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

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

A depth camera is a type of camera that can measure the amount of distance between itself and objects in the frame or the distance between two objects. With the gradual development of technologies such as machine vision, artificial intelligence, and autonomous driving, there are more and more related applications for object recognition, behavior recognition, and scene modeling using depth cameras.

Market Overview:

The latest research study on the global Depth Camera market finds that the global Depth Camera market reached a value of USD 11349.38 million in 2022. It’s expected that the market will achieve USD 39071.42 million by 2028, exhibiting a CAGR of 22.88% during the forecast period.

The epidemic has also affected the depth camera industry. Raw material prices have risen, supply chains have been interrupted, production and operations of downstream industries have been impacted, and short-term demand has been affected. In the long run, with the weakening of the impact of the epidemic, the recovery of production and life, the upgrading and iteration of products and technologies, and the continuous development of downstream industries, the market prospect is broad. For example, with the development of 5G, Internet of Things, and artificial intelligence technologies, depth cameras can be applied to 3D space scanning, service robots, AR interaction, human body/animal scanning, intelligent farming and animal husbandry, intelligent transportation, security behavior recognition, somatosensory fitness, etc. In the industrial field, the epidemic will promote industrial automation production, and the depth camera will expand the application of 3D scanning, micro deformation measurement, pipe bending angle measurement and analysis, positioning and navigation of industrial robots, etc.

1 Drivers

1.1 The depth camera has obvious advantages and has a wide range of downstream applications.
1.2 Advances in consumer electronics drive demand for depth cameras.
1.3 The development of the automotive industry drives the demand for depth cameras.

2 Restraints and Challenges

2.1 The R&D investment of the depth camera industry is large, and the capital barrier is high
2.2 Raw material price fluctuations.

3 Opportunities

At present, depth cameras are facing rapid iterations in terms of resolution, accuracy, and computing power. In the future, as the resolution and accuracy become higher and higher, the computing power at the edge will become stronger and stronger, and the requirements for AI visual computing power chips will also increase. Accelerated technological iteration will accelerate the application of the depth camera's visual perception technology to the application field.

Region Overview:

Europe was the largest revenue market with a market share of 31.34% in 2017 and 24.17% in 2022, a decrease of 7.18%.

Company Overview:

Apple
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, United States. The world's most important mobile product manufacturer with built-in 3D vision sensors has been in a leading position in the layout of mobile phones, tablets, VR and AR fields based on 3D visual perception technology.
The industry concentrate rate is relativity high. The market share of the top three companies in 2021 was 49.81%. The top three companies are Apple, Texas Instruments and STMicroelectronics, with the revenue market share of 41.93%, 4.04% and 3.84% in 2021.

Segmentation Overview:

By type,Time-of-flight Camera segment accounted for the largest share of market in 2021.

Application Overview:

Consumer Electronics
Consumer electronics are electronic equipment intended for everyday use, typically in private homes. With the development of technology, depth cameras are widely used in consumer electronics products for biometric identification, distance measurement, immersive interaction, somatosensory interaction, etc. From work video calls to high-tech security cameras and more, 3D depth cameras will provide depth mapping capabilities to provide consumer electronics users with a high-quality experience. Smartphones are one of the largest application scenarios for depth cameras in consumer electronics.

Robotics and Drone

Depth Cameras are widely used in the field of robots and Drone. Robots operating in highly dynamic environments utilize Time of Flight (ToF) and structured light technologies to quickly identify work objects and obstacles. Drones may combine ToF, LiDAR, stereo vision, and ultrasonic sensors to enable them to operate on autonomous flight modes with collision avoidance systems.

Machine Vision and Industrial Automation

Machine vision is the technology and methods used to provide imaging-based automatic inspection and analysis for such applications as automatic inspection, process control, and robot guidance.Industrial automation is the use of control systems, such as computers or robots, and information technologies for handling different processes and machineries in an industry to replace a human being. Depth cameras can be used in 3D scanning, micro-deformation measurement, angle measurement and analysis of elbows, positioning and navigation in the industrial field. Depth cameras are an important component of machine vision and industrial automation.

Security and Surveillance

Depth cameras innovation allow remote, real-time sensing and monitoring along with more detailed detection of information and improved processes in the security and surveillance. Exchanging information and integrating real-time monitoring via digitization and sensor proliferation. Distributing the accurate information and resources at the right time based on deep awareness gained through the data collected.

Automobile

Depth Camera is widely used in the automotive industry. It can increase safety by alerting the driver when people and objects in the vicinity of the car are detected; it also helps in computer-assisted driving. Assisted Driving/Automated Driver Assistance Systems (AD/ADAS) are integrated with Depth Camera technology to increase safety while enhancing the driving experience.

By application, the Consumer Electronics segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Depth Camera market covered in Chapter 3:

IFM Electronic GmbH
Sunny Optical
HIKVISON
Apple
Orbbec
Odos-imaging
Teledyne
STMicroelectronics
Texas Instruments
LMI Technologies
Espros Photonics
SoftKinetic (Sony)
Fastree3D

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

Structured-Light Camera
Stereo Vision Camera
Time-of-flight Camera
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Depth Camera market from 2018 to 2029 covers:

Consumer Electronics
Robotics and Drone
Machine Vision and Industrial Automation
Security and Surveillance
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)