Market Share of UAV Navigation Systems Industry
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
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Hexagon AB
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UAV Navigation S.L.
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SZ DJI Technology Co., Ltd.
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SBG Systems S.A.S
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RTX Corporation
*Disclaimer: Major Players sorted in no particular order
