The Asia Pacific 3D Sensors Market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report. 3D sensors market in Asia-Pacific is expected to grow from US$ 2.32 Bn in 2018 to US$ 42.23 Bn by the year 2027. This represents a CAGR of 35.4% from the year 2019 to 2027.  

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). .

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Given the steady rise in income among Chinese consumers on average, the proportion of luxury vehicles among the population will also increase, giving way to more high-end vehicles equipped with OEM 3D sensor systems. In 2016, China was the largest manufacturer of passenger cars in the world. This steep rise in production can be attributed to the burgeoning numbers of local OEMs along with setting up manufacturing plants of global automobile manufacturers.

These factors are expected to offer broad growth opportunities in the Electronics and Semiconductor industry and this is expected to cause the demand for 3D Sensors in the market. Business Market Insights reports focus upon client objectives, use standard research methodologies and exclusive analytical models, combined with robust business acumen, which provides precise and insightful results. Business Market Insights reports are useful not only for corporate and academic professionals but also for consulting, research firms, PEVC firms, and professional services firms.

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

Asia-Pacific 3D sensors Market – By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific

Asia-Pacific 3D sensors Market -Companies Mentioned

  • Adafruit
  • AMS AG
  • Teledyne
  • IFM Electronic GmbH
  • Infineon Technologies AG
  • Keyence Corporation
  • Melexis
  • STMicroelectronics
  • Sony Corporation
  • Texas Instruments Incorporated

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