Product Code: ETC4558285 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India vision positioning system market import shipment demonstrated robust growth from 2020 to 2024, with a notable CAGR of 45.1%. The momentum accelerated significantly between 2023 and 2024, showing a growth rate of 92.5%. The market expanded rapidly, indicating a strong upward trend and high demand in this sector.
The India Vision Positioning System market is evolving with the increasing demand for accurate and real-time position and navigation information across various sectors, including robotics, drones, and autonomous vehicles. Vision positioning systems rely on visual data to determine an object`s position and orientation. In India, applications for these systems span agriculture, logistics, surveillance, and autonomous transportation. As the country embraces automation and robotics in diverse industries, the market for vision positioning systems is expanding, attracting both local and global players.
The India Vision Positioning System Market is driven by the adoption of autonomous and unmanned systems in various sectors, including agriculture, manufacturing, and transportation. These systems rely on vision positioning for precise navigation and mapping. The demand for advanced vision positioning technology is growing as industries seek to improve automation and operational accuracy.
Challenges in this market include the need to improve accuracy and reliability while reducing costs for vision positioning systems. Ensuring robust performance in various environments and terrains, alongside developing systems that work seamlessly in challenging conditions, poses a hurdle. Additionally, integrating these systems across different applications without compromising precision remains a challenge.
The market for vision positioning systems faced challenges during the pandemic due to delays in construction and automation projects. However, the growing importance of precise positioning and navigation will drive demand for these systems in various sectors.
Key players in the India vision positioning system market include DJI, Lumentum Holdings Inc., Omron Corporation, Velodyne Lidar, and Cognex Corporation.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Vision Positioning System Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Vision Positioning System Market Revenues & Volume, 2021 & 2031F |
3.3 India Vision Positioning System Market - Industry Life Cycle |
3.4 India Vision Positioning System Market - Porter's Five Forces |
3.5 India Vision Positioning System Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 India Vision Positioning System Market Revenues & Volume Share, By Location, 2021 & 2031F |
3.7 India Vision Positioning System Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Vision Positioning System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of autonomous vehicles and drones in India |
4.2.2 Growing demand for accurate navigation and location-based services |
4.2.3 Government initiatives promoting the use of vision positioning systems in various sectors |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with vision positioning systems |
4.3.2 Lack of skilled professionals for deploying and maintaining these systems |
4.3.3 Concerns regarding data privacy and security issues related to vision positioning technology |
5 India Vision Positioning System Market Trends |
6 India Vision Positioning System Market, By Types |
6.1 India Vision Positioning System Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 India Vision Positioning System Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 India Vision Positioning System Market Revenues & Volume, By Sensors, 2021-2031F |
6.1.4 India Vision Positioning System Market Revenues & Volume, By Camera Systems, 2021-2031F |
6.1.5 India Vision Positioning System Market Revenues & Volume, By Markers, 2021-2031F |
6.2 India Vision Positioning System Market, By Location |
6.2.1 Overview and Analysis |
6.2.2 India Vision Positioning System Market Revenues & Volume, By Indoor Positioning, 2021-2031F |
6.2.3 India Vision Positioning System Market Revenues & Volume, By Outdoor Positioning, 2021-2031F |
6.3 India Vision Positioning System Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Vision Positioning System Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.3 India Vision Positioning System Market Revenues & Volume, By Defense, 2021-2031F |
7 India Vision Positioning System Market Import-Export Trade Statistics |
7.1 India Vision Positioning System Market Export to Major Countries |
7.2 India Vision Positioning System Market Imports from Major Countries |
8 India Vision Positioning System Market Key Performance Indicators |
8.1 Accuracy of location data captured by vision positioning systems |
8.2 Number of new applications and use cases utilizing vision positioning technology |
8.3 Rate of adoption of vision positioning systems in key industries in India |
9 India Vision Positioning System Market - Opportunity Assessment |
9.1 India Vision Positioning System Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 India Vision Positioning System Market Opportunity Assessment, By Location, 2021 & 2031F |
9.3 India Vision Positioning System Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Vision Positioning System Market - Competitive Landscape |
10.1 India Vision Positioning System Market Revenue Share, By Companies, 2024 |
10.2 India Vision Positioning System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |