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Autonomous Navigation Trends and Forecast
The future of the global autonomous navigation market looks promising with opportunities in the airborne, land, marine, space, and weapon markets. The global autonomous navigation market is expected to reach an estimated $7.0 billion by 2030 with a CAGR of 11.2% from 2024 to 2030. The major drivers for this market are growth in the need for autonomous systemsÄX%$%X perceive and avoid systems, growth in the use of autonomous robots for both military and commercial purposes, as well as a rise in the need for real-time data in military applications.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Autonomous Navigation by Segment
The study includes a forecast for the global autonomous navigation by solution, platform, application, and region.
Autonomous Navigation Market by Solution [Shipment Analysis by Value from 2018 to 2030]:
• Hardware
• Software
Autonomous Navigation Market by Platform [Shipment Analysis by Value from 2018 to 2030]:
• Airborne
• Land
• Marine
• Space
• Weapon
Autonomous Navigation Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Commercial
• Military & Government
Autonomous Navigation Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Autonomous Navigation Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies autonomous navigation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the autonomous navigation companies profiled in this report include-
• Honeywell
• Thales
• Northrop Grumman
• General Dynamics
Autonomous Navigation Market Insights
Lucintel forecasts that hardware is expected to witness the higher growth over the forecast period because the advancements in autonomous navigation have revolutionized the field, with sensors, processors, and connectivity.
APAC is expected to witness highest growth over the forecast period because the region has emerged as a hub for automobile production, infrastructural developments and industrialization in emerging economies have opened new avenues, creating several opportunities for automotive OEMs.
Features of the Global Autonomous Navigation Market
Market Size Estimates: Autonomous navigation market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Autonomous navigation market size by solution, platform, application, and region in terms of value ($B).
Regional Analysis: Autonomous navigation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different solution, platform, application, and regions for the autonomous navigation market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the autonomous navigation market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the autonomous navigation market size?
Answer: The global autonomous navigation market is expected to reach an estimated $7.0 billion by 2030.
Q1. What is the growth forecast for autonomous navigation market?
Answer: The global autonomous navigation market is expected to grow with a CAGR of 11.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the autonomous navigation market?
Answer: The major drivers for this market are growth in the need for autonomous systemsÄX%$%X perceive and avoid systems, growth in the use of autonomous robots for both military and commercial purposes, as well as a rise in the need for real-time data in military applications.
Q3. What are the major segments for autonomous navigation market?
Answer: The future of the global autonomous navigation market looks promising with opportunities in the airborne, land, marine, space, and weapon markets.
Q4. Who are the key autonomous navigation market companies?
Answer: Some of the key autonomous navigation companies are as follows:
• Honeywell
• Thales
• Northrop Grumman
• General Dynamics
Q5. Which autonomous navigation market segment will be the largest in future?
Answer: Lucintel forecasts that hardware is expected to witness the higher growth over the forecast period because the advancements in autonomous navigation have revolutionized the field, with sensors, processors, and connectivity.
Q6. In autonomous navigation market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period because the region has emerged as a hub for automobile production, infrastructural developments and industrialization in emerging economies have opened new avenues, creating several opportunities for automotive OEMs.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the autonomous navigation market by solution (hardware and software), platform (airborne, land, marine, space, and weapon), application (commercial and military & government), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Autonomous Navigation Market, Autonomous Navigation Market Size, Autonomous Navigation Market Growth, Autonomous Navigation Market Analysis, Autonomous Navigation Market Report, Autonomous Navigation Market Share, Autonomous Navigation Market Trends, Autonomous Navigation Market Forecast, Autonomous Navigation Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Autonomous Navigation Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Autonomous Navigation Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Autonomous Navigation Market by Solution
3.3.1: Hardware
3.3.2: Software
3.4: Global Autonomous Navigation Market by Platform
3.4.1: Airborne
3.4.2: Land
3.4.3: Marine
3.4.4: Space
3.4.5: Weapon
3.5: Global Autonomous Navigation Market by Application
3.5.1: Commercial
3.5.2: Military & Government
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Autonomous Navigation Market by Region
4.2: North American Autonomous Navigation Market
4.2.2: North American Autonomous Navigation Market by Platform: Airborne, Land, Marine, Space, and Weapon
4.3: European Autonomous Navigation Market
4.3.1: European Autonomous Navigation Market by Solution: Hardware and Software
4.3.2: European Autonomous Navigation Market by Platform: Airborne, Land, Marine, Space, and Weapon
4.4: APAC Autonomous Navigation Market
4.4.1: APAC Autonomous Navigation Market by Solution: Hardware and Software
4.4.2: APAC Autonomous Navigation Market by Platform: Airborne, Land, Marine, Space, and Weapon
4.5: ROW Autonomous Navigation Market
4.5.1: ROW Autonomous Navigation Market by Solution: Hardware and Software
4.5.2: ROW Autonomous Navigation Market by Platform: Airborne, Land, Marine, Space, and Weapon
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Autonomous Navigation Market by Solution
6.1.2: Growth Opportunities for the Global Autonomous Navigation Market by Platform
6.1.3: Growth Opportunities for the Global Autonomous Navigation Market by Application
6.1.4: Growth Opportunities for the Global Autonomous Navigation Market by Region
6.2: Emerging Trends in the Global Autonomous Navigation Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Autonomous Navigation Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Autonomous Navigation Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Honeywell
7.2: Thales
7.3: Northrop Grumman
7.4: General Dynamics
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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