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North America Vision Positioning System Market Size, Share & Industry Trends Analysis Report By Location (Outdoor, and Indoor), By Component (Camera, Sensor, Marker, and Others), By Platform, By Application, By Country and Growth Forecast, 2023 - 2030

Publisher Knowledge Based Value (KBV) Research
Published Oct 31, 2023
Length 141 Pages
SKU # KBV18339250

Description

North America Vision Positioning System Market Size, Share & Industry Trends Analysis Report By Location (Outdoor, and Indoor), By Component (Camera, Sensor, Marker, and Others), By Platform, By Application, By Country and Growth Forecast, 2023 - 2030


The North America Vision Positioning System Market would witness market growth of 11.4% CAGR during the forecast period (2023-2030).

The market is a component of sensor technology and positioning systems. It integrates digital image processing, computer vision, and other sensor inputs to determine the position and orientation of a device or vehicle within its surroundings. Robotics, autonomous vehicles, drones, and manufacturing automation are among the many industries that employ it extensively. The market has grown consistently due to technological advancements and rising demand for automation and autonomous navigation solutions.

Increasing use of automated guided vehicles (AGVs) for commercial and defense applications, increasing use of unmanned aerial vehicles (UAVs), and rising demand for Artificial Intelligence (AI)-enabled optical sensors are anticipated to contribute to market expansion significantly. The market is characterized by constant technological advancements to meet evolving industrial requirements. Using its Tango 3D sensing computer technology, Google, Inc. announced it is developing a 'visual positioning service' to provide a comprehensive indoor location positioning system. This innovation uses augmented reality technology and real-world data to identify the distinct visual features of an area, which are then used to generate a map of the area.

Retail sales growth in the US and the increasing focus on enhancing the customer experience have driven retailers' adoption of VPS technology. As consumers demand more convenience and personalized shopping experiences, VPS systems will likely continue playing a crucial role in improving retail operations and driving market growth. Due to these aspects, the market will grow significantly across the region in the coming years.

The US market dominated the North America Vision Positioning System Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,829.9 million by 2030. The Canada market is experiencing a CAGR of 13.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 13% during (2023 - 2030).

Based on Location, the market is segmented into Outdoor, and Indoor. Based on Component, the market is segmented into Camera, Sensor, Marker, and Others. Based on Platform, the market is segmented into Geospatial Unmanned Aerial Vehicle, Automated Guided Vehicle, Industrial Robots, Space Vehicle, and Others. Based on Application, the market is segmented into Defense, Industrial, Retail, Transportation & Logistics, Hospitality, Healthcare, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB LTD., Sick AG, Cognex Corporation, Omron Corporation, FANUC Corporation, MDA Ltd. (Northern Private Capital Inc.), SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited), Parrot Drone SAS, Seegrid Corporation, and Verizon Communications, Inc. (Senion AB)

Scope of the Study

Market Segments covered in the Report:

By Location
  • Outdoor
  • Indoor
By Component
  • Camera
  • Sensor
  • Marker
  • Others
By Platform
  • Unmanned Aerial Vehicle
  • Automated Guided Vehicle
  • Industrial Robots
  • Space Vehicle
  • Others
By Application
  • Defense
  • Industrial
  • Retail
  • Transportation & Logistics
  • Hospitality
  • Healthcare
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • ABB LTD.
  • Sick AG
  • Cognex Corporation
  • Omron Corporation
  • FANUC Corporation
  • MDA Ltd. (Northern Private Capital Inc.)
  • SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited)
  • Parrot Drone SAS
  • Seegrid Corporation
  • Verizon Communications, Inc. (Senion AB)
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

141 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Vision Positioning System Market, by Location
1.4.2 North America Vision Positioning System Market, by Component
1.4.3 North America Vision Positioning System Market, by Platform
1.4.4 North America Vision Positioning System Market, by Application
1.4.5 North America Vision Positioning System Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Mar – 2023, Sep) Leading Players
4.4 Porter’s Five Force Analysis
Chapter 5. North America Vision Positioning System Market by Location
5.1 North America Outdoor Market by Region
5.2 North America Indoor Market by Region
Chapter 6. North America Vision Positioning System Market by Component
6.1 North America Camera Market by Country
6.2 North America Sensor Market by Country
6.3 North America Marker Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Vision Positioning System Market by Platform
7.1 North America Unmanned Aerial Vehicle Market by Country
7.2 North America Automated Guided Vehicle Market by Country
7.3 North America Industrial Robots Market by Country
7.4 North America Space Vehicle Market by Country
7.5 North America Others Market by Country
Chapter 8. North America Vision Positioning System Market by Application
8.1 North America Defense Market by Country
8.2 North America Industrial Market by Country
8.3 North America Retail Market by Country
8.4 North America Transportation & Logistics Market by Country
8.5 North America Hospitality Market by Country
8.6 North America Healthcare Market by Country
8.7 North America Others Market by Country
Chapter 9. North America Vision Positioning System Market by Country
9.1 US Vision Positioning System Market
9.1.1 US Vision Positioning System Market by Location
9.1.2 US Vision Positioning System Market by Component
9.1.3 US Vision Positioning System Market by Platform
9.1.4 US Vision Positioning System Market by Application
9.2 Canada Vision Positioning System Market
9.2.1 Canada Vision Positioning System Market by Location
9.2.2 Canada Vision Positioning System Market by Component
9.2.3 Canada Vision Positioning System Market by Platform
9.2.4 Canada Vision Positioning System Market by Application
9.3 Mexico Vision Positioning System Market
9.3.1 Mexico Vision Positioning System Market by Location
9.3.2 Mexico Vision Positioning System Market by Component
9.3.3 Mexico Vision Positioning System Market by Platform
9.3.4 Mexico Vision Positioning System Market by Application
9.4 Rest of North America Vision Positioning System Market
9.4.1 Rest of North America Vision Positioning System Market by Location
9.4.2 Rest of North America Vision Positioning System Market by Component
9.4.3 Rest of North America Vision Positioning System Market by Platform
9.4.4 Rest of North America Vision Positioning System Market by Application
Chapter 10. Company Profiles
10.1 ABB Ltd.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Product Launches and Product Expansions:
10.1.5.2 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Sick AG
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Cognex Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.3.5.2 Acquisition and Mergers:
10.3.6 SWOT Analysis
10.4 Omron Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Product Launches and Product Expansions:
10.4.6 SWOT Analysis
10.5 FANUC Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 MDA Ltd. (Northern Private Capital Inc.)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited)
10.7.1 Company Overview
10.7.2 Recent strategies and developments:
10.7.2.1 Partnerships, Collaborations, and Agreements:
10.7.2.2 Product Launches and Product Expansions:
10.7.3 SWOT Analysis
10.8 Parrot Drone SAS
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Partnerships, Collaborations, and Agreements:
10.8.6 SWOT Analysis
10.9 Seegrid Corporation
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Partnerships, Collaborations, and Agreements:
10.9.2.2 Product Launches and Product Expansions:
10.9.2.3 Acquisition and Mergers:
10.10. Verizon Communications, Inc. (Senion AB)
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental Analysis
10.10.4 SWOT Analysis

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