Dublin, March 28, 2019 (GLOBE NEWSWIRE) -- The "Autonomous Navigation Market by Solution (Sensing System, Software, Processing Unit), Platform (Airborne, Land, Space, Marine, Weapon), Application (Commercial, Military & Government), and Region - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The autonomous navigation market size is expected to grow from USD 2.2 billion in 2018 to USD 13.5 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 16.19% during the forecast period.
The market for autonomous navigation is driven by factors such as defense forces across the globe resorting to modern warfare techniques like electronic warfare, information warfare, and network-centric warfare. These techniques require substantial battlefield-related data to control and monitor military operations on battlefields. This requirement has led to the increasing use of autonomous systems on battlefields to gather data through Intelligence, Surveillance & Reconnaissance (ISR) activities on a real-time basis, which, in turn, requires advanced navigation systems.
Lack of required infrastructure for autonomous systems in developing countries is limiting the overall growth of the market.
Key players in the autonomous navigation market are Raytheon (US), Thales (France), Northrop Grumman (US), Safran (France), and Honeywell International (US), among others. These companies provide autonomous navigation in various countries across North America, Europe, Middle East, and Asia Pacific.
Sensing systems segment is estimated to account for the largest share of the autonomous navigation market in 2018.
Based on solution, the sensing systems segment is estimated to account for the largest share of the autonomous navigation market in 2018.
There is increasing demand for autonomous robots which, in turn, has led to a rise in the demand for sensors for navigation. This is due to the fusion of the sensor data on which machine intelligence can be applied for decision making. These sensing systems include LiDAR, GNSS, Inertial Navigation System (INS), radar, cameras, ultrasonic systems, and acoustic navigation.
Increasing investment in the development of marine autonomous systems is expected to drive the market for marine segment
Based on platform, the marine segment is estimated to account for the largest share of the autonomous navigation market in 2018.
Increasing investments in the development of autonomous vessels and autonomous surface vehicles, autonomous underwater vessels has driven its market.
Increasing investment in autonomous robots in the military and commercial sectors is expected to drive the autonomous navigation market in 2018
North America is estimated to account for the largest share of the autonomous navigation market in 2018.
The growing technological advancements in the market presents several opportunities for manufacturers of autonomous vehicles. Proximity to the US, one of the largest automotive markets, and the North American Free Trade Agreement (NAFTA) are driving the growth of the Canadian and Mexican automotive sectors. These factors contribute to the growth of the autonomous vehicles market in the region.
In the military sector, increasing usage of military robots such as UAVs for Intelligence, Surveillance, and Reconnaissance is expected to drive the demand for autonomous navigation.
Key Topics Covered
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Currency
1.5 Limitations
1.6 Market Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Research Approach & Methodology
2.4 Data Triangulation
2.5 Assumptions for the Research Study
3 Executive Summary
4 Premium Insights
4.1 Attractive Growth Opportunities in the Autonomous Navigation Market
4.2 Asia Pacific Autonomous Navigation Market, By Solution
4.3 Europe Autonomous Navigation Market, By Application & Country
4.4 North America Autonomous Navigation Market, By Platform
4.5 Europe Autonomous Navigation Market, By Application
4.6 Europe Autonomous Navigation Market, By Platform
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Development of Sense & Avoid Systems in Autonomous Systems
5.2.1.2 High Adoption of Autonomous Robots for Commercial and Military Purposes
5.2.1.3 Demand for Autonomous Robots in Logistics
5.2.2 Restraints
5.2.2.1 Performance in Untested Environments and Lack of High-Level Interfacing
5.2.2.2 Lack of Required Infrastructure for Autonomous Systems in Developing Countries
5.2.3 Opportunities
5.2.3.1 Initiatives for the Development of Autonomous Systems
5.2.3.2 Support Services Provided By Autonomous Robots
5.2.4 Challenges
5.2.4.1 Vulnerability of Autonomous Systems to Cyber Threats Due to Automation
5.2.4.2 Unclear Regulatory Framework for Autonomous Systems Use
6 Industry Trends
6.1 Introduction
6.2 Megatrends That Drive Autonomous Navigation Market
6.2.1 Artificial Intelligence
6.2.2 Big Data Analytics
6.2.3 Satellite Communication Enabling Connectivity With Multiple Sites & Navigation for Autonomous Robots
6.3 Technology Trends
6.3.1 Navigation Technology for Autonomous Systems
6.3.1.1 Sensor Fusion Solutions
6.3.1.2 Control Algorithms
6.3.1.3 Research on a Standard Operating System (Os) for Robots
6.3.1.4 Micro-Electro-Mechanical Systems Inertial Navigation System
6.3.1.5 High-End Inertial Navigation System
6.4 Innovations and Patent Registrations, 2012-2018
7 Autonomous Navigation Market, By Platform
7.1 Introduction
7.2 Airborne
7.2.1 Autonomous Aircraft
7.2.1.1 Increasing Demand for Autonomous Aircraft is Expected to Drive the Airborne Autonomous Navigation Market
7.2.2 Autonomous Drones
7.2.2.1 Increasing Demand for Air Medical Services and Cargo Delivery in Commercial and Military Sectors is Expected to Drive the Market for Navigation Systems in Autonomous Drones
7.3 Land
7.3.1 Autonomous Cars
7.3.1.1 High Demand in the Military and Commercial Sectors is Expected to Drive the Market for Autonomous Self-Driving Cars
7.3.2 Autonomous Trains
7.3.2.1 The Autonomous Train Market Will Witness a High Growth Due to the Requirement for Efficient Transportation, Low Electricity Consumption, and More Passenger Room
7.3.3 Autonomous Industrial Robots
7.3.3.1 Increasing Demand for Autonomous Industrial Robots in Logistics is Expected to Drive the Market for Autonomous Navigation
7.4 Marine
7.4.1 Autonomous Ships
7.4.1.1 Increasing Investments on the Development of Autonomous Ships are Expected to Drive the Market for Autonomous Navigation
7.4.2 Autonomous Surface Vehicles
7.4.2.1 Increasing Demand from Commercial and Defense Sectors is Expected to Drive the Market for Autonomous Surface Vehicles
7.4.3 Autonomous Underwater Vehicles
7.4.3.1 Growing Military and Commercial Operations are Expected to Drive the Demand for Autonomous Underwater Vehicles
7.5 Space
7.5.1 Increase in Demand for Space Exploration Activities is Expected to Drive the Market for this Segment
7.6 Weapons
7.6.1 Autonomous Weapons
7.6.1.1 Increasing Investment in Military Artificial Intelligence from Major Countries is Expected to Drive the Market for Autonomous Weapons
8 Autonomous Navigation Market, By Application
8.1 Introduction
8.2 Commercial
8.2.1 Increasing Demand for Autonomous Robots in Logistics, Automotive, and Marine Sectors is Expected to Drive Commercial Segment
8.3 Military & Government
8.3.1 Application of Robots in Surveillance Operations Along With Decline in Casualties Due to Replacement of Humans With Offensive Robots Has Resulted in Military & Government Segment'S Growth
9 Autonomous Navigation Market, By Solution
9.1 Introduction
9.2 Sensing System
9.2.1 INS
9.2.1.1 Increasing Demand for INS in Autonomous Robots is Expected to Drive this Segment
9.2.2 GNSS
9.2.2.1 Increasing Demand for GNSS Owing to Its High Accuracy is Expected to Drive this Segment
9.2.3 Radar
9.2.3.1 Increasing Demand for Commercial and Military Applications is Expected to Drive the Market for Radar-Based Autonomous Navigation Systems
9.2.4 Lidar
9.2.4.1 High Navigational Accuracy Has Led the Growing Demand for Lidar Systems in Autonomous Robots
9.2.5 Ultrasonic System
9.2.5.1 the Growing Use of Asvs, Auvs, and Autonomous Cars Has Increased the Demand for Ultrasonic Systems
9.2.6 Camera
9.2.6.1 Increasing Use of Electro-Optical and Visual Cameras is Expected to Drive this Segment
9.2.7 Automatic Identification System (AIS)
9.2.7.1 Increasing Demand for Autonomous Ships is Expected to Drive the Market for AIS
9.2.8 Others
9.3 Processing Unit
9.3.1 Growing Requirement for Sensors in Autonomous Platforms Has Increased the Demand for Processing Units
9.4 Software
9.4.1 Artificial Intelligence
9.4.1.1 Machine Learning
9.4.1.1.1 Increasing Demand for Autonomous Vehicles is Driving the Machine Learning Segment
9.4.1.2 Computer Vision
9.4.1.2.1 Increasing Usage of Digital Cameras for a 3D View of the Surroundings is Driving the Computer Vision Market
10 Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Increasing Investment for the Development of Mobile Robots for Military Application is Expected to Drive the Autonomous Navigation Market in the US
10.2.2 Canada
10.2.2.1 Growing Demand for Industrial Robots, Increasing Government Grants & Funds, Growing Venture Capital Investments is Expected to Drive the Autonomous Navigation Market in Canada
10.3 Europe
10.3.1 UK
10.3.1.1 Government Investment in Research Activities in the Field of Robotics is Expected to Drive the UK Autonomous Navigation Market
10.3.2 Germany
10.3.2.1 Increasing Investment in Autonomous Cars and Ships is Expected to Drive the Market for Autonomous Navigation in Germany
10.3.3 France
10.3.3.1 Increasing Demand for Autonomous Robots in the Military is Expected to Drive the Autonomous Navigation Market in France
10.3.4 Italy
10.3.4.1 Increasing Investment for the Development of Autonomous UAVs is Expected to Drive the Autonomous Navigation Market in Italy
10.3.5 Russia
10.3.5.1 Increasing Investment in the Development of Military Robots is Expected to Drive the Autonomous Navigation Market in Russia
10.4 Asia Pacific
10.4.1 China
10.4.1.1 Increasing Investment in Automotive and Military Robots is Expected to Drive the Market for Autonomous Navigation in China
10.4.2 Japan
10.4.2.1 Increasing Investment in Robotics is Expected to Drive the Market for Autonomous Navigation in Japan
10.4.3 India
10.4.3.1 Increasing Investment in AI and Robotics Under Digital India Program is Expected to Drive the Market for Autonomous Navigation in India
10.4.4 South Korea
10.4.4.1 Increasing Investment for the Development of Autonomous Cars is Expected to Drive the Market for Autonomous Navigation in South Korea
10.4.5 Australia
10.4.5.1 Investments for Introducing Autonomous Cars & UAVs are Expected to Drive the Market for Autonomous Navigation in Australia
10.5 Middle East
10.5.1 Israel
10.5.1.1 Increasing Investment in Autonomous Robots is Expected to Drive the Market for Autonomous Navigation in Israel
10.5.2 Saudi Arabia
10.5.2.1 High Investment to Transform the Mass Transit System is Expected to Drive the Market for Autonomous Navigation in Saudi Arabia
10.6 Rest of the World
10.6.1 Latin America
10.6.1.1 Increasing Investment for the Development of Autonomous Vehicles is Expected to Drive the Market for Autonomous Navigation in Latin America
10.6.2 Africa
10.6.2.1 Investment to Develop Autonomous Cars is Expected to Drive the Market for Autonomous Navigation in Africa
11 Competitive Landscape
11.1 Introduction
11.2 Competitive Leadership Mapping
11.2.1 Visionary Leaders
11.2.2 Innovators
11.2.3 Dynamic Differentiators
11.2.4 Emerging Companies
11.3 Market Ranking Analysis of Key Players, 2018
11.4 Competitive Scenario
11.4.1 New Product Launches
11.4.2 Agreements, Partnerships, and Collaborations
11.4.3 Acquisitions
11.4.4 Contracts
12 Company Profiles
12.1 ABB
12.2 Honeywell International
12.3 Rolls-Royce
12.4 Kongsberg Gruppen
12.5 RH Marine
12.6 Trimble
12.7 Furuno
12.8 Safran
12.9 Thales
12.10 General Dynamics
12.11 L3 Technologies
12.12 Northrop Grumman
12.13 Raytheon
12.14 Rockwell Collins
12.15 Moog
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