According to The Insight Partners, latest market study on “Autonomous Navigation Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Solution (Sensing System, Navigation System, Processing Unit, and Software), Application (Commercial and Defense), Vehicle Type (AGVs, Mobile Robots, UUVs, Drones, and Others), and Platform (Land, Marine, and Space),” the market was valued at US$ 427.8 million in 2019 and is projected to reach US$ 796.0 million by 2027; it is expected to grow at a CAGR of 10.1% from 2020 to 2027.