3D Sensor Market worth $3,438.25 Million by 2020, According to A New Study on ASDReports

Wednesday 28 May 2014, Amsterdam

According to a new market research report “3D Sensor Market by Technology (Leap, Ultrasound, Stereo Camera, Structured Light and TOF), Products (Consumer, Medical, Automotive, Media & Entertainment, and 3D Robots),Types, Applications, and Geography - Analysis & Forecast to 2014 - 2020”, now available on ASDReports, market is expected to boom in the near future. The 3D sensor market by technologyis estimated to grow at a CAGR of 23.43% from 2014- 2020.The report also includes an in-depth analysis of the products, type,applications, and geography.

The 3D sensor market is a very dynamic market and entails a great potential across many industry verticals. The advancements in technology due to the never ending R&D in this sector makes it one of the prominent segments in the current industrial scenario. The 3D sensorproducts have been experiencing continuous developmentsright since theirinception. The technology has a major role to play in this sector due to the cost effective matrix and results intoa longer life cycle of products and systems, along with greater reliability. The highlighting features of the 3D sensortechnology include high efficiency, better properties to withstand rough environmental conditions, and alonger life that is best suited for the consumer, automotive, andmedia and entertainment applications.

This report describes the market trends, drivers, and challenges with respect to the 3D sensor market and forecasts the market up to 2020. This global report gives a detailed view of the market across various geographies, namely - The Americas (North America and South America), Europe (U.K., Germany, and others), the Asia-Pacific (China, Japan, Korea, Taiwan, and others), and ROW (Middle East and others). Asia-Pacific is the largest geography in terms of the 3D sensor market value. Americas has been identified as the fastest growing region and a leader in the 3D sensor systems, with the U.S leading the way. Europe also has a very promising market, comprising Germany and the U.K., while the ROW also bestows an impetus to the growth of this market. The report profiles 10 promising players in the 3D sensor market ecosystem.

The competitive landscape of the market presents a very interesting picture, where a large number of small players have become forces to reckon with. The market is witnessing large scale collaborations and partnerships across the value and supply chain,among the number of tier-one players around the globe.

Major players in this field include: Infineon Technologies (Germany), PrimeSense (Israel), LMI Technologies (Canada), SoftKinetic (Belgium), Cognivue (Canada), IFM Electronic (Germany), SourceFire (U.S.), ASUSTeK Computer Inc. (Japan), Omnivision Technologies (U.S.), and Panasonic Corporation (Japan).