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Global Time-of-Flight (ToF) Sensor Market (2020 to 2025) - Increasing Adoption of 3D Machine Vision Systems Across Various Industries Presents OpportunitiesDUBLIN, Feb. 21, 2020 /PRNewswire/ -- The "Time-of-Flight (ToF) Sensor Market by Resolution (QQVGA, HQVGA, QVGA, & VGA), Application (Augmented Reality & Virtual Reality, LIDAR, Machine Vision, 3D Imaging & Scanning, and Robotics & Drone), Product Type, Vertical and Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.  The ToF sensor market is expected to grow from USD 2.8 billion in 2020 to USD 6.9 billion by 2025, at a CAGR of 20.0%. The growth of this market is mainly driven by the increasing demand for ToF sensors from the automotive industry and the growing adoption of 3D cameras in smartphones and the increasing use of such smartphones. The increasing adoption of 3D machine vision systems in industries such as healthcare, aerospace & defense, and consumer electronics and the rising deployment of Industry 4.0 is expected to provide major opportunities to the players in the ToF sensor market. However, extra costs associated with sensor solutions restrain the market growth. Consumer electronics vertical to hold the largest share of ToF sensor market by 2025 The ToF sensor market for the consumer electronics vertical is expected to grow at the highest CAGR from 2020 to 2025. Rising demand for 3D-enabled devices in consumer electronics and increasing users of smartphones are the key factors for the growth of the ToF sensor market for consumer electronics. Intelligence, reliability, low power consumption, low cost, and high integration are the drivers for the integration of ToF technology in consumer electronics such as computers, televisions, gaming consoles, cameras, camcorders, and smartphones. The rising demand for these devices is creating the demand for ToF sensors, which, in turn, would give an impetus to further advancements in the ToF technology. APAC to be the largest market for ToF sensors by 2025 APAC is expected to hold the largest share of the ToF sensor market during the forecast period owing to the rapid industrialization and high adoption of consumer electronics including gaming consoles, PCs, and laptops in the region. Additionally, the easy availability of low-cost labor has led to increased manufacturing of different electronic components and devices in this region, thereby leading to the emergence of APAC as a global manufacturing hub. This, in turn, has led to increased demand for ToF sensors for monitoring and inspection applications in the manufacturing industry of the region. All these factors are expected to drive the growth of the time-of-flight (ToF) sensors market in APAC. Key Topics Covered: 1 Introduction 5.2.4 Challenges 5.2.4.1 Fluctuations in Raw Material Prices 5.3 Value Chain Analysis 6 Time-of-Flight Sensor Market, By Device Type 6.1 Introduction 6.2 RF-Modulated Light Sources With Phase Detectors 6.3 Range-Gated Imagers 6.4 Direct Time-of-Flight Imagers 7 Time-of-Flight Sensor Market, By Resolution 7.1 Introduction 7.2 Quarter Quarter Video Graphics Array 7.2.1 Aptness of QQVGA ToF Sensors for Handheld Devices 7.3 Half Quarter Video Graphics Array 7.3.1 Emergence of HQVGA ToF Sensors in Smartphone and Gaming Applications 7.4 Quarter Video Graphics Array 7.4.1 High Adoption of QVGA ToF Sensors in Electronic Devices 7.5 Video Graphics Array 7.5.1 VGA Holds Second-Largest Market for ToF Sensors 8 Time-of-Flight Sensor Market, By Application 8.1 Introduction 8.2 AR and VR 8.2.1 Increasing Use of AR and VR Technology-Based Systems in Education, Healthcare, and Entertainment Applications Drives Demand for ToF Sensors 8.3 LiDAR 8.3.1 Increasing Adoption of LiDAR Technology in Automobiles, Retail Stores, and Manufacturing Plants to Surge Demand for ToF Sensors 8.4 Machine Vision 8.4.1 Growing Deployment of Time-of-Flight Sensors in 3D Machine Vision Systems Propel ToF Sensor Market Growth 8.5 3D Imaging and Scanning 8.5.1 Rising Deployment of ToF Sensors in 3D Imaging and Scanning Applications Would Enable This Application to Account for Largest Market Size 8.6 Robotics and Drone 8.6.1 Engaging Participation of Companies in Developing and Promoting 3D ToF Sensor-Based Industrial Robotics Driving Adoption of ToF Sensors for Robotics and Drone Applications 9 Time-of-Flight Sensor Market, By Vertical 9.1 Introduction 9.2 Automotive 9.2.1 Adoption of ToF Sensors to Enhance In-Cab Applications 9.3 Consumer Electronics 9.3.1 Consumer Electronics Vertical to Witness Highest Growth Rate During Forecast Period 9.3.1.1 Smartphones and Tablets 9.3.1.2 Wearables 9.4 Gaming & Entertainment 9.4.1 Use of Gaming Consoles Enabled With Gesture and Motion Tracking Sensors to Accelerate ToF Sensor Market Growth 9.5 Industrial 9.5.1 Implementation of ToF Sensors in Industrial Automation Processes to Fuel ToF Sensor Market Growth During the Forecast Period 9.6 Healthcare 9.6.1 Deployment of High-Resolution 3D Cameras in Increasing Number of Treatments and Procedures to Foster ToF Sensor Market Growth 9.7 Aerospace & Defense 9.7.1 Need for 3D Machine Vision Systems in Aerospace & Defense Vertical Boosts Adoption of ToF Sensors 10 Geographic Analysis 10.1 Introduction 10.2 North America 10.2.1 US 10.2.1.1 US to Remain Largest Market for ToF Sensors in North America 10.2.2 Canada 10.2.2.1 Manufacturing and Automotive Industries Likely to Fuel Demand for ToF Sensors in Canada 10.2.3 Mexico 10.2.3.1 Improvement in Manufacturing Infrastructure in Mexico Create Demand for ToF Sensors 10.3 Europe 10.3.1 UK 10.3.1.1 Automotive Industry and Industrial Automation to Drive Growth of ToF Sensor Market in the UK 10.3.2 Germany 10.3.2.1 Germany Held Largest Share of European ToF Sensor Market in 2019 10.3.3 France 10.3.3.1 Automotive and Healthcare Companies to Drive Growth of ToF Sensor Market in France 10.3.4 Rest of Europe 10.4 APAC 10.4.1 China 10.4.1.1 China Held Largest Share of ToF Sensor Market in APAC in 2019 10.4.2 Japan 10.4.2.1 Presence of Well-Established Automotive and Consumer Electronics Industries Projected to Augment Growth of ToF Sensor Market in Japan 10.4.3 South Korea 10.4.3.1 Flourished Consumer Electronics Industry in Country to Propel Growth of ToF Sensor Market in South Korea 10.4.4 India 10.4.4.1 ToF Sensor Market in India Expected to Grow at the Highest Rate From 2020 to 2025 10.4.5 Rest of APAC 10.5 RoW 10.5.1 Middle East and Africa 10.5.1.1 ToF Sensor Market in Middle East and Africa Projected to Grow at Higher CAGR Than That of in South America From 2020 to 2025 10.5.2 South America 10.5.2.1 South America Held Smaller Share of ToF Sensor Market in 2019 Than That of Middle East and Africa 11 Competitive Landscape 11.1 Introduction 11.2 Market Player Ranking Analysis 11.3 Competitive Leadership Mapping 11.3.1 Visionary Leaders 11.3.2 Dynamic Differentiators 11.3.3 Innovators 11.3.4 Emerging Companies 11.4 Competitive Benchmarking 11.4.1 Strength of Product Portfolio (25 Companies) 11.4.2 Business Strategy Excellence (25 Companies) 11.5 Competitive Scenario 11.6 Competitive Situations and Trends 11.6.1 Product Launches and Developments 11.6.2 Acquisitions 11.6.3 Collaborations/Agreements/Partnerships 11.6.4 Expansions 12 Company Profiles 12.1 Key Players 12.1.1 Texas Instruments Incorporated 12.1.2 STMicroelectronics N.V. 12.1.3 Infineon Technologies 12.1.4 Panasonic Corporation 12.1.5 Melexis 12.1.6 Teledyne Technologies Incorporated 12.1.7 pmd Technologies AG 12.1.8 Keyence Corporation 12.1.9 Sharp Corporation 12.1.10 Sony Corporation 12.2 Right to Win 12.2.1 STMicroelectronics (Switzerland) 12.2.2 Texas Instruments (US) 12.2.3 Infineon Technologies (Germany) 12.2.4 Panasonic Corporation (Japan) 12.2.5 Melexis (Belgium) 12.3 Other Companies 12.3.1 AMS AG 12.3.2 Broadcom Inc. (Avago) 12.3.3 Omron Corporation 12.3.4 Renesas Electronics 12.3.5 Espros Photonics 12.3.6 Adafruit Industries 12.3.7 Sparkfun Electronics 12.3.8 Terabee 12.3.9 Chirp Microsystems, Inc. (Tdk Corporation) 12.3.10 Lucid Vision Labs, Inc. For more information about this report visit https://www.researchandmarkets.com/r/4llt0t Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets SOURCE Research and Markets 
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