Press release
Transformative Trends Impacting the Time-Of-Flight (TOF) Sensor Market Landscape: Innovative Products Propel Time-Of-Flight Sensor Market Growth
Time-Of-Flight (TOF) Sensor
How Large Will the Time-Of-Flight (TOF) Sensor Market Size By 2025?
The time-of-flight (tof) sensor market size has grown rapidly in recent years. It will grow from $3.89 billion in 2024 to $4.64 billion in 2025 at a compound annual growth rate (CAGR) of 19.4%. The growth in the historic period can be attributed to automation in industrial processes, growth of 3d imaging applications, rise in demand for biometric authentication, medical imaging applications, demand for energy-efficient sensors, increasing integration in smartphones.
How Big Is the Time-Of-Flight (TOF) Sensor Market Size Expected to Grow by 2029?
The time-of-flight (TOF) sensor market size is expected to see rapid growth in the next few years. It will grow to $8.79 billion in 2029 at a compound annual growth rate (CAGR) of 17.3%. The growth in the forecast period can be attributed to increased deployment in smart cities, continued growth of wearable devices, expansion of e-commerce and warehousing, integration in gaming and entertainment, development of smart retail solutions. Major trends in the forecast period include gesture recognition and human-machine interaction, advancements in sensor technology, iot connectivity, ar/vr devices, robotics and automation, automotive lidar development.
View the full report here:
https://www.thebusinessresearchcompany.com/report/time-of-flight-tof-sensor-global-market-report
Which Key Market Drivers Powering Time-Of-Flight (TOF) Sensor Market Expansion and Growth?
Increasing utilization of camera-based driver monitoring sensors in the automotive industry is expected to propel the growth of the time-of-flight (ToF) sensor market going forward. The automotive industry refers to companies involved in the manufacturing of automobiles such as trucks, buses, and motorcycles and their components, such as engines and bodies. In the automotive industry, ToF sensors are used for obstacle detection, localization, and picking or placing objects and can be used for driver-monitoring systems (DMS) to monitor drowsiness and driver fatigue with eye gaze, head pose, and blink detection, as a result, increasing application of these sensors in the automotive industry increases the demand for the time-of-flight (ToF) sensor market. For instance, in November 2022, according to EE Times, a U.S.-based electronics industry magazine, more than half of the total number of vehicles produced would be equipped with camera-based DMS by 2029. Therefore, the increasing utilization of camera-based driver monitoring sensors in the automotive industry is driving the growth of the time-of-flight (ToF) sensor market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9131&type=smp
Which Fast-Growing Trends Are Poised to Disrupt the Time-Of-Flight (TOF) Sensor Market?
Product innovation is a key trend that is gaining popularity in the time-of-flight (ToF) sensor market. Major companies operating in the market are focused on research and development for product innovations to sustain their position in the market. For instance, in January 2022, TDK Corporation, a Japan-based electronic components, and devices company, launched the Chirp ICU-10201 and ICU-20201, high-performance ultra-low power integrated ultrasonic time-of-flight sensors for short- and long-range detection. The Chirp ICU-10201 and ICU-20201 are integrated with powerful on-chip processors with high computational power. This strengthens processing capabilities and allows a wide range of application algorithms to fit and run on-chip. These sensors are capable of providing accurate range measurements to targets up to 1.2 m and 5m away respectively. Additionally, it can measure distance in any lighting condition and provides millimeter-level accuracy, independent of the target's color and optical transparency.
What Are the Emerging Segments in the Time-Of-Flight (TOF) Sensor Market?
The time-of-flight (TOF) sensor market covered in this report is segmented -
1) By Type: RF-Modulated Light Sources With Phase Detectors, Range-Gated Imagers, Direct Time-Of-Flight Imagers
2) By Application: Augmented Reality And Virtual Reality, Lidar, Machine Vision, 3D Imaging And Scanning, Robotics And Drone
3) By End-User: Automotive, Consumer Electronics, Gaming And Entertainment, Industrial, Healthcare, Aerospace And Defense
Subsegments:
1) By RF-Modulated Light Sources With Phase Detectors: Continuous Wave (CW) Modulation, Pulsed Modulation
2) By Range-Gated Imagers: Single-Photon Avalanche Diode (SPAD) Sensors, Time-Correlated Single Photon Counting (TCSPC) Systems
3) By Direct Time-Of-Flight Imagers: Single-Channel ToF Cameras, Multi-Channel ToF Cameras
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=9131&type=smp
Who Are the Global Leaders in the Time-Of-Flight (TOF) Sensor Market?
Major companies operating in the time-of-flight (TOF) sensor market include Texas Instruments Incorporated, STMicroelectronics NV, Infineon Technologies AG, Panasonic Corporation, Teledyne Technologies Incorporated, Keyence Corporation, pmdtechnologies ag, Sharp Corporation, Sony Group Corporation, Melexis NV, ams-OSRAM AG, Broadcom Inc, Omron Corporation, Renesas Electronics Corporation, Adafruit Industries LLC, ESPROS Photonics Corporation, Terabee, Lucid Vision Labs Inc, BECOM Electronics GmbH, SparkFun Electronics Inc, Chirp Microsystems Inc, MikroElektronika d, Sentric Controls Sdn Bhd, Quanergy Systems Inc, Balluff Inc, Iris-GmbH Infrared & Intelligent Sensors, Pololu Corporation, TDK Corporation, Rockwell Automation Inc, Advanced Scientific Concepts LLC
Which are the Top Profitable Regional Markets for the Time-Of-Flight (TOF) Sensor Industry?
Asia-Pacific was the largest region in the time-of-flight (ToF) sensor market in 2024. The regions covered in the time-of-flight (TOF) sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9131
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Transformative Trends Impacting the Time-Of-Flight (TOF) Sensor Market Landscape: Innovative Products Propel Time-Of-Flight Sensor Market Growth here
News-ID: 4090539 • Views: …
More Releases from The Business Research Company
Global Surge In Air Pollution Propels Growth In The Industrial Air Filtration Ma …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Industrial Air Filtration Industry Market Size Be by 2025?
Over the past several years, the industrial air filtration market has seen robust growth. Expected to increase from $14.97 billion in 2024 to $15.79 billion in 2025, it will experience a compound annual growth rate (CAGR) of…
Steady Expansion Forecast for Heavy Construction Equipment Market, Projected to …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Heavy Construction Equipment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of heavy construction equipment has seen significant expansion in the past few years. The market, which is expected to rise from $204.24 billion in 2024 to $215.46 billion in 2025, will…
Form-Fill-Seal Equipment Industry Outlook 2025-2029: Market Set to Cross $23.82 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Form-Fill-Seal Equipment Market Size By 2025?
The market for form-fill-seal equipment has experienced gradual expansion in recent times. It's projected to rise from $17.81 billion in 2024 to $18.62 billion in 2025, with a compound annual growth rate (CAGR) of 4.5%. The growth in previous…
Top Market Shifts Transforming the Filtration & Drying Equipment Market Landscap …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Filtration & Drying Equipment Market Through 2025?
Recent years have seen a robust increase in the size of the filtration & drying equipment market. Forecasts show a market rise from $1.94 billion in 2024 to $2.06 billion in 2025, with a Compound…
More Releases for TOF
ToF 3D Depth Camera S110D | Cube-eye
The Cube-eye ToF 3D Depth Camera S110D is a high-performance camera that uses Time-of-Flight (ToF) technology to determine the distance between objects in its field of view. This allows the camera to create precise and detailed 3D depth maps of its surroundings.
The S110D features a 100-degree field of vision with a resolution of 640x480 pixels. It can handle frame rates of up to 30 frames per second, making it ideal…
Cube-eye 3D Depth TOF Camera
Cube-eye is a 3D depth camera manufactured by Meerecompany, a South Korean company. It uses time-of-flight (ToF) technology to capture depth data.
Here's how ToF cameras work:
The camera emits a light source, typically a laser.
The light bounces off objects in the scene and returns to the camera.
The camera measures the time it takes for the light to make the round trip.
Based on the time it takes for the light to travel,…
ToF 3D Depth Camera I200 | CUBE EYE
The CUBE EYE ToF 3D Depth Camera I200 is a versatile and powerful solution for a variety of applications that require precise 3D depth data, particularly in outdoor settings. Its compact size, sunlight resistance, and long-range detection make it a viable challenger in robotics, augmented reality, security, and many other sectors.
Features of the Cube Eye ToF 3D Depth Camera I200
Sunlight Robustness: This is a major selling point of the I200.…
High-Performance ToF Camera | CUBE EYE
The CUBE EYE brand of time-of-flight (ToF) cameras was developed by meerecompany, an innovative high-resolution TOF 3D depth camera and 3D depth sensor manufacturer for object detection and accurate volume measurement processes.
Cube Eye Key Features:
High accuracy: Cube Eye can measure distances with millimeter-level precision, making it ideal for applications that require precise depth information, such as robotics, augmented reality, and industrial automation.
Wide field of view: The camera has a wide field…
3D ToF (Depth) Camera Product | CUBE EYE
The CUBE EYE 3D depth camera is manufactured by meerecompany, a South Korean company that specializes in the development and production of ToF (time-of-flight) cameras.
A time-of-flight 3D depth camera employs time-of-flight techniques to obtain distance and depth data by measuring the round-trip time of light.
The ToF camera emits light through a light source in the camera and receives the light that is reflected by the object. The camera measures the…
High-Quality TOF 3D Depth Camera | CUBE EYE
CUBE EYE is a brand of time-of-flight (ToF) cameras developed by MeereCompany, a South Korean company that specializes in the development and manufacturing of high-tech equipment for the display, semiconductor, solar cell, and medical industries.
ToF (time of flight) cameras use lasers to measure the distance between the camera and the object. Cube Eye is used in a variety of applications, including retail intelligence, surveillance, and 3D scanning.
Cube Eye TOF…
