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Market Size Of Autonomous Navigation Industry is slated to increase at a CAGR of 17.1% to reach a valuation of $15.91 billion by 2031

03-15-2024 05:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Autonomous Navigation Market

Autonomous Navigation Market

๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐€๐ฎ๐ญ๐จ๐ง๐จ๐ฆ๐จ๐ฎ๐ฌ ๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ ๐š๐ซ๐ง๐ž๐ซ๐ž๐ $๐Ÿ‘.๐Ÿ๐Ÿ• ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ, ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ž๐ง๐ž๐ซ๐š๐ญ๐ž $๐Ÿ๐Ÿ“.๐Ÿ—๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, ๐ฆ๐š๐ง๐ข๐Ÿ๐ž๐ฌ๐ญ๐ข๐ง๐  ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ๐Ÿ•.๐Ÿ% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ.
Increase in demand for sense & avoid systems in autonomous system, rise in adoption of autonomous robot in commercial & military applications, and surge in demand for real-time data in military applications drive the growth of the global autonomous navigation market.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/request-sample/A07098

The autonomous navigation system is an on board, integrated suite of sensors and technology that enabled autonomous navigation, perception, path-planning and vehicle-following capabilities for unmanned group vehicles, allowing them to move on the battlefield with minimal human oversight. It is installed in vehicles, such as drones, robots, cars, boats, and others. The navigation system technology is performed by using advanced technologies such as inertial navigation system, satellite navigation system, radars, cameras, and ultrasonic & acoustics navigation along with autonomous navigation algorithms for accurate & safe navigation of vehicles. At present, development of sense and avoid systems in autonomous robots, the widespread deployment of autonomous robots for commercial and military purposes, and the demand for autonomous robots in logistics are all likely to drive the autonomous navigation industry forward.

๐๐ซ๐จ๐ฆ๐ข๐ง๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

The leading players operating in the autonomous navigation market are ๐€๐๐, ๐„๐๐–๐€๐˜, ๐…๐ข๐ฑ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐€๐†, ๐…๐ฎ๐ซ๐ฎ๐ง๐จ, ๐†๐ž๐ง๐ž๐ซ๐š๐ฅ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ, ๐‡๐จ๐ง๐ž๐ฒ๐ฐ๐ž๐ฅ๐ฅ ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ, ๐Š๐จ๐ง๐ ๐ฌ๐›๐ž๐ซ๐  ๐†๐ซ๐ฎ๐ฉ๐ฉ๐ž๐ง, ๐‹๐Ÿ‘ ๐‡๐š๐ซ๐ซ๐ข๐ฌ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ, ๐Œ๐จ๐จ๐  ๐ˆ๐ง๐œ., ๐๐€๐•๐„๐๐“๐ˆ๐Š ๐†๐ฆ๐›๐‡, ๐๐จ๐ซ๐ญ๐ก๐ซ๐จ๐ฉ ๐†๐ซ๐ฎ๐ฆ๐ฆ๐š๐ง, ๐‘๐š๐ฒ๐ญ๐ก๐ž๐จ๐ง ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ, ๐‘๐ก ๐Œ๐š๐ซ๐ข๐ง๐ž, ๐‘๐จ๐ฅ๐ฅ๐ฒ ๐‘๐จ๐ฒ๐œ๐ž, ๐’๐š๐Ÿ๐ซ๐š๐ง, ๐“๐ก๐š๐ฅ๐ž๐ฌ ๐†๐ซ๐จ๐ฎ๐ฉ, ๐š๐ง๐ ๐“๐ซ๐ข๐ฆ๐›๐ฅ๐ž. ๐Š๐ž๐ฒ ๐ข๐ง๐ง๐จ๐ฏ๐š๐ญ๐จ๐ซ๐ฌ ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐š๐ซ๐ž ๐๐ฅ๐ข๐œ๐ค๐Ÿ๐ž๐ฅ๐, ๐Œ๐จ๐๐š๐ฅ๐€๐ˆ, ๐’๐ญ๐š๐ซ๐Ÿ๐ข๐ฌ๐ก ๐’๐ฉ๐š๐œ๐ž, ๐“๐ซ๐ฎ๐ฌ๐ญ๐ฉ๐จ๐ข๐ง๐ญ, ๐š๐ง๐ ๐—๐จ๐ง๐š ๐’๐ฉ๐š๐œ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ.

The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/autonomous-navigation-market/purchase-options

The factors such as increase in demand for sense & avoid system in autonomous system, rise in adoption of autonomous robot in commercial & military applications, and increase in demand for real-time data in military applications supplement the growth of the autonomous navigation market. However, lack of standard infrastructure for operation of autonomous systems in developing countries and privacy & security concerns related to data are the factors expected to hamper the growth of the market. In addition, increase in demand for improved surveillance and proactive government initiatives & support are expected to create ample opportunities for the key players operating in the autonomous navigation market.

The research provides a detailed segmentation of the global autonomous navigation market based on application, system, platform, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

Based on region, Asia-Pacific held the largest share in 2021, contributing to nearly two-fifths of the total market share. In addition, the North America region is expected to manifest the fastest CAGR of 19.9% during the forecast period.

๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A07098

Based on system, the sensing segment accounted for the highest share in 2021, contributing to nearly half of the global autonomous navigation market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the software segment is expected to manifest the highest CAGR of 18.8% from 2022 to 2031.

๐Š๐„๐˜ ๐…๐ˆ๐๐ƒ๐ˆ๐๐†๐’ ๐Ž๐… ๐“๐‡๐„ ๐’๐“๐”๐ƒ๐˜

On the basis of system, the software system segment dominated the global autonomous navigation market in 2021, in terms of growth.

On the basis of platform, the weapons segment is anticipated to exhibit a remarkable growth during the forecast period.

On the application, the government segment is the highest contributor to the autonomous navigation market in terms of revenue.

On the basis of region, North America would exhibit suitable growth rate during the forecast period.

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ž ๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐›๐ฒ ๐€๐Œ๐‘ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Aviation Analytics Market - https://www.globenewswire.com/en/news-release/2022/05/31/2453540/0/en/Aviation-Analytics-Market-to-Garner-8-21-Billion-by-2030-Allied-Market-Research.html

Aerospace Adhesives Market - https://www.globenewswire.com/en/news-release/2022/11/04/2548765/0/en/Aerospace-Adhesives-Market-to-Garner-1-4-Billion-by-2031-Allied-Market-Research.html

Autonomous Aircraft Market - https://www.globenewswire.com/en/news-release/2022/08/05/2492994/0/en/Autonomous-Aircraft-Market-to-Garner-37-06-Billion-by-2031-Allied-Market-Research.html

Unmanned Surface Vehicle Market - https://www.prnewswire.com/news-releases/unmanned-surface-vehicle-market-to-reach-2-7-billion-globally-by-2032-at-11-5-cagr-allied-market-research-301960184.html

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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