Global 3D Sensor Market Set to Rise at 28.0% CAGR, from 2019 to 2026

According to the global 3D Sensor Market analysis by Research Dive, the global market accounted for $1,464.6 million in 2018; it is anticipated to generate a revenue of $11,276.8 million by 2026 and growing at a CAGR of 28.0%. Asia-Pacific region market will witness a significant growth during the forecast period and is anticipated to garner a revenue of $3,067.3 million by the end of 2026. North America region held a considerable global market share in 2018 and is anticipated to continue its growth in the estimated time. This dominance is majorly owing to wide use of 3D sensors in the automotive and consumer electronics sectors.

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The position sensor market is anticipated to experience healthy growth during the forecast period and is projected to reach $2.593.7 million by the 2026. The image sensors held the global market size and it was valued at $541.9 million in the 2018. This growth is majorly owing to rise in the acceptance of image sensors for the smart mobiles, cameras and others. The image sensor market is predicted to reach $4,475.5 million by 2026, growing at a 29.2% CAGR.

The automotive sector registered for second major share of the market in 2018 and is projected to experience a substantial growth at a rate of 28.4% CAGR during the estimated time. This growth is attributed to the adoption of 3D sensing technology by automotive industry. The adoption of 3D sensors for innovative systems to offer comfort and safety to the driver and increasing number of automobiles across the globe are also expected to propel the market growth. Consumer electronics sector generated the largest 3D sensor market size in 2018 and is anticipated to account for $2,729.0 million by 2026, rising at a CAGR of 28.2%. This is majorly attributed to increase in the demand for 3D sensors from smart mobiles, cameras, PCs and others.

The global 3D sensor market for Asia-Pacific will witness a noteworthy growth in the projected time and is growing with the highest CAGR of 28.8%. The growth in the market size is attributed to the rising requirement of 3D sensors for consumer electronics, automotive, manufacturing and others. Moreover, China and India are developing economies and have huge manufacturing facilities in the consumer electronics, automotive and manufacturing sectors. The market for Asia-Pacific is predicted to generate a revenue of $3,067.3 million by 2026. The North America market held the majority of the global 3D sensor market share, which was 32.0% in 2018 and is estimated to reach $3,540.9 million by 2026. The dominance is majorly because of great demand for 3D sensors mainly from the automotive and consumer electronics industries. In addition, increase in the adoption of 3D sensors for the autonomous

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Key Companies Profiled
o pmdtechnologies ag
o Infineon Technologies AG
o SAMSUNG
o LMI TECHNOLOGIES INC.
o COGNEX CORPORATION
o Microchip Technology Inc.
o Occipital, Inc.
o Qualcomm Technologies, Inc.
o KEYENCE CORPORATION
o OmniVision Technologies, Inc.
o Sony Depthsensing Solutions SA/NV

Table of Content:
1. Research Methodology
1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters
1.4.1. Assumptions
1.4.2. Forecast parameters
1.5. Data sources
1.5.1. Primary
1.5.2. Secondary
2. Executive Summary
2.1. 360� summary
2.2. Type trends
2.3. Technology trends
2.4. Connectivity trends
2.5. End Use trends
3. Market Overview
3.1. Market segmentation & definitions
3.2. key takeaways
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. Porter's five forces analysis
3.3.1. Bargaining power of consumers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of new entrants
3.3.4. Threat of substitutes
3.3.5. Competitive rivalry in the market

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About Us:
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

This release was published on openPR.