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Vision Positioning System Market Share

Report ID: GMI7389
Published Date: Nov 2023
Report Format: PDF

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Vision Positioning System Market Share

Major companies operating in the vision positioning system industry are:

ABB Ltd.
Cognex Corporation
DJI Technology Co., Ltd
Fanuc Corporation
Omron Corporation
Qualcomm Technologies, Inc.
Seegrid
Sick AG
Sony Corporation
Verizon Communications

These companies invest in research and development for staying at the forefront of technological advancements. Also, these companies continuously innovate to improve the accuracy, reliability, and features of their systems.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of vision positioning system reached USD 5.7 billion in 2022 and is set to witness over 11% CAGR from 2023 to 2032, due to the rising development of autonomous vehicles, including self-driving cars and drones.

The outdoor location segment is expected to account for over 60% of the market share in 2022, owing to the increased need for more reliable, accurate, and safe navigation to address challenges.

North America held 34% of the market share in 2022, driven by the rising popularity of autonomous vehicles and self-driving cars in the region.

Some of the leading vision positioning system companies are ABB Ltd., Cognex Corporation, DJI Technology Co., Ltd,Fanuc Corporation, Omron Corporation, Qualcomm Technologies, Inc., Seegrid, Sick AG, Sony Corporation, and Verizon Communications.