North America Autonomous Navigation Market Growth Opportunities and Forecast by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

North America Autonomous Navigation Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Solution (Sensing System, Navigation System, Processing Unit, and Software), Application (Commercial and Defense), Vehicle Type (AGVs, Mobile Robots, UUVs, Drones, and Others), and Platform (Land, Marine, and Space)

Report Date : Jan 2021
Report Code : TIPRE00018167

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 135

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The autonomous navigation market in North America is expected to grow from US$ 106.5 million in 2019 to US$ 199.9 million by 2027; it is estimated to grow at a CAGR of 10.2% from 2020 to 2027.

The US, Canada, and Mexico are major economies in North America. Increasing use of AGVs in logistics industry is driving the North America autonomous navigation market in a positive way. With growing industrial economies, the industries are integrating advanced technologies in their business process to optimize productivity. With a growing young and aging working population in industries, the need to incorporate autonomous technologies in the industrial sector is rising, intending to provide products on time. Therefore, industries such as logistics are inclined toward automation to develop automated guided vehicles (AVGs) for time management, accuracy, and productivity. With advancements in robotic technologies, the industrial sector, including logistics, is deploying automation to boost production quality with a better time management aspect. Earlier, AGVs were restricted to manufacturing systems; however, at present, with continuous technological developments, AGVs are getting used in the logistics industry for repeating transportation tasks in container terminals, warehouses, and underground transportation systems. The AGVs, robotic technologies, and automated technologies are heavily used in developed and developing countries where robotics applications are common. Availability of laser-guided navigation, magnetic navigation, optical navigation, AGV with natural navigation, wire navigation, and vision navigation is driving the use of AGVs as per the requirement of logistics and other industries. Moreover, companies such as BlueBotics, which develops autonomous navigation technology that can be installed in all customizable AGVs, also make a positive impact on the North America market growth.

The COVID-19 pandemic has devastating impact over North America. North America is one of the most important region for the adoption and growth of new technologies. This is due to favorable government policies to boost innovation, presence of huge technological companies, and high adoption of automation in various industries, especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to affect the economic growth of the region. The US, Canada, and Mexico have witnessed a significant rise in the number of COVID-19 infected patients. This led the governments to impose lockdowns and limit human movement, thereby leading the manufacturing facilities to experience lower than usual production volumes. The US is one of the largest markets for developing autonomous technologies and integrating it into machines. In addition, testing of autonomous technologies is high in the region. However, due to COVID-19, this has declined. Hence, the ongoing COVID-19 crisis and critical situation in the US are predicted to negatively impact the autonomous navigation market growth in North America for the next few quarters.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America autonomous navigation market. The North America autonomous navigation market is expected to grow at a good CAGR during the forecast period.

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North America Autonomous Navigation Market Segmentation

North America Autonomous Navigation Market – By Solution

Sensing System
Navigation System
Processing Unit
Software

North America Autonomous Navigation Market – By Application

Commercial
Defense

North America Autonomous Navigation Market – By Vehicle Type

AGVs
Mobile Robots
UUVs
Drones
Others

North America Autonomous Navigation Market – By Platform

Land
Marine
Space

North America Autonomous Navigation Market, by Country

US
Canada
Mexico

North America Autonomous Navigation Market - Companies Mentioned

Autonomous Solutions, Inc.
Brain Corporation
Collins Aerospace, a Raytheon Technologies Corporation Company
FURUNO ELECTRIC CO., LTD
KINEXON
Kollmorgen
KONGSBERG
Trimble Inc.

North America Autonomous Navigation Report Scope

Report Attribute	Details
Market size in 2019	US$ 106.5 Million
Market Size by 2027	US$ 199.9 Million
Global CAGR (2020 - 2027)	10.2%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Solution Sensing System Navigation System Processing Unit Software By Application Commercial and Defense By Vehicle Type AGVs Mobile Robots UUVs Drones By Platform Land Marine Space
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	Autonomous Solutions, Inc. Brain Corporation Collins Aerospace, a Raytheon Technologies Corporation Company FURUNO ELECTRIC CO., LTD KINEXON Kollmorgen KONGSBERG Trimble Inc.

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the North America Autonomous Navigation Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

North America Autonomous Navigation Market Report Snapshots

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