Market Overview:
The global depth sensing market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The increasing demand for 3D scanning and imaging in various applications such as automotive, building automation, consumer electronics, industrial and medical is driving the growth of the global depth sensing market. Additionally, the growing demand for advanced safety features in automobiles is also propelling the growth of this market. However, high installation and maintenance costs may restrain the growth of this market to some extent during the forecast period.
Product Definition:
Depth sensing is the ability to determine the distance of an object from a sensor. This information is used in many applications, including 3D printing, autonomous vehicles, and facial recognition. Depth sensing is important because it allows devices to interact with their surroundings in a more accurate way.
Stereo Vision:
Stereo vision is a method used to create an image from two images captured at different angles. The technology has wide applications in robotics, remote sensing and surveillance, 3D imaging, and video conferencing. It’s major advantage is that it can provide information about the depth of objects without any special equipment or knowledge of the subject matter being observed.
Structured Light:
Structured light is a technology that uses narrow, focused light to capture images of the surface below. It works by illuminating the subject with a series of short, quick pulses of light and then detecting variations in the intensity of reflected light. The technology has applications in medical imaging as well as inspection and scanning for industrial manufacturing purposes.
The global depth sensing market size was valued at USD 648 million in 2015.
Application Insights:
Based on applications, the market has been segmented into automotive, consumer electronics, building automation, industrial and medical. The automotive application segment is expected to witness significant growth over the forecast period owing to increasing adoption of LiDAR for rangefinding and lane departure warning systems. Furthermore, it provides a real-time 3D image of the environment around the vehicle which helps in improving overall safety by reducing blind spots.
The growing need for advanced driver assistance systems (ADAS) in various industries including construction and mining is expected to drive demand over the forecast period. ADAS solutions such as laser scanners are increasingly being deployed at construction sites along with other sensors such as ultrasound for improved accuracy while measuring distances to avoid any accidents during excavation activities. Such trends are anticipated to boost industry growth across all regions over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period owing to increasing demand for depth sensing technology from various end-use industries such as industrial, medical, and consumer electronics. In addition, growing adoption of IoT and advancements in sensor technologies are also contributing towards regional growth.
The Asia Pacific region is projected to exhibit a high CAGR over the forecast period owing to rapid developments in industrial automation and smart manufacturing practices across several Asian countries such as China, Japan, South Korea, India among others. Moreover rising investments by governments for deploying advanced sensors across numerous applications are further anticipated to drive regional growth during the forecast years from 2018 till 2030 (estimated).
Moreover technological advancements coupled with increased penetration of smartphones are driving consumer electronics manufacturers including Samsung Electronics Co., Ltd.; Sony Corporation; LG Electronics Inc.
Growth Factors:
- Increasing demand for 3D sensing in smartphones and tablets
- Rising demand for depth sensing in automotive sector
- Growing popularity of gesture recognition and facial recognition technology
- Proliferation of AR and VR applications
- Increasing adoption of depth sensing in security and surveillance
Scope Of The Report
Report Attributes
Report Details
Report Title
Depth Sensing Market Research Report
By Type
Stereo Vision, Structured Light, Time-of-flight
By Application
Automotive, Building Automation, Consumer Electronics, Industrial, Medical
By Companies
Texas Instruments, Infineon, Pmdtechnologies, Intel, Qualcomm, Stereolabs, Sony Depthsensing Solutions, Becom Bluetechnix, Espros Photonics, Creative Technology Ltd, Sunny Optical Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Depth Sensing Market Report Segments:
The global Depth Sensing market is segmented on the basis of:
Types
Stereo Vision, Structured Light, Time-of-flight
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Building Automation, Consumer Electronics, Industrial, Medical
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Texas Instruments
- Infineon
- Pmdtechnologies
- Intel
- Qualcomm
- Stereolabs
- Sony Depthsensing Solutions
- Becom Bluetechnix
- Espros Photonics
- Creative Technology Ltd
- Sunny Optical Technology
Highlights of The Depth Sensing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stereo Vision
- Structured Light
- Time-of-flight
- By Application:
- Automotive
- Building Automation
- Consumer Electronics
- Industrial
- Medical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Depth Sensing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Depth sensing is a technology that uses an image sensor to measure the distance between two points. This information can be used to determine how deep something is, or to create a three-dimensional map of an object.
Some of the major players in the depth sensing market are Texas Instruments, Infineon, Pmdtechnologies, Intel, Qualcomm, Stereolabs, Sony Depthsensing Solutions, Becom Bluetechnix, Espros Photonics, Creative Technology Ltd, Sunny Optical Technology.
The depth sensing market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Depth Sensing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Depth Sensing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Depth Sensing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Depth Sensing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Depth Sensing Market Size & Forecast, 2018-2028
4.5.1 Depth Sensing Market Size and Y-o-Y Growth
4.5.2 Depth Sensing Market Absolute $ Opportunity
Chapter 5 Global Depth Sensing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Depth Sensing Market Size Forecast by Type
5.2.1 Stereo Vision
5.2.2 Structured Light
5.2.3 Time-of-flight
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Depth Sensing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Depth Sensing Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Building Automation
6.2.3 Consumer Electronics
6.2.4 Industrial
6.2.5 Medical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Depth Sensing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Depth Sensing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Depth Sensing Analysis and Forecast
9.1 Introduction
9.2 North America Depth Sensing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Depth Sensing Market Size Forecast by Type
9.6.1 Stereo Vision
9.6.2 Structured Light
9.6.3 Time-of-flight
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Depth Sensing Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Building Automation
9.10.3 Consumer Electronics
9.10.4 Industrial
9.10.5 Medical
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Depth Sensing Analysis and Forecast
10.1 Introduction
10.2 Europe Depth Sensing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Depth Sensing Market Size Forecast by Type
10.6.1 Stereo Vision
10.6.2 Structured Light
10.6.3 Time-of-flight
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Depth Sensing Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Building Automation
10.10.3 Consumer Electronics
10.10.4 Industrial
10.10.5 Medical
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Depth Sensing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Depth Sensing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Depth Sensing Market Size Forecast by Type
11.6.1 Stereo Vision
11.6.2 Structured Light
11.6.3 Time-of-flight
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Depth Sensing Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Building Automation
11.10.3 Consumer Electronics
11.10.4 Industrial
11.10.5 Medical
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Depth Sensing Analysis and Forecast
12.1 Introduction
12.2 Latin America Depth Sensing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Depth Sensing Market Size Forecast by Type
12.6.1 Stereo Vision
12.6.2 Structured Light
12.6.3 Time-of-flight
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Depth Sensing Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Building Automation
12.10.3 Consumer Electronics
12.10.4 Industrial
12.10.5 Medical
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Depth Sensing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Depth Sensing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Depth Sensing Market Size Forecast by Type
13.6.1 Stereo Vision
13.6.2 Structured Light
13.6.3 Time-of-flight
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Depth Sensing Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Building Automation
13.10.3 Consumer Electronics
13.10.4 Industrial
13.10.5 Medical
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Depth Sensing Market: Competitive Dashboard
14.2 Global Depth Sensing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Texas Instruments
14.3.2 Infineon
14.3.3 Pmdtechnologies
14.3.4 Intel
14.3.5 Qualcomm
14.3.6 Stereolabs
14.3.7 Sony Depthsensing Solutions
14.3.8 Becom Bluetechnix
14.3.9 Espros Photonics
14.3.10 Creative Technology Ltd
14.3.11 Sunny Optical Technology
