“Maximize Market Research Pvt Ltd’s Insightful Report on the Vision Positioning Market”
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.
Vision Positioning Market Report Scope and Research Methodology
Maximize Market Research Pvt Ltd brings forth a comprehensive analysis in its latest report, shedding light on the Vision Positioning Market’s current dynamics, including the profound impact of the COVID-19 lockdown on market leaders, followers, and disruptors. The report delves into the regional nuances and segment-specific repercussions, offering decision-makers valuable insights for strategic planning.
To craft this insightful report, Maximize Market Research Pvt Ltd employed a rigorous research methodology. Decision-makers can delve into the details by requesting a free sample report.
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Vision Positioning Market Drivers
The exponential growth of the global vision positioning system market is primarily propelled by the surging demand for industrial automation. The deployment of robots, computers, and cutting-edge information technologies for quality control and automated manufacturing is steering this growth. Industrial automation’s advantages, including high production speed and the ability to replace human labor in extreme conditions, have led to an increased adoption of automated devices like vision sensors, smart cameras, PC vision systems, optimal lenses, lighting systems, and high-speed CCD cameras in vision positioning systems.
Vision Positioning Market Regional Insights
North America emerges as the powerhouse in the vision positioning system market, commanding a revenue share of nearly 34% in 2022 and poised to maintain its dominance in the foreseeable future. The U.S., a major contributor to the region’s revenue, stands out due to its high adoption of UAVs, AGVs, industrial robots, and space vehicles. The Asia Pacific and the Middle East and Africa (MEA) are anticipated to witness substantial market growth, with Chinese drone manufacturer DJI leading the charge. DJI’s product “Guidance” is a visual sensing system with ultrasonic sensors, integrated visual cameras, and advanced computer vision algorithms, catering to diverse applications.
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Vision Positioning Market Segmentation :
In the realm of vision positioning systems, cameras emerge as the dominant segment, capturing just over 65% of the market share in 2022. Companies such as Sick AG, Omron Corporation, and Menzel Vision and Robotics are at the forefront, offering 2D vision and smart cameras integrated with optic sensors. Photometric cameras using Charge-Coupled Device (CCD) arrays are the preferred choice, driving innovation and market dominance.
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
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Key questions answered in the Vision Positioning Market are:
- What is the expected Vision Positioning market size by the end of the forecast period?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Vision Positioning Market?
- Which factors are creating lucrative opportunities for the Vision Positioning market growth?
- How is the intervention from regulatory authority shaping the Vision Positioning Market?
- What growth strategies are the players considering to increase their presence in Vision Positioning Market?
- What is the Vision Positioning market size of the dominating region?
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment | 2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments with their sub-segments and region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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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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