About Depth Sensing
Deep sensing technology is the method of using a depth device to measure the distance to an object. With the assistance of this depth-sensing technology, any target which is a line, dots, even a set of dots creating a region is measured. This is done with the help of 3D depth sensors, additionally referred to as 3D cameras or 3D scanners are the devices that are used for generating depth data from an explicit scene by activity the space between the device and objects before of it. Depth sensing has different applications in defense, security, automotive, construction, etc. for the measurement and precision build or surface recognition purpose.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global market for depth sensing technology is fragmented by the global market players owing to different application in depth-sensing application of military and commercial mode. The emerging players should invest towards R&D for innovations and product development of Depth sensors and software solutions for enhanced depths sensing. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Depth Sensing market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Texas Instruments (United States), Infineon Technologies (Germany), Qualcomm (United States), Occipital (United States), Stereolabs (United States), Creative (Singapore), Pmd technologies (Germany), Sony Depth sensing Solutions (Belgium), Becom Bluetechnix (Austria) and Intel (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Melexis (Belgium), Tower Semiconductor (Israel), Vrmagic (Germany), Aquifi (United States) and Nerian Vision Technologies (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Depth Sensing market by Type (1D Depth Sensing, 2D Depth Sensing and 3D Depth Sensing), Application (Automotive, Building Automation, Consumer Electronics, Industrial and Medical) and Region.
On the basis of geography, the market of Depth Sensing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America,Europe region held largest market share in the year 2022. If we see Market by Technology, the sub-segment i.e. Stereo Vision will boost the Depth Sensing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offering, the sub-segment i.e. Hardware (Camera/Lens Module, Sensor, Illuminator) will boost the Depth Sensing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Integration of a 3D Camera Could Be the First Step Toward a New Generation of Enhanced HMI (Human Machine Interface)
Market Growth Drivers:
The Rising Adoption of Dual-Camera Smartphones Along with Accelerating the Consumer
Challenges:
The High Initial Cost of Manufacturing Modules
Restraints:
High Power Consumption for Processing
Opportunities:
Rising Application of Depth-Sensing Technology in AR-VR Gaming to Maintain A Sense of Presence and Rising Application of Biometric Security Application for Face Recognitions
Market Leaders and their expansionary development strategies
In August 2023, Texas Instruments, a leader in advanced sensing technologies, debuted new current sensors to help engineers simplify their designs while improving accuracy. Designed for a broad range of common-mode voltages and temperatures, the new products include a lowest-drift isolated Hall-effect current sensor for high-voltage systems and a portfolio of current shunt monitors that eliminate the need for an external shunt resistor for nonisolated voltage rails.
In 2021, Intel launched RealSense ID, a facial recognition solution based on RealSense depth-sensing technology. This launch is a neural network for face identification, a dedicated system-on-a-chip, and a secure element that encrypts and processes user data.
Key Target Audience
Depth Sensing Technology Provider, Depth Sensor Manufacturer, Software Developer, Research Institutes, End User Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.