Global Time Of Flight Sensor Market Size & Outlook
The time of flight sensor industry worldwide is expected to reach a projected revenue of US$ 15,956.3 million by 2030. A compound annual growth rate of 20.1% is expected of the worldwide time of flight sensor industry from 2024 to 2030.
Revenue, 2023 (US$M)
$4,430.8
Forecast, 2030 (US$M)
$15,956.3
CAGR, 2024 - 2030
20.1%
Report Coverage
Worldwide
Global time of flight sensor market, 2018-2030 (US$M)
Global time of flight sensor market highlights
- The global time of flight sensor market generated a revenue of USD 4,430.8 million in 2023 and is expected to reach USD 15,956.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 20.1% by 2030.
- In terms of segment, direct time-of-flight sensors accounted for a revenue of USD 4,430.8 million in 2023.
- Direct Time-of-Flight Sensors is the most lucrative product type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 4,430.8 million |
| Market revenue in 2030 | USD 15,956.3 million |
| Growth rate | 20.1% (CAGR from 2023 to 2030) |
| Largest segment | Direct time-of-flight sensors |
| Fastest growing segment | Direct Time-of-Flight Sensors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Direct Time-of-Flight Sensors |
Other key industry trends
- In terms of revenue, the North America accounted for 27.6% of the global time of flight sensor market in 2023.
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Time of Flight Sensor Market Scope
Time of flight sensor market segmentation & scope
Direct Time-of-Flight Sensors
Indirect Time-of-Flight Sensors
Structured Light Time-of-Flight Sensors
Others
Display Resolution
Low Resolution
Medium Resolution
High Resolution
Ultra High Resolution
Application
AR & VR
LiDAR
Machine Vision
3D Imaging & Scanning
Robotics & Drone
End Use
Automotive
Consumer Electronics
Gaming & Entertainment
Industrial
Healthcare
Aerospace & Defense
Others
Countries
U.S.
Canada
Mexico
UK
Sweden
Spain
Norway
Italy
Germany
France
Denmark
Brazil
Argentina
UAE
South Africa
Saudi Arabia
Kuwait
China
India
Japan
South Korea
Thailand
Australia
Time of Flight Sensor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global time of flight sensor market size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
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