3D Sensor Market 2018 Global Leaders Overview: Cognex, Qualcomm, Microsoft, ASUSTek Computer, Intel, Infineon Technology, Occipital, LMI Technologies

Market Research Future published a research report on “3D Sensor Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 202.

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.

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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.

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).

Key Findings:

• The global 3D sensor market 980.3 million in 2016 and presumed to grow at approx. USD 5.49 Billion by 2023, at 27.69% CAGR between 2017 and 2023.
• By technology, stereo vision market is expected to grow at USD 2.142 billion by the end of year 2023 with 25.83% of CAGR from 2017 to 2023
• By sensor type, image sensor market is expected to grow at USD 2.57 billion by the end of year 2023 with 31.18% of CAGR from 2017 to 2023.
• By application, consumer electronics market is expected to grow at USD 1.20 billion by the end of year 2023 with 24.59% of CAGR from 2017 to 2023
• Geographically, North America region has been projected to hold the largest market share in global 3D Sensor Market followed by Asia Pacific region, while Europe ranks third in the 3D sensor market.

Regional Analysis:

The 3D sensor market is growing with the positive growth in all the regions. Increasing demand for 3D imaging across all the segments and growing need for security and surveillance and advancement in technology is driving the market on global scale. On the basis of region, the market has been segmented into North America, Europe, Asia-Pacific and Rest of the World.

North America is dominating the global 3D sensor market share this is due presence of large number of 3D sensor providers associated with technical experts. The U.S and Canada are the leading countries in the North American region. Additionally, followed by Asia Pacific which stands as the second biggest in terms of revenue of 3D sensor market. This is attributed to increase in the adoption of 3D sensors across the industrial verticals like gaming, medical and consumer electronics. China, Japan and India are presumed to be the leading regions of Asia Pacific region. Europe stands as third largest of the region due technological advancement in the field of artificial intelligence. Germany, France and U.K are the presumed to be leading regions in the European region.

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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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This release was published on openPR.