Press release
Unlocking the Third Dimension: Innovations and Opportunities in the 2033 Depth Sensing Market
According to PMR, the global depth sensing market was worth US$ 6.2 billion in 2022 and is projected to reach US$ 6.8 billion by 2023. In 2033, the market is likely to reach a market value of US$ 15 billion and is expected to register a CAGR of 8.2%. Recent advances in three-dimensional perception and depth measurement have benefitted several industries. Among these applications are automation, robotics, and autonomous vehicles.The new generation of autonomous vehicles uses depth-sensing cameras to seamlessly navigate their surroundings. Innovators are building autonomous machines through advancements in artificial intelligence, machine learning, embedded vision, and processing technology. A few examples of these devices are AMRs (Autonomous Mobile Robots), tractor-powered automated forklifts, etc.
Click Here to Get Free Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/33442
The ability to move around without manual guidance is necessary to make these devices truly autonomous. To facilitate mapping, geolocation, route planning, and obstruction identification & avoidance, depth sensing is key. 3D depth-sensing technology has been slowly adopted by the consumer electronics market over the past ten years. This technology was first used in gaming.
The application of 3D depth-sensing technology to imaging and detection of 3D objects has greatly expanded in recent years. As mobile devices have 3D cameras rather than 2D cameras, 3D sensing technology is becoming increasingly relevant. Companies are integrating 3D sensors into their smartphones. Using standard rear-facing cameras, a first generation of AR has already started impacting online businesses and social networking sites.
Key Takeaways from the Market Study
The depth sensing market for camera/lens modules is expected to grow at a CAGR of 8.1% during the forecast period.
High demand for active tops is projected to increase by 8% from 2023 to 2033.
By 2023, depth sensing demand is projected to grow by US$ 2.4 billion in the United States.
The South Korean market has an absolute dollar growth opportunity of US$ 339.1 million.
According to studies, China and South Korea are predicted to increase their market shares by 35% and 16.40%.
"Significant growth in the depth sensing market is being driven by the growth of 3D technologies, smartphones, and tablets. As drones become more prevalent and LiDAR technology becomes more widespread, demand is expected to grow.," says an analyst at Persistence Market Research.
Get Full Access of this Report @ https://www.persistencemarketresearch.com/checkout/33442
Competitive Landscape
Global depth sensing companies include many small and medium-sized firms. Increasing their capacity is one of the strategies used by depth sensing manufacturers to gain a greater share of the market. Increased partnerships and collaborations are expected to benefit key players across the country. Depth sensing is dominated by several companies:
Texas Instruments
Infineon Technologies
Qualcomm
Occipital
Stereolabs
Creative
pmdtechnologies
Sony Depthsensing Solutions
BECOM BLUETECHNIX
Intel
Melexis
Tower semiconductor
Key developments in the market are as follows:
In April 2023, with the launch of the MT LiDAR 3.1 reference design, Newsight Imaging Ltd., a world leader in the design of multi-triangulation (MT) LiDAR reference designs, launched an additional member of its MT LiDAR family. It can track hundreds of frames per second, with 480 depth points, 20um - 1mm depth resolution, enabling full 3D mapping in just one scan. It is highly configurable and very flexible in coping with different scenes and lighting conditions and is offered by MT LiDAR as a rapid development platform for customers based on Newsight chips and technology.
In May 2023, ATONATON's Dr. Madeline Gannon and ABB's IRB 8700 robot partnered on a project dubbed Two Circles. The robot consists of a huge googly eye that can detect the presence of humans. RobotStudio from ABB and NVIDIA's Isaac Sim is used to detect and react to human movement with the help of depth-sensing cameras.
Know More about Report Inclusions
Persistence Market Research published a new market report on the depth sensing market, covering a global industry analysis of 2018 to 2022 and forecasts for 2023 to 2033. This research report provides compelling insights on the basis of product type, application outlook, and sales channel, across all major regions.
You Can Customize this Report As per Your Requirement Click Here @ https://www.persistencemarketresearch.com/request-customization/33442
The report also includes forecast factors and vital macroeconomic factors that are anticipated to boost the growth of the global market. It also addresses the restraints that are projected to hinder market growth, along with the latest trends and potential opportunities in the market.
For additional information on how insulation monitoring devices sales will increase in the near future, write to the team of expert research analysts at media@persistencemarketresearch.com
Persistence market research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About us: -
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductors and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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 Unlocking the Third Dimension: Innovations and Opportunities in the 2033 Depth Sensing Market here
News-ID: 3225958 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Depth
Versatile Depth-Sensing Innovation with TOF 3D Depth Camera | Cube-eye
Cube-eye is a leading innovator in 3D imaging and depth-sensing solutions, known for its advanced technologies like the Cube-eye I200 ToF 3D depth sensor camera. This cutting-edge device is ideal for a wide range of applications, including robotics, augmented reality (AR), autonomous navigation, smart surveillance, and industrial automation. The camera integrates advanced Time-of-Flight (ToF) technology with both hardware and software components, enabling accurate 3D depth perception in real time. Designed…
The Connected Packaging Market: An In-Depth OverviewThe Connected Packaging Mark …
Connected packaging is rapidly transforming industries, creating new opportunities for consumer engagement, operational efficiency, and brand differentiation. In an era where digital technology blends with physical packaging, connected packaging offers companies an innovative platform to connect with customers, track products, and gather real-time data. This article provides an overview of the connected packaging market, its scope, current trends, and key factors driving its growth.
Browse More About This Research Report @…
Tof 3D Depth Camera I200for Capturing Accurate 3D Depth Data | Cube-eye
The Cube-eye ToF 3D Depth Camera I200 is a high-performance option for capturing accurate 3D depth data, especially in outdoor environments. Here's a breakdown of its key features:
Strengths:
Sunlight robustness: Unlike many ToF cameras, the I200 performs well even in bright sunlight, making it ideal for outdoor applications like obstacle avoidance in drones and robots.
Long-range precision: It boasts a detection range of up to 7 meters indoors and 5 meters…
High Resolution ToF 3d Depth Camera and 3d Depth Sensor| CUBE EYE
Meerecompany created the CUBE EYE 3d depth camera. This is a maker of high resolution TOF 3d cameras and 3d depth sensors for object detection and accurate volume measurement.
High Resolution (TRUE VGA) / ToF3d Depth Camera S100D
The ToF 3d Depth Camera S100D is a compact and low-power 3d depth camera. It uses a time-of-flight (ToF) sensor to measure the distance to objects in a scene, with a depth pixel count…
X-Ray Crystallography Market In-depth Insights and Statistical In-depth Industry …
X-Ray Crystallography Market 2022
X-Ray Crystallography is the study of crystal structures, when an X-ray beam bombards them. The diffraction pattern is created by the X-ray diffraction technique, produces wavelengths, which are in the same order of magnitude and interatomic distances. Currently, X-ray crystallography has gained popularity for determining protein structure and biological macromolecules.
The scientists can reconstruct the molecular crystalline structures; X-ray crystallography technique is being used for research on protein…
Vietnam In-depth PESTLE Insights
HTF Market Intelligence released a new research report of 86 pages on title 'Vietnam In-depth PESTLE Insights' with detailed analysis, forecast and strategies. The market Study is segmented by key a region that is accelerating the marketization. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
Get Free Sample Report + All Related Table and…