According to the report "Autopilot System Market by Application (Airborne, Land, Sea, Subsea), by Geography (North America, Europe, Asia-Pacific, the Middle-East, Latin America, Africa) - Forecasts & Analysis to 2014 - 2019", the Autopilot System Market is estimated to be $46.5 Million in 2014, and expected to reach $54.84 Million in 2019 at a CAGR of 2.79%. The major challenges for this particular market will be the complexity in system integration.
Browse more than 40 market data Tables with 13 Figures spread through 150 Pages and in-depth TOC on "Autopilot System Market".
Early buyers will receive 10% customization on this report.
North America holds maximum share in this market. The emerging regions are Asia-Pacific, The Middle East, and Latin America. These regions are expected to grow rapidly, primarily due to the increasing number of aircrafts demand in these regions.
The autopilot systems are used specifically to reduce the human intervention and navigate effortlessly by monitoring and controlling the trajectory. Driving factors for this market include high fuel efficiency, safer air travelling, and technology advancement. The huge maintenance costs and the changing government regulations act as a limitation for the autopilot market. The small UAV comprising of expensive electronics is a significant market for the Autopilot System Market over the forecast period.
The market is segmented into three categories viz. by application, by technology, and by region. The global Autopilot System Market consists of applications in land, sea, subsea and air. The serial segment consists of manned vehicles such as aircrafts and unmanned vehicles such as UAV. The report covers The Autopilot System Market in the sea for surface ships as well as subsea including the submarine and unmanned underwater vehicles (ROV and AUV). The land segment focuses on the unmanned ground vehicles for the study.
For more details click below: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=205309455
The competitive analysis includes the market share of companies in the autopilot system market. The impact of drivers and restraints are also analyzed along with their impact on autopilot system market. Technology and industry trends are also highlighted, which will provide competitive market intelligence to utilize the business opportunities.
Browse Related Report
Inertial Navigation System Market by Product (Marine grade, Navigation grade, Tactical grade, and Commercial grade), Technology (Mechanical, Fiber optic gyro (FOG), Ring laser gyro (RLG), Micro-Electro-Mechanical Systems (MEMS), Hemispherical Resonator gyro (HRG), and Vibrating gyro), Application (Air, Land, and Naval Platforms), Geography (North America, Europe, Asia-Pacific, the Middle East, and ROW) - Forecast & Analysis to 2014 - 2019
Small UAV Market by Trends (Mini, Micro, Hand Held UAV), by Propulsion (Hydrogen, Electric, Solar, Lithium ION), by Payload (NBC Detection, Telemetry Systems, Software Systems, Meteorology), by Application (Civil, Military, Security), by Region, by Country - Global Forecast to 2014 - 2019
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT, and aerospace & defence.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog@ http://mnmblog.org/market-research/aerospace-defence