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Global Depth Sensing Market : Regional Insights, Competitive Players and Forecast to 2024, Texas Instruments, Sony Depthsensing Solutions, Intel, Infineon Technologies

10-23-2018 03:59 PM CET | IT, New Media & Software

Press release from: VynZ Research

Global Depth Sensing Market

Global Depth Sensing Market

Depth sensing device is integrated with sensors, illuminators and lens module. A huge quantity of power is expended while apprehending the data, processing data, and filtering the data to acquire the essential information. The global depth sensing market is growing at significant rate, due to escalating implementation of dual-camera smartphones, and mounting need for enhanced medical imaging solutions. Different components contributed to the depth sensing market size. The market has witnessed high demand for camera or lens module in the coming years due to mounting need for improved quality images and uses such as gesture control, face recognition and gaming.

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On the basis of industry the depth sensing market is subdivided into automotive, industrial, building automation, medical, and consumer electronics. Among the all industries, the consumer electronics accounted the largest share in the depth sensing market due to mounting requirement for applications such as gesture control, AR-VR, face recognition, and scanning. The automotive segment is further subdivided into gesture control, parking assistance, autonomous navigation, passenger classification and driver monitoring. In addition, the building automation is subdivided into 3d scanning, lighting and Hvac. Moreover, the medical segment is subdivided into breathing analysis and medical imaging.

Geographically, Asia-Pacific the largest depth sensing market and is observed to witness fastest growth in the market due to mounting demand of depth sensing from consumer electronics applications such as tablets, gaming handset, smartphone and laptops. In addition, escalating implementation of dual-camera smartphones and mounting precise depth calculation in several industries are also up surging growth of the Asia-Pacific depth sensing market.

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 Key players in the depth sensing market are catering the demand by collaborating, and acquiring with small players and investing on technologically advanced products across the globe. In August 2017, Qualcomm Incorporated expanded its Qualcomm Spectra Module Program, for improved biometric authentication and high-resolution depth sensing, in order to meet budding demands of photo and video for a wide range of mobile devices and head mounted displays. Texas Instruments, Sony Depthsensing Solutions, Intel, Infineon Technologies, Becom Bluetechnix GmbH, Espros Photonics Corporation, Pmdtechnologies AG, Stereolabs, Qualcomm Incorporated and Creative Technology Ltd are the key players offering depth sensing.

About VynZ Research : 

VynZ Research is a global market intelligence company providing research reports, industry intelligence and business advisory services to companies and institutions across the globe. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as chemical and materials, automotive and transportation, energy and power, consumer goods, healthcare, ICT and other emerging technologies.

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