Autonomous Navigation Market Size, Growth Analysis by Top Players 2021: Dynamics and Latest Trends with Global Industry Share, Business Development Plans and Strategies, CAGR and Revenue Forecast to 2030

In a recent published report, Kenneth Research has updated the market report for Autonomous Navigation Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Autonomous Navigation Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.

The Autonomous Navigation Market is expected to grow with a significant CAGR during the forecast period, i.e. 2021-2025, on the back of growing internet penetration around the world along with the rising adoption of smartphone. The statistics by the GSMA Intelligence stated that the total unique mobile subscribers as on May 2020 around the world was 5.24 billion.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Autonomous navigation means that a vehicle is able to plan its path and execute its plan without human intervention. In some cases remote navigation aids are used in the planning process, while at other times the only information available to compute a path is based on input from sensors aboard the vehicle itself. An autonomous robot is one which not only can maintain its own stability as it moves but also can plan its movements. Autonomous robots use navigation aids when possible but can also rely on visual, auditory, and olfactory cues. Once basic position information is gathered in the form of triangulated signals or environmental perception, machine intelligence must be applied to translate some basic motivation (reason for leaving the present position) into a route and motion plan. This plan may have to accommodate the estimated or communicated intentions of other autonomous robots in order to prevent collisions, while considering the dynamics of the robot’s own movement envelope.

Global Autonomous Navigation Market was valued at USD $2.52 Billion in the year 2019. Global Autonomous Navigation Market is further estimated to grow at a CAGR of 16.2% from 2019 to reach USD $6.15 Billion by the year 2025. The Asia Pacific Autonomous Navigation Market is excepted to develop at the most elevated CAGR during forecasted period 2019-2025. The Chinese Autonomous Navigation Market is the biggest in the Asia Pacific area 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 rising discretionary cashflow in the nation. About all major car OEMs have put resources into the Chinese market, which is slanted toward little and reasonable traveler vehicles. A flood sought after is normal as the present vehicle infiltration is low when contrasted with that of created nations. The developing car generation levels in China have expanded the interest for vehicles. In November 2018, Chinese worldwide innovation organization, Baidu, and Swedish vehicle maker, Volvo Cars, consented to mutually create electric and completely autonomous navigation, which will be mass delivered in China. With developing interests in autonomous navigation, the market for Autonomous Navigation is relied upon to develop in the China.

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Major market players in Autonomous Navigation Market are ABB, Honeywell International, Rolls-Royce, Kongsberg Gruppen, Rh Marine, Trimble, Furuno, Safran, Thales, General Dynamics, L3 Technologies, Northrop Grumman, Raytheon, Rockwell Collins, Moog, and brief information of 5 more companies provided in the report.

Autonomous Navigation Market Overview, By Platform
*Airborne
*Land
*Space
*Marine
*Weapon

Autonomous Navigation Market, By Solution
*Sensing System
*Software
*Processing Unit

Autonomous Navigation Market, By Application
*Commercial
*Military & Government

Autonomous Navigation Market Overview, By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa

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Table of Contents
1. Introduction
1.1 Industry Vision
1.2 Limitations
1.3 Stakeholders

2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.2. Industry Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Turnover Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary

4. Industry Overview
4.1. Introduction
4.2. Strength
4.3. Weakness
4.4. Opportunities
4.5. Threats

5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry

6.Autonomous Navigation Industry, By Platform
6.1. Airborne
6.2. Land
6.3. Space
6.4. Marine
6.5. Weapon

7. Autonomous Navigation Industry, By Solution
7.1. Sensing System
7.2. Software
7.3. Processing Unit

8. Autonomous Navigation Industry, By Application
8.1. Commercial
8.2. Military & Government

9. Geographical Analysis
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. RoE
9.4. Asia Pacific
9.4.1. China
9.4.2. Japan
9.4.3. India
9.4.4. RoAPAC
9.5. RoW
9.5.1. Latin America
9.5.1.1. Brazil
9.5.1.2. Argentina
9.5.1.3. Rest of Latin America
9.5.2. Middle East and Africa

About Kenneth Research

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