Press release
Autonomous Navigation System Market 2021 Industry Share, Trends, Growth and Forecast to 2027 | ABB, Honeywell International, Rolls-Royce, Kongsberg Gruppen
The “Global Autonomous Navigation System Market ″ analysis to 2027 is a specialized and in-depth study of the industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Autonomous Navigation System market with detailed market segmentation by type, application, and geography. The global Autonomous Navigation System market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.The analysts forecast the global Autonomous Navigation System market to grow at a CAGR of 17.34 % during the period 2021- 2027.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG (Boston Consulting Group) matrix, SCOT analysis (Strengths, Challenges, Opportunities, and Threats.), PESTLE analysis, and so on. The statistics are represented in graphical format for a clear understanding of facts and figures
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By Company:
ABB, Honeywell International, Rolls-Royce, Kongsberg Gruppen, Rh Marine, Trimble, Furuno, Safran, Thales, General Dynamics, L3 Technologies, Northrop Grumman, Raytheon, Rockwell Collins, Moog
INDUSTRY NEWS
ABB has acquired 39 companies, including 8 in the last 5 years. A total of 11 acquisitions came from private equity firms. It has also divested 6 assets.
ABB’s largest acquisition to date was in 2010, when it acquired Baldor Electric for $4.2B. It’s largest disclosed sale occurred in 2021, when it sold ABB - DODGE Mechanical Power Transmission Business to RBC Bearings for $2.9B. ABB has acquired in 8 different US states, and 15 countries. The Company’s most targeted sectors include electrical equipment (38%) and technology hardware (18%).
MARKET OVERVIEW
The global autonomous navigation market is fueled by elements, for example, defense sectors all over the world using modern warfare technologies such as information warfare, electronic warfare, and network-driven warfare. These procedures require generous information related to war-field to control and screen military activities on war zones. This prerequisite has prompted the surged utilization of autonomous frameworks on war grounds to collect information through activities related to Intelligence, Surveillance and Reconnaissance (ISR) at real-time, which, requires propelled navigation frameworks.
Segment by Type:
Airborne Platform
Land Platform
Space Platform
Marine Platform
Weapon Platform
Segment by Application:
Autonomous Navigation System
Regional Analysis of Global Autonomous Navigation System Market
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Autonomous Navigation System market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and the Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
REGIONAL OUTLOOK
The Asia Pacific autonomous navigation market is anticipated to develop at the most elevated CAGR amid the estimate time frame. The autonomous navigation market in China is the biggest in the Asia Pacific region and is seeing critical development in deals and the interest for high innovation vehicles. China is one of the key markets for high innovation vehicles, given the surge in disposable income in the nation.
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Below are some of the silent features of the report:
- In-depth analysis of global market potential and risk.
- Ongoing research and big events on the Autonomous Navigation System market.
- In-depth scrutiny of plans to expand the market for industry-leading players.
- Crucial research on the development path of the Autonomous Navigation System market in the coming years.
- In-depth knowledge of the industry with specific drivers, limitations, and global micro markets.
- The positive sentiment of the current dynamics in technology and industry is influencing the Autonomous Navigation System market.
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Some Points from Table of Content
1 Report Overview
2 Global Autonomous Navigation System Growth Trends
2.1 Global Autonomous Navigation System Market Perspective (2016-2027)
2.2 Autonomous Navigation System Growth Trends by Regions
2.2.1 Market Size by Regions: 2016 VS 2021 VS 2027
2.2.2 Autonomous Navigation System Historic Market Share by Regions (2016-2021)
2.2.3 Autonomous Navigation System Forecasted Market Size by Regions (2022-2027)
2.3 Autonomous Navigation System Industry Dynamic
2.3.1 Market Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Market Restraints
3 Competition Landscape by Autonomous Navigation System Market Key Players
3.1 Global Top Autonomous Navigation System Players by Revenue
3.1.1 Global Top Players by Revenue (2015-2021)
3.1.2 Global Revenue Market Share by Players (2015-2021)
3.2 Global Market Share by Company Type
3.3 Players Covered: Ranking by Revenue
3.4 Global Autonomous Navigation System Market Concentration Ratio
3.5 Key Players Head office and Area Served
3.6 Key Players Product Solution and Service
3.7 Date of entering into Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Autonomous Navigation System Breakdown Data by Type
4.1 Historic Market Size by Type (2016-2021)
4.2 Forecasted Market Size by Type (2022-2027)
5 Autonomous Navigation System Breakdown Data by Application
5.1 Historic Market Size by Application (2016-2021)
5.2 Forecasted Market Size by Application (2021-2027)
6 Key Players Profiles
7 Analyst's Viewpoints/Conclusions
8 Appendix
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