Time-of-Flight Sensor Market Analysis and Scope (2023 to 2028)
Time-of-Flight Sensor Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 4273.66 Million |
Market Size by 2031 | US$ 15574.54 Million |
Global CAGR (2023 - 2031) | 17.5 % |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Time-of-Flight Sensor Market News and Recent Developments
The time-of-flight sensor market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the time-of-flight sensor market are listed below:
- STMicroelectronics introduced new high-resolution time-of-flight sensors for advanced 3D depth imaging for smartphones and other devices. The VD55H1 sensor maps 3D surfaces by measuring the distance to approximately half a million points and enables detection of objects up to 5 m from the sensor.(Source: STMicroelectronics, Press Release, MArch 2022.)
- TDK Corporation launched the Chirp ICU-10201 and ICU-20201, ultra-low power and high-performance integrated ultrasonic time-of-flight sensors for long and short range detection. The company states that new MEMS sensors offer accurate range measurements up to a distance of 5 m over a wide and configurable field of view. (Source: TDK Corporation, Press Release, January 2022)
Time-of-Flight Sensor Market Report Coverage and Deliverables
The “Time-of-Flight Sensor Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Time-of-flight sensor market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Time-of-flight sensor market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- time-of-flight sensor market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the time-of-flight sensor market
- Detailed company profiles