3d Sensor Market
PUBLISHED: 2022 ID: SMRC20378
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3d Sensor Market

3D Sensor Market Forecasts to 2028 – Global Analysis By Connectivity (Wired Network Connectivity, Wireless Network Connectivity), TySMRC20378pe (Accelerometer Sensor, Acoustic Sensors, Position Sensors), End User (Automotive, Healthcare) and By Geography

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4.8 (61 reviews)
Published: 2022 ID: SMRC20378

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2021)

US $3.65 BN

Projected Year Value (2028)

US $18.3 BN

CAGR (2021 - 2028)

25.9%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia Pacific

Highest Growing Market

North America


According to Stratistics MRC, the Global 3D Sensor Market is accounted for $3.65 billion in 2021 and is expected to reach $18.3 billion by 2028 growing at a CAGR of 25.9% during the forecast period. 3D sensors are depth-sensing devices that aim at connecting the devices with the real world by using projected light and a camera system. 3D sensors own a wide application in modern life.



Market Dynamics:

Driver:

Increasing Demand For Improved Visual Effects


The increasing demand for enhanced visual effects has led to the introduction of various 3D-enabled devices in the consumer electronics market such as cameras, 3D media players, 3D gaming consoles, 3D portable devices, 3D TV displays, 3D desktop PCs, and notebooks. The availability of 3D content is increasing in step with the increasing demand for 3D-enabled devices, thereby driving the market growth. To this end, Apple Inc. is planning to strengthen its partnership with Sony Corporation for 3D sensors supply. Moreover, the growing need for security and surveillance is also contributing to market growth as it is widely used in cameras.

Restraint:

High Cost


The expensive cost of 3D sensing technology is predictable to hamper the growth of the market. The rise in the manufacturing cost of image sensors and limited integration with other devices acts as the major factor among others restraining the market growth, and will further challenge the market. Images captured using low-megapixel cameras have numerous drawbacks. The image quality of such images reduces while zooming in, cropping, or taking prints. Hence, the demand for high-megapixel cameras is growing. Manufacturers either have to increase the chip size or shrink the pixel pitch to increase the number of pixels. A larger chip size incurs a higher cost, so the only way to produce an image with high resolution and low cost are to shrink the pixel pitch, which is a complex and expensive process.

Opportunity:

Pioneering Technological Developments


Innovative technological advancements in 3D sensors are predictable to create massive opportunities for the growth of the market in the upcoming years. It is used in consumer electronics for the measurement of objects or scenes in three dimensions. This technology is gaining traction in consumer electronics, particularly in smartphones and tablets for facial recognition. Its use in smartphones serve as high-quality 3D scanners. Apple introduced the iPad Pro with a 3D depth sensor capable of facial recognition in March 2020. In 2019, Microsoft introduced a new device, Kinect, with a 3D depth sensor for personal computers. Depth sensors can capture large quantities of 3D data. This feature also enables a user to make changes in the picture and provide the data of the surroundings. Depth sensors can effectively measure distance and, thus, help in navigating routes. A 3D selfie with a depth sensor-enabled smartphone helps gain information regarding body measurements. This helps retailers understand the fitting of clothing and shoes virtually; therefore, this feature would support online shopping and customized clothing.

Threat:

Necessity of Huge Amount of Power


It requires a large amount of power to capture the data, after which they process the captured data and filter it. The data is filtered until a user gets the required information. This process takes place within the sensor and consumes a large amount of energy. Sometimes, the process takes place within the server; this leads to the consumption of extra power to send the captured data to the server and then process it. Microsoft Kinect consumes 12W; however, as the data processing in it is done using a computer, the power requirement goes beyond 12W. The data sent from sensors to servers poses the risk of data security being breached.

Automotive segment is expected to be the largest during the forecast period

3D sensor technology has proven to be useful in the automotive sector as it can be used by long-distance drivers to monitor personal behavior. This device can be placed inside the interior of the truck which detects the driver’s motion and warns if they seem to be sleeping while driving. The ability to build a comprehensive 3D map of the environment and the objects within it involves capturing a wide variety of data from what is happening hundreds of meters down the road to know how driver alertness.

The Image Sensors segment is expected to have the highest CAGR during the forecast period

The growing use of image sensors in smart cameras and smartphones is predictable to bolster the growth of the segment during the forecast period. Image sensors are increasingly being used in digital cameras, camera modules, and other imaging devices. Companies such as Apple Inc. (US), Google Inc. (US), and Microsoft Corporation (US) incorporate 3D image sensors into smartphones, tablets, laptops, and other devices. In 2020, Apple’s iPhone was launched with ToF 3D sensors. In March 2019, Samsung launched a new smartphone model, S10, with Qualcomm's 3D Sonic fingerprint sensor, which was also present in its next-generation smartphone. These developments in smartphones are expected to boost growth.

Region with highest share:

The Asia Pacific is projected to hold the highest market share, due to the rise in the application of 3D sensors in gaming, medical device manufacturing, automobiles, and consumer electronics. China is dominating the Asia-Pacific market in terms of installation, which in turn boosts the demand for the market in the province. China is the largest market globally for its implementations. Given the steady rise in income among Chinese consumers on average, the proportion of luxury vehicles among the population will also increase, giving way to more high-end vehicles equipped with OEM 3D sensor systems. In 2016, China was the largest manufacturer of passenger cars in the world. This steep rise in production can be attributed to the burgeoning numbers of local OEMs along with setting up manufacturing plants of global automobile manufacturers.

Region with highest CAGR:

North America is projected to have the highest CAGR, owing to the great demand coming from the consumer electronics and automotive sectors, which have been employing 3D sensors for multiple applications in their domains. Moreover, Apple's product, iPhone is playing a significant role in increasing the demand for smartphones in the United States. Also, in Canada, a trend of people keen on trying innovative technology is on a rise. Extensive usage of 3D sensors in industries likes electronics and automotive in this region is expected to propel the growth of the market. Additionally, the rising demand for enhanced image excellence and face recognition sensors in smartphones among people living in this region is further expected to augment the growth of the regional market.



Key players in the market:

Some of the key players profiled in the 3D Sensor Market include Cognex Corporation, IFM Electronic, Infineon Technologies AG, Intel Corporation, Keyence, LMI Technologies, Microchip Technology Inc, Occipital, Omnivision Technologies, Panasonic Corporation, PMD Technologies, Qualcomm Technologies Inc, Samsung, Sick AG, Sony Corp. 

Key developments:

In December 2017: Sony Corporation launched a back-illuminated time-of-flight image sensor which offers VGA resolution in a compact size and enables highly accurate range finding solutions.

In January 2021: Intel launched Intel RealSense ID, an on-device solution that combines an active depth sensor with a specialized neural network designed to deliver secure, accurate, and user-aware facial authentication. Intel RealSense ID works with smart locks, access control, point-of-sale, ATMs, kiosks, and more.

In January 2020: LMI Technologies acquired FringeAI, an innovative AI and IIoT/5G inspection company. The company delivers a software suite that leverages integrated deep learning, dedicated edge devices, and IIoT/5G connected cloud services to deliver AI-based solutions across many markets. The company was integrated into the LMI group of companies, with FringeAI forming a new AI solutions group.

Connectivity’s Covered: 
• Wired Network Connectivity
•  Wireless Network Connectivity 

Types Covered:
• Accelerometer Sensor     
• Acoustic Sensors     
• Position Sensors     
• Pressure sensor     
• Proximity Sensor     
• Temperature sensor     
• Image Sensors        

Technology’s Covered:
• Camera Based Recognition 3D     
• Capacitive Sensing     
• Electric Field     
• Infrared Sensing     
• Interactive Displays     
• Leap     
• Micro-Electromechanical Systems (MEMS)     
• Projected Light/Structured Light     
• Stereoscopic Vision (Laser)     
• Time-of-Flight (Photo Electric)     
• Ultrasound
       
End Users Covered:
• Aerospace & Defense     
• Automotive     
• Consumer Electronics
• Entertainment & Media     
• Gesture Recognition      
• Healthcare     
• Industrial Automation
• Industrial Robotics     
• Logistics & Warehouse     
• Medical Devices     
• Security & Surveillance

Marketing Channels Covered:
• Direct Marketing     
• Indirect Marketing           
 
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary     
      
2 Preface     

 2.1 Abstract    
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology    
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions   
      
3 Market Trend Analysis     
 3.1 Introduction    
 3.2 Drivers    
 3.3 Restraints    
 3.4 Opportunities    
 3.5 Threats    
 3.6 Technology Analysis    
 3.7 End User Analysis    
 3.8 Emerging Markets    
 3.9 Impact of Covid-19    
      
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes    
 4.4 Threat of new entrants    
 4.5 Competitive rivalry    
      
5 Global 3D Sensor Market, By Connectivity     
 5.1 Introduction    
 5.2 Wired Network Connectivity           
  5.2.1 Knx        
  5.2.2 Lonworks        
 5.3 Wireless Network Connectivity    
      
6 Global 3D Sensor Market, By Type     
 6.1 Introduction    
 6.2 Accelerometer Sensor          
 6.3 Acoustic Sensors           
 6.4 Position Sensors          
 6.5 Pressure sensor          
 6.6 Proximity Sensor          
 6.7 Temperature sensor          
 6.8 Image Sensors          
  6.8.1 3D Image Sensor Technology Based on Pixel Size        
  6.8.2 Complementary Metal Oxide Semiconductor (CMOS)     
   6.8.2.1 3D Time of Flight Image Sensor      
   6.8.2.2 3D Electro-Optical Image Sensors      
 6.9 Fingerprint Sensors      
      
7 Global 3D Sensor Market, By Technology     
 7.1 Introduction    
 7.2 Camera Based Recognition 3D          
 7.3 Capacitive Sensing          
 7.4 Electric Field          
 7.5 Infrared Sensing          
 7.6 Interactive Displays          
 7.7 Leap          
 7.8 Micro-Electromechanical Systems (MEMS)          
 7.9 Projected Light/Structured Light          
 7.10 Stereoscopic Vision (Laser)          
 7.11 Time-of-Flight (Photo Electric)          
 7.12 Ultrasound         
      
8 Global 3D Sensor Market, By End User     

 8.1 Introduction    
 8.2 Aerospace & Defense          
 8.3 Automotive          
 8.4 Consumer Electronics          
  8.4.1 Wearable Electronics        
  8.4.2 Virtual Reality (VR)        
  8.4.3 Television        
  8.4.4 Tablet/PC (Personal Computer)        
  8.4.5 Set Top Box        
  8.4.6 Scanner        
  8.4.7 Mobiles/Smartphone        
  8.4.8 Laptop        
  8.4.9 Households Appliances        
  8.4.10 Gaming Devices        
  8.4.11 Camera        
  8.4.12 Augmented Reality (AR)        
 8.5 Entertainment & Media          
 8.6 Gesture Recognition          
 8.7 Healthcare          
 8.8 Industrial Automation          
  8.8.1 Packaging         
  8.8.2 Picking        
  8.8.3 Sorting        
 8.9 Industrial Robotics          
 8.10 Logistics & Warehouse          
 8.11 Medical Devices          
 8.12 Security & Surveillance      
      
9 Global 3D Sensor Market, By Marketing Channel     
 9.1 Direct Marketing          
 9.2 Indirect Marketing          
      
10 Global 3D Sensor Market, By Geography     
 10.1 Introduction    
 10.2 North America    
  10.2.1 US   
  10.2.2 Canada   
  10.2.3 Mexico   
 10.3 Europe    
  10.3.1 Germany   
  10.3.2 UK   
  10.3.3 Italy   
  10.3.4 France   
  10.3.5 Spain   
  10.3.6 Rest of Europe    
 10.4 Asia Pacific    
  10.4.1 Japan   
  10.4.2 China   
  10.4.3 India   
  10.4.4 Australia   
  10.4.5 New Zealand   
  10.4.6 South Korea   
  10.4.7 Rest of Asia Pacific   
 10.5 South America    
  10.5.1 Argentina   
  10.5.2 Brazil    
  10.5.3 Chile   
  10.5.4 Rest of South America   
 10.6 Middle East & Africa    
  10.6.1 Saudi Arabia   
  10.6.2 UAE   
  10.6.3 Qatar   
  10.6.4 South Africa   
  10.6.5 Rest of Middle East & Africa   
      
11 Key Developments     
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 11.2 Acquisitions & Mergers    
 11.3 New Product Launch    
 11.4 Expansions    
 11.5 Other Key Strategies    
      
12 Company Profiling     
 12.1 Cognex Corporation    
 12.2 IFM Electronic          
 12.3 Infineon Technologies AG    
 12.4 Intel Corporation    
 12.5 Keyence          
 12.6 LMI Technologies          
 12.7 Microchip Technology Inc          
 12.8 Occipital          
 12.9 Omnivision Technologies           
 12.10 Panasonic Corporation    
 12.11 PMD Technologies          
 12.12 Qualcomm Technologies Inc          
 12.13 Samsung          
 12.14 Sick AG    
 12.15 Sony Corp      


List of Tables      
1 Global 3D Sensor Market Outlook, By Region (2020-2028) (US $MN)      
2 Global 3D Sensor Market Outlook, By Connectivity (2020-2028) (US $MN)      
3 Global 3D Sensor Market Outlook, By Wired Network Connectivity (2020-2028) (US $MN)      
4 Global 3D Sensor Market Outlook, By Knx (2020-2028) (US $MN)      
5 Global 3D Sensor Market Outlook, By Lonworks (2020-2028) (US $MN)      
6 Global 3D Sensor Market Outlook, By Wireless Network Connectivity (2020-2028) (US $MN)      
7 Global 3D Sensor Market Outlook, By Type (2020-2028) (US $MN)       
8 Global 3D Sensor Market Outlook, By Accelerometer Sensor (2020-2028) (US $MN)      
9 Global 3D Sensor Market Outlook, By Acoustic Sensors (2020-2028) (US $MN)      
10 Global 3D Sensor Market Outlook, By Position Sensors (2020-2028) (US $MN)       
11 Global 3D Sensor Market Outlook, By Pressure sensor (2020-2028) (US $MN)      
12 Global 3D Sensor Market Outlook, By Proximity Sensor (2020-2028) (US $MN)      
13 Global 3D Sensor Market Outlook, By Temperature sensor (2020-2028) (US $MN)      
14 Global 3D Sensor Market Outlook, By Image Sensors (2020-2028) (US $MN)      
15 Global 3D Sensor Market Outlook, By 3D Image Sensor Technology Based on Pixel Size (2020-2028) (US $MN)      
16 Global 3D Sensor Market Outlook, By Complementary Metal Oxide Semiconductor (CMOS) (2020-2028) (US $MN)      
17 Global 3D Sensor Market Outlook, By Fingerprint Sensors   (2020-2028) (US $MN)      
18 Global 3D Sensor Market Outlook, By Technology (2020-2028) (US $MN)      
19 Global 3D Sensor Market Outlook, By Camera Based Recognition 3D (2020-2028) (US $MN)      
20 Global 3D Sensor Market Outlook, By Capacitive Sensing (2020-2028) (US $MN)      
21 Global 3D Sensor Market Outlook, By Electric Field (2020-2028) (US $MN)      
22 Global 3D Sensor Market Outlook, By Infrared Sensing (2020-2028) (US $MN)      
23 Global 3D Sensor Market Outlook, By Interactive Displays (2020-2028) (US $MN)      
24 Global 3D Sensor Market Outlook, By Leap (2020-2028) (US $MN)      
25 Global 3D Sensor Market Outlook, By Micro-Electromechanical Systems (MEMS) (2020-2028) (US $MN)      
26 Global 3D Sensor Market Outlook, By Projected Light/Structured Light (2020-2028) (US $MN)      
27 Global 3D Sensor Market Outlook, By Stereoscopic Vision (Laser) (2020-2028) (US $MN)       
28 Global 3D Sensor Market Outlook, By Time-of-Flight (Photo Electric) (2020-2028) (US $MN)      
29 Global 3D Sensor Market Outlook, By Ultrasound (2020-2028) (US $MN)      
30 Global 3D Sensor Market Outlook, By End User (2020-2028) (US $MN)       
31 Global 3D Sensor Market Outlook, By Aerospace & Defense (2020-2028) (US $MN)      
32 Global 3D Sensor Market Outlook, By Automotive (2020-2028) (US $MN)      
33 Global 3D Sensor Market Outlook, By Consumer Electronics (2020-2028) (US $MN)      
34 Global 3D Sensor Market Outlook, By Wearable Electronics (2020-2028) (US $MN)      
35 Global 3D Sensor Market Outlook, By Virtual Reality (VR) (2020-2028) (US $MN)      
36 Global 3D Sensor Market Outlook, By Television (2020-2028) (US $MN)      
37 Global 3D Sensor Market Outlook, By Tablet/PC (Personal Computer) (2020-2028) (US $MN)      
38 Global 3D Sensor Market Outlook, By Set Top Box (2020-2028) (US $MN)      
39 Global 3D Sensor Market Outlook, By Scanner (2020-2028) (US $MN)      
40 Global 3D Sensor Market Outlook, By Mobiles/Smartphone (2020-2028) (US $MN)      
41 Global 3D Sensor Market Outlook, By Laptop (2020-2028) (US $MN)      
42 Global 3D Sensor Market Outlook, By Households Appliances (2020-2028) (US $MN)      
43 Global 3D Sensor Market Outlook, By Gaming Devices (2020-2028) (US $MN)      
44 Global 3D Sensor Market Outlook, By Camera (2020-2028) (US $MN)      
45 Global 3D Sensor Market Outlook, By Augmented Reality (AR) (2020-2028) (US $MN)      
46 Global 3D Sensor Market Outlook, By Entertainment & Media (2020-2028) (US $MN)      
47 Global 3D Sensor Market Outlook, By Gesture Recognition (2020-2028) (US $MN)      
48 Global 3D Sensor Market Outlook, By Healthcare (2020-2028) (US $MN)      
49 Global 3D Sensor Market Outlook, By Industrial Automation (2020-2028) (US $MN)      
50 Global 3D Sensor Market Outlook, By Packaging (2020-2028) (US $MN)      
51 Global 3D Sensor Market Outlook, By Picking (2020-2028) (US $MN)      
52 Global 3D Sensor Market Outlook, By Sorting      (2020-2028) (US $MN)      
53 Global 3D Sensor Market Outlook, By Industrial Robotics (2020-2028) (US $MN)      
54 Global 3D Sensor Market Outlook, By Logistics & Warehouse (2020-2028) (US $MN)      
55 Global 3D Sensor Market Outlook, By Medical Devices (2020-2028) (US $MN)      
56 Global 3D Sensor Market Outlook, By Security & Surveillance (2020-2028) (US $MN)      
57 Global 3D Sensor Market Outlook, By Marketing Channel (2020-2028) (US $MN)      
58 Global 3D Sensor Market Outlook, By Direct Marketing (2020-2028) (US $MN)      
59 Global 3D Sensor Market Outlook, By Indirect Marketing (2020-2028) (US $MN)      
      
Note- Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.     

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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