According to Fortune Business Insights™, the global autonomous navigation market was valued at USD 3,530.8 million in 2024 and is projected to grow from USD 3,958.4 million in 2025 to USD 9,398.7 million by 2032, exhibiting a compound annual growth rate (CAGR) of 13.1% during the forecast period.

This information is provided by Fortune Business Insights™ in its research report, titled “Autonomous Vehicle Market, 2025-2032”.

List of Key Players Mentioned 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.)

Information Source:

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

Segmentation:

Airborne Segment to Register Appreciable Growth Impelled by Rising Applications in UAVs

By platform, the market is fragmented into space, marine, land, airborne, and weapons. The airborne segment is anticipated to be the fastest growing part of the segment during the forecast period. The expansion is driven by the advantages of reduced fuel consumption and the optimization of flight paths.

Navigation Segment to Record Substantial Expansion Driven by Escalated Demand for Enhanced Accuracy

On the basis of system, the market for autonomous navigation systems is categorized into processing system, sensing system, software system, and navigation system. The navigation system segment is set to dominate the market over the estimated period. The rise can be credited to the growing demand for enhanced positioning and navigation used in autonomous robots and vehicles.