3D sensors help machines understand the object in terms of shape, size, depth, and distance at which an object is placed. 3D sensors achieve this using projected light patterns and a camera system. Major applications of 3D sensors these days include gesture recognition and motion detection. The U.S. 3D Sensors market is estimated to reach $1,912.18m by 2025, growing at a CAGR of 33.5% during the forecast period 2020–2025. Image sensors, which find applications in night vision equipment and medical imaging equipment hold major share in the U.S. 3D Sensors market and are expected to continue their dominance throughout the forecast period.
U.S. 3D Sensors Market Outlook
3D sensors have a wide range of applications in today’s modern life. This ranges from cameras to drones and robots. These sensors transmit data with a high speed, consume less power, and are portable. The technology used in 3D sensors is stereo vision, structured light, time of flight, and ultrasound. The different types of products include image sensor, pressure sensor, temperature sensor, acoustic sensor, and others. According to findings, the consumer electronics segment will hold a major share in the U.S. 3D Sensors market by 2025. The automotive segment in the U.S. 3D Sensors market is expected to grow significantly at a CAGR of 45.8% during the forecast period due to the increasing usage of 3D sensors in Advanced Driver-Assistance Systems (ADAS).
U.S. 3D Sensors Market Growth Drivers
The primary growth driver for the market is the increase in usage of the 3D sensors in the defense applications. 3D sensors of infrared sensing type are emerging in defense technologies owing to their ability to assist in carrying out operations in low light or even in dark conditions. Additionally, the growing adoption of 3D sensors in consumer electronics is another growth driver for the U.S. 3D Sensors market. The use of these sensors in consumer electronics is revolutionizing the way people interact with the devices, which is drawing huge demand from the consumers. Gesture recognition and motion detection technologies are few of such technologies, which employ 3D sensors. Also the growing usage of 3D sensors in security and surveillance is driving the market for the 3D sensors in the U.S.
U.S. 3D Sensors Market Challenges
High maintenance and repair costs of 3D sensors are dissuading the adoption of 3D sensors. Image sensors, the fastest growing type of 3D sensors by CAGR, face severe resistance from these factors. Additionally, 3D sensor product development involves high costs, which is discouraging new companies from entering the market. The resulting limited competition is driving the prices of 3D sensors, which remains as a major hurdle for the growth of the market.
U.S. 3D Sensors Market Research Scope
The base year of the study is 2020, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the U.S. 3D Sensors market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of 3D sensors and its applications in various industries.
U.S. 3D Sensors Market Report: Industry Coverage
Types of 3D Sensors: Image sensor, pressure sensor, position sensor, accelerometer sensor, temperature sensor, acoustic sensor, infrared sensor, and others
Consumer Products with 3D Sensors: Smartphone, wearable devices, laptop, television, gaming devices, and others
By Technology: Capacitive sensing, ultrasonic, electric field, MEMS, camera based recognition 3D, structured light, time of flight, stereo vision, and others
By End Use: Consumer electronics, automotive, industrial automation, robotics, medical devices, aerospace, defense, and others
Infrared Sensing Applications in Defense: Thermal imaging, surveillance, range finding/range detection, missile tracking, precision guided munitions, and ballistic missile defense
U.S. 3D Sensors Market Key Players Perspective
Some of the key players mentioned in this report are Microchip Technology Inc. (U.S.), OmniVision Technologies Inc. (U.S.), Infineon Technologies AG (Germany), Texas Instruments Inc. (U.S.), ams AG (Austria), Sick AG (Germany), Cognivue Corporation (Canada) and others.
U.S. 3D Sensors Market Trends
3D sensor technology is finding interesting applications in the automotive industry. Lately it is being adopted in ADAS systems to monitor the driver reflexes. Sensors are placed in the vehicle interior, which detects the driver’s motion and warns if they seem to experience fatigue while driving.
There is a growing implementation of 3D sensors for gesture recognition in user interface. This technology can be used to control games or entertainment devices by mere gestures. In order to meet the needs of gesture and 3D sensing customers, manufacturers are integrating this technology with other optical elements, electronic drivers, and control logic, which can be customized to meet the specific applications.
There is extensive research going on in the development of 3D imaging sensors, which can penetrate through walls. This feature will enhance the level of security services greatly.
Table of Contents
2.2. Key Trends by Type of Application
2.3. Key Trends segmented by Geography
3.1.1. Product Benchmarking – Top 10 Companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value Split by Top 10 Companies
3.1.4. Patent Analysis – Top 10 Companies
3.1.5. Pricing Analysis
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5.4. Porter’s Five Forces Model
5.4.1. Bargaining Power of Suppliers
5.4.2. Bargaining Power of Customers
5.4.3. Threat of New Entrants
5.4.4. Rivalry Among Existing Players
5.4.5. Threat of Substitutes
6.2. Opportunities Analysis
6.3. Product Life Cycle
6.4. Suppliers and Distributors Market Share
7.2. Application Revenue and Trend by Type
7.3. Product Segment Analysis
7.3.1. Image Sensor
184.108.40.206. Stereo Vision
220.127.116.11. Structured Light
18.104.22.168. Time of Flight
7.3.2. Pressure Sensor
7.3.3. Position Sensor
7.3.4. Accelerometer Sensor
7.3.5. Infrared Sensor
7.3.6. Temperature Sensor
7.3.7. Acoustic Sensor
8.2. Application Revenue and Trends by Type of Technology
8.3. Application Segment Analysis by Type
8.3.1. Capacitive Sensing
8.3.3. Electric Field
8.3.5. Camera Based Recognition 3D
8.3.6. Structured Light
8.3.7. Time of Flight
8.3.8. Stereo Vision
9.2. Application Revenue and Trends by Type Consumer Products
9.3. Application Segment Analysis by Type
9.3.2. Gaming and Wearables
10.2. Application Revenue and Trends by End Use Type
10.3. Application Segment Analysis by Type
10.3.1. Consumer electronics
10.3.3. Industrial automation
10.3.5. Medical devices
11.2. Application Revenue and Trends by Defense Infrared Applications
11.3. Application Segment Analysis by Type
11.3.1. Thermal Imaging
11.3.3. Range Finding/Range Detection
11.3.4. Missile Tracking
11.3.5. Precision Guided Munitions
11.3.6. Ballistic Missile Defence
12.2. M&As, Collaborations, JVs, and Partnerships
13.1.1. Market Share by Type of Application – Top 10 Companies
13.1.2. Market Share by Type of Product/Product Category – Top 10 Companies
13.1.3. Market Share at Global Level – Top 10 Companies
13.1.4. Best Practices for Companies
14.2. Microchip Technology Inc.
14.3. OmniVision Technologies Inc.
14.4. Infineon Technologies AG
14.5. Texas Instruments Inc.
14.6. Sick AG
14.7. Cognivue Corporation
16.2. Company Expert Interviews
16.3. Industry Databases
16.5. Company News
16.6. Company Annual Reports
16.7. Application Trends
16.8. New Products and Product Database
16.9. Company Transcripts
16.10. R&D Trends
16.11. Key Opinion Leaders Interviews
16.12. Supply and Demand Trends