Dead Reckoning Navigation Systems Market
The market for Dead Reckoning Navigation Systems was estimated at $2.5 billion in 2024; it is anticipated to increase to $4.0 billion by 2030, with projections indicating growth to around $5.9 billion by 2035.
Global Dead Reckoning Navigation Systems Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Dead Reckoning Navigation Systems industry revenue is expected to be around $2.7 billion in 2025 and expected to showcase growth with 8.2% CAGR between 2025 and 2034.
The essence of Dead Reckoning Navigations core lies in its capacity to determine ones location based on a previously established position while accurately tracking a course over time and incorporating advanced computational technologies within itself. In times there has been significant progress in the adaptation of this system into various smart gadgets like smartphones and tablets as well as unmanned aerial vehicles (drones) automated systems and even autonomous vehicles like self driving cars. Marking a growing trend, towards the usage of offline navigation features.
Market Key Insights
- The Dead Reckoning Navigation Systems market is projected to grow from $2.5 billion in 2024 to $5.5 billion in 2034. This represents a CAGR of 8.2%, reflecting rising demand across Maritime Navigation, Autonomous Vehicles and Outdoor Adventure Gear.
- Hemisphere GNSS, NovAtel Inc., Furuno Electric Co. Ltd. are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Dead Reckoning Navigation Systems market and are expected to observe the growth CAGR of 6.0% to 8.6% between 2024 and 2030.
- Emerging markets including Indonesia, Turkey and Brazil are expected to observe highest growth with CAGR ranging between 7.9% to 10.3%.
- Transition like Shift Towards Autonomous Vehicles is expected to add $124 million to the Dead Reckoning Navigation Systems market growth by 2030.
- The Dead Reckoning Navigation Systems market is set to add $3.0 billion between 2024 and 2034, with industry players targeting 3D Dead Reckoning & undefined Technology Type projected to gain a larger market share.
- With Increasing demand in automotive industry, and Expansion of iot integrations, Dead Reckoning Navigation Systems market to expand 120% between 2024 and 2034.