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Autonomous Navigation Market Report and Forecast 2024-2032

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    Report

  • 189 Pages
  • January 2024
  • Region: Global
  • Expert Market Research
  • ID: 5934653
According to the report, the global autonomous navigation market is projected to grow at a CAGR of 16.10% between 2024 and 2032 to reach a value of about USD 20.6 billion by 2032. . Aided by the rapid advancements in artificial intelligence (AI) and the escalating demand for autonomy across transportation and industrial sectors, the market is expected to grow significantly by 2032.

Autonomous navigation, an intricate fusion of sensor technologies, machine learning, and control systems, enables vehicles and machines to move and operate in their environments without human intervention. From self-driving cars and autonomous drones to robotic vacuum cleaners and industrial automation systems, the realm of autonomous navigation is expansive and continues to grow.

The precipitous rise of smart cities and the continuous push towards automation across sectors are pivotal in driving the autonomous navigation market growth. As urban centres globally strive for enhanced efficiency, reduced traffic congestion, and better transportation systems, autonomous navigation becomes a linchpin in realising these objectives. Self-driving cars, for instance, promise reduced traffic accidents, optimised traffic flow, and a drastic reduction in carbon emissions.

Simultaneously, the defense and aerospace sectors have been generating a steady autonomous navigation market demand. Drones equipped with advanced navigation systems are increasingly being deployed for surveillance, reconnaissance, and even delivery purposes. Such applications not only enhance operational efficiency but also reduce human exposure to potentially hazardous environments.

Moreover, with the relentless advancements in AI and machine learning, the capabilities of autonomous navigation systems have expanded exponentially. Systems today are capable of real-time data processing, dynamic decision-making, and adapting to ever-changing environments. These capabilities are particularly crucial in sectors like healthcare, where robotic assistants can now navigate hospital corridors autonomously, delivering supplies and aiding healthcare professionals.

As per the autonomous navigation market analysis, the integration of the Internet of Things (IoT) with autonomous navigation further amplifies the market's potential. Connected devices, constantly communicating and sharing data, can enhance the precision and reliability of autonomous navigation systems. This convergence of connectivity and autonomy is set to revolutionise sectors like logistics, where autonomous fleets can operate seamlessly, driven by real-time data and insights.

The global autonomous navigation market's horizon looks promising. As the confluence of technology, connectivity, and global trends toward automation shape the future, autonomous navigation stands at the forefront, promising a world characterised by efficiency, safety, and innovation.

Market Segmentation

The market can be divided based on platform, solution, application, and region.

Market Breakup by Platform

  • Airborne
  • Land
  • Space
  • Marine
  • Weapons

Market Breakup by Solution

  • Sensing System
  • Software
  • Processing Unit

Market Breakup by Application

  • Commercial
  • Military and Government

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global autonomous navigation market. Some of the major players explored in the report are as follows:
  • L3Harris Technologies, Inc.
  • Collins Aerospace (Raytheon Technologies Corp.)
  • Raytheon Anschütz GmbH
  • Safran
  • Honeywell International Inc.
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Autonomous Navigation Market Analysis
8.1 Key Industry Highlights
8.2 Global Autonomous Navigation Historical Market (2018-2023)
8.3 Global Autonomous Navigation Market Forecast (2024-2032)
8.4 Global Autonomous Navigation Market by Platform
8.4.1 Airborne
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Land
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Space
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Marine
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Weapons
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2023)
8.4.5.3 Forecast Trend (2024-2032)
8.5 Global Autonomous Navigation Market by Solution
8.5.1 Sensing System
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Software
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Processing Unit
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.6 Global Autonomous Navigation Market by Application
8.6.1 Commercial
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Military and Government
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.7 Global Autonomous Navigation Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 L3Harris Technologies, Inc.
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Collins Aerospace (Raytheon Technologies Corp.)
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Raytheon Anschütz GmbH
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Safran
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Honeywell International Inc.
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Autonomous Navigation Market: Key Industry Highlights, 2018 and 2032
2. Global Autonomous Navigation Historical Market: Breakup by Platform (USD Billion), 2018-2023
3. Global Autonomous Navigation Market Forecast: Breakup by Platform (USD Billion), 2024-2032
4. Global Autonomous Navigation Historical Market: Breakup by Solution (USD Billion), 2018-2023
5. Global Autonomous Navigation Market Forecast: Breakup by Solution (USD Billion), 2024-2032
6. Global Autonomous Navigation Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Autonomous Navigation Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Autonomous Navigation Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Autonomous Navigation Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Autonomous Navigation Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Autonomous Navigation Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Autonomous Navigation Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Autonomous Navigation Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Autonomous Navigation Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Autonomous Navigation Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Autonomous Navigation Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Autonomous Navigation Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Autonomous Navigation Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Autonomous Navigation Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Autonomous Navigation Market Structure.

Companies Mentioned

  • L3Harris Technologies Inc.
  • Collins Aerospace (Raytheon Technologies Corp.)
  • Raytheon Anschütz GmbH
  • Safran
  • Honeywell International Inc.

Methodology

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