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3D Sensing Technology Industry 2019Description:-
The global 3D sensing technology market is set to witness an impressive growth trajectory over the forecast period. The latest report provided by GlobalInfoResearch has provided a detailed analysis of the global 3D sensing technology market along with market dynamics, segmentation and insightful regional analysis. Attributable factors responsible for the growth of the market include rising demand for 3D sensing technology from several industry verticals and elevating popularity of next-generation smartphones and gaming devices. Industry verticals such as automotive, healthcare, and consumer electronics are expected to contribute heavily to the extensive rise in the demand for 3D sensing technologies.
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Apart from that, the gaming and smartphone industry is observed to invest heavily in augmenting consumer experience. Manufacturers present in these industries are constantly aiming for product differentiation to capture a larger share of their relevant markets through the integration of 3D sensing technologies in their products. These factors are influencing proliferated adoption of 3D sensing technologies, boosting market growth.
Furthermore, continued developments in the camera technology and upscaling demand to integrate 3D sensors in 3D gaming technology are some of the important factors driving the global 3D sensing technologies market. The market is expected to witness sizeable growth owing to the application of 3D sensors in smart homes such as detection of indoor navigation. Growth prospects of the 3D sensing technologies include the advancements in the compatible integration of 3D sensing technology with nanotechnology. However, high maintenance costs and restoration cost of 3D sensors is hindering the market growth through the conjecture period.
Market Segmentation
The global market for 3D sensing technologies is studied for segmentation carried out on the basis of type, application, and region. Based on type, the market is segmented into structured light pattern, stereoscopic vision, ultrasound, and time of flight. Based on application, the market segments studied include automotive, consumer electronics, media and entertainment, security and surveillance, and industrial.
Detailed Regional Analysis
The global 3D sensing technologies market is studied for various segments such as North America, South America, Asia Pacific, the Middle East and Africa, and Europe. North America is further segmented into the United States, Canada, and Mexico. Europe is segmented into the United Kingdom, Italy, France, Germany, Spain, and Russia. Asia Pacific is sub-segmented into Philippines, India, China, South Korea, Japan, Australia, Indonesia, Singapore, Thailand, and Malaysia. South America is studied for the segments of Colombia, Argentina, and Brazil. The Middle East & Africa’s 3D sensing technologies market is segmented further into the United Arab Emirates, Saudi Arabia, Turkey, Egypt, and South Africa.
North America is anticipated to rule the global 3D sensing technologies market over the forecast period, retaining dominance. Booming 3D sensors marketplace in the region, along with the presence of several market players are some of the primary factors causative of extensive growth of the regional market. The US is anticipated to spearhead the country-specific market for 3D sensing technologies.
Key Players
Distinguished vendors in the 3D sensing technologies market include AMS AG, Infineon Technologies, Sony, Intel, Ifm Electronic, STMicroelectronics, Texas Instruments, Finisar, II-VI Incorporated, Lumentum Holdings, and Himax Technologies.
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