Zion Market Research Autopilot System Market, 2016–2024 | Page 3

Autopilot System Market
market. The other factors expected to fuel the global market are technologically advanced
systems, minimal human intervention, navigation system accuracy, total control, and
monitoring to avoid accidents. The ‘Do It Yourself’ autopilots prove beneficial for the
unmanned aerial vehicles which in turn boost the global market growth. The stringent
government regulatory policies, high maintenance cost, and complex communication, as
well as integration problems associated with the other systems, restrain the global autopilot
market. The involvement of high-cost electronics and sometimes failures of the software or
hardware in the systems also hampers the growth of the global market.
Global Autopilot System Market: Segmentation
The global autopilot system market is bifurcated based on the product, application, platform,
component, and geography. The product segment is categorized into airborne, land-based,
sea, and subsea. The airborne, land-based, and sea subsegments are further categorized
into manned and unmanned. The application segment is divided into homeland security,
defense, and commercial. The component segment is classified into gyros, software,
actuators, and GPS. The regional segmentation includes Europe, the Middle East and
Africa, Asia-Pacific, North America, and Latin America.
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Global Autopilot System Market: Regional Analysis
North America and Europe is expected to dominate the global autopilot systems market.
The regions in Asia-Pacific region are expected to show positive growth. The U.S. in North
America propels the global autopilot system market growth. The regions such as Asia-