Global Time-of-Flight Sensors for Automotive In-Cabin Market Growth 2023-2029

Global Time-of-Flight Sensors for Automotive In-Cabin Market Growth 2023-2029

One of the main drivers for achieving the ultimate goal of fully autonomous vehicles is to increase road safety. A recent report by the NHTSA estimated that over 90% of all accidents are due to driver errors, so eliminating these will make for much safer roads. While mass-produced fully automated vehicles remain some way in the future, iToF can make a significant contribution to road safety by Driver Monitoring the driver and his / her behavior.
Driver fatigue is a significant issue and the high resolution attainable with iToF is able to see if the driver has their eyes on the road ahead, whether they are yawning excessively, or even struggling to keep their eyes open. Detecting each of these and suggesting (or even enforcing) a break can potentially avoid accidents and save lives. Other driver behaviors such as not holding the steering wheel properly, eating while driving or using a mobile device in a non-hands-free manner can also be identified and a warning issued or action taken, ultimately bringing the vehicle to a safe stop if needs be.
Airbags have saved many, many lives and are a valuable feature in almost all vehicles these days. However, there have been some cases, especially with infants or the elderly where they have caused injury or worse. ToF is able to detect the size of and estimate the weight of Passenger Safetys, modifying the airbag deployment as necessary. In the event that there is no Passenger Safety in the seat, ToF can prevent unnecessary airbag deployment.
Many modern hybrid vehicles will start and run the internal combustion engine to charge the batteries when they are almost depleted. As it is easy to leave a vehicle with the ignition ‘on’ as the old-fashioned ignition key is a thing of the past, a vehicle can automatically start when unattended. This is potentially dangerous, especially in a confined space, but can easily be prevented by ToF-based occupant detection.
Alongside the improvements in vehicle safety, the same ToF system is also able to add a whole range of comfort and convenience inside the cabin for the benefit of drivers and Passenger Safetys. For example, seats could be moved and seat belts could be brought closer when a Passenger Safety gets into the vehicle, storage compartments could be illuminated when a hand reaches in that direction or the operation of the infotainment system could be modified based upon the number and location of vehicle occupants.
As vehicles become more sophisticated, the human-machine interfaces (HMI) in the cockpit must become more complex. A ToF sensor in conjunction with a light projector could provide a control panel on any available surface, providing greater convenience and flexibility.
LPI (LP Information)' newest research report, the “Time-of-Flight Sensors for Automotive In-Cabin Industry Forecast” looks at past sales and reviews total world Time-of-Flight Sensors for Automotive In-Cabin sales in 2022, providing a comprehensive analysis by region and market sector of projected Time-of-Flight Sensors for Automotive In-Cabin sales for 2023 through 2029. With Time-of-Flight Sensors for Automotive In-Cabin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Time-of-Flight Sensors for Automotive In-Cabin industry.
This Insight Report provides a comprehensive analysis of the global Time-of-Flight Sensors for Automotive In-Cabin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Time-of-Flight Sensors for Automotive In-Cabin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Time-of-Flight Sensors for Automotive In-Cabin market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Time-of-Flight Sensors for Automotive In-Cabin and breaks down the forecast by raw materials, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Time-of-Flight Sensors for Automotive In-Cabin.
The global Time-of-Flight Sensors for Automotive In-Cabin market size is projected to grow from US$ 17 million in 2022 to US$ 113.9 million in 2029; it is expected to grow at a CAGR of 113.9 from 2023 to 2029.
Global Time-of-Flight Sensors for Automotive In-Cabin key players include Melexis, Infineon Technologies, etc. Global top two manufacturers hold a share over 95%.
Europe is the largest market, with a share about 60%, followed by Asia Pacific, and North America, both have a share about 40 percent.
In terms of application, the largest application is Gesture Control, followed by Driver Monitor, Passenger Safety.
This report presents a comprehensive overview, market shares, and growth opportunities of Time-of-Flight Sensors for Automotive In-Cabin market by product raw materials, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by raw materials
Wafer
Lead Frame
Photoresist
Other
Segmentation by application
Gesture Control
Driver Monitor
Passenger Safety
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Melexis
Infineon Technologies
Ams
Key Questions Addressed in this Report
What is the 10-year outlook for the global Time-of-Flight Sensors for Automotive In-Cabin market?
What factors are driving Time-of-Flight Sensors for Automotive In-Cabin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Time-of-Flight Sensors for Automotive In-Cabin market opportunities vary by end market size?
How does Time-of-Flight Sensors for Automotive In-Cabin break out raw materials, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.