Global Vision Positioning System Market Size is Valued at $5.9 Billion in 2024 and is forecast to register a growth rate (CAGR) of 13.1% to reach $15.8 Billion by 2032.
The global Vision Positioning System Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Component (Sensors, Camera, Markers, Others), By Location (Indoor, Outdoor), By Platform (Unmanned Aerial Vehicles, Automated Guided Vehicles, Space Vehicles, Industrial Robots, Others), By End-User (Retail, Healthcare, Defense, Industrial, Transportation & Logistics, Hospitality, Others)
An Introduction to Vision Positioning System Market
The Vision Positioning System Market is expanding as various industries adopt advanced positioning technologies for improved accuracy and efficiency. Vision positioning systems use optical sensors and cameras to determine the precise location and orientation of objects in real-time. The market growth is driven by the increasing use of drones, autonomous vehicles, and robotics, where precise positioning is critical. Advancements in computer vision, AI, and sensor technology are enhancing the capabilities of vision positioning systems, making them more reliable and versatile.
Vision Positioning System Market Competitive Landscape
The market report analyses the leading companies in the industry including ABB Ltd, Cepton Technologies Inc, Cognex Corp, DJI, FANUC Corp, OMRON Corp, Parrot Drone SAS, Pepperl+Fuchs GmbH, Seegrid Corp, Senion AB, Sick AG, Skydio, Swift Navigation, and others.
Vision Positioning System Market Dynamics
Vision Positioning System Market Trend: Integration of VPS in Autonomous Vehicles
A significant trend in the Vision Positioning System (VPS) Market is the increasing integration of VPS technology in autonomous vehicles for precise navigation and localization. As the demand for autonomous driving technologies continues to grow, there is a rising need for accurate and reliable positioning systems that can enable vehicles to perceive their surroundings and navigate complex environments with precision. VPS solutions, leveraging advanced computer vision algorithms and sensor fusion techniques, play a crucial role in enhancing the localization capabilities of autonomous vehicles, enabling them to operate safely and efficiently in diverse real-world scenarios, including urban environments, highways, and off-road terrain.
Vision Positioning System Market Driver: Demand for Indoor Navigation and Augmented Reality
The demand for indoor navigation and augmented reality (AR) applications is a major driver fueling the growth of the Vision Positioning System (VPS) Market. With the proliferation of indoor spaces such as shopping malls, airports, museums, and warehouses, there is a growing need for accurate indoor positioning systems that can provide users with seamless navigation experiences and enable location-based AR interactions. VPS technology, combining computer vision, machine learning, and sensor fusion techniques, offers a cost-effective and scalable solution for indoor localization, enabling users to navigate indoor environments with precision and augment their surroundings with digital content and information.
Vision Positioning System Market Opportunity: Integration of VPS in Smartphones and Wearables
One potential opportunity within the Vision Positioning System (VPS) Market lies in the integration of VPS technology into smartphones, wearables, and other mobile devices to enhance location-based services and AR experiences. As consumers increasingly rely on their mobile devices for navigation, location-based recommendations, and immersive AR applications, there is a growing demand for more accurate and reliable positioning solutions that can operate seamlessly indoors and outdoors. By embedding VPS capabilities into smartphones and wearables, device manufacturers can differentiate their products, provide users with enhanced location-aware experiences, and unlock new opportunities for location-based advertising, indoor navigation, and AR gaming. This integration of VPS technology into consumer devices has the potential to revolutionize the way people interact with their surroundings and access digital content in both indoor and outdoor environments.
Vision Positioning System Market Report Segmentation
By Component
Sensors
Camera
Markers
Others
By Location
Indoor
Outdoor
By Platform
Unmanned Aerial Vehicles
Automated Guided Vehicles
Space Vehicles
Industrial Robots
Others
By End-User
Retail
Healthcare
Defense
Industrial
Transportation & Logistics
Hospitality
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Vision Positioning System Market Companies Profiled in the Study
ABB Ltd
Cepton Technologies Inc
Cognex Corp
DJI
FANUC Corp
OMRON Corp
Parrot Drone SAS
Pepperl+Fuchs GmbH
Seegrid Corp
Senion AB
Sick AG
Skydio
Swift Navigation
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Vision Positioning System Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Vision Positioning System Market Size Outlook, $ Million, 2021 to 2030
3.2 Vision Positioning System Market Outlook by Type, $ Million, 2021 to 2030
3.3 Vision Positioning System Market Outlook by Product, $ Million, 2021 to 2030
3.4 Vision Positioning System Market Outlook by Application, $ Million, 2021 to 2030
3.5 Vision Positioning System Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Vision Positioning System Industry
4.2 Key Market Trends in Vision Positioning System Industry
4.3 Potential Opportunities in Vision Positioning System Industry
4.4 Key Challenges in Vision Positioning System Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Vision Positioning System Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Vision Positioning System Market Outlook by Segments
7.1 Vision Positioning System Market Outlook by Segments, $ Million, 2021- 2030
By Component
Sensors
Camera
Markers
Others
By Location
Indoor
Outdoor
By Platform
Unmanned Aerial Vehicles
Automated Guided Vehicles
Space Vehicles
Industrial Robots
Others
By End-User
Retail
Healthcare
Defense
Industrial
Transportation & Logistics
Hospitality
Others
8 North America Vision Positioning System Market Analysis and Outlook To 2030
8.1 Introduction to North America Vision Positioning System Markets in 2024
8.2 North America Vision Positioning System Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Vision Positioning System Market size Outlook by Segments, 2021-2030
By Component
Sensors
Camera
Markers
Others
By Location
Indoor
Outdoor
By Platform
Unmanned Aerial Vehicles
Automated Guided Vehicles
Space Vehicles
Industrial Robots
Others
By End-User
Retail
Healthcare
Defense
Industrial
Transportation & Logistics
Hospitality
Others
9 Europe Vision Positioning System Market Analysis and Outlook To 2030
9.1 Introduction to Europe Vision Positioning System Markets in 2024
9.2 Europe Vision Positioning System Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Vision Positioning System Market Size Outlook by Segments, 2021-2030
By Component
Sensors
Camera
Markers
Others
By Location
Indoor
Outdoor
By Platform
Unmanned Aerial Vehicles
Automated Guided Vehicles
Space Vehicles
Industrial Robots
Others
By End-User
Retail
Healthcare
Defense
Industrial
Transportation & Logistics
Hospitality
Others
10 Asia Pacific Vision Positioning System Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Vision Positioning System Markets in 2024
10.2 Asia Pacific Vision Positioning System Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Vision Positioning System Market size Outlook by Segments, 2021-2030
By Component
Sensors
Camera
Markers
Others
By Location
Indoor
Outdoor
By Platform
Unmanned Aerial Vehicles
Automated Guided Vehicles
Space Vehicles
Industrial Robots
Others
By End-User
Retail
Healthcare
Defense
Industrial
Transportation & Logistics
Hospitality
Others
11 South America Vision Positioning System Market Analysis and Outlook To 2030
11.1 Introduction to South America Vision Positioning System Markets in 2024
11.2 South America Vision Positioning System Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Vision Positioning System Market size Outlook by Segments, 2021-2030
By Component
Sensors
Camera
Markers
Others
By Location
Indoor
Outdoor
By Platform
Unmanned Aerial Vehicles
Automated Guided Vehicles
Space Vehicles
Industrial Robots
Others
By End-User
Retail
Healthcare
Defense
Industrial
Transportation & Logistics
Hospitality
Others
12 Middle East and Africa Vision Positioning System Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Vision Positioning System Markets in 2024
12.2 Middle East and Africa Vision Positioning System Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Vision Positioning System Market size Outlook by Segments, 2021-2030
By Component
Sensors
Camera
Markers
Others
By Location
Indoor
Outdoor
By Platform
Unmanned Aerial Vehicles
Automated Guided Vehicles
Space Vehicles
Industrial Robots
Others
By End-User
Retail
Healthcare
Defense
Industrial
Transportation & Logistics
Hospitality
Others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
ABB Ltd
Cepton Technologies Inc
Cognex Corp
DJI
FANUC Corp
OMRON Corp
Parrot Drone SAS
Pepperl+Fuchs GmbH
Seegrid Corp
Senion AB
Sick AG
Skydio
Swift Navigation
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Component
Sensors
Camera
Markers
Others
By Location
Indoor
Outdoor
By Platform
Unmanned Aerial Vehicles
Automated Guided Vehicles
Space Vehicles
Industrial Robots
Others
By End-User
Retail
Healthcare
Defense
Industrial
Transportation & Logistics
Hospitality
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
