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Vision Positioning System Market Size, Share & Trends Analysis Report By Component (Sensor, Camera, Marker), By Location, By Platform (UAV, AGV, Space Vehicle), By Application, By Region, And Segment Forecasts, 2023 - 2030

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    Report

  • 165 Pages
  • October 2023
  • Region: Global
  • Grand View Research
  • ID: 5899533
Description Jump to:
The global vision positioning system market size is expected to reach USD 11.83 billion by 2030., registering a 12.0% CAGR from 2023 to 2030. Increased applications in healthcare, defense, and industrial automation sectors are expected to drive the market over the forecast period.

Vision positioning systems are installed in Unmanned Aerial Vehicles (UAVs), Automated Guided Vehicles (AGVs), space vehicles, industrial robots, and other automated devices. The system is used for locating the position of these automated devices using data generated by vision cameras and sensors. The sensors detect the current position of the unmanned device or robot with the help of ultrasonic sound waves and optical sensors.

The market is characterized by constantly evolving technological innovations to enhance the efficiency of vision positioning-enabled devices. Technological advancements are primarily driven by growing adoption of vision sensor-equipped devices and increasing demand for indoor navigation in various industries.

Growing adoption of UAVs and AGVs in industrial as well as commercial spaces is anticipated to boost the demand for vision positioning systems over the forecast period. Government regulations pertaining to the usage of UAVs are mostly country-specific and are present in many countries including U.S. and U.K. For instance, the German Air Traffic Act defines Unmanned Aerial System (UAS) as vehicles that are not used for recreational purposes, and states that the operation of UASs weighing more than five kilograms will require prior approval from the German Aviation Authority. Furthermore, using a UAS weighing more than 25 kg or operating it beyond the visual line of sight of the operator is usually prohibited.

Growing adoption of automated devices in developed countries and increasing relevance of cost-effective manufacturing in developing countries is expected to maintain the buoyancy and growth of the market.

Vision Positioning System Market Report Highlights

  • Cameras emerged as the dominant segment in the market, with a revenue share of just over 55.4% in 2022
  • Outdoor location tracking systems accounted for the largest revenue share of 60.9% in 2022 and are projected to continue their dominance throughout the forecast period
  • The healthcare sector is expected to exhibit a significant CAGR of 13.4% from 2023 to 2030, fueled by growing demand from Asia Pacific, with countries such as Japan and China at the forefront
  • Defense accounted for 39.6% of the overall revenue in 2022 and is projected to be the dominant segment over the forecast period
  • The unmanned aerial vehicles revenue share was 34.0% in 2022, and it is expected to exhibit the largest CAGR of 13.0% over the forecast period
  • North American region dominated the vision positioning system market with a revenue share of 34.2% in 2022 and is expected to continue its dominance over the forecast period


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Component
1.1.2. Location
1.1.3. Platform
1.1.4. Application
1.1.5. Regional scope
1.1.6. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Component outlook
2.2.2. Location outlook
2.2.3. Platform outlook
2.2.4. Application outlook
2.2.5. Regional outlook
2.3. Competitive Insights
Chapter 3. Vision Positioning System Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.3.3. Market opportunity analysis
3.4. Vision Positioning System Market Analysis Tools
3.4.1. Industry analysis - Porter’s
3.4.1.1. Supplier power
3.4.1.2. Buyer power
3.4.1.3. Substitution threat
3.4.1.4. Threat of new entrant
3.4.1.5. Competitive rivalry
3.4.2. PESTEL analysis
3.4.2.1. Political landscape
3.4.2.2. Technological landscape
3.4.2.3. Economic landscape
Chapter 4. Vision Positioning System Market: Component Estimates & Trend Analysis
4.1. Vision Positioning System Market: Key Takeaways
4.2. Vision Positioning System Market: Movement & Market Share Analysis, 2022 & 2030
4.3. Sensor
4.3.1. Sensor market estimates and forecasts, 2017 to 2030 (USD Million)
4.4. Camera
4.4.1. Camera market estimates and forecasts, 2017 to 2030 (USD Million)
4.5. Marker
4.5.1. Marker market estimates and forecasts, 2017 to 2030 (USD Million)
4.6. Others
4.6.1. Others market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 5. Vision Positioning System Market: Location Estimates & Trend Analysis
5.1. Vision Positioning System Market: Key Takeaways
5.2. Vision Positioning System Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Indoor
5.3.1. Indoor market estimates and forecasts, 2017 to 2030 (USD Million)
5.4. Outdoor
5.4.1. Outdoor market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 6. Vision Positioning System Market: Platform Estimates & Trend Analysis
6.1. Vision Positioning System Market: Key Takeaways
6.2. Vision Positioning System Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Unmanned Aerial Vehicle
6.3.1. Unmanned aerial vehicle market estimates and forecasts, 2017 to 2030 (USD Million)
6.4. Automated Guided Vehicle
6.4.1. Automated guided vehicle market estimates and forecasts, 2017 to 2030 (USD Million)
6.5. Space Vehicle
6.5.1. Space vehicle market estimates and forecasts, 2017 to 2030 (USD Million)
6.6. Industrial Robots
6.6.1. Industrial robots market estimates and forecasts, 2017 to 2030 (USD Million)
6.7. Others
6.7.1. Others market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 7. Vision Positioning System Market: Application Estimates & Trend Analysis
7.1. Vision Positioning System Market: Key Takeaways
7.2. Vision Positioning System Market: Movement & Market Share Analysis, 2022 & 2030
7.3. Retail
7.3.1. Retail market estimates and forecasts, 2017 to 2030 (USD Million)
7.4. Healthcare
7.4.1. Healthcare market estimates and forecasts, 2017 to 2030 (USD Million)
7.5. Defense
7.5.1. Defense market estimates and forecasts, 2017 to 2030 (USD Million)
7.6. Industrial
7.6.1. Industrial market estimates and forecasts, 2017 to 2030 (USD Million)
7.7. Transportation & Logistics
7.7.1. Transportation & logistics market estimates and forecasts, 2017 to 2030 (USD Million)
7.8. Hospitality
7.8.1. Hospitality market estimates and forecasts, 2017 to 2030 (USD Million)
7.9. Others
7.9.1. Others market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 8. Vision Positioning System Market: Regional Estimates & Trend Analysis
8.1. Regional Outlook
8.2. Vision Positioning System Market by Region: Key Takeaway
8.3. North America
8.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.3.2. U.S.
8.3.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.3.3. Canada
8.3.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.4. Europe
8.4.1. UK
8.4.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.4.2. Germany
8.4.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.4.3. France
8.4.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.5. Asia Pacific
8.5.1. Japan
8.5.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.5.2. China
8.5.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.5.3. India
8.5.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.5.4. Australia
8.5.4.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.5.5. South Korea
8.5.5.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.6. Latin America
8.6.1. Brazil
8.6.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.6.2. Mexico
8.6.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.7. MEA
8.7.1. Saudi Arabia
8.7.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.7.2. South Africa
8.7.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
8.7.3. UAE
8.7.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
Chapter 9. Competitive Landscape
9.1. Recent Developments & Impact Analysis, By Key Market Participants
9.2. Market Participant Categorization
9.2.1. DJI
9.2.1.1. Company overview
9.2.1.2. Financial performance
9.2.1.3. Product benchmarking
9.2.1.4. Strategic initiatives
9.2.2. ABB
9.2.2.1. Company overview
9.2.2.2. Financial performance
9.2.2.3. Product benchmarking
9.2.2.4. Strategic initiatives
9.2.3. Sick AG
9.2.3.1. Company overview
9.2.3.2. Financial performance
9.2.3.3. Product benchmarking
9.2.3.4. Strategic initiatives
9.2.4. Cognex Corporation
9.2.4.1. Company overview
9.2.4.2. Financial performance
9.2.4.3. Product benchmarking
9.2.4.4. Strategic initiatives
9.2.5. OMRON Corporation
9.2.5.1. Company overview
9.2.5.2. Financial performance
9.2.5.3. Product benchmarking
9.2.5.4. Strategic initiatives
9.2.6. FANUC CORPORATION
9.2.6.1. Company overview
9.2.6.2. Financial performance
9.2.6.3. Product benchmarking
9.2.6.4. Strategic initiatives
9.2.7. Senion AB
9.2.7.1. Company overview
9.2.7.2. Financial performance
9.2.7.3. Product benchmarking
9.2.7.4. Strategic initiatives
9.2.8. Parrot Drone SAS
9.2.8.1. Company overview
9.2.8.2. Financial performance
9.2.8.3. Product benchmarking
9.2.8.4. Strategic initiatives
9.2.9. Seegrid
9.2.9.1. Company overview
9.2.9.2. Financial performance
9.2.9.3. Product benchmarking
9.2.9.4. Strategic initiatives
9.2.10. MDA
9.2.10.1. Company overview
9.2.10.2. Financial performance
9.2.10.3. Product benchmarking
9.2.10.4. Strategic initiatives
List of Tables
Table 1 List of abbreviation
Table 2 North America vision positioning system market, by component, 2017-2030 (USD Million)
Table 3 North America vision positioning system market, by location, 2017-2030 (USD Million)
Table 4 North America vision positioning system market, by platform, 2017-2030 (USD Million)
Table 5 North America vision positioning system market, by application, 2017-2030 (USD Million)
Table 6 North America vision positioning system market, by region, 2017 to 2030 (USD Million)
Table 7 U.S. vision positioning system market, by component, 2017-2030 (USD Million)
Table 8 U.S. vision positioning system market, by location, 2017-2030 (USD Million)
Table 9 U.S. vision positioning system market, by platform, 2017-2030 (USD Million)
Table 10 U.S. vision positioning system market, by application, 2017-2030 (USD Million)
Table 11 Canada vision positioning system market, by component, 2017-2030 (USD Million)
Table 12 Canada vision positioning system market, by location, 2017-2030 (USD Million)
Table 13 Canada vision positioning system market, by platform, 2017-2030 (USD Million)
Table 14 Canada vision positioning system market, by application, 2017-2030 (USD Million)
Table 15 Europe vision positioning system market, by component, 2017-2030 (USD Million)
Table 16 Europe vision positioning system market, by location, 2017-2030 (USD Million)
Table 17 Europe vision positioning system market, by platform, 2017-2030 (USD Million)
Table 18 Europe vision positioning system market, by application, 2017-2030 (USD Million)
Table 19 Europe vision positioning system market, by region, 2017 to 2030 (USD Million)
Table 20 Germany vision positioning system market, by component, 2017-2030 (USD Million)
Table 21 Germany vision positioning system market, by location, 2017-2030 (USD Million)
Table 22 Germany vision positioning system market, by platform, 2017-2030 (USD Million)
Table 23 Germany vision positioning system market, by application, 2017-2030 (USD Million)
Table 24 UK vision positioning system market, by component, 2017-2030 (USD Million)
Table 25 UK vision positioning system market, by location, 2017-2030 (USD Million)
Table 26 UK vision positioning system market, by platform, 2017-2030 (USD Million)
Table 27 UK vision positioning system market, by application, 2017-2030 (USD Million)
Table 28 France vision positioning system market, by component, 2017-2030 (USD Million)
Table 29 France vision positioning system market, by location, 2017-2030 (USD Million)
Table 30 France vision positioning system market, by platform, 2017-2030 (USD Million)
Table 31 France vision positioning system market, by application, 2017-2030 (USD Million)
Table 32 Asia Pacific vision positioning system market, by component, 2017-2030 (USD Million)
Table 33 Asia Pacific vision positioning system market, by location, 2017-2030 (USD Million)
Table 34 Asia Pacific vision positioning system market, by platform, 2017-2030 (USD Million)
Table 35 Asia Pacific vision positioning system market, by application, 2017-2030 (USD Million)
Table 36 Asia Pacific vision positioning system market, by region, 2017 to 2030 (USD Million)
Table 37 China vision positioning system market, by component, 2017-2030 (USD Million)
Table 38 China vision positioning system market, by location, 2017-2030 (USD Million)
Table 39 China vision positioning system market, by platform, 2017-2030 (USD Million)
Table 40 China vision positioning system market, by application, 2017-2030 (USD Million)
Table 41 Japan vision positioning system market, by component, 2017-2030 (USD Million)
Table 42 Japan vision positioning system market, by location, 2017-2030 (USD Million)
Table 43 Japan vision positioning system market, by platform, 2017-2030 (USD Million)
Table 44 Japan vision positioning system market, by application, 2017-2030 (USD Million)
Table 45 India vision positioning system market, by component, 2017-2030 (USD Million)
Table 46 India vision positioning system market, by location, 2017-2030 (USD Million)
Table 47 India vision positioning system market, by platform, 2017-2030 (USD Million)
Table 48 India vision positioning system market, by application, 2017-2030 (USD Million)
Table 49 Australia vision positioning system market, by component, 2017-2030 (USD Million)
Table 50 Australia vision positioning system market, by location, 2017-2030 (USD Million)
Table 51 Australia vision positioning system market, by platform, 2017-2030 (USD Million)
Table 52 Australia vision positioning system market, by application, 2017-2030 (USD Million)
Table 53 South Korea vision positioning system market, by component, 2017-2030 (USD Million)
Table 54 South Korea vision positioning system market, by location, 2017-2030 (USD Million)
Table 55 South Korea vision positioning system market, by platform, 2017-2030 (USD Million)
Table 56 South Korea vision positioning system market, by application, 2017-2030 (USD Million)
Table 57 Latin America vision positioning system market, by component, 2017-2030 (USD Million)
Table 58 Latin America vision positioning system market, by location, 2017-2030 (USD Million)
Table 59 Latin America vision positioning system market, by platform, 2017-2030 (USD Million)
Table 60 Latin America vision positioning system market, by application, 2017-2030 (USD Million)
Table 61 Latin America vision positioning system market, by region, 2017 to 2030 (USD Million)
Table 62 Brazil vision positioning system market, by component, 2017-2030 (USD Million)
Table 63 Brazil vision positioning system market, by location, 2017-2030 (USD Million)
Table 64 Brazil vision positioning system market, by platform, 2017-2030 (USD Million)
Table 65 Brazil vision positioning system market, by application, 2017-2030 (USD Million)
Table 66 Mexico vision positioning system market, by component, 2017-2030 (USD Million)
Table 67 Mexico vision positioning system market, by location, 2017-2030 (USD Million)
Table 68 Mexico vision positioning system market, by platform, 2017-2030 (USD Million)
Table 69 Mexico vision positioning system market, by application, 2017-2030 (USD Million)
Table 70 Middle East and Africa vision positioning system market, by component, 2017-2030 (USD Million)
Table 71 Middle East and Africa vision positioning system market, by location, 2017-2030 (USD Million)
Table 72 Middle East and Africa vision positioning system market, by platform, 2017-2030 (USD Million)
Table 73 Middle East and Africa vision positioning system market, by application, 2017-2030 (USD Million)
Table 74 Middle East and Africa vision positioning system market, by region, 2017 to 2030 (USD Million)
Table 75 South Africa vision positioning system market, by component, 2017-2030 (USD Million)
Table 76 South Africa vision positioning system market, by location, 2017-2030 (USD Million)
Table 77 South Africa vision positioning system market, by platform, 2017-2030 (USD Million)
Table 78 South Africa vision positioning system market, by application, 2017-2030 (USD Million)
Table 79 Saudi Arabia vision positioning system market, by component, 2017-2030 (USD Million)
Table 80 Saudi Arabia vision positioning system market, by location, 2017-2030 (USD Million)
Table 81 Saudi Arabia vision positioning system market, by platform, 2017-2030 (USD Million)
Table 82 Saudi Arabia vision positioning system market, by application, 2017-2030 (USD Million)
Table 83 UAE vision positioning system market, by component, 2017-2030 (USD Million)
Table 84 UAE vision positioning system market, by location, 2017-2030 (USD Million)
Table 85 UAE vision positioning system market, by platform, 2017-2030 (USD Million)
Table 86 UAE vision positioning system market, by application, 2017-2030 (USD Million)
List of Figures
Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Vision positioning system: Market outlook
Fig. 9 Vision positioning system: Competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 Industry value chain analysis
Fig. 14 Vision positioning system market driver impact
Fig. 15 Vision positioning system market restraint impact
Fig. 16 Vision positioning system market strategic initiatives analysis
Fig. 17 Vision positioning system market: Component movement analysis
Fig. 18 Vision positioning system market: Component outlook and key takeaways
Fig. 19 Sensor market estimates and forecasts, 2017-2030
Fig. 20 Camera market estimates and forecasts, 2017-2030
Fig. 21 Marker market estimates and forecasts, 2017-2030
Fig. 22 Others market estimates and forecasts, 2017-2030
Fig. 23 Vision positioning system market: Location movement analysis
Fig. 24 Vision positioning system market: Location outlook and key takeaways
Fig. 25 Indoor market estimates and forecasts, 2017-2030
Fig. 26 Outdoor market estimates and forecasts, 2017-2030
Fig. 27 Vision positioning system market: Platform movement analysis
Fig. 28 Vision positioning system market: Platform outlook and key takeaways
Fig. 29 Unmanned aerial vehicle market estimates and forecasts, 2017-2030
Fig. 30 Automated guided vehicle market estimates and forecasts, 2017-2030
Fig. 31 Space vehicle market estimates and forecasts, 2017-2030
Fig. 32 Industrial robots market estimates and forecasts, 2017-2030
Fig. 33 Others market estimates and forecasts, 2017-2030
Fig. 34 Vision positioning system market: Application movement analysis
Fig. 35 Vision positioning system market: Application outlook and key takeaways
Fig. 36 Retail market estimates and forecasts, 2017-2030
Fig. 37 Healthcare market estimates and forecasts, 2017-2030
Fig. 38 Defense market estimates and forecasts, 2017-2030
Fig. 39 Industrial market estimates and forecasts, 2017-2030
Fig. 40 Transportation & logistics market estimates and forecasts, 2017-2030
Fig. 41 Hospitality market estimates and forecasts, 2017-2030
Fig. 42 Others market estimates and forecasts, 2017-2030
Fig. 43 Global vision positioning system market: Regional movement analysis
Fig. 44 Global vision positioning system market: Regional outlook and key takeaways
Fig. 45 North America market estimates and forecasts, 2017-2030
Fig. 46 U.S. market estimates and forecasts, 2017-2030
Fig. 47 Canada market estimates and forecasts, 2017-2030
Fig. 48 Europe market estimates and forecasts, 2017-2030
Fig. 49 UK market estimates and forecasts, 2017-2030
Fig. 50 Germany market estimates and forecasts, 2017-2030
Fig. 51 France market estimates and forecasts, 2017-2030
Fig. 52 Asia Pacific market estimates and forecasts, 2017-2030
Fig. 53 Japan market estimates and forecasts, 2017-2030
Fig. 54 China market estimates and forecasts, 2017-2030
Fig. 55 India market estimates and forecasts, 2017-2030
Fig. 56 Australia market estimates and forecasts, 2017-2030
Fig. 57 South Korea market estimates and forecasts, 2017-2030
Fig. 58 Latin America market estimates and forecasts, 2017-2030
Fig. 59 Brazil market estimates and forecasts, 2017-2030
Fig. 60 Mexico market estimates and forecasts, 2017-2030
Fig. 61 Middle East and Africa market estimates and forecasts, 2017-2030
Fig. 62 Saudi Arabia market estimates and forecasts, 2017-2030
Fig. 63 South Africa market estimates and forecasts, 2017-2030
Fig. 64 UAE market estimates and forecasts, 2017-2030

Companies Mentioned

  • DJI
  • ABB
  • Sick AG
  • Cognex Corporation
  • OMRON Corporation
  • FANUC CORPORATION
  • Senion AB
  • Parrot Drone SAS
  • Seegrid
  • MDA

Methodology

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Table Information

Report AttributeDetails
No. of Pages165
PublishedOctober 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 4.74 Billion
Forecasted Market Value ( USD ) by 2030 $ 11.83 Billion
Compound Annual Growth Rate12.0%
Regions CoveredGlobal
No. of Companies Mentioned10

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About the Vision Positioning System Market

The Vision Positioning System (VPS) market is a subset of the Optical Sensors market. It is composed of a variety of sensors that use light to detect and measure the position of an object. VPS systems are used in a variety of applications, such as robotics, autonomous vehicles, and industrial automation. They are also used in consumer electronics, such as smartphones and tablets. VPS systems are typically composed of a camera, a processor, and a light source. The camera captures images of the environment, which are then processed by the processor to determine the position of the object. The light source is used to illuminate the environment, allowing the camera to capture images. VPS systems are becoming increasingly popular due to their accuracy and reliability. They are also becoming more affordable, making them accessible to a wider range of users. Some of the companies in the VPS market include Intel, Qualcomm, STMicroelectronics, Sony, and Panasonic. Show Less Read more

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