Meticulous Research®—a leading global market research company, published a report titled, ‘3D Sensing and Imaging Market, by Type, Technology (LiDAR, Structured Light, Time-of-Flight), Application (Medical Imaging, Industrial Automation), and End-use Industry (Consumer Electronics, Healthcare, Others), and Geography - Global Forecast to 2030.’
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A recent analysis by Meticulous Research® forecasts the 3D sensing and imaging market to surge to $115.3 billion by 2030, with a robust CAGR of 24.2% from 2023 to 2030. The increasing demand for 3D sensing devices, a shift toward VCSEL (Vertical-Cavity Surface-Emitting Lasers) over LEDs, and the wider applications of 3D imaging sensors across industries are driving this substantial growth.
The market is further propelled by the rising need for advanced driver-assistance systems (ADAS), the growing use of 3D imaging in healthcare, and the incorporation of 3D accelerometers in smartphones and gaming consoles. These factors underscore the broadening role of 3D sensing and imaging technologies across sectors.
Challenges remain, including the high costs associated with 3D sensing technologies and the need for enhanced accuracy and reliability. Emerging trends such as the development of liquid lenses and the growing adoption of Industry 4.0 are expected to shape the market further.
Leading players such as STMicroelectronics N.V., Infineon Technologies AG, Microchip Technology Inc., and Viavi Solutions Inc. are spearheading innovation and advancement in the sector.
The consumer electronics segment is projected to dominate due to the increasing use of smartphones and cameras, while the healthcare segment is expected to witness the highest growth rate driven by the expanding use of 3D imaging in medical diagnostics.
North America is predicted to remain the leading region in the market, supported by strong demand for 3D sensing optical technologies, while the Asia-Pacific region is forecast to experience the fastest growth, driven by its rapid adoption of advanced technologies.
The overall trajectory of the 3D sensing and imaging market highlights a dynamic and evolving landscape with abundant opportunities for innovation and growth.
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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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