Title: Autonomous Navigation Market Size, Share, Trends, Key Segments, SWOT Analysis & Forecast
1- Autonomous Navigation Market Size, Share, Trends,
Key Segments, SWOT Analysis Forecast
2 3Key Segments
The global autonomous navigation market is
estimated at USD 2.2 billion in 2018 and is
projected to reach USD 13.5 billion by 2030, at a
CAGR of 16.19 from 2018 to 2030.
1
Factors that are expected to fuel the growth of
the autonomous navigation market are the
development of sense avoid systems in
autonomous robots.
2
Browse 94 market data Tables and 53 Figures
spread through 158 Pages and in-depth TOC on
"Autonomous Navigation Market - Global Forecast
to 2030"
3
Increasing investment in autonomous aircraft is
expected to drive the market for airborne
autonomous navigation market during the forecast
period
4
5
The autonomous navigation market in the Asia
Pacific region is expected to witness high growth
during the forecast period. Increasing awareness
about robotics is expected to drive the demand
for autonomous systems in the Asia Pacific region.
4- Autonomous Navigation Market Growth Rate
2030
2018
CAGR of 16.19
Market Size of 2.2 Billion
Market Size of 13.5 Billion
- Recent Development
- In May 2017, Raytheon received a contract worth
USD 28.0 million from the US Navy to supply
variable depth sonars for its littoral combat
ship class. - 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. - 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.
5Vendors
- Raytheon (US)
- Thales (France)
- Northrop Grumman (US)
- Safran (France)
- Honeywell International (US)
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6Asia Pacific region is expected to lead the
autonomous navigation market from 2018 to
2030 The Asia Pacific autonomous navigation
market is projected to grow at the highest CAGR
during the forecast period. The Chinese
autonomous navigation market is the largest in
the Asia Pacific region and is witnessing
significant growth in sales and the demand for
high technology vehicles. China is one of the key
markets for high technology vehicles, given the
rising disposable income in the country.
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7- North America
- Europe
- Asia Pacific
- Middle East
- ROW
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8- Key Questions Answered in Our Report
- 1. How has the market shaped up? Historic trends,
early adopters, regulation, tipping point etc.
2. What are the burning issues? How can they be
addressed?
3. What will your New Revenue Sources be?
4. Which regions will offer the most promising
opportunities?
5. Who are the leading players in this market?
What strategies are they adopting to stay ahead
of competition?
6. How will the market shape up in next five
years? competition?
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