Autonomous Navigation Market - Trends Forecast Till 2028

Market Overview

Global Autonomous Navigation Market is anticipated to reach USD 3.8 billion in 2021 growing at a CAGR of 17.2% during the forecasting period, 2021-2028.

Autonomous navigation as suggested by the word means the vehicle can navigate the path on its own and has the sense of decision. In some cases, this can be used to plan or can also be used for information purposes. Sensors are used to achieve the Moto of such navigation. Autonomous navigation is all set to lay the foundation of a humanoid robot, driverless car, military system, etc. Navigation is classified into 3 types 1. Self-localisation 2. Path planning 3. Map building and interpretation.

An increased acceptance of an autonomous robot in the market and the development of sense and avoid systems are some of the factors that have supported long-term expansion for the Global Autonomous Navigation industry.

Key Findings

Global Autonomous Navigation Market is segmented into Solution, Platform, Application, and geography.

The solution segment is segmented into Sensing System, Software, and Processing Unit

The platform segment is segmented into Airborne, Land, Space, Marine, Weapon

Application segment is segmented into Commercial, Military & Government

Geographically, the global Autonomous Navigation Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East, and Africa and South America, and insights are provided for each region and major countries within the regions

Competitive Landscape

Key players in the global Autonomous Navigation Market are Raytheon (US), Thales (France), Northrop Grumman (US), Safran (France), and Honeywell International (US) among others.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
• Gain authentic and granular data access for Global Autonomous Navigation Market to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope