The autonomous navigation market in MEA is expected to grow from US$ 17.7 million in 2019 to US$ 34.1 million by 2027; it is estimated to grow at a CAGR of 10.6% from 2020 to 2027.
Saudi Arabia, South Africa, and UAE are major economies in MEA. Vessel navigation and unmanned ship getting deployed with autonomous navigation technology is driving the MEA autonomous navigation market in a positive way. Maritime trade has increased drastically in recent years owing to the growth of industrial economies. The unmanned ship is gaining attention as a next-generation transportation vessel owing to its enhanced efficiency, safety, and connectivity during maritime trade. As the shipping industry still stands at a transient state, tech giants and shipping companies are focusing on integrating the autonomous navigation technology in shipping. Considering the risk associated with assessing the safety of autonomous ships and human life, it is identified that autonomous unmanned ships are reliable and secure compared to conventional ship. In light of the technological adequacy of pilot applications and navigation systems, there is a magnificent development taking place in autonomous shipping, which is anticipated to build a lucrative future for autonomous vessels. In the context of advanced technologies, tug owners are investing a huge amount in autonomous technology, CCTV, AI, and digitalization for monitoring and vessel navigation. The aspect of deploying autonomous technology in vessels and unmanned ships will propel the market growth. Moreover, with respect to the application of autonomous navigation in unmanned ships, companies such as Wheelhouse technology is introducing autonomous tug navigation with better performance and effective hazard avoidance. KOTUG International, a towage services provider, has passed a new landmark in autonomous vessel navigation by demonstrating Rotortug-designed training harbour tug RT Borkum in Rotterdam, the Netherlands. Under this demonstration, the KOTUG International has used software that autonomously pilots an unmanned vessel in a busy port. Such technological advancements for the development of vessel navigation will help in fueling the growth of autonomous navigation during the coming years.The ongoing COVID-19 pandemic is impacting the MEA severely. Iran, Saudi Arabia, Qatar, South Africa, and the UAE are among the countries with high number of COVID-19 confirmed cases and reported deaths.
The economic and industrial growth of these countries has been affected negatively in the last few months. Due to lesser maritime trade and limited business in shipping industry in the first quarter of 2020, the trend of unmanned ships and vessel navigation has been disturbed. This factor has affected the scope of autonomous navigation systems.
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 MEA autonomous navigation market. The MEA autonomous navigation market is expected to grow at a good CAGR during the forecast period.
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MEA Autonomous Navigation Market Segmentation
MEA Autonomous Navigation Market – By Solution
- Sensing System
- Navigation System
- Processing Unit
- Software
MEA Autonomous Navigation Market – By Application
- Commercial
- Defense
MEA Autonomous Navigation Market – By Vehicle Type
- AGVs
- Mobile Robots
- UUVs
- Drones
- Others
MEA Autonomous Navigation Market – By Platform
- Land
- Marine
- Space
MEA Autonomous Navigation Market, by Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
MEA Autonomous Navigation Market - Companies Mentioned
- Collins Aerospace, a Raytheon Technologies Corporation Company
- FURUNO ELECTRIC CO., LTD
- Kollmorgen
- KONGSBERG
- Trimble Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Solution, Application, Vehicle Type, and Platform
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Saudi Arabia
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Autonomous Navigation Market – By Solution
1.3.2 MEA Autonomous Navigation Market – By Application
1.3.3 MEA Autonomous Navigation Market – By Vehicle Type
1.3.4 MEA Autonomous Navigation Market – By Platform
1.3.5 MEA Autonomous Navigation Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Autonomous Navigation Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
5. MEA Autonomous Navigation Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 High Demand of AGVs among Logistics Industry
5.1.2 Extensive Array of Applicability of Mobile Robots
5.2 Market Restraints
5.2.1 Tedious technological Integration and installation
5.3 Market Opportunities
5.3.1 Alliance of AI for Boosting Navigation Ability
5.4 Future Trends
5.4.1 Vessel Navigation and Unmanned Ship Deployed with Autonomous Navigation Technology
5.5 Impact Analysis of Drivers and Restraints
6. Autonomous Navigation Market – MEA Analysis
6.1 MEA Autonomous Navigation Market Overview
6.2 MEA Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. MEA Autonomous Navigation Market Analysis – By Solution
7.1 Overview
7.2 MEA Autonomous Navigation Market, by Solution (2019 and 2027)
7.3 Sensing Systems
7.3.1 Overview
7.3.2 Sensing Systems: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Processing Unit
7.4.1 Overview
7.4.2 Processing Unit: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Software
7.5.1 Overview
7.5.2 Software: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
8. MEA Autonomous Navigation Market Revenue and Forecast to 2027 – By Application
8.1 Overview
8.2 MEA Autonomous Navigation Market Breakdown, By Application, 2019 & 2027
8.3 Commercial
8.3.1 Overview
8.3.2 Commercial Market Forecast and Analysis
8.4 Defense
8.4.1 Overview
8.4.2 Defense Market Forecast and Analysis
9. MEA Autonomous Navigation Market Analysis – by Vehicle Type
9.1 Overview
9.2 MEA Autonomous Navigation Market, by Vehicle Type, 2019 & 2027
9.3 AGVs
9.3.1 Overview
9.3.2 AGVs: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Mobile Robots
9.4.1 Overview
9.4.2 Mobile Robots: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
9.5 UUVs
9.5.1 Overview
9.5.2 UUVs: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
9.6 Drones
9.6.1 Overview
9.6.2 Drones: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
10. MEA Autonomous Navigation Market Revenue and Forecast to 2027 – by Platform
10.1 Overview
10.2 MEA Autonomous Navigation Market Breakdown, by Platform, 2019 & 2027
10.3 Land
10.3.1 Overview
10.3.2 Land Market Forecast and Analysis
10.4 Marine
10.4.1 Overview
10.4.2 Marine Market Forecast and Analysis
10.5 Space
10.5.1 Overview
10.5.2 Space Market Forecast and Analysis
11. MEA Autonomous Navigation Market – Country Analysis
11.1 Overview
11.1.1 MEA: Autonomous Navigation Market, By Country
11.1.1.1 South Africa: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.1.1 South Africa: Autonomous Navigation Market, By Solution
11.1.1.1.2 South Africa: Autonomous Navigation Market, By Application
11.1.1.1.3 South Africa: Autonomous Navigation Market, By vehicle type
11.1.1.1.4 South Africa: Autonomous Navigation Market, By Platform
11.1.1.2 Saudi Arabia: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.2.1 Saudi Arabia: Autonomous Navigation Market, By Solution
11.1.1.2.2 Saudi Arabia: Autonomous Navigation Market, By Application
11.1.1.2.3 Saudi Arabia: Autonomous Navigation Market, By vehicle type
11.1.1.2.4 Saudi Arabia: Autonomous Navigation Market, By Platform
11.1.1.3 UAE: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.3.1 UAE: Autonomous Navigation Market, By Solution
11.1.1.3.2 UAE: Autonomous Navigation Market, By Application
11.1.1.3.3 UAE: Autonomous Navigation Market, By Vehicle Type
11.1.1.3.4 UAE: Autonomous Navigation Market, By Platform
11.1.1.4 Rest of MEA: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.4.1 Rest of MEA: Autonomous Navigation Market, By Solution
11.1.1.4.2 Rest of MEA: Autonomous Navigation Market, By Application
11.1.1.4.3 Rest of MEA: Autonomous Navigation Market, By vehicle type
11.1.1.4.4 Rest of MEA: Autonomous Navigation Market, By Platform
12. MEA Autonomous Navigation Market- COVID-19 Impact Analysis
12.1 MEA
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
13.4 Merger and Acquisition
14. Company Profiles
14.1 KONGSBERG
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Trimble Inc.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Collins Aerospace, a Raytheon Technologies Corporation Company
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Kollmorgen
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 FURUNO ELECTRIC CO., LTD.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word IndexLIST OF TABLES
Table 1. MEA Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. South Africa Autonomous Navigation Market, By Solution– Revenue and Forecast to 2027 (US$ Million)
Table 3. South Africa Autonomous Navigation Market, By Application– Revenue and Forecast to 2027 (US$ Million)
Table 4. South Africa Autonomous Navigation Market, by vehicle type– Revenue and Forecast to 2027 (US$ Million)
Table 5. South Africa Autonomous Navigation Market, By Platform – Revenue and Forecast to 2027 (US$ Million)
Table 6. Saudi Arabia Autonomous Navigation Market, By Solution– Revenue and Forecast to 2027 (US$ Million)
Table 7. Saudi Arabia Autonomous Navigation Market, By Application– Revenue and Forecast to 2027 (US$ Million)
Table 8. Saudi Arabia Autonomous Navigation Market, by vehicle type– Revenue and Forecast to 2027 (US$ Million)
Table 9. Saudi Arabia Autonomous Navigation Market, By Platform – Revenue and Forecast to 2027 (US$ Million)
Table 10. UAE Autonomous Navigation Market, By Solution– Revenue and Forecast to 2027 (US$ Million)
Table 11. UAE Autonomous Navigation Market, By Application– Revenue and Forecast to 2027 (US$ Million)
Table 12. UAE Autonomous Navigation Market, By Vehicle Type – Revenue and Forecast to 2027 (US$ Million)
Table 13. UAE Autonomous Navigation Market, By Platform – Revenue and Forecast to 2027 (US$ Million)
Table 14. Rest of MEA Autonomous Navigation Market, By Solution– Revenue and Forecast to 2027 (US$ Million)
Table 15. Rest of MEA Autonomous Navigation Market, By Application– Revenue and Forecast to 2027 (US$ Million)
Table 16. Rest of MEA Autonomous Navigation Market, by vehicle type– Revenue and Forecast to 2027 (US$ Million)
Table 17. Rest of MEA Autonomous Navigation Market, By Platform – Revenue and Forecast to 2027 (US$ Million)
Table 18. List of AbbreviationLIST OF FIGURES
Figure 1. MEA Autonomous navigation Market Segmentation
Figure 2. MEA Autonomous navigation Market Segmentation - Country
Figure 3. MEA Autonomous Navigation Market Overview
Figure 4. Rest of MEA Held the Largest Share in MEA Autonomous Navigation Market in 2019
Figure 5. MEA Autonomous Navigation Market, By Solution
Figure 6. MEA Autonomous Navigations Market, By Application
Figure 7. MEA Autonomous Navigations Market, By Vehicle Type
Figure 8. MEA Autonomous Navigations Market, By Platform
Figure 9. Porter’s Five Forces Analysis
Figure 10. MEA Autonomous Navigation Market– Ecosystem Analysis
Figure 11. APAC Autonomous Navigation Market Impact Analysis of Drivers and Restraints
Figure 12. MEA Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. MEA Autonomous Navigation Market Revenue Share, by Solution (2019 and 2027)
Figure 14. MEA Sensing Systems: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. MEA Processing Unit: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. MEA Software: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. MEA Autonomous Navigation Market Breakdown, By Application, 2019 & 2027
Figure 18. MEA Commercial Market Revenue and Forecast to 2027 (US$ Million)
Figure 19. MEA Defense Market Revenue and Forecast to 2027 (US$ Million)
Figure 20. MEA Autonomous Navigation Market Revenue Share, by Vehicle Type, 2019 & 2027)
Figure 21. MEA AGVs: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. MEA Mobile Robots: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. MEA UUVs: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. MEA Drones: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. MEA Others: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. MEA Autonomous Navigation Market Breakdown, by Platform, 2019 & 2027 (%)
Figure 27. MEA Land Market Revenue and Forecast to 2027 (US$ Million)
Figure 28. MEA Marine Market Revenue and Forecast to 2027(US$ Million)
Figure 29. MEA Space Market Revenue and Forecast to 2027 (US$ Million)
Figure 30. MEA: Autonomous Navigation Market Revenue Share, By Country (2019 and 2027)
Figure 31. South Africa: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Saudi Arabia: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. UAE: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. Rest of MEA: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)
Figure 35. Impact of COVID-19 Pandemic in MEA Country MarketsSome of the leading companies are:
- Collins Aerospace, a Raytheon Technologies Corporation Company
- FURUNO ELECTRIC CO., LTD
- Kollmorgen
- KONGSBERG
- Trimble Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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