Depth Sensing Market 2

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Depth Sensing Market


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Depth Sensing Industry 2020 Research Report Analysis 2023 Depth Sensing Market - Synopsis Depth Sensing market is poised to reach the valuation of USD 7.43 BN by 2023 registering 11.64 CAGR throughout the forecast period The global depth sensing market is growing rapidly primarily due to the increasing applications in gaming applications and the rise in demand for enhanced security and surveillance systems among end-users. Applications of this technology are growing in some of the burgeoning industries such as automotive electronics defense and healthcare among others. Considering the significant traction the market is garnering currently Market Research Future MRFR in its recently published study analysis asserts that the global Depth Sensing market is poised to reach the valuation of USD 7.43 BN by 2023 registering 11.64 CAGR throughout the forecast period 2017 – 2023. In 2017 the market garnered a value of USD 3.87 BN which indicates that the market is expected to witness over double-fold growth in just six years. Get FREE Sample Depth Sensing Market Report Over the past couple of years depth sensing technology has garnered massive popularity due to the increasing integration of depth-sensing techniques in smartphones to enable facial detection recognition and authentication. Additional factors that are supporting the growth of the market include the considerable investments in the research and development activities to foster product development and launches. Also due to the increase in IoT-based solutions the demand for depth sensing is expected to surge in the recent future. On the flipside factors such as the high costs of the depth sensors and the necessity of perfect angle for stereo depth-sensing technology are some impeding the growth of the market growth. Major Players: Key players leading the global depth sensing market include Intel US Texas Instruments US Qualcomm US Infineon Technologies Germany Stereolabs US Creative Technology Singapore PMD technologies AG Germany Sony Depthsensing Solutions Belgium Espros Photonics Corporation Switzerland BECOM Bluetechnix GmbH Austria Aquifi US Melexis Belgium Nerian Vision Technologies Germany Tower Semiconductor Israel Occipital US Vrmagic Holding AG Germany Sunny Optical Technology China ASUSTeK Computer Taiwan PrimeSense Israel and LIPS Corporation Taiwan among others. Industry/ Innovation/ Related News May 21 2019 - Magik Eye Inc. the US the leading company involved in developing 3D sensor technology and has a family of 3D depth sensing solutions that support a wide range of applications for smartphones robotics and surveillance presented its new technology Invertible Light™ at the 2019 Embedded Vision Summit. Invertible Light is a new approach for depth sensing that enables the smallest fastest and most power-efficient 3D sensing. Invertible Light aims to transform 3D sensing in the coming age of

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robotics and machine vision for the masses replacing traditional methods such as Structured Light Time of Flight and Stereo Scoping Imaging. Global Depth Sensing Market - Segments For a better understanding the analysis is segmented into five key dynamics: By Component : Camera Lens Module Sensors and Illuminator By Type : Active and Passive Depth Sensing By Technology : Stereo Vision Time-of-Flight and Structured Light By Vertical : Automotive Consumer Electronics Industrial and Medical among others. By Region : Asia Pacific North America Europe and the Rest-of-the-World. Access Depth Sensing Market Report Details Regional Analysis The global market for depth sensing is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of depth sensing market is covered for North America Europe Asia-Pacific and the rest of the world. Asia-Pacific is expected to dominate the market owing to the increasing demand for depth sensing in consumer electronics applications which include smartphones tablets and gaming headsets. North America is also expected to see significant growth during the forecast period due to the increased proliferation of video content and gaming and rise in demand for 3D imaging technology across the region. The growing adoption of 3D sensors is one of the major factors driving the growth of depth sensing market in this region. The implementation of 3D sensors is rising in various end-user industries such as automotive healthcare and aerospace and defense and automotive. About Market Research Future: At Market Research Future MRFR we enable our customers to unravel the complexity of various industries through our Cooked Research Report CRR Half-Cooked Research Reports HCRR Raw Research Reports 3R Continuous-Feed Research CFR and Market Research Consulting Services. Contact: Market Research Future +1 646 845 9312 Email:

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