Autonomous Navigation Market to Record CAGR of 13.1% Over 2025-2032; Increasing Focus of Governments on Use of Autonomous Systems to Drive Market Growth

The global autonomous navigation market size was valued at USD 3530.8 million in 2024 and is predicted to reach USD 3958.4 million in 2025. The market is anticipated to touch USD 9398.7 million by 2032, recording a CAGR of 13.1% over 2025-2032.

Fortune Business Insights™ presents this information in its latest report titled “Autonomous Navigation Market Size, Share & Industry Analysis, By Platform (Airborne, Land, Marine, Space, and Weapons), By System (Sensing System, Navigation System, Processing System, and Software System), By Application (Commercial, Military, and Government), and Regional Forecast, 2025-2032”.

Autonomous navigation is the ability of the system to move or work on its own without people controlling it. This system involves the use of various sensors, algorithms, and computer vision to develop a map of its environment and determine its location without using GPS. Several advantages associated with autonomous navigation, such as improved performance, greater accuracy, enhanced adaptability, and increased safety, are driving its market growth.

The COVID-19 pandemic positively influenced the global market. Owing to limited human interaction, the demand for autonomous delivery systems, such as drones and self-driving vehicles, experienced a surge.

UAVOS Partnered with its Client to Test UAVOS' Autopilot System using Computer Vision

In August 2024, UAVOS teamed up with its client to test UAVOS' autopilot system using computer vision. UAVOS' Engineering Service supported this testing with its advanced avionics system integrated into its unmanned helicopter. The use of computer vision offers an innovative approach to establishing new standards for autonomous drone navigation and safety.

Increasing Focus of Governments on Use of Autonomous Systems to Drive Market Growth

Governments and regulatory bodies are prioritizing the utilization of autonomous systems for several industries, including robotics, automobile, military, and others. The governments are also encouraging the creation and testing of autonomous systems by making significant expenditures and opening up new facilities. For instance, in July 2022, India opened its inaugural unmanned navigation plant, called “TIHAN” by the Union Minister of State for Science & Technology at the campus of IIT Hyderabad. This plant was developed with an investment of USD 15.8 million by the Union Ministry of Science & Technology. Germany and the U.K. are at the forefront of the testing and deployment of autonomous vehicles by establishing progressive regulatory frameworks and leveraging public-private partnerships. Additionally, in 2024, the EU invested USD 188.65 million in innovative digital technologies, following a series of calls of the Horizon Europe Programme that boosted collaborative research and development across the Union.

However, cybersecurity and privacy issues represent major restraints hindering the autonomous navigation market growth.

Leading Companies to Launch Innovative Products to Strengthen Their Market Position

The global autonomous navigation market is competitive and comprised of several leading companies such as ABB, Safran, L3Harris Technologies Inc., Northrop Grumman Corporation, Mopg Inc., and others. These firms are prioritizing technological enhancements, launching innovative products, and mergers & acquisitions to strengthen their market position and remain competitive.

Notable Industry Development

• September 2024 – Hanwha partnered with Advanced Navigation to offer inertial navigation systems for their Redback vehicles as part of the Land 400 program. The USD 5.8 million contract has the capability to boost Advanced Navigation's business.

List of Key Companies Profiled in the Report

• Safran (France)
• ABB (Switzerland)
• L3Harris Technologies Inc. (U.S.)
• Moog Inc. (U.S.)
• Northrop Grumman Corporation (U.S.)
• Elbit Systems Ltd (Israel)
• BAE Systems Plc. (U.S.)
• Lockheed Martin Corporation (U.S.)
• General Dynamics Corporation (U.S.)
• Raytheon Technologies Corporation (U.S.)

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/autonomous-navigation-market-101796

Further Report Findings

• Europe accounted for the largest autonomous navigation market share in 2024. The increasing need for automated transport, robust research and development capabilities, and significant investments influence the region’s growth.
• The North American region secured the second-largest share of the global market in 2024. The region's growth is due to the surge in technological advancements, government initiatives, and consumer preferences.
• In terms of system, the navigation system segment led the global market for autonomous navigation in 2024 and is projected to be the fastest-growing segment in the future. The segment’s growth can be attributed to the rising need for enhanced navigation and positioning in autonomous vehicles and robots.

Table of Segmentation: