Drone Navigation System Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Drone Navigation System Market By Product Type (Autonomous Semi-Autonomous, and Remotely Operated), Application Type (Civil and Commercial, and Military), and Geography

 

 

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Report

Description

Drone Navigation System Market is expected to be valued at USD 8,923.2 million in 2022, growing at an 25.3% CAGR from 2022 to 2028. 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.

 

Recent Market Developments:

In May 2022, BAE Systems and Microsoft are collaborating on the advancement of cloud computing technology and developing next-generation solutions for maritime defense technology and naval missions.

In August 2021, AeroVironment Inc., multi-domain robotic systems announced the standard payload interface kits for RQ-20B Puma Tactical unmanned aircraft system.

Drone Navigation System Market

MARKET SUMMARY
-
25.3%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 25.3%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Drone Navigation System Market

  • The drone navigation system market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The drone navigation system market is segmented based on based on product type, application, and geography.
Key Players
  • SBG Systems
  • UAV Navigation
  • Leica Geosystems AG
  • Inertial Sense LLC
  • AeroVironment Inc.
  • Advanced Navigation Pty Ltd.
Drone Navigation System Market Dynamics

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.


North-America Got Significant Share

Drone Navigation System Market

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
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The drone navigation system market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Drone Navigation System Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

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.


Report

Table Of Content

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
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. Global Drone Navigation System Market Dynamic Factors – Impact Analysis
3.6. Global Drone Navigation System Market – Competition Landscape
4. Global Drone Navigation System Market Analysis,2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Drone Navigation System Market, By Product Type, 2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn)
5.1. Autonomous Semi-Autonomous
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
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, 2017 – 2021 and Forecast, 2021 – 2027 (Revenue, USD Mn)
6.1. Civil and Commercial
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
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 Forecast, By Region, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Drone Navigation System Market – Opportunity Analysis Index, By Product Type, Application, and Region, 2022 – 2028
8. North America Drone Navigation System Market analysis2017–2021 and Forecast, 2022–2028(Revenue, USD Mn)
8.1. Product Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Autonomous Semi-Autonomous
8.1.2. Remotely Operated
8.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.2.1. Civil and Commercial
8.2.2. Military
8.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Drone Navigation System Market – Opportunity Analysis Index, By Product, Application, and Country, 2022 – 2028
8.5. North America Drone Navigation System Market Dynamics – Trends
9. Europe Drone Navigation System Market Analysis, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn)
9.1. Product Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Autonomous Semi-Autonomous
9.1.2. Remotely Operated
9.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Civil and Commercial
9.2.2. Military
9.3. Country Analysis 2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe Drone Navigation System Market – Opportunity Analysis Index, By Product Type, Application, and Country, 2022 – 2028
9.5. Europe Drone Navigation System Market Dynamics – Trends
10. Asia-Pacific Drone Navigation System Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. Product Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Autonomous Semi-Autonomous
10.1.2. Remotely Operated
10.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Civil and Commercial
10.2.2. Military
10.3. Country Analysis2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Drone Navigation System Market – Opportunity Analysis Index, By Product Type, Application, and Country,2022 – 2028
10.5. Asia-Pacific Drone Navigation System Market Dynamics – Trends
11. Latin America Drone Navigation System Market Analysis, 2017 – 2021 and Forecast, 2022–2028 (Revenue, USD Mn)
11.1. Product Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Autonomous Semi-Autonomous
11.1.2. Remotely Operated
11.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Civil and Commercial
11.2.2. Military
11.3. Country Analysis 2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Drone Navigation System Market – Opportunity Analysis Index, By Product Type, Application, and Country, 2022 – 2028
11.5. Latin America Drone Navigation System Market Dynamics – Trends
12. Middle East and Africa Drone Navigation System Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. Product Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Autonomous Semi-Autonomous
12.1.2. Remotely Operated
12.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Civil and Commercial
12.2.2. Military
12.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Drone Navigation System Market – Opportunity Analysis Index, By Product Type, Application, and Country, 2022 – 2028
12.5. MEA Drone Navigation System Market Dynamics – Trends
13. Competition Landscape
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Product Type& Service Testing Types, Key Developments, Strategies, and SWOT Analysis)
13.2.1. SZ DJI Technology Co., Ltd.
13.2.2. AeroVironment, Inc.
13.2.3. SBG Systems
13.2.4. UAV Navigation
13.2.5. Leica Geosystems AG
13.2.6. Inertial Sense LLC
13.2.7. AeroVironment Inc.
13.2.8. Advanced Navigation Pty Ltd.
13.2.9. Elbit Systems Ltd.
13.2.10. Gladiator Technologies Inc.
13.2.11. Hexagon AB
13.2.12. Inertial Labs
13.2.13. Northrop Grumman Corp.
13.2.14. Oxford Technical Solutions Ltd.
13.2.15. Parker Hannifin Corp.
13.2.16. Parrot Drones SAS
13.2.17. Sagetech Avionics Inc.
13.2.18. Trimble Inc.
13.2.19. uAvionix Corp.
13.2.20. UAVOS Inc.
14. Research Methodology
15. Key Assumptions and Acronyms

Report

Company Profile

  • SZ DJI Technology Co., Ltd.
  • AeroVironment, Inc.
  • SBG Systems
  • UAV Navigation
  • Leica Geosystems AG
  • Inertial Sense LLC
  • AeroVironment Inc.
  • Advanced Navigation Pty Ltd.
  • Elbit Systems Ltd.
  • Gladiator Technologies Inc.
  • Hexagon AB
  • Inertial Labs
  • Northrop Grumman Corp.
  • Oxford Technical Solutions Ltd.
  • Parker Hannifin Corp.
  • Parrot Drones SAS
  • Sagetech Avionics Inc.
  • Trimble Inc.
  • uAvionix Corp.
  • UAVOS Inc.

Description

Drone Navigation System Market is expected to be valued at USD 8,923.2 million in 2022, growing at an 25.3% CAGR from 2022 to 2028. 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.

 

Recent Market Developments:

In May 2022, BAE Systems and Microsoft are collaborating on the advancement of cloud computing technology and developing next-generation solutions for maritime defense technology and naval missions.

In August 2021, AeroVironment Inc., multi-domain robotic systems announced the standard payload interface kits for RQ-20B Puma Tactical unmanned aircraft system.

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