Market Insights
“The autonomous navigation market size was US$ 6 billion in 2023 and is likely to grow at a robust CAGR of 16.4 % in the long run to reach US$ 23.54 billion in 2032”.
Market Dynamics
Introduction
The autonomous navigation industry involves the development and implementation of technology that allows vehicles, machines, and systems to navigate and operate autonomously, with little to no human intervention. Autonomous navigation technology exists across many industries and applications and is rapidly growing, fuelled by advancements in artificial intelligence, sensor technology, and robotics.
Recent Market JVs and Acquisitions:
A considerable number of strategic alliances, including M&As, JVs, etc., have been performed over the past few years:
- In January 2025, Redwire announces acquisition of Edge Autonomy transforming transaction into a multi-domain, scaled, and profitable space and defense technology company.
- In February 2023, Telespazio UK disclosed that they successfully concluded a contract for 0.6 million USD with the European Space Agency (ESA) under the Navigation Innovation and Support Programme (NavISP), which will enable Telespazio UK to develop GNSS Receiver Vector Tracking Loops for Autonomous Vehicles.
Recent Product Development:
- In June 2023, Northrop Grumman Corporation landed a production contract from the US Navy for the development of a new mode of AN/WSN-12 Inertial Sensor Module (ISM). This next-generation sensor significantly enhances maritime navigation for a surface ship and submarines like the United States Navy in areas where GPS is denied.
- In March 2023, Raytheon Technologies Corporation won a contract from the US Army to develop an autonomous navigation system for the Optionally Manned Fighting Vehicle (OMFV). This system will leverage artificial intelligence and machine learning to allow the OMFV to autonomously navigate through complex terrain.
- In March 2023, Safran SA developed a dynamic ecosystem of dependability navigation & timing solutions through its global know-how in the field. The company has focused more on innovation as this technology has demonstrated the need for producing accurate and repeatable signals from Global Navigation Satellite Systems (GNSS) has a greater importance to aerospace technology developments, defense, autonomous vehicles, critical infrastructure, and even commercial products.
Segment Analysis
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Segmentations
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List of Sub-Segments
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Segments with High-Growth Opportunity
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Solution-Type Analysis
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Hardware (Sensing Systems, Processing Units) and Software (AI)
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Hardware is expected to be the fastest-growing segment among solution types in the coming years.
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Platform-Type Analysis
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Airborne (Autonomous Aircraft, Autonomous Drones), Land, Marine, Space, Weapons
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Airborne is expected to attain the fastest-growing segment among platform types in the forecasted year.
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Application-Type Analysis
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Commercial, Military & Government
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Commercial is anticipated to contribute the largest share in the application type analysis.
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Region Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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The Asia-Pacific is expected to maintain its reign over the forecast period.
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By Solution Type
“Hardware is expected to remain the fastest-growing solution type in the market during the forecast period.”
Based on solution type the autonomous navigation market is segmented into the hardware and software. Advancements in hardware related to autonomous navigation have transformed the technology by having sensors, processors and connectivity allow vehicles to perceive its surroundings, make rapid decisions and navigate safely. Technological developments have opened the door to the reality of self-driving cars and other autonomous systems.
By Platform Type
“Airborne is expected to remain the fastest-growing solution type in the market during the forecast period.”
Based on platform type, the autonomous navigation market is segmented into airborne, land, marine, space, and weapons. The airborne segment is anticipated to propel due to the increasing investments in the autonomous aircraft and UAVs development. The autonomous aircraft market is anticipated to commercialize by 2024 in some countries, and this commercialization is expected to grow massively in other countries after 2026. The heightened demand for autonomous aircraft for passenger travel and freight transport is anticipated to lead to the autonomous aircraft navigation market's growth.
By Application Type
“Commercial is expected to remain the fastest-growing application type in the market during the forecast period.”
Based on application type, the autonomous navigation market is segmented into commercial, military & government. The commercial segment of the autonomous market is rapidly evolving, driven by fast-moving self-driving technologies. The advent of autonomous cars, trucks, and delivery drones is having a major impact across industries. For instance, e-commerce companies are heavily investing in autonomous delivery systems to improve efficiencies and reduce costs, logistics companies are assessing self-driving trucks for long-haul routes for efficiencies and to ensure a supply of drivers, and ride-hailing companies are integrating autonomous vehicles into their fleet for relatively more affordable and convenient transportation. The convergence of advancements in technology across e-commerce, logistics, and transportation, and evolving business models in the space are enriching the commercial segment of the autonomous market.
Regional Analysis
“The Asia-Pacific is expected to remain the highest market growth for autonomous navigation during the forecast period.”
Based on region type, the autonomous navigation market is segmented into North America, Europe, Asia-Pacific, the Middle East, and Latin America. The Asia Pacific region, which includes developing countries like China and India, as well as developed nations like Japan, is the largest market for automobiles. The region has also established itself in recent years as a manufacturing hub for automobiles. Infrastructure developed in the developing economies, as well as industrialization, has also created new channels and numerous opportunities for automotive OEMs. The enhanced purchasing capability of the population has also been associated with driving the demand for automobiles, which has increased demand for the autonomous navigation market.
Key Players
The market is highly fragmented, with over 500 players. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. The following are the key players in the autonomous navigation market. Some of the major players provide a complete range of services.
Here is the list of the Top Players (Based on Dominance)
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- Thales Group
- Safran SA
- Honeywell International Inc.
- General Dynamics
- RH Marine
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Please write to us at [email protected]
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The global autonomous navigation market is segmented into the following categories.
Autonomous Navigation Market, by Solution Type
- Hardware (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Software (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Autonomous Navigation Market, by Platform Type
- Airborne (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Land (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Marine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Space (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Weapons (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Autonomous Navigation Market, by Application Type
- Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Military & Government (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Autonomous Navigation Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and the Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
Research Methodology
- This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s autonomous navigation market realities and future market possibilities for the forecast period.
- The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
- The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruit available in the market and formulating growth strategies to expedite their growth process.
- This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
- More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
- We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
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