Time-of-Flight 3D sensing technology which is able to resolve distance between the camera and an object for each point of the scanned image, by measuring the time between emission of a light signal provided by a laser (VCSEL) and detection of the reflected signal. Measurement can be achieved via a direct (dToF) or an indirect (iToF) method requiring different sensing systems.
The time of flight (ToF) sensors market is very concentrated market; key players include STMicroelectronics, Sony, Ams AG, PMD Technologies, Texas Instruments, Melexis, Infineon, Panasonic, TDK Corporation, Silicon Integrated, OPNOUS. The revenue of top 2 manufacturers accounts about 78% of the total revenue. The high-end products mainly come from Europe and Japan.

Market Analysis and Insights: Global Time of Flight (ToF) Sensors Market
The global Time of Flight (ToF) Sensors market was valued at US$ 1014.6 million in 2020 and it is expected to reach US$ 3397.4 million by the end of 2027, growing at a CAGR of 18.9% during 2021-2027.

Global Time of Flight (ToF) Sensors Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Time of Flight (ToF) Sensors Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Direct ToF Sensors
Indirect ToF Sensors

Segment by Application
Mobile Handsets
Industrial Automation
Security and Surveillance
Automotive

By Company
STMicroelectronics
Sony
Ams AG
PMD Technologies
Texas Instruments
Melexis
Infineon
Panasonic
TDK Corporation
Silicon Integrated
OPNOUS

Production by Region
North America
Europe
Japan
China

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE