South America Autonomous Navigation Market to Grow at a CAGR of 8.6% to reach US$ 69.4 Million from 2020 to 2027

South 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 Code : TIPRE00018174
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 106
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The autonomous navigation market in SAM is expected to grow from US$ 41.3 million in 2019 to US$ 69.4 million by 2027; it is estimated to grow at a CAGR of 8.6% from 2020 to 2027.

Saudi Arabia, South Africa, and UAE are major economies in SAM. Various AI technologies coming together for growing navigation effectiveness is driving the SAM autonomous navigation market in a positive way. The advent of big data would prove to be a game-changer for transportation, logistics, military, and other end-users of autonomous navigation in the new age of fueling technologies. It is expected that the scope of autonomous systems such as self-driving cars and drones would have a positive effect on the everyday lives of individuals. For evolving applications of autonomous systems such as cars and drones, assured navigation is anticipated to be a key enabler. In the absence of satellite navigation such as GNSS and GPS, various initiatives have been taken to establish an assured AI-based navigation solution for UAVs that allows reliable activity on safety-critical missions. In addition, autonomous navigation systems provide resilience during pandemics and disasters, such as by making autonomous deliveries without risking any courier or delivery recipients in the situation of viral threats (such as COVID-19). AI-based autonomous navigation can help control safety-critical operations as part of the growing need for high-precision hybrid navigation technologies. Developers are focusing on the development of a cost-effective and stable navigation solution for autonomous systems, suitable for safety-critical missions where performance-degraded satellite-based navigation systems are used.

SAM is severely affected by the COVID-19 pandemic. In SAM, Brazil reported the highest number of COVID-19 confirmed cases, followed by Ecuador, Peru, Chile, Argentina, and others. Governments in SAM are taking several initiatives, such as lockdowns, trade bans, and travel restrictions, to protect people and control the spread of COVID-19 in the region. These measures are expected to have a direct impact on the region’s economic growth due to lower export revenues from the drop in commodity prices and reduction in export volumes, especially to major trading partners. The sharp decline in the sales of the logistics industry and halt in vehicle production in the region due to lockdown measures is expected to directly impact the growth of the SAM autonomous navigation market.

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 SAM autonomous navigation market. The SAM autonomous navigation market is expected to grow at a good CAGR during the forecast period.

SAM autonomous navigation market

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SAM Autonomous Navigation Market Segmentation  

SAM Autonomous Navigation Market – By Solution

  • Sensing System
  • Navigation System
  • Processing Unit
  • Software

SAM Autonomous Navigation Market – By Application

  • Commercial
  • Defense

SAM Autonomous Navigation Market – By Vehicle Type

  • AGVs
  • Mobile Robots
  • UUVs
  • Drones
  • Others

SAM Autonomous Navigation Market – By Platform

  • Land
  • Marine
  • Space

SAM Autonomous Navigation Market, by Country

  • Brazil  
  • Rest of SAM

SAM Autonomous Navigation Market - Companies Mentioned

  • Collins Aerospace, a Raytheon Technologies Corporation Company
  • FURUNO ELECTRIC CO., LTD
  • Kollmorgen
  • KONGSBERG
  • Trimble Inc.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Solution, Application, Vehicle Type, and Platform

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada, Brazil, Argentina

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 SAM Autonomous Navigation Market – By Solution

1.3.2 SAM Autonomous Navigation Market – By Application

1.3.3 SAM Autonomous Navigation Market – By Vehicle Type

1.3.4 SAM Autonomous Navigation Market – By Platform

1.3.5 SAM Autonomous Navigation Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SAM 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. SAM Autonomous Navigation Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Acceptance of AGVs in Logistics Market

5.1.2 Mobile Robots Performing Various Different Applications

5.2 Market Restraints

5.2.1 Technological Costs and Time

5.3 Market Opportunities

5.3.1 Various AI Technologies Coming Together for Growing Navigation Effectiveness

5.4 Future Trends

5.4.1 Vessel Navigation and Unmanned Ship Adopting Autonomous Navigation Technology

5.5 Impact Analysis of Drivers and Restraints

6. Autonomous Navigation Market – SAM Analysis

6.1 SAM Autonomous Navigation Market Overview

6.2 SAM Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

6.3 Market Positioning – Five Key Players

7. SAM Autonomous Navigation Market Analysis – By Solution

7.1 Overview

7.2 SAM 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. SAM Autonomous Navigation Market Revenue and Forecast to 2027 – By Application

8.1 Overview

8.2 SAM 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. SAM Autonomous Navigation Market Analysis – by Vehicle Type

9.1 Overview

9.2 SAM 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. SAM Autonomous Navigation Market Revenue and Forecast to 2027 – by Platform

10.1 Overview

10.2 SAM 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. SAM Autonomous Navigation Market – Country Analysis

11.1 Overview

11.1.1 SAM: Autonomous Navigation Market, By Country

11.1.1.1 Brazil: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.1.1 Brazil: Autonomous Navigation Market, By Solution

11.1.1.1.2 Brazil: Autonomous Navigation Market, By Application

11.1.1.1.3 Brazil: Autonomous Navigation Market, By vehicle type

11.1.1.1.4 Brazil: Autonomous Navigation Market, By Platform

11.1.1.2 Rest of SAM: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.2.1 Rest of SAM: Autonomous Navigation Market, By Solution

11.1.1.2.2 Rest of SAM: Autonomous Navigation Market, By Application

11.1.1.2.3 Rest of SAM: Autonomous Navigation Market, By vehicle type

11.1.1.2.4 Rest of SAM: Autonomous Navigation Market, By Platform

12. SAM Autonomous Navigation Market- COVID-19 Impact Analysis

12.1 SAM

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 Index

LIST OF TABLES

Table 1. SAM Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

Table 2. Brazil Autonomous Navigation Market, By Solution– Revenue and Forecast to 2027 (US$ Million)

Table 3. Brazil Autonomous Navigation Market, By Application– Revenue and Forecast to 2027 (US$ Million)

Table 4. Brazil Autonomous Navigation Market, by vehicle type– Revenue and Forecast to 2027 (US$ Million)

Table 5. Brazil Autonomous Navigation Market, By Platform – Revenue and Forecast to 2027 (US$ Million)

Table 6. Rest of SAM Autonomous Navigation Market, By Solution– Revenue and Forecast to 2027 (US$ Million)

Table 7. Rest of SAM Autonomous Navigation Market, By Application– Revenue and Forecast to 2027 (US$ Million)

Table 8. Rest of SAM Autonomous Navigation Market, by vehicle type– Revenue and Forecast to 2027 (US$ Million)

Table 9. Rest of SAM Autonomous Navigation Market, By Platform – Revenue and Forecast to 2027 (US$ Million)

Table 10. List of Abbreviation

LIST OF FIGURES

Figure 1. SAM Autonomous navigation Market Segmentation

Figure 2. SAM Autonomous navigation Market Segmentation – By Country

Figure 3. SAM Autonomous Navigation Market Overview

Figure 4. Brazil Held the Largest Share in SAM Autonomous Navigation Market in 2019

Figure 5. SAM Autonomous Navigation Market, By Solution

Figure 6. SAM Autonomous Navigations Market, By Application

Figure 7. SAM Autonomous Navigations Market, By Vehicle Type

Figure 8. SAM Autonomous Navigations Market, By Platform

Figure 9. Porter’s Five Forces Analysis

Figure 10. SAM Autonomous Navigation Market– Ecosystem Analysis

Figure 11. SAM Autonomous Navigation Market Impact Analysis of Drivers and Restraints

Figure 12. SAM Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13. SAM Autonomous Navigation Market Revenue Share, by Solution (2019 and 2027)

Figure 14. SAM Sensing Systems: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

Figure 15. SAM Processing Unit: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

Figure 16. SAM Software: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17. SAM Autonomous Navigation Market Breakdown, By Application, 2019 & 2027

Figure 18. SAM Commercial Market Revenue and Forecast to 2027 (US$ Million)

Figure 19. SAM Defense Market Revenue and Forecast to 2027 (US$ Million)

Figure 20. SAM Autonomous Navigation Market Revenue Share, by Vehicle Type, 2019 & 2027)

Figure 21. SAM AGVs: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22. SAM Mobile Robots: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

Figure 23. SAM UUVs: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24. SAM Drones: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25. SAM Others: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26. SAM Autonomous Navigation Market Breakdown, by Platform, 2019 & 2027 (%)

Figure 27. SAM Land Market Revenue and Forecast to 2027 (US$ Million)

Figure 28. SAM Marine Market Revenue and Forecast to 2027(US$ Million)

Figure 29. SAM Space Market Revenue and Forecast to 2027 (US$ Million)

Figure 30. SAM: Autonomous Navigation Market Revenue Share, By Country (2019 and 2027)

Figure 31. Brazil: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

Figure 32. Rest of SAM: Autonomous Navigation Market – Revenue and Forecast to 2027 (US$ Million)

Figure 33. Impact of COVID-19 Pandemic in SAM Country Markets

Some of the leading companies are:

  1. Collins Aerospace, a Raytheon Technologies Corporation Company
  2. FURUNO ELECTRIC CO., LTD
  3. Kollmorgen
  4. KONGSBERG
  5. Trimble Inc. 

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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