Press release
3D Time-of-Flight Sensor Market to Grow at 6.3% CAGR to Reach US$ 569.0 Mn by 2027 Led by Key Players Adafruit Industries, AMS AG, ifm electronic gmbh, Infineon Technologies AG, Keyence, Melexis
The global 3D time-of-flight sensor market is estimated to account US$ 332.3 Mn in 2018 and is expected to grow at a CAGR of 6.3% during the forecast period 2019 - 2027, to account for US$ 569.0 Mn by 2027.The Insight Partners offers a latest published report on 3D Time-of-Flight Sensor Market 2019 – Global Analysis and Forecasts 2027 will help Major Players and the new entrants to understand scrutinize the market in detail. This report focuses on the key global 3D Time-of-Flight Sensor Industry Key Manufacturer, to describe, define and analyze the value, market share, trends, market demand, research, competition landscape, SWOT analysis and development plans in the coming years.
Time-of-Flight (ToF) techniques have been employed for more than a decade for ranging purposes. SONAR and RADAR are two techniques that exploit the sound and radio signals ToF principles, particularly in aerospace and aeronautic applications. More recently, with the improvement and the maturity of electronic devices, it has been possible to employ light signals for ToF systems. Applications using such a system are numerous, especially in industrial and consumer fields. There are generally two techniques of measuring distance with modern ToF sensors, exploiting the ToF principle using either pulsed-modulation or Continuous-Wave (CW) modulation. Advanced ToF systems deploy multi-frequency technologies, combining more modulation frequencies. The combination of multiple frequencies in the signal increases its period, being the least common multiple of the two component periods.
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Leading key Market players Mentioned in the Report:-
• Adafruit Industries
• AMS AG
• ifm electronic gmbh
• Infineon Technologies AG
• Keyence Corporation
• Melexis
• Sony Corporation
• STMicroelectronics N.V.
• Teledyne Technologies Incorporated
• Texas Instruments Incorporated
The global study on 3D Time-of-Flight Sensor Market sums up area wise market distribution with respect to five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America covering the political, economic, social, and technological scenario for each region and its impact on the market. The report further breaks down the analysis for the major countries in these regions to provide a detailed picture of the market share and growth rate.
With an increasing number of industrial verticals embracing production automation, the demand for machine vision technology is likely to be on the rise. In order to achieve high precision advanced technology, such as machine vision is adopted by the Industrial companies. The machine vision system helps in the detection of defects which are difficult to visualize and inspect by human eyes. The inspection of machine vision includes surface defects, assembly errors, missing features, and damaged parts. It also aligns the parts for highly accurate assembly operations and all the other manufacturing process. Industrial automation companies use machine vision systems to check critical dimensions, measure product components for classification process and sorting process. Machine vision system has become an integral part of Industrial automation manufacturing to achieve higher precision and quality assurance. 3D ToF sensors enable error-free machine vision and industrial automation operations thereby driving the market growth during the forecast period.
The research thoroughly establishes critical market drivers, well-identified restraints, future opportunities, and ongoing trends of the market with essential statistics to provide precise data in terms of value and volume. The report focuses on the competitive landscape along with the SWOT analysis of some leading company profiles that have a significant impact on global market practices.
Reasons to buy the report:-
• Creating an effective position strategy
• Expert opinions on your evaluation
• Know possible barriers to entry
• Informed and strategic decision making
• Understand how first movers work
• Plan to action on future opportunities
The report analyzes factors affecting 3D Time-of-Flight Sensor Market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the 3D Time-of-Flight Sensor Market in these regions.
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The report segments the global 3D time-of-flight sensor market as follows:
Global 3D Time-of-Flight Sensor Market – By Type
• Half QQVGA
• QVGA
• VGA
• 1 MP
Global 3D Time-of-Flight Sensor Market – By Application
• Consumer Electronics
• Automotive
• Machine Vision and Industrial Automation
• Robotics and Drone
• Others
Global 3D Time-of-Flight Sensor Market – By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o France
o Germany
o UK
o Russia
o Italy
o Rest of Europe
• Asia Pacific (APAC)
o China
o India
o Japan
o South Korea
o Rest of APAC
• Middle EAST & Africa (MEA)
o South Africa
o Rest of MEA
• South America
o Brazil
o Argentina
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
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