Depth Sensing Market

Depth Sensing Market is valued at USD 2662.04 Million in 2017 and expected to reach USD 5918.11 Million by 2024 with the CAGR of 12.09% over the forecast period.

Scope of Global Depth Sensing Market Report

Depth Sensing Market increasing demand for technologies like motion detector, automation, robotics, AR/VR gaming is the driving factor for Depth Sensing Market.

Depth Sensing Market report published by the Brandessence Market Research and Consulting Pvt. Ltd. provides the detail information about Depth Sensing market from various aspects. This report consists of drivers, challenges and opportunities which help the market to grow over the analysis period and recent trends which supports the growth of market. This report consists of regional segmentation with product type and applications.

Depth sensing technology is used in various new applications like AR / VR, in which the depth sensing devices sense real 3D world and construct them in virtual world. It is also applied in robotics and automated vehicle system to accurately   navigating, localizing, mapping, and avoiding collision. Other applications are face recognition, gesture and proximity detection for gaming security purpose. Basically, depth sensing is used to sense the real world and make a virtual world which can be understood by machines for automatic and smooth functions without human intervention. It can be said that depth sensing is used to make machines and computers more intelligent.

The key driving factor of depth sensing market is its wild application and increasing use in various sectors like consumer electronics, automation, robotics, security and surveillance, defense, motion detectors etc. it is in high rise due to consumer expectation of having technological revolution in virtual reality and more integrated interaction between machine and human. High consumption of power and high cost are the main obstacles for depth sensing market which render it less available for common people.

Combination of computer vision and depth sensing technology, which helps in improvement of CV algorithms to do more advanced works is an opportunity for this market. With the help of depth sensing many AR and VR Games are developed, but they still need improvements like natural world experience, providing real time information etc. which is a great area to be explored by the market players in this market.

Depth Sensing Market Key Players:

• Apple Inc.
• Basler AG
• Cognex Corporation
• Creative Technology Ltd.
• Google LLC
• Intel Corporation
• Lumentum Holdings Inc.
• Microsoft Corporation
• Occipital, Inc.
• Orbbec
• PMD Technologies AG
• Qualcomm Technologies, Inc.
• SoftKinetic
• Sony Corporation
• Texas Instruments Incorporated
• Others

Depth Sensing Market Segmentation 

By Component type

• Sensor
• Illuminator
• Camera/lens module

By Type

• Active depth sensing
• Passive depth sensing

By Technology

• Structured
• Time-flight
• Stereo vision

By End Use

• Automotive
• Building automation
• Consumer electronics
• Industrial
• Medical
• Others

On Special Requirements Depth Sensing Market Market Report is also available for the below Regions and Countries:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

The Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis	Details
Historical data	2014 - 2017
Forecast Period	2017 - 2024
Market Size in 2017:	USD 2662.04 Million
Base year considered	2019
Forecast Period CAGR %:	28.46%
Market Size Expected in 2024:	USD 5918.11 Million
Tables, Charts & Figures:	175
Pages	200
Depth Sensing Companies	Apple Inc., Basler AG, Cognex Corporation, Creative Technology Ltd., Google LLC, Intel Corporation, Lumentum Holdings Inc., Microsoft Corporation, Occipital, Inc., Orbbec, PMD Technologies AG, Qualcomm Technologies, Inc., SoftKinetic, Sony Corporation, Texas Instruments Incorporated and Others.
Segments Covered	By Component type,By Technology,By Type,By End-use
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits of Global Depth Sensing Market Report: -

• Global Depth Sensing Market report covers in-depth historical and forecast analysis
• Global Depth Sensing Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and Country levels.
• Global Depth Sensing Market report helps to identify opportunities in the marketplace.
• Global Depth Sensing Market report covers an extensive analysis of emerging trends and the competitive landscape.