In-flight Autopilot Systems Market (System Type – Flight Director System, Attitude and Heading Reference System, Avionics Systems, Flight Control System and Others; Aircraft Type – Rotary Wings Aircraft and Fixed-Wing Aircraft; Application – Commercial Aircraft, Military Aircraft and Civilian Aircraft) Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025, the global in-flight autopilot systems market is estimated to hit US$ 12.5 Bn by 2025.
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The in-flight autopilot systems have witnessed some major advancements in the last few decades. The application of in-flight autopilot systems have greatly improved the operational efficiency of a flight. The benefit of using an in-flight autopilot systems greatly lies in the fact that it reduces direct assistance from the pilot and is able to control and guide an aircraft on its own. Though in-flight autopilot systems reduces the pilot’s intervention, but it cannot completely replace human operators.
The growth of in-flight autopilot systems market is primarily driven by the increasing focus towards automation in aircraft. These systems improve the operational efficiency of an aircraft by lowering down the fuel consumption. For an airline company, reducing the fuel consumption is one of the top most priorities as it accounts for the single largest expense in a flight’s operation. Moreover, the application of in-flight autopilot systems greatly improves the safety of an aircraft. In addition, in-flight autopilot systems improves the navigational accuracy of an aircraft. Considering these benefits, the demand for in-flight autopilot systems is expected to grow substantially during the forecast period.
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However, one of the major challenges obstructing the growth of the in-flight autopilot systems market is the high cost associated with the implementation of these systems. There are only a limited number of manufacturers of these systems which contributes to the high cost. Moreover, the high maintenance cost associated with these systems further acts as a barrier for the market.
• R&D activities directed towards improving the fuel efficiency of an aircraft
• Increasing application in long haul flights
• Technological advancements has enabled its integration with more complex systems
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global In-flight Autopilot Systems Market
2.2 Global In-flight Autopilot Systems Market, By System Type
2.3 Global In-flight Autopilot Systems Market, By Aircraft Type
2.4 Global In-flight Autopilot Systems Market, By Application
2.5 Global In-flight Autopilot Systems Market, By Geography
Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global In-flight Autopilot Systems Market Revenue and Growth, 2015 – 2025, (US$ Bn) (Y-o-Y %)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players
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