The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Growing air traffic is likely to stimulate innovation in the production of aircraft autopilot systems, propelling the market during the forecast period.

The global aircraft autopilot system market is expected to grow from $4.78 billion in 2022 to $5.20 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The global aircraft autopilot system market size is expected to reach $7.02 billion in 2027 at a CAGR of 7.8%.

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Global Aircraft Autopilot System Market Segments Include:

• By Components: Computer System, Gyros, Global Positioning System (GPS), Actuators
• By Type: Fixed Wing, Rotary Wing
• By System: Attitude and Heading Reference System, Flight Director System, Flight Control System, Avionics System, Other Systems
• By Application: Commercial, Military, Civil
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global aircraft autopilot system market in 2021.

Major Market Players in the aircraft autopilot system market include Honeywell International Inc., MicroPilot, Lockheed Martin Corporation, BAE Systems PLC, Collins Aerospace (United Technologies Corporation), Furuno Electric Co. Ltd.

Technological advances are a crucial trend that is gaining traction in the aviation autopilot system market. To maintain their market position, companies in the aviation autopilot system market are adopting new technologies and creating unmanned aircraft systems (UAS) with superior autopilot technology. For example, in April 2021, uAvionix, a company based in the United States that is producing the smallest, lightest, and most affordable ADS-B transponder, will unveil Georg, the first autopilot for unmanned aircraft systems (UAS). George, weighing 80 grammes, is an enterprise-certified low-size, weight, and power (SWaP) solution. It is based on CubePilot’s open-source autopilot Cube. George connects Cube with DAL-C hardware, safety, and sensor monitoring, enabling clients to meet the type certification and safety case standards for BVLOS missions.

The Aircraft Autopilot System Global Market Report 2023  provides a aircraft autopilot system market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The aircraft autopilot system market forecast analyzes aircraft autopilot system market size, aircraft autopilot system market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An aviation autopilot system is a device that can guide an aircraft without the pilot’s direct help. It works as software or a tool to control the aircraft under specific conditions by utilising the vehicle’s hydraulic, mechanical, and electronic systems. It can control the aircraft’s direction, stabilise speed and height, and regulate the flight plan.

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