3D Image Sensor Market - Forecast(2021 - 2026)
Overview The market for 3D image sensor is forecast to reach $2.2 billion by 2025, growing at a CAGR of 8.30% from 2020 to 2025. The significant rise in demand for 3D image sensors in medical imaging solutions is set boost the market growth rate during the forecast period 2020-2025. 3d image sensors are majorly built on the basis of stereovision and ToF sensors thereby providing high image quality suitable for various applications. Owing to their significant use in these devices as well as other consumer electronics, the growing adoption of smartphones and cameras is set to impact on the growth of the CMOS 3D image sensor market. Key Takeaways Consumer electronics sector holds the highest market share in 2019. This is majorly attributed to the applications of 3D image sensors in various devices such as mobiles, wearables and so on. APAC is analysed to hold highest share in 2019 owing to the high presence of consumer electronics, automotive and medical manufacturing industries. The ri...