Vision Positioning System Market
Vision Positioning System Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Vision Positioning System Market Size and Growth
The Vision Positioning System (VPS) market is experiencing robust growth, driven by advancements in automation and robotics. As of 2023, the market size is estimated to exceed $400 million, with a projected CAGR of over 15% through 2030. Key drivers include increasing demand for precision navigation and enhanced operational efficiency in various sectors.
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Companies Covered
(Covid 19 Impact Covered)
◍ DJI
◍ Parrot
◍ ABB
◍ Sick
◍ Cognex
◍ Omron
◍ Pepperl+Fuchs
◍ Fanuc
◍ Infsoft
◍ Senion
◍ Adtech (Shenzhen) Technology
◍ Locata
The Vision Positioning System market features key players like DJI, Parrot, ABB, and Cognex, utilizing advanced imaging and sensor technologies for automation, robotics, and navigation. Their innovations enhance precision in industrial applications, driving market growth. Sales revenues include:
- DJI: ~$3 billion
- Cognex: ~$880 million
- ABB: ~$28 billion
These contributions fuel the market's expansion.
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Market Segmentation
By Application
Commercial
Defense
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By Product
Tracking
Navigation
Analytics
Industrial Solutions
Others
Market Growth
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$ X Billion USD
