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Depth Sensing Market to Witness Huge Growth by Key Players: Texas Instruments, Infineon Technologies, Qualcomm, Occipital, Stereolabs, Creative, pmd technologies, Sony Depthsensing Solutions, BECOM BLUETECHNIX, Intel, Melexis and Others.

05-02-2020 09:57 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Depth Sensing Market to Witness Huge Growth by Key Players: Texas

According to Market Study Report, Depth Sensing Market provides a comprehensive analysis of the Depth Sensing Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape. technological trends and emerging opportunities of global industry. This report also provides market landscape and market share information in the Depth Sensing Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Depth Sensing Market is expected to grow from USD 4.40 Billion in 2018 to USD 7.72 Billion by 2023, at a CAGR of 11.89% between 2018 and 2023. This report spread across 118 pages, profiling 10 companies and supported with 65 tables and 35 figures are now available in this research.

Top Key Players Profiled in the Depth Sensing Market:
o Texas Instruments (US)
o Infineon Technologies (Germany)
o Qualcomm (US)
o Occipital (US)
o Stereolabs (US)
o Creative (Singapore)
o pmd technologies (Germany)
o Sony Depthsensing Solutions (Belgium)
o BECOM BLUETECHNIX (Austria)
o Intel (US)
o Melexis (Belgium)
o Tower semiconductor (Israel)
o Vrmagic (Germany)
o Aquifi (US)
o Nerian Vision Technologies (Germany)
o Espros (Switzerland)
o Sunny Optical Technology (China)
o PrimeSense (Israel)
o ASUS TeK Computer (Taiwan)
o LIPS Corporation (Taiwan)

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"Depth sensing market for active depth sensing to hold largest share by 2023"
The depth sensing market for the active depth sensing is expected to account for the largest market share by 2023 as a result of increasing demand for accurate depth calculations required in various sectors such as consumer electronics, industrial, and automotive. In active depth sensing, illuminator and camera/lens module are used for object triangulation. A laser is a widely used illuminating source in active depth sensing; however, it is suitable in limited environments.

"Market for sensors to grow at highest CAGR during forecast period"
The sensor depth sensing market is expected to grow at the highest CAGR during the forecast period. The market growth of this segment is attributed to the increasing demand for accurate depth data. IR sensors are mainly used in depth sensing. Infineon (Germany), Melex is (Belgium), ST Microelectronics (Switzerland), Omnivision (US), and Sony (Japan) are a few sensor manufacturers for depth sensing.

"APAC to hold largest share and expected to witness highest growth in depth sensing market in near future"
APAC is expected to hold the largest share of the depth sensing market by 2023. The depth sensing market in APAC is expected to grow at a high CAGR during the forecast period. The high growth of the market in this region can be attributed to increasing demand for depth sensing is from the consumer electronics application, which includes smart phones and tablets, laptops, and gaming headsets mainly from APAC.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 =45 %, Tier 2 =30%, and Tier 3 =25%
o By Designation: C-Level Executives =40% and Managers=60%
o By Region: Americas=30%, Europe =40%, APAC =20%, and RoW =10%

Competitive Landscape of Depth Sensing Market:
1 Introduction
2 Ranking Analysis of Market Players
3 Competitive Scenario
3.1 Battle for the Market Share
3.2 Product Launches and Developments
3.3 Expansions, Collaborations, Partnerships, And Others

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Research Coverage:
This research report categorizes the overall depth sensing market based on component, type, technology, vertical, and geography. The report describes major drivers, restraints, challenges, and opportunities pertaining to the market as well as provides the value chain analysis.

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