3D Sensor Market

Market Leadership - 3D Sensor Market

The global 3D sensor market size is expected to grow from USD 2.9 billion in 2020 to USD 10.0 billion by 2025, at a CAGR of 27.9%. Rising demand for 3D-enabled devices in consumer electronics and growing need for medical imaging solutions are the key factors driving the growth of the 3D sensor industry.

The 3D sensor market is highly competitive, owing to the presence of a large number of regional and global players. The key players are focused on increasing their market share through strategies, such as product launches, partnerships, joint ventures, contracts, and collaborations. Of these, several market players have adopted product launches as their key business strategy.

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Infineon Technologies (Germany) manufactures and develops semiconductors and system solutions for industrial, commercial, and consumer markets with a focus on energy efficiency, security, functionality, and easy mobility. The company has its Time-of-Flight (ToF)-based 3D Image Sensor family, REAL3 that can be used in various sectors such as consumer, automotive, and industrial. The company’s products are used in tablets, smartphones, head-mounted displays, industrial robotics & automation, gaming, and security.

Microchip Technology (US) manufactures and markets specialized semiconductor and microcontroller products. It distributes products globally through its sales and distribution network. The company’s product portfolio includes microcontrollers, amplifiers, memories, motor drivers, sensors, wireless connectivity products, safety & security products, power management, thermal management, and high-speed communication devices. In the 3D sensors market, the company offers 3D gesture controllers based on the company’s patented GestIC technology that works on the principle of electrical near-field technology which enables gesture detection and motion tracking in electronic devices.

Related Reports:

3D Sensor Market by Type, (Images Sensor, Position Sensor, Acoustic Sensor, Accelerometers), End-Users, Technology, (Stereo Vision, Structured Light, Time-of-Flight, Ultrasound, and Others), Connectivity, and Region - Global Forecast to 2025

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Report Code
SE 3486
RI Published ON
2/20/2020
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