Latin America Vision Positioning System Market Size & Outlook
Latin America vision positioning system market, 2018-2030 (US$M)
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Latin America vision positioning system market highlights
- The Latin America vision positioning system market generated a revenue of USD 352.2 million in 2024.
- The market is expected to grow at a CAGR of 13.6% from 2025 to 2030.
- In terms of segment, camera was the largest revenue generating component in 2024.
- Markers is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 352.2 million |
| Market revenue in 2030 | USD 757.6 million |
| Growth rate | 13.6% (CAGR from 2024 to 2030) |
| Largest segment | Camera |
| Fastest growing segment | Markers |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sensors, Camera, Markers |
| Key market players worldwide | ABB Ltd, Cognex Corp, DJI, Fanuc Corp, OMRON Corp, Parrot SA, Pepperl+Fuchs, Seegrid, Senion, SICK, Inc, Swift Navigation, Skydio, Cepton |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.7% of the global vision positioning system market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,698.7 million by 2030.
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Vision Positioning System Market Scope
Vision Positioning System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America vision positioning system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vision positioning system market will help companies and investors design strategic landscapes.
Camera was the largest segment with a revenue share of 63.71% in 2024. Horizon Databook has segmented the Latin America vision positioning system market based on sensors, camera, markers covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America vision positioning system market databook
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Our clientele includes a mix of vision positioning system market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America vision positioning system market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America vision positioning system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America vision positioning system market size, by country, 2018-2030 (US$M)
Latin America Vision Positioning System Market Outlook Share, 2024 & 2030 (US$M)
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