3D Image Sensor Market forecast to reach $2.2 billion by 2025


Posted August 7, 2020 by Blessy_Joy

The growing adoption of smartphones and cameras is set to impact on the growth of the CMOS 3D image sensor market.

 
The market for 3D image sensor is forecast to reach $2.2 billion by 2025, growing at a CAGR of 8.30% from 2020 to 2025. The significant rise in demand for 3D image sensors in medical imaging solutions is set boost the market growth rate during the forecast period 2020-2025. 3d image sensors are majorly built on the basis of stereovision and ToF sensors thereby providing high image quality suitable for various applications. Owing to their significant use in these devices as well as other consumer electronics, the growing adoption of smartphones and cameras is set to impact on the growth of the CMOS 3D image sensor market.

Key Takeaways
Consumer electronics sector holds the highest market share in 2019. This is majorly attributed to the applications of 3D image sensors in various devices such as mobiles, wearables and so on.

APAC is analysed to hold highest share in 2019 owing to the high presence of consumer electronics, automotive and medical manufacturing industries.

The rising demand for image sensors in medical equipment such as surgical instruments and robotics is set to elevate the 3D image sensors market during the forecast period.

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Geography – Segment Analysis
North America is analysed to be the dominant region in 2019, followed by APAC and Europe. This is mainly attributed to the vast research and developments activities in the region alongside the large infrastructural development. The presence of major players in the region is also contributing to the market share of the region. The growing demand and investments for self-driving cars that highly employ 3D image sensors in the region is also analysed to be key factor driving the market. Adding to this, APAC, the major shareholder in the automotive sector due to the high deployment of the 3D image sensor in advanced vehicle technologies is witnessing increased growth rate of the 3D Image Sensor market. Moreover APAC is the major hub for manufacturing of the consumer electronics such as mobile phones and computers; and the rising penetration of the 3D technologies in these products is set to escalate the market growth rate during the forecast period 2020-2025.

Drivers – 3D image sensor market
Growing demand for image sensors in automobiles

Increasing demand for image sensors in the medical field

Market Landscape: 3D image sensor driver market is expected to be dominated by major companies such as OmniVision Technologies Inc., Aptina Imaging Corp., Samsung Semiconductor, Micron Technologies, Sony Semiconductor Corp., Hamamatsu Avago Technologies, and Magna Chips among others.

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Issued By Blessy
Business Address Madhapur
Hyderabad
Country India
Categories Business , Electronics
Tags 3d image sensor market , 3d image sensor market growth , 3d image sensor market research , 3d image sensor market share , 3d image sensor market size
Last Updated August 7, 2020