The Global Market for 3D Sensors is Projected to Reach US$2.7 Billion by 2020

Increasing Popularity of 3D-Enabled Devices to Fuel Growth in the Global 3D Sensors Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global 3D Sensors market. The global market for 3D Sensors is projected to reach US$2.7 billion by 2020, driven by the growing integration of 3D capabilities in consumer, healthcare and industrial electronics.   

3D sensing, which allows users to measure depth, range, and distance of an object by using laser as well as other light sources for generating three-dimensional features, is a rapidly emerging engineering discipline in the overall sensors industry. 3D sensing represents a dynamic technology with significant applications in a wide range of industry verticals including consumer electronics, automotive, industrial robotics, security and surveillance, healthcare, and others. The transition from 2D to 3D technology is gaining momentum across all types of electronic devices and equipment. Major factors driving the transition are the many inherent advantages offered by 3D sensors such as reduced production/design time, time-to-market efficiencies, superior measurement accuracy, and lower error margins, among others. The growing prominence of 3D technology is mirrored by the continuous rise in the number of 3D-enabled electronic devices being launched in the market each year.

In the coming years, rapid adoption of 3D technology coupled with technological advancements will spur growth in the market. Rising demand for 3D sensing capability in devices such as tablets, laptops, and smartphones will spur growth in the consumer electronics end-use sector. Significant application opportunities exist in gaming devices such as handheld game consoles that require advanced tracking and gesture recognition capabilities. The rise in virtual reality gaming and augmented reality games and the resulting need to provide gamers with a rich gaming experience will help boost the use of 3D sensors in game consoles. Medical applications are also generating strong growth for motion-robust, 3D data acquisition technology. Given its ability to enable motion robust data acquisition, 3D sensors are of huge significance in flexible and convenient capture of diagnostic images. Rising popularity of 3D displays, 3D scanners and increased use in wearable devices and wireless, smart devices are expected to benefit demand growth in the market. Another growth opportunity comes from security and surveillance cameras wherein 3D sensors enable capturing of facial images. The largest product market, 3D image sensors, will continue to benefit from widespread applications in autonomous navigation, automotive safety, human machine interface, microscopy, oceanography, astronomy, virtual reality, biomedical image analysis, robot guidance, and industrial inspection, among others.

As stated by the new market research report on 3D Sensors, the United States represents the largest market worldwide. Asia-Pacific is poised to grow at the fastest CAGR of 20.4% over the analysis period, led by the region’s dominance as the manufacturing hub for electronics. Image sensors are forecast to witness rapid growth supported by their widespread us mobile devices such as smartphones and tablets.

Major players covered in the report include Ascension Technology Corp., Asustek Computer, Inc., AT - Automation Technology GmbH, Cognex Corp., Fastree3D SA, GestureTek, Haimer GmbH, ifm electronic GmbH, Infineon Technologies AG, Intel Corp., LMI Technologies, Inc., Mantis Vision, Microchip Technology, Inc., Microsoft Corp., Neptec Technologies Corp., Occipital, Inc., Omnivision Technologies, Inc., Orbbec 3D Technology International Inc. , Perceptron, Inc., Photon-X, pmdtechnologies gmbH, PointGrab Ltd., Qualcomm, Inc., SICK AG, SmartRay GmbH, SoftKinetic, Stereolabs, Texas Instruments Inc., Visio Nerf, VRmagic Holding, and XYZ Interactive Technologies, Inc., among others.

The research report titled “3D Sensors: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections in US$ for all major geographic markets such as US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World. The market is analyzed by the following 3D Sensor Types - Temperature Sensors, Position Sensors, Acoustic Sensors, Image Sensors, Accelerometer Sensors, and Other 3D Sensors (including Pressure Sensors, Magnetic Sensors, and Motion Sensors among others).

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