Global 3D Sensors Strategic Business Report to 2027 - U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 24.5% CAGR - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "3D Sensors: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for 3D Sensors estimated at US$3.4 Billion in the year 2020, is projected to reach a revised size of US$16.2 Billion by 2027, growing at a CAGR of 25.2% over the analysis period 2020-2027.

Image Sensor, one of the segments analyzed in the report, is projected to record a 26.5% CAGR and reach US$9.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Position Sensor segment is readjusted to a revised 24.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 24.5% CAGR

The 3D Sensors market in the U.S. is estimated at US$1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2027 trailing a CAGR of 24.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.9% and 21.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 17.4% CAGR.

Acoustic Sensor Segment to Record 22% CAGR

In the global Acoustic Sensor segment, USA, Canada, Japan, China and Europe will drive the 22% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$325.4 Million in the year 2020 will reach a projected size of US$1.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.9 Billion by the year 2027.

Select Competitors (Total 19 Featured) -

• Cognex Corporation
• IFM Electronic GmbH
• Infineon Technologies AG
• Intel Corporation
• LMI Technologies, Inc.
• Microchip Technology, Inc.
• Occipital, Inc.
• OmniVision Technologies, Inc. (OVT)
• pmdtechnologies AG
• Texas Instruments, Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• 3D Sensors - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/2bfhm3