3D Sensing Technology Market: Future Forecast Assessed on the basis of how the Market is Predicted to Grow
3D sensing is a technology which helps in real time recognition of gestures and need specific implementation as per the specific gestures. In the process of 3D sensing, an infrared light source is made to pass into a sheet of light or structured pattern and then by capturing and analyzing the light reflected from the objects, the gestures helps in the desired outcomes. A significant usage of 3D sensing is observed in the gaming industry, which could help the player control the game by mere gestures and not any physical contact with controls. This could help in the growth of the global 3D sensing market.
The constant investments in R&D for sensor technology and AI are likely to be factors which could affect the global 3D sensing market positively during the forecast period. The increased use of 3D image sensing technology in the automotive sector is tipped to be one of the factors affecting the growth of this market. Furthermore, owing to its increased usage in the healthcare industry, the global 3D sensing market could see significant growth during the forecast period.
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The global 3D sensing technology market could be segmented into four main parts namely-technology, type, application, and regions. In terms of technology, the global 3D sensing market is sub segmented into four parts namely- stereo vision, structured light, time of flight, and ultrasound. Based on type, the global 3D sensing market is segmented into four parts namely- temperature sensors, position sensors, pressure sensors, CMOS 3D image sensors and others. The CMOS 3D sensors can be further divided into 3D Electro-Optical Image Sensors and 3D Time of Flight Image Sensors.
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Based on application, the global 3D sensing technology market could be segmented into five parts namely-medical application, automotive, aerospace and defense, consumer electronics and others. Medical application is expected to hold a significant share of the global 3D sensing market during the forecast period.
In terms of geography, the global 3D sensing market is segmented into five regions namely- North America, South America, Middle East & Africa, Asia Pacific, and Europe. Among all the regions, North America is expected to hold a high market share during the forecast period.
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There are several players in the global 3D sensing technology market. Some of the key players are Omnivision Technologies, PrimeSense, PMD Technologies GmbH, Occipital Inc., Cognex Corporation, LMI Technologies, SoftKinetic, Infineon Technologies, IFM Electronics, and Finisar Corporation.