3D Sensor Market to Reach $9.4 Billion by 2026
The global 3D sensor market is expected to grow from $2.7 billion in 2021 to $9.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 28.1%. The market is driven by factors such as growing penetration of 3D depth sensors in various devices and increased demand for virtual reality in gaming consoles. The 3D sensor market includes major Tier I and II players such as Infineon Technologies AG, OmniVision Technologies, Inc., Sony Corporation, Cognex Corporation, and Lumentum Operations LLC. The market is expected to be driven by the increasing adoption of 3D sensing technology in consumer electronics, automotive, industrial robotics, and other end-use industries.
Key Takeaways:
- The 3D sensor market is expected to grow from $2.7 billion in 2021 to $9.4 billion by 2026, at a CAGR of 28.1%.
- The consumer electronics end-use industry is expected to hold the largest market share between 2021 and 2026.
- 3D image sensors are expected to grow at the highest rate during the forecast period in the consumer electronics industry.
- The North America region is expected to hold the highest market share of the 3D sensor market during the forecast period.
- Companies such as Apple, Google, and Microsoft are investing in 3D sensing technologies across consumer electronics and robotics applications.
- The 3D sensor market includes major Tier I and II players such as Infineon Technologies AG, OmniVision Technologies, Inc., Sony Corporation, Cognex Corporation, and Lumentum Operations LLC.
- The market is expected to be driven by the increasing adoption of 3D sensing technology in consumer electronics, automotive, industrial robotics, and other end-use industries.
Statistics:
- The 3D sensor market is expected to grow from $2.7 billion in 2021 to $9.4 billion by 2026, at a CAGR of 28.1%.
- The market is expected to grow at a rate of 28.1% from 2021 to 2026.
- The consumer electronics end-use industry is expected to hold the largest market share of $4.2 billion by 2026.
- The North America region is expected to hold the highest market share of the 3D sensor market during the forecast period, with a share of $3.3 billion by 2026.
Sources:
- MarketsandMarkets
+ Report: "3D Sensor Market with COVID-19 Impact, by Type (Image Sensors, Position Sensors), Technology (Time of Flight, Structured Light), End-use Industry (Consumer Electronics, Industrial Robotics, Automotive), and Region, Global Forecast to 2026"
+ URL: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=248537071
- MarketsandMarkets
+ News article: "3D Sensor Market Worth $9.4 Billion by 2026 - Exclusive Report by MarketsandMarkets"
+ URL: https://www.prnewswire.com/news-releases/3d-sensor-market-worth-9-4-billion-by-2026--exclusive-report-by-marketsandmarkets-301349087.html