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. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Key Players:- Global Depth Sensing Market
The renowned players in global depth sensing market are Texas Instruments Incorporated, Infineon Technologies AG, Qualcomm Technologies, Inc., Stereolabs, Sony Depthsensing Solutions, Intel Corporation, Melexis. , TowerJazz , VRmagic Holding AG , AQUIFI , ESPROS Photonics , Crunchbase Inc. , ASUSTeK Computer Inc. , LIPS Corporation ,Primesense, Espros, Sunny Optical Technolog, Erian Vision Technologies , Melexis, Tower semiconductor, Creative, PMD technologies and many more.
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The global depth sensing market is highly propelling due to lens and cameras module which raise the better market penetration. A large quantity of power is consumed while capturing the data, processing all the captured data and filtering the data to get the required information. All this process takes place by Sensor. The advent of depth sensors has made it possible to track monocular signs and the real depth values of the environment. Depth sensors are able to extract specification from images with added scope because they have the capacity to measure actual distance data from any article.
Competitive Analysis: Global Depth Sensing Market
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. The report includes Depth Sensing market shares of market for global, Europe, North America, Asia Pacific and South America.
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Market Segmentation: Global Depth Sensing Market
The market is based on market type, component, technology, end user industry and geographical segments.
- Based on market type, the market is segmented into passive, active.
- Based on component type, the market is segmented into camera/lens module, sensor and illuminator.
- Based on technology type, the market is segmented into time-of-flight, structured light and stereo vision.
- Based on end user industry, the market is segmented into automotive, driver monitoring, building automation, consumer electronics, robotics, medical imaging, drones, and 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.
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.
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