Vision Positioning Market was valued at US$ 8.70 Bn in 2023 and is expected to reach US$ 17.23 Bn by 2030 at a CAGR of 10.24 % during the forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology:-Request Free Sample ReportVision Positioning System Market Dynamics:
The key factor driving the growth of the global vision positioning system market is the increase in demand for industrial automation. Industrial automation involves the deployment of robots, computers, and other information technologies for ensuring quality control, automation of manufacturing, etc. Furthermore, many controllers are used in industrial processes such as stand-alone I/O modules, PLC (programmable logic controller), etc. There has been increased demand for industrial automation due to its advantages such as high production speed, replacement of hard work, which is capable to perform tasks in extreme temperature and humidity where human beings fail to work. There has been increased adoption of industrial robots in the industrial automation sector. Therefore, the growing industrial automation industry has led to the increased adoption of automated devices such as vision sensors, smart cameras, PC vision systems, optimal lenses, lighting systems, high-speed CCD cameras in the vision positioning system. Therefore, the key market players are using industrial automation devices in their vision positioning systems.Vision Positioning System Segment Analysis:
Cameras emerged as the dominant segment in the market, with a revenue share of just over 65% in 2023. Cameras form an integral part of positioning systems as they capture images of an area or tracks the position of the automated device to feed input data into the system. Major companies manufacturing positioning cameras include Sick AG, Omron Corporation, and Menzel Vision and Robotics. These companies offer 2D vision and smart cameras integrated with optic sensors. The most commonly used cameras are photometric cameras using Charge-Coupled Device (CCD) arrays. Vision Positioning System Regional Insights: The North American region dominated the vision positioning system market with a revenue share of close to 34% in 2023 and is expected to continue its dominance over the forecast period. The U.S. accounts for a major revenue share in the region owing to the high adoption of UAVs, AGVs, industrial robots, and space vehicles. Moreover, some of the major companies engaged in providing these solutions are based in North America. The Asia Pacific and the Middle East and Africa (MEA) are expected to emerge as regions conducive to market growth. DJI, a Chinese drone manufacturer, is one of the largest global developers of high-precision positioning devices. Its product “Guidance” is a visual sensing system with ultrasonic sensors, integrated visual cameras, and an advanced computer vision algorithm. The product comprises a central processor and five sensor modules. It can detect any obstacle in real-time and its high-precision stereo algorithms can provide position-based information over any terrain. For specific requirements, developers can create customized applications for their ultrasonic and visual sensors. With foreign companies investing heavily in the Chinese drones market, manufacturers including Yuneec International and Hover Camera are projected to witness a growing demand for positioning devices in future The objective of the report is to present a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analyzing the market segments by type, service, components, and region and, projects the global market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the vision positioning market.Vision Positioning Market Report Scope: Inquire before buying
Vision Positioning Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 8.70 Bn. Forecast Period 2024 to 2030 CAGR: 10.24% Market Size in 2030: US $ 17.23 Bn. Segments Covered: by Component Sensors Camera Markers Others by Industry Vertical Automotive Aerospace & Defense Electrical & Electronics Others Vision Positioning Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Vision Positioning Market, Key Players are:
1. Parrot SA. 2. Senion 3. LOCATA CORPORATION PTY. LIMITED. 4. Pepperl+Fuchs GmbH 5. DJI 6. OMRON Corporation 7. Infsoft GmbH 8. ADTECH (SHENZHEN) TECHNOLOGY CO., LTD. 9. Seegrid Corporation 10. SICK AG Frequently Asked Questions: 1] What segments are covered in the Vision Positioning Market report? Ans. The segments covered in the Vision Positioning Market report are based on Component, and Industry Vertical. 2] Which region is expected to hold the highest share in the Vision Positioning Market? Ans. The Asia Pacific region is expected to hold the highest share in the Vision Positioning Market. 3] What is the market size of the Vision Positioning Market by 2030? Ans. The market size of the Vision Positioning Market by 2030 is US$ 17.23 Bn. 4] What is the forecast period for the Vision Positioning Market? Ans. The forecast period for the Vision Positioning Market is 2024-2030. 5] What was the market size of the Vision Positioning Market in 2023? Ans. The market size of the Vision Positioning Market in 2023 was US$ 8.70 Bn.
Global Vision Positioning Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Vision Positioning Market, by Market Value (US$ Bn) and Volume(Ton) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Global Vision Positioning Market Industry Trends 4.8.Global Vision Positioning Market Competitive Landscape 5. Supply Side and Demand Side Indicators 6. Global Vision Positioning Market Analysis and Forecast 6.1. Global Vision Positioning Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Vision Positioning Market Analysis and Forecast, by Component 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Vision Positioning Market Value Share Analysis, by Component 7.4. Global Vision Positioning Market Size (US$ Bn) Forecast, by Component 7.5. Global Vision Positioning Market Analysis, by Component 7.6. Global Vision Positioning Market Attractiveness Analysis, by Component 8. Global Vision Positioning Market Analysis and Forecast, by Industry Vertical 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Vision Positioning Market Value Share Analysis, by Industry Vertical 8.4. Global Vision Positioning Market Size (US$ Bn) Forecast, by Industry Vertical 8.5. Global Vision Positioning Market Analysis, by Industry Vertical 8.6. Global Vision Positioning Market Attractiveness Analysis, by Industry Vertical 9. Global Vision Positioning Market Analysis, by Region 9.1. Global Vision Positioning Market Value Share Analysis, by Region 9.2. Global Vision Positioning Market Size (US$ B 9.3. n) Forecast, by Region 9.4. Global Vision Positioning Market Attractiveness Analysis, by Region 10. North America Vision Positioning Market Analysis 10.1. Key Findings 10.2. North America Vision Positioning Market Overview 10.3. North America Vision Positioning Market Value Share Analysis, by Component 10.4. North America Vision Positioning Market Forecast, by Component 10.4.1. Sensors 10.4.2. Camera 10.4.3. Markers 10.4.4. Others 10.5. North America Vision Positioning Market Value Share Analysis, by Industry Vertical 10.6. North America Vision Positioning Market Forecast, by Industry Vertical 10.6.1. Automotive 10.6.2. Aerospace & Defense 10.6.3. Electrical & Electronics 10.6.4. Others 10.7. North America Vision Positioning Market Value Share Analysis, by Country 10.8. North America Vision Positioning Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Vision Positioning Market Analysis, by Country 10.10. U.S. Vision Positioning Market Forecast, by Component 10.10.1. Sensors 10.10.2. Camera 10.10.3. Markers 10.10.4. Others 10.11. U.S. Vision Positioning Market Forecast, by Industry Vertical 10.11.1. Automotive 10.11.2. Aerospace & Defense 10.11.3. Electrical & Electronics 10.11.4. Others 10.12. Canada Vision Positioning Market Forecast, by Component 10.12.1. Sensors 10.12.2. Camera 10.12.3. Markers 10.12.4. Others 10.13. Canada Vision Positioning Market Forecast, by Industry Vertical 10.13.1. Automotive 10.13.2. Aerospace & Defense 10.13.3. Electrical & Electronics 10.13.4. Others 10.14. North America Vision Positioning Market Attractiveness Analysis 10.14.1. By Component 10.14.2. By Industry Vertical 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Vision Positioning Market Analysis 11.1. Key Findings 11.2. Europe Vision Positioning Market Overview 11.3. Europe Vision Positioning Market Value Share Analysis, by Component 11.4. Europe Vision Positioning Market Forecast, by Component 11.4.1. Sensors 11.4.2. Camera 11.4.3. Markers 11.4.4. Others 11.5. Europe Vision Positioning Market Value Share Analysis, by Industry Vertical 11.6. Europe Vision Positioning Market Forecast, by Industry Vertical 11.6.1. Automotive 11.6.2. Aerospace & Defense 11.6.3. Electrical & Electronics 11.6.4. Others 11.7. Europe Vision Positioning Market Value Share Analysis, by Country 11.8. Europe Vision Positioning Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Vision Positioning Market Analysis, by Country 11.10. Germany Vision Positioning Market Forecast, by Component 11.10.1. Sensors 11.10.2. Camera 11.10.3. Markers 11.10.4. Others 11.11. Germany Vision Positioning Market Forecast, by Industry Vertical 11.11.1. Automotive 11.11.2. Aerospace & Defense 11.11.3. Electrical & Electronics 11.11.4. Others 11.12. U.K. Vision Positioning Market Forecast, by Component 11.12.1. Sensors 11.12.2. Camera 11.12.3. Markers 11.12.4. Others 11.13. U.K. Vision Positioning Market Forecast, by Industry Vertical 11.13.1. Automotive 11.13.2. Aerospace & Defense 11.13.3. Electrical & Electronics 11.13.4. Others 11.14. France Vision Positioning Market Forecast, by Component 11.14.1. Sensors 11.14.2. Camera 11.14.3. Markers 11.14.4. Others 11.15. France Vision Positioning Market Forecast, by Industry Vertical 11.15.1. Automotive 11.15.2. Aerospace & Defense 11.15.3. Electrical & Electronics 11.15.4. Others 11.16. Italy Vision Positioning Market Forecast, by Component 11.16.1. Sensors 11.16.2. Camera 11.16.3. Markers 11.16.4. Others 11.17. Italy Vision Positioning Market Forecast, by Industry Vertical 11.17.1. Automotive 11.17.2. Aerospace & Defense 11.17.3. Electrical & Electronics 11.17.4. Others 11.18. Spain Vision Positioning Market Forecast, by Component 11.18.1. Sensors 11.18.2. Camera 11.18.3. Markers 11.18.4. Others 11.19. Spain Vision Positioning Market Forecast, by Industry Vertical 11.19.1. Automotive 11.19.2. Aerospace & Defense 11.19.3. Electrical & Electronics 11.19.4. Others 11.20. Rest of Europe Vision Positioning Market Forecast, by Component 11.20.1. Sensors 11.20.2. Camera 11.20.3. Markers 11.20.4. Others 11.21. Rest of Europe Vision Positioning Market Forecast, by Industry Vertical 11.21.1. Automotive 11.21.2. Aerospace & Defense 11.21.3. Electrical & Electronics 11.21.4. Others 11.22. Europe Vision Positioning Market Attractiveness Analysis 11.22.1. By Component 11.22.2. By Industry Vertical 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Development 12. Asia Pacific Vision Positioning Market Analysis 12.1. Key Findings 12.2. Asia Pacific Vision Positioning Market Overview 12.3. Asia Pacific Vision Positioning Market Value Share Analysis, by Component 12.4. Asia Pacific Vision Positioning Market Forecast, by Component 12.4.1. Sensors 12.4.2. Camera 12.4.3. Markers 12.4.4. Others 12.5. Asia Pacific Vision Positioning Market Value Share Analysis, by Industry Vertical 12.6. Asia Pacific Vision Positioning Market Forecast, by Industry Vertical 12.6.1. Automotive 12.6.2. Aerospace & Defense 12.6.3. Electrical & Electronics 12.6.4. Others 12.7. Asia Pacific Vision Positioning Market Value Share Analysis, by Country 12.8. Asia Pacific Vision Positioning Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Vision Positioning Market Analysis, by Country 12.10. China Vision Positioning Market Forecast, by Component 12.10.1. Sensors 12.10.2. Camera 12.10.3. Markers 12.10.4. Others 12.11. China Vision Positioning Market Forecast, by Industry Vertical 12.11.1. Automotive 12.11.2. Aerospace & Defense 12.11.3. Electrical & Electronics 12.11.4. Others 12.12. India Vision Positioning Market Forecast, by Component 12.12.1. Sensors 12.12.2. Camera 12.12.3. Markers 12.12.4. Others 12.13. India Vision Positioning Market Forecast, by Industry Vertical 12.13.1. Automotive 12.13.2. Aerospace & Defense 12.13.3. Electrical & Electronics 12.13.4. Others 12.14. Japan Vision Positioning Market Forecast, by Component 12.14.1. Sensors 12.14.2. Camera 12.14.3. Markers 12.14.4. Others 12.15. Japan Vision Positioning Market Forecast, by Industry Vertical 12.15.1. Automotive 12.15.2. Aerospace & Defense 12.15.3. Electrical & Electronics 12.15.4. Others 12.16. ASEAN Vision Positioning Market Forecast, by Component 12.16.1. Sensors 12.16.2. Camera 12.16.3. Markers 12.16.4. Others 12.17. ASEAN Vision Positioning Market Forecast, by Industry Vertical 12.17.1. Automotive 12.17.2. Aerospace & Defense 12.17.3. Electrical & Electronics 12.17.4. Others 12.18. Rest of Asia Pacific Vision Positioning Market Forecast, by Component 12.18.1. Sensors 12.18.2. Camera 12.18.3. Markers 12.18.4. Others 12.19. Rest of Asia Pacific Vision Positioning Market Forecast, by Industry Vertical 12.19.1. Automotive 12.19.2. Aerospace & Defense 12.19.3. Electrical & Electronics 12.19.4. Others 12.20. Asia Pacific Vision Positioning Market Attractiveness Analysis 12.20.1. By Component 12.20.2. By Industry Vertical 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Development 13. Middle East & Africa Vision Positioning Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Vision Positioning Market Overview 13.3. Middle East & Africa Vision Positioning Market Value Share Analysis, by Component 13.4. Middle East & Africa Vision Positioning Market Forecast, by Component 13.4.1. Sensors 13.4.2. Camera 13.4.3. Markers 13.4.4. Others 13.5. Middle East & Africa Vision Positioning Market Value Share Analysis, by Industry Vertical 13.6. Middle East & Africa Vision Positioning Market Forecast, by Industry Vertical 13.6.1. Automotive 13.6.2. Aerospace & Defense 13.6.3. Electrical & Electronics 13.6.4. Others 13.7. Middle East & Africa Vision Positioning Market Value Share Analysis, by Country 13.8. Middle East & Africa Vision Positioning Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Vision Positioning Market Analysis, by Country 13.10. GCC Vision Positioning Market Forecast, by Component 13.10.1. Sensors 13.10.2. Camera 13.10.3. Markers 13.10.4. Others 13.11. GCC Vision Positioning Market Forecast, by Industry Vertical 13.11.1. Automotive 13.11.2. Aerospace & Defense 13.11.3. Electrical & Electronics 13.11.4. Others 13.12. South Africa Vision Positioning Market Forecast, by Component 13.12.1. Sensors 13.12.2. Camera 13.12.3. Markers 13.12.4. Others 13.13. South Africa Vision Positioning Market Forecast, by Industry Vertical 13.13.1. Automotive 13.13.2. Aerospace & Defense 13.13.3. Electrical & Electronics 13.13.4. Others 13.14. Rest of Middle East & Africa Vision Positioning Market Forecast, by Component 13.14.1. Sensors 13.14.2. Camera 13.14.3. Markers 13.14.4. Others 13.15. Rest of Middle East & Africa Vision Positioning Market Forecast, by Industry Vertical 13.15.1. Automotive 13.15.2. Aerospace & Defense 13.15.3. Electrical & Electronics 13.15.4. Others 13.16. Middle East & Africa Vision Positioning Market Attractiveness Analysis 13.16.1. By Component 13.16.2. By Industry Vertical 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Development 14. South America Vision Positioning Market Analysis 14.1. Key Findings 14.2. South America Vision Positioning Market Overview 14.3. South America Vision Positioning Market Value Share Analysis, by Component 14.4. South America Vision Positioning Market Forecast, by Component 14.4.1. Sensors 14.4.2. Camera 14.4.3. Markers 14.4.4. Others 14.5. South America Vision Positioning Market Value Share Analysis, by Industry Vertical 14.6. South America Vision Positioning Market Forecast, by Industry Vertical 14.6.1. Automotive 14.6.2. Aerospace & Defense 14.6.3. Electrical & Electronics 14.6.4. Others 14.7. South America Vision Positioning Market Value Share Analysis, by Country 14.8. South America Vision Positioning Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Vision Positioning Market Analysis, by Country 14.10. Brazil Vision Positioning Market Forecast, by Component 14.10.1. Sensors 14.10.2. Camera 14.10.3. Markers 14.10.4. Others 14.11. Brazil Vision Positioning Market Forecast, by Industry Vertical 14.11.1. Automotive 14.11.2. Aerospace & Defense 14.11.3. Electrical & Electronics 14.11.4. Others 14.12. Mexico Vision Positioning Market Forecast, by Component 14.12.1. Sensors 14.12.2. Camera 14.12.3. Markers 14.12.4. Others 14.13. Mexico Vision Positioning Market Forecast, by Industry Vertical 14.13.1. Automotive 14.13.2. Aerospace & Defense 14.13.3. Electrical & Electronics 14.13.4. Others 14.14. Rest of South America Vision Positioning Market Forecast, by Component 14.14.1. Sensors 14.14.2. Camera 14.14.3. Markers 14.14.4. Others 14.15. Rest of South America Vision Positioning Market Forecast, by Industry Vertical 14.15.1. Automotive 14.15.2. Aerospace & Defense 14.15.3. Electrical & Electronics 14.15.4. Others 14.16. South America Vision Positioning Market Attractiveness Analysis 14.16.1. By Component 14.16.2. By Industry Vertical 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Parrot SA. 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. Senion 15.3.3. LOCATA CORPORATION PTY. LIMITED. 15.3.4. Pepperl+Fuchs GmbH 15.3.5. DJI 15.3.6. OMRON Corporation 15.3.7. infsoft GmbH 15.3.8. ADTECH (SHENZHEN) TECHNOLOGY CO., LTD. 15.3.9. Seegrid Corporation 15.3.10. SICK AG 16. Primary Key Insights