Market Size of Aircraft Autopilot System Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 5.96 Billion |
| Market Size (2029) | USD 7.96 Billion |
| CAGR (2024 - 2029) | 5.97 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Aircraft Autopilot System Market Analysis
The Aircraft Autopilot System Market size is estimated at USD 5.96 billion in 2024, and is expected to reach USD 7.96 billion by 2029, growing at a CAGR of 5.97% during the forecast period (2024-2029).
The enhanced safety requirements of the aviation industry drive the market. The advent of the fly-by-wire (FBW) concept necessitates the integration of advanced flight computers onboard an aircraft. Furthermore, to ensure optimal safety levels and enhance the pilots' situational awareness, the global aviation regulatory agencies have mandated the installation of an autopilot system in conjunction with the flight director system.
The development of advanced aircraft capable of automated flights is driving the ongoing R&D for aircraft autopilot systems. Once the technology is fully developed and becomes commercially feasible, it is anticipated to enhance the business prospects of the market players.
Moreover, stringent regulations from aviation authorities regarding utilizing autopilot systems will require the developers to increase their scope of R&D to get their autopilot systems certified. For instance, the European Union Aviation Safety Agency (EASA) has proposed to develop various ways for airlines to operate aircraft with a single pilot. EASA anticipates that the transition might happen as early as 2027. The EASA plan has two concepts that need to be incorporated: extended minimum manned operations (eMCO) and single pilot operations (SiPO). Such developments will fuel the autopilot systems market as this will demand single pilot autonomy systems and error-tolerant cockpit designs.
Aircraft Autopilot System Industry Segmentation
An autopilot system is used to automate guiding and controlling the aircraft. A typical autopilot system can automate multiple tasks, such as attitude and altitude maintenance, rate of climb and descent, and course interception and guidance. To provide a comprehensive outlook, the aircraft autopilot system market encompasses companies offering autopilot and flight director software and hardware components. Market estimates are based on line-fit installations of autopilot systems in the cockpit of new-generation aircraft being procured by airline operators worldwide and do not include retrofitting old-generation aircraft. Furthermore, the report does not consider unmanned aerial vehicles (UAVs) but considers rotorcraft and experimental demonstrators, such as NASA X-57.
The aircraft autopilot system market is segmented by system, application, and geography. The aircraft autopilot system market is segmented by the system into attitude and heading reference systems, flight director systems, flight control systems, and avionics systems. By application, the market is segmented into civil, commercial, and military. By geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
The market sizing and forecasts for all the segments have been provided in value (USD).
| System | |
| Attitude and Heading Reference System | |
| Flight Director System | |
| Flight Control System | |
| Avionics System |
| Application | |
| Civil and Commercial | |
| Military |
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Aircraft Autopilot System Market Size Summary
The aircraft autopilot system market is poised for significant growth, driven by the increasing safety requirements in the aviation industry and the integration of advanced flight technologies such as fly-by-wire systems. Regulatory mandates from global aviation authorities, including the FAA and EASA, have necessitated the installation of autopilot systems to enhance pilot situational awareness and ensure optimal safety levels. The market is further propelled by ongoing research and development efforts aimed at developing advanced aircraft capable of automated flights. These advancements are expected to improve the commercial viability of autopilot technologies, thereby expanding the market's business prospects. The push towards single-pilot operations and error-tolerant cockpit designs, as proposed by EASA, is anticipated to further stimulate demand for sophisticated autopilot systems.
The market landscape is characterized by a fragmented structure with key players such as BAE Systems, Honeywell International, and Safran leading the charge in innovation and development. The demand for new aircraft, driven by increasing passenger traffic and geopolitical tensions, is bolstering the market's growth. Notably, the Asia-Pacific region is expected to see a substantial increase in aircraft movements, with countries like China and India emerging as major aviation markets. The military sector also contributes to market expansion, with countries investing in advanced autopilot systems for modern fighter aircraft. Continuous advancements in integrated autopilot technologies, supported by significant investments in research and development, are enhancing the accuracy and efficiency of these systems, further solidifying the market's growth trajectory.
Aircraft Autopilot System Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Industry Attractiveness - Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 System
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2.1.1 Attitude and Heading Reference System
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2.1.2 Flight Director System
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2.1.3 Flight Control System
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2.1.4 Avionics System
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2.2 Application
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2.2.1 Civil and Commercial
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2.2.2 Military
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.2 Europe
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2.3.2.1 United Kingdom
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2.3.2.2 Germany
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Russia
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 South Korea
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2.3.3.5 Australia
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Latin America
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2.3.4.1 Brazil
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2.3.4.2 Mexico
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2.3.4.3 Rest of Latin America
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2.3.5 Middle East and Africa
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2.3.5.1 United Arab Emirates
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2.3.5.2 Saudi Arabia
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2.3.5.3 South Africa
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2.3.5.4 Rest of Middle East and Africa
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Aircraft Autopilot System Market Size FAQs
How big is the Aircraft Autopilot System Market?
The Aircraft Autopilot System Market size is expected to reach USD 5.96 billion in 2024 and grow at a CAGR of 5.97% to reach USD 7.96 billion by 2029.
What is the current Aircraft Autopilot System Market size?
In 2024, the Aircraft Autopilot System Market size is expected to reach USD 5.96 billion.
