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    Time Of Flight (ToF) Sensor Market Report

    Time Of Flight (ToF) Sensor Market Report
    Report code - SRAD342 Delivery - 2 Weeks
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    Time-of-Flight (ToF) Sensor Market Size, Share, Trend, Forecast, & Industry Analysis & See more...

    Impact of COVID-19 on Time Of Flight (ToF) Sensor Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Time Of Flight (ToF) Sensor Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Time-of-Flight (ToF) Sensor market is likely to witness a healthy CAGR of 16.8% during the forecast period. Increasing penetration of ToF sensors in the automotive industry as they offer gesture control systems over a variety of functions to drivers and growing adoption of the ToF sensor technology in smartphones for features such as front-facial recognition and rear-facing applications, are the key growth drivers of the market during the forecast period.

    Time-of-Flight (ToF) Sensor Market - Snapshot

    Growth

    16.8% for the next five year

    Major Application Type

    3D Imaging & Scanning

    Dominant End-Use Industry Type

    Consumer Electronics

    Region with the highest demand

    Asia-Pacific

    Key Players

    Texas Instruments Incorporated, STMicroelectronics N.V., Infineon Technologies AG, Panasonic Corporation, Teledyne Technologies Incorporated, Keyence Corporation, PMD Technologies AG, Sharp Corporation, Sony Corporation, and Melexis N.V.

    Segment Analysis

    Time-of-Flight-Sensor-Market-Dominant-Segments

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    Time-of-Flight (ToF) Sensor Market Share: By Application Type

    Based on the application type, the Time-of-Flight (ToF) sensor market is segmented as augmented reality & virtual reality, LiDAR, machine vision, 3D imaging & scanning, and robotics & drone. The 3D imaging & scanning segment is expected to remain the largest and the fastest-growing segment of the market during the forecast period, owing to its increasing adoption due to ease of usage, and their growing application in phones and consumer devices.

    Time-of-Flight (ToF) Sensor Market Share: By End-Use Industry Type

    Based on the end-use industry type, the market is segmented automotive, consumer electronics, gaming & entertainment, industrial, healthcare, and aerospace & defense. The consumer electronics segment is expected to remain the largest and the fastest-growing end-use industry type of the market during the forecast period, owing to its increasing adoption in smartphones and consumer devices on account of its reliability, durability, efficiency at lower cost.

    Time-of-Flight (ToF) Sensor Market Share: By Region

    In terms of regions, Asia-Pacific is expected to remain the dominant as well as the fastest-growing region in the market over the coming five years owing to the fastest-growing automotive industry, largest consumer electronics, healthcare, and pacing aerospace & defense industry in the region. Industrialization, urbanization, and rising disposable income in the emerging economies will significantly continue to propel the demand for Time-of-Flight (ToF) sensors in the region during the forecast period. Organic growth of the automotive industry with increasing penetration of selfless-driving modules and gesture-control systems is also likely to boost the demand for Time-of-Flight (ToF) sensors in the region.

    Time-of-Flight-Sensor-Market-By-Region

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    Market Scope & Segmentation

    Time-of-Flight (ToF) Sensor is a remote sensing method, which uses infrared light pulse to detect and measure distances very accurately by measuring the return time of pulse.

    Time-of-Flight (ToF) Sensor is a cost-effective technology which can measure long-range distances with high accuracy at a very faster rate. It has been used for a wide range of applications which can be classified into gesture and non-gesture.   

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Time-of-Flight (ToF) Sensor Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    12

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The Time-of-Flight (ToF) sensor market is segmented into the following categories. 

    Time-of-Flight (ToF) Sensor Market Size, Share, & Forecast, by Device Type:

    • RF-Modulated Light Sources with Phase Detectors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Range-Gated Imagers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Direct Time-of-Flight Imagers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Time-of-Flight (ToF) Sensor Market Size, Share, & Forecast, by Resolution Type:

    • QQVGA (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • HQVGA (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • QVGA (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • VGA (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Time-of-Flight (ToF) Sensor Market Size, Share, & Forecast, by Application Type:

    • Augmented Reality & Virtual Reality (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • LiDAR (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Machine Vision (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 3D Imaging & Scanning (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Robotics & Drone (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Time-of-Flight (ToF) Sensor Market Size, Share, & Forecast, by End-Use Industry Type:

    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Consumer Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Gaming & Entertainment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Healthcare (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aerospace & Defense (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Time-of-Flight (ToF) Sensor Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Italy, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    Some of the major players in the Time-of-Flight (ToF) sensors market are-

    • Texas Instruments Incorporated
    • STMicroelectronics N.V.
    • Infineon Technologies AG
    • Panasonic Corporation
    • Teledyne Technologies Incorporated
    • Keyence Corporation
    • PMD Technologies AG
    • Sharp Corporation
    • Sony Corporation
    • Melexis N.V.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the application types by device type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The time-of-flight sensor market is expected to witness an impressive growth of 16.8% CAGR in the foreseeable future.

    Texas Instruments Incorporated, STMicroelectronics N.V., Infineon Technologies AG, Panasonic Corporation, Teledyne Technologies Incorporated, Keyence Corporation, PMD Technologies AG, Sharp Corporation, Sony Corporation, Melexis N.V. are among the key players in the time-of-flight sensor market.

    Asia-pacific is expected to remain dominant in the time-of-flight sensor market during the forecast period.

    The consumer electronics segment is expected to be the largest end-use industry in the time-of-flight sensor market in the coming five years.

    The 3D imaging & scanning segment is expected to be the fastest growing application type in the time-of-flight sensor market during the forecast period.

    Increasing penetration of ToF sensors in the automotive industry as they offer gesture control systems over a variety of functions to drivers and growing adoption of the ToF sensor technology in smartphones for features such as front-facial recognition and rear-facing applications are the factors driving the growth of time-of-flight sensor market.

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