3D Sensors Market size is set to grow by USD 5148.49 mn from 2024-2028

The global 3d sensors market size is estimated to grow by USD 5148.49 mn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 18.69% during the forecast period. The 3D sensors market is driven by the security and surveillance sector, with growing adoption in security cameras and CCTV. Providing real-time 3D imaging, position tracking, and gesture recognition.

Major OEMs focus on developing 3D sensors for automotive, healthcare, image sensors, and LiDAR driver monitoring. Key players include ON Semiconductor, CMOS sensor platform, and ToF 3D sensors. Applications include night vision, automobiles, and biometric scanning. Other sectors include automotive in-cabin sensing, machine vision, and IoT platform.

The 3D sensor market encompasses various image processing sensors, including Time-of-Flight sensors and structured light systems, used in applications such as security cameras, smartphones, and tablets. These sensors employ technologies like LiDAR, ultrasound, stereo vision, and gesture analysis for 3D mapping, object recognition, facial recognition, and gesture-based control. The automotive sector integrates 3D sensing hardware, such as LiDAR drones and LiDAR driver monitoring systems, for real-time mapping, object detection, and collision avoidance. The consumer electronics sector, including gaming, virtual reality, and human-computer interaction, also benefits from these advanced sensors. Companies like ON Semiconductor provide 3D sensing solutions through their CMOS sensor platform, offering low-megapixel and high-megapixel cameras with varying chip sizes and pixel pitches. Applications extend to robotics, assembly problems, aerospace & defense, retail (e-gcommerce), and AI-enabled products, enhancing safety, efficiency, and innovation.

The 3D Sensors Market experienced significant growth in North America in 2023, driven by the high adoption of 3D sensors in consumer electronic devices and sectors such as gaming, virtual reality, and human-computer interaction. In the consumer electronics sector, high-resolution cameras and chip size are crucial factors for companies like ON Semiconductor using CMOS sensor platforms to develop low-megapixel and high-megapixel cameras. The automotive sector also saw growth with the integration of 3D sensors in LiDAR driver monitoring, side mirror replacement, night vision, and dash cameras. The healthcare sector utilized 3D image sensors for biometric scanning and AI-enabled products. The use of 3D depth-sensing technology extended to LiDAR drones, aerospace & defense, and retail (e-commerce) applications such as 3D selfies, customized clothing, and power consumption optimization. Additionally, 3D sensors were integrated into automobiles for automotive in-cabin sensing, gesture recognition systems, and ToF 3D sensors for applications like fingerprint sensors and high-end smartphones. Overall, the market's growth was fueled by advancements in 3D depth-sensing technology, AI, and human-computer interaction.