Autonomous aircraft software market (products, applications & geography). This study presents a market analysis, trends and future estimates by 2027.
PORTLAND, ORAGON, USA, Sep 17, 2021 /EINPresswire.com/ – Autonomous Aircraft Software Market Outlook – 2027
The global autonomous aircraft software market is experiencing significant growth owing to the increasing purchases of autonomous drones around the world. An autonomous aircraft is a fully automated piloted or unmanned aircraft that requires minimal or no human intervention in its operations. Autonomous aircraft software includes autopilot software that performs operations such as flight control, radio management, optical flow, navigation, and obstacle avoidance, among others. Additionally, stand-alone aircraft software such as ArduPilot, Nuttx, Linux distributions, and Microsoft IOT are real-time systems that require rapid response to changing sensor data. However, on the other hand, cargo and utility aircraft are the first to adopt this autonomous flight technology after continuous and rigorous testing.
Major players analyzed in the report include Northrop Grumman Corporation, Rockwell Collins, Lockheed Martin Corporation, Boeing, Elbit Systems Ltd., Airbus SAS, Textron Inc., BAE Systems plc, Saab AB and Aeronautics Ltd.
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Analysis of the COVID-19 scenario:
Autonomous flight systems testing will be delayed due to operational issues caused by travel restrictions imposed by governments around the world as a precautionary measure against COVID-19.
The government imposed the lockdown to slow the spread of COVID-19 has impacted research and development of the autonomous flight system as well as projects being installed or upgraded to the system.
Autonomous system manufacturers rely heavily on various component and raw material suppliers to test and develop autonomous flight systems. However, government restrictions on transportation services to control the COVID-19 outbreak have disrupted the supply chain.
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The aviation industry suffers financial losses in the maintenance of airlines and airports without any revenue growth, due to the drop in passenger air traffic after travel bans imposed by governments around the world to control the epidemic of COVID-19.
Main impact factors: analysis of market scenarios, trends, drivers and impact analysis
An increase in autonomy to reduce human error, an increase in the demand for profitable aircraft operation, and an increase in the adoption of artificial intelligence in autonomous systems are the factors driving the global software market. autonomous aircraft. However, government policy and regulation regarding safety concerns related to reliance on autonomous aircraft during emergency events is hampering the growth of the market. On the contrary, the increased use of autonomous vehicles due to the availability on demand and the increase of aerial platforms for urban mobility present new avenues in the industry.
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The global autonomous aircraft software market trends are as follows:
Gain autonomy to reduce human errors
Autonomous aircraft reduce the risk of human error in difficult terrain or in situations where humans cannot operate. For example, in 2019, Erickson Inc. (an aviation company headquartered in Oregon, USA) signed a contract to integrate the S-64 (aerial crane helicopter) with Sikorsky (a builder aviation headquartered in Connecticut, USA) MATRIX Technology autonomous flight control. Matrix is a combination of hardware and software flight technology that gives the operator the ability to fly helicopters reliably as autonomous or possibly piloted airplanes. Additionally, the matrix was installed and tested on a modified S-76B (mid-size utility helicopter) to take advantage of full authority flight controls for autonomous flight for take-off, route planning, flight selection. site and landing. In addition, stand-alone systems provide the ability to operate in low visibility situations where a pilot‘s vision could be obscured by smoke. Such innovations in autonomous flight systems will drive the global autonomous aircraft software market.
Main advantages of the report:
This study presents the analytical description of the global Autonomous Aircraft Software industry along with current trends and future estimates to determine impending investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Autonomous Aircraft Software market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario of the Global Autonomous Aircraft Software Market.
Porter’s Five Forces Analysis illustrates the power of buyers and suppliers in the marketplace.
The report provides a detailed analysis of the global autonomous aircraft software market based on the competitive intensity and how the competition will shape in the coming years.
Questions Answered in the Autonomous Aircraft Software Market Research Report:
Who are the major market players active in the Autonomous Aircraft Software market?
What are the current trends that will influence the market in the coming years?
What are the driving factors, constraints and opportunities in the market?
What are the projections for the future that could help take further strategic action?
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