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3D Time-of-Flight Sensor Market 3D time-of-flight sensor market is estimated to account US$ 72.2 Mn with CAGR of 6.7% and Global Analysis by 2027

01-09-2020 05:58 AM CET | Media & Telecommunications

Press release from: The Insight Partners

3D Time-of-Flight Sensor Market 3D time-of-flight sensor

3D Time-of-Flight Sensor Market Overview:

The global 3D time-of-flight sensor market is estimated to account US$ 72.2 Mn in 2018 and is expected to grow at a CAGR of 6.7% during the forecast period 2018 – 2027, to account to US$ 127.5 Mn by 2027.

Increased Demand Of Smart Consumer Electronics Devices:

The consumer electronics devices industry is witnessing immense growth in both developed and developing countries majorly due to advancements and smart features that are offered by the manufacturing companies. In the current scenario, various consumer electronics devices are used by individuals for a plethora of tasks. Consumer electronics devices such as smartphones, tablets, PCs, TVs, washing machines, fridge, music players, etc. have become integral part of individual’s lives. All these devices are becoming smarter with the ongoing technological advancements and integration of Internet of Things (IoT) and Artificial Intelligence (AI). The market for consumer electronics devices is constantly growing, owing to the fact that manufacturers are regularly coming up with advanced technologies and features in their devices and disposable income of individual is rising. Therefore, the 3D time-of-flight sensor market across consumer electronic sector is bossting.

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Application Segment Insights:

The 3D time-of-flight sensor market by application is segmented into a consumer electronics, automotive, machine vision and industrial automation, robotics and drone, and others. The integration of TOF technology with drones in enhancing its working in many ways such as it helps the drone to land smoothly, to measure the distance, provide information about navigation and anti-collision, to avoid the obstacle, and to sense the level. Similarly, the 3D flash LiDAR camera in drone also uses TOF sensors used for object scanning, indoor navigation, measure distance, obstacle avoidance, tracking objects, gesture recognition, augmented reality games, measuring volumes, 3D photography, reactive altimeters, and much more. These factors resulted in the steady growth of 3D time-of-flight sensor market.

Company Profiles:

Adafruit Industries
ifm electronic gmbh
Infineon Technologies AG
Keyence Corporation
Sony Corporation
STMicroelectronics N.V.
Teledyne Technologies Incorporated
Texas Instruments Incorporated
Market Regional Analysis:

Geographically, Europe holds the largest 3D time-of-flight sensor market share, owing to rapid technological developments, numerous investments, and supportive Government policies in the European countries. However, APAC 3D time-of-flight sensor market is projected to grow with the highest growth rate during the forecast period. The continuous growth in the economies of developing countries like India and China as well as the presence of huge disposable incomes with individuals in countries like Japan and Australia have facilitated the rapid growth of automotive as well as electronics industry in this region.

The report also includes the profiles of key Risk Analytics market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

This worldwide Risk Analytics market research report is an expert and clear report focusing on essential and additional drivers, parts of the overall industry, driving sections and geological surveys. The analysis and estimation of significant industry patterns, market size and shares are referred to in the Risk Analytics Market Report.

TOC points of the market report:

Market size & stocks

Market trends and dynamics

Market drivers and opportunities

Competitive landscape

Supply and demand

Technological inventions in the industry

Marketing channel development trend

Market positioning

Pricing strategy

Brand strategy

Target client

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- The report provides qualitative and quantitative trends of global 3D Time-of-Flight Sensor Market across offerings, deployment type, industry vertical, and geography.

- The report starts with the key takeaways (chapter two), highlighting the key trends and outlook of the global 3D Time-of-Flight Sensor Market.

- Chapter five discusses the global 3D Time-of-Flight Sensor Market scenario, in terms of historical market revenues, and forecast till the year 2027.

- Chapter six to nine discuss 3D Time-of-Flight Sensor Market segments by offerings, deployment Type, and industry vertical across North America, Europe, Asia-Pacific, Middle East & Africa and South America. They cover market revenue forecast, and factors driving and governing growth.

- Chapter twelve provides the detailed profiles of the key companies operating in the global 3D Time-of-Flight Sensor Market. The companies have been profiled on the basis of their key facts, business description, financial overview, SWOT analysis, and key developments.

- Chapter thirteen, i.e. the appendix is inclusive of a brief overview of the company, glossary of terms, research methodology, contact information, and the disclaimer section.

Contact Us:
Call: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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