DALLAS, June 10, 2015 /PRNewswire/ --
According to a new market research report "3D Sensor Market by Technology (Ultrasound, TOF, Structured Light, Stereo Vision), Type(Image, Position, Acoustic, Accelerometer), Application (consumer Electronics, Entertainment, Automotive) and by Geography - Trends & Forecast to 2014 - 2020", published by MarketsandMarkets, the market is expected to reach $3,319.71 Million by 2020, growing at a CAGR of 25.51% between 2015 and 2020.
Browse 71 market data tables and 99 figures spread through 189 pages and in-depth TOC on "3D Sensor Market".
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The 3D sensor market is estimated to grow at a favorable CAGR of 25.51% between 2015 and 2020. The 3D sensor market is a very dynamic market and it holds a great potential as an emerging technology. The advancements in technology due to the constant R&D efforts in this sector make it one of the prominent segments in the current industrial scenario. The 3D sensing technology has a major role to play in the semiconductor industry due to its cost-effective matrix which results in the longer lifespan of products and systems along with greater reliability. The key features of the 3D sensor technology include high efficiency, better ability to withstand rough environmental conditions, and a longer lifespan than the conventional sensors which makes them ideal for the consumer, automotive, and media & entertainment applications.
This report describes the market trends, drivers, and challenges with respect to the global 3D Sensors Market, and forecasts the market up to 2020 on the basis of the types, applications, and geography. This report gives a detailed view of the market across geographies, namely North America, Europe, Asia-Pacific, and RoW. The North American region comprises the U.S., Canada, and Mexico. The APAC region comprises countries such as China, Japan, South Korea, and India. North America holds the largest market size in terms of value; while the APAC region is expected to grow at the highest CAGR in this market. Europe, comprising Germany and the U.K., is a promising market, while the RoW also shows signs of growth in this market.
The competitive landscape of the market indicates a number of new product launches and small scale collaborations, agreements, and partnerships across the value chain, with important technology providers present around the globe. Major electronics players are collaborating with small-scale technology providers to gain a significant share in this market.
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The major players in this field include Infineon Technologies (Germany), PrimeSense (Israel), LMI Technologies (Canada), SoftKinetic (Belgium), Cognex Corporation (U.S.), IFM Electronic (Germany), Omnivision Technologies (U.S.), Occipital, Inc. (U.S.), and pmdtechnologies gmbH (Germany).
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