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An autopilot system is designed for aerial, marine and unmanned aerial vehicles (UAVs) to operate without the assistance of a pilot. It comprises an actuator, computer system and programmer, in which the computer receives the programmer information and transmits it to an actuator. It assists in minimizing the workload of the pilot, especially during long travels, and improving the overall performance of the vessel.

Factors such as increasing automation, rising need for accuracy in navigation systems and minimizing human intervention are driving the autopilot systems market growth around the world. Furthermore, as these systems consume less fuel as compared to manual systems, enhance flight operation safety and efficiency, they are attracting several players to enter the market. Apart from this, increasing air travel and water transportation activities across the globe, along with the burgeoning aerospace and defense sectors, are some of the other factors that are anticipated to bolster the market growth in the coming years.

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Breakup by Product Type:

1. Rotary Wing Aircraft

2. Fixed Wing Aircraft

Breakup by Component:

1. GPS (Global Positioning System)

2. Gyroscope

3. Software

4. Actuators

Breakup by Platform:

1. Airborne Platform

2. Land Based

3. Sea

4. Subsea

Breakup by System:

1. Attitude and Heading Reference System

2. Flight Director System

3. Flight Control System

4. Avionics System

5. Others

Breakup by Application:

1. Commercial

2. Civil

3. Military

Breakup by Region:

1. North America

2. Asia Pacific

3. South Korea

4. United Kingdom

5. Latin America

6. Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Bae Systems PLC, Cloud Cap Technology Inc., Furuno Electric Co. Ltd., Garmin International Inc., Genesys Aerosystems Group Inc., Honeywell International Inc., Lockheed Martin Corporation, Micropilot Inc., Rockwell Collins Inc., Trimble Inc, etc.

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