The Autonomous Navigation Market size was estimated at USD 4.49 billion in 2022 and expected to reach USD 5.63 billion in 2023, at a CAGR 25.49% to reach USD 27.64 billion by 2030.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Autonomous Navigation Market.
Based on Platform, market is studied across Airborne, Land, Marine, Space, and Weapon. The Airborne is further studied across Autonomous Aircraft and Autonomous Drone. The Land is further studied across Autonomous Car, Autonomous Industrial Robot, and Autonomous Train. The Marine is further studied across Autonomous Ship, Autonomous Surface Vehicle, and Autonomous Underwater Vehicle. The Space is projected to witness significant market share during forecast period.
Based on Solution, market is studied across Processing Unit, Sensing System, and Software. The Sensing System is further studied across Automatic Identification System, Camera, GNSS, INS, Lidar, Radar, and Ultrasonic System. The Software is further studied across Computer Vision and Machine Learning. The Software is projected to witness significant market share during forecast period.
Based on Application, market is studied across Commercial and Military & Government. The Commercial is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Autonomous Navigation Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Autonomous Navigation Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Autonomous Navigation Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Autonomous Solutions, Inc., BlueBotics SA by Zapi S.p.A., Brain Corporation, Clearpath Robotics, Inc., Furuno Electric Co., Ltd., General Dynamics Corporation, Honeywell International Inc., KINEXON GmbH, Kongsberg Gruppen ASA, KVH Industries, Inc., L3 Technologies, Inc., Moog Inc., Near Earth Autonomy, Inc., Northrop Grumman Corporation, RH Marine, Rolls-Royce Holdings plc, RTX Corporation, Safran S.A., Skydio, Inc., Swift Navigation, Inc., Thales Group, Trimble Inc., Velodyne Lidar, Inc. by Ouster, Inc., and Yujin Robot Co., Ltd.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast for the Autonomous Navigation Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Autonomous Navigation Market?
- What is the competitive strategic window for identifying opportunities in the Autonomous Navigation Market?
- What are the latest technology trends and regulatory frameworks in the Autonomous Navigation Market?
- What is the market share of the leading vendors in the Autonomous Navigation Market?
- Which modes and strategic moves are suitable for entering the Autonomous Navigation Market?