3D Sensor Market Opportunities

Market Synopsis of 3D Sensor Market

Market Scenario
3D Sensor or three dimensional sensors is a technology which measures depth, distance or range of an object by illuminating light mainly as laser. From the past few years, 3D Sensor market has seen tremendous growth and it is expected that 3D sensor market will reach US $100 million by the end of forecasted period. Entertainment is one of major application which is driving the market and as entertainment industry is growing, it is expected that market of 3D Sensors will grow accordingly. 3D sensors market will grow with CAGR of 30% during the forecasted period.

Market Segmentation
Segmentation by Technology: Projected-light sensors, Time-of-flight sensors and Ultrasound.
Segmentation by Sensor Type: Acoustic Sensor, Accelerometer Sensor, Image Sensor among others.
Segmentation by Application: Aerospace & Defense, Consumer electronics, healthcare, entertainment, Security, Automotive among others.
Regional Analysis
North America is dominating the market for 3D Sensors closely followed by Asia-Pacific. Currently, North America holds 70% of market share which has been valued at US $30 million in the year 2015 and expected to grow at US $5 million by the end of forecasted period. Technological advancement is the key factor driving market in North America. Asia-Pacific has emerged as fastest growing market with the CAGR of 3% and holds market share of 20%. It is expected that Asia-Pacific will dominate the market by the end of forecasted period. Europe accounts for 10% of market share which has been valued at US $10 million in the year 2015.

Key players
The prominent players in the market of 3D Sensor are-
Qualcomm Technologies, Inc. (U.S.), Intel Corporation (U.S.), Infineon Technologies AG (Germany), PMD Technologies AG (Germany), Occipital, Inc. (U.S.), Microsoft Corporation (U.S.), Cognex Corporation (U.S.), ASUSTeK Computer Inc. (Taiwan), Microchip Technology Inc. (U.S.), LMI Technologies, Inc. (Canada) among others.