The Vision Positioning Market is expected to register a CAGR of 9.4% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Component (Sensors, Camera Systems, Visual Markers, Others); Solution (Navigation, Analytics, Tracking, Industrial Solutions, Others); Platform (Unmanned Aerial Vehicle/Drones, Robotics, Automated Guided Vehicle, Others); Location (Indoor Positioning System, Outdoor Positioning System); Application (Commercial, Defense). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Vision Positioning Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Vision Positioning Market Segmentation
Component- Sensors
- Camera Systems
- Visual Markers
- Others
- Navigation
- Analytics
- Tracking
- Industrial Solutions
- Others
- Unmanned Aerial Vehicle/Drones
- Robotics
- Automated Guided Vehicle
- Others
- Indoor Positioning System
- Outdoor Positioning System
- Commercial
- Defense
Strategic Insights
Vision Positioning Market Growth Drivers- Growth of Autonomous Vehicles: Vision-based positioning systems serve as a major component in autonomous vehicles (AVs), as they rely on cameras and sensors in navigation, obstacle detection, and mapping. The VPS enables AVs to traverse unknown operating environments while assuring safety, lessening dependence on the GPS signal, and improving accuracy under extremely difficult conditions.
- Rise in Demand for Indoor Navigation: Vision-based positioning system is one of the indispensable components inherent to autonomous vehicles, which rely on cameras and sensors for navigation, obstacle detection, and mapping. VPS is thus implied to help AVs traverse unknown terrain, thereby promoting safety, relaxing the dependability on GPS, and enhancing accuracy in challenging contexts.
- Miniaturization and Integration with Other Sensors: One of the key trends in the vision positioning market is the miniaturization of vision-based positioning systems, making them more compact and easier to integrate into various devices. Smaller, more efficient sensors, cameras, and processors allow for vision positioning systems to be embedded in a wide range of applications, from mobile devices to drones and autonomous vehicles. The trend towards integrating vision positioning with other sensor technologies, such as LiDAR and GPS, is also gaining traction to improve accuracy and robustness, especially in challenging environments.
- Increased Adoption of 3D Vision and Mapping Technologies: The demand for 3D vision and mapping technologies is a growing trend in the vision positioning market. With advancements in 3D imaging, depth sensing, and computer vision, companies can now create detailed 3D models of environments, improving positioning accuracy and spatial awareness. This trend is particularly important in industries like robotics, autonomous vehicles, and construction, where 3D mapping provides a higher level of precision compared to traditional 2D systems. As industries increasingly require detailed environmental mapping and real-time analysis, the adoption of 3D vision positioning technologies is expected to continue rising.
- Expansion in the Industrial Automation and Robotics Sector: Vision positioning technology offers significant opportunities in industrial automation, where robots and automated systems are used for tasks like assembly, material handling, and inspection. In this sector, vision positioning systems can provide precise location tracking and environmental awareness, enabling robots to operate autonomously in complex and dynamic environments. The growing demand for automation in manufacturing plants, warehouses, and distribution centers presents a strong opportunity for vision positioning solutions to improve operational efficiency, reduce costs, and increase productivity.
- Integration of Vision Positioning in Augmented Reality (AR) Applications: As augmented reality (AR) technologies continue to evolve, there is a growing opportunity for vision positioning to play a key role in AR applications. Vision positioning can enhance AR systems by providing accurate spatial mapping and real-time tracking of physical objects. This is particularly valuable in industries such as retail, education, healthcare, and entertainment, where AR can be used for virtual training, product visualization, or navigation. As the AR market grows, the demand for high-precision vision positioning systems will increase, offering manufacturers and developers new opportunities for innovation and market growth.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Vision Positioning Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Vision Positioning Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Growth in Robotics and Industrial Automation is anticipated to play a significant role in the global Vision Positioning market in the coming years
The major factors driving the Vision Positioning market are Growth of Autonomous Vehicles and Rise in Demand for Indoor Navigation.
The Vision Positioning Market is estimated to witness a CAGR of 9.4% from 2023 to 2031
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1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Vision Positioning Market - By Component
1.3.2Vision Positioning Market - By Solution
1.3.3Vision Positioning Market - By Platform
1.3.4Vision Positioning Market - By Location
1.3.5Vision Positioning Market - By Application
1.3.6Vision Positioning Market - By Region
1.3.6.1By Country
2.KEY TAKEWAYS
3.RESEARCH METHODOLOGY
4.VISION POSITIONING MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.VISION POSITIONING MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6.VISION POSITIONING MARKET - GLOBAL MARKET ANALYSIS
6.1.VISION POSITIONING - GLOBAL MARKET OVERVIEW
6.2.VISION POSITIONING - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.VISION POSITIONING MARKET - REVENUE AND FORECASTS TO 2028 – COMPONENT
7.1.OVERVIEW
7.2.COMPONENT MARKET FORECASTS AND ANALYSIS
7.3.SENSORS
7.3.1.Overview
7.3.2.Sensors Market Forecast and Analysis
7.4.CAMERA SYSTEMS
7.4.1.Overview
7.4.2.Camera Systems Market Forecast and Analysis
7.5.VISUAL MARKERS
7.5.1.Overview
7.5.2.Visual Markers Market Forecast and Analysis
7.6.OTHERS
7.6.1.Overview
7.6.2.Others Market Forecast and Analysis
8.VISION POSITIONING MARKET - REVENUE AND FORECASTS TO 2028 – SOLUTION
8.1.OVERVIEW
8.2.SOLUTION MARKET FORECASTS AND ANALYSIS
8.3.NAVIGATION
8.3.1.Overview
8.3.2.Navigation Market Forecast and Analysis
8.4.ANALYTICS
8.4.1.Overview
8.4.2.Analytics Market Forecast and Analysis
8.5.TRACKING
8.5.1.Overview
8.5.2.Tracking Market Forecast and Analysis
8.6.INDUSTRIAL SOLUTIONS
8.6.1.Overview
8.6.2.Industrial Solutions Market Forecast and Analysis
8.7.OTHERS
8.7.1.Overview
8.7.2.Others Market Forecast and Analysis
9.VISION POSITIONING MARKET - REVENUE AND FORECASTS TO 2028 – PLATFORM
9.1.OVERVIEW
9.2.PLATFORM MARKET FORECASTS AND ANALYSIS
9.3.UNMANNED AERIAL VEHICLE/DRONES
9.3.1.Overview
9.3.2.Unmanned Aerial Vehicle/Drones Market Forecast and Analysis
9.4.ROBOTICS
9.4.1.Overview
9.4.2.Robotics Market Forecast and Analysis
9.5.AUTOMATED GUIDED VEHICLE
9.5.1.Overview
9.5.2.Automated Guided Vehicle Market Forecast and Analysis
9.6.OTHERS
9.6.1.Overview
9.6.2.Others Market Forecast and Analysis
10.VISION POSITIONING MARKET - REVENUE AND FORECASTS TO 2028 – LOCATION
10.1.OVERVIEW
10.2.LOCATION MARKET FORECASTS AND ANALYSIS
10.3.INDOOR POSITIONING SYSTEM
10.3.1.Overview
10.3.2.Indoor Positioning System Market Forecast and Analysis
10.4.OUTDOOR POSITIONING SYSTEM
10.4.1.Overview
10.4.2.Outdoor Positioning System Market Forecast and Analysis
11.VISION POSITIONING MARKET - REVENUE AND FORECASTS TO 2028 – APPLICATION
11.1.OVERVIEW
11.2.APPLICATION MARKET FORECASTS AND ANALYSIS
11.3.COMMERCIAL
11.3.1.Overview
11.3.2.Commercial Market Forecast and Analysis
11.4.DEFENSE
11.4.1.Overview
11.4.2.Defense Market Forecast and Analysis
12.VISION POSITIONING MARKET REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
12.1.NORTH AMERICA
12.1.1North America Vision Positioning Market Overview
12.1.2North America Vision Positioning Market Forecasts and Analysis
12.1.3North America Vision Positioning Market Forecasts and Analysis - By Component
12.1.4North America Vision Positioning Market Forecasts and Analysis - By Solution
12.1.5North America Vision Positioning Market Forecasts and Analysis - By Platform
12.1.6North America Vision Positioning Market Forecasts and Analysis - By Location
12.1.7North America Vision Positioning Market Forecasts and Analysis - By Application
12.1.8North America Vision Positioning Market Forecasts and Analysis - By Countries
12.1.8.1United States Vision Positioning Market
12.1.8.1.1United States Vision Positioning Market by Component
12.1.8.1.2United States Vision Positioning Market by Solution
12.1.8.1.3United States Vision Positioning Market by Platform
12.1.8.1.4United States Vision Positioning Market by Location
12.1.8.1.5United States Vision Positioning Market by Application
12.1.8.2Canada Vision Positioning Market
12.1.8.2.1Canada Vision Positioning Market by Component
12.1.8.2.2Canada Vision Positioning Market by Solution
12.1.8.2.3Canada Vision Positioning Market by Platform
12.1.8.2.4Canada Vision Positioning Market by Location
12.1.8.2.5Canada Vision Positioning Market by Application
12.1.8.3Mexico Vision Positioning Market
12.1.8.3.1Mexico Vision Positioning Market by Component
12.1.8.3.2Mexico Vision Positioning Market by Solution
12.1.8.3.3Mexico Vision Positioning Market by Platform
12.1.8.3.4Mexico Vision Positioning Market by Location
12.1.8.3.5Mexico Vision Positioning Market by Application
12.2.EUROPE
12.2.1Europe Vision Positioning Market Overview
12.2.2Europe Vision Positioning Market Forecasts and Analysis
12.2.3Europe Vision Positioning Market Forecasts and Analysis - By Component
12.2.4Europe Vision Positioning Market Forecasts and Analysis - By Solution
12.2.5Europe Vision Positioning Market Forecasts and Analysis - By Platform
12.2.6Europe Vision Positioning Market Forecasts and Analysis - By Location
12.2.7Europe Vision Positioning Market Forecasts and Analysis - By Application
12.2.8Europe Vision Positioning Market Forecasts and Analysis - By Countries
12.2.8.1Germany Vision Positioning Market
12.2.8.1.1Germany Vision Positioning Market by Component
12.2.8.1.2Germany Vision Positioning Market by Solution
12.2.8.1.3Germany Vision Positioning Market by Platform
12.2.8.1.4Germany Vision Positioning Market by Location
12.2.8.1.5Germany Vision Positioning Market by Application
12.2.8.2France Vision Positioning Market
12.2.8.2.1France Vision Positioning Market by Component
12.2.8.2.2France Vision Positioning Market by Solution
12.2.8.2.3France Vision Positioning Market by Platform
12.2.8.2.4France Vision Positioning Market by Location
12.2.8.2.5France Vision Positioning Market by Application
12.2.8.3Italy Vision Positioning Market
12.2.8.3.1Italy Vision Positioning Market by Component
12.2.8.3.2Italy Vision Positioning Market by Solution
12.2.8.3.3Italy Vision Positioning Market by Platform
12.2.8.3.4Italy Vision Positioning Market by Location
12.2.8.3.5Italy Vision Positioning Market by Application
12.2.8.4United Kingdom Vision Positioning Market
12.2.8.4.1United Kingdom Vision Positioning Market by Component
12.2.8.4.2United Kingdom Vision Positioning Market by Solution
12.2.8.4.3United Kingdom Vision Positioning Market by Platform
12.2.8.4.4United Kingdom Vision Positioning Market by Location
12.2.8.4.5United Kingdom Vision Positioning Market by Application
12.2.8.5Russia Vision Positioning Market
12.2.8.5.1Russia Vision Positioning Market by Component
12.2.8.5.2Russia Vision Positioning Market by Solution
12.2.8.5.3Russia Vision Positioning Market by Platform
12.2.8.5.4Russia Vision Positioning Market by Location
12.2.8.5.5Russia Vision Positioning Market by Application
12.2.8.6Rest of Europe Vision Positioning Market
12.2.8.6.1Rest of Europe Vision Positioning Market by Component
12.2.8.6.2Rest of Europe Vision Positioning Market by Solution
12.2.8.6.3Rest of Europe Vision Positioning Market by Platform
12.2.8.6.4Rest of Europe Vision Positioning Market by Location
12.2.8.6.5Rest of Europe Vision Positioning Market by Application
12.3.ASIA-PACIFIC
12.3.1Asia-Pacific Vision Positioning Market Overview
12.3.2Asia-Pacific Vision Positioning Market Forecasts and Analysis
12.3.3Asia-Pacific Vision Positioning Market Forecasts and Analysis - By Component
12.3.4Asia-Pacific Vision Positioning Market Forecasts and Analysis - By Solution
12.3.5Asia-Pacific Vision Positioning Market Forecasts and Analysis - By Platform
12.3.6Asia-Pacific Vision Positioning Market Forecasts and Analysis - By Location
12.3.7Asia-Pacific Vision Positioning Market Forecasts and Analysis - By Application
12.3.8Asia-Pacific Vision Positioning Market Forecasts and Analysis - By Countries
12.3.8.1Australia Vision Positioning Market
12.3.8.1.1Australia Vision Positioning Market by Component
12.3.8.1.2Australia Vision Positioning Market by Solution
12.3.8.1.3Australia Vision Positioning Market by Platform
12.3.8.1.4Australia Vision Positioning Market by Location
12.3.8.1.5Australia Vision Positioning Market by Application
12.3.8.2China Vision Positioning Market
12.3.8.2.1China Vision Positioning Market by Component
12.3.8.2.2China Vision Positioning Market by Solution
12.3.8.2.3China Vision Positioning Market by Platform
12.3.8.2.4China Vision Positioning Market by Location
12.3.8.2.5China Vision Positioning Market by Application
12.3.8.3India Vision Positioning Market
12.3.8.3.1India Vision Positioning Market by Component
12.3.8.3.2India Vision Positioning Market by Solution
12.3.8.3.3India Vision Positioning Market by Platform
12.3.8.3.4India Vision Positioning Market by Location
12.3.8.3.5India Vision Positioning Market by Application
12.3.8.4Japan Vision Positioning Market
12.3.8.4.1Japan Vision Positioning Market by Component
12.3.8.4.2Japan Vision Positioning Market by Solution
12.3.8.4.3Japan Vision Positioning Market by Platform
12.3.8.4.4Japan Vision Positioning Market by Location
12.3.8.4.5Japan Vision Positioning Market by Application
12.3.8.5South Korea Vision Positioning Market
12.3.8.5.1South Korea Vision Positioning Market by Component
12.3.8.5.2South Korea Vision Positioning Market by Solution
12.3.8.5.3South Korea Vision Positioning Market by Platform
12.3.8.5.4South Korea Vision Positioning Market by Location
12.3.8.5.5South Korea Vision Positioning Market by Application
12.3.8.6Rest of Asia-Pacific Vision Positioning Market
12.3.8.6.1Rest of Asia-Pacific Vision Positioning Market by Component
12.3.8.6.2Rest of Asia-Pacific Vision Positioning Market by Solution
12.3.8.6.3Rest of Asia-Pacific Vision Positioning Market by Platform
12.3.8.6.4Rest of Asia-Pacific Vision Positioning Market by Location
12.3.8.6.5Rest of Asia-Pacific Vision Positioning Market by Application
12.4.MIDDLE EAST AND AFRICA
12.4.1Middle East and Africa Vision Positioning Market Overview
12.4.2Middle East and Africa Vision Positioning Market Forecasts and Analysis
12.4.3Middle East and Africa Vision Positioning Market Forecasts and Analysis - By Component
12.4.4Middle East and Africa Vision Positioning Market Forecasts and Analysis - By Solution
12.4.5Middle East and Africa Vision Positioning Market Forecasts and Analysis - By Platform
12.4.6Middle East and Africa Vision Positioning Market Forecasts and Analysis - By Location
12.4.7Middle East and Africa Vision Positioning Market Forecasts and Analysis - By Application
12.4.8Middle East and Africa Vision Positioning Market Forecasts and Analysis - By Countries
12.4.8.1South Africa Vision Positioning Market
12.4.8.1.1South Africa Vision Positioning Market by Component
12.4.8.1.2South Africa Vision Positioning Market by Solution
12.4.8.1.3South Africa Vision Positioning Market by Platform
12.4.8.1.4South Africa Vision Positioning Market by Location
12.4.8.1.5South Africa Vision Positioning Market by Application
12.4.8.2Saudi Arabia Vision Positioning Market
12.4.8.2.1Saudi Arabia Vision Positioning Market by Component
12.4.8.2.2Saudi Arabia Vision Positioning Market by Solution
12.4.8.2.3Saudi Arabia Vision Positioning Market by Platform
12.4.8.2.4Saudi Arabia Vision Positioning Market by Location
12.4.8.2.5Saudi Arabia Vision Positioning Market by Application
12.4.8.3U.A.E Vision Positioning Market
12.4.8.3.1U.A.E Vision Positioning Market by Component
12.4.8.3.2U.A.E Vision Positioning Market by Solution
12.4.8.3.3U.A.E Vision Positioning Market by Platform
12.4.8.3.4U.A.E Vision Positioning Market by Location
12.4.8.3.5U.A.E Vision Positioning Market by Application
12.4.8.4Rest of Middle East and Africa Vision Positioning Market
12.4.8.4.1Rest of Middle East and Africa Vision Positioning Market by Component
12.4.8.4.2Rest of Middle East and Africa Vision Positioning Market by Solution
12.4.8.4.3Rest of Middle East and Africa Vision Positioning Market by Platform
12.4.8.4.4Rest of Middle East and Africa Vision Positioning Market by Location
12.4.8.4.5Rest of Middle East and Africa Vision Positioning Market by Application
12.5.SOUTH AND CENTRAL AMERICA
12.5.1South and Central America Vision Positioning Market Overview
12.5.2South and Central America Vision Positioning Market Forecasts and Analysis
12.5.3South and Central America Vision Positioning Market Forecasts and Analysis - By Component
12.5.4South and Central America Vision Positioning Market Forecasts and Analysis - By Solution
12.5.5South and Central America Vision Positioning Market Forecasts and Analysis - By Platform
12.5.6South and Central America Vision Positioning Market Forecasts and Analysis - By Location
12.5.7South and Central America Vision Positioning Market Forecasts and Analysis - By Application
12.5.8South and Central America Vision Positioning Market Forecasts and Analysis - By Countries
12.5.8.1Brazil Vision Positioning Market
12.5.8.1.1Brazil Vision Positioning Market by Component
12.5.8.1.2Brazil Vision Positioning Market by Solution
12.5.8.1.3Brazil Vision Positioning Market by Platform
12.5.8.1.4Brazil Vision Positioning Market by Location
12.5.8.1.5Brazil Vision Positioning Market by Application
12.5.8.2Argentina Vision Positioning Market
12.5.8.2.1Argentina Vision Positioning Market by Component
12.5.8.2.2Argentina Vision Positioning Market by Solution
12.5.8.2.3Argentina Vision Positioning Market by Platform
12.5.8.2.4Argentina Vision Positioning Market by Location
12.5.8.2.5Argentina Vision Positioning Market by Application
12.5.8.3Rest of South and Central America Vision Positioning Market
12.5.8.3.1Rest of South and Central America Vision Positioning Market by Component
12.5.8.3.2Rest of South and Central America Vision Positioning Market by Solution
12.5.8.3.3Rest of South and Central America Vision Positioning Market by Platform
12.5.8.3.4Rest of South and Central America Vision Positioning Market by Location
12.5.8.3.5Rest of South and Central America Vision Positioning Market by Application
13.INDUSTRY LANDSCAPE
13.1.MERGERS AND ACQUISITIONS
13.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3.NEW PRODUCT LAUNCHES
13.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14.VISION POSITIONING MARKET, KEY COMPANY PROFILES
14.1.ABB LTD.
14.1.1.Key Facts
14.1.2.Business Description
14.1.3.Products and Services
14.1.4.Financial Overview
14.1.5.SWOT Analysis
14.1.6.Key Developments
14.2.ADTECH (SHENZHEN) TECHNOLOGY CO., LTD.
14.2.1.Key Facts
14.2.2.Business Description
14.2.3.Products and Services
14.2.4.Financial Overview
14.2.5.SWOT Analysis
14.2.6.Key Developments
14.3.COGNEX CORPORATION
14.3.1.Key Facts
14.3.2.Business Description
14.3.3.Products and Services
14.3.4.Financial Overview
14.3.5.SWOT Analysis
14.3.6.Key Developments
14.4.FANUC CORPORATION
14.4.1.Key Facts
14.4.2.Business Description
14.4.3.Products and Services
14.4.4.Financial Overview
14.4.5.SWOT Analysis
14.4.6.Key Developments
14.5.INFSOFT GMBH
14.5.1.Key Facts
14.5.2.Business Description
14.5.3.Products and Services
14.5.4.Financial Overview
14.5.5.SWOT Analysis
14.5.6.Key Developments
14.6.OMRON CORPORATION
14.6.1.Key Facts
14.6.2.Business Description
14.6.3.Products and Services
14.6.4.Financial Overview
14.6.5.SWOT Analysis
14.6.6.Key Developments
14.7.PEPPERL+FUCHS
14.7.1.Key Facts
14.7.2.Business Description
14.7.3.Products and Services
14.7.4.Financial Overview
14.7.5.SWOT Analysis
14.7.6.Key Developments
14.8.SENION AB
14.8.1.Key Facts
14.8.2.Business Description
14.8.3.Products and Services
14.8.4.Financial Overview
14.8.5.SWOT Analysis
14.8.6.Key Developments
14.9.SICK AG
14.9.1.Key Facts
14.9.2.Business Description
14.9.3.Products and Services
14.9.4.Financial Overview
14.9.5.SWOT Analysis
14.9.6.Key Developments
14.10.SZ DJI TECHNOLOGY CO., LTD.
14.10.1.Key Facts
14.10.2.Business Description
14.10.3.Products and Services
14.10.4.Financial Overview
14.10.5.SWOT Analysis
14.10.6.Key Developments
15.APPENDIX
15.1.ABOUT THE INSIGHT PARTNERS
15.2.GLOSSARY OF TERMS
1. ABB Ltd.
2. Adtech (Shenzhen) Technology Co., Ltd.
3. Cognex Corporation
4. Fanuc Corporation
5. Infsoft GmbH
6. Omron Corporation
7. Pepperl+Fuchs
8. Senion AB
9. Sick AG
10. SZ DJI Technology Co., Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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