The current Switzerland boss is optimistic about the Bundesliga leaders's chances of reaching the Champions League last eight after they almost surrendered victory last season
The Gunners were beaten 3-1 in the home leg in last season's encounter but came close to stunning the eventual winners when they won 2-0 at the Allianz Arena in the second leg, ultimately losing out to the German champions on away goals.
Hitzfeld has acknowledged the quality at Arsene Wenger's disposal but believes the Bavarians will have learned from their complacency in the 2012-13 encounter.
"Of course, Arsenal are a top team, but Bayern know them very well. They seemed to underestimate them in last year's second leg, but that will not happen again," Hitzfeld told AZ.
"Bayern will have learned from last year's mistakes.
"Arsenal might have Mesut Ozil, Santi Cazorla, Olivier Giroud and Lukas Podolski, but Bayern will progress."
Bayern will visit the Emirates Stadium for the first leg on February 18/19 or 25/26 before the return fixture in March.