Latest market study on “Global 3D sensor Market to 2027 – Analysis and Forecasts by Technology (Stereo Vision, Time-of-Flight, Structured Light); End-User Verticals (Healthcare, Aerospace, Industrial, Automotive, Consumer Electronics, Others), The global 3D sensor market is accounted to US$ 4,805.7 Mn in 2018 and is expected to grow at a CAGR of 32.5% during the forecast period 2019 – 2027, to account to US$ 71,914.2 Mn by 2027. The report includes key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

Stereo 3D imaging is being used to reconstruct soft tissue structures in 3D in the healthcare vertical. 3D biosensors in clinical applications help in diagnosing and monitoring cardiovascular diseases, cancer, and diabetes. One of the major technological advancements in 3D technology is Time-of-Flight (TOF) technology. These sensors are one of the most crucial and essential components of the current market technologies as these provide solutions to the entire defense ecology. The solutions include complicated controls, measurements, monitoring, and execution. The automotive market has always been at the forefront when it comes to technological evolution. These sensors allow safety innovations, new cargo management efficiency and safety improvements of autonomous and self-driving vehicles. 3D ToF technology is used in sensing. This sensor is a major breakthrough in technology. It is a deep sensing technology that enhances the capacity of a camera to recognize faces and objects.

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Key Players: 3D sensor market include Infineon Technologies AG, Basler AG, Omnivision Technologies, Inc., Ams AG, Cognex Corporation, LMI Technologies INC., Stmicroelectronics N.V., IFM Electronic gmbh, Sony, Melexis among others.

The Global 3D Sensors Market has been Segmented as Follows:

Global 3D Sensors Market – By Technology

• Stereo Vision
• Time-Of-Flight
• Structured Light

Global 3D Sensors Market – By End-user Verticals

• Healthcare
• Aerospace
• Industrial
• Automotive
• Consumer Electronics
• Others

Market Insights–3D Sensors Market

Increased Demand for Smart Consumer Electronics

The consumer electronics industry is witnessing immense growth in both developed and developing countries, and advancements and smart features that are offered by the manufacturing companies have been the major contributors to this growth.

Currently, various consumer electronics devices are used by individuals for a plethora of tasks. Consumer electronics such as smartphones, tablets, PCs, TVs, washing machines, fridge, and music players have become integral part of routine lives. All these devices are becoming smarter with the ongoing technological advancements and integration of Internet of Things (IoT) and Artificial Intelligence (AI). The advancements in the sensor technology has paved the way for remarkable growth of IoT and AI in most of the technological arenas including the automotive sector. The market for consumer electronics devices is constantly growing with the manufacturers coming up with advanced technologies and features in their devices on a regular basis and rising disposable incomes of users in the developed and developing economies.

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