South America Autopilot Systems Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Autopilot system contains an actuator, computer and a programmer or mode selector. Programmer enables the pilot to program the autopilot system to get the desired flight profile. The computer receives the programmer information and then transmits to the actuator, these are used to decrease the workload of the cockpit and to improve the capability of the pilot to control the flight.
South America Autopilot Systems Market Size:
South America autopilot systems market is poised to reach the value of $XX Billion by 2024 from $XX Billion in 2017 and will be growing with the CAGR of XX% during 2019 – 2024. Increasing demand for automation, growing technological advancements, increasing research activities for advanced autopilot systems, decrease in the pilot fatigue and increasing awareness of the benefits offered by in-flight autopilot systems are driving the market growth. Whereas, government regulations and limitations, hardware and software failures, high cost and complicated manufacturing process and maintenance related issues are hindering the market growth. DIY autopilots in small uncrewed aerial vehicles are creating a chance for the market to explore in all the regions.
South America Autopilot Systems Market Share:
The market is segmented by platform, by component, by application and by geography. By the platform, the market is classified into the airborne platform, land-based autopilot system, sea-based autopilot systems and sub-sea based autopilot system. Every segment by the platform is classified into human-crewed vehicles and uncrewed vehicles sub-segments. Airborne platform segment is expected to hold the large share and also a fastest growing segment with CAGR of XX%. Increasing demand for lessening operating costs, to improve
South America Autopilot Systems Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
the efficiency and safety of the operations of the flight, and allow flight automation. As a result of this, major market players are continually investing in the development of high-end autopilot systems with advanced architecture are driving the growth of this segment.
By component, the market is segmented into GPS, Gyros, Actuators, Software & System Integration. GPS segment is further classified into hardwired GPS, GPS loggers and Real-time GPS. Gyros segment is further classified into Fog & RLG and MEMS gyros. Actuator segment is divided into electro-hydraulic actuators, electro-pneumatic actuators, hydraulic actuators and mechanical actuators. GPS segment holds the most significant market share is owing to providing the positioning abilities to military, civil and commercial users and also to improve the utility of the GPS positioning system. Gyroscopic autopilot system is witnessing the brisk growth rate and is mainly used for the aviation uses and has been the origin of many diverse aircraft control systems.
By application, the market is classified into commercial applications and defence and homeland security application. Commercial applications segment is further classified into navigation, agriculture, safety operations, oil & gas, news & media. Defence and homeland security application are further classified into navigation, public safety, ISR and combat operations. Commercial application segment is expected to hold the large share is owing to higher adoption rate and usage in diverse sub-segments. Defence and homeland security applications are the promising segment during the forecast period. By geography, the market is classified into Brazil, Argentina and other regions. Countries in South America are estimated to offer profitable prospects to
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South America Autopilot Systems Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
companies of autopilot systems to capitalise on. This growth can also be attributed to growth air travels in emerging countries including Brazil and some others.
South America Autopilot Systems Market Trends:
- ComNav launched the autopilot system 1420 with a feature of having prior knowledge to calculate the rudder position.
- MicroPilots achieved STANAG 4586 compatibility through integration with Lockheed Martin’s unmanned systems software ecosystem.
South America Autopilot Systems Market Research Reports Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Rockwell Collins, Inc.
- BAE Systems PLC
- Garmin Ltd.
- Trimble Navigation Limited.
- Furuno Electric Co. Ltd.
Along with these companies, there were many other companies are considered in the report while analysing the South America Autopilot Systems market. These companies held substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.
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