Global Technology Report

Time of Flight Camera Market Predicts Automotive Industry to Fuel Demand Till 2022

Time of Flight Camera Market, Spurred by Wider Autonomous Vehicle Adoption, Is Expected to Exhibit Major Growth Till 2022.

A time of flight camera can be described as a camera system which is primarily used for range imaging. Time of flight sensors are used to create a 2D (or 3D) image as well as to measure the distance of various points from a particular spot. The corresponding values help in measuring the time it takes for a light signal to travel from the camera to each point of the image.

The ToF camera is classified as a scannerless LIDAR which captures the entire scene in a single instance rather than going each and every point. Time of flight technology really started to take off around 2000 due to speed improvements in semiconductor processes. Initial time of flight applications included civil projects. The main advantage that time of flight technology has going for it is that it operates faster than a 3D laser scanner. Thus, the Time of Flight Camera Market has a tremendous scope for growth during the forecast period of 2016-2022.

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Scope & Regional Forecast of the Time of Flight Camera Market

Rising adoption of digitized content is set to be the growth driver for the Time of Flight Camera Market. 3D time of camera varieties are also slowly gaining in adoption as stereo vision technology’s simplicity is attracting many industries. A couple of intriguing uses for the time of flight sensor and 3D camera is the automotive and smart building segments. 

The Time of Flight Camera Market expects time of flight imaging technology to be crucial for the automotive industry’s future. As autonomous vehicles gain wider adoption, the responsibility falls on time of flight technology to reduce road accidents and keep people safe. This is will be achieved by measuring obstacles and other vehicles via reflected illumination. The reflections are obtained through infra-red lasers.

Currently, the Time of Flight Camera Market is dominated by demand emanating from the region of North America. Digitized content is more easily accessed in this region due to wider and early adoption. In the future, Asia-Pacific is predicted to exhibit the fastest growth due to the presence of huge automotive manufacturing hubs located here.

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Segmentations & Key Players Involved in the Time of Flight Camera Market

The can be broken down into various segmentations on the basis of – 

Type: RF-modulated light sources with phase detectors, Range gated imagers and Direct Time-of-Flight imagers.

Application: Automotive, Human Interference & Gaming, Measurement & machine vision, Robotics, Earth Topography and Others.

Geographical Location: Europe, Asia-Pacific, North America and RoW (Rest of the World).

Some of the key players involved in the are as follows:

  • iris-GmbH

  • Siemens

  • Stanley Electric

  • Canesta (Acquired by Microsoft)

  • odos imaging

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* The overall market has been consolidated from the perspective of different geographic locations and key economies for this market.

* Identifies growth sectors and factors driving or constraining the market.

* The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.

* The study includes the demand of this particular market on a global and regional scale for a six year period of 2016 – 2022, to assess how the market will develop.

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