The global autopilot system market research report includes the autopilot systems in airborne, sea, subsea and land vehicles. This report provides the market analysis of the global autopilot system market over the next five years. It discusses about the industry, market, and technology trends that are currently prevailing in the autopilot system market. The autopilot report categorizes the global market on the basis of the types, geography, country and application. The global autopilot market would exhibit a robust growth over the next 5 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.
The autopilot system market is driven by the increasing demand of aircraft and increasing need of accuracy in the navigation system. Due to monetary downturn, major countries like the U.S. and the U.K. are facing economic difficulties. Nevertheless, the autopilot system market share is maximally held by the U.S. and the U.K. The key manufacturers such as Simrad and Garmin are from this particular region.
The Asia-Pacific and European regions will prove to be emerging markets for the autopilot system market. The report gives insights into regional trends for spending and analyzing market share. It talks about the leading competitors in the autopilot system market and apart from a general overview of the companies; it also provides financial analysis, products and services, and key developments