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 Industry was valued at USD $2.52 Billion in the year 2019. Global Autonomous Navigation Industry Industry 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 Industry is excepted to develop at the most elevated CAGR during forecasted period 2019-2025. The Chinese Autonomous Navigation Industry 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.
Major market players in Autonomous Navigation Industry 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 Industry Overview, By Platform
Autonomous Navigation Industry, By Solution
Autonomous Navigation Industry, By Application
Autonomous Navigation Industry Overview, By Region
• Rest of Europe
• Rest of Asia-Pacific
• Latin America
• Middle East & Africa