Odometry market seen hitting $33.56 billion by 2030
The global odometry market reached $22.74 billion in 2025 and is projected to climb to $33.56 billion by 2030, according to The Business Research Company. Growth is being driven by robotics, automation, autonomous vehicles and real-time navigation needs across manufacturing and logistics.
Why it matters: - Odometry is becoming a core technology for navigation, localization and motion tracking in robotics, autonomous vehicles and industrial automation. - The market’s growth reflects rising demand for systems that can estimate position and movement in real time across complex environments.
What happened: - The Business Research Company released its Odometry Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035. - The report says the odometry market reached $22.74 billion in 2025. - The market is projected to rise to $24.54 billion in 2026. - The report forecasts the market will reach $33.56 billion by 2030. - The report was issued Oct. 6, 2026, from London.
The details: - The market is expected to grow at a compound annual growth rate of 7.9% from 2025 to 2026. - The report projects 8.1% CAGR growth through 2030. - Growth to 2026 is linked to robotics and automation systems, industrial sensors and encoders, navigation systems in mobile robots, driver-assistance technologies, and warehouse automation and logistics monitoring. - Growth through 2030 is expected to be driven by autonomous vehicles and drones, AI-powered localization systems, real-time mapping and navigation, smart manufacturing and Industry 4.0, and edge computing in motion tracking. - Key trends cited in the report include sensor-fusion odometry, visual-inertial odometry, SLAM-enabled localization, high-precision IMUs and encoders, and edge AI algorithms for motion estimation. - Odometry estimates position and movement by measuring sensor changes over time, including wheel rotations, inertial measurement units and optical signals. - The technology combines sensor inputs to track displacement, velocity and orientation. - The report says odometry is crucial for systems that need precise navigation and spatial awareness. - A free sample of the report is available through the company's sample request page. - The full report is available through the company's report page.
Between the lines: - Autonomous vehicles appear to be one of the strongest demand drivers because odometry supports continuous tracking of position, speed and direction without human input. - The report ties market expansion to broader shifts in automation, including warehouse systems, smart manufacturing and AI-enabled navigation. - North America held the largest market share in 2025, while Asia-Pacific is expected to grow fastest during the forecast period. - The report also covers South East Asia, Western Europe, Eastern Europe, South America, the Middle East and Africa. - The National Highway Traffic Safety Administration said in December 2024 that about 4.5 million self-driving vehicles are expected to be on U.S. roads by 2030.
What's next: - Market growth is expected to continue as autonomous vehicles, drones and AI-driven localization systems scale up. - The Business Research Company said its 2026 reports include market attractiveness scoring, TAM analysis, company scoring matrices, dashboards, hotspot infographics and updated graphics. - The company also provided contact details for its sales and media team and linked its LinkedIn page and other social channels.
Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.
Sign up for:
Europe Transportation Industry Today
The daily local news briefing you can trust. Every day. Subscribe now.
Check Your Email!
We sent a one-time activation link to: .
Confirm it's you by clicking the email link.
If the email is not in your inbox, check spam or try again.
Welcome back!
is already signed up. Check your inbox for updates.