Press release
Vision Positioning System Market to see Stunning Growth with Key Players: ABB, Pepperl+Fuchs, Cognex Corporation, FANUC CORPORATION, Scape Technologies Ltd
Data Bridge Market Research Upcoming Report, titled, "Vision Positioning System Markets" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. Global Vision Positioning System market report provides an overall analysis of the market share, size, segmentation, revenue forecast and geographic regions of the market along with the industry. Leading players in the report are studied with respect to their company profile, product and capacity, price, cost and revenue. The Vision Positioning System research report also provides detail analysis on the current applications and comparative analysis with more focused on the pros and cons of competitive market. This Vision Positioning System report provides in depth qualitative insights, historical data and sustainable projections and assumptions about the market size. The report focuses on the volume and value at the global level, regional level and company level. From a worldwide point of view, this report represents overall market Size by analyzing information and future prospect. Provincially, this report centers around a few key regions such as North America, Europe, China and Japan.Market Analysis: Global Vision Positioning System Market
Vision Positioning System Market is expected to rise from its initial estimated value of USD 6.08 billion in 2018 to an estimated value of USD 14.16 billion by 2026, registering a CAGR of 11.15% in the forecast period of 2019-2026. Vision positioning system is a location identifying system where different sensors, cameras and technologies combine to identify the objects in the environment even in secluded locations, where GPS might not be as accurate. These sensors, cameras combine to formulate the information regarding the surroundings which is interpreted by the system and an accurate location is formulated. This system helps in easier navigation, and provides information regarding the afar objects.
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Competitive Analysis: Vision Positioning System Market
ABB; ADTECH (SHENZHEN) TECHNOLOGY CO., LTD.; Quest Solution Inc.; Pepperl+Fuchs; Cognex Corporation; Parrot Drones SAS; FANUC CORPORATION; Senion; SICK AG; Seegrid Corporation; DJI; infsoft GmbH; LOCATA CORPORATION PTY. LIMITED.; Navigine; HTS; Scape Technologies Ltd; OMRON Corporation and Maxar Technologies Ltd.
Market Drivers:
Rapid adoption of automated systems and industrial automation amid growth of Industry 4.0
Increasing levels of usage of robotic systems in commercial and aerospace & defense industries expected to drives the growth of the market.
Market Restraints:
Strict regulations and compliances regarding the usage of drones from the various authorities of different regions; this factor is expected to restrain the market growth
Concerns regarding malfunctioning of systems such as cameras, sensors is expected to restrain the market growth
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The titled segments and sub-section of the market are illuminated below:
By Component
Sensors
Camera Systems
Markers
Others
By Location
Indoor Positioning System
Outdoor Positioning System
By Type
1D
2D
3D
By Solution
Navigation
Analytics
Tracking
Industrial Solutions
Others
By Platform
Unmanned Aerial Vehicles (UAVs)/Drones
Automated Guided Vehicle (AGV)
Robotics
Space Vehicle
Autonomous Underwater Vehicle (AUV)
Others
By Application
Commercial Application
Defense Application
By End-User
Retail
Healthcare
Industrial
Transportation & Logistics
Hospitality
Aerospace & Defense
Automotive
Electrical & Electronics
Banking, Financial Services & Insurance (BFSI)
Market segment by Regions/Countries, this report covers
North America,
South America,
Europe,
Asia-Pacific,
Middle East and Africa
Table of Content:
Chapter One: Global Vision Positioning System Industry Market Research Report
Chapter Two: Industry Chain Analysis
Chapter Three: Global Vision Positioning System Market, by Type
Chapter Four: Vision Positioning System Market, by Application
Chapter Five: Global Vision Positioning System Production, Value ($) by Region (2020-2027)
Chapter Six: Global Vision Positioning System Production, Consumption, Export, Import by Regions (2020-2027)
ToC.............More......
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.
Key Developments in the Market:
In January 2019, Scape Technologies Ltd announced they had raised USD 8 million seed investment for the development of their visual positioning system which is able to provide centimetre-accurate locations for cities. Their VPS (visual positioning system) will be able to differentiate between the objects of the environment
In October 2018, Quest Solution Inc. announced that they had acquired HTS Imaging Processing, Inc. This acquisition will help Quest Solution Inc. in providing automated logistics monitoring systems helping in creating of AI-powered patterns recognition in the environment
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
Contact:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email: Corporatesales@databridgemarketresearch.com
About Us:
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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