Global 3D Sensor Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028.
The 3D Sensor is a combination of varied sensing elements like TOF, ultrasound, and structured light technologies that augment camera capabilities for facial and object recognition. These Sensors include various devices which respond to external surroundings in 3-dimension by producing 3D maps of the user's location. 3D Sensors are gaining huge traction among various end-use verticals such as security & surveillance, consumer electronics, entertainment, aerospace & defense, security & surveillance, healthcare, and many others. The growing demand for 3D Sensors enabled consumer electronics, rising need for security & surveillance systems, increasing adoption of image Sensors in automobiles are the primary factors that are propelling the market demand across the globe. For instance, according to the India Brand Equity Foundation (IBEF), in India, the consumer electronics and appliance market was stood at USD 10.93 billion (INR 76,400 crore) in 2019. Moreover, the ACE market industry is estimated to double to reach USD 21.18 billion (INR 1.48 lakh crore) by 2025. Consequentially, the growth of the consumer electronics sector is surging demand for 3D Sensors, thus, in turn, impels the market growth in the near future. However, the high manufacturing cost of image Sensors and limited integration with other devices impedes the growth of the market over the forecast period of 2022-2028. Also, the rising penetration of 3D depth Sensors in various devices and increasing demand for virtual reality in gaming consoles is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global 3D SSensor Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the emergence of novel technologies, as well as increasing investments in the R&D activities by the leading companies. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as rising demand for consumer electronics, the presence of well-established market players, and the proliferation of the internet, would create lucrative growth prospects for the 3D Sensor market across the Asia-Pacific region.
Major market players included in this report are:
Infineon Technologies AG
OmniVision Technologies, Inc.
Sony Corporation
Cognex Corporation
Lumentum Operations LLC
IFM electronic GmbH
Intel Corporation
Keyence Corporation
LMI Technologies Inc.
Microchip Technology Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Image Sensors
Position Sensors
Acoustic Sensors
Accelerometers
Others
By Technology:
Stereo Vision
Structured Light
Time of Flight
Ultrasound
Others
By Connectivity:
Wired network Connectivity
Wireless Network Connectivity
By End Use Industry:
Consumer Electronics
Healthcare
Aerospace & Defense
Industrial Robotics
Entertainment
Automotive
Security & Surveillance
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global 3D Sensor Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors