Global Autonomous Navigation Market

Global Autonomous Navigation Market Size, Share, Growth Analysis, By Solution(Sensing System, Software), By Platform(Airborne, Land), By Application(Commercial, Military & Government) - Industry Forecast 2023-2030


Report ID: SQMIG45H2022 | Region: Global | Published Date: February, 2024
Pages: 163 | Tables: 91 | Figures: 76

Global Autonomous Navigation Market Insights

Autonomous Navigation Market size was valued at USD 3.24 billion in 2021 and is poised to grow from USD 4.28 billion in 2022 to USD 13.98 billion by 2030, growing at a CAGR of 31.92% in the forecast period (2023-2030).

Autonomous navigation system is a collection of complex systems that assist in making decisions based on their surroundings and operating the vehicle accordingly without the need for human interaction. It can be found in drones, robots, cars, boats, and other vehicles. For accurate and safe vehicle navigation, modern technologies and autonomous navigation algorithms are used in navigation systems technology. 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.

The development of sense and avoid systems in autonomous robots, the widespread deployment of autonomous robots for commercial and military purposes, and the demand for autonomous robots in logistics are all likely to drive market growth.

US Autonomous Navigation Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2023-2030

Global Market Size

USD 3.24 billion

Largest Segment

Commercial

Fastest Growth

Military

Growth Rate

31.92% CAGR

Global Autonomous Navigation Market, 2021-2027 ($ Mn)
Country Share for Asia Pacific Region- 2021 (%)
Global Autonomous Navigation Market Size By Application , 2021-2027 ($ Mn)
Global Autonomous Navigation Market Size By Application , 2021-2027 (%)

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Global Autonomous Navigation Market Segmental Analysis

Autonomous Navigation Market is segmented on the basis of solution, platform, application, and region. Based on the solution, the Autonomous Navigation Market is segmented as Sensing System, Software, Processing Unit. Based on the platform, the Autonomous Navigation Market is segmented as Airborne, Land, Space, Marine, Weapon. Based on the application, the Autonomous Navigation Market is segmented as Commercial, Military & Government. Based on region, Autonomous Navigation Market is categorized into: North America, Europe, Asia-Pacific, Latin America, and MEA

Autonomous Navigation Market Analysis by Solution

In 2021, the software segment of the market is projected to hold the most lucrative share of more than 20% in the global market. In autonomous vehicles, data analysis and management software is utilized to perform duties such as smooth mobility, health monitoring, and collision avoidance. The system's software is in charge of performing complex procedures as well as offering learning capabilities.

Autonomous Navigation Market Analysis by Application

In 2021, the commercial segment of the market is projected to hold the most lucrative share of more than 20% in the global market. Commercial includes all autonomous systems integrated into the aviation, automotive, logistics, and marine industries. Attributing to the various ongoing research and developments in robotics, computer vision, artificial intelligence, and edge computing capabilities, this market is likely to grow significantly in the future. The potential for improving output while lowering costs is projected to drive demand for autonomous systems in the future.

Global Autonomous Navigation Market By Application , 2021(%), 2021 (%)

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Global Autonomous Navigation Market Regional Insights

Based on the geographical viewpoint, the global autonomous navigation market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In 2021, the Asia-Pacific region is projected to hold the most substantial Global Autonomous Navigation Market share. This is attributed to the presence of the largest autonomous navigation market in China. With the country's expanding disposable wealth, China is one of the most important markets for high-tech automobiles. Almost every major automaker has made a bet on the Chinese market, which favors compact, low-cost passenger vehicles. As automobile penetration in developing countries is low compared to developed countries, a boom in demand is projected. The demand for automobiles has increased as China's automotive production levels have climbed. Baidu, a Chinese multinational technology corporation, and Volvo Cars, a Swedish automobile manufacturer, agreed in November 2018 to collaborate on the development of electric and completely autonomous cars that will be mass built in China. The market in China is likely to develop as investments in autonomous systems increase.

Global Autonomous Navigation Market By Geography, 2021 - 2027, 2023-2030
  • Largest
  • Fastest

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Global Autonomous Navigation Market Dynamics

Autonomous Navigation Market Drivers

  • The global autonomous navigation market will majorly prosper due to the logistics industry. Increasing popularity of online buying platforms is boosting the growth of e-commerce businesses. E-commerce enterprises offer speedier service, reliable features, and accessibility to its customers, thus making it an ideal option. This rise in popularity has resulted in the employment of robots in logistics. Rise in demand for retrieval systems, automated storage, automated guided vehicles, autonomous mobile robots, and aerial drones will bring lucrative growth opportunities for the market.
  • Another factor that drives the market growth is the increased adoption of autonomous navigation in unmanned vehicles for the military. Due to advanced technology and significant investment from governments throughout the world, the use of unmanned vehicles such as unmanned aerial vehicles (UAV), unmanned ground vehicles (UGV), and others in military applications has increased. As the use of unmanned vehicles for military operations grows, it has become more important to upgrade a UAV's communication and navigation system to boost efficiency and extend the range of the link. During military government surveillance applications, autonomous navigation plays a critical function in delivering situational awareness. Hence, this further contributes to market growth.

Autonomous Navigation Market Restraint

  • Factors hindering the market growth include the lack of standard infrastructure for the operation of robots in developing countries. The United States, the United Kingdom, China, and Japan have designed and developed logistical infrastructure that is compatible with autonomous vehicles. However, in Asia and the Middle East, lack of infrastructure and standard operating procedures for robots has impeded market expansion. Furthermore, in recent years, the usage of robots in production has increased. The market growth has been stifled by the lack of talent and understanding in the operation of autonomous systems.

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Global Autonomous Navigation Market Competitive Landscape

The market is consolidated in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions.

Top Players in the Global Autonomous Navigation Market

  • Google LLC
  • Apple Inc.
  • Tesla Inc.
  • Baidu Inc.
  • General Motors Company
  • Daimler AG
  • Ford Motor Company
  • BMW AG
  • Uber Technologies Inc.
  • Nissan Motor Co., Ltd.
  • Honda Motor Co., Ltd.
  • Toyota Motor Corporation
  • Volvo Group
  • Fiat Chrysler Automobiles N.V.
  • Volkswagen AG
  • Hyundai Motor Company
  • Aptiv PLC
  • Continental AG
  • Mobileye N.V.
  • HERE Technologies.

Autonomous Navigation Market Recent Developments

  • In December 2021, JETsense, a new intelligent voyage control solution from Sea Machines Robotics and HamiltonJet, uses autonomous navigation, multi-sensor fusion, and computer vision for ship navigation in the land and sea.

Global Autonomous Navigation Key Market Trends

  • The demand for autonomous navigation systems will rise as AI-based robots become more widely adopted. The manufacturing industry's operational processes have been optimized by the industrial revolution, which includes AI and Industry 4.0. In recent years, time and cost-saving features, as well as machines that require less human intervention, have been developed. Artificial intelligence-assisted autonomous robots have transformed a variety of industries. The autonomous navigation system plays a crucial role in autonomous robotics. This method enables robots to perceive their surroundings precisely and make the necessary judgments without the need for human interaction. Israel, Turkey, and India are all working on AI-based combat robots. The Israel Defense Forces (IDF) showcased a pack of AI-based drones used for combat operations to identify targets in November 2021.

Global Autonomous Navigation Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our Global Autonomous Navigation Market analysis, among the platform, the land segment is projected to hold a dominating share during the period. While among the solution and applications the software and commercial segments hold a dominating market share respectively. Further, procurement of UAVs is revolutionizing the industry growth.

Report Metric Details
Market size value in 2021 USD 3.24 billion
Market size value in 2030 USD 13.98 billion
Growth Rate 31.92%
Base year 2021
Forecast period 2023-2030
Forecast Unit (Value) USD Billion
Segments covered
  • Solution
    • Sensing System, Software, Processing Unit
  • Platform
    • Airborne, Land, Space, Marine, Weapon
  • Application
    • Commercial, Military & Government
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Google LLC
  • Apple Inc.
  • Tesla Inc.
  • Baidu Inc.
  • General Motors Company
  • Daimler AG
  • Ford Motor Company
  • BMW AG
  • Uber Technologies Inc.
  • Nissan Motor Co., Ltd.
  • Honda Motor Co., Ltd.
  • Toyota Motor Corporation
  • Volvo Group
  • Fiat Chrysler Automobiles N.V.
  • Volkswagen AG
  • Hyundai Motor Company
  • Aptiv PLC
  • Continental AG
  • Mobileye N.V.
  • HERE Technologies.
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Autonomous Navigation Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Autonomous Navigation Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Autonomous Navigation Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Autonomous Navigation Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Autonomous Navigation Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Autonomous Navigation Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Autonomous Navigation Market size was valued at USD 3.24 billion in 2021 and is poised to grow from USD 4.28 billion in 2022 to USD 13.98 billion by 2030, growing at a CAGR of 31.92% in the forecast period (2023-2030).

The market is consolidated in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions. 'Google LLC', 'Apple Inc.', 'Tesla Inc.', 'Baidu Inc.', 'General Motors Company', 'Daimler AG', 'Ford Motor Company', 'BMW AG', 'Uber Technologies Inc.', 'Nissan Motor Co., Ltd.', 'Honda Motor Co., Ltd.', 'Toyota Motor Corporation', 'Volvo Group', 'Fiat Chrysler Automobiles N.V.', 'Volkswagen AG', 'Hyundai Motor Company', 'Aptiv PLC', 'Continental AG', 'Mobileye N.V.', 'HERE Technologies.'

The global autonomous navigation market will majorly prosper due to the logistics industry. Increasing popularity of online buying platforms is boosting the growth of e-commerce businesses. E-commerce enterprises offer speedier service, reliable features, and accessibility to its customers, thus making it an ideal option. This rise in popularity has resulted in the employment of robots in logistics. Rise in demand for retrieval systems, automated storage, automated guided vehicles, autonomous mobile robots, and aerial drones will bring lucrative growth opportunities for the market.

The demand for autonomous navigation systems will rise as AI-based robots become more widely adopted. The manufacturing industry's operational processes have been optimized by the industrial revolution, which includes AI and Industry 4.0. In recent years, time and cost-saving features, as well as machines that require less human intervention, have been developed. Artificial intelligence-assisted autonomous robots have transformed a variety of industries. The autonomous navigation system plays a crucial role in autonomous robotics. This method enables robots to perceive their surroundings precisely and make the necessary judgments without the need for human interaction. Israel, Turkey, and India are all working on AI-based combat robots. The Israel Defense Forces (IDF) showcased a pack of AI-based drones used for combat operations to identify targets in November 2021.

Based on the geographical viewpoint, the global autonomous navigation market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In 2021, the Asia-Pacific region is projected to hold the most substantial Global Autonomous Navigation Market share. This is attributed to the presence of the largest autonomous navigation market in China. With the country's expanding disposable wealth, China is one of the most important markets for high-tech automobiles. Almost every major automaker has made a bet on the Chinese market, which favors compact, low-cost passenger vehicles. As automobile penetration in developing countries is low compared to developed countries, a boom in demand is projected. The demand for automobiles has increased as China's automotive production levels have climbed. Baidu, a Chinese multinational technology corporation, and Volvo Cars, a Swedish automobile manufacturer, agreed in November 2018 to collaborate on the development of electric and completely autonomous cars that will be mass built in China. The market in China is likely to develop as investments in autonomous systems increase.

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