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Global Depth Sensing Market – Industry Trends and Forecast to 2030

Semiconductors and Electronics

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Global Depth Sensing Market – Industry Trends and Forecast to 2030

  • Semiconductors and Electronics
  • Upcoming Report
  • Aug 2023
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Depth Sensing Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 7.72 Million
Diagram Market Size (Forecast Year) USD 19.66 Million
Diagram CAGR %

Global Depth Sensing Market, By Type (Passive and Active), Component (Camera/Lens Module, Sensor, and Illuminator), Technology (Time-of-Flight, Structured Light and Stereo Vision), End user Industry (Automotive, Driver Monitoring, Building Automation, Consumer Electronics, Robotics, Medical Imaging, Drones and Breathing Analysis), Application (Navigation Systems, Quality Inspection, Logistics, Facial Recognitions, and Others) - Industry Trends and Forecast to 2030.

Depth Sensing Market

Depth Sensing Market Analysis and Size

The global depth sensing market is segmented on the basis of type, component, technology, application, and end-user industry. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Data Bridge Market Research analyses that the global depth sensing market, which was USD 7.72 million in 2022, would rocket up to USD 19.66 million by 2030 and is expected to undergo a CAGR of 12.4% during the forecast period.

Depth sensing refers to the ability to capture and measure the distance of objects or surfaces in a three-dimensional (3D) space. It is commonly used in various fields and applications due to its importance in providing valuable depth information. Depth sensing technology, such as 3D camera and depth sensors, has gained popularity in consumer electronics devices. Moreover, depth-sensing technology is integrated into automotive applications, particularly for advanced driver assistance systems (ADAS) and autonomous vehicle. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Depth Sensing Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Type (Passive and Active), Component (Camera/Lens Module, Sensor, and Illuminator), Technology (Time-of-Flight, Structured Light, and Stereo Vision), End user Industry (Automotive, Driver Monitoring, Building Automation, Consumer Electronics, Robotics, Medical Imaging, Drones and Breathing Analysis), Application (Navigation Systems, Quality Inspection, Logistics, Facial Recognitions, and Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa

Market Players Covered

Texas Instruments Incorporated (U.S.), Infineon Technologies AG (Germany), Qualcomm Technologies, Inc. (U.S.), Stereolabs Inc. (U.S.), Sony Depthsensing Solutions SA/NV. (Belgium), Intel Corporation (U.S.), Melexis (Belgium), Tower Semiconductor (Israel), ESPROS Photonics (Switzerland), ASUSTeK Computer Inc. (Taiwan), LIPS Corporation (Taiwan), Sunny Optical Technology (Group) Company Limited (China), Creative Technology Ltd. (Singapore), Nerian Vision Technologies (Germany), BECOM Bluetechnix GmbH (Austria), Sunny Optical (China), HUMAVOX LTD (Israel), Powermat (Israel), Powercast Corp. (U.S.), Fulton Innovation LLC (U.S.), TDK Corporation (Japan), WiTricity Corporation (U.S.), Integrated Device Technology, Inc. (U.S.), Ossia Inc. (U.S.)

Market Opportunities

  • Increasing Demand in Emerging Applications
  • Technological Advancements
  • Integration with Artificial Intelligence

Market Definition

Depth sensing equipment is devices or systems specifically designed to capture and measure the depth or distance of objects or surfaces in a three-dimensional (3D) space. This equipment employ various technologies and sensors to determine the spatial information of the surroundings accurately. Moreover, depth sensing technology is defined as measuring the distance to an object using a depth sensor device. With the aid of this depth-sensing technology, any target, whether a line, dots, or a collection of dots forming an area, can be easily measured. 3D depth sensors, also called 3D cameras or 3D scanners, generate depth information from a scene by measuring the distance between the sensor and the objects in front of it.

Global Depth Sensing Market Dynamics

Drivers

  • Growing demand for depth sensors in applications such as augmented reality

The growing demand for depth sensors in applications such as augmented reality ​​​​​​​(AR) can be attributed to the desire for more immersive and realistic experiences. Depth sensors play a crucial role in AR by enabling devices to perceive the surrounding environment and accurately overlay virtual content onto the real world.

  • Adoption of sensors in virtual reality and gesture control

In recent years, there has been a remarkable surge in demand for depth sensors, particularly in virtual reality (VR) and gesture control. These cutting-edge technologies have revolutionized how we interact with digital content, providing immersive experiences and intuitive interfaces. Depth sensors play a pivotal role in enabling these advancements by accurately perceiving and tracking the depth information of objects and movements in real time. As a result, they have become an indispensable component in developing VR applications and gesture-based control systems. This growing demand for depth sensors is a testament to the increasing interest in creating more immersive and natural user experiences, where virtual worlds seamlessly blend with the physical realm and human gestures effortlessly translate into digital actions.

  • Increase in the use of depth sensing technology

Depth sensing refers to the ability of a system to accurately perceive and measure the distances between objects and the environment in three-dimensional space. This technology has gained tremendous momentum due to its wide range of applications and the numerous benefits it offers. From robotics and autonomous vehicles to augmented reality and medical imaging, depth sensing has become integral to many cutting-edge solutions. The ability to capture precise depth information allows for enhanced object recognition, spatial mapping, and gesture tracking, among other functionalities. With the increasing demand for more immersive virtual experiences, the rise of autonomous systems, and the need for precise measurements in various fields, depth sensing technology is expected to continue its upward trajectory, shaping the future of numerous industries.

Opportunity

  • Advancement in technologies

Increasing depth-sensing techniques in smartphones to enable facial detection, recognition, and authentication is expected to drive depth sensing demand during the forecast period. Moreover, technological advancements and modernization will create new opportunities for the depth sensing market during the forecast period.

Restraint/Challenge

  • High cost associated with depth sensors

The high cost of depth sensors and the requirement of a perfect angle for stereo depth sensing technology influence market growth and are expected to impede the global depth sensing market in the coming years.

Recent Development

  • In November 2020, Texas Instruments won the most innovative product in the Industrial category of the Best of Sensors Awards 2020 for its TMCS1100 and TMCS1101 zero-drift Hall-effect current sensors

Global Depth Sensing Market Scope

The global depth sensing market is segmented based on well type, component, technology, application, and end user industry. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and insights to help them make strategic decisions for identifying core market applications.

Type

  • Passive
  • Active

Component

  • Camera/Lens Module
  • Sensor
  • Illuminator

Technology

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

End user Industry

Application

  • Navigation Systems
  • Quality Inspection
  • Logistics
  • Facial Recognitions
  • Others

Global Depth Sensing Market Regional Analysis/Insights

The global depth sensing market is analyzed and market size insights and trends are provided by country, well type, application, equipment, and function, as referenced above.

The countries covered in the global depth sensing market report are the U.S., Canada, and Mexico in North America, Germany, France, the U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.  

Asia-Pacific is expected to dominate the global depth sensing market due to the rising adoption of numerous consumer electronics products such as smartphones, laptops, PCs, tablets, headsets, and the region's growing electronics manufacturing industry.

North America will pose the highest growth in the global depth sensing market owing to the increased proliferation of video content and gaming, as well as an increase in demand for 3D imaging technology throughout the region.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Semiconductor Infrastructure growth Installed base and New Technology Penetration

The global depth sensing market also provides you with a detailed market analysis for every country’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the global depth sensing market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the depth sensing market. The data is available for the historic period 2015-2020.

Competitive Landscape and Global Depth Sensing Market Share Analysis

The global depth sensing market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points are only related to the companies' focus on the global depth sensing market.

Some of the major players operating in the global depth sensing market are:

  • Texas Instruments Incorporated (U.S.)
  • Infineon Technologies AG (Germany)
  • Qualcomm Technologies, Inc. (U.S.)
  • Stereolabs Inc. (U.S.)
  • Sony Depthsensing Solutions SA/NV. (Belgium)
  • Intel Corporation (U.S.)
  • Melexis (Belgium)
  • Tower Semiconductor (Israel)
  • ESPROS Photonics (Switzerland)
  • ASUSTeK Computer Inc. (Taiwan)
  • LIPS Corporation (Taiwan)
  • Sunny Optical Technology (Group) Company Limited (China)
  • Creative Technology Ltd. (Singapore)
  • Nerian Vision Technologies (Germany)
  • BECOM Bluetechnix GmbH (Austria)
  • Sunny Optical (China)
  • HUMAVOX LTD (Israel)
  • Powermat (Israel)
  • Powercast Corp. (U.S.)
  • Fulton Innovation LLC (U.S.)
  • TDK Corporation (Japan)
  • WiTricity Corporation (U.S.)
  • Integrated Device Technology, Inc. (U.S.)
  • Ossia Inc. (U.S.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Depth Sensing Market will be worth USD 19.66 million by 2030.
The Depth Sensing Market Growth Rate is 12.4% during the forecast period.
The Growing demand for depth sensors in applications such as augmented reality, Adoption of sensors in virtual reality and gesture control and Increase in the use of depth sensing technology are the Growth drivers of the Depth Sensing Market.
The type, component, technology, application, and end-user industry are the factors on which the Depth Sensing Market Research is based.
The Texas Instruments won the most innovative product in the Industrial category of the Best of Sensors Awards 2020 for its TMCS1100 and TMCS1101 zero-drift Hall-effect current sensors are the latest developments in the Depth Sensing Market.
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