keyboard_arrow_up

Autopilot System Market by Application will be reach $7.30 Billion by 2020

According to a new market research report "Autopilot System Market by Application (Airborne, Land, Sea, Subsea), by Geography (North America, Europe, Asia-Pacific, The Middle-East, Latin America, Africa), by Configuration (Manned And Autonomous Platforms) - Forecasts & Analysis to 2014 – 2019", The global autopilot system market is estimated to be $4.79 billion in 2014, and expected to reach $7.30 billion in 2020 at a CAGR of 7.28%. The major challenges for this particular market will be the complexity in system integration.

Browse 86 market tables and 33 figures spread through 150 pages and in-depth TOC on"Autopilot System Market”.

http://www.marketsandmarkets.com/Market-Reports/autopilot-system-market-205309455.html

Early buyers will receive 10% customization on this report.

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.

More Further Enquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=205309455

The global autopilot system market research report includes the autopilot systems used in airborne, sea, subsea and land vehicles. This report provides the market analysis over the next six years. It discusses about the industry, market, and technology trends that are currently prevailing in the market. The autopilot report categorizes the global market on the basis of the technology, geography, country and application. The global autopilot market is expected to exhibit a robust growth over the next six years.

The market is segmented into three categories viz. by application, by region, and by country. The global autopilot system market consists of applications in land, sea, subsea and airborne. The aerial segment consists of manned vehicles including military and commercial aircraft, and also the unmanned vehicles including the missiles and UAV. The report covers the autopilot system market in the sea for ships and surface vehicles and subsea for submarine and unmanned underwater vehicles (ROV and AUV). The land segment includes autopilots used in the unmanned ground vehicles and armored vehicles for the analysis.

Purchase Now @ http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=205309455

The major industry players include Honeywell, Rockwell Collins, Cobham, BAE System, and also companies such as Raymarine, Furuno, Garmin, Micropilot, etc which are prominent in the market.

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 show a rapid growth for the autopilot system market with the increasing demand for aircraft and the benefits of autopilots in reducing driver fatigue, providing better fuel efficiency, and allowing longer cruise.

About MarketsandMarkets

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.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog@ http://mnmblog.org/market-research/aerospace-defence