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The 3D sensors market size is forecast to increase by USD 5.15 billion at a CAGR of 18.69% between 2023 and 2028. The market is experiencing significant growth due to the increasing adoption of 3D depth-sensing technology in various applications, such as digital cameras, camera modules, 3D image sensors, and 3D selfie. One of the key trends in this market is the use of 3D sensors in online shopping for customized clothing, enabling accurate body measurement and size estimation. However, challenges persist, including accuracy and calibration issues during sensor fusion, and power consumption concerns. To address these challenges, advancements in 3D image sensors, such as those using graphene heat pipes, are being explored to improve performance and efficiency. Overall, the market is expected to continue growing, driven by the increasing demand for 3D depth-sensing technology in various industries, including security and surveillance systems.
The market is experiencing significant growth due to the increasing demand for advanced imaging technologies in various industries. The market is driven by the adoption of 3D sensing hardware in consumer electronics, including smartphones and tablets, which use time-of-flight sensors and structured light systems for applications such as facial recognition and augmented reality. In the automotive sector, 3D sensors are being integrated into automobiles for advanced driver assistance systems (ADAS) and autonomous driving. Security cameras are also incorporating 3D sensors for improved object detection and recognition. The market for 3D sensors in the consumer electronics sector and automotive industry is expected to grow rapidly, with the Internet of Things (IoT) platform providing new opportunities for the integration of biosensors and AI.
The use of 3D technology in ultrasound and image processing sensors is also expanding, offering potential applications in healthcare and industrial automation.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The industrial/commercial segment is estimated to witness significant growth during the forecast period. The market is experiencing significant growth due to the increasing adoption of industrial robots, including autonomous guided vehicles (AGVs), autonomous mobile robots (AMRs), unmanned aerial vehicles (UAVs or drones), and autonomous forklifts. These robots are equipped with advanced 3D cameras and sensors to enable real-time sensing of three-dimensional geometric information, facilitating obstacle detection and environmental awareness. In the manufacturing and logistics sectors, AGVs are increasingly being utilized by service providers for improved efficiency and productivity. For instance, Panasonic Corp. Has developed 3D Light Detection and Ranging (LiDAR) technology, which offers 3D detection of distances with a wide angle of view, enhancing the autonomous capabilities of mobile robots.
Furthermore, 3D sensors play a crucial role in various applications such as gesture-based control, virtual reality, human-computer interaction, robotics, and LiDAR drones, expanding the market's scope.
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The industrial/commercial segment was valued at USD 753.94 million in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market is experiencing significant growth due to the increasing adoption of this technology in various industries, including gaming, virtual reality, human-computer interaction, robotics, and smart homes. In particular, the creation of 3D maps and gesture-based control are key applications driving market expansion. In the gaming industry, 3D sensors enable more realistic experiences, while in virtual reality, they provide a more accurate representation of the user's environment. In human-computer interaction, 3D sensors enable more intuitive and natural forms of input, such as gesture recognition. Moreover, the use of 3D sensors in robotics helps to address assembly problems and collisions, leading to increased efficiency and productivity.
In the field of LiDAR drones, 3D sensors enable more precise and accurate mapping and navigation capabilities. North America is currently dominating the market, with high adoption rates in consumer electronic devices and the industrial and commercial sectors. The integration of human-machine interface (HMI) technologies, such as air gestures and facial recognition, by major OEMs in the region is also contributing to the growth of the market. The use of gesture recognition technology in automobiles and mobile computing devices, such as portable PCs and smartphones, is further boosting market expansion.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Use of 3D sensors in security and surveillance systems is the key driver of the market. The market is witnessing significant growth due to the increasing adoption of these sensors in various industries, particularly in security and surveillance systems. The integration of 3D sensors in security cameras and CCTV systems is on the rise, as these sensors enable functions such as 3D imaging, position tracking, depth sensing, and gesture recognition. This is essential for enhancing security and ensuring real-time object sensing and scanning. Moreover, major players in the 3D sensor industry are focusing on developing advanced 3D sensing hardware, including time-of-flight sensors, structured light systems, ultrasound, and stereo vision, for use in security and surveillance applications.
The growing demand for advanced security systems and the increasing need for real-time object detection and recognition are expected to drive the growth of the 3D sensor market in the forecast period.
Growing number of strategic partnerships among market participants is the upcoming trend in the market. The global 3D sensor market is experiencing significant growth, leading companies to form strategic partnerships for the advancement of 3D sensing hardware. Integration of 3D sensors in mobile devices like smartphones, tablets, and laptops is increasing due to the demand for superior image quality. The adoption of 3D gesture recognition technology in gaming consoles and automobiles presents lucrative opportunities for market players. As a result, industry participants, including chipmakers, camera manufacturers, sensor module manufacturers, and technology providers, are collaborating to discover new applications for 3D imaging and sensing. Time-of-flight sensors, structured light systems, ultrasound, and stereo vision are the primary 3D sensing technologies driving market growth.
Further, image processing sensors are crucial components of these technologies, enhancing the accuracy and reliability of 3D data acquisition. The 3D sensor market is poised for substantial expansion as these technologies find applications in various industries, including security cameras, healthcare, and automotive.
Accuracy and calibration issues during sensor fusion is a key challenge affecting the market growth. 3D sensors have become an integral part of various electronic devices, including automobiles, healthcare equipment, robots, smartphones, tablets, and aerospace and defense equipment. These sensors utilize advanced technologies such as stereo vision, structured light, time-of-flight (ToF), and ultrasound to perform functions like object sensing, movement recognition, and 3D endoscopy. However, each technology comes with its unique advantages and limitations. For instance, stereo vision technology, which relies on capturing and analyzing multiple images of an object from different angles, requires high light intensity to produce high-contrast images. In contrast, ToF sensors measure the time it takes for an infrared light signal to bounce back from an object's surface, providing accurate depth information, but may struggle with complex textures or patterns.
Structured light systems, which project patterns onto an object and analyze the distortion to determine depth, offer high resolution and accuracy but can be affected by environmental factors like temperature and humidity. Ultrasound sensors, which use sound waves to measure distance and depth, are ideal for use in harsh environments but may not provide the same level of detail as other technologies. Overall, the choice of 3D sensing hardware depends on the specific application requirements and the trade-offs between accuracy, resolution, range, and environmental factors.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ams OSRAM AG - The company offers 3D sensors that includes 3D Vision System, 3D dToF for mobile AR, Face Recognition and Active Stereo Vision.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market is experiencing significant growth due to the increasing demand for 3D sensing hardware in various industries. Image processing sensors, including time-of-flight sensors and structured light systems, are driving the market's growth. These sensors find applications in security cameras, smartphones, tablets, and consumer electronics. In the consumer electronics sector, 3D sensors are used for 3D maps, gesture-based control in gaming, smart homes, virtual reality, and human-computer interaction. In the automotive sector, 3D sensors are used in automobiles for assembly problems, collisions detection, lidar drones, and aerospace & defense applications. The market is also witnessing the integration of 3D sensors in AI-enabled products, including AI, automotive in-cabin sensing, machine vision, electric vehicles, and 5G communication technology.
The market is segmented based on chip size, pixel pitch, and 3D depth-sensing technology. High-resolution cameras and high-megapixel cameras are also driving the market's growth. However, power consumption is a major challenge in the market. The market is expected to grow further with the adoption of 3D image sensors in digital cameras, camera modules, graphene heat pipes, fingerprint sensors, and biometric scanning in high-end smartphones.
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Market Scope |
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Report Coverage |
Details |
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Page number |
181 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 18.69% |
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Market growth 2024-2028 |
USD 5.15 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
16.99 |
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Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
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Performing market contribution |
North America at 39% |
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Key countries |
US, China, Japan, South Korea, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ams OSRAM AG, Broadcom Inc., FUJIFILM Corp., Himax Technologies Inc., ifm electronic gmbh, Infineon Technologies AG, Intel Corp., Lumentum Holdings Inc., Melexis NV, OmniVision Technologies Inc., Ouster Inc., Panasonic Holdings Corp., Qualcomm Inc., Quanergy Systems Inc., SmartRay GmbH, Sony Group Corp., STMicroelectronics International NV, TKH Group NV, Xovis AG, Analog Devices Inc., and OEM AUTOMATIC UAB |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Connectivity
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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