UAV Navigation Systems Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 9.73 Billion |
| Market Size (2029) | USD 20.41 Billion |
| CAGR (2024 - 2029) | 15.97 % |
| Fastest Growing Market | North America |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
UAV Navigation Systems Market Analysis
The UAV Navigation Systems Market size is estimated at USD 9.73 billion in 2024, and is expected to reach USD 20.41 billion by 2029, growing at a CAGR of 15.97% during the forecast period (2024-2029).
The increasing use of UAVs in military and civilian applications is driving the market. The production of UAVs stands out as one of the world's fastest-growing sectors, attracting significant attention from both government and commercial investors. Many developed and developing nations have established the necessary legal frameworks and launched national initiatives to boost UAV utilization in various sectors.
Advancements in electronic warfare have underscored the need for drones to adopt autonomous capabilities, driving technological innovations in the market. As electronic warfare techniques advance, the demand for reliable flight control solutions capable of withstanding modern attacks has surged. UAV manufacturers proactively invest in R&D, tailoring features and conducting rigorous testing to ensure their systems can operate effectively in challenging environments. Furthermore, the miniaturization of electronics has been pivotal in enhancing UAVs' navigation and guidance systems without significantly increasing their weight.
UAV Navigation Systems Market Trends
The Military Segment is Expected to Dominate the Market During the Forecast Period
The military sector has seen a surge in the adoption of UAVs, primarily for their ability to bolster ground troops' situational awareness. Unlike their civil and commercial counterparts, military UAVs need heightened maneuverability, precise guidance, and intricate navigation to execute their complex tactical missions. Consequently, these demands contribute significantly to the elevated costs of navigation systems in military UAVs.
Furthermore, as military UAVs increasingly embrace autonomous features, navigation systems must evolve with more sophisticated system-level architectures. This evolution boosts the market revenues of these navigation systems and underpins the growth of the military UAV segment. A notable example is the contract I-CONIC Vision and Spacemetric secured in May 2023 under the Swedish Defence Materiel Administration's military innovation program. The contract focuses on developing methods for GNSS-free navigation for drones, especially over extended distances.
North America is Expected to Dominate the Market During the Forecast Period
In North America, UAVs have diverse applications, from border security and aerial photography to law enforcement and weather research. The US military stands out as the region's primary driver of UAV demand, procuring and operating a substantial number annually. As the use of UAVs rises, the demand for their subsystems also increases, particularly navigation systems. This, combined with a significant presence of UAV OEMs, solidifies North America's dominant market position.
In May 2023, Asio Technologies (Israel) showcased its NavGuard optical navigation system to key US customers. In response to civil and defense requests, these demonstrations featured a rotary-wing UAV. Notably, this UAV showcased its ability to conduct aerial navigation and make point-to-point deliveries, even in areas where GNSS signals are unreliable. Such advancements are poised to fuel the market's growth during the forecast period.
UAV Navigation Systems Industry Overview
The UAV navigation systems market is semi-consolidated and is dominated by key players like SBG Systems SAS, Hexagon AB, SZ DJI Technology Co. Ltd, RTX Corporation, and UAV Navigation SL. The market offers a spectrum of products, from basic GPS systems for small drones to comprehensive navigation setups for larger UAVs, fostering a diverse competitive landscape.
Given the market's emphasis on technological advancements, companies are eyeing new contracts, particularly with a strong focus on military clientele. Enhanced navigation and guidance features are pivotal for military applications, providing armed forces with a strategic advantage.
September 2022: UAV Navigation unveiled its visual navigation system (VNS). This compact, lightweight peripheral, designed to complement the primary flight control system (FCS), facilitates secure UAV navigation, especially in GNSS-challenged environments.
UAV Navigation Systems Market Leaders
-
Hexagon AB
-
UAV Navigation S.L.
-
SZ DJI Technology Co., Ltd.
-
SBG Systems S.A.S
-
RTX Corporation
*Disclaimer: Major Players sorted in no particular order
UAV Navigation Systems Market News
- August 2023: Elbit Systems secured a USD 55 million contract to provide the Netherlands with multi-layered ReDrone Counter Unmanned Aerial Systems (C-UAS). This solution includes Elbit Systems' cutting-edge DAiR Radar, signal intelligence (SIGINT) sensors, and the COAPS-L electro-optical (EO) payload.
- July 2023: The US Air Force AFWERX Prime granted Darkhive a USD 5 million Phase III Small Business Innovation Research contract to facilitate the integration and testing of next-generation autonomy software on various UAS platforms.
UAV Navigation Systems Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
-
4.4 Industry Attractiveness - Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 UAV Type
- 5.1.1 Autonomous UAVs
- 5.1.2 Semi-autonomous UAVs
- 5.1.3 Remotely (Human) Operated UAVs
-
5.2 Application
- 5.2.1 Civil and Commercial
- 5.2.2 Military
-
5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.2 Europe
- 5.3.2.1 United Kingdom
- 5.3.2.2 Germany
- 5.3.2.3 France
- 5.3.2.4 Russia
- 5.3.2.5 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 India
- 5.3.3.3 Japan
- 5.3.3.4 South Korea
- 5.3.3.5 Rest of Asia-Pacific
- 5.3.4 Latin America
- 5.3.4.1 Brazil
- 5.3.4.2 Rest of Latin America
- 5.3.5 Middle East and Africa
- 5.3.5.1 Saudi Arabia
- 5.3.5.2 United Arab Emirates
- 5.3.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Vendor Market Share
-
6.2 Company Profiles
- 6.2.1 Hexagon AB
- 6.2.2 SBG Systems SAS
- 6.2.3 UAV Navigation SL
- 6.2.4 SZ DJI Technology Co. Ltd
- 6.2.5 RTX Corporation
- 6.2.6 AeroVironment Inc.
- 6.2.7 Honeywell International Inc.
- 6.2.8 BAE Systems PLC
- 6.2.9 Cobham Limited
- 6.2.10 L3 Harris Technologies Inc.
- 6.2.11 Elbit Systems Ltd
- 6.2.12 Leica Geosystems AG
- 6.2.13 Parrot Drone SAS
- 6.2.14 Trimble Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityUAV Navigation Systems Industry Segmentation
UAV navigation systems, facilitated by flight management and embedded data link systems, precisely control flight parameters such as geographical position and altitude. Leading-edge UAVs leverage GPS/GNSS receivers, enabling advanced navigation functionalities such as position hold, return-to-home, and autonomous flight.
The UAV navigation systems market is segmented by UAV type (autonomous, semi-autonomous, and remotely operated UAVs), application (civil and commercial and military), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The market size is provided for each segment in terms of value (USD).
| UAV Type | Autonomous UAVs | |
| Semi-autonomous UAVs | ||
| Remotely (Human) Operated UAVs | ||
| Application | Civil and Commercial | |
| Military | ||
| Geography | North America | United States |
| Canada | ||
| Geography | Europe | United Kingdom |
| Germany | ||
| France | ||
| Russia | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Latin America | Brazil |
| Rest of Latin America | ||
| Geography | Middle East and Africa | Saudi Arabia |
| United Arab Emirates | ||
| Rest of Middle East and Africa |
UAV Navigation Systems Market Research FAQs
How big is the UAV Navigation Systems Market?
The UAV Navigation Systems Market size is expected to reach USD 9.73 billion in 2024 and grow at a CAGR of 15.97% to reach USD 20.41 billion by 2029.
What is the current UAV Navigation Systems Market size?
In 2024, the UAV Navigation Systems Market size is expected to reach USD 9.73 billion.
Who are the key players in UAV Navigation Systems Market?
Hexagon AB, UAV Navigation S.L., SZ DJI Technology Co., Ltd., SBG Systems S.A.S and RTX Corporation are the major companies operating in the UAV Navigation Systems Market.
Which is the fastest growing region in UAV Navigation Systems Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in UAV Navigation Systems Market?
In 2024, the North America accounts for the largest market share in UAV Navigation Systems Market.
What years does this UAV Navigation Systems Market cover, and what was the market size in 2023?
In 2023, the UAV Navigation Systems Market size was estimated at USD 8.18 billion. The report covers the UAV Navigation Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the UAV Navigation Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UAV Navigation Systems Industry Report
Statistics for the 2024 UAV Navigation Systems market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UAV Navigation Systems analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
