What is Autonomous Navigation System Market Scope?
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.
Influencing Trend:
Adoption of Artificial Intelligence (AI) And Big Data Analysis in Autonomous Navigation Systems and High-End Inertial in Autonomous Navigation System
Market Growth Drivers:
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
Challenges:
The vulnerability of Autonomous Systems to Cyber Threats Due to Automation and Unclear Regulatory Framework for Autonomous Systems Use
Restraints:
Performance in Untested Environments and Lack of High-Level Interfacing and Lack of Required Infrastructure for Autonomous Systems in Developing Countries
Opportunities:
Initiatives for the Development of Autonomous Systems and Support Services Provided By Autonomous Robots
The Autonomous Navigation System market study is being classified by Type (SATCOM, VHF/UHF/L-Band, HF Communication and Data Link), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Players from Global will contribute to the maximum growth of Global Autonomous Navigation System market throughout the predicted period.
Raytheon (US), Thales (France), Northrop Grumman (US), Safran (France), Honeywell International (US), Wartsila (Finland), Kongsberg Gruppen (Norway), Rolls-Royce (UK),, General Electric (US), Robert Bosch GmbH (Germany), Continental AG (Germany), Delphi Automotive (UK), Infineon Technologies (Germany) and Denso Corporation (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Continental AG (Germany), Delphi Automotive (UK), Infineon Technologies (Germany) and Denso Corporation (Japan).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Autonomous Navigation System market by Type, Application and Region.
On the basis of geography, the market of Autonomous Navigation System has been segmented into 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).
Market Influencers and their Development Strategies
In February 2017, Honeywell received a contract worth USD 8.0 million from Daewoo Shipbuilding & Marine Engineering (DSME) and STX Offshore & Shipbuilding (STX) for the supply of marine automation systems for five vessels commissioned by ship owners in Norway, Russia, and the US.
In July 2018, Northrop Grumman received a contract from the US Air Force to deliver Global Hawk, an autonomous aircraft equipped with Battlefield Airborne Communications Node (BACN). The BACN acts as a gateway that translates and distributes battlefield information acquired from numerous sources
Key Target Audience
Autonomous Navigation system manufactures, Autonomous Navigation system distributors, Automotive industries, End- Users and Others
Autonomous Navigation System Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Autonomous Navigation System Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Autonomous Navigation System industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.