3D Sensor Market booming in Asia-Pacific with compound annual growth rate of 23.43% - MarketsandMarkets New Report

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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.(http://www.marketsandmarkets.com/Market-Reports/3d-sensors-market-248537071.html)

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3D Sensors Market Key Players - Infineon Technologies (Germany), PrimeSense (Israel), LMI Technologies (Canada), SoftKinetic (Belgium), Cognivue (Canada), IFM Electronic (Germany), SourceFire (U.S.), ASUSTeK Computer Inc. (Japan)

The report “3D Sensor Market Global Trends, Analysis & Forecast to 2014 - 2020” defines and segment global market by Technology, Products, Types, Applications and Geography. According to report, 3D sensor market is expected to boom in the near future and total value is estimated to grow at a CAGR of 23.43% from 2014- 2020.

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The APAC holds the crown for being the market leader in the overall ecosystem. APAC is followed by the Americas, Europe, and ROW. The major reason for APAC being the market leader is the fact that most of the electronics and semiconductor manufacturing is done in APAC nations; therefore, APAC is also said to be the hub of the 3D sensor market. The manufacturing of components and devices is done on a large scale as the cost of labor and operations is very low in the APAC countries as compared to other regions of the globe. The APAC region consists of countries such as Japan, China, Taiwan, and the others; including Indonesia, Korea, India, Malaysia, and Singapore.

This report provides market trends, drivers, and challenges and forecasts the market up to 2020. This global report gives a detailed view of the market across various geographies, namely - The Americas, Europe, the Asia-Pacific, and ROW. Asia-Pacific is the largest geography in terms of 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.

3D sensor is being recognized as a major emerging discipline in the engineering field; and with the saturating trend in technology, it is expected to have a tremendous impact on the various applications it is used in. 3D sensor tends to be high tech frontier in the overall electronics and semiconductor domain. The role of 3D sensor in the future will be very important and versatile for the socio-economic development. The 3D sensor products, devices, and systems have merged together to create a complex interdisciplinary technology, which is expected to be an important element in applications such as consumer, medical, industrial, power, automotive, and media and entertainment.

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.

Top industries in 3D Sensor market Infineon Technologies, PrimeSense, LMI Technologies, SoftKinetic, Cognivue, IFM Electronic, SourceFire, ASUSTeK Computer Inc., Omnivision Technologies, and Panasonic Corporation.

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