3D Sensing Technology Market Size, Share, Opportunities, And Trends By Technology (Stereo 3D Sensor, Structured Light Sensor, Time Of Flight Sensor), By Deployment (Short Range (0-10m), Mid-range (10-30m), Long-range (30m+)), By End-user (Consumer Electronics, Automotive, Healthcare, Others), And By Geography - Forecasts From 2024 To 2029

  • Published : Feb 2024
  • Report Code : KSI061616626
  • Pages : 146

The 3d sensing technology market is anticipated to expand at a high CAGR over the forecast period.

3D sensing technology refers to the ability of a system to capture and analyze three-dimensional information from the surrounding environment. Creating a three-dimensional digital representation of the real world is the main objective of 3D sensing. Numerous industries, including computer vision, robotics, gaming, virtual and augmented reality, healthcare, and the automotive sector, have found this technology useful.

In 3D sensing technologies, structured light, time-of-flight, stereo vision, light detection and ranging (LiDAR), and depth-sensing cameras are a few prominent techniques. LiDAR is widely utilized in autonomous cars, mapping, and surveying to provide precise 3D mapping and object detection. Time-of-flight cameras track how long it takes a light signal to move from its source to an object and back. The system can create a 3D representation of the scene by calculating the time delay and determining the distance to each point.

Applications for 3D sensing technologies include medical imaging, vehicle safety, gesture control, and facial recognition. Mobile phones and security systems use facial recognition, which takes a three-dimensional picture of a person's face to provide access. In contrast, it is employed in medical imaging for patient monitoring, diagnostics, and procedures.

Market Drivers

  • Growing usage in the automotive industry propels the growth of 3d sensing technology-

3D sensing technology has gained extensive acceptance within the automotive industry for various applications, including monitoring the cabin environment, autonomous driving, and advanced driver assistance systems (ADAS). The increased incorporation of 3D sensing in vehicles is driven by its ability to enhance object recognition, navigation, and safety functionalities. By offering accurate and comprehensive data, 3D sensing contributes to the advancement of Advanced Driver Assistance Systems (ADAS). 3D sensors play a vital role in preventing collisions by detecting obstacles and other vehicles on the car's path, enabling the activation of emergency braking systems, or issuing timely warnings.

To ensure a strong emphasis on passive safety, REAL3 3D in-cabin sensing cameras adhere to ISO26262 ASIL-B standards by capturing and analyzing data in various scenarios such as driver monitoring, occupant recognition, and smart airbag systems. Additionally, these cameras enable convenient in-vehicle payments and enable access to personal information and cloud services.

Growing usage in the healthcare industry in propelling the growth of 3D sensing technology-

In the field of healthcare, 3D sensing plays a crucial role in medical imaging, surgical planning, and patient monitoring. The advancements in 3D sensing technology have resulted in improved precision in medical treatments and enhanced diagnostic capabilities. The healthcare sector utilizes 3D sensing for various purposes, including the creation of custom prosthetics, craniofacial reconstruction, and many other applications. Notably, in craniofacial reconstruction, 3D sensing aids in the accurate visualization and preparation of surgical procedures.

One such product is the Aesculap EinsteinVision 3.0 camera system, which creates three-dimensional images that mimic the unique perspectives of the left and right eyes. During surgery, the camera head captures photos from two full HD sensors, each from a different angle. To create a sense of depth, the observer wears 3D glasses, which enable the brain to process the incoming signals through different pathways.

Market Restraint-

  • Limited range and resolution-

It can be challenging for some 3D sensors to collect accurate depth data at greater ranges due to their limited effective range. Applications such as far-reaching object detection may be impacted by this limitation. Furthermore, getting high-resolution 3D scans can be challenging, particularly when working with small or intricate pieces.

The 3D sensing technology market is segmented based on technology

The market for 3D sensing technology can be categorized into various types of technologies, each with its own unique methods of capturing three-dimensional data. A structural light sensor projects a pattern onto a surface and determines depth by analyzing changes in the pattern. Stereo vision utilizes multiple cameras to capture images from different angles, and depth is calculated based on the differences between these images. Time-of-flight measures the time it takes for a light or laser pulse to travel to an object and back, using this data to determine distance and generate a depth map.  

North America is anticipated to hold a significant share of the 3d sensing technology market.

The North American region is projected to have a substantial market for 3D sensing technology. This growth is driven by advancements in technology and automation across industries. The rising demand for improved safety features, efficiency, and decreased human errors is boosting the adoption of 3D sensors in products such as automobiles, mobile phones, industrial robots, lighting systems, and machinery in manufacturing plants.

Cron AI, a deep-tech company, has partnered with the US-based Autonomy Institute to aid the development of smart infrastructure in the United States. This partnership facilitates technology with seamless communication between autonomous vehicles and roadside infrastructure, playing a key role in resolving road mishaps involving automated driving.

Key Developments

  • December 2023 – Teledyne unveiled the XtiumTM2-XGV PX8, a cutting-edge image acquisition board that converts GigE Vision image packets into accessible and usable images. This exceptional technology incorporates a real-timed depacketization engine, ensuring prompt and efficient image processing. It is capable of effortlessly acquiring images from multiple exceptional sources, including independent 10, 5, 2.5, or 1 GigE Vision line scans, area scans, and even 3D profile cameras.
  • March 2023 – According to the news announcement, Micro-epsilon pioneered high-precision sensor technology that would be utilized in the semiconductor industry for several process steps, including slicing, wafer tilted measurement, wafer stage placement, and position determination during wafer handling.

Company Products

  • Z-Trak  – Z-Trak is a line of 3D profile sensors that use laser triangulation to provide high-resolution, real-time height readings. For in-line measurement, inspection, identification, and guidance applications in the automotive, electronics, semiconductor, and factory automation industries, these lightweight IP67-rated profile sensors are perfect. The Z-Trak series has Power-Over-Ethernet (POE) to make setup and configuration easier, multi-sensor synchronization using generic Gigabit network routers, and real-time laser line optimization for consistent measurement results.
  • Magnetic and inductive sensor – Stray field immune location sensing is provided by ams OSRAM magnetic and inductive sensor integrated circuits. Suitable for industrial, consumer, and automotive motor control as well as any demanding position-sensing application.

Market Segmentation-

  • By Technology
    • Stereo 3D Sensor
    • Structured Light Sensor
    • Time of Flight Sensor
  • By Deployment
    • Short range (0-10m)
    • Mid-range (10-30m)
    • Long-range (30m+)
  • By End-user
    • Consumer Electronics
    • Automotive
    • Healthcare
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • UK
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Indonesia
      • Taiwan
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key benefits to the stakeholder

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Russia-Ukraine War Impact Analysis

5. 3D SENSING TECHNOLOGY MARKET BY TECHNOLOGY 

5.1. Introduction

5.2. Stereo 3D Sensors

5.2.1. Market opportunities and trends

5.2.2. Growth prospects

5.2.3. Geographic lucrativeness 

5.3. Structured Light Sensors

5.3.1. Market opportunities and trends

5.3.2. Growth prospects

5.3.3. Geographic lucrativeness 

5.4. Time of Flight Sensors

5.4.1. Market opportunities and trends

5.4.2. Growth prospects

5.4.3. Geographic lucrativeness 

6. 3D SENSING TECHNOLOGY MARKET BY DEPLOYMENT

6.1. Introduction

6.2. Short range (0-10m)

6.2.1. Market opportunities and trends

6.2.2. Growth prospects

6.2.3. Geographic lucrativeness 

6.3. Mid-range (10-30m)

6.3.1. Market opportunities and trends

6.3.2. Growth prospects

6.3.3. Geographic lucrativeness 

6.4. Long-range (30m+)

6.4.1. Market opportunities and trends

6.4.2. Growth prospects

6.4.3. Geographic lucrativeness 

7. 3D SENSING TECHNOLOGY MARKET BY END-USER

7.1. Introduction

7.2. Consumer Electronics

7.2.1. Market opportunities and trends

7.2.2. Growth prospects

7.2.3. Geographic lucrativeness 

7.3. Automotive

7.3.1. Market opportunities and trends

7.3.2. Growth prospects

7.3.3. Geographic lucrativeness 

7.4. Healthcare

7.4.1. Market opportunities and trends

7.4.2. Growth prospects

7.4.3. Geographic lucrativeness 

7.5. Others

7.5.1. Market opportunities and trends

7.5.2. Growth prospects

7.5.3. Geographic lucrativeness 

8. 3D SENSING TECHNOLOGY MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Technology 

8.2.2. By Deployment

8.2.3. By End-user

8.2.4. By Country

8.2.4.1. United States

8.2.4.1.1. Market Trends and Opportunities

8.2.4.1.2. Growth Prospects

8.2.4.2. Canada

8.2.4.2.1. Market Trends and Opportunities

8.2.4.2.2. Growth Prospects

8.2.4.3. Mexico

8.2.4.3.1. Market Trends and Opportunities

8.2.4.3.2. Growth Prospects

8.3. South America

8.3.1. By Technology 

8.3.2. By Deployment

8.3.3. By End-user

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.1.1. Market Trends and Opportunities

8.3.4.1.2. Growth Prospects

8.3.4.2. Argentina

8.3.4.2.1. Market Trends and Opportunities

8.3.4.2.2. Growth Prospects

8.3.4.3. Others

8.3.4.3.1. Market Trends and Opportunities

8.3.4.3.2. Growth Prospects

8.4. Europe

8.4.1. By Technology 

8.4.2. By Deployment

8.4.3. By End-user

8.4.4. By Country

8.4.4.1. Germany

8.4.4.1.1. Market Trends and Opportunities

8.4.4.1.2. Growth Prospects

8.4.4.2. France

8.4.4.2.1. Market Trends and Opportunities

8.4.4.2.2. Growth Prospects

8.4.4.3. United Kingdom

8.4.4.3.1. Market Trends and Opportunities

8.4.4.3.2. Growth Prospects

8.4.4.4. Spain

8.4.4.4.1. Market Trends and Opportunities

8.4.4.4.2. Growth Prospects

8.4.4.5. Others

8.4.4.5.1. Market Trends and Opportunities

8.4.4.5.2. Growth Prospects

8.5. Middle East and Africa

8.5.1. By Technology 

8.5.2. By Deployment

8.5.3. By End-user

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.1.1. Market Trends and Opportunities

8.5.4.1.2. Growth Prospects

8.5.4.2. UAE

8.5.4.2.1. Market Trends and Opportunities

8.5.4.2.2. Growth Prospects

8.5.4.3. Israel

8.5.4.3.1. Market Trends and Opportunities

8.5.4.3.2. Growth Prospects  

8.5.4.4. Others

8.5.4.4.1. Market Trends and Opportunities

8.5.4.4.2. Growth Prospects

8.6. Asia Pacific

8.6.1. By Technology 

8.6.2. By Deployment

8.6.3. By End-user

8.6.4. By Country

8.6.5. China

8.6.5.1. Market Trends and Opportunities

8.6.5.2. Growth Prospects

8.6.6. Japan

8.6.6.1. Market Trends and Opportunities

8.6.6.2. Growth Prospects

8.6.7. India

8.6.7.1.1. Market Trends and Opportunities

8.6.7.1.2. Growth Prospects

8.6.8. South Korea

8.6.8.1.1. Market Trends and Opportunities

8.6.8.1.2. Growth Prospects

8.6.9. Indonesia

8.6.9.1.1. Market Trends and Opportunities

8.6.9.1.2. Growth Prospects

8.6.10. Taiwan

8.6.10.1.1. Market Trends and Opportunities

8.6.10.1.2. Growth Prospects

8.6.11. Others

8.6.11.1. Market Trends and Opportunities

8.6.11.2. Growth Prospects

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisition, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Micro-epsilon

10.2. Aixtron

10.3. ams-OSRAM AG.

10.4. Teledyne Digital Imaging Inc.

10.5. SmartRay GmbH.

10.6. Intel

10.7. lumentum operations pvt ltd

10.8. Coherent Corp.

10.9. Texas Instruments Incorporated

10.10. pmdtechnologies ag


Micro-epsilon

Aixtron

ams-OSRAM AG.

Teledyne Digital Imaging Inc.

SmartRay GmbH.

Intel

lumentum operations pvt ltd

Coherent Corp.

Texas Instruments Incorporated

pmdtechnologies ag