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Drone Navigation System Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 138
  • SKU: IRTNTR73787
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The drone navigation system market share is expected to increase to USD 8.48 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 27.48%.

This drone navigation system market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers drone navigation system market segmentation by end-user (military drones and consumer and civil drones) and geography (APAC, North America, Europe, Middle East and Africa, and South America). The drone navigation system market report also offers information on several market vendors, including Inertial Sense LLC, Advanced Navigation Pty Ltd., AeroVironment Inc., Elbit Systems Ltd., Gladiator Technologies Inc., Hexagon AB, Inertial Labs, Northrop Grumman Corp., Oxford Technical Solutions Ltd., Parker Hannifin Corp., Parrot Drones SAS, Sagetech Avionics Inc., SBG Systems SAS, SZ DJI Technology Co. Ltd., Trimble Inc., UAV Navigation SL, uAvionix Corp., UAVOS Inc., VectorNav Technologies LLC, and Volocopter GmbH among others.

What will the Drone Navigation System Market Size be During the Forecast Period?

Drone Navigation System Market Size

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Drone Navigation System Market: Key Drivers, Trends, and Challenges

The advancements in electronic warfare technologies is notably driving the drone navigation system market growth, although factors such as endurance constraints driving R&D costs may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the drone navigation system industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Drone Navigation System Market Driver

  • The advancements in electronic warfare technologies is one of the key drivers fueling the drone navigation system market growth.
  • Drones are being used extensively in current warfare scenarios due to their visual superiority and capability of performing pre-emptive strikes and surveillance on specific locations.
  • Drones are currently deployed as air defense systems. However, it is anticipated that the shifting focus toward asymmetric warfare would result in the deployment of a large number of drones in armed conflicts. This has encouraged several nations and respective prime defense contractors to significantly increase R&D investments to enhance their capability of avoiding anti-air weapons through the integration of advanced sensors.
  • Advanced navigation systems allow precise movement of drones to capture data effectively as data gathering is a direct function of the positioning of the drones and is highly dependent on sensor range and feedback to control mechanisms. This, in turn, will drive the drone navigation system market growth during the forecast period.

Key Drone Navigation System Market Trend

  • The advent of network-centric warfare (NCW) is one of the key drone navigation system market trends supporting market growth.
  • Network-centric warfare was devised by the US military during the 1990s and requires a thorough integration of sensors, communication networks, command centers, and associated platforms to achieve complete situational awareness and perfect synchronization between sensors and responders in a fast-paced environment.
  • The focus of NCW is the assimilation of minimum information that needs to be exchanged. Therefore, effective ways to capture that information and best portray it into actionable intelligence require the integration of precise navigation sensors to triangulate the position of a drone for effectively serving the mission.
  • Militaries around the world are making considerable long-term strategic investments in drones and are promoting NCW as part of military transformation.
  • Operational and strategic drones enable common access to the information provided to function as a relevant asset within an NCW, which in turn requires interoperability with the network transport and data systems within the communications architecture of a country's defense operations. This factor will support the drone navigation system market growth during the forecast period.

Key Drone Navigation System Market Challenge

  • Endurance constraints driving R&D costs is one of the key factors challenging the drone navigation system market growth.
  • Since all onboard equipment such as payload and other sensors, including navigation sensors, require power to operate, designers are focused on developing high-performance systems with low power requirements.
  • The subsequent R&D efforts are increasing the associative cost of production, and a ripple effect can be noticed over the total value chain of drones.
  • As a modern drone is the culmination of years of R&D activities conducted on a component-level basis, each advancement in the technology of the related components and subsystems can pave the way for an entirely new avenue of research. Moreover, to deliver the best results, such development activities are carried out for an extended period and include several hours of rigorous testing and documentation, prior to the launch of a new drone model.

The above-mentioned factors may challenge the drone navigation system market growth during the forecast period.

This drone navigation system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Drone Navigation System Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Inertial Sense LLC
  • Advanced Navigation Pty Ltd.
  • AeroVironment Inc.
  • Elbit Systems Ltd.
  • Gladiator Technologies Inc.
  • Hexagon AB
  • Inertial Labs
  • Northrop Grumman Corp.
  • Oxford Technical Solutions Ltd.
  • Parker Hannifin Corp.
  • Parrot Drones SAS
  • Sagetech Avionics Inc.
  • SBG Systems SAS
  • SZ DJI Technology Co. Ltd.
  • Trimble Inc.
  • UAV Navigation SL
  • uAvionix Corp.
  • UAVOS Inc.
  • VectorNav Technologies LLC
  • Volocopter GmbH

 

This statistical study of the drone navigation system market encompasses successful business strategies deployed by the key vendors. The drone navigation system market is fragmented and the vendors are deploying growth strategies such as in-house manufacturing capabilities, global footprint network, product offerings, R&D investments, and a strong client base to compete in the market.

Product Insights and News

  • Advanced Navigation Pty Ltd. - The company offers drone navigation systems such as MEMS INS. 
  • AeroVironment Inc. - The company offers drone navigation systems such as T-20, Puma LE, and Puma 3 AE. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The drone navigation system market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Drone Navigation System Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the drone navigation system market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Drone Navigation System Market?

Drone Navigation System Market Market segmentation by region

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35% of the market's growth will originate from APAC during the forecast period. China is the key market for the drone navigation systems in APAC. However, market growth in this region will be slower than the growth of the market in other regions.

Indigenous development of drones will facilitate the drone navigation system market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 had a negative impact on the aerospace and defense industry in the region. However, in 2021, the advent of vaccines and the easing of lockdown measures positively impacted the aerospace and defense industry in the region. This is expected to foster the growth of the drone navigation system market in focus in the region during the forecast period.

What are the Revenue-generating End-user Segments in the Drone Navigation System Market?

Drone Navigation System Market Segmentation

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The drone navigation system market share growth by the military drones segment will be significant during the forecast period. Military drones vary greatly in size and are specifically designed for a particular mission profile. MALE and HALE UAVs feature advanced navigation systems based on technologies such as astronavigation, dead reckoning, and inertial navigation systems (INS). INS is based on the simultaneous processing of inputs from onboard sensors by a powerful onboard computer to calculate the position, orientation, and velocity of a drone. Such features of military drones will drive the drone navigation system market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the drone navigation system market size and actionable market insights on post COVID-19 impact on each segment.

Parent Market Analysis

Technavio categorizes the global drone navigation systems market as a part of the global aerospace and defense market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the drone navigation system market during the forecast period.

Drone Navigation System Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 27.48%

Market growth 2022-2026

$ 8.48 billion

Market structure

Fragmented

YoY growth (%)

23.45

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 35%

Key consumer countries

US, China, France, Germany, and Russia

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Inertial Sense LLC, Advanced Navigation Pty Ltd., AeroVironment Inc., Elbit Systems Ltd., Gladiator Technologies Inc., Hexagon AB, Inertial Labs, Northrop Grumman Corp., Oxford Technical Solutions Ltd., Parker Hannifin Corp., Parrot Drones SAS, Sagetech Avionics Inc., SBG Systems SAS, SZ DJI Technology Co. Ltd., Trimble Inc., UAV Navigation SL, uAvionix Corp., UAVOS Inc., VectorNav Technologies LLC, and Volocopter GmbH

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Drone Navigation System Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive drone navigation system market growth during the next five years
  • Precise estimation of the drone navigation system market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the drone navigation system industry across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of drone navigation system market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 26: Chart on Comparison by End-user
      • Exhibit 27: Data Table on Comparison by End-user
    • 5.3 Military drones - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Military drones - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Military drones - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Military drones - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Military drones - Year-over-year growth 2021-2026 (%)
    • 5.4 Consumer and civil drones - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Consumer and civil drones - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Consumer and civil drones - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Consumer and civil drones - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Consumer and civil drones - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by End-user
      • Exhibit 36: Market opportunity by End-user ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 France - Market size and forecast 2021-2026
      • Exhibit 70: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 Russia - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Russia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Russia - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Russia - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Advanced Navigation Pty Ltd.
              • Exhibit 89: Advanced Navigation Pty Ltd. - Overview
              • Exhibit 90: Advanced Navigation Pty Ltd. - Product / Service
              • Exhibit 91: Advanced Navigation Pty Ltd. - Key offerings
            • 10.4 AeroVironment Inc.
              • Exhibit 92: AeroVironment Inc. - Overview
              • Exhibit 93: AeroVironment Inc. - Business segments
              • Exhibit 94: AeroVironment Inc. - Key news
              • Exhibit 95: AeroVironment Inc. - Key offerings
              • Exhibit 96: AeroVironment Inc. - Segment focus
            • 10.5 Hexagon AB
              • Exhibit 97: Hexagon AB - Overview
              • Exhibit 98: Hexagon AB - Business segments
              • Exhibit 99: Hexagon AB - Key news
              • Exhibit 100: Hexagon AB - Key offerings
              • Exhibit 101: Hexagon AB - Segment focus
            • 10.6 Inertial Labs
              • Exhibit 102: Inertial Labs - Overview
              • Exhibit 103: Inertial Labs - Product / Service
              • Exhibit 104: Inertial Labs - Key offerings
            • 10.7 Inertial Sense LLC
              • Exhibit 105: Inertial Sense LLC - Overview
              • Exhibit 106: Inertial Sense LLC - Product / Service
              • Exhibit 107: Inertial Sense LLC - Key offerings
            • 10.8 Northrop Grumman Corp.
              • Exhibit 108: Northrop Grumman Corp. - Overview
              • Exhibit 109: Northrop Grumman Corp. - Business segments
              • Exhibit 110: Northrop Grumman Corp. - Key news
              • Exhibit 111: Northrop Grumman Corp. - Key offerings
              • Exhibit 112: Northrop Grumman Corp. - Segment focus
            • 10.9 Parker Hannifin Corp.
              • Exhibit 113: Parker Hannifin Corp. - Overview
              • Exhibit 114: Parker Hannifin Corp. - Business segments
              • Exhibit 115: Parker Hannifin Corp. - Key news
              • Exhibit 116: Parker Hannifin Corp. - Key offerings
              • Exhibit 117: Parker Hannifin Corp. - Segment focus
            • 10.10 SBG Systems SAS
              • Exhibit 118: SBG Systems SAS - Overview
              • Exhibit 119: SBG Systems SAS - Product / Service
              • Exhibit 120: SBG Systems SAS - Key news
              • Exhibit 121: SBG Systems SAS - Key offerings
            • 10.11 SZ DJI Technology Co. Ltd.
              • Exhibit 122: SZ DJI Technology Co. Ltd. - Overview
              • Exhibit 123: SZ DJI Technology Co. Ltd. - Product / Service
              • Exhibit 124: SZ DJI Technology Co. Ltd. - Key offerings
            • 10.12 UAV Navigation SL
              • Exhibit 125: UAV Navigation SL - Overview
              • Exhibit 126: UAV Navigation SL - Product / Service
              • Exhibit 127: UAV Navigation SL - Key news
              • Exhibit 128: UAV Navigation SL - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 129: Inclusions checklist
                • Exhibit 130: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 131: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 132: Research methodology
                • Exhibit 133: Validation techniques employed for market sizing
                • Exhibit 134: Information sources
              • 11.5 List of abbreviations
                • Exhibit 135: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Drone Navigation System Market market growth will increase by $8.48 bn during 2022-2026.
              The drone navigation system market market is expected to grow at a CAGR of 27.48% during 2022-2026.
              Technavio has segmented the drone navigation system market market by end-user (Military drones and Consumer and civil drones) and geography (APAC, North America, Europe, Middle East and Africa, and South America).
              Inertial Sense LLC, Advanced Navigation Pty Ltd., AeroVironment Inc., Elbit Systems Ltd., Gladiator Technologies Inc., Hexagon AB, Inertial Labs, Northrop Grumman Corp., Oxford Technical Solutions Ltd., Parker Hannifin Corp., Parrot Drones SAS, Sagetech Avionics Inc., SBG Systems SAS, SZ DJI Technology Co. Ltd., Trimble Inc., UAV Navigation SL, uAvionix Corp., UAVOS Inc., VectorNav Technologies LLC, Volocopter GmbH are a few of the key vendors in the drone navigation system market market.
              APAC will register the highest growth rate of 35% among the other regions. Therefore, the drone navigation system market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the drone navigation system market market growth are:
              • Advancements in electronic warfare technologies
              • Advent of network-centric warfare (NCW)
              The drone navigation system market market vendors should focus on grabbing business opportunities from the military drones segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Five-force market analysis

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