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Autopilot Systems Market : Platform, Component & Trend Forecasts to 2020

This report includes the analysis of the drivers, restraints, and challenges that influence the autopilot systems market and opportunities for growth during the forecast period.

 

Pune, India -- (SBWIRE) -- 10/20/2015 -- The global autopilot systems market is dominated by the Asia-Pacific, and Latin American regions, with high investments in expensive electronics for better cruise safety in commercial &defense systems. Countries in this region are expected to show a reliable level of growth. The U.S. will continue to be the prominent market for the autopilot system.

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Significant investments are made by the countries in the emerging regions due to the increasing demand for improved autopilot systems with greater facilities in the existing systems. The need for accuracy in the navigation system, minimization of human intervention and technological advancements in the autopilot systems for monitoring and controlling the trajectory in case of perilous situations to avoid accidents will fuel the growth of the autopilot systems market over the next six years.

Complexity in integration and communication with other support systems and inaccuracies in the software are the major challenges faced by this market. The government regulations are also expected to have a negative impact on the autopilot systems market. The high maintenance costs, expensive electronics required, the hardware and software integration, and the economic instability, are expected to restraint growth of the autopilot systems market.

Browse 81 market data tables, 61 figures spread through 188 pages and in-depth TOC on "Autopilot System Market - Forecasts & Analysis to 2014 - 2020"

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The increased capabilities of the three-axis autopilot systems with technological advancements will certainly drive the autopilot systems market. Better system compatibility and communication between the supporting systems with the autopilot system will enhance its application in land, sea, subsea, and air. The multiple complex electronic subsystems attached to the autopilots enable them to perform complex trajectory monitoring and controlling operations. DIY (Do It Yourself) systems prove to be a great opportunity for autopilot systems in small UAVs over the forecast period.

Rockwell Collins (U.S.), Honeywell (U.S.), Genesys Aerosystems (U.S.), Furuno (Japan), Garmin (Switzerland), Micropilot (Canada), Raymarine (U.S.), and DJI (China), are the market leaders and presently occupy a significant market share in the global autopilot system market .

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