Maximizing Potential: A Strategic Overview of the Vision Positioning Market by Maximize Market Research Pvt Ltd
The Vision Positioning Market was valued at US$ 7.90 Bn in 2022 and is expected to reach US$ 15.62 Bn by 2029 at a CAGR of 10.24 % during the forecast period.
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Global Vision Positioning Market report Scope and Research Methodology:
The comprehensive report provides an in-depth analysis of the impact of the COVID-19 lockdown on market leaders, followers, and disruptors. The varied implementation of lockdown measures across regions and countries has resulted in distinct impacts, and the report details the short-term and long-term effects on the market. Decision-makers can leverage this information to formulate strategic outlines for companies by region.
Vision Positioning Market Report Dynamics:
The key driver propelling the growth of the global vision positioning system market is the surging demand for industrial automation. Industrial automation, facilitated by robots, computers, and information technologies, ensures quality control and automated manufacturing. The report highlights the role of controllers, such as stand-alone I/O modules and PLCs, in industrial processes. The advantages of industrial automation, including enhanced production speed and the ability to replace hard work, contribute to the growing adoption of automated devices in vision positioning systems.
Vision Positioning Market Regional Analysis:
North America Dominates: In 2022, the North American region emerged as the leader in the vision positioning system market, capturing a revenue share of nearly 34%. This dominance is expected to continue, with the U.S. accounting for a significant revenue share due to the high adoption of UAVs, AGVs, industrial robots, and space vehicles. Major companies providing these solutions are based in North America.
Asia Pacific and MEA Show Promise: The Asia Pacific and the Middle East and Africa (MEA) regions are anticipated to foster market growth. Chinese drone manufacturer DJI plays a pivotal role, with its high-precision positioning devices, including the “Guidance” product. The Asia Pacific, particularly the Chinese drones market, is attracting significant foreign investments, leading to a growing demand for positioning devices from manufacturers like Yuneec International and Hover Camera.
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Vision Positioning Market segment :
Cameras Lead the Market: Cameras emerged as the dominant segment, commanding a revenue share of just over 65% in 2022. They play a crucial role in positioning systems by capturing images and tracking the position of automated devices. Key companies manufacturing positioning cameras include Sick AG, Omron Corporation, and Menzel Vision and Robotics.
by Component
Sensors
Camera
Markers
Others
by Industry
Vertical Automotive
Aerospace & Defense
Electrical & Electronics
Others
Vision Positioning Market Key players:
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
Key Questions answered in the Vision Positioning Market Report are:
- Which region holds the largest share of the Vision Positioning market?
- What is the expected CAGR of the Vision Positioning market during the forecast period?
- Which regional Vision Positioning market is expected to grow at a high CAGR during the forecast period?
- Which segment emerged as the leading segment in the Vision Positioning market?
- What key trends are expected to emerge in the Vision Positioning market in the coming years?
- What is the expected Vision Positioning market size by 2029?
- What was the global Vision Positioning market size in 2022?
- Which company held the largest share in the Vision Positioning market?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments with their sub-segments and region
- Competitive Landscape – Top Key Players and Other Prominent Players
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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