3D Image Sensor Market

3D Image Sensor Market Outlook – 2030

The global 3D image sensor market is experiencing a significant growth and is expected to grow considerably in the next few years. With increased adoption of sensors in various industries and methodologies, it has given rise to the development of 3D technology, which can gauge real-time shapes. 3D image sensing uses stereo camera, which is a type of incorporating two or more lenses with different image sensors and film frames for each individual lens, resulting the camera to form a stimulation of human binocular vision, and thus sensing 3D images. Innovations in the 3D image sensing industry pave the way for improved and better images sensors stimulating accurate and precise 3D images than others.

The global 3D image sensor market is segmented on the basis of type, application, industry vertical, and region. Based on type, the 3D image sensor market is bifurcated into charge coupled device (CCD) and complementary metal-oxide semiconductor (CMOS). In terms of application, the market is categorized into virtual reality, biomedical image analysis, navigation devices, surveillance, car safety, and others. On the basis of industry vertical, the market is divided into consumer electronics, healthcare, entertainment, aerospace & defense, industrial, automotive, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global 3D image sensor industry include SoftKinetic, PMD Technologies, Omnivision Technologies, IFM Electronic GmbH, Asustek Computer, LMI Technologies, Intel Corporation, Microchip Technology, Microsoft Corporation, and Infineon Technologies. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global 3D image sensor market.

Top Impacting Factors

3D image sensors are in high demand due to current developments in industrial automation and rising demand for face recognition technologies. The rise in usage of face recognition technologies for security purposes is expected to promote the growth of the 3D image sensor market size as these sensors ensure the genuine objects.

Rise in implementation of 3D image sensors in the aviation industry and increase in demand from the manufacturing industry propel the global 3D image sensors market. Object tracking, component design, and component inspection are just a few of the applications for 3D image sensors in the process and discrete manufacturing industries.

Attributed to the increasing demand for triple and quad cameras in smartphones, advancements in medical imaging and increased penetration of image sensor in automotive ADAS applications are all opening new opportunities for the growth of 3D image sensor technologies.

Positive Shift to CMOS Technology Due to Improvement in 3D Image Sensor Market Growth

CMOS technology is facing positive growth in demand and supply due to its compact size, improved sensitivity, and efficient utilization of power. The reason for its sudden growth and fame is attributed to better image quality and lower manufacturing cost.

The image sensor market size is further going to expand with more development in CMOS technology and advanced improvements in image sensing technologies.

The Image Sensor Market is Growth with Positive Rise in ADAS System Technology From the Automotive Sector

With emerging technologies, such as machine vision, asset management, artificial intelligence, and related innovative technologies, the modern automotive sector is growing tremendously with 360-degree surround camera in sync with an advanced driver assistant system, plus additional beneficial features such as 360-degree vision, anti-lock brakes, lane departure warning, electronic stability control, traction control, and adaptive cruise control. ADAS infrastructure is more efficient in utilization of image sensors for its machine vision technology. The concept of driverless cars or automated vehicles has been possible with ADAS technology.

With above emerging concepts, the demand for adoption of image sensors is going to increase during the recast period.

Key Benefits of the Report

• This study presents the analytical depiction of the global 3D image sensor market forecast along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the 3D image sensor market share.
• The current market is quantitatively analyzed to highlight the 3D image sensor market trends and growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed 3D image sensor market analysis on the basis of competitive intensity and how the competition will take shape in coming years.

COVID-19 Impact Analysis

• The COVID-19 pandemic is impacting the society and overall economy across the global. The impact of this outbreak is growing day-by-day as well as affecting the supply chain. It is creating uncertainty in the stock market, falling business confidence, massive slowing of supply chain, and increasing panic among customers. European countries under lockdowns have suffered a major loss of business and revenue due to shutdown of manufacturing units in the region. Operations of production and manufacturing industries have been heavily impacted by the outbreak of COVID-19, which led to slowdown in growth of the market in 2020.
• According to the market trends, COVID-19 has severely impacted the global manufacturing and industrial sector as production facilities have stalled, which, in turn, have led to significant demand in industries.
• Significant growth in the 3D image sensor market can be witnessed during the forecast period once the lockdown will be over and the production rates recover.

Questions Answered in the 3D Image Sensor Market Research Report

• Which are the leading market players active in the 3D image sensor market?
• What would be the detailed impact of COVID-19 on the 3D image sensor market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What are the projections for the future that would help in taking further strategic steps?

 3D Image Sensor Market Report Highlights