Published Year: 2020
Automated Guided Vehicle Market – A Global and Regional Analysis: Focus on AGV Types (Indoor-Outdo
The global automated guided vehicle market accounted for 138,740 units in terms of volume in...
Market Research Report
A quick peek into the report
Autonomous Navigation Software Industry and Technology Overview
The future of autonomous systems: focus on autonomous navigation software market was valued at $3.15 billion in 2022, and it is expected to be $5.68 billion by 2033. This market is expected to be driven by the continuous advancements and adoption of digital technologies, government initiatives for the adoption of autonomous technologies, and the increasing demand for automation and efficiency in various industries, such as manufacturing, transportation, healthcare, and agriculture. Additionally, the growing need for reducing human error and increasing safety in critical operations is also expected to drive the adoption of autonomous systems.
Market Lifecycle Stage
The future of autonomous systems: focus on autonomous navigation software market has gained significant importance over the years 2019-2022. Over the past few years, industry participants have been focusing on technologies such as thermal stereo sensing in autonomous vehicles, rapid developments in humanoid robot technology, and the use of 360-degree stabilized vision and depth collision in autonomous systems. Furthermore, artificial intelligence (AI), machine learning (ML), robotics, sensor fusion, and IoT technologies play a crucial role in enhancing the capabilities of autonomous systems.
Global Future of Autonomous Systems: Focus on Autonomous Navigation Software Market, $Million, 2022-2033
Source: Expert Interviews and BIS Research Analysis
Impact
The future of autonomous systems: focus on autonomous navigation software market is expected to grow significantly in the coming years, driven by various factors such as increasing focus on sustainability and environmental responsibility. However, there are several challenges to the adoption of autonomous systems. Regulatory and ethical concerns, cybersecurity risks, and the high cost of implementation are some of the challenges that industry participants and policymakers must address to promote the widespread adoption of these technologies. On the other hand, the desire for increased efficiency, scalability, continuous advancements and adoption of digital technologies, and cost savings are the major drivers for the growth of the future of autonomous systems: focus on autonomous navigation software market. Furthermore, as the adoption of autonomous systems continues to grow, it is likely that new business models will emerge, such as autonomous trucks, buses, shuttles, and drone delivery networks. The advancement in autonomous platforms has the potential to disrupt traditional industries and create new opportunities for prominent as well as emerging stakeholders operating in the ecosystem.
Market Segmentation
Segmentation 1: by Application
• Logistics and Warehouse Management
• Automated Manufacturing
• Surveillance and Inspection
• Agriculture
• Mobility
• Others
Segmentation 2: by Sector
• Commercial
• Military
• Civil Government
Segmentation 3: by Platform
• Autonomous Vehicle (Trucks/Buses/Vans)
• Unmanned Aerial Vehicle (UAV)
• Unmanned Underwater Vehicle (UUV)
• Unmanned Surface Vehicle (USV)
• Autonomous Mobile Robot
• Collaborative Robot (Cobot)
• Humanoid
Segmentation 4: by Software Technology
• Visual SLAM
• LiDAR SLAM
• Neuromorphic Chip
• Natural Intelligence
Based on application, the future of autonomous systems: focus on autonomous navigation software market is expected to be dominated by the mobility segment. In addition, based on sector, the future of autonomous systems: focus on autonomous navigation software market is expected to be dominated by the commercial segment during the forecast period. Moreover, based on software technology, the future of autonomous systems: focus on autonomous navigation software market is expected to be dominated by the visual SLAM segment. Furthermore, based on the platforms, the market is expected to be dominated by autonomous vehicles (trucks/buses/vans).
Segmentation 5: by Region
• North America - U.S. and Canada
• Europe - France, Germany, Russia, U.K., and Rest-of-Europe
• Asia-Pacific - China, Japan, India, Australia, and Rest-of-Asia-Pacific
• Rest-of-the-World - Middle East and Africa and South America
Recent Developments in the Future of Autonomous Systems: Focus on Autonomous Navigation Software Market
• In November 2022, Goggo Network, which is an autonomous mobility company, signed a memorandum of understanding (MoU) with Mobileye to increase the adoption of autonomous mobility and logistics in Spain and Europe. Goggo Network aims to introduce level 4 autonomy in Spain with this collaboration.
• In November 2022, UAV Navigation collaborated with Qascom for an OSNMAplus project. This project focuses on the development of technologies by making use of services provided by the European (GNSS) Global Navigation Satellite System.
• In November 2022, Velodyne Lidar, Inc. signed a multi-year agreement with GreenValley International to provide its lidar sensors for 3D surveying and mapping.
• In September 2022, Lyft collaborated with Argo AI, LLC, and started offering a public rob taxi service in Austin, Texas. This is the second city after Miami to operate commercial robotaxi service.
• In July 2022, Velodyne Lidar, Inc. signed a multi-year contract with Boston Dynamics, a developer of mobile robotics, to provide perception and navigation capabilities for Boston’s highly mobile robots. Velodyne’s Lidar sensor solutions allow mobile robots to work autonomously and safely without the need for human intervention. They provide 3D perception data in real-time for localization, mapping, object categorization, and object tracking.
• In June 2022, Sensible 4 and Bodo Municipality collaborated for the world’s first long-term autonomous driving service in the city of Bodo, Norway.
• In May 2022, Sensible 4 and Moove GmbH collaborated to launch the vehicle at a startup event in Helsinki. The companies aim to launch shuttle buses in the European market.
• In April 2022, Argo AI, LLC partnered with 412 Food Rescue to autonomously deliver food to people facing food insecurity in the region.
• In March 2022, Oceaneering International partnered with BlueBotics for its new product line. This is expected to strengthen its position in the autonomous systems market.
Demand - Drivers and Limitations
Following are the drivers for the future of autonomous systems: focus on autonomous navigation software market:
• Continuous Advancements and Adoption of Digital Technologies
• Government Initiatives for Adoption of Autonomous Technologies
• Increased Need to Reduce Human Errors
Following are the challenges for the future of autonomous systems: focus on autonomous navigation software market:
• High Costs and Complexity Involved in the Development of Autonomous Solutions
• Lack of Advanced Communication Infrastructure
• Requirement of Fixed Infrastructure to Operate Autonomous Systems
Following are the opportunities for the future of autonomous systems: focus on autonomous navigation software market:
• Increasing Adoption of Autonomous Systems across Industries
• Rising Investments in Autonomous Technology
Analyst Perspective
According to Arunkumar Sampathkumar, Principal Analyst, “Autonomous systems are already a reality, and they are being deployed across applications. While the technology penetration rate is slower in many applications, autonomous capabilities are driving growth in others. Autonomous systems are going to be a significant part of our future as they are likely to be scaled up steadily across regions creating opportunities for diverse stakeholder groups across the value chains. Robotics for warehouse and delivery logistics is another key growth area. Across various use cases of this technology, the aspects of navigation and safety measures for adverse scenarios remain prominent within the autonomy domain as the solutions evolve. This study covers the state of autonomy across multiple applications, and more importantly, where they are headed, capturing market insights on current and emerging opportunities for diverse stakeholder groups within the autonomy/robotics domain (across markets). Those who are looking to understand how their solution can help developers enhance their autonomous systems will benefit from this study.”
Future of Autonomous Systems - Focus On Autonomous Navigation Software Market - A Global and Regional Analysis
Focus on Application, Sector, Platform, Software Technology, and Country - Analysis and Forecast, 2023-2033
Some Faq's
Frequently Asked Questions
The future of autonomous systems: focus on autonomous navigation software market refers to the rapidly growing market for various platforms such as autonomous vehicles (trucks/buses/vans), autonomous mobile robots (AMRs), unmanned aerial vehicles (UAVs), unmanned surface vehicles (USVs), collaborative robots (Cobots), humanoids, and unmanned underwater vehicles (UUVs). This market includes a wide range of autonomous navigation software technologies such as visual SLAM, LiDAR SLAM, neuromorphic chips, and natural intelligence.
The key trends in the future of autonomous systems: focus on autonomous navigation software market include thermal stereo sensing in autonomous vehicles, rapid developments in humanoid robot technology, and the use of 360-degree stabilized vision and depth collision in autonomous systems. Many companies, such as Velodyne LiDAR, Bluebotics, Kollmorgen, Clearpath Robotics, and others, are actively involved in the development of autonomous navigation software technologies for various applications. Other technological trends are the use of artificial intelligence (AI), machine learning (ML), robotics, sensor fusion, and IoT technologies.
The future of autonomous systems: focus on autonomous navigation software market has seen major development by key players operating in the market, such as business expansion activities, investments, contracts, partnerships, collaborations, mergers, and agreements. According to BIS Research, the majority of the companies preferred collaborations, contracts, and agreements as strategies to further increase their growth in the future of autonomous systems: focus on autonomous navigation software market. Companies such as Cruise LLC, Sensible 4, Incubed IT GmbH, Robo Tech Vision, Opteran Technologies, and vHive have majorly adopted partnership, contract, collaboration, and agreement strategies.
There is an increasing demand for robotics that are capable of performing increasingly complex tasks, such as autonomous exploration, inspection, and maintenance. Hence, the new entrants can focus on applying artificial intelligence and robotics in the future of autonomous systems: focus on autonomous navigation software market and go for the latest exploration technologies, such as autonomous robots, to avoid obstacles and make new discoveries on planets. In addition, the new entrants should focus on data analytics, and this could include developing algorithms for real-time decision-making and predictive analytics.
The following can be seen as some of the USPs of the report:
• A dedicated section focusing on various technologies adopted by the key players operating in the future of autonomous systems: focus on autonomous navigation software market
• A dedicated section on growth opportunities and recommendations
• A qualitative and quantitative analysis of the future of autonomous systems: focus on autonomous navigation software market at the regional and country level.
Companies that manufacture autonomous platforms such as autonomous vehicles (trucks/buses/vans), autonomous mobile robots (AMRs), unmanned aerial vehicles (UAVs), unmanned surface vehicles (USVs), collaborative robots (Cobots), humanoids, and unmanned underwater vehicles (UUVs) and also the companies involved in autonomous navigation software technologies such as visual SLAM, LiDAR SLAM, neuromorphic chips, and natural intelligence, should buy this report.
Similar Product
You may also like
Published Year: 2020
Global Collaborative Robot (Cobot) Market: Focus on Payload, Application Sales Channel, Component, a
The collaborative robot industry analysis by BIS Research projects the market to grow at a...