Market Highlights

The study reveals that Vision Positioning System is trending in North America region. The Vision Positioning System market is driven by the innovation in vision positioning technology and also the advancements in commercial services to the make the technology more advanced and cost effective. A recent trend to track the location on a live map is smart technologies boosting the Vision Positioning System market.

The Vision Positioning System Market Research stands to gain USD 13.32 Billion while progressing at a 10.87% CAGR by 2023.

The study signifies that the increasing usage of smart robotics and unmanned aerial vehicles has led to the growth of the market in commercial and defense applications globally and will act as a key driver for Vision Positioning System Market. The adoption industrial solutions is the largest solution segment for vision positioning systems due to the rapid growth in industrial automation

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Vision Positioning System Market Research Report -Forecast to 2023”.

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Global Vision Positioning System Market   - Segmentations

For the convenience of the report and enhanced understanding; MRFR has segmented the analysis into 7 key dynamics

  • By Components: Comprises Sensors, Camera, and Embedded System among others.
  • By Solutions: Navigation Solutions, Tracking Solutions, Analytics Solutions, and Industrial Solutions among others.
  • By Locations: Indoor Positioning System, and Outdoor Positioning System among others.
  • By Platforms: Unmanned Aerial Vehicle (UAVs – Drones), Automated Guided Vehicles (AGV), Robotics, and Space Vehicles among others.
  • By End Users: Healthcare, Automotive, Industrial, BFSI, Commercial, Government & Defense, among others.
  • By Technologies: Includes 1, 2 & 3D among others.
  • By Regions: North America, Europe, APAC and Rest of the World.

Key Players:

The prominent players in the Vision Positioning System Market are – DJI (China), Omron Corporation (Japan), Cognex Corporation (U.S.), Sick AG (Germany), ABB (Switzerland), Parrot SA (France), Pepperl+Fuchs GmbH (Europe), Senion AB (Europe), Seegrid Corporation (U.S) among others

Market Research Analysis:

On geographic basis, Vision Positioning System market is studied in different regions as North Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading in the Vision Positioning System market and is expected to grow with a high rate as well as hold the largest market share in the Vision Positioning System market, there has been a major focus into the commercials based low cost applications. Vision Positioning System market has the largest market size in the government and defense sector as well due to safety and security purposes. The study shows that Europe region is also showing a positive curve in growth graph in the Vision Positioning System market. The technological advancements in Vision Positioning system is widely used in aircraft and flight.  The developing economies in Asia-pacific regions like China, Japan, India and others are showing high adoption in the Vision Positioning System market.

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