Autonomous Navigation Market By System (Sensing System, Processing System, Software System), By Platform (Airborne, Land, Marine, Space, Weapons), By Application (Commercial, Military, Government): Global Opportunity Analysis and Industry Forecast, 2021-2031
Autonomous navigation system, sometimes described as ‘level 5 automation’ is the ability of robots and automated systems to map the environment and plan their path, without human assistance. It can be found in drones, robots, cars, boats, and other vehicles. The system not only maintain its own stability as it moves but also can plan its movements. For successful autonomous navigation based on a robot operating system, systems such as inertial navigation, global navigation satellite systems (GNSS), radars, LiDARs, cameras, odometers, barometers, ultrasonic sensors, and infrared sensors are used. At present, rise in level of autonomous navigation in mobile robots, expanding interest in in the improvement of marine autonomous frameworks, and surged utilization of autonomous frameworks on war grounds to collect information through activities related to Intelligence, Surveillance and Reconnaissance (ISR) at real-time, propels the growth of the autonomous navigation market. For instance, in November 2021, Honeywell International Inc. launched two new resilient navigation systems, the Honeywell Compact Inertial Navigation System and Honeywell Radar Velocity System. They were designed for commercial and military applications requiring reliable navigation solutions with low size, weight, and power.
The factors such as increase in demand for sense & avoid system in autonomous system, rise in adoption of autonomous robot in commercial & military applications, and increase in demand for real-time data in military applications supplement the growth of the autonomous navigation market. However, lack of standard infrastructure for operation of autonomous systems in developing countries and privacy & security concerns related to data are the factors expected to hamper the growth of the autonomous navigation market. In addition, increased demand for improved surveillance and proactive government initiatives & support are expected to create ample opportunities for the key players operating in the autonomous navigation market.
The autonomous navigation market is segmented on the basis of system, platform, application, and region. Based on system, the market is divided into sensing system, processing system, and software system. Based on platform, the market is fragmented into airborne, land, marine, space, and weapons. Based on application, the market is categorized into commercial, military, and government. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
The leading players operating in the autonomous navigation market are ABB, ENWAY, Fixposition AG, Furuno, General Dynamics, Honeywell International, Kongsberg Gruppen, L3 Harris Technologies, Moog Inc., NAVENTIK GmbH, Northrop Grumman, Raytheon Technologies, Rh Marine, Rolly Royce, Safran, Thales Group, and Trimble. Key innovators operating in the industry are Blickfeld, ModalAI, Starfish Space, Trustpoint, and Xona Space Systems.
Key Benefits For Stakeholders
This study presents analytical depiction of the global autonomous navigation market analysis along with current trends and future estimations to depict imminent investment pockets.
The overall autonomous navigation market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global autonomous navigation market with a detailed impact analysis.
The current autonomous navigation market is quantitatively analyzed from 2021 to 2031 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Market Segments
By Application
Commercial
Military
Government
By System
Sensing System
Processing System
Software System
By Platform
Airborne
Land
Marine
Space
Weapons
By Region
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Russia
Italy
Spain
Greece
Norway
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Singapore
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
ABB
Honeywell International
Safran
General Dynamics
Raytheon Technologies
Thales Group
Trimble
L3 Harris Technologies
Moog Inc.
Furuno
Kongsberg Gruppen
Northrop Grumman
Rh Marine
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