The global autopilot systems market size was valued at $4.4 billion in 2022, and is projected to reach $6.3 billion by 2030, registering a CAGR of 5.4% during the forecast period (2023-2030). An autopilot system is used to automate the process of guiding and controlling the aircraft. A typical autopilot system can automate multiple tasks, such as attitude and altitude maintenance, rate of climb and descent, and course interception and guidance. The market is driven by the enhanced safety requirements of the aviation industry. The advent of the fly-by-wire (FBW) concept necessitates the integration of advanced flight computers onboard an aircraft. Furthermore, to ensure optimal safety levels and enhance the situational awareness of the pilots, the global aviation regulatory agencies have mandated the installation of an autopilot system, in conjunction with the flight director system.
Browse the full report description of “Autopilot Systems Market Size, Share &Trends Analysis Report by Aircraft Type (Rotatory Wing Aircraft and Fixed Wing Aircraft), by System (Attitude and Heading Reference System, Flight Director System, Flight Control System, Avionics System, and Others), and by Application (Civil, Commercial, and Military) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/autopilot-systems-market
The development of advanced aircraft capable of automated flights is driving the ongoing R&D aspect for aircraft autopilot systems and is anticipated to enhance the business prospects of the market players once the technology is fully developed and becomes commercially feasible. As the global air passenger traffic increases, to address the passenger traffic growth, airline operators have initiated procurement drives for new generation aircraft. The dominant aviation regulatory agencies, such as the Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA), have mandated the installation of autopilot systems in commercial aircraft to address several safety concerns.
Military powerhouses such as the US and China are focusing on expanding their military aircraft fleet to gain a technological edge over their rival forces. While numerous military aircraft prototypes are being developed, several military procurement programs are currently underway to cater to the global demand for military aircraft market. Military fighter aircraft manufacturers are trying to enhance their production capabilities to ensure timely deliveries. Therefore, the demand for new aircraft would subsequently create a parallel demand for autopilot systems during the forecast period.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Aircraft Type
o By System
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- BAE Systems PLC, Collins Aerospace, Honeywell International Inc., Saf-ran SA, Meggitt PLC, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Autopilot Systems Market Report Segment
By Aircraft Type
By System
By Application
Global Autopilot Systems Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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