Time Of Flight (TOF) Sensors

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Time Of Flight (TOF) Sensors Market
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Some of the global leading clients that we have
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Clientele
Some of the global leading clients that we have
served
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Market Overview
The global time-of-flight (ToF) sensor market
size was valued at USD 3.28 Billion in 2022. It
is expected to reach USD 13.93 Billion by 2030,
growing at a CAGR of 17.44 during the forecast
period (20222030).
In the coming years, ease of use will increase
the demand for 3D scanning technology.
Time-of-flight is an active 3D imaging and
scanning technology that is expected to form a
new trend in TOF sensor demand along with
biometric authentication. Secure authentication
or payment by facial recognition incorporating a
time-of-flight sensor is necessary in today's
world for security purposes. At CES 2020,
companies like Infineon are collaborating with
software and 3D Time of Flight systems specialist
PMD Technologies AG to showcase 3D depth sensors
for biometric face authentication and enhanced
photo capabilities in smart devices.
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Regional Analysis
Asia Pacific is the most significant shareholder
in the global flight hours market and is
projected to grow at a CAGR of 18.26 during the
forecast period. As a result of the large number
of manufacturing facilities and brands for
consumer electronics and smartphones, China is
expected to hold the majority of the ToF sensor
market. By 2022, China is projected to be the
global leader in AI technology, with a
significant portion of its expanding sector
expected to adopt AI-powered cameras. RD and
investments in factory automation and technology
are encouraged by Chinese government initiatives
such as the Made in China 2025 initiative. The
Made in China initiative seeks to increase
domestic production of automation equipment as
most of it is imported from other countries.
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Time Of Flight (TOF) Sensors Market has been
segmented into

• By Type
• RF-Modulated Light Sources
• Range Gated Imagers
• Direct Time-Of-Flight Imagers

• By Application
• Automotive
• Industrial
• Healthcare
• Smart Advertising
• Entertainment

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Strategic Developments

• August 2022 - Berlin-based startup Industrial
  Analytics is acquired by Infineon Technologies
  AG. Infineon is strengthening its artificial
  intelligence software and services business to
  perform predictive analytics on machinery and
  industrial equipment. Infineon is acquiring all
  outstanding shares. The value of the transaction
  is not disclosed by agreement between the
  parties.
• September 2022 - Surgical endoscopy systems with
  4K, 3D, infrared (IR) imaging of the stomach and
  surgical visualization capabilities such as NBI
  were developed by Sony Corporation, Olympus
  Corporation, and a joint venture between Sony and
  Sony Olympus Medical Solutions Inc. . Olympus,
  three companies announced today (Narrow Band
  Imaging). After September 2022, Olympus will sell
  this system as "VISERA ELITE III" in Europe,
  Middle East and Africa (EMEA) and select regions
  of Asia, Oceania and Japan.

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Market Players

• Texas Instruments,
• STMicroelectronics,
• PMD Technologies,
• Infineon,
• PrimeSense (Apple),
• MESA (Heptagon),
• Melexis, Intersil,
• Canesta (Microsoft),
• Espros Photonics,
• TriDiCam,
• Broadcom Limited,
• And Others.

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