Autonomous Navigation Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Autonomous Navigation Market is projected to reach USD 13.5 billion by 2028, at a CAGR of 16% from 2022 to 2028. 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.

Company Profile

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.

Market Segmentation

By Solution

• Sensing System
• Processing Unit
• Software

By Application

• Commercial
• Defence

By Vehicle Type

• AGVs
• Mobile Robots
• UUVs
• Drones

Scope of the Report

The research study analyzes the Autonomous Navigation Market 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 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Autonomous Navigation Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Autonomous Navigation Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.