Asia Pacific 3D Sensors Market Segmentation, Analysis by Recent Trends, Development by Regions to 2027
Category: #reports  By Ashwin Naphade  Date: 2020-03-12
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Asia Pacific 3D Sensors Market Segmentation, Analysis by Recent Trends, Development by Regions to 2027

MarketStudyReport.com offers 2019 report on Global Asia Pacific 3D Sensors Market that evaluates industry growth trends through historical data and estimates prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2019-2027.

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.

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The overall Asia-Pacific 3D sensors market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia-Pacific 3D sensors market. It also provides the overview and forecast for the Asia-Pacific 3D sensors market based on all the segmentation provided with respect to the Asia-Pacific region. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia-Pacific 3D sensors industry. Some of the players present in 3D sensors market are Adafruit, Ams Ag, Teledyne, Ifm Electronic GmbH, Infineon Technologies Ag, Keyence Corporation, Melexis, STMicroelectronics, Sony Corporation, and Texas Instruments Incorporated, among others.

The 3D sensors market by technology is segmented into stereo vision, time-of-flight, and structured light. The Structured Light Approach (SLA) is an active triangulation method for 3D range measurement and has high-resolution 3D data. A structured light 3D scanner allows project multiple light patterns concurrently in a large area. The machines utilize an LED light source that lasts longer, and these machines have a higher tolerance for scanning in a room that contains additional light sources. The SLA has an operating temperature lower than the white light machines. In SLI, a pattern of infrared light pattern is projected onto an object. ToF sensors measure the time of light traveling. Moreover, SLI uses the distortion of the infrared light pattern to calculate the distance to an object.

The 3D sensors market is fragmented with the presence of several market players. The companies operating in the 3D sensors market are focusing on offering flexible and efficient solutions to attract new customers and gain a strong market position. 

The manufacturing sector is expanding rapidly with the emerging investments from various regions in technological advancements. The manufacturers are anticipated to invest 13% more in several nonresidential buildings and machinery in such regions in the coming years. This expansion in the manufacturing sector is expected to embrace technological advancements to enhance the plant productivity, maintain process flow with varying customer demands, and gain a competitive edge over competitors. Also, the industry is presently found to be in the middle of a technological renaissance, which is changing the outlook, systems, and processes of modern factory setups. These technological revolutions have been encouraging the manufacturing industries to further invest in emerging technologies to enhance their productivity and production cycle. The growing popularity of automation across the industrial sector is expected to drive the growth of the 3D sensors market.  

The government of several nations worldwide are taking initiatives to support and promote the development and adoption of robotics in their respective countries. For instance, under its Industry Transformation Program, the government of Singapore has announced several measures to encourage companies and industries to innovate, automate, expand overseas, and obtain financing. The Singapore government, in 2015, introduced the “National Robotics Program” for the development and deployment of robotics in various sectors, including healthcare, manufacturing, construction, and logistics. Further, a new three-year Automation Support Package was introduced as part of its budget in 2016. Under this, the government enhanced the program by providing over US$ 450 Mn for the development and adoption of robotics. The growing government initiatives to promote robotics are expected to drive the growth of the 3D sensors market.

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Table of Content:

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Asia-Pacific 3D Sensors Market, by Technology

1.3.2 Asia-Pacific 3D Sensors Market, by End-User Verticals

1.3.3 Asia-Pacific 3D Sensors Market, by Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Asia-Pacific 3D Sensors – Market landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 PEST Analysis: 3D Sensors Market in APAC

5. Key Market Dynamics

5.1 Key Drivers

5.1.1 Increasing demand for smart consumer electronics

5.1.2 The growing popularity of automation and deployment of machine vision is expected to support the growth of 3D sensors market

5.2 Key Restraints

5.2.1 Growing concerns regarding the accuracy and reproducibility of sensor data in varying operating conditions

5.3 Key Opportunities

5.3.1 Government initiatives to support the robotics is creating lucrative business opportunities

5.4 Future trends

 

For More Details on this Report:

https://www.marketstudyreport.com/reports/asia-pacific-3d-sensors-market-to-2027-regional?utm_source=itrsrch&utm_medium=Vipin

Related Report:

Asia Pacific Ultrasonic Sensor Market to 2027 - Regional Analysis and Forecasts

Ultrasonic sensor market in Asia-Pacific is expected to grow from US$ 1.30 Bn in 2018 to US$ 3.03 Bn by the year 2027. This represents a CAGR of 9.9% from the year 2019 to 2027.

https://www.marketstudyreport.com/reports/asia-pacific-ultrasonic-sensor-market-to-2027-regional?utm_source=itrsrch&utm_medium=Vipin   

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About Author

Ashwin Naphade

Email: [email protected]   

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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