Vision Positioning System Market 2018 Global Analysis, Sales Revenue, Regional Trends, Competitive Landscape, Growth Factors and Industry Expansion Strategies 2023
Market Research Future published a research report on “Global Vision Positioning System Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Pune, India – January 9, 2019 /MarketersMedia/ —
Global Vision Positioning System Market – Synopsis
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.
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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.
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
Segments:
The global Vision Positioning System market has been segmented on the basis of component, solution, location, platform, type, end-user and region.
Vision Positioning System Market by Component:
• Sensors
• Camera Systems
• Markers
• Others
Vision Positioning System Market by Solution:
• Tracking Solutions
• Navigation Solutions
• Analytics Solutions
• Industrial Solutions
• Others
Vision Positioning System Market by Location:
• Indoor Positioning System
• Outdoor Positioning System
• Others
Vision Positioning System Market by Platform:
• Unmanned Aerial Vehicle – Drones
• Automated Guided Vehicles
• Robotics
• Space Vehicles
• Others
Vision Positioning System Market by Type:
• 1 D
• 2 D
• 3 D
Vision Positioning System Market by End-User:
• BFSI
• Automotive
• Healthcare
• Government & Defense
• Industrial
• Commercial
• Others
Vision Positioning System Market by Region:
• North America
• Europe
• Asia Pacific (APAC)
• Rest of the World (ROW)
Regional Analysis:
The regional analysis of Vision Positioning System market is being studied for region such as Asia pacific, North Americas, Europe and Rest of the World. Growing demand of innovative technology is driving the Vision Positioning System in North America and has become the leading in countries in the world as the highest usage in small drones, automated guided vehicles, and robotics for commercial and civil applications. The study reveals that Europe region is also showing a positive growth in the Vision Positioning System market during in present days and will reach to the highest point in forecast periods. Asia-Pacific countries like China, Japan and India have a fair share in the Vision Positioning System market due to the commercial segment is projected to grow at the highest CAGR during the forecast period.
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Intended Audience
• System Security
• Software investors
• Defense and Government
• Police Departments
• BFSI
• Private Companies
• Component Suppliers
• Investors and Venture Capitalist
• Police Departments
• Vision Positioning System Service Provider
• Vision Positioning System Agencies
• Technology Integrators
• Research/Consultancy firms
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: Abhishek Sawant
Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Source: MarketersMedia
Release ID: 467727
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