Global 3D Image Sensor Market

3D Image Sensor Market Size, Share, Growth Analysis, By Component(Hardware, Software and Service), By Technology(Stereoscopic Imaging, Structured Light Imaging), By Vertical(Aerospace & Defense, Automotive) - Industry Forecast 2024-2031

Report ID: SQMIG45O2044 | Region: Global | Published Date: April, 2024
Pages: 194 | Tables: 92 | Figures: 70

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3D Image Sensor Market size was valued at USD 28.39 billion in 2022, USD 34.30 billion in 2023 and is projected to grow USD 155.54 billion by 2031, growing at a CAGR of 20.8% in the forecast period (2024-2031).

Several multinational businesses vying for market dominance and innovation characterise the competitive landscape of the 3D image sensor market. Sony Corporation, Infineon Technologies AG, Teledyne Technologies Incorporated, Occipital, Inc., and PMD Technologies AG are important participants in this market. These businesses constantly do research and development to improve sensor performance and broaden applications, which fuels competition and shapes the market's shift towards increased functionality and efficiency. 'Philips (Netherlands)', 'Lockheed Martin (US)', 'STMicroelectronics (Switzerland)', 'Maxon (Germany)', 'Dassault Systemes (France)', 'Google (US)', 'Panasonic (Japan)', 'Able Software (US)', 'Sony Corporation (Japan)', 'HP (US)', 'Topcon (Japan)', 'GE Healthcare (US)', 'Innersight (UK)', 'Shapr3D (Hungary)'

3D image market trends technology is used in motion recognition, 3D distributing, 3D exhibiting, and other applications. One of the many specialised applications of 3D technology is in the realm of medicine. It can also be used in media and entertainment, engineering, development, security and surveillance, distraction, guards, mechanical computerization, and modern robotization, among other areas.

Technological developments in Advanced Driver Assistance Systems (ADAS): The use of 3D image sensors in ADAS is growing quickly to improve automation and vehicle safety. Accurate depth perception is made possible by these sensors, which makes functions like autonomous parking, collision avoidance, and pedestrian identification possible. Furthermore, it is anticipated that demand for sophisticated sensing technology like 3D image sensors would rise as automakers work to achieve higher degrees of autonomy, such as Level 3 and beyond.

Due to the growing use of 3D sensors for a variety of applications, the North American 3D sensor market is expected to lead this industry. Additionally, the market in this region would develop at a faster rate due to the increasing number of smartphone sensors with improved face recognition and image quality. Due to the growing need for smartphones, driverless vehicles, and medical imaging solutions, Europe has the second-largest market share for 3D sensors. Furthermore, the European region's fastest-growing 3D sensor market was the UK, while Germany held the greatest market share.

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