Global Autonomous Navigation Market Size is estimated to expand rapidly in coming years, at a CAGR of 17.1 % from 2018 to 2025. In 2017, the global market valuation was USD 1.8 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Factors anticipated to boost the growth of the independent navigation industry are the development of sense & prevent mechanisms in independent robots, elevated adoption of independent robots for business and military reasons, and demand for independent robots in logistics. Geographically, Asia Pacific region is expected to be the highest growing region in the global market of autonomous navigation market.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global autonomous navigation market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global autonomous navigation market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Solution Type Insights: On the basis of solution, global autonomous navigation market has been segmented into sensing system, software, processing unit. Among which software segment has accounted for the largest share in the global market of autonomous navigation market. In autonomous vehicles, statistical analysis and management software are used to perform multiple tasks such as smooth mobility, health tracking, and adaptive cruise control. System-Integrated software is accountable for performing complicated activities and offering learning capacities.

By Application Insights: On the basis of application, global autonomous navigation market has been segmented into commercial, military & government. Based on application, the commercial segment is expected to grow at a higher rate in the forecast period. The business segment comprises all autonomous vehicles used in the aerospace, manufacturing, distribution, and marine industries. This segment is anticipated to expand enormously throughout the future due to ongoing studies & advancement in robotics, big data, artificial intelligence, and edge computing capacities.

Regional Analysis

The autonomous navigation market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, the Asia Pacific region is expected to witness high growth in the market in the forecast period. The requirement for autonomous systems in the region is anticipated to grow in the future owing to the ability to increase production with decreased expenses. The Chinese independent navigation industry is the biggest in the Asia Pacific area and is experiencing an important development in revenues and due to lack of high-tech cars. China is among the major markets for high-tech cars, given the country's increasing discretionary income.

North America is expected to witness high growth in an upcoming time span. With increasing investments in autonomous systems, America's independent navigation market is anticipated to expand. An increase in demand is anticipated as the present car penetration is small compared to developed countries. Increasing rates of automotive manufacturing in North America have risen the demand for cars. Europe is anticipated to dominate the global autonomous navigation market over the projected period majorly owing to the high demand for autonomous systems, better technological connectivity, and highly cost-effective business strategies. Moreover, the Europe region is occupied with key players which will dominate the global market in terms of revenue.

Global Autonomous Navigation Market Size, Share Analysis by Region 2017

Global Autonomous Navigation Market Study Objective

1. To forecast the market size of autonomous navigation market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of autonomous navigation market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of autonomous navigation market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of autonomous navigation market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the autonomous navigation market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Raytheon, Thales, Northrop Grumman, Safran, and Honeywell International are some of the key players in the market of autonomous navigation. Raytheon is one of the main profit players involved in obtaining agreements to boost the distribution by the accessible personal system of independent transportation.

Global Autonomous Navigation Market Study Report Offer You!

The global autonomous navigation market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.