AMA Research, a global market research and consulting organization, have released a new study titled "Autonomous Navigation System market - Global outlook to 2028". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Autonomous Navigation System market to grow at a CAGR of %.
The Platform Type, such as Airborne, is boosting the Autonomous Navigation System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Solution Type, such as Sensing System, is boosting the Autonomous Navigation System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Autonomous Navigation System market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Development of Sense and Avoid Systems in Autonomous Systems, High Adoption of Autonomous Robots for Commercial and Military Purposes and Demand for Autonomous Robots in Logistics. ??
An autonomous navigation system is a system which checks if a vehicle is able to plan its path and execute its plan without human intervention. In these systems, the information which is used to avail whether the vehicle is computing a right path is based on the input from sensors aboard the vehicle itself. Autonomous navigation system consists of an autonomous robot which not only can maintain its stability but also can plan its own movements. Autonomous robots use navigation aids when possible but can also rely on visual, auditory, and olfactory cues to give an accurate path. These system helps to prevent any fatal accidents as well as from the traffic. High adoption of autonomous robots for commercial and military purposes is increasing the growth of Autonomous Navigation systems market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Autonomous Navigation System market by Type (SATCOM, VHF/UHF/L-Band, HF Communication and Data Link), by Application (Commercial Aircraft, Military Aircraft, Helicopters and Spacecraft) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market