Autonomous systems are a combination of hardware and software which act independently without human intervention. The software systems can perceive, learn, as well as act with self-awareness and enable the hardware to respond according to the changes in the surrounding environment. Autonomous technology is used in various platforms, such as self-driving cars, UAVs, mobile autonomous robots, underwater vehicles, surface vehicles, and many more.
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.
Autonomous systems are being implemented in urban as well as domestic environments, such as smart robots for manufacturing facilities, warehouse logistics, cargo ships, smart grids, and interconnected homes. Robots such as autonomous mobile robots have already been deployed for various applications such as warehouse and logistics, security and defense, mining, and many more The other autonomous platforms such as unmanned aerial vehicles (UAVs), unmanned underwater vehicles (UUVs), and underwater surface vehicles (USVs) are also being used in applications such as defense, surveillance and inspection, agriculture, mining, and others.
The demand for autonomous systems has increased in recent years as there are continuous advancements and adoption of digital technologies, government initiatives for autonomous technologies, and rising applications such as mobility, agriculture, surveillance and inspection, defense, and others. Moreover, there are increasing opportunities for autonomous systems, such as the rising adoption of autonomous platforms in various industries, investments by various investors in autonomous systems, and others.
The future of autonomous systems: focus on autonomous navigation software market is expected to generate huge revenues from the mobility application segment, followed by surveillance and inspection. The rise is largely contributed by rapid growth in demand for autonomous systems for ride-hailing services and logistics services and government initiatives to deploy autonomous vehicles in public areas.
North America driven by rising adoption of autonomous mobile robots in the U.K., France, Germany, and Russia for applications such as warehousing and logistics. Increased spending by manufacturing companies and key government agencies for different platforms is expected to drive huge growth in the future of autonomous systems: focus on autonomous navigation software market during the forecast period.
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.
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Competitive Landscape
The competitive landscape of the future of autonomous systems: focus on autonomous navigation software market consists of several organic and inorganic strategies followed by the key players to increase their market share. The strategies include product innovations, contracts, partnerships, acquisitions, and business expansions, among others.
Some of the key players in the future of autonomous systems: focus on autonomous navigation software market are Tesla, Cruse LLC, Bluebotics, Waymo, Momenta, UAVnavigation, Inertial Sense, Ruvu, Brain Corporation, Intel, Nvidia, and others. These companies are aiming for a wide range of partnerships, collaborations, agreements, and contracts to expand their operations and increase their market presence globally to generate revenues and attract new customers.
