Time-of-Flight (ToF) Sensor Market New Developments with Future Scenario by 2028 - Keyence Corporation, pmd Technologies AG, Melexis NV, Adafruit, OMRON Corporation

Key market drivers for time of flight sensor market are, rising demand for such sensor in aerospace and defense industry along with technological advancement in sensor technologies and 3D mapping technologies. Moreover, rising emphasis on surveillance and security concerns in defense sector for combating threats is expected to propel market growth during the forecast period. Whereas, high cost of such sensors, high cost of maintenance and restoration is expected to restrain market growth during the forecast period.

Time-of-Flight (ToF) Sensor Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (RF-modulated Light Sources with phase detectors, Range-gated Imagers, Direct ToF Imagers); Display Resolution (Quarter-QVGA (QQVGA), Half Quarter Video Graphics Array (HQVGA), Quarter Video Graphics Array (QVGA), Video Graphics Array (VGA)); Application (AR and VR, LiDAR, Machine Vision, 3D Imaging and Scanning, Robotics and Drone) and Geography

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The modern electronic technology used for depth sensing applications is called Time of Flight. TOF has primarily been used for extremely precise distance mapping and 3D imaging. 3D depth sensors, also known as TOF sensors, are sensors that emit a short infrared light pulse and measure the time it takes for the reflected light signal from an object to return. TOF sensors are the best solution for a wide range of applications due to their low latency, ease of use, direct depth data with minimal post processing, excellent integration, and high sensitivity. The key market drivers for time of flight sensor market are, rising demand for such sensor in aerospace and defense industry along with technological advancement in sensor technologies and 3D mapping technologies.

The global time-of-flight (TOF) sensor market is segmented on the basis of product type, display resolution, application. On the basis of product type the market is segmented as, RF-mounted light sources with phase detectors, range-gated imagers, direct TOF imagers. On the basis of display resolution the market is segmented as, QQVGA, half quarter video graphics array, QVGA, video graphics array. And on the basis of application the market is segmented as, AR and VR, LiDAR, machine vision, 3D imaging and scanning, robotics and drone.

Top Mentioned Companies in Time-of-Flight (ToF) Sensor Market are -

- Texas Instruments Incorporated
- STMicroelectronics NV
- Infineon Technologies AG
- Panasonic Corporation
- Teledyne Technologies Incorporated
- Keyence Corporation
- pmd Technologies AG
- Melexis NV
- Adafruit
- OMRON Corporation

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global time-of-flight (TOF) sensor market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The time-of-flight (TOF) sensor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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