VISION POSITIONING SYSTEM MARKET VISION POSITIONING SYSTEM MARKET BY COMPONENT (SENSORS, CAMERA SYSTEMS, MARKERS), LOCATION (INDOOR POSITIONING, OUTDOOR POSITIONING), SOLUTION, PLATFORM, APPLICATION (COMMERCIAL, DEFENSE), AND REGION - GLOBAL FORECAST TO 2022
The report "Vision Positioning System Market by Component (Sensors, Camera Systems, Markers), Location (Indoor Positioning, Outdoor Positioning), Solution, Platform, Application (Commercial, Defense), and Region - Global Forecast to 2022", The vision positioning system market is estimated to be valued at USD 5.58 Billion in 2017 and is projected to reach USD 9.25 Billion by 2022, at a CAGR of 10.65% from 2017 to 2022.
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â– The camera systems segment is expected to be the major contributor to the overall vision positioning system market. Camera systems are used to capture real-time images to the processors which store the images in memory. In camera systems various sensors are used, such as pressure, heat, proximity, and accelerometers, among others that provide information about the environment. Other components such as processors and communication devices control operations and provide operational data to operators. â– The commercial sector is projected to register the highest growth in almost all countries across the world. The commercial application segment is estimated to account for the largest share of the vision positioning system market in 2017 due to the high usage of vision positioning systems in the automotive industry and increasing automation in various other industries in almost all countries across the world. This segment is also projected to grow at the highest CAGR from 2017 to 2022.
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