Press release
Why is 3D Sensor catching on faster in Sensors and Controls Industry ?
3D Sensor
Rising demand from several sectors such as electronics, mobile phones & notebooks, gaming applications, security and surveillance cameras are major 3D sensor market drivers. Furthermore, the technical advancements in 3D sensor technology such as gesture recognition, motion detection and 3D navigations have led to the transformation of 2D technology to 3D sensor technology. This aspect will enhance the market growth. However, the price of the 3D sensor and huge investments are related with the maintenance of the 3D sensors which are hampering the 3D sensor market growth. The introduction of virtual reality and augmented authenticity in gaming has increased the demand of 3D sensors in recent times. 3D sensor technology-based gaming is increasing rapidly in smart mobiles and PCs for 3D motion-controlled gaming, which is estimated to drive the market growth in the upcoming years. In addition, the increasing popularity for enhanced vision and several 3D enabled electronic appliances such as media players, cameras, PCs and others are projected to drive the market growth. Moreover, the increase in the concerns about security & surveillance is impacting the demand of 3D sensor market and is increasing the usage of 3D sensors in security cameras. This aspect is anticipated to rise the growth of the 3D sensor market in the near future.
Download Exclusive Sample Copy of the Report at: https://www.researchdive.com/download-sample/89
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.
Connect with Analyst to Reveal How COVID-19 Impacting On 3D Sensor Market: https://www.researchdive.com/connect-to-analyst/89
The major key manufacturers in the global 3D sensor market include Qualcomm Technologies, Inc., pmdtechnologies ag, Sony Depthsensing Solutions SA/NV, Infineon Technologies AG, KEYENCE CORPORATION, Microchip Technology Inc., SAMSUNG, COGNEX CORPORATION, OmniVision Technologies, Inc., Occipital, Inc., LMI TECHNOLOGIES INC. among others. These manufacturers are increasing their efforts to improve the product performance by modification of current technology, R&D activities and new product launches to gain majority of the market share in the overall 3D sensor industry. In February 2019, COGNEX CORPORATION has launched new 3D technology, which is high-performance 3D vision system and containing laser displacement sensor.
Mr. Abhishek Paliwal
Research Dive
30 Wall St. 8th Floor, New York
NY 10005 (P)
+ 91 (788) 802-9103 (India)
+1 (917) 444-1262 (US) Toll
Free : +1 -888-961-4454
Email: support@researchdive.com
LinkedIn: https://www.linkedin.com/company/research-dive
Twitter: https://twitter.com/ResearchDive
Facebook: https://www.facebook.com/Research-Dive
Blog: https://www.researchdive.com/blog
Follow us on: https://covid-19-market-insights.blogspot.com
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.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Why is 3D Sensor catching on faster in Sensors and Controls Industry ? here
News-ID: 2042085 • Views: …
More Releases from Research Dive
Electronic Data Management Market Expected to Rise Progressively by 2031 Due to …
The global electronic data management market is expected to witness significant growth by 2031, owing to the rising applications of electronic data management in the industrial sector. The North America region was the most dominant in 2021.
As per the report published by Research Dive, the global electronic data management market is projected to garner a revenue of $19,289.5 million and rise at a stunning CAGR of 12.2 % during…
Gastric Cancer Market Predicted to Make a Strong Comeback after the Pandemic Deb …
The global gastric cancer market is predicted to observe significant growth by 2031, owing to the increasing pervasiveness of gastric cancer among people worldwide. The Asia-Pacific region generated the highest market share in 2021.
As per the report published by Research Dive, the global gastric cancer market is envisioned to garner a revenue of $10,737.00 million and grow at a fascinating CAGR of 17.9% over the estimated timeframe from…
Off Grid Solar Market to Exhibit 12.3% CAGR and Generate $5,825.80 Million by 20 …
As per the report published by Research Dive, the global off grid solar market is predicted to generate a revenue of $5,825.80 million and grow at a stunning CAGR of 12.3% during the analysis timeframe from 2022 to 2031.
The global off grid solar market is predicted to witness prominent growth by 2031, owing to the increasing demand for electricity independence across the globe. The Asia-Pacific region garnered…
Roofing Materials Market to Garner a Revenue of $186.7 Billion and Exhibit a 4.3 …
As per the report published by Research Dive, the global roofing materials market is expected to register a revenue of $186.7 billion by 2031, at a CAGR of 4.3% during the forecast period 2022-2031.
The global roofing materials market is expected to grow primarily due to the growing need for waterproofing roofing materials. Re-roofing sub-segment is expected to flourish immensely. The Asia-Pacific region is predicted to grow at a high…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
