Autopilot System Market by Application (Airborne, Land, Sea, Subsea) - PowerPoint PPT Presentation

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Autopilot System Market by Application (Airborne, Land, Sea, Subsea)

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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 autopilot system market is estimated to be $4.79 Billion in 2014 and is expected to register a CAGR of 7.28% to reach $7.30 Billion by 2020. – PowerPoint PPT presentation

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Updated: 30 July 2014
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Title: Autopilot System Market by Application (Airborne, Land, Sea, Subsea)


1
MarketsandMarkets Presents
The Autopilot System Market share is greatest in
the U.S. and the U.K.
http//www.marketsandmarkets.com/Market-Reports/au
topilot-system-market-205309455.html
2
autopilot system market research report includes
the autopilot systems used in airborne, sea,
subsea and land vehicles. This report provides
the market analysis of the market over the next
six years. It discusses about the industry,
market, and technology trends that are currently
prevailing in this 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 autopilot system market is estimated to be
46.5 million in 2014 and is expected to register
a CAGR of 2.79 to reach 54.84 million by
2020. Inquiry of Report _at_ http//www.marketsandm
arkets.com/Enquiry_Before_Buying.asp?id205309455
The study covers the global market with a
detailed study of the specific regions and
countries to give a brief of the market dynamics
in the autopilot system over the forecast period.
The market is driven majorly by the increasing
demand of aircraft and need of accuracy in the
navigation system during the journey. The
autopilot system market share is greatest in the
U.S. and the U.K.
3
Key Takeaways -gtThe global autopilot system
market is expected to shoe a sluggish growth
within the study period but in the long run, is
expected to show a stringent growth due to the
technological advancements -gt The global market
is segmented into airborne, land, sea and subsea
platforms based on the application. The aerial
applications comprises of 31, land comprises of
15, sea comprises of 25, and subsea comprises
of 29 of the total markets -gt The autopilots are
expected to play a vital role in the unmanned
aerial, maritime nd ground vehicles for
performing redundant operations to avoid mistakes
and monotony With the increase in autonomy and
compatibility with the other systems, the
autopilots will be used to a great extent in long
journeys to reduce the human interventions and
thus the driver fatigue -gt Technological
advancements and integration of autopilots with
complex systems will drive the demand for
autopilots in the commercial and military
applications. The Do It Yourself autopilots are
the open source platform for building simple
autopilots and proves to be a upcoming
technological trend for this market
4
The Asia-Pacific and European region will prove
to be emerging markets for the Autopilot System
market. The countries in this region North
America holds maximum share in this
market. Raymarine (U.S.), Furuno (Japan), Garmin
(Switzerland), TMQ (Australia), Simrad (U.S.),
Cobham (U.K.) will be the market leaders that
occupy a significant market share for the global
market. Browse more than 40 market data tables
with 13 figures spread through 150 pages and
in-depth TOC on "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" Buy Now _at_
http//www.marketsandmarkets.com/Purchase/purchas
e_report1.asp?id205309455
5
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
includehigh 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 reports 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. 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.
6
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. MM 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.
7
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andmarkets.com
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