Vision Positioning System Market
Vision Positioning System, a method of positioning of a system help to identify the current position of various instruments, using optical sensors, ultrasonic and image data. These systems provide volumes of information about the localization of an object using vision information, extraction of visual features for positioning and the environment.
These systems are increasingly used in industrial automation and indoor navigation to handle various operations. Augmented uptake of Vision Positioning System is predominantly driving the market growth. Over the past few years, CMIOS image sensors have evolved greatly, resultantly contributing the market growth and escalating the market on the global platform.
Accrediting the impressive growth records the global VPS Market holds, demonstrating potentiality of the further growth, Market Research Future (MRFR) recently published a brilliant study report giving out the complete market forecast till 2023. In its analysis, MRFR asserts that the global Vision Positioning System market will escalate to USD ~13.32 Billion, by 2023, registering a striking ~10.87 % of CAGR, during the forecast period (2017–2023).
Factors such as demand for improved situational awareness, need for terrain mapping, and growing trend of industrial automation foster the market growth of VFS largely. Increasing uptake of UAVs and robotics for military and defense applications coupled with the various commercial applications, such as precision agriculture, inspection, and surveys provide impetus to the market growth significantly.
However, the operation of VPSs demands an extensive training and knowledge, which impedes the market growth.
Global Vision Positioning System Market — Competitive Landscape
The Vision Positioning System market is fiercely competitive owing to the various dynamic and diversified international players existing in the market forming a competitive landscape. Constantly innovating market leaders seek market expansion through various strategic M&A activities and increasing investments in R&D activities strive to develop the portfolio for cost-effective solutions.
Vendors are improving their market performance and acquiring promising companies to expand in the rapidly growing markets. In view of immense revenue generation opportunities of the market new entrants are increasingly getting attracted only to find it further challenging to survive with the new technologies.
Industry/ Innovation/ Related News
April 09, 2018 — Dà-Jiāng Innovations (DJI — China) a leading global technology company launched new filmmaking tools including DJI Master Wheels and DJI Force Pro that offer Professional Gimbal Control Solutions for filmmakers. Introduced at NAB 2018, these tools are built to deliver precise gimbal movements offering to the filmmakers with reliable tools that help capture complex shots with ease while adding a cinematic quality to any scene. Master Wheels consists of the latest sensor positioning technology, dual-band low-latency, and wireless transmission technology that ensures a stable and reliable connection.
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.
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The market stands to gain USD 13.32 Billion while progressing at a 10.87% CAGR by 2023.
Competitive Analysis The outstanding companies in the vision positioning system market are Senion AB (Europe), Cognex Corporation (U.S.), Sick AG (Germany), ABB (Switzerland), Parrot SA (France), Omron Corporation (Japan), Pepperl+Fuchs GmbH (Europe), Seegrid Corporation (U.S) among others.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/3204 Segmental Analysis Based on the component, the vision positioning system market has been segmented into camera systems, sensors, markers, and others.On the basis of the solution, the vision positioning system market is segmented into industrial solutions, navigation solutions, analytics solutions, tracking solutions, and others.On the basis of location, the vision positioning system market is segmented into outdoor positioning system, indoor positioning system, and others.On the basis of platform, the vision positioning system market is segmented into space vehicles, robotics, automated guided vehicles, unmanned aerial vehicle – drones, and others.On the basis of type, the vision positioning system market comprises of 2 D, 1 D and 3 D.On the basis of end-user, the vision positioning system market is segmented into automotive, government & defense, BFSI, industrial, healthcare, commercial and others.On the basis of regions, the vision positioning system market is segmented into Europe, Asia Pacific (APAC), North America, and the rest of the global regions.
Vision Positioning System Market@ Vision Positioning System Market Is Set for a Rapid Growth and Expected to Reach USD 13.32 Billion by 2023 with Top Companies: Senion AB, Cognex Corporation, Sick AG, ABB Detailed Regional Analysis The regional investigation of the vision positioning system market encompasses regions such as Europe, Asia Pacific (APAC), North America, and the and the rest of the global regions.The budding demand of pioneering technology is motivating the vision positioning system in the North American region.
It has become the most important in nations in the world as the uppermost usage in automated guided vehicles, small drones, and robotics for commercial & civil applications.
The latest trending report Global Vision Positioning System Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Vision Positioning System market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 5.8% in the forecast period of 2020 to 2025 and will expected to reach USD 4220.1 million by 2025, from USD 3364.8 million in 2019.The Vision Positioning System market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/46632-vision-positioning-system-industry-analysis-reportThe major players covered in Vision Positioning System are: DJI Fanuc Sick Parrot Pepperl+Fuchs ABB Senion Omron Cognex Infsoft Adtech (Shenzhen) Technology LocataBy Type, Vision Positioning System market has been segmented into Tracking Navigation Analytics Industrial Solutions OthersBy Application, Vision Positioning System has been segmented into: Commercial DefenseThe report offers in-depth assessment of the growth and other aspects of the Vision Positioning System market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, etc.
) Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Vision Positioning System Market @ https://www.decisiondatabases.com/contact/download-sample-46632The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Vision Positioning System product scope, , market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Vision Positioning System, with price, sales, revenue and global market share of Vision Positioning System in 2018 and 2019.Chapter 3, the Vision Positioning System competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Vision Positioning System breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Vision Positioning System market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Vision Positioning System sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Vision Positioning System Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-46632Other Reports by DecisionDatabases.com:Global Aircraft Positioning Systems Market by Manufacturers, Countries, Type and Application, Forecast to 2023Global Marine Dynamic Positioning System Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023Global Indoor Location by Positioning Systems (Indoor LBS) Market 2019 by Company, Regions, Type and Application, Forecast to 2024About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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