Lucintel Forecasts The Global Tof Ranging Sensor Market To Grow With A Cagr Of 21.7% From 2024 To 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global ToF ranging sensor market looks promising with opportunities in the automotive, industrial, healthcare, and entertainment markets. The global ToF ranging sensor market is expected to grow with a CAGR of 21.7% from 2024 to 2030. The major drivers for this market are the growing demand for gesture recognition and proximity sensing in consumer electronics, expanding applications in industrial automation, and increasing adoption of time-of-flight (ToF) sensors in automotive safety systems.
A more than 150-page report to understand trends, opportunity and forecast in global ToF ranging sensor market to 2030 by type (continuous wave ToF and gate ToF), application (automotive, industrial, healthcare, entertainment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category continuous wave ToF is expected to witness higher growth over the forecast period.
Within the application category, automotive is expected to witness the highest growth.
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... on ToF ranging sensor market.
In terms of regions, North America is expected to witness the highest growth over the forecast period.
STMicroelectronics, Hypersen Technologies, Adafruit, Terabee, Dfrobot, Dragino, Daoki, Tinytronics, RP Electronics, Waveshare are the major suppliers in the ToF ranging sensor market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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