3D Sensor Market

3D Sensor Market was valued at USD 1,943 Million in 2020 and is expected to register a CAGR of 28.1% during the forecast period.

Introduction of the 3D Sensor Market Report

3D Sensors are depth-sensing technology that augments camera capabilities for facial and objects recognition. 3D sensors capture the real-world objects’ length, width, and height with much clarity and in-depth detail. 3D sensing technology imitates the human visual system using optical technology, facilitating the emergence and integration of reality, AI, and IoT.

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Market Dynamic

Key Drivers and Emerging Trends

The increase in 3D sensing technology use has involved manufacturers in developing high-quality sensors that can leverage new and existing technologies. 3D sensors are used in augmented reality, mapping and biometric sensors and are further propelling the market growth. Moreover, increased demand for 3D sensors in imaging applications, virtual reality, and gaming, security, and surveillance contributes to the market. It is also used by artists, engineers, and architects for designing a 3D model which can be another factor for the increase in market growth.
3D depth-sensing is used in electronics for the measurement of objects in three dimensions. This technology is gaining importance in different industries and applications. These applications include automation, robotics, electronics, and many others. Depth sensors can measure distance and help navigate routes, which can be helpful in the automation industry. Moreover, 3D depth sensors deliver high-quality 3D scanners, helping retailers to understand the fitting of the clothes and shoes virtually. Therefore, this feature would support online shopping and support market growth of the 3D sensors market.

Restraint in the 3D Sensor Market

However, 3D Sensors’ high maintenance cost, lack of manufacturing excellence, and complexity can hamper the market growth. Images captured using 3D sensors require a larger chip size which will automatically increase the process cost. Shrinking the pixel pitch to reduce the cost may affect the image performance.

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Technology – Segment Analysis

Based on technology, the time-of-flight segment is projected to witness higher growth in the coming years. Time of flight allows electronic devices to build a 3-dimensional map of the scene in front of the electronic gadget, whether a room, a moving or stable object, or a person, and translate the map to the digital world in real-time. For instance, in 2021, Sony Semiconductor has launched the industry’s first direct time-to-flight depth sensor called IMX459. The product will be 10 square microns in size, achieving a high resolution of approximately 100,000 pixels which can be used for automotive LiDAR for driver assistance systems and autonomous driving.

Type- Segment Analysis

Based on type, the image sensors segment is expected to witness higher growth in the coming years. Image sensors are deployed in the consumer and industrial market. 3D image sensor delivers depth data in real-time with a capture speed in a millisecond. It is fast and robust to ambient lighting conditions. For instance, in 2021, Samsung launched a 3D sonic fingerprint sensor for smartphones in the S10 model. The 3D sensor works by bouncing sound waves off the skin and capturing details through water, lotion, grease, at night or in bright daylight.

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Regional- Segment Analysis

Based on region, the North America region is projected to grow as the largest market for 3D Sensor globally during the forecast period due to its use in various applications of 3D sensors gaming, medical device manufacturing, automobiles, and electronics. The presence of companies such as Apple, Tesla, and others has raised the demand for smartphones and self-driving cars, significantly growing the 3D sensors market. For instance, in 2021, Intel Corporation introduced Intel RealSense ID facial authentication. It has built-in anti-spoofing technology to protect against false entry attempts using photographs, videos, or masks, and provide a one-in-1-million false acceptance rate.

Top Market Players

Several leading companies in the market include Infineon Technologies AG, OmniVision Technologies Inc., Sony Corporation, Cognex Corporation, Lumentum Operations LLC, Sick AG, Intel Corporation, Panasonic Corporation, Microchip Technology Inc., Qualcomm Technologies Inc., and among others.

Key Developments:

• • In 2021, OmniVision Technologies Inc. has joined NVIDIA DRIVE autonomous vehicle development ecosystem. It unveiled the first group automotive image sensor compatible with modular NVIDIA DRIVE AGX for self-driving car.
  • In 2019, Infineon launched REAL3 3D image sensors. It is contactless, fast, and robust in ambient lighting conditions. It brings a third dimension to biometric identification, to 3D scanning, and hand gestures and body tracking.

Segments covered in the Report:

The 3D Sensor Market has been segmented based on technology, type, end-user, connectivity, and region. Based on Technology, the market is segmented into Structured light, Time of Flight, Stereo Vision, Ultrasound. Based on Type, market is segmented into Position Sensor, Image Sensor, Temperature Sensor. Based on End-User, market is segmented into Consumer Electronics, Automotive, healthcare, and Others. Based on Connectivity, market is segmented into Wired Network, Wireless Network.

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Key questions answered in this research report:

• • At what pace is global 3D sensor market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in 3D sensor Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global 3D sensor market?
  • Which technology generated maximum revenues in 2020 and identify the most promising technology during the forecast period?
  • What is the various type of global 3D sensor Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global 3D Sensor Market by Technology:

• • Structured light
  • Time of Flight
  • Stereo Vision
  • Ultrasound

Global 3D Sensor Market by Type:

• • Position Sensor
  • Image Sensor
  • Temperature Sensor

Global 3D Sensor Market by End-User:

• • Consumer Electronics
  • Automotive
  • Healthcare
  • Others

Global 3D Sensor Market by Connectivity:

• • Wired Network
  • Wireless Network

Global 3D Sensor Market by Region

• • North America 3D Sensor Market (Option 1: As a part of the free 25% customization)
    • North America 3D Sensor Market by Technology
    • North America 3D Sensor Market by Type
    • North America 3D Sensor Market by End-User
    • North America 3D Sensor Market by Connectivity
    • US 3D Sensor Market All-Up
    • Canada 3D Sensor Market All-Up
  • Europe 3D Sensor Market (Option 2: As a part of the free 25% customization)
    • Europe 3D Sensor Market by Technology
    • Europe 3D Sensor Market by Type
    • Europe 3D Sensor Market by End-User
    • Europe 3D Sensor Market by Connectivity
    • UK 3D Sensor Market All-Up
    • Germany 3D Sensor Market All-Up
    • France 3D Sensor Market All-Up
    • Spain 3D Sensor Market All-Up
    • Rest of Europe 3D Sensor Market All-Up
  • Asia-Pacific 3D Sensor Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific 3D Sensor Market by Technology
    • Asia-Pacific 3D Sensor Market by Type
    • Asia-Pacific 3D Sensor Market by End-User
    • Asia-Pacific 3D Sensor Market by Connectivity
    • China 3D Sensor Market All-Up
    • India 3D Sensor Market All-Up
    • Japan 3D Sensor Market All-Up
    • Rest of APAC 3D Sensor Market All-Up
  • RoW 3D Sensor Market (Option 4: As a part of the free 25% customization)
    • RoW 3D Sensor Market by Technology
    • RoW 3D Sensor Market by Type
    • RoW 3D Sensor Market by End-User
    • RoW 3D Sensor Market by Connectivity
    • Brazil 3D Sensor Market All-Up
    • South Africa 3D Sensor Market All-Up
    • Saudi Arabia 3D Sensor Market All-Up
    • UAE 3D Sensor Market All-Up
    • Rest of world (remaining countries of the LAMEA region) 3D Sensor Market All-Up

Major Players Operating in the 3D Sensor market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Infineon Technologies AG
  • OmniVision Technologies Inc.
  • Sony Corporation
  • Cognex Corporation
  • Lumentum Operations LLC
  • Sick AG
  • Intel Corporation
  • Panasonic Corporation
  • Microchip Technology Inc.
  • Qualcomm Technologies Inc.