3D sensing is a technology which helps in real time recognition of gestures and need specific implementation as per the specific gestures. In the process of 3D sensing, an infrared light source is made to pass into a sheet of light or structured pattern and then by capturing and analyzing the light reflected from the objects, the gestures helps in the desired outcomes. A significant usage of 3D sensing is observed in the gaming industry, which could help the player control the game by mere gestures and not any physical contact with controls.
This could help in the growth of the global 3D sensing market. Furthermore, this technology could have a significant adoption in the global mobile market. The two basic types of lights which are used significantly for 3D sensing technology are Distributed Feedback Laser (DFL) and Light Emitting Diode (LED). However, the DFL solution generates fix power which could hinder energy saving.
The constant investments in R&D for sensor technology and AI are likely to be factors which could affect the global 3D sensing market positively during the forecast period. The increased use of 3D image sensing technology in the automotive sector is tipped to be one of the factors affecting the growth of this market.
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Furthermore, owing to its increased usage in the healthcare industry, the global 3D sensing market could see significant growth during the forecast period. Apple Inc. has discussed their plan of introducing Augmented Reality (AR) in their latest mobile solutions. This could be a driving factor for the growth of the global 3D sensing market, owing to the use of 3D sensing in AR and the wide customer base of Apple Inc. globally. Similarly, Samsung launched its Galaxy Note 8 with a camera incorporated with 3D technology in it.
The two 3D sensing technologies which could be primarily used for this would be time-of-flight and structured light. Latest advancements in 3D sensing technology has helped companies to view and analyze through walls, which could further be beneficial for broadband, cable, and smart home companies.
The global 3D sensing technology market could be segmented into four main parts namely-technology, type, application, and regions. In terms of technology, the global 3D sensing market is sub segmented into four parts namely- stereo vision, structured light, time of flight, and ultrasound. Based on type, the global 3D sensing market is segmented into four parts namely- temperature sensors, position sensors, pressure sensors, CMOS 3D image sensors and others.
The CMOS 3D sensors can be further divided into 3D Electro-Optical Image Sensors and 3D Time of Flight Image Sensors. Based on application, the global 3D sensing technology market could be segmented into five parts namely-medical application, automotive, aerospace and defense, consumer electronics and others. Medical application is expected to hold a significant share of the global 3D sensing market during the forecast period.
In terms of geography, the global 3D sensing market is segmented into five regions namely- North America, South America, Middle East & Africa, Asia Pacific, and Europe. Among all the regions, North America is expected to hold a high market share during the forecast period.
There are several players in the global 3D sensing technology market. Some of the key players are Omnivision Technologies, PrimeSense, PMD Technologies GmbH, Occipital Inc., Cognex Corporation, LMI Technologies, SoftKinetic, Infineon Technologies, IFM Electronics, and Finisar Corporation.