(PRWEB) August 19, 2014
According to a new market research report "3D Sensor Market by Technology (Leap, Ultrasound, Stereo Camera, Structured Light and TOF), Products, Types, Applications, and Geography - Analysis & Forecast to 2014 - 2020", the market is expected to boom in the near future. The 3D Sensor Market by technologies estimated to grow at a CAGR of 23.43% from 2014- 2020.
Browse 55 market data Tables and 58 Figures spread through 300 Pages and in-depth TOC on "3D Sensor Market".
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The 3D Sensor Market is a very dynamic market and entails a great potential across many industry verticals. The advancements in technology due to the never ending R&D in this sector makes it one of the prominent segments in the current industrial scenario. The 3D sensor products have been experiencing continuous developments right since their inception. The technology has a major role to play in this sector due to the cost effective matrix and results in a longer life cycle of products and systems, along with greater reliability. The highlighting features of the 3D sensor technology include high efficiency, better properties to withstand rough environmental conditions, and a longer life that is best suited for the consumer, automotive, media and entertainment applications.
The 3D sensor market has grown tremendously over the last few years. The continuous advancements in technology and developments in new and innovative products have made 3D sensor a very essential part of every industry vertical. The reason for 3D sensor becoming such an important market is the emphasis on the application oriented R&D in modularization, modeling, system analysis, products, and experimental evaluations. The major economies that play a vital role in this ecosystem include the Americas, Europe, APAC, and the ROW nations.
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 describes the market trends, drivers, and challenges with respect to the 3D Sensor Market and forecasts the market up to 2020. This global report gives a detailed view of the market across various geographies, namely - The Americas (North America and South America), Europe (U.K., Germany, and others), the Asia-Pacific (China, Japan, Korea, Taiwan, and others), and ROW (Middle East and others). Asia-Pacific is the largest geography in terms of the 3D Sensor Market value. America 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.
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.
Major players in this field include, Infineon Technologies (Germany), Prime Sense (Israel), LMI Technologies (Canada), SoftKinetic (Belgium), Cognivue (Canada), IFM Electronic (Germany), Source Fire (U.S.), ASUSTeK Computer Inc. (Japan), Omnivision Technologies (U.S.), and Panasonic Corporation (Japan).
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