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Drone Navigation System Market By Product Type, By Application Type, and Geography
Drone Navigation System Market By Product Type, By Application Type, and Geography
Drone Navigation System Market was valued at US$ 8,923.2 million in 2023, and is poised to grow at an 25.3% CAGR from 2024 to 2030. Drone Navigation System can be mentioned as a system or a brain of a drone that is used to control the flight of a drone. The IMU (Inertial Measurement Unit) of drones consists of gyroscopes and accelerometers that provide data on linear acceleration on three axes and the measurements of pitch, roll, and yaw. This data is further used by the flight controller navigational information and smooth flight capabilities. This system works in tandem with an entrenched datalink system & drone flight management system to regulate the attitude and heading of a drone effectively incorporating upgraded sensors into drones.
These features of drone navigation system increase the demand for drones mainly in the defense industry is projected to d market growth. Furthermore, the incorporation of artificial intelligence (AI) into drones is one of the foremost phenomena that has pushes the global drone navigation systems market growth and also future AI-enabled drones will have fully automated navigation systems to enhance these machines' safety features. Such benefits would surely increase the demand for AI-enabled drones, which contributes to significant growth of the global drone navigation system market during the forecast period. During, the outbreak of COVID-19 had a negative impact on the aerospace and defense industry across worldwide. However, With the opening of various sectors, such as transportation, demand, and supply chain, this market would also expect to move on a progressive growth rate.
Study Period
2024-30Base Year
2023CAGR
25.3%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Drone Navigation System Market is growing the adoption of drones majorly by the defense sector. Additionally, the rising application of drones in surveillance for understanding and increasing awareness of the location is another major factor that drives the growth of the drone navigation system, market. Furthermore, ongoing R&D activities for the development of improving the sensors on the drones are likely to create lucrative opportunities among key players in the market which will also undoubtedly expand the market size. The drone navigation system market is hindered owing to the requirement of high investment in the development of a navigation system and problems associated with the bandwidth.
The Drone Navigation System market in North America is expected to hold a significant revenue share in 2021, and, in the following years, it is predicted to increase rapidly due to the high demand for drones by defense forces majorly in the U.S. Furthermore, drone navigation market has wide range applications in various sectors such as border security, aerial photography, weather research, law enforcement, emergency response, forest fire monitoring, scientific data collection, logistics, and last-mile delivery, and traffic monitoring and control. This extensive application of drone navigation systems will surely expand the market size in this region. The Asia Pacific is also anticipated to have a significant share of the global market, owing to the increasing disputes amongst neighboring countries in this region and some developed countries in this region such as India, Japan, South Korea, and China are continuously increasing investments on defense sector to strengthen their respective national security.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-30 |
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Market Size in 2023 |
US$ 8,923.2 million |
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Market CAGR |
25.3% |
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By Product Type |
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By Application |
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By Region |
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A drone navigation system can be referred to as a system or the brain of a drone that is used to control the flight of a drone. The IMU (Inertial Measurement Unit) of drones comprises gyroscopes and accelerometers that provide data on linear acceleration across three axes and the measurements of pitch, roll, and yaw. This data is further used by the flight controller for navigational information and to ensure smooth flight capabilities.
Key players’ profiles in the drone navigation system market report are SZ DJI Technology Co., Ltd., AeroVironment, Inc., SBG Systems, UAV Navigation, Leica Geosystems AG, Inertial Sense LLC, AeroVironment Inc., Advanced Navigation Pty Ltd.,
Rising disposable incomes, increasing population day by day, an upsurge in drone use in the defense sector, development of electronic warfare technologies, and implementation of AI technology.
| 1.Executive Summary |
| 2.Global Drone Navigation System Market Introduction |
| 2.1.Global Drone Navigation System Market - Taxonomy |
| 2.2.Global Drone Navigation System Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Application |
| 2.2.3.Geography |
| 2.2.4.Region |
| 3.Global Drone Navigation System Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Drone Navigation System Market Analysis, 2019-2023 and Forecast 2024-2030 |
| 4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Drone Navigation System Market By Product Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 5.1. Autonomous Semi-Autonomous |
| 5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Remotely Operated |
| 5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global Drone Navigation System Market By Application, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 6.1. Civil and Commercial |
| 6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Military |
| 6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Drone Navigation System Market By Geography, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. The Asia Pacific |
| 7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. MEA |
| 7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Drone Navigation System Market By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Drone Navigation System Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 9.1. Product Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Autonomous Semi-Autonomous |
| 9.1.2.Remotely Operated |
| 9.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Civil and Commercial |
| 9.2.2.Military |
| 9.3. Geography Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.North America |
| 9.3.2.Europe |
| 9.3.3.The Asia Pacific |
| 9.3.4.Latin America |
| 9.3.5.MEA |
| 9.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Drone Navigation System Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Autonomous Semi-Autonomous |
| 10.1.2.Remotely Operated |
| 10.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Civil and Commercial |
| 10.2.2.Military |
| 10.3. Geography Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.North America |
| 10.3.2.Europe |
| 10.3.3.The Asia Pacific |
| 10.3.4.Latin America |
| 10.3.5.MEA |
| 10.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 10.4.7. |
| 11.Asia Pacific (APAC) Drone Navigation System Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Autonomous Semi-Autonomous |
| 11.1.2.Remotely Operated |
| 11.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Civil and Commercial |
| 11.2.2.Military |
| 11.3. Geography Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.North America |
| 11.3.2.Europe |
| 11.3.3.The Asia Pacific |
| 11.3.4.Latin America |
| 11.3.5.MEA |
| 11.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Drone Navigation System Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Autonomous Semi-Autonomous |
| 12.1.2.Remotely Operated |
| 12.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Civil and Commercial |
| 12.2.2.Military |
| 12.3. Geography Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.North America |
| 12.3.2.Europe |
| 12.3.3.The Asia Pacific |
| 12.3.4.Latin America |
| 12.3.5.MEA |
| 12.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Drone Navigation System Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Autonomous Semi-Autonomous |
| 13.1.2.Remotely Operated |
| 13.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Civil and Commercial |
| 13.2.2.Military |
| 13.3. Geography Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.North America |
| 13.3.2.Europe |
| 13.3.3.The Asia Pacific |
| 13.3.4.Latin America |
| 13.3.5.MEA |
| 13.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.SZ DJI Technology Co., Ltd. |
| 14.2.2.AeroVironment, Inc. |
| 14.2.3.SBG Systems |
| 14.2.4.UAV Navigation |
| 14.2.5.Leica Geosystems AG |
| 14.2.6.Inertial Sense LLC |
| 14.2.7.AeroVironment Inc. |
| 14.2.8.Advanced Navigation Pty Ltd. |
| 14.2.9.Elbit Systems Ltd. |
| 14.2.10.Gladiator Technologies Inc. |
| 14.2.11.Hexagon AB |
| 14.2.12.Inertial Labs |
| 14.2.13.Northrop Grumman Corp. |
| 14.2.14.Oxford Technical Solutions Ltd. |
| 14.2.15.Parker Hannifin Corp. |
| 14.2.16.Parrot Drones SAS |
| 14.2.17.Sagetech Avionics Inc. |
| 14.2.18.Trimble Inc. |
| 14.2.19.uAvionix Corp. |
| 14.2.20.UAVOS Inc. |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.