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U.S 3D Sensor Market- Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2024-2030
U.S 3D Sensors Market Overview:
U.S 3D Sensors Market size is estimated to reach US$3.5 billion by 2030, growing at a CAGR of 12.9% during the forecast period 2024-2030. Growing penetration in automotive vehicles and the rise in adoption of 3D Sensors in healthcare applications are expected to propel the growth of U.S 3D Sensors Market.
Additionally, the integration of 3D sensors in consumer electronics, driven by advancements in facial recognition, gesture control, and augmented reality (AR), has revolutionized user interactions. Smartphones, gaming devices, and other consumer gadgets now leverage 3D sensors to provide enhanced and intuitive user experiences. The automotive industry has witnessed a surge in the adoption of 3D sensors for advanced driver assistance systems (ADAS) and autonomous vehicles. These sensors play a pivotal role in enhancing safety through features like collision avoidance and lane-keeping, contributing to the evolution of the automotive landscape towards greater automation and improved overall driving safety. These factors impact the growth in U.S 3D Sensors Market.
Market Snapshot:
U.S 3D Sensors Market - Report Coverage:
The “U.S 3D Sensors Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the U.S 3D Sensors Market.
| Attribute | Segment |
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By Type |
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By Technology |
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By Connectivity |
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By Application |
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By Industry Vertical |
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By Geography |
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COVID-19 / Ukraine Crisis - Impact Analysis:
- The COVID-19 pandemic had a multifaceted impact on the U.S 3D Sensors Market. Initially, disruptions in the supply chain and manufacturing processes created challenges for the industry. However, as the pandemic progressed, the market witnessed a surge in demand. The increased need for contactless technologies in consumer electronics, healthcare, and industrial automation, along with the growing popularity of telemedicine and remote work, accelerated the adoption of 3D sensors.
- The geopolitical tensions in Ukraine had the potential to create challenges for the U.S 3D Sensors Market, particularly in terms of the global supply chain. Ukraine played a significant role in the semiconductor and electronics manufacturing industry, and disruptions in the region led to concerns about potential shortages and increased production costs. The market experienced volatility as companies navigated changes in the geopolitical landscape, influencing the sourcing of key components and affecting pricing dynamics in the 3D sensors sector.
Key Takeaways:
North America Dominated the Market
Geographically, in the U.S 3D Sensors Market share, the North America region is analyzed to hold a dominant market share of 39% in 2023, growing focus and investments on the Smart City initiatives and the Internet of Things (IoT) in the region is expected to boost the implementation of 3D sensors across diverse industries. The growing trend of smart homes in the developed economies such as the U.S. and Canada is fueling the incorporation security and surveillance systems, which will pave way for new opportunities for 3D sensors. Also, the rapid industrialization will paint a vivid picture of a transformative potential of 3D sensors in industrial settings. The demand for predictive maintenance, automation, robotics, quality control, logistic and warehouse optimization, and remote monitoring in the industries is projected to enhance the application of 3D sensor integrated solutions. For instance, Apple’s latest technology Vision Pro developed in 2023 has already sent the AR/VR industry into a tailspin.
Consumer Electronics is the Fastest Growing Segment
In the U.S 3D Sensors Market forecast, the consumer electronics segment is estimated to grow with a CAGR of 31% during the forecast period. attributing to factors like increasing penetration of biometric scanning and other cutting-edge 3D sensing technologies in consumer electronic products. Growing adoption of facial recognition technology in consumer devices, high-performance in-depth sensing in photography and AR/VR applications in gaming consoles play a significant role in the speedy increase in global U.S 3D Sensors Market share. In June 2022, Metalenz and STMicroelectronics collaboratively announced the launch of the VL53L8 direct Time-of-Flight (dToF) sensor to be commercially available for its use in consumer electronics. This product launch was done to enable power optimization, module miniaturization and performance maximization, which is set to bring significant benefits across the U.S 3D Sensors Market.
Structured Light to Hold Largest Market Share
According to the U.S 3D Sensors Market analysis, the structural light is estimated to hold the largest market share in 2023, due to its superior precision and accuracy in depth sensing. The capturing unit for stationary 3D scanners must be installed on a solid surface. An automated rotary turntable can be added to a 3D scanner to speed up the scanning process, so the user does not have to physically turn the object to scan it from all angles. Only what the cameras can see can be captured in three dimensions by a structured-light 3D scanner. Therefore, numerous scans from various angles are required to build a digital model of the complete object. Industries such as industrial automation, healthcare, and augmented reality benefit significantly from the precise data generated by structured light sensors. As these sectors increasingly adopt 3D sensing technologies for advanced applications, the demand for structured light sensors is expected to grow, solidifying its dominance in the market.
Growing penetration of 3D Image Sensors in automotive vehicles
The growing penetration of 3D image sensors in automotive vehicles is positively impacting the global U.S 3D Sensors Market growth. The automotive imager on the basis of 3D time-of-flight (ToF) technology provides accurate and robust depth sensing capabilities to a wide range of automotive use cases both within and beyond the vehicle. 3D in-cabin sensing cameras capture and process the data needed to ensure a high standard of passive safety enabling use cases like driver monitoring, occupant detection and smart airbag systems. The 3D depth data also supports anti-spoofing capabilities to enable secured face authentication for in-car payment or access to private data and cloud services, or keyless car entry using biometric authentication. In addition, comfort features such as gesture control and fully autonomous parking pave the way for maximum driver convenience.
The rise in adoption of 3D Sensors in healthcare applications
The rise in adoption of 3D Sensors in healthcare applications acts as a major driver boosting its market growth. Smart sensing technologies are being introduced into healthcare products and devices to enrich user experiences and deliver superior functionalities. 3D Sensors combined with specific middleware enable the automatic monitoring of patients' health while maintaining privacy. 3D Sensors are widely adopted as real assistants for doctors and emergency workers in the operating room. Further, the application of 3D Sensors in the healthcare industry includes 3D sensing in hospitals to provide remote diagnosis via videoconferencing, automatic health monitoring of elderly or nursing patients in their homes and at care facilities, detection of the presence of potentially evolving diseases such as Parkinson, Alzheimer by gait analysis and so on.
High power requirement associated with data processing hinders the market growth
3D Sensors require a large amount of power for data capturing, processing and extraction. As this process takes place within the sensor, these devices opt for large amounts of energy consumption. Sometimes, the process takes place within the server; which in turn results in the consumption of excess power to send the captured data to the server and then process it. For instance, Microsoft Kinect, which is a low-cost, high-resolution, short-range 3D camera for gaming consoles demands the power of 12W-13 W, much greater than what a standard USB port can offer and thus, a separate power adapter is needed with Xbox 360 consoles. Furthermore, the data sent from sensors to servers, also poses the risk of data security being breached and thus factors have been creating an adverse impact on its market growth.
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Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the U.S 3D Sensors Market. The top 10 companies in this industry are listed below:
- Infineon Technologies AG
- OMNIVISION
- Sony Corporation
- Microchip Technologies
- Cognex Corporation
- STMicroelectronics
- IFM Electronic
- Qualcomm Inc.
- Texas Instruments Inc.
- Samsung Electronics
Scope of Report:
| Report Metric | Details |
|---|---|
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Base Year Considered |
2023 |
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Forecast Period |
2024–2030 |
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CAGR |
12.9% |
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Market Size in 2030 |
$3.5 billion |
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Segments Covered |
Type, Technology, Connectivity, Application, Industry Vertical |
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Geographies Covered |
U.S |
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Key Market Players |
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1. U.S 3D Sensors Market - Overview
1.1. Definitions and Scope
2. U.S 3D Sensors Market - Executive Summary
3. U.S 3D Sensors Market - Comparative Analysis
3.1. Company Benchmarking - Key Companies
3.2. Global Financial Analysis - Key Companies
3.3. Market Share Analysis - Key Companies
3.4. Patent Analysis
3.5. Pricing Analysis
4. U.S 3D Sensors Market - Start-up Companies Scenario (Premium)
4.1. Key Start-up Company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Venture Capital and Funding Scenario
5. U.S 3D Sensors Market – Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing Business Index
5.3. Case Studies of Successful Ventures
6. U.S 3D Sensors Market - Forces
6.1. Market Drivers
6.2. Market Constraints
6.3. Market Challenges
6.4. Porter's Five Force Model
6.4.1. Bargaining Power of Suppliers
6.4.2. Bargaining Powers of Customers
6.4.3. Threat of New Entrants
6.4.4. Rivalry Among Existing Players
6.4.5. Threat of Substitutes
7. U.S 3D Sensors Market – Strategic Analysis
7.1. Value Chain Analysis
7.2. Opportunities Analysis
7.3. Market Life Cycle
8. U.S 3D Sensors Market – by Type (Market Size – $Million/$Billion)
8.1. Image Sensor
8.2. Position Sensor
8.3. Acoustic Sensors
8.4. Accelerometer
8.5. Temperature Sensor
8.6. Pressure Sensor
8.7. Others
9. U.S 3D Sensors Market – by Technology (Market Size – $Million/$Billion)
9.1. Stereoscopic Vision
9.2. Structured Light
9.3. Time of Flight (Photo Electric)
9.4. Ultrasound
9.5. MEMS
9.6. Capacitive Sensing
9.7. Infrared Sensing
9.8. Electric Field
9.9. Laser
9.10. Others
10. U.S 3D Sensors Market – by Connectivity (Market Size – $Million/$Billion)
10.1. Wired
10.2. Wireless
11. U.S 3D Sensors Market – by Application (Market Size – $Million/$Billion)
11.1. Industrial Automation & Robotics
11.2. Advanced Driver Assistance System (ADAS)
11.3. Medical Assistance
11.4. Thermal Imaging
11.5. Missile Tracking & Surveillance
11.6. Biometric Scanning
11.7. Others
12. U.S 3D Sensors Market – by Industry Vertical (Market Size – $Million/$Billion)
12.1. Automotive
12.2. Aerospace & Defense
12.3. Agriculture
12.4. Power
12.5. Utility
12.6. Oil & Gas
12.7. Mining
12.8. Healthcare
12.9. Chemical
12.10. Food & Beverage
12.11. Retail
12.12. Warehouse & Logistics
12.13. Consumer Electronics
12.14. Others
13. U.S 3D Sensors Market – Entropy
14. U.S 3D Sensors Market – Industry/Segment Competition Landscape
14.1. Market Share Analysis
14.1.1. Market Share – U.S – Key Companies
14.1.2. Market Share by Type – Key Companies
14.2. Competition Matrix
14.3. Best Practices for Companies
15. U.S 3D Sensors Market – Key Company List by Country Premium
16. U.S 3D Sensors Market - Company Analysis
16.1. Infineon Technologies AG
16.2. OMNIVISION
16.3. Sony Corporation
16.4. Microchip Technologies
16.5. Cognex Corporation
16.6. STMicrolectronics
16.7. IFM Electronic
16.8. Qualcomm Inc.
16.9. Texus Instruments Inc.
16.10. Samsung Electronics
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The U.S 3D Sensors Market is projected to grow at a CAGR of 12.9% during the forecast period 2024-2030.
Global U.S 3D Sensors Market size is estimated to be $1.3 billion in 2023 and is projected to reach $3.5 billion by 2030.
The leading players in the U.S 3D Sensors Market are OMNIVISION, Infineon Technologies AG, IFM Electronic, STMicroelectronics, Microchip Technologies and Others.
The integration of 3D sensors in consumer electronics and A surge in the adoption of 3D sensors for advanced driver assistance systems (ADAS) and autonomous vehicles are the major trends in U.S 3D Sensors Market.
Growing penetration in automotive vehicles and the rise in adoption of 3D Sensors in healthcare applications are expected to drive the growth of U.S 3D Sensors Market. Merging of 3D Sensors with AI & Big Data and Switching towards Emerging Markets to create lucrative opportunities.