The global Navigation Sensors market size is predicted to grow from US$ 600 million in 2025 to US$ 1046 million in 2031; it is expected to grow at a CAGR of 9.7% from 2025 to 2031.
Navigation sensors are devices used to determine the position, orientation, and movement of an object or vehicle. They are commonly used in various applications such as aviation, maritime navigation, autonomous vehicles, and personal navigation systems. These sensors provide crucial information for accurate navigation and guidance.
United States market for Navigation Sensors is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Navigation Sensors is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Navigation Sensors is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Navigation Sensors players cover Nidec Motor Corporation, Honeywell, Parker, SICK, SBG Systems, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Navigation Sensors Industry Forecast” looks at past sales and reviews total world Navigation Sensors sales in 2024, providing a comprehensive analysis by region and market sector of projected Navigation Sensors sales for 2025 through 2031. With Navigation Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Navigation Sensors industry.
This Insight Report provides a comprehensive analysis of the global Navigation Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Navigation Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Navigation Sensors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Navigation Sensors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Navigation Sensors.
This report presents a comprehensive overview, market shares, and growth opportunities of Navigation Sensors market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Optical Navigation Sensor
Magnetic Navigation Sensor
Segmentation by Application:
Robot
Industrial Automation
UAV Navigation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Nidec Motor Corporation
Honeywell
Parker
SICK
SBG Systems
KONGSBERG
CODICO
CMC Electronics
Diginext
PixArt
MultiDimension Technology
Shanghai Yuanben Magnetoelectric Tech
MEMSPlus
Key Questions Addressed in this Report
What is the 10-year outlook for the global Navigation Sensors market?
What factors are driving Navigation Sensors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Navigation Sensors market opportunities vary by end market size?
How does Navigation Sensors break out by Type, by Application?
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