The rising integration of connected valves for industrial, commercial and residential sectors is anticipated to fuel the Europe 3D Sensors market growth. The IoT trend is steadily penetrating each and every aspect of the industry. With the emergence of IPv6 and IoT, any product in the world can be assigned with an IP address and thereby brought over the internet. Valves integrated with embedded processor and networking capability to achieve sophisticated monitoring technology which can be coordinated with central control station is thus anticipated to gain traction in the coming times. In order to attain this in industries, industrial valves are connected to data network, coordinating control valve operation with the data available. These initiative by the market player are enhancing the growth of Europe 3D Sensors market.

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The consumer electronics industry is witnessing immense growth in both developed and developing countries, and advancements and smart features that are offered by the manufacturing companies have been the major contributors to this growth. Currently, various consumer electronics devices are used by individuals for a plethora of tasks. Consumer electronics such as smartphones, tablets, PCs, TVs, washing machines, fridge, and music players have become an integral part of routine lives. All these devices are becoming smarter with the ongoing technological advancements and integration of the Internet of Things (IoT) and Artificial Intelligence (AI). The advancements in sensor technology have paved the way for the remarkable growth of IoT and AI in most of the technological areas, including the automotive sector. The market for consumer electronics devices is continually growing, with the manufacturers coming up with advanced technologies and features in their devices on a regular basis and rising disposable incomes of users in the developed and developing economies.

Some of the prominent smartphone manufacturers have pioneered the integration of 3D ToF sensors into their smartphone models. Leading global smartphone manufacturers such as Huawei, Samsung, Oppo, LG, and Apple are the pioneers in the integration of 3D ToF sensors into various models. Huawei P30 Pro, Samsung Galaxy S10 5G, Oppo RX17 Pro, Honor View 20, LG G8 ThinQ, and iPhone 2020 models have integrated or have planned to incorporate the 3D ToF sensors into the models.

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ASIA-PACIFIC 3D SENSORS MARKET - SEGMENTATION

Asia-Pacific 3D sensors Market – By Technology

· Stereo Vision

· Time-of-Flight

· Structured Light

Asia-Pacific 3D sensors Market – By End-user Vertical

· Healthcare

· Aerospace

· Industrial

· Automotive

· Consumer Electronics

· Others

Company Profiles

1. Adafruit

2. AMS AG

3. Teledyne

4. IFM Electronic GmbH

5. Infineon Technologies AG

6. Keyence Corporation

7. Melexis

8. STMicroelectronics

9. Sony Corporation

10. Texas Instruments Incorporated

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