3D Sensors Market Size, Share and Global Trend by Technology (Ultrasound, Structured Light, Time of Flight, Stereo Vision), Type (Acoustic Sensor, CMOS 3D Image Sensor, Accelerometer Sensor, Image Sensor, Position Sensor), Applications (Consumer Electronics, Surveillance & Security, Entertainment, Automotive, Defense, Industrial Robotics, Healthcare) and Regional Forecast, 2024-2032

3D sensors are electronic devices that are used to collect data from surroundings and construct digital 3D models. A 3D sensor can be operated on many different technologies that help to capture the shape of an object in a 3D framework and measure geometric features on a surface regardless of surface color. 3D sensors provide features like a volumetric measurement that gives shape and position related parameters, contrast invariant that offers ambient light. Additionally, benefits of 3D sensors include higher sensing repeatability functions and simpler to build multi-sensor setups for large object inspection. These sensors are widely used by the surveillance & security and entertainment industry in the production of movies and video games, with the help of virtual reality technology.

AI is an essential factor to drive the growth of the 3D sensors market. According to a report published by ITU (International Telecommunication Union), investment in AI technology is projected to exceed US$ 13 Tn by 2030. In 2018, PMD Technologies AG and Ningbo Sunny Opotech announced a partnership to strengthen their product portfolio and existing business. Together, the partners have developed a broad market for 3D camera sensing solutions enabled with AI-based time-of-flight technology (TOF) for mobile devices in China and the rest of the world. 

Key Players Covered:

Some of the major players in 3D sensors market include Infineon Technologies, Occipital, Inc., PMD Technologies AG, Microchip Technology, Ningbo Sunny Opotech, Samsung Group, Cognex Corporation, Intel Corporation, If electronic GMBH, Apple Inc., OmniVision Technologies, LMI Technology, and Texas Instruments.

Regional Analysis:

North America is expected to lead 3D sensors market owing to the presence of primary key players such as Infineon Technologies, Intel Corporation, LMI Technology, Microchip Corporation, Apple Incorporation, etc. which are continuously innovating the technology of 3D sensors. On 12 September 2018, Apple Inc., launched iPhone XR and XS max enabled with a 3D camera and smart HMI (Human-machine interaction) sensors for depth mapping and are used for gesture control. The North America region is also receiving large investments for the development of 3D sensors and touchless technology. Organizations are focusing on expanding their business through strategic acquisitions and merging with several end-use industries.

Key Industry Developments

• On May,2018, Samsung launched Intelligent Scan, a biometric application that combines iris scan and face recognition to allow convenient unlocking and provides enhanced security for certain authentication services in banking and surveillance sector.