Autopilot Systems Market Research Report covers the present scenario and the growth prospects of the Autopilot Systems Industry for 2016-2020. Autopilot Systems Market, has been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Autopilot Systems globally.
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The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Autopilot Systems Market:
Other Prominent Vendors of Autopilot Systems Market Are:
“Technological advancements will be a key trend for market growth. The incident of aircraft MH 370 missing has created ample chaos in the commercial aviation industry as the reasons for its disappearance still remains undetected. Keeping such events in view, the aerospace companies are developing their R&D technologies to prevent future aircraft accidents. Thus, airlines are emphasizing on sophisticated, autonomous technology that can control the flight in case of any danger.”
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According to the report, one of the key drivers for market growth will be increasing demand for automation. Automation enhances flight operational safety and efficiency through providing low operating costs and greater profits. This is especially critical for commercial airlines, which support millions of air travellers. In 2014, the airlines carried a passenger traffic of 838.4 million passengers on more than 8.5 million flights, globally. In the same year, a survey of airline pilots was carried out, which reported that the pilots operating Boeing 777s spent just seven minutes manually piloting their aircraft during a flight, whereas, those operating Airbus planes, spent half that time. Thus, the growing demand for automation in aircraft is driving the autopilot systems market.
Report also presents Geographical Segmentation analysis of Autopilot Systems Market of Americas, APAC, EMEA region.
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Further, the report states that while the autopilot system is being widely approved, the high cost associated with it becomes a major challenge for the airlines. Installing or upgrading an autopilot system is one of the complex, expensive, and time-consuming avionics processes. Depending on their installations, autopilot systems interface with multiple systems like flight controls, engine controls, electrical system, and electrical system.
Key questions answered in Autopilot Systems market report:
No of Pages: 58
Price of Report: $ 2500 (Single User License)
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