Market Overview:
The global drone navigation system market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for drones across different applications, such as military, consumer and civil, and commercial sectors. Additionally, factors such as technological advancements and rising demand for precision agriculture are also contributing to the growth of this market. Based on type, the global drone navigation system market is segmented into inertial navigation systems (INS), satellite navigation systems (SATNAV) and integrated navigation systems (INS + SATNAV). INS dominated the global drone navigation system market in 2017 owing to its low cost and easy installation process. However, SATNAV is expected to grow at a higher CAGR during the forecast period due its advantages over INS such as high accuracy levels and longer operational life cycle.
Product Definition:
The drone navigation system is the set of components and software that allows a drone to fly from one point to another. It includes a global positioning system (GPS) receiver, an autopilot, and flight control software. The navigation system allows drones to autonomously fly routes predetermined by the user, making them useful for tasks such as mapping or surveying.
Inertial navigation:
Inertial navigation is a type of satellite-based positioning technology that uses the earth's rotation to determine the position of the device. It works by using a spinning mass, which is free from external forces and disturbances. The technology measures changes in momentum and gravity, which enables it to calculate its own orientation in three dimensions as well as determine any sudden shifts in its path.
Satellite navigation:
Satellite navigation is a technique of receiving and sending signals from artificial satellites to determine the location of an object on Earth's surface. It is used for various applications such as determining the position of a vehicle, locating natural resources, etc. The technology has evolved over time with improvements in accuracy and increasing demand for positioning services.
Application Insights:
The consumer and civil drones segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to rising adoption of drones for aerial photography and videography, mapping, monitoring crops, patrolling cities and forests, delivering packages at ease with a cost-effective solution. Moreover, the rise in popularity of drone racing is also driving demand for advanced navigation systems among consumers across the globe.
The military drones segment is expected to witness considerable growth over the forecast period owing to increasing use of UAVs (unmanned aerial vehicles) by militaries around the world for surveillance purposes coupled with high levels of accuracy offered by these systems. Furthermore, integration of satellite navigation into military UAVs offers critical battlefield information to soldiers on ground thereby offering enhanced decision-making capabilities during combat operations which are further anticipated to drive demand over forecasted years.
Regional Analysis:
North America dominated the global drone navigation system market in terms of revenue share in 2016. The growth can be attributed to the increasing use of drones for commercial applications such as real estate, inspection and monitoring of crops and livestock among others. Moreover, increased military spending coupled with stringent regulations by the Federal Aviation Administration (FAA) is expected to drive demand over the forecast period. Europe accounted for a significant share in 2016 owing to growing adoption by businesses for delivering goods efficiently while saving time and cost as well as improving customer experience are anticipated to fuel demand over next eight years.
The rise in popularity of consumer drones has led governments around the world introduce new regulations that will help maintain safety standards at airports.
Growth Factors:
- Increasing demand for drones in commercial and military applications
- Rising investment in drone technology by public and private organizations
- Proliferation of low-cost drones and development of advanced navigation systems
- Growing number of drone pilots and enthusiasts
- Emergence of new applications for drone navigation systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Drone Navigation System Market Research Report
By Type
Inertial navigation, Satellite navigation, Integrated navigation
By Application
Military drones, Consumer and civil drones
By Companies
AeroVironment, HEXAGON, Northrop Grumman, Parker Hannifin, SBG Systems SAS, DJI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Drone Navigation System Market Report Segments:
The global Drone Navigation System market is segmented on the basis of:
Types
Inertial navigation, Satellite navigation, Integrated navigation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military drones, Consumer and civil drones
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AeroVironment
- HEXAGON
- Northrop Grumman
- Parker Hannifin
- SBG Systems SAS
- DJI
Highlights of The Drone Navigation System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Inertial navigation
- Satellite navigation
- Integrated navigation
- By Application:
- Military drones
- Consumer and civil drones
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Drone Navigation System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A drone navigation system is a type of electronic navigation system that uses unmanned aerial vehicles (UAVs) to provide real-time guidance for the safe flight of aircraft.
Some of the major players in the drone navigation system market are AeroVironment, HEXAGON, Northrop Grumman, Parker Hannifin, SBG Systems SAS, DJI.
The drone navigation system market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Drone Navigation System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Drone Navigation System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Drone Navigation System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Drone Navigation System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Drone Navigation System Market Size & Forecast, 2018-2028
4.5.1 Drone Navigation System Market Size and Y-o-Y Growth
4.5.2 Drone Navigation System Market Absolute $ Opportunity
Chapter 5 Global Drone Navigation System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Drone Navigation System Market Size Forecast by Type
5.2.1 Inertial navigation
5.2.2 Satellite navigation
5.2.3 Integrated navigation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Drone Navigation System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Drone Navigation System Market Size Forecast by Applications
6.2.1 Military drones
6.2.2 Consumer and civil drones
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Drone Navigation System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Drone Navigation System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Drone Navigation System Analysis and Forecast
9.1 Introduction
9.2 North America Drone Navigation System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Drone Navigation System Market Size Forecast by Type
9.6.1 Inertial navigation
9.6.2 Satellite navigation
9.6.3 Integrated navigation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Drone Navigation System Market Size Forecast by Applications
9.10.1 Military drones
9.10.2 Consumer and civil drones
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Drone Navigation System Analysis and Forecast
10.1 Introduction
10.2 Europe Drone Navigation System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Drone Navigation System Market Size Forecast by Type
10.6.1 Inertial navigation
10.6.2 Satellite navigation
10.6.3 Integrated navigation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Drone Navigation System Market Size Forecast by Applications
10.10.1 Military drones
10.10.2 Consumer and civil drones
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Drone Navigation System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Drone Navigation System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Drone Navigation System Market Size Forecast by Type
11.6.1 Inertial navigation
11.6.2 Satellite navigation
11.6.3 Integrated navigation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Drone Navigation System Market Size Forecast by Applications
11.10.1 Military drones
11.10.2 Consumer and civil drones
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Drone Navigation System Analysis and Forecast
12.1 Introduction
12.2 Latin America Drone Navigation System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Drone Navigation System Market Size Forecast by Type
12.6.1 Inertial navigation
12.6.2 Satellite navigation
12.6.3 Integrated navigation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Drone Navigation System Market Size Forecast by Applications
12.10.1 Military drones
12.10.2 Consumer and civil drones
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Drone Navigation System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Drone Navigation System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Drone Navigation System Market Size Forecast by Type
13.6.1 Inertial navigation
13.6.2 Satellite navigation
13.6.3 Integrated navigation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Drone Navigation System Market Size Forecast by Applications
13.10.1 Military drones
13.10.2 Consumer and civil drones
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Drone Navigation System Market: Competitive Dashboard
14.2 Global Drone Navigation System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AeroVironment
14.3.2 HEXAGON
14.3.3 Northrop Grumman
14.3.4 Parker Hannifin
14.3.5 SBG Systems SAS
14.3.6 DJI
