Market Overview:
The global time of flight laser distance sensor market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for these sensors in various applications such as aerospace and defense, automotive, and others. Additionally, the growing adoption of these sensors in emerging economies is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period. On basis on type, digital time-of-flight (ToF) laser distance sensors are expected to witness highest growth rate during forecast period due their advantages over analog ToF laser distance sensors in terms precision and accuracy.
Product Definition:
Time of Flight Laser Distance Sensor is a device that can measure the distance between two points by calculating the time it takes for a laser pulse to travel between them. This information can be used to calculate the speed of an object, or to create a map of an area.
Analog:
Analog is a continuously varying quantity. It has no fixed values and can take on many different values at the same time. In other words, it is a variable or quantity that takes on different values according to circumstances. For instance, temperature is an analog in nature as its value changes with variations in degree Celsius and Fahrenheit.
Digital:
The digital and it’s usage in time of flight laser distance sensor market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes growing adoption rate for smart devices such as smartphones, tablets, and other wearable gadgets.
Time-of-flight (ToF) sensors are used to measure the time taken for an optical pulse to travel between two points.
Application Insights:
The aerospace and defense application segment accounted for the largest market share in 2017. The use of time of flight sensors in aircraft is critical to several applications, such as air traffic control, navigation, and crew training. Furthermore, the development of autonomous vehicles is expected to increase demand over the forecast period. The automotive application segment is also estimated to witness significant growth during the study period owing to increasing adoption across commercial vehicles and heavy-duty trucks.
Regional Analysis:
North America dominated the global time of flight laser distance sensor market in 2017. The growth can be attributed to the presence of major players such as InfraScan, Inc.; Optech; and Globalive Technologies LLC. In addition, increasing defense spending by countries such as the U.S., Canada, and Mexico is expected to drive demand for these sensors over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over a period of eight years from 2018 to 2030 owing to rapid industrialization coupled with government initiatives encouraging investments in manufacturing facilities for automotive manufacturers and aerospace companies are some factors driving regional growth.
Growth Factors:
- Increasing demand for Time of Flight Laser Distance Sensor in the automotive industry for advanced driver assistance systems (ADAS) and autonomous driving applications
- Growing demand from the industrial sector for laser distance sensors in machine vision and 3D scanning applications
- Proliferation of low-cost, small form factor Time of Flight Laser Distance Sensors
- Increasing adoption of Time of Flight Laser Distance Sensors in consumer electronics products such as smartphones, tablets, and wearables
- Development of innovative new applications for Time of Flight Laser Distance Sensors
Scope Of The Report
Report Attributes
Report Details
Report Title
Time of Flight Laser Distance Sensor Market Research Report
By Type
Analog, Digital, Other
By Application
Aerospace and Defense, Automotive, Others
By Companies
Sony, Ams AG, PMD Technologies, Texas Instruments, Panasonic, Micro-Epsilon, Ifm Electronic GmbH, Banner Engineering Corp, DELTA SAS, DATALOGIC S.P.A., Jenoptik, ASTECH Angewandte Sensortechnik GmbH, STMicroelectronics, Acuity Laser, ABB, Yafei Anzhi 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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Time of Flight Laser Distance Sensor Market Report Segments:
The global Time of Flight Laser Distance Sensor market is segmented on the basis of:
Types
Analog, Digital, Other
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
Aerospace and Defense, Automotive, Others
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:
- Sony
- Ams AG
- PMD Technologies
- Texas Instruments
- Panasonic
- Micro-Epsilon
- Ifm Electronic GmbH
- Banner Engineering Corp
- DELTA SAS
- DATALOGIC S.P.A.
- Jenoptik
- ASTECH Angewandte Sensortechnik GmbH
- STMicroelectronics
- Acuity Laser
- ABB
- Yafei Anzhi Technology
Highlights of The Time of Flight Laser Distance Sensor 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:
- Analog
- Digital
- Other
- By Application:
- Aerospace and Defense
- Automotive
- Others
- 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 Time of Flight Laser Distance Sensor 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.
How you may use our products:
- 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?
A Time of Flight Laser Distance Sensor is a device that uses lasers to measure the distance between two points. This sensor can be used to determine the size and shape of objects, as well as their distance from the sensor.
Some of the major players in the time of flight laser distance sensor market are Sony, Ams AG, PMD Technologies, Texas Instruments, Panasonic, Micro-Epsilon, Ifm Electronic GmbH, Banner Engineering Corp, DELTA SAS, DATALOGIC S.P.A., Jenoptik, ASTECH Angewandte Sensortechnik GmbH, STMicroelectronics, Acuity Laser, ABB, Yafei Anzhi Technology.
The time of flight laser distance sensor market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Time of Flight Laser Distance Sensor 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 Time of Flight Laser Distance Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Time of Flight Laser Distance Sensor 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 Time of Flight Laser Distance Sensor 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 Time of Flight Laser Distance Sensor Market Size & Forecast, 2018-2028
4.5.1 Time of Flight Laser Distance Sensor Market Size and Y-o-Y Growth
4.5.2 Time of Flight Laser Distance Sensor Market Absolute $ Opportunity
Chapter 5 Global Time of Flight Laser Distance Sensor 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 Time of Flight Laser Distance Sensor Market Size Forecast by Type
5.2.1 Analog
5.2.2 Digital
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Time of Flight Laser Distance Sensor 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 Time of Flight Laser Distance Sensor Market Size Forecast by Applications
6.2.1 Aerospace and Defense
6.2.2 Automotive
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Time of Flight Laser Distance Sensor 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 Time of Flight Laser Distance Sensor 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 Time of Flight Laser Distance Sensor Analysis and Forecast
9.1 Introduction
9.2 North America Time of Flight Laser Distance Sensor 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 Time of Flight Laser Distance Sensor Market Size Forecast by Type
9.6.1 Analog
9.6.2 Digital
9.6.3 Other
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 Time of Flight Laser Distance Sensor Market Size Forecast by Applications
9.10.1 Aerospace and Defense
9.10.2 Automotive
9.10.3 Others
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 Time of Flight Laser Distance Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe Time of Flight Laser Distance Sensor 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 Time of Flight Laser Distance Sensor Market Size Forecast by Type
10.6.1 Analog
10.6.2 Digital
10.6.3 Other
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 Time of Flight Laser Distance Sensor Market Size Forecast by Applications
10.10.1 Aerospace and Defense
10.10.2 Automotive
10.10.3 Others
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 Time of Flight Laser Distance Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Time of Flight Laser Distance Sensor 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 Time of Flight Laser Distance Sensor Market Size Forecast by Type
11.6.1 Analog
11.6.2 Digital
11.6.3 Other
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 Time of Flight Laser Distance Sensor Market Size Forecast by Applications
11.10.1 Aerospace and Defense
11.10.2 Automotive
11.10.3 Others
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 Time of Flight Laser Distance Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Time of Flight Laser Distance Sensor 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 Time of Flight Laser Distance Sensor Market Size Forecast by Type
12.6.1 Analog
12.6.2 Digital
12.6.3 Other
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 Time of Flight Laser Distance Sensor Market Size Forecast by Applications
12.10.1 Aerospace and Defense
12.10.2 Automotive
12.10.3 Others
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) Time of Flight Laser Distance Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Time of Flight Laser Distance Sensor 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) Time of Flight Laser Distance Sensor Market Size Forecast by Type
13.6.1 Analog
13.6.2 Digital
13.6.3 Other
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) Time of Flight Laser Distance Sensor Market Size Forecast by Applications
13.10.1 Aerospace and Defense
13.10.2 Automotive
13.10.3 Others
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 Time of Flight Laser Distance Sensor Market: Competitive Dashboard
14.2 Global Time of Flight Laser Distance Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sony
14.3.2 Ams AG
14.3.3 PMD Technologies
14.3.4 Texas Instruments
14.3.5 Panasonic
14.3.6 Micro-Epsilon
14.3.7 Ifm Electronic GmbH
14.3.8 Banner Engineering Corp
14.3.9 DELTA SAS
14.3.10 DATALOGIC S.P.A.
14.3.11 Jenoptik
14.3.12 ASTECH Angewandte Sensortechnik GmbH
14.3.13 STMicroelectronics
14.3.14 Acuity Laser
14.3.15 ABB
14.3.16 Yafei Anzhi Technology
