Time of Flight (ToF) Module Market Impacts, CAGR, Growth Factors and Forecast From 2021 to 2027 - LG Innotek, Samsung Electro-Mechanics, Foxconn

The “Time of Flight (ToF) Module” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.

“The Time of Flight (ToF) Module Market is predicted to register a CAGR of 20.15% over the forecast period 2021 – 2027.”

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Market Overview

Growing adoption of Machine Vision Systems across various industries drives the market. More general machine vision applications require highly stable and reliable sensory systems. ToF cameras provide a reliable set of depth data, increasing the robustness and flexibility of many surveillance, inspection, and logistics systems. Applications such as automated materials handling (AMH) systems operate at moderate distances of one to three meters and require more accurate measurements of about one to five millimeters. The preference towards single-pixel ToF imagers is highly being adopted for full-field imagers, which are cascaded through modulating elements and are incorporated into the correlation ToF architecture. Sony’s DepthSense sensor provided in machine vision cameras presents a new set of opportunities and is expected to drive the market.

Competitive Landscape

April 2020 - The researchers at École Polytechnique Fédérale De Lausanne (EPFL) developed a megapixel camera that is based on time-gated, single-photon avalanche diode (SPAD) image sensors. By combining time-of-flight information with the ability to capture a million pixels simultaneously, the camera enables 3D images to be reconstructed at extremely high speeds.

Time of Flight (ToF) Module market report introduces some features and provides a basic view of the most players. In this report provides a comprehensive and in-depth review of the market. The players are likewise presenting newer product varieties within the market to reinforce the merchandise portfolio by embracing the new innovation and completing it in their business.

The Time of Flight (ToF) Module market is often split supported product types, major applications, and important countries as follows:

Key Competitors of the Time of Flight (ToF) Module market is: LG Innotek, Samsung Electro-Mechanics, Foxconn (Sharp), Sunny Optical, O-Film, Luxvisions (Liteon), Q-Tech, AMS, Primax, Chicony, Cowell, Partron

Major Types covered are:

Direct

Indirect

Major Applications covered are:

Smart Phones

Tablets

Robot Vacuums

Automotive

Drones

Surveillance

Industrial

Others

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Key Market Trends

Lidar in Automotive to Witness Significant Growth

LIDAR systems and ToF techniques are vital in providing self-driving cars with a detailed picture of the surrounding. The LIDAR system undertakes with a laser diode or LED directed to emit infrared light. Direct ToF uses short pulses of light measuring the time until each pulse returns to the sensor for measuring the distance to an object. Further, indirect ToF sensors emit a continuous wave of modulated light.
Various scientists are working in their innovation to provide high-resolution 3Dview through a camera integrated through lidar. For instance, in April 2020, a team of physicists in Switzerland has built what they describe as the world’s first-megapixel photon-counting camera and a first-of-its-kind image sensor technology, which could make lidar systems faster and more accurate.

Regional market Time of Flight (ToF) Module (regional production, demand and forecast by country):

Asia-Pacific Accounts to Hold Significant Growth

Asia-Pacific is anticipated to grow at significant growth due to the rapid industrialization. The easy availability of low-cost labor has led to increased manufacturing of different electronic components and devices in this region, which in turn is anticipated to increase demand for ToF sensors for monitoring and inspection applications in the manufacturing sector.
More and more vision applications are implementing 3D sensing using embedded platforms to take advantage of their processing power available in a compact size at a low cost. Current embedded ToF solutions on the market provide lower resolution and accuracy. To address such issues, in March 2020, LUCID Vision Labs, Inc. announced the series production of its new Helios Flex 3D Time-of-Flight module sensor, which can simply be integrated into embedded platforms in industrial and robotics sectors.

North America (United States, Canada, Mexico)

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situation, most important trade models, and consequently the possibly headways in services with the aid of using crucial gamers inside the upcoming years.

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Report Features:

To project the worth and sales volume of the Time of Flight (ToF) Module market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global Time of Flight (ToF) Module market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the Time of Flight (ToF) Module market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).

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