Market Highlights
Sensors basically are used to detect changes in electrical or physical devices and will produce an output in the form of electrical or optical signal.
Based on the sensor type, the 3D sensor is differentiated into acoustic sensor, accelerometer sensor, image sensor and other. Acoustic sensors basically detect sound by means of using microphones or other types of filters. These sensors rely on modulation of surface acoustic waves to sensor. Also, Image sensor has gained the maximum market share in the year 2016 and is expected to be the prominent segment over the forecast period.
Different types of sensors are used in several applications right from operating a television remote to using an automatic door opening system. 3D sensors are increasingly being implemented across various applications such as industrial, automotive, logistics, aerospace and defense, consumer electronics and health care.
According to Market Research Future Analysis, 3D Sensor Market has been valued at 980.3 million and presumed to reach approx. USD 5.49 Billion with 27.69% of CAGR during forecast period 2017 to 2023.
Key Players
The prominent players in 3D sensor market are – Qualcomm, Inc. (U.S), Cognex Corporation (U.S), Microsoft Corporation (U.S), ASUSTek Computer Inc, (Taiwan), Intel Corporation (U.S), Infineon Technology (Germany), Microchip Technology (Chandler, Arizona), Occipital, Inc. (U.S), LMI Technologies (Canada), PMD Technologies AG (Germany).
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Regional Analysis:
Geographically, 3D sensor market has been bifurcated into North America, Europe, Asia Pacific and Rest of the World.
North America is expected to be the prominent region in 3D sensor market over the forecast period. This is attributed to the advancement of technology, increased demand for 3D imaging solution and growing requirement of security and surveillance is expected to add the fuel to the growth of 3D sensor market In North American region. U.S. and Canada are the prominent countries in North American region. This is due to U.S possess large number of market players of 3D sensor along with Canada where the demand for large number of connected devices. Additionally, Stereo Vision is dominating the market of 3D Sensor in North America with market share of 41.08%, in the year 2017
However, Asia Pacific is expected to foresee a promising region and better prospects for the 3D sensor market for the forecast period 2017-2023. Increased adoption rate of 3D sensors in logistics associated with the rising applications of 3D sensors in different verticals such as gaming, medical, automotive and consumer electronics. China and Japan are the leading countries of the Asia-Pacific region. This is attributed to rise in demand for synchronization of 3D sensors in consumer electronics in home appliances and other electronic devices in China. Also, with technological advancement in Artificial Intelligence (AI) in Japan are expected to boost the 3D sensor market over the forecast period.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Segments:
The 3D sensor is differentiated into technology, sensors type and application
Technology segment is sub segmented into projected light sensor, stereo-vision, time of flight sensors and ultra sound.
On the basis of sensor type, the 3D sensor segment is sub segmented into acoustic sensor, accelerometer sensor, image sensor and other.
The 3D sensor is further divided based on application. Applications includes industrial, automotive, logistic, aerospace and defense, consumer electronics, healthcare and others.
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Intended Audience:
- Technology Investors
- Research/Consultancy Firms
- 3D sensor providers and distributors
- End users of 3D sensors and products
- Original equipment manufacturers (OEMs)
- Product manufacturers and suppliers
- Research organizations and consulting companies
- Semiconductor and component vendors
- Government agencies
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