A new Report by Delvens, titled "Autopilot Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The Autopilot market size is projected to reach a CAGR of 6.5% to 2028.
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Autopilot is a mode or a system wherein the path control of the aircraft, car, marine craft or spacecraft is automated without much needed human intervention frequently. It just gives the path control and thus is unable to be a human replacement rather acts as an aid to the human operator. It was firstly developed by Sperry corporation in the year 1912.
Technological advancements along with the need for accuracy along with minimal human interference are some of the factors that have supported long-term expansion for Autopilot Market.
Key Players of Autopilot Market
· Century Flight Systems Inc.
· Honeywell International Inc.
· Cloud Cap Technology
· BAE Systems Plc.
· TMQ International
· Rockwell Collins Inc.
· Garmin LPlc
· Cobham Plc.
· Furuno Electric Co. Ltd. and More
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Recent Developments
In 2020, Honeywell (NYSE: HON) has formed a new business unit dedicated to the growing Unmanned Aerial Systems and Urban Air Mobility (UAM) industries.
Collins Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), has launched a next-generation Piccolo Elite autopilot featuring advanced sensors, powerful processing upgrades and a new separated lift thrust take-off and landing (VTOL) controller for unmanned aerial vehicles (UAV).
Autopilot Market is segmented into platform, application, component and region.
On the basis of Platform
· Airborne
· Land based
· Sea
· Subsea
On the basis of Component
· GPS
· Gyro
· Actuators
· Software
On the basis of Application
· Commercial
· Defence
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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In addition to the market data for Autopilot Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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