3D Sensors Market Report Analysis by Size and Growth

3D Sensors Market to 2027 - Global Analysis and Forecasts By Technology (Stereo Vision, Time-Of-Flight, and Structured Light); End-user Verticals (Healthcare, Aerospace, Industrial, Automotive, Consumer Electronics, and Others)

  • Report Code : TIPTE100000302
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 150
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[Research Report] The 3D sensors market was valued at US$ 4,805.7 million in 2018 and is projected to reach US$ 71,914.2 million by 2027; it is expected to grow at a CAGR of 32.5% during 2019–2027. 

3D sensors use active-range sensors that provide depth images at high frame rates. These cameras are equipped with an IR light source that illuminates the field, and a CMOS/CCD sensor that captures the reflected IR light. The depth measurement is based on the ToF principle; thus, the depth is proportional to the time spent by the IR signal to reach the object or filed of observation and come back. The depth measurements obtained for each pixel of the sensor together produce a depth image. The fast acquisition of depth images is of great use in a wide range of end-user verticals, such as robotics, human–machine interaction, and scene modeling. Unfortunately, many of the currently available ToF cameras have low resolutions and are affected by different measuring errors, including noise caused by sensors, systematic wiggling error due to the difficulty of generating sinusoidal signals, a non-linear depth offsets dependent on reflectivity and integration-time, and the flying pixels generated by the superposition of signals at depth inhomogeneities (edges). As a result, ToF sensors provide accurate and precise depth measurements. The currently available multi-ToF sensor systems focus on combining depth images to build 3D reconstructions by relying on occupancy probability grids or registering the point clouds generated from different views, etc.

The ToF techniques have been in use for more than a decade for ranging purposes. SONAR and RADAR are the two techniques that exploit sound and radio signals of ToF principles, particularly in aerospace and aeronautic end-user verticals. More recently, with the improvement and the maturity of electronic devices, it has been possible to employ light signals for ToF systems. End-user verticals using such a system are numerous, especially in industrial and consumer fields. In general, there are two techniques of measuring distance with modern ToF sensors: pulsed-modulation or continuous-wave (CW) modulation. Advanced ToF systems deploy multi-frequency technologies, combining more modulation frequencies.

Lucrative Regions for 3D Sensors Market

Lucrative Regions for 3D Sensors Market

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights–3D Sensors Market 

Increased Demand for Smart Consumer Electronics

The consumer electronics industry is witnessing immense growth in both developed and developing countries, and advancements and smart features that are offered by the manufacturing companies have been the major contributors to this growth.

Currently, various consumer electronics devices are used by individuals for a plethora of tasks. Consumer electronics such as smartphones, tablets, PCs, TVs, washing machines, fridge, and music players have become integral part of routine lives. All these devices are becoming smarter with the ongoing technological advancements and integration of Internet of Things (IoT) and Artificial Intelligence (AI). The advancements in the sensor technology has paved the way for remarkable growth of IoT and AI in most of the technological arenas including the automotive sector. The market for consumer electronics devices is constantly growing with the manufacturers coming up with advanced technologies and features in their devices on a regular basis and rising disposable incomes of users in the developed and developing economies.

Some of the prominent smartphone manufacturers have pioneered the integration of 3D ToF sensors into their smartphone models. Leading global smartphone manufacturers such as Huawei, Samsung, Oppo, LG, and Apple are the pioneers in the integration of 3D ToF sensors into various models. Huawei P30 Pro, Samsung Galaxy S10 5G, Oppo RX17 Pro, Honor View 20, LG G8 ThinQ, and iPhone 2020 models have integrated or have planned to integrate the 3D ToF sensors into the models.

End-User Verticals Segment Insights

Based on end-user verticals, the 3D sensors market is segmented into healthcare, aerospace, industrial, automotive, consumer electronics, and others. Gadgets that were once bulky are now becoming more lightweight and miniaturized, with sensors that can gauge shapes in real time. A large number of new applications are coming up in the market due to speedy technological advancements. These technologies are now offering huge opportunities across different industry verticals, such as automotive, defense, healthcare, aerospace, robotics, electronics consumables, semiconductors, and retail, where 3D sensors can be used. Companies are now creating partnerships and increasing their collaborative efforts to bring more 3D applications.

Technology Segment Insights

Based on technology, the 3D sensors market is bifurcated into stereo vision, time-of-flight, and structured light. 3D sensors play a pivotal role in depth sensing to link devices in the real world. Continuous advancements in 3D sensors through comprehensive R&D have fueled creativity in the market for 3D sensors. Apart from being adopted in automotive, healthcare, robotics, and defense, 3D sensors are widely used in consumer electronics such as televisions, smartphones, and laptops. 3D sensors are also incorporated in wearable devices in addition to nanotechnology. Moreover, smartphone manufacturers are trying to incorporate 3D sensing technology in gaming and face recognition, among others. In the healthcare industry, 3D sensors assist in viewing the inner layers of skin, tumors, and veins. In the automotive industry, 3D sensors are widely used to get alerts in case of collision or imminent danger to avoid accidents. K-Series, iGPS, Laser line scanners, Laser Radar are among the products that are used in the aerospace and defense industry. The applications of 3D sensors will keep growing as there are novel inventions in electronics, automotive, and other industries.

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3D Sensors Market: Strategic Insights

3D Sensors Market

  • CAGR (2018 - 2027)
    32.5%
  • Market Size 2018
    US$ 4.81 Billion
  • Market Size 2027
    US$ 71.91 Billion

Market Dynamics

GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Key Players

  • AMS AG
  • Infineon Technologies AG
  • ifm electronic gmbh
  • Melexis
  • Sony Corporation
  • STMicroelectronics N.V.
  • Basler AG
  • Cognex Corporation
  • OmniVision Technologies, Inc.

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Technology
  • Stereo Vision
  • Time-Of-Flight
  • Structured Light
End-user Verticals
  • Healthcare
  • Aerospace
  • Industrial
  • Automotive
  • Consumer Electronics
  • Others
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.

  • 2019: AMS AG introduces a new ASV technology product portfolio that enables manufacturers of consumer, computing and industrial products to implement face recognition and other 3D sensing applications more easily and at a lower cost. Based on extensive 3D experience, ams has added Active Stereo Vision technology products to the portfolio to address additional and different 3D sensing applications as well as reach lower price points in the mobile segment. Also, AMS AG announced its partnership with SmartSens Technology, with this partnership AMS further expands its portfolio of three 3D technologies such as Time-of-Flight (ToF), active Stereo Vision (ASV), and Structured Light (SL) as well as accelerating time to market its new products.

The Global 3D Sensors Market has been Segmented as Follows:

Global 3D Sensors Market – By Technology

  • Stereo Vision
  • Time-Of-Flight
  • Structured Light

Global 3D Sensors Market – By End-user Verticals

  • Healthcare
  • Aerospace
  • Industrial
  • Automotive
  • Consumer Electronics
  • Others

Global 3D Sensors Market – By Geography

  • North America

    • U.S.
    • Canada
    • Mexico
  • Europe

    • Germany
    • France
    • Italy
    • United Kingdom
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)

    • China
    • Australia
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)

    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of Middle East and Africa
  • South America

    • Argentina
    • Brazil
    • Rest of South America (SAM)


Company Profiles

  • AMS AG
  • Infineon Technologies AG
  • Ifm Electronic Gmbh
  • Melexis
  • Sony Corporation
  • STMicroelectronics N.V.
  • Basler AG
  • Cognex Corporation
  • OmniVision Technologies, Inc.
  • LMI Technologies Inc.

3D Sensors Market Report Scope

Report Attribute Details
Market size in 2018 US$ 4.81 Billion
Market Size by 2027 US$ 71.91 Billion
Global CAGR (2018 - 2027) 32.5%
Historical Data 2016-2017
Forecast period 2019-2027
Segments Covered By Technology
  • Stereo Vision
  • Time-Of-Flight
  • Structured Light
By End-user Verticals
  • Healthcare
  • Aerospace
  • Industrial
  • Automotive
  • Consumer Electronics
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • AMS AG
  • Infineon Technologies AG
  • ifm electronic gmbh
  • Melexis
  • Sony Corporation
  • STMicroelectronics N.V.
  • Basler AG
  • Cognex Corporation
  • OmniVision Technologies, Inc.
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Technology, End-user Verticals

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina

    Frequently Asked Questions


    By Technology, which was the leading type to hold the largest share in the market and by what CAGR?

    The leading type of 3D sensor is the Time-of-Flight (ToF) that has noted to account a CAGR of 41.9%. ToF is regarded as the sensor that has materialized as a promising three-dimensional (3D) sensing technology that can be manufactured economically in a compact size. In ToF, an infrared strobe emits a bright, short pulse, and a custom detector with a very fast shutter speed measures the time that the light travels before hitting an object. However, current state-of-the-art ToF sensors suffer from low spatial resolution due to physical limitations in the fabrication process

    Which was the region to account the largest share for the 3D sensor market?

    The Asia Pacific region led the 3D sensor market with a market share of 48.3%in 2018. The continuous economic growth in developed and developing countries like India and China, coupled with the presence of huge disposable incomes with individuals in countries like Japan and Australia, has facilitated the rapid growth of the automotive industry in this region. The Asia Pacific is one of the world’s rapidly growing consumer electronic with China accounting for maximum 3D sensor device production. The rapid growth in industrialization and urbanization in the economy is positively impacting the growth of the 3D sensor market in the APAC region. Moreover, the market for the 3D sensor is expected to rise with the growth of end-user verticals industries.

    What is the major driving factor to favor the 3D sensor market all over the globe?

    Growing demand for the 3D sensor is a major breakthrough in technology. It is a deep sensing technology that enhances the capacity of a camera to recognize faces and objects. Major companies are using this technology for the development of face recognition in mobile phones and also to accelerate the development and commercialization of high resolution, low power active 3D depth-sensing camera system.

    The List of Companies

    1. AMS AG
    2. Infineon Technologies AG
    3. ifm electronic gmbh
    4. Melexis
    5. Sony Corporation
    6. STMicroelectronics N.V.
    7. Basler AG
    8. Cognex Corporation
    9. OmniVision Technologies, Inc.
    10. LMI Technologies Inc

    The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

    1. 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.

    1. 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.

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    Below is the breakup of our primary respondents by company, designation, and region:

    Research Methodology

    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.

    1. 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:

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    • 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.

    1. 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.

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