3D Sensors Market is Projected to Cross $9 Billion by 2020.


Posted November 18, 2015 by ElectronicsIARC

3D Sensors Market estimated to see substantial growth of 25% by 2020 on demand for Wearable Electronics and Mobile Devices
 
[b]3D sensing[/b] is considered as a dynamic technology owing to its usage and applications in many industry verticals such as [b]consumer electronics, healthcare, industrial robotics, automotive, security and surveillance[/b], and others. [b]3D sensor[/b] is the extension of the well-established sensor market, and can be defined as a way of treating communications and data for efficient product handling for various industry verticals ranging from consumer electronics to security and surveillance. It makes the [b]electronics market[/b] more attractive with the growing acceptability of gesture application; and in the automotive industry, it makes hybrid cars feasible [b]3D sensor[/b] plays an important role for the performance and efficiency analysis of a large and complex system.

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Rapid adoption of [b]3D technology[/b], coupled with technological advancement is set to spur the [b]3D sensors market[/b] during the observation period. This market is also driven by the growing integration of [b]3D capabilities in consumer, healthcare and industrial economics[/b].

[b]Market Trends & Growth[/b]:

Sensing technologies like infrared, and electric field sensing are the most commonly using techniques in different electronic devices to detect gestures. [b]3D Sensor[/b] is inherently more useful in consumer electronics as this industry produces products which have maximum interaction capabilities with humans on a day to day basis. [b]The gesture recognition market had revenues of around $13.2 billion in 2014 and this is estimated to grow to around $20.3 billion in 2020[/b].

[b]3D Sensor Market[/b] had revenues of around [b]$2.52 Billion in 2014[/b] and is comparatively smaller than the overall gesture recognition industry. The demand for 3D Sensors is estimated to grow at a [b]25.5% CAGR[/b] for the forecast period 2015 – 2020. Currently the Consumer Electronics contributes around 32% of the total [b]3D Sensor market. Image sensor and camera based 3D Sensor[/b] is expected to dominate the Smartphone’s and tablet pc’s market in this period. And Gesture recognition is one of the key segments driving the growth of the [b]3D Sensors market[/b] and is defined as a technology of interpreting human gestures to perform computational and consequent mechanical tasks by the use of sensing technologies and mathematical algorithms. North America is expected to dominate the market in revenue share followed by Asia pacific.

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[b]REPORT SCOPE[/b]:

This report on [b]3D Sensors Market[/b] contains different market aspects explored with particular focus on key market drivers, challenges, constraints and market landscape. The Global [b]3D Sensors Market[/b] has been thoroughly analyzed and carefully segmented by geographic locations based on major economic and topographical regions. The report details current market potential and future market growth in this industry. The report overall contains the most detailed, in depth segmentation and analysis of this market during the forecast period 2015-2020.

[b]Market Segmentation:[/b]

The [b]3D Sensors Market[/b] is classified into the following 4 types based on the factors:
• By Consumer Electronics Products: Smartphones, Laptops, TV and Others.
• By Key Technology Types: Ultrasonic, Camera based and Others.
• By End Use Verticals: Automotive, Robotics, Medical and Others.
• By Geography: Americas, Europe, APAC and ROW.

[b]Key Players:[/b]

It has been noted that PMD technologies, Microchip Technologies, Intel (U.S), Qualcomm (U.S) and SoftKinetic(U.S) were the top 5 companies which accounted for a majority of the [b]3D Sensors Market Share.[/b]

Innovative products and technologies are revolutionizing the [b]3D Sensor market[/b] in Consumer Electronics. The 3D sensing boasts features like scanning real time objects, face recognition and background substitution. Google recently launched a prototype of its new smart phone ‘Tango’. This smart phone can create a 3D map of its immediate environment. At the heart of ‘Tango’ is a 3d sensor made by ‘Primesense’ a 3D sensor manufacturing company which was later acquired by Apple.

The key competitive companies are discussed in depth and studied based on Company Overview, Product Portfolio, Financials and Developments. Key Insights including quantitative and qualitative analysis of the complete [b]3D Sensors Market[/b] is made available in this report. Few players mentioned here are:
• Sony Corp
• Texas Instruments
• Cognivue Corp
• Cross Match Technologies
• Elliptic Labs

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Categories Automotive , Electronics , Semiconductors
Tags 3d sensors companies , 3d sensors industry , 3d sensors market , 3d sensors market analysis , 3d sensors market forecast , 3d sensors market report , 3d sensors market share , 3d sensors market size
Last Updated November 18, 2015