The Autonomous Navigation Market is estimated at USD 2.2 billion in 2018 and is projected to reach USD 13.5 billion by 2027, at a CAGR of 16% from 2021 to 2027.
Autonomous navigation systems provide the ability of a manned or unmanned system to choose its own route and navigate around them without human intervention. Autonomous navigation systems use sensors such as inertial navigation systems, satellite navigation systems, radar, cameras, ultrasonic and acoustic navigation. It also takes into account the dynamics of the system’s motion limits and autonomously defines its trajectory through the system or robot’s environment, coping with unexpected obstacles while maintaining stability.
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A full report of Global Autonomous Navigation Market is available at: https://www.orionmarketreports.com/autonomous-navigation-market/57839/
Market Segments
By Solution
- Sensing System
- Processing Unit
- Software
By Application
- Commercial
- Defense
By Vehicle Type
- AGVs
- Mobile Robots
- UUVs
- Drones
- Others
Key Players
The key players operating in the autonomous navigation market are Thales (France), Raytheon (US), Safran (France), Northrop Grumman (US), and Honeywell International (US), among others.
Scope of the Report
The research study analyzes the global Autonomous Navigation industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Autonomous Navigation Market Report
1. What was the Autonomous Navigation Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Autonomous Navigation Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Autonomous Navigation Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Autonomous Navigation market.
- The market share of the global Autonomous Navigation market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Autonomous Navigation market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Autonomous Navigation market.
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