Global depth sensing market is expected to reach USD 8.07 billion by 2025 from USD 1.32 billion in 2017 and is projected to grow at a CAGR of 11.94 % in the forecast period of 2018 to 2025.
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The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. The renowned players in global depth sensing market are
- Texas Instruments Incorporated
- Infineon Technologies AG
- Qualcomm Technologies, Inc.
- Sony Depthsensing Solutions
- Intel Corporation
- VRmagic Holding AG
- ESPROS Photonics
- Crunchbase Inc
- ASUSTeK Computer Inc.
- LIPS Corporation
- Sunny Optical Technolog
- Erian Vision Technologies
- Tower semiconductor
- PMD technologies
- many more
The global depth sensing market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run.Report includes Depth Sensing market shares of market for global, Europe, North America, Asia Pacific and South America.
- In 2017, Stereo Labs introduced SDK for new samples for SVO recording, playback and export.
- In 2017, Qualcomm announced depth sensing camera technology for the first time in Android system, which made it useful in computational technology, motion tracking and efficient image signal processing.
- In 2017, Stereo labs improved its major depth sensing equipment into ZED SDK 2.1 from ZED SDK which brings the positional tracking by adding retrieve camera rotations in degrees or radians.
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Market Drivers and Restraints:
- Increasing demand in the field of capture video data in 3D under any ambient light conditions.
- Scanning is raising the demand of depth sensing market.
- Rising demand for gesture control, face recognition, virtual reality and augmented reality.
- Difficulty in managing all the captured facts and figures and filtering the data.
- Distortion due to high cost of establishment.
The market is based on
- Market type
- End user industry
- Geographical segments
Based on market type, the market is segmented into
Based on component type, the market is segmented into
- Camera/lens module
Based on technology type, the market is segmented into
- Structured light
- Stereo vision
Based on end user industry, the market is segmented into
- Driver monitoring
- Building automation
- Consumer electronics
- Medical imaging
- Breathing analysis
Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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