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New study: Depth sensing market to grow at a 11.89% CAGR by 2023

Industrial Market Research

The depth sensing market is expected to grow from USD 4.40 billion in 2018 to USD 7.72 billion by 2023, at a CAGR of 11.89% between 2018 and 2023.

The sensor depth sensing market is expected to grow at the highest CAGR during the forecast period. Leading of Sensor Depth Sensing Market companies are Texas Instruments (US), Infineon Technologies (Germany), Qualcomm (US), Occipital (US), Stereolabs (US), Creative (Singapore), pmd technologies (Germany), Sony Depthsensing Solutions (Belgium), BECOM BLUETECHNIX (Austria), Intel (US), Melexis (Belgium), Tower semiconductor (Israel), Vrmagic (Germany), Aquifi (US), Nerian Vision Technologies (Germany), Espros (Switzerland), Sunny Optical Technology (China), PrimeSense (Israel), ASUS TeK Computer (Taiwan), and LIPS Corporation (Taiwan).

Download PDF Brochure of Depth Sensing Market spread across 118 Pages, Profiling 20 Companies and Supported with 65 Tables and 35 Figures is now available at www.rnrmarketresearch.com/contacts…ple?rname=1556053 .

The target audience for the report includes:

  • Depth sensing component manufacturers
  • Depth sensing module manufacturers
  • Distributors and traders
  • Research organizations
  • Organizations, forums, alliances, and associations related to depth sensing 

The market covered under this report has been segmented as follows:

  • Depth Sensing Market, by Component:
  • Camera/Lens Module
  • Sensor
  • Illuminator

Get More Information on Depth Sensing Market with Forecast, Analysis, Trends and Company Profiles at www.rnrmarketresearch.com/contacts…ing?rname=1556053 .

This report segments the depth sensing market on the basis of component, type, technology, vertical, and geography. The depth sensing market for active type is expected to witness a significant growth during the forecast period owing to the increasing demand for accurate depth calculations required in various sectors such as consumer electronics, industrial, and automotive.

Growing smart phone market, increasing adoption of dual-camera smart phones, rising use of depth sensing technology in AR-VR gaming applications, and increasing requirement for security and surveillance systems drive the growth of the depth sensing market. The key factor restraining the growth of the depth sensing market is the high manufacturing cost of depth sensing module.

Get report at www.rnrmarketresearch.com/contacts…ase?rname=1556053 .

The depth sensing market for the active depth sensing is expected to account for the largest market share by 2023 as a result of increasing demand for accurate depth calculations required in various sectors such as consumer electronics, industrial, and automotive. In active depth sensing, illuminator and camera/lens module are used for object triangulation.

A laser is a widely used illuminating source in active depth sensing; however, it is suitable in limited environments. To overcome this limitation, active depth sensing systems based on time-of-flight technology have been developed.

APAC is expected to hold the largest share of the depth sensing market by 2023. The depth sensing market in APAC is expected to grow at a high CAGR during the forecast period.

The high growth of the market in this region can be attributed to increasing demand for depth sensing is from the consumer electronics application, which includes smart phones and tablets, laptops, and gaming headsets mainly from APAC.

Get report at www.rnrmarketresearch.com/contacts…unt?rname=1556053

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews have been conducted with key people in the depth sensing market. The break-up of primary participants for the report has been shown below:

  • By Company Type: Tier 1 =45 %, Tier 2 =30%, and Tier 3 =25%
  • By Designation: C-Level Executives =40% and Managers=60%
  • By Region: Americas=30%, Europe =40%, APAC =20%, and RoW =10%

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