Global 3D Sensors Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global 3D Sensors Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Three-dimensional (3D) sensor is the process of obtaining length, width, and depth information electronically and using this data to improve the interfaces between humans, devices, and the world. 3D sensor technology uses near infrared light reflection, geometric principles, photography, and advanced computing power to enable machines to “see” people and objects in a detailed, meaningful way.

Market Overview:

The latest research study on the global 3D Sensors market finds that the global 3D Sensors market reached a value of USD 2143.72 million in 2022. It’s expected that the market will achieve USD 11257.75 million by 2028, exhibiting a CAGR of 31.84% during the forecast period.

Supply chain strain

First of all, due to the global new crown epidemic, raw material prices have risen and supply has been tight. The main raw materials of 3D sensors are related to the semiconductor industry. Affected by the epidemic, factories in some areas have been shut down, and all aspects of the semiconductor industry chain, such as packaging and testing, have been impacted. Due to the surge in demand for home isolation electronic equipment, the imbalance between supply and demand has led to a shortage of chips. affected. 3D sensor raw materials are also in short supply and prices have risen.
Second, global logistics are affected. Due to the epidemic, there is a shortage of labor, accumulation of goods in some ports, and a shortage of containers. At the same time, logistics in some areas were interrupted, making it impossible to deliver and receive goods, resulting in damaged orders.

Digital transformation

The global COVID-19 epidemic has made enterprises fully aware of the huge energy contained in digitalization, attach importance to the rapid development of digital technology, implement the application of digital technology in enterprises, and deploy forward-looking development plans for digital technology. The digital upgrade of enterprise-related business has become an important development direction. 3D sensor manufacturers actively build a digital business form and build a data-based operation system.

Advances in consumer electronics are driving demand for 3D sensors

Over the past 10 years, the consumer electronics market has experienced a slow adoption of 3D depth-sensing technology. The first commercial application of this technology was observed in the field of gaming. Recently, 3D depth-sensing technology has rapidly widened its applicability in the field of 3D imaging and detection. The ability of mobile devices to capture pictures in 3D instead of 2D is one of the key factors contributing to the increasing applicability of 3D sensing technology.
3D sensors are widely used in various scenarios of consumer electronics. Gesture applications translate human movements (faces, hands, fingers, or whole-body) into symbolic directives to command gaming consoles, smart televisions, or portable computing devices. Significant use of 3D sensing is observed in the gaming industry. The use of 3D sensing technology in virtual reality games has helped players to control the game by mere gestures and not having any physical contact with the gaming console. Many of these use-cases are relying on intelligent software, particularly when it comes to image recognition situations powered by machine learning. Smartphone companies are focused on incorporating 3D sensors in their devices. The first generation of AR, which relies on standard rear-facing cameras, has already started to impact social media and e-commerce. It allows social media users to create funny 3D effects and helps customers of furniture manufacturers, such as IKEA, to virtually place and arrange furniture before they are being purchased. The combination of technologies such as computer vision signal processing, machine learning, and ToF helps in the creation of products or their features.

Industry barriers are high

3D sensors have a high degree of specialization and have a high technical threshold, which leads to market concentration. Several leading companies master core technologies and control production. From the perspective of chip supply, the top semiconductor companies are mainly concentrated in the United States. In the field of infrared laser light source VCSEL foundry, Taiwanese manufacturer WIN Semiconductors occupies a major share in the world. Collimating lens WLO technology has high technical barriers, and there are very few manufacturers with mass production capabilities in the world, mainly in the hands of Heptagon (acquired by AMS), Himax, VisEra, Anteryon and other manufacturers. Manufacturing is concentrated in major manufacturers such as Texas Instruments Inc. Therefore, 3D sensor technology has a high threshold and industry barriers.

Region Overview:

In 2022, the share of the 3D Sensors market in Europe stood at 29.36%.

Company Overview:

Infineon Technologies AG is one of the major players operating in the 3D Sensors market, holding a share of 18.43% in 2022.

Infineon Technologies AG

Infineon Technologies AG is a German semiconductor manufacturer founded in 1999, when the semiconductor operations of the former parent company Siemens AG were spun off. Infineon has about 50,280 employees and is one of the ten largest semiconductor manufacturers worldwide. They play a key role in shaping a better future with microelectronics that link the real and the digital world. Their semiconductors enable efficient energy management, smart mobility, as well as secure, seamless communications in an increasingly connected world.

Sony Corporation

Sony Group Corporation is a Japanese multinational conglomerate corporation headquartered in Kōnan, Minato, Tokyo, Japan. As a major technology company, it operates as one of the world's largest manufacturers of consumer and professional electronic products, the largest video game console company and the largest video game publisher. It is one of the largest music companies and the third largest film studio, making it one of the most comprehensive media companies. It is the largest technology and media conglomerate in Japan. The main businesses of the company include: Games & Network Services, Music, Electronics Products & Solutions, Imaging & Sensing Solutions, Financial Services, New Initiatives.

Segmentation Overview:

By type, Image segment accounted for the largest share of market in 2022.

Image

Image 3D sensors enable electronic devices to acquire a real 3D map of the scene in front of the device. The surroundings, objects and people are transformed into the digital space in real time. Algorithms use that data to measure distances and sizes, to track motions and to convert the shape of objects into 3D models.

Position

The position 3D sensor enables flexible sensor and magnet orientations by integrating features such as an angle calculation engine, measurement averaging, and gain and offset compensation.

Accelerometer

The 3D Acceleration Sensor captures movements in three dimensions. Its primary application is to detect and record movement/acceleration of the extremities.

Acoustic

The acoustic 3D sensor provides the complete sound field information including the direction of the propagation vectors in three dimensional space at a given point.

Application Overview:

The market's largest segment by application is the segment Consumer electronics, with a market share of 55.96% in 2022.

Key Companies in the global 3D Sensors market covered in Chapter 3:

Ams AG
Sony Corporation
STMicroelectronics
Sick AG
Infineon Technologies AG
Texas Instruments Inc
OmniVision Technologies Inc

In Chapter 4 and Chapter 14.2, on the basis of types, the 3D Sensors market from 2018 to 2029 is primarily split into:

Image
Position
Accelerometer
Acoustic

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the 3D Sensors market from 2018 to 2029 covers:

Consumer electronics
Medical care
Aerospace and defense
Industrial robot
Automobile
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)