Global Autopilot Systems Market to grow at a CAGR of 6.78% over the period 2014-2019
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  • Global Autopilot Systems Market to grow at a CAGR of 6.78% over the period 2014-2019

    (Transportation-News.com, May 07, 2015 ) An autopilot system is the major part of a vehicle management system and is used to command a vehicle without continuous supervision by human operator. It helps the operator in controlling and monitoring the vehicle. Autopilot systems are widely used in aviation, missiles (unmanned), spacecraft, and shipping industries.

    View report details with TOC at: http://www.researchmoz.us/global-autopilot-systems-market-2015-2019-report.html

    Global autopilot systems market to grow at a CAGR of 6.78% over the period 2014-2019. They consist of three major components including the programmer or mode selector, computer system, and actuator. A mode selector allows the pilot to program the autopilot system and helps in interacting with avionics system such as GPS and electronics system used to communicate or navigate multiple systems. The computer system receives the command from the programmer and transfers it to the actuator. The actuator is the motor that physically moves the vehicle. Autopilot systems enhance a pilot’s vehicle control capability and increases the cockpit efficiency by putting the vehicle into an auto-mode. It also reduces the overall operating costs.

    Covered in this report:

    This report covers the present scenario and the growth prospects of the global autopilot systems
    market for the period 2015-2019. To calculate the market size, the report considers revenue generated from autopilot systems solutions, software, applications, services, support, and maintenance.
    TechNavio's report, Global Autopilot Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes profile of key vendors operating in this market.

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    Market driver:
    Rising demand for automation
    For a full, detailed list, view our report

    Market challenge:
    High cost of autopilot systems
    For a full, detailed list, view our report

    Market trend:
    Growing demand for “Auto Pilot Landing Systems”
    For a full, detailed list, view our report

    Browse More related reports at: http://www.researchmoz.us/ict-market-reports-96.html

    Key questions answered in this report:-

    What will the market size be in 2019 and what will the growth rate be?
    What are the key market trends?
    What is driving this market?
    What are the challenges to market growth?
    Who are the key vendors in this market space?
    What are the market opportunities and threats faced by the key vendors?
    What are the strengths and weaknesses of the key vendors?


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