3D Sensor Market Size & Share | Industry Report

3D Sensors have the capacity to build up facial and objection recognition through camera and emulate human visual system through the combination of Artificial Intelligence and Internet of Things.

3D Sensor Market

3D Sensor Market was valued at USD 1,943 Million in 2020 and is projected to expand at a robust CAGR of 28.1% during the forecast period.

3D Sensors have the capacity to build up facial and objection recognition through camera and emulate human visual system through the combination of Artificial Intelligence and Internet of Things. Growing use of 3D Sensors has allowed manufacturers to offer superior quality of 3D Sensors which can easily leverage existing technologies and the use of 3D sensors in mapping and biometric, for Augmented Reality are projected to drive the 3D Sensor Market Size.

The extensive use of 3D Sensors by artists, engineers, and architects for designing 3D Model, has significantly increased its market growth. 3D Depth sensing has gained significant importance in applications such as automation, robotics, electronics etc. its ability to measure distance and navigate routes can play a key role in the automation industry. 3D Depth sensor can support online shopping because it produces high quality 3D Scanners which can be helpful for retailers to fit the clothes and shoes virtually, therefore it would support the market growth of 3D Sensors.

However, as per the 3D Sensor Market forecast, 3D Sensors comes with insufficient manufacturing excellence, complexity issues and it poses a high maintenance cost on the consumers. In order to produce image with high resolution and with low cost, the possible way is to shrink the image which might reduce the image performance.

Technology – Segment Analysis

Based on technology, the time-of-flight segment is anticipated to witness higher growth in the forthcoming years. Time of flight translates the map to the digital world in real-time basis and allows electronic devices to assemble 3-Dimensional Map in front of electronic gadget, lying in a room, moving or stable object or a person. This can increase its market growth in approaching years.

Type- Segment Analysis

Based on type, the image sensors segment is projected to witness higher growth in the coming years. Image sensors deployed in the consumer and industrial market are speedy and can deliver depth data in real time, by quickly capturing and surround lightning conditions, thereby, fuelling the segment’s growth.

Regional- Segment Analysis

Based on region, North America is estimated to emerge as the largest market for 3D Sensor globally during the forecast period owing to its usage across various applications which include gaming, medical device manufacturing, automobiles. The presence of leading companies such as Apple, Tesla etc. In self-navigating cars and smartphones has augmented the market growth.

Market Segmentation
Global 3D Sensor Market by Technology:
  • Structured light
  • Time of Flight
  • Stereo Vision
  • Ultrasound
Global 3D Sensor Market by Type:
  • Position Sensor
  • Image Sensor
  • Temperature Sensor
Global 3D Sensor Market by End-User:
  • Consumer Electronics
  • Automotive
  • Healthcare
  • Others
Global 3D Sensor Market by Connectivity:
  • Wired Network
  • Wireless Network
Global 3D Sensor Market by Region:
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

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GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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