Dan's Biz Bookshelf: 'Revenge of the Tipping Point'
Marcy's Musings: Engineering Economics
Punching Out: Should You Sell Your Company to a Private Equity Firm?
Market Value of Consumer Electronics 3D Sensing VCSEL Forecast to Soar to US$1.404 Billion by 2028
January 12, 2024 | TrendForceEstimated reading time: 1 minute
TrendForce’s latest report, “TrendForce 2024 Infrared Sensing Application Market and Branding Strategies” reveals a market decline for consumer electronics 3D sensing VCSEL in 2023 to US$847 million. This downturn has been attributed to a weak consumer market and pricing pressure.
Major brands incorporating 3D sensing in their 2023 consumer electronics include Apple (smartphones and tablets), Honor (smartphones), Meta Quest 3, and Magic Leap 2. The iPhone 15 Pro, featuring Sony’s stacked technology, integrates VCSEL/drive IC and SPAD/ISP (ASIC chips) in a compact stack. This not only reduces system size but also enhances the performance of LiDAR scanners at the same power level—extending battery life and improving camera and AR functionalities.
Major Apple developments include the adoption of MetaLenses in 2024 to minimize the size of transmitters. Furthermore, the company intends to implement under-display 3D sensing by 2027 to increase display-screen ratios. This technology, using short-wave infrared (SWIR) VCSEL, reduces interference from sunlight and ambient light while mitigating white spot phenomena. The adoption of SWIR VCSEL is expected to drive VCSEL prices up. TrendForce research indicates that ams OSRAM’s 1,130nm VCSEL demonstrates superior performance by achieving PCE>30% in 2H23.
The upcoming 2024 launch of the Apple Vision Pro, equipped with a trio of cutting-edge 3D sensing technologies—Structured Light, Direct Time of Flight (dToF), and Active Stereo Vision—is poised to significantly propel the 3D sensing market. This growth trajectory is further bolstered by the sustained introduction of AR and VR products from tech giants like Sony, Meta, Microsoft, and Google. As a result, the market value of consumer electronics 3D sensing VCSEL is forecast to reach US$1.404 billion by 2028, with an estimated CAGR of approximately 11% from 2023 to 2028.
Share on:
Suggested Items
Deutsche Aircraft Selects Honeywell to Provide High Frequency Radio System for the D328eco
11/21/2024 | HoneywellHoneywell has been selected by Deutsche Aircraft, a German aircraft manufacturer, to supply its Primus HF-1050 high-frequency (HF) radio system for the recently debuted 40-seater D328eco turboprop.
RTX's Pratt & Whitney and WZL2 Sign Letter of Intent for F100 Sustainment Work in Poland
11/21/2024 | RTXPratt & Whitney, an RTX business, signed a letter of intent with Wojskowe Zaklady Lotnicze Nr. 2 S.A., also known as WZL2, to explore expanded maintenance repair and overhaul capabilities for increased Polish Air Force needs.
Nano Dimension Posts Revenue of Revenue $14.9M in Q3 2024; Up 22% YoY
11/20/2024 | Nano DimensionNano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions, today announced financial results for the third quarter ended September 30th , 2024 and shared a letter from Yoav Stern, the Company’s Chief Executive Officer and member of the Board of Directors.
Global Semiconductor Manufacturing Industry Records Strong Growth in Q3 2024
11/20/2024 | SEMIThe global semiconductor manufacturing industry in the third quarter of 2024 showed strong momentum with all key industry indicators performing positive quarter-on-quarter (QoQ) increases for the first time in two years.
Eltek Reports Q3 2024 Financial Results
11/20/2024 | PRNewswireEltek Ltd., a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended September 30, 2024.