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Time-of-Flight (TOF) Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global time-of-flight (TOF) sensor market size reached US$ 3.15 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.05 Billion by 2027, exhibiting a growth rate (CAGR) of 17.50% during 2022-2027.

Time-of-flight (ToF) sensor is a small and lightweight sensor that measures depth and distance by using the time-of-flight principle. It helps calculate distances using the time taken by photons to travel from the emitter of a sensor to the target and then back to the receiver. It offers insights into key business metrics, including periodic occupancy counting to space optimization. Besides this, it is a reliable and cost-effective technology that provides a more extended range, precise and faster readings, and better safety and accuracy than other distance sensors. As a result, the TOF sensor finds extensive applications in robot navigation, 3D mapping, industrial automation, vehicle monitoring, and object detection.

Time-of-Flight (TOF) Sensor Market Trends:

The rising employment of ToF sensors in the automotive industry to support hand position interaction and operate the sunroof, air conditioning, and radio system represents one of the key factors positively influencing the market. In addition, the growing global population is driving the demand for consumer electronic goods, such as smartphones, laptops, tablets, and wearables. TOF sensors in smartphones support front-facial recognition and rear-facing applications with high reliability, low power consumption and cost, and easy integration. Apart from this, the increasing utilization of three-dimensional (3D) TOF cameras in object scanning and tracking, security systems, indoor navigation, obstacle avoidance, and medical imaging is creating a positive market outlook. Furthermore, the deployment of industry 4.0 and the increasing employment of 3D machine vision systems across various industry verticals are contributing to market growth. Additionally, leading market players are introducing technologically advanced product variants to expand their market reach and increase profitability. Moreover, investments in research and development (R&D) in the electronic industry are expected to drive the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global time-of-flight (TOF) sensor market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, application and end user.

Breakup by Type:

  • RF-Modulated Light Sources with Phase Detectors
  • Range-Gated Imagers
  • Direct Time-of-Flight Imagers
     

Breakup by Application:

  • Augmented Reality and Virtual Reality
  • LiDAR
  • Machine Vision
  • 3D Imaging and Scanning
  • Robotics and Drone
     

Breakup by End User:

  • Consumer Electronics
  • Automotive
  • Entertainment and Gaming
  • Industrial
  • Healthcare
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Adafruit Industries, ams AG, Broadcom Inc., Infineon Technologies AG, Keyence Corporation, Melexis (Xtrion N.V.), Omron Corporation, pmdtechnologies ag, Renesas Electronics Corporation, Sharp Corporation, Sony Semiconductor Solutions Corporation (Sony Group Corporation), STMicroelectronics N.V., Teledyne e2v (Teledyne Technologies Incorporated) and Texas Instruments Incorporated.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Adafruit Industries, ams AG, Broadcom Inc., Infineon Technologies AG, Keyence Corporation, Melexis (Xtrion N.V.), Omron Corporation, pmdtechnologies ag, Renesas Electronics Corporation, Sharp Corporation, Sony Semiconductor Solutions Corporation (Sony Group Corporation), STMicroelectronics N.V., Teledyne e2v (Teledyne Technologies Incorporated) and Texas Instruments Incorporated.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global time-of-flight (TOF) sensor market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global time-of-flight (TOF) sensor market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global time-of-flight (TOF) sensor market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Time-of-Flight (TOF) Sensor Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    RF-Modulated Light Sources with Phase Detectors
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Range-Gated Imagers
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Direct Time-of-Flight Imagers
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Application
    7.1    Augmented Reality and Virtual Reality
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    LiDAR
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Machine Vision
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    3D Imaging and Scanning
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Robotics and Drone
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by End User
    8.1    Consumer Electronics
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Automotive
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Entertainment and Gaming
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Industrial
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Healthcare
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Adafruit Industries
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    ams AG
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
        14.3.3    Broadcom Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Infineon Technologies AG
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Keyence Corporation
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
        14.3.6    Melexis (Xtrion N.V.)
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Omron Corporation
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    pmdtechnologies ag
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Renesas Electronics Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Sharp Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Sony Semiconductor Solutions Corporation (Sony Group Corporation)
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    STMicroelectronics N.V.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
        14.3.13    Teledyne e2v (Teledyne Technologies Incorporated)
           14.3.13.1 Company Overview
           14.3.13.2 Product Portfolio
        14.3.14    Texas Instruments Incorporated
           14.3.14.1 Company Overview
           14.3.14.2 Product Portfolio
           14.3.14.3 Financials
           14.3.14.4 SWOT Analysis

List of Figures

Figure 1: Global: Time-of-Flight Sensor Market: Major Drivers and Challenges
Figure 2: Global: Time-of-Flight Sensor Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Time-of-Flight Sensor Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Time-of-Flight Sensor Market: Breakup by Type (in %), 2021
Figure 5: Global: Time-of-Flight Sensor Market: Breakup by Application (in %), 2021
Figure 6: Global: Time-of-Flight Sensor Market: Breakup by End User (in %), 2021
Figure 7: Global: Time-of-Flight Sensor Market: Breakup by Region (in %), 2021
Figure 8: Global: Time-of-Flight Sensor (RF-Modulated Light Sources with Phase Detectors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Time-of-Flight Sensor (RF-Modulated Light Sources with Phase Detectors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Time-of-Flight Sensor (Range-Gated Imagers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Time-of-Flight Sensor (Range-Gated Imagers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Time-of-Flight Sensor (Direct Time-of-Flight Imagers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Time-of-Flight Sensor (Direct Time-of-Flight Imagers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Time-of-Flight Sensor (Augmented Reality and Virtual Reality) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Time-of-Flight Sensor (Augmented Reality and Virtual Reality) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Time-of-Flight Sensor (LiDAR) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Time-of-Flight Sensor (LiDAR) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Time-of-Flight Sensor (Machine Vision) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Time-of-Flight Sensor (Machine Vision) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Time-of-Flight Sensor (3D Imaging and Scanning) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Time-of-Flight Sensor (3D Imaging and Scanning) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Time-of-Flight Sensor (Robotics and Drone) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Time-of-Flight Sensor (Robotics and Drone) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Time-of-Flight Sensor (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Time-of-Flight Sensor (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Time-of-Flight Sensor (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Time-of-Flight Sensor (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Time-of-Flight Sensor (Entertainment and Gaming) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Time-of-Flight Sensor (Entertainment and Gaming) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Time-of-Flight Sensor (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Time-of-Flight Sensor (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Time-of-Flight Sensor (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Time-of-Flight Sensor (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Time-of-Flight Sensor (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Time-of-Flight Sensor (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: North America: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: North America: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: United States: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: United States: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Canada: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Canada: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Asia-Pacific: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Asia-Pacific: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: China: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: China: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Japan: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Japan: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: India: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: India: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: South Korea: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: South Korea: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Australia: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Australia: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Indonesia: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Indonesia: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Others: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Others: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Europe: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Europe: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Germany: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Germany: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: France: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: France: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: United Kingdom: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: United Kingdom: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Italy: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Italy: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Spain: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Spain: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Russia: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Russia: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Latin America: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Latin America: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Brazil: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Brazil: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Mexico: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Mexico: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Middle East and Africa: Time-of-Flight Sensor Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Middle East and Africa: Time-of-Flight Sensor Market: Breakup by Country (in %), 2021
Figure 84: Middle East and Africa: Time-of-Flight Sensor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Global: Time-of-Flight Sensor Industry: SWOT Analysis
Figure 86: Global: Time-of-Flight Sensor Industry: Value Chain Analysis
Figure 87: Global: Time-of-Flight Sensor Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Time-of-Flight Sensor Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Time-of-Flight Sensor Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Time-of-Flight Sensor Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Time-of-Flight Sensor Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Time-of-Flight Sensor Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Time-of-Flight Sensor Market: Competitive Structure
Table 7: Global: Time-of-Flight Sensor Market: Key Players


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