Market Overview:
The global time of flight (ToF) module market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for ToF modules in smart phones, tablets, robot vacuums, automotive, drones and other applications. Additionally, the growing demand for ToF modules in industrial and surveillance applications is also contributing to the growth of this market. However, factors such as high cost and limited availability are restraining the growth of this market.
Product Definition:
Time of Flight (ToF) Module is an important component in 3D sensing technology. It is used to calculate the time taken for a light signal to travel between two points. This information can be used to create a depth map of the surrounding area.
Direct:
The global Direct, it's usage and growth factor in ToF (Time of Flight) Module market size was valued at USD 4.5 billion in 2016. The increasing demand for security and surveillance systems is expected to drive the market growth over the forecast period.
Indirect:
The global Indirect and it's usage in ToF (Time of Flight) module market size was valued at USD 4.5 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 14.4% from 2019 to 2023. The indirect time-of-flight technology measures the time taken for an object to travel from one point A to another point B, using some form of signal or communication between the two points as a medium.
Application Insights:
The others segment includes security, tracking and identification, and other applications. Other ToF applications include consumer electronics, healthcare devices, smartwatches and glasses, augmented reality systems in smartphones (via ToF cameras), gaming consoles/PCs (via IR sensors), tablets (via capacitive sensors or touch panels), robots vacuum cleaners (using a laser sensor) automotive safety & security systems using infrared light sources & detectors. The growing adoption of time of flight technology for various purposes across different application segments is expected to drive the global market growth over the forecast period.
Time of flight technology has numerous advantages such as real-time sensing capability; enhanced accuracy; higher precision; faster response time; lower power consumption compared to other technologies such as radar or optical sensing solutions that are used for similar purposes in automobiles.
Regional Analysis:
North America dominated the global time of flight module market in 2017. The region is expected to maintain its position during the forecast period owing to high demand for smart devices, increasing adoption of ToF technology in smartphones and tablets, and growing consumer electronics manufacturing industry.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid developments in consumer electronics manufacturing industry along with rising demand for low-cost products. Furthermore, improving internet connectivity has led consumers towards purchasing smart devices such as smartphones and laptops which will drive regional market growth over the forecast period.
Growth Factors:
- Increasing demand for 3D sensing and gesture recognition in consumer electronics
- Rising demand for ToF modules in automotive applications
- Growing popularity of augmented reality (AR) and virtual reality (VR)
- Proliferation of drones and other unmanned aerial vehicles (UAVs)
- Increasing adoption of ToF modules in security and surveillance applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Time of Flight (ToF) Module Market Research Report
By Type
Direct, Indirect
By Application
Smart Phones, Tablets, Robot Vacuums, Automotive, Drones, Surveillance, Industrial, Others
By Companies
LG Innotek, Samsung Electro-Mechanics, Foxconn (Sharp), Sunny Optical, O-Film, Luxvisions (Liteon), Q-Tech, AMS, Primax, Chicony, Cowell, Partron
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Time of Flight (ToF) Module Market Report Segments:
The global Time of Flight (ToF) Module market is segmented on the basis of:
Types
Direct, Indirect
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
Smart Phones, Tablets, Robot Vacuums, Automotive, Drones, Surveillance, Industrial, 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:
- LG Innotek
- Samsung Electro-Mechanics
- Foxconn (Sharp)
- Sunny Optical
- O-Film
- Luxvisions (Liteon)
- Q-Tech
- AMS
- Primax
- Chicony
- Cowell
- Partron
Highlights of The Time of Flight (ToF) Module 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:
- Direct
- Indirect
- By Application:
- Smart Phones
- Tablets
- Robot Vacuums
- Automotive
- Drones
- Surveillance
- Industrial
- 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 (ToF) Module 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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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 (ToF) module is a sensor that uses light to measure the distance between two points. This technology can be used in a variety of applications, such as security and medical imaging.
Some of the major companies in the time of flight (tof) module market are LG Innotek, Samsung Electro-Mechanics, Foxconn (Sharp), Sunny Optical, O-Film, Luxvisions (Liteon), Q-Tech, AMS, Primax, Chicony, Cowell, Partron.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Time of Flight (ToF) Module 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 (ToF) Module Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Time of Flight (ToF) Module 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 (ToF) Module 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 (ToF) Module Market Size & Forecast, 2020-2028 4.5.1 Time of Flight (ToF) Module Market Size and Y-o-Y Growth 4.5.2 Time of Flight (ToF) Module Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Direct
5.2.2 Indirect
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Smart Phones
6.2.2 Tablets
6.2.3 Robot Vacuums
6.2.4 Automotive
6.2.5 Drones
6.2.6 Surveillance
6.2.7 Industrial
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Time of Flight (ToF) Module 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 (ToF) Module 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Direct
9.6.2 Indirect
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 Market Size Forecast by Applications
9.10.1 Smart Phones
9.10.2 Tablets
9.10.3 Robot Vacuums
9.10.4 Automotive
9.10.5 Drones
9.10.6 Surveillance
9.10.7 Industrial
9.10.8 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Direct
10.6.2 Indirect
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 Market Size Forecast by Applications
10.10.1 Smart Phones
10.10.2 Tablets
10.10.3 Robot Vacuums
10.10.4 Automotive
10.10.5 Drones
10.10.6 Surveillance
10.10.7 Industrial
10.10.8 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Direct
11.6.2 Indirect
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 Market Size Forecast by Applications
11.10.1 Smart Phones
11.10.2 Tablets
11.10.3 Robot Vacuums
11.10.4 Automotive
11.10.5 Drones
11.10.6 Surveillance
11.10.7 Industrial
11.10.8 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Direct
12.6.2 Indirect
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 Market Size Forecast by Applications
12.10.1 Smart Phones
12.10.2 Tablets
12.10.3 Robot Vacuums
12.10.4 Automotive
12.10.5 Drones
12.10.6 Surveillance
12.10.7 Industrial
12.10.8 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Direct
13.6.2 Indirect
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) Market Size Forecast by Applications
13.10.1 Smart Phones
13.10.2 Tablets
13.10.3 Robot Vacuums
13.10.4 Automotive
13.10.5 Drones
13.10.6 Surveillance
13.10.7 Industrial
13.10.8 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 (ToF) Module Market: Competitive Dashboard
14.2 Global Time of Flight (ToF) Module Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LG Innotek
14.3.2 Samsung Electro-Mechanics
14.3.3 Foxconn (Sharp)
14.3.4 Sunny Optical
14.3.5 O-Film
14.3.6 Luxvisions (Liteon)
14.3.7 Q-Tech
14.3.8 AMS
14.3.9 Primax
14.3.10 Chicony
14.3.11 Cowell
14.3.12 Partron