Asia-Pacific Time-of-Flight Sensor Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Device Type (RF-Modulated Light Sources With Phase Detectors, Range-Gated Imagers, and Direct Time-of-Flight Imagers), Vertical (Automotive, Consumer E

Asia-Pacific Time-of-Flight Sensor Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Device Type (RF-Modulated Light Sources With Phase Detectors, Range-Gated Imagers, and Direct Time-of-Flight Imagers), Vertical (Automotive, Consumer Electronics, Gaming and Entertainment, Industrial, Healthcare, Aerospace & Defense, and Others)

The Asia-Pacific time-of-flight sensor market is expected to grow from US$ 1,564.12 million in 2022 to US$ 4,313.81 million by 2028. It is estimated to grow at a CAGR of 18.4% from 2022 to 2028.

Rising Adoption of Time-of-Flight Technology in Smartphones in Asia-Pacific Time-of-Flight Sensor Market

Image sensor based on time-of-flight technology uses a laser beam to accurately measure the distance to the target object. Therefore, the demand for technology in mobile devices is increasing tremendously, specifically for photography features such as blurring effects and auto-focus. In addition, the demand for 3D facial mapping for features such as facial unlocking of the smartphone is raising the demand for time-of-flight cameras in the market. Owing to the increasing demand for time-of-flight technologies, the market players are working on incorporating the technology into smartphones. In August 2022, Samsung announced that they are working on the ISOCELL Vizion 3D ToF camera sensor. The company will incorporate this technology in its new Galaxy S21 series, which will be released in 2023. Through this technology, the company claims to provide better facial recognition and depth sensing capabilities with an accurate and immersive augmented reality experience. The application supports Android and iOS devices. ToF AR uses the back-illuminated ToF 3D image sensor to obtain real-time high-resolution and high-precision 3D depth information. It is also ideal for 3D face recognition, 3D scanning, autofocus assistance, and the bokeh effect for cameras. Thus, the growing adoption of time-of-flight technology in smartphones will fuel the growth of the Asia-Pacific time-of-flight sensor market in the coming years.

Asia-Pacific Time-Of-Flight Sensor Market Overview

The APAC Time-of-Flight Sensor market is segmented into China, India, Japan, Australia, South Korea, and the Rest of APAC. According to GSMA, the smartphone adoption rate in the region reached 68% in 2020, which is expected to increase to 83% by 2025. Thus, the growing demand for smartphones in the region is raising the requirement for Time-of-Flight Sensors, propelling the growth of the market. The growing demand for other consumer electronic devices such as tablets, PCs, laptops, and others in Asian countries will also boost the growth of the Asia Pacific Time-of-Flight Sensor market in the coming years. In Asia Pacific, China is the largest manufacturer of consumer electronic devices. According to Nikkei Inc., the Chinese government is working on various plans to expand the country's domestic electronic market by investing US$ 327 billion till 2023. In addition, the Indian government is expanding the electronics market in the country. According to the Ministry of Electronics & IT, initiatives by the Indian government and efforts of the industry have led to the domestic production of electronic goods with revenue of US$ 74.7 billion in 2020 and a CAGR of 17.9%. A few government policies for electronics manufacturing include the Production Linked Incentive (PLI) Schemes, the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) , and the Modified Electronics Manufacturing Cluster (EMC 2.0) Scheme. Furthermore, the electronics sector in Asia Pacific accounts for 20–50% of Asia's total value of exports. As Asia Pacific is the largest electronic manufacturer, the demand for Time-of-Flight Sensors will rise across the region during the forecast period. Sony Group Corp, OMRON Corp, Panasonic Holdings Corp, and Keyence Corp are among the market players that manufacture Time-of-Flight Sensors across Asia Pacific.

Asia-Pacific Time-Of-Flight Sensor market Revenue and Forecast to 2028 (US$ Million)

Asia-Pacific Time-Of-Flight Sensor market Segmentation

The Asia-Pacific Time-Of-Flight Sensor market is segmented on the basis of device type, vertical, and country.

Based on device type, the Asia-Pacific time-of-flight sensor market is segmented into RF-modulated light sources with phase detectors, range-gated imagers, and direct time-of-flight imagers. The range-gated imagers segment registered the largest market share in 2022.

Based on vertical, the Asia-Pacific time-of-flight sensor market is segmented into automotive, consumer electronics, gaming and entertainment, industrial, healthcare, aerospace and defense, and others. The consumer electronics segment registered a larger market share in 2022.

Based on country, the Asia-Pacific time-of-flight sensor market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia-Pacific. Germany dominated the market share in 2022.

Analog Devices Inc, Infineon Technologies AG, InvenSense Inc, Keyence Corp, OMRON Corp, Panasonic Holdings Corp, Sony Group Corp, STMicroelectronics NV, Teledyne e2v (Overseas) Holdings Ltd, and Texas Instruments Inc are the leading companies operating in the Asia-Pacific time-of-flight sensor market.

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia-Pacific time-of-flight sensor market.
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The key findings and recommendations highlight crucial progressive industry trends in the Asia-Pacific time-of-flight sensor market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia-Pacific market trends and outlook coupled with the factors driving the time-of-flight sensor market, as well as those hindering it
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1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia-Pacific Time-of-Flight Sensor Market Landscape
4.1 Market Overview
4.2 Asia-Pacific PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Asia-Pacific Time-of-Flight Sensor Market- Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Use of Time-of-Flight Sensors for Automotive Applications
5.1.2 Continuous Product Innovations and Launches
5.2 Market Restraints
5.2.1 Low Integration of Time-of-Flight Sensors in Smartphones due to Their High Cost
5.3 Market Opportunities
5.3.1 Increasing Use of Time-of-Flight Technology in Autonomous Mobile Robots
5.4 Future Trends
5.4.1 Rising Adoption of Time-of-Flight Technology in Smartphones
5.5 Impact Analysis of Drivers and Restraints
6. Time-of-Flight Sensor Market– Asia-Pacific Market Analysis
6.1 Asia-Pacific Time-of-Flight Sensor Market Overview
6.2 Asia-Pacific Time-of-Flight Sensor Market Forecast and Analysis
7. Asia-Pacific Time-of-Flight Sensor Market Analysis – by Device Type
7.1 Overview
7.2 Asia-Pacific Time-of-Flight Sensor Market, by Device Type (2021 and 2028)
7.3 RF-Modulated Light Sources with Phase Detectors
7.3.1 Overview
7.3.2 RF-Modulated Light Sources with Phase Detectors: Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
7.4 Range-Gated Imagers
7.4.1 Overview
7.4.2 Range-Gated Imagers: Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
7.5 Direct Time-of-Flight Imagers
7.5.1 Overview
7.5.2 Direct Time-of-Flight Imagers: Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
8. Asia-Pacific Time-of-Flight Sensor Market Analysis – by Vertical
8.1 Overview
8.2 Asia-Pacific Time-of-Flight Sensor Market, by Vertical (2021 and 2028)
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive: Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
8.4 Consumer Electronics
8.4.1 Overview
8.4.2 Consumer Electronics: Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
8.5 Gaming and Entertainment
8.5.1 Overview
8.5.2 Gaming and Entertainment: Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
8.6 Industrial
8.6.1 Overview
8.6.2 Industrial: Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
8.7 Healthcare
8.7.1 Overview
8.7.2 Healthcare: Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
8.8 Aerospace and Defense
8.8.1 Overview
8.8.2 Aerospace and Defense: Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
8.9 Others
8.9.1 Overview
8.9.2 Others: Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
9. Asia-Pacific Time-of-Flight Sensor Market – Country Analysis
9.1 Overview
9.1.1 Asia Pacific: Time-of-Flight Sensor Market, by Key Country
9.1.1.1 Australia: Time-of-Flight Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Australia: Time-of-Flight Sensor Market, by Device Type
9.1.1.1.2 Australia: Time-of-Flight Sensor Market, by Vertical
9.1.1.2 China: Time-of-Flight Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 China: Time-of-Flight Sensor Market, by Device Type
9.1.1.2.2 China: Time-of-Flight Sensor Market, by Vertical
9.1.1.3 India: Time-of-Flight Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 India: Time-of-Flight Sensor Market, by Device Type
9.1.1.3.2 India: Time-of-Flight Sensor Market, by Vertical
9.1.1.4 Japan: Time-of-Flight Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Japan: Time-of-Flight Sensor Market, by Device Type
9.1.1.4.2 Japan: Time-of-Flight Sensor Market, by Vertical
9.1.1.5 South Korea: Time-of-Flight Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 South Korea: Time-of-Flight Sensor Market, by Device Type
9.1.1.5.2 South Korea: Time-of-Flight Sensor Market, by Vertical
9.1.1.6 Rest of APAC: Time-of-Flight Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of APAC: Time-of-Flight Sensor Market, by Device Type
9.1.1.6.2 Rest of APAC: Time-of-Flight Sensor Market, by Vertical
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
11. Company Profiles
11.1 Sony Group Corp
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 STMicroelectronics NV
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Texas Instruments Inc
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Teledyne e2v (Overseas) Holdings Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Analog Devices Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Infineon Technologies AG
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Keyence Corp
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Panasonic Holdings Corp
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 InvenSense Inc
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 OMRON Corp
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Asia-Pacific Time-of-Flight Sensor Market, Revenue and Forecast, 2019–2028 (US$ Million)
Table 2. Asia Pacific: Time-of-Flight Sensor Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: Time-of-Flight Sensor Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Time-of-Flight Sensor Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 5. China: Time-of-Flight Sensor Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. China: Time-of-Flight Sensor Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 7. India: Time-of-Flight Sensor Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. India: Time-of-Flight Sensor Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 9. Japan: Time-of-Flight Sensor Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Japan: Time-of-Flight Sensor Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 11. South Korea: Time-of-Flight Sensor Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. South Korea: Time-of-Flight Sensor Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of APAC: Time-of-Flight Sensor Market, by Device Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of APAC: Time-of-Flight Sensor Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia-Pacific Time-of-Flight Sensor Market Segmentation
Figure 2. Asia-Pacific Time-of-Flight Sensor Market Segmentation – by Country
Figure 3. Asia-Pacific Time-of-Flight Sensor Market Overview
Figure 4. Asia-Pacific Time-of-Flight Sensor Market, By Device type
Figure 5. Asia-Pacific Time-of-Flight Sensor Market, By Country
Figure 6. APAC: PEST Analysis
Figure 7. Time-of-Flight Sensor Market Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Asia-Pacific Time-of-Flight Sensor Market: Impact Analysis of Drivers and Restraints
Figure 10. Asia-Pacific Time-of-Flight Sensor Market, Forecast and Analysis (US$ Million)
Figure 11. Asia-Pacific Time-of-Flight Sensor Market, by Device Type (2021 and 2028)
Figure 12. RF-Modulated Light Sources with Phase Detectors: Asia-Pacific Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Range-Gated Imagers: Asia-Pacific Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Direct Time-of-Flight Imagers: Asia-Pacific Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Asia-Pacific Time-of-Flight Sensor Market, by Vertical (2021 and 2028)
Figure 16. Automotive: Asia-Pacific Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Consumer Electronics: Asia-Pacific Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Gaming and Entertainment: Asia-Pacific Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Industrial: Asia-Pacific Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Healthcare: Asia-Pacific Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Aerospace and Defense: Asia-Pacific Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Others: Asia-Pacific Time-of-Flight Sensor Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Asia-Pacific: Time-of-Flight Sensor Market, by Key Country – Revenue (2021) (US$ Million)
Figure 24. Asia Pacific: Time-of-Flight Sensor Market Revenue Share, by Key Country (2021 & 2028)
Figure 25. Australia: Time-of-Flight Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. China: Time-of-Flight Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. India: Time-of-Flight Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Japan: Time-of-Flight Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. South Korea: Time-of-Flight Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of APAC: Time-of-Flight Sensor Market – Revenue and Forecast to 2028 (US$ Million)

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