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. Read More

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. Read More

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. Read More

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). Read More

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. Read More

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. Read More

UAV Navigation Systems Market Share

Statistics for the 2023 & 2024 UAV Navigation Systems market share, created by Mordor Intelligence™ Industry Reports. UAV Navigation Systems share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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.