Global 3D Sensor Market - By Products (Position Sensor, Image Sensor, Temperature Sensor, Accelerometer Sensor), Technology (Ultrasound, Structured Light, Time of Flight), EndUser Industry, Geography, Trends, Forecast - (2017 - 2022)

Published - Jan 2017 | Category - Electronics & Semiconductor | No. of Pages - 128 | Published By - Mordor Intelligence

Report Highlights

The Global 3D Sensors market is valued at USD 1.61 billion in 2016 and is expected to reach a value of USD 6.06 billion by the end of 2022, growing at a projected CAGR of 24.6% during the forecast period of 2017 - 2022. 3D sensors find applications in monitoring and control mechanisms in a wide variety of environments including smart grids, battlefield reconnaissance, exploration and a great number of science applications.

The market is driven primarily by a growing demand for 3D sensors in consumer electronics. Owing to rapid technological advancements, cost of owning a piece of modern technology has come down drastically. Couple that with higher buying power of consumers and you have the present day materialistic consumer world. Amongst consumer electronics, smart phones have managed to catch the eye of a large chunk of consumers. Reports indicate that global smart phone penetration ( i.e. % of number of new smart phones sold every year/number of smart phones in the market already) is projected to increase from 37% in 2015 to 58.5% in 2020. That is a major driving force for the smart sensor market. Also, rapid technological advancements opens up a plethora of new applications across different industry verticals where smart sensors can be used. However, the market is constrained by high levels of technical know-how and equipment needed for manufacturing smart sensors.

The market is segmented on the basis of products (position sensor, image sensor, temperature sensor, accelerometer sensor and others), on the basis of technology (Ultrasound, Structured Light, Time of Flight and others), on the basis of industry verticals (Consumer Electronics, Automotive, Healthcare and others). Consumer electronics, followed by Automotive is the highest grossing industry vertical. High growth is expected in the Consumer electronics vertical, especially in the Asia Pacific market, where growing disposable incomes are turning people into consumers. Smart sensors are finding increasing applications in the Automotive vertical and that is expected to grow well too.

The market is segmented on the basis of region (North America â€" USA, Canada and others; Europe â€" United Kingdom, Germany, France and others; Asia Pacific â€" China, Japan, India, South Korea and others; Latin America â€" Brazil, Mexico, Columbia and others; Middle East and Africa â€" Saudi Arabia, United Arab Emirates, South Africa and others).

Key companies in the market analyzed in the report are Intel Corporation, Occipital Inc., Softkinetic, Sick Ag, Lmi Technologies, Infineon Technologies, Xyz Interactive Technologies, Omnivision Technologies, Panasonic Corporation, Cognex Corporation and Occipital Inc.

Key Deliverables in the Study

Market analysis for the Global 3D sensor Market, with region specific assessments and competition analysis on global and regional scales.

Market definition along with the identification of key drivers and restraints.

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their market.

Identification and analysis of the macro and micro factors that affect the Global 3D sensor market on both global and regional scales.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.

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