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Vision Positioning system is a positioning system which deploys image and ultrasonic signals to determine the exact position. Vision positioning systems have to be helpful to find the location of the aircraft in very remote locations, where even GPS signals are not available. Vision positioning system offers many advantages such as easy navigation, use of optical sensors to obtain distance information, required for avoidance of collision of aircraft with any foreign object. The global vision positioning system market is expected to rise at a CAGR of 11% during the forecast period 2016-2023. The current on-going trend in the vision positioning system is the emergence of robot vision positioning system. With the growth in the smart industry and Industrie 4.0, there has been increase in the adoption of robot vision positioning system. Furthermore, vision positioning systems are extensively used in defence and commercial applications.
The key factor driving the growth of the global vision positioning system market, is the increase in demand for industrial automation. Industrial automation involves the deployment of robots, computers and other information technologies for ensuring the quality control, automation of manufacturing etc. Furthermore, many controllers are used in industrial processes such as stand-alone I/O modules, PLC (programmable logic controller) etc. There has been increased demand for industrial automation due to its advantages such as high production speed, replacement of hard work, which is capable to perform tasks in extreme temperature and humidity where human beings fail to work. There has been increased adoption of industrial robots in the industrial automation sector. Therefore, the growing industrial automation industry has led to the increased adoption of automated devices such as vision sensors, smart camera, PC vision system, optimal lens, lighting system, high speed CCD camera in the vision positioning system. Therefore, the key market players are using industrial automation devices in their vision positioning systems.
For instance: Pepperl-Fuchs had developed their new positioning system named Position Guided Vision which uses advanced industrial 2D camera. Therefore, the increased usage of industrial automation in vision positioning system is driving the market growth.
Source: OBRC Analysis.
The report on global vision positioning system market includes components, location, solution, platforms and applications.
Component of vision positioning system includes:
Location of vision positioning system includes:
Solutions provided by vision positioning system include:
Platforms provided by vision positioning system include:
Applications of vision positioning system include:
The report scope is widely categorized on the basis of its components which include sensors, camera systems and markers.
The global vision positioning system market report has been geographically segmented in:
North America is the leading market region for global vision positioning system in terms of market revenue share. The key factor driving the market growth in North America is the increased adoption of automation in the U.S. Moreover, the increased demand for vision positioning system in the U.S. is contributing significantly to the market growth. However, the Asia Pacific is expected to emerge as the fastest growing region owing to the surging demand for industrial automation in Asia Pacific countries such as Japan, India and China. Also, the increased usage of vision positioning system in military drones and surveillance systems would be contributing significantly to the Asia Pacific vision positioning system market growth.
Global vision positioning system market report covers segmentation analysis of component, location, solution, platforms and applications. Report further covers segments of components which include sensors, camera systems and markers. Camera system is the leading market segment due to its increased adoption to capture real time images. Moreover, various sensors are used in camera systems in order to gather information about the environment. Report further covers segments of locations which include indoor positioning system and outdoor positioning system. The outdoor positioning system is the leading segment as they are extensively used in tourism, defense, transportation etc. Report further covers segments of solutions which include navigation, analytics, tracking, industrial solutions etc. Furthermore, platforms provided by vision positioning system are unmanned aerial vehicle/drones, automated guided vehicle, robotics, space vehicle, autonomous undersea vehicle etc. The automated guided vehicle is the leading segment due to its increased demand in China and U.S. and are widely used in civil and commercial applications. Whereas, vision positioning system has widely used in commercial and defense applications.
The major market players of the global vision positioning system market are:
These companies uses various strategies such as merger & acquisition, collaboration, partnership and product launch. Whereas, product and service launch is the key strategy adopted by the companies in the vision positioning system market.
For Example; In April 2017, DJI announced the launch of the advanced version of its vision positioning system Phantom named as Phantom 4 advanced. It has the capability to record videos of 4K resolution with a frame rate of 60 frames per second.
In March 2017, Virtek announced the launch of its new vision positioning system named Virtek Iris 3D. It is compact in size and with high efficiency in applications such as ply layup.
The report covers detailed analysis of companies which comprises overview, SCOT analysis, product portfolio, strategic initiative, strategic analysis, competitive landscape and market share analysis in vision positioning system market.
Key reason to buy the report:
How we are different from others:
At Occam’s we provide an extensive portfolio which is comprehensive market analysis along with the market size, market share, and market segmentations. Our report on global vision positioning system market offers detailed analysis of strategic models such as investment vs. adoption model, see saw analysis and others strategic models. Also, the report contains the detailed analysis of application, adoption scenario and decision support for each segment. The report discusses competitive landscape of the vision positioning system market, with giving extensive SCOT analysis of key companies.
Key findings of the global vision positioning system market: