4 Outbound Logistics
- 13.5 Marketing and Sales
- 13.6 Services
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Indicators
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Bae Systems PLC
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.1.4 SWOT Analysis
- 16.3.2 Cloud Cap Technology Inc.
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.3 Furuno Electric Co. Ltd.
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.3.3 Financials
- 16.3.4 Garmin International Inc.
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.5 Genesys Aerosystems Group Inc.
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.5.3 Financials
- 16.3.5.4 SWOT Analysis
- 16.3.6 Honeywell International Inc.
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 Financials
- 16.3.6.4 SWOT Analysis
- 16.3.7 Lockheed Martin Corporation
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.7.3 Financials
- 16.3.7.4 SWOT Analysis
- 16.3.8 Micropilot Inc.
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.8.3 Financials
- 16.3.8.4 SWOT Analysis
- 16.3.9 Rockwell Collins Inc.
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.10 Trimble Inc.
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.10.3 Financials
- 16.3.10.4 SWOT Analysis