3D Sensor Market

Market Leadership - 3D Sensor Market

The 3D sensor market size is estimated to be USD 2.7 billion in 2021 and is projected to reach USD 9.4 billion by 2026; it is expected to grow at a CAGR of 28.1% from 2021 to 2026. Although 3D sensors have been in existence for a long time, the market for 3D sensors is growing owing to factors such as the rising demand for 3D sensing-enabled consumer electronics, increasing demand for medical imaging solutions, growing penetration of image sensors in automobiles, and surging requirement of security & surveillance systems.

Infineon Technologies AG (Germany), OmniVision Technologies, Inc. (US), Sony Corporation (Japan), Cognex Corporation (US), Lumentum Operations LLC (US), ifm electronic gmbh (Germany), Intel Corporation (US), KEYENCE CORPORATION. (Japan), LMI Technologies Inc. (Canada), Microchip Technology Inc. (US), II-VI Incorporated (US), AIRY3D (Canada), ASUSTeK Computer Inc. (Taiwan), CronAI (UK), Leuze electronic GmbH + Co. KG (Germany), Mantis Vision ltd. (Israel), Melexis NV (Belgium), Microsoft (US), Occipital, Inc. (US), Orbbec 3D (US), Panasonic Corporation (Japan), Qualcomm Technologies, Inc. (US), Quanergy Systems, Inc. (US), Samsung (South Korea), and SICK AG (Germany) are among the many players in the 3D sensor market.

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Infineon Technologies was ranked first in the 3D sensor market in 2020, with ~15–17% market share. The company markets its products to the automotive, industrial, communications, and consumer and security electronics sectors across the Americas, Europe, the Middle East, and Asia Pacific (APAC). The 3D image sensors manufactured by the company are based on the ToF technology, in which a 3D camera projects modulated infrared light on the targeted object. It helps measure the brightness and location of an object. Infineon has been mainly focusing on collaborations with other companies for developing new 3D sensor products. The company has collaborated with pmd technologies for the development of depth sensors based on ToF technology for applications such as gaming, e-commerce, and other immersive experiences. Infineon has also worked with Qualcomm for the development of 3D authentication in Qualcomm’s Snapdragon 865 platform.

OmniVision Technologies held the second position in the 3D sensor market in 2020, with ~12–14% market share.  With more than 2,000 employees worldwide and over 10 billion products shipped, it is one of the known leaders in the global CMOS image sensor market. It is the only image sensor company that serves every imaging market segment worldwide. OmniVision’s products are used in medical imaging, automotive in-cabin and outside sensing, security and smart homes, IoT, mobile, and computing, and various other industrial applications. The company is targeting a broad range of applications across medical imaging, as well as in the dental, veterinarian, and industrial markets. In the dental imaging market, OmniVision has opportunities in 3D scanners and camera-enabled dental tools such as dental mirrors. The company is immensely focused on partnerships and collaborations strategies to drive growth in the 3D sensor market.

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3D Sensor Market with COVID-19 Impact, by Type (Image Sensors, Position Sensors), Technology (Time of Flight, Structured Light), End-use Industry (Consumer Electronics, Industrial Robotics, Automotive), and Region, Global Forecast to 2026

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Report Code
SE 3486
RI Published ON
8/2/2021
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