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3D Sensor Market worth $21.45 billion by 2032 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., July 10, 2026 /PRNewswire/ — According to MarketsandMarkets™, the 3D Sensor Market is projected to grow from USD 8.26 billion in 2026 to USD 21.45 billion by 2032, registering a CAGR of 17.2%.

Browse 190 market data Tables and 95 Figures spread through 300 Pages and in-depth TOC on ‘3D Sensor Market – Global Forecast to 2032’

3D Sensor Market Size & Forecast:

Market Size Available for Years: 2021–20322026 Market Size: USD 8.26 billion2032 Projected Market Size: USD 21.45 billionCAGR (2026–2032): 17.2%

3D Sensor Market Trends & Insights:

The growth of the 3D sensor market is being accelerated by the expansion of automated technologies and spatial data processing across industries. This leads to an increase in depth-sensing modules per individual device. As resolution requirements increase and device architectures become compact, traditional stereoscopic vision approaches are being replaced. Manufacturers are adopting advanced technologies such as vertical cavity surface emitting laser (VCSEL) arrays, time of flight (ToF) modules, and backside illuminated (BSI) architectures. This technological transition expands the overall market value. Emerging applications include autonomous vehicles, artificial intelligence integration, medical diagnostics, and smart manufacturing.By type, the image sensor segment is estimated to lead the market during the forecast period.By technology, the time of flight segment is projected to grow at the fastest CAGR of 18.6% during the forecast period.By application, the object detection & tracking segment is set to lead the market.By region, North America is set to dominate the market, growing at a CAGR of 17.3% during the forecast period.

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The 3D sensor market is also growing due to the deployment of security and surveillance infrastructure. These systems require continuous spatial depth data capture for accurate monitoring and threat detection. The integration of advanced medical diagnostic equipment is further driving component demand. The medical industry requires high-resolution volumetric processing for accurate patient diagnostics and endoscopic navigation. Additionally, the development of automotive automation creates a requirement for accurate environmental perception. These automotive technologies include advanced driver assistance systems (ADAS) and autonomous vehicle navigation. The industry of machine vision and robotics in industrial environments also contributes to the demand for imaging solutions. In these manufacturing settings, automated systems are dependent on visual and spatial data for continuous inspection and assembly operations.

The market is witnessing increased focus on power-efficient and cost-effective components, including time of flight (ToF) and structured light sensor architectures. There is also a shift toward multifunctional sensors that combine spatial depth visualization with integrated processing properties, such as edge artificial intelligence logic and object mapping. Advancements in emitter technology, including the use of vertical cavity surface emitting laser (VCSEL) arrays and smaller pixel pitches, are enhancing depth accuracy while reducing overall component size. Furthermore, customized, application-specific sensor designs are gaining traction as manufacturers seek to optimize spatial data capture for specific ambient lighting conditions and industrial operating environments.

The image sensor segment is expected to dominate the market, by type, during the forecast year.

The image sensor is expected to dominate the 3D sensor market due to the increasing requirement for accurate spatial data capture, where pixel arrays and depth processing capabilities integrate directly into standalone or integrated digital equipment. This configuration makes electronic devices highly efficient in terms of volumetric rendering and environmental mapping speed. Additionally, complex product integration, such as facial recognition smartphones and autonomous vehicle navigation systems, creates a need for real-time tracking that operates reliably in variable lighting conditions. Industries such as consumer electronics, automotive, and industrial automation depend heavily on 3D image sensors to perform precise object recognition and biometric security. As a result, specific hardware architectures, such as time of flight (ToF) and structured light image sensors, are widely adopted. This widespread adoption drives the segment’s market dominance.

The Time of Flight is expected to dominate the 3D sensor market, by Technology, in 2025.

Time of Flight (ToF) is expected to dominate the 3D sensor market due to its wide application range and integration with standard machine vision systems. These sensors capture a complete 3D field of view in a single exposure. This operational function makes them applicable for industrial automation where continuous quality inspection is required. Their capacity to process spatial depth data across variable lighting conditions supports their adoption in consumer electronics and automotive safety applications. Additionally, these sensor technology architectures align with standard semiconductor fabrication processes. This structural compatibility allows for volume production and direct integration into compact electronic devices. As requirements for spatial data capture increase in manufacturing robotics and autonomous systems, Time of Flight sensors provide a functional and scalable hardware solution.

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The automotive industry is projected to grow at the fastest CAGR during the forecast period.

The automotive industry is projected to be the fastest-growing segment in the 3D sensor industry due to the rapid deployment of advanced driver assistance systems (ADAS) and self-driving technologies. Modern vehicle designs require continuous spatial awareness and precise environmental detection to maintain passenger safety. Manufacturers integrate advanced 3D sensors, such as solid-state LiDAR and Time of Flight (ToF) modules, into vehicles for surround view mapping, obstacle detection, and driver monitoring systems. These hardware components process distance coordinates rapidly in complex conditions. This capability allows vehicle electronic control units to execute automated steering and brake decisions safely. Additionally, tightening safety compliance mandates worldwide accelerate the installation of depth sensing modules per vehicle, driving sustained growth across the automotive sector.

Key Players

Leading players in the global 3D sensor companies include Infineon Technologies AG (Germany), Microchip Technology Inc. (US), Sony Group Corporation (Japan), STMicroelectronics (Switzerland), KEYENCE CORPORATION (Japan), OMNIVISION (US), Qualcomm (US), ifm electronic gmbh (Germany), LMI TECHNOLOGIES INC. (Canada), and ams-OSRAM AG (Austria), among others.

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About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

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AMETEK Declares Quarterly Dividend

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BERWYN, Pa., Nov. 6, 2026 /PRNewswire/ — The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.34 per share for the fourth quarter ending December 31, 2026.

This fourth quarter dividend is payable December 18, 2026 to shareholders of record as of December 4, 2026.

Corporate Profile:
AMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annualized sales of approximately $9.0 billion. The AMETEK Growth Model integrates the Four Growth Strategies – Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions – with a disciplined focus on cash generation and capital deployment. AMETEK’s objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. Founded in 1930, AMETEK has been listed on the NYSE for over 95 years and is a component of the S&P 500. For more information, visit www.ametek.com.

Contact:
Kevin Coleman
Vice President, Investor Relations and Treasurer
kevin.coleman@ametek.com
Phone: 610.889.5247 

View original content:https://www.prnewswire.com/news-releases/ametek-declares-quarterly-dividend-302931168.html

SOURCE AMETEK, Inc.

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EchoPark Automotive Teams Up with Owen Wilson for Its Largest Campaign

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Campaign launches Nov. 8 during NFL broadcasts, bringing “Every Car, Happy Owner” to more shoppers

CHARLOTTE, N.C., Nov. 6, 2026 /PRNewswire/ — EchoPark Automotive is teaming up with Owen Wilson as its new spokesperson for the largest single-brand marketing investment in its history, launching Nov. 8 during Sunday NFL broadcasts in EchoPark markets.

The campaign follows Wilson through the familiar frustrations of buying and selling a car before he discovers EchoPark’s approach: quality vehicles, compelling value, and a happier experience. New store advertising features Wilson celebrating grand openings with a confetti cannon, bringing the brand’s “Every Car, Happy Owner” promise to new communities.

“The idea of getting a good car at a fair price hits me right here,” said Wilson, pointing to his heart. “I’ve definitely found the car-buying experience stressful in the past. EchoPark is about great cars, at great prices, sold by really great people. So, I’m excited and revved up to bring this campaign to life.”

Every EchoPark vehicle undergoes a 190-point inspection, more inspection points than leading national competitors. Vehicles are typically priced up to $3,000 below the competition, while offers to purchase guests’ cars can be up to $2,000 higher than competing offers.

Ninety-three percent of EchoPark’s customer reviews are five-star, the highest proportion of any national vehicle retailer. That record supports the brand’s promise of the Best Car Buying Experience in America. Each guest works with a dedicated Experience Guide throughout the purchase, with clear vehicle pricing and no haggling.

“We have built a brand that delivers outstanding cars, exceptional value, and an experience our guests overwhelmingly recommend,” said David B. Smith, Chairman and Chief Executive Officer of Sonic Automotive, EchoPark’s parent company. “Now we need more people to know what they’re missing.”

EchoPark’s research shows only about 15% of shoppers know the brand. After learning about its quality, value, and guest experience, shoppers show a 14X increase in consideration, putting EchoPark among the top retail brands they would choose for their next vehicle purchase. Research involving more than 2,000 in-market consumers also found positive responses to EchoPark’s message, offering, and Wilson as spokesperson.

“Owen gives more people a reason to discover EchoPark. Our job is to make sure they’re glad they did,” said Jeff Dyke, President of Sonic Automotive. “That means a great car, a fair price, and teammates who make buying easier. That’s how we deliver on ‘Every Car, Happy Owner.'”

The campaign spans television, streaming, online video, social media, digital display, streaming audio and outdoor advertising, including YouTube, Amazon streaming platforms, paid social and billboards in participating markets. It connects shoppers with EchoPark’s inventory and vehicle offers through its website, new mobile app and local stores.

Watch the inflatable salesmen and confetti cannon spots, plus the behind-the-scenes video here.

A new app and a new market

EchoPark’s new mobile app brings another way to shop. Its Car Spotter visual search feature lets users photograph a vehicle and find similar options among EchoPark’s inventory of over 5,000 vehicles. A service locator connects owners with nearby Sonic Automotive-owned dealerships for service. The app is available through Apple’s App Store and Google Play.

EchoPark will enter Orlando this December, its 15th market, bringing its quality, value, and guest experience to Central Florida. The brand currently serves Atlanta, Birmingham, Charlotte, Colorado Springs, Dallas, Denver, Houston, Las Vegas, Nashville, Phoenix, Raleigh, Sacramento, San Antonio and St. Louis, with two locations each in Denver, Houston and San Antonio.

Watch the campaign on EchoPark’s YouTube and social channels. To find your next car or get an offer for your current vehicle, visit EchoPark.com.

About EchoPark Automotive

EchoPark Automotive, a subsidiary of Sonic Automotive, Inc. (NYSE: SAH), offers high-quality pre-owned vehicles through a guest experience built around compelling value and personal service. Learn more at EchoPark.com.

About Sonic Automotive

For more than 60 years, Sonic Automotive has pursued a purpose of fulfilling dreams, enriching lives and delivering happiness for guests and teammates. Founded in 1966 by Bruton Smith, the Fortune 300 company is led by Chairman and CEO David B. Smith.

More than 11,000 teammates serve guests across 174 automotive and powersports franchises in 146 locations, 90 cities and 20 states, representing 24 automotive and 15 powersports brands. The company has helped more than 7 million guests purchase vehicles, delivered over 40 million service experiences and earned more than 1 million 5-star reviews.

Sonic Automotive was the only automotive and powersports retailer recognized by Newsweek as one of America’s Most Trustworthy Companies in 2026. Its mission is to innovate, lead with integrity and create exceptional experiences that inspire confidence, build lifelong relationships and positively impact every life it touches.

Sonic Automotive. Driven By People. Inspired By Purpose. Learn more at www.sonicautomotive.com and ir.sonicautomotive.com.

Press inquiries
Sonic Automotive Media Relations
media.relations@sonicautomotive.com

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SOURCE Sonic Automotive

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FIRST BANK EXPANDS CHARLOTTE PRESENCE WITH NEW SOUTHPARK BRANCH AND OFFICE

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Strategic investment strengthens First Bank’s presence and supports growth in the Charlotte market

CHARLOTTE, N.C., Nov. 6, 2026 /PRNewswire/ — First Bank, a subsidiary of First Bancorp (NASDAQ: FBNC), announced the opening of its new SouthPark branch and office, marking an important milestone for the bank and a significant investment in its continued growth in Charlotte.

“Charlotte has been an important part of First Bank’s growth, and our investment in SouthPark reflects our long-term commitment to this market,” said Adam Currie, CEO of First Bank. “We’ve assembled an exceptional team here and built strong relationships with the clients and communities we serve. This new location gives our team greater resources to serve our clients, pursue new opportunities and strengthen our position in the market.”

That momentum is backed by strong financial performance and national recognition. In 2026, First Bank was named to Forbes’ inaugural list of the World’s Top Performing Banks, which evaluates financial institutions using objective measures including profitability, growth and earnings quality, capital and funding resilience, and asset quality and efficiency. Earlier in the year, First Bank was ranked No. 14 among U.S. public banks with more than $10 billion in assets by S&P Global Market Intelligence, based on 2025 financial performance across measures of growth, profitability, safety and soundness.

“SouthPark represents an exciting next step for our team and the clients we serve,” said Andrew Griffin, SVP, Regional Executive for Charlotte. “We bring deep experience in this market and a commitment to understanding each client’s needs and delivering the right solutions. This new space allows us to elevate that experience while continuing to build lasting relationships across the region.”

The SouthPark location will offer a comprehensive range of financial services, including commercial and business banking, personal banking, lending and wealth management solutions. The expanded office space will also support First Bank associates serving clients across the Charlotte market. SouthPark reflects the continued evolution of First Bank, pairing a strong regional presence with the people, expertise and resources to serve a growing market well into the future.

About First Bank
First Bank is the banking subsidiary of First Bancorp and is headquartered in Southern Pines, North Carolina, with total assets of approximately $13.2 billion. As a state-chartered community-focused bank, First Bank operates 113 bank branches in North Carolina and South Carolina. Since 1935, First Bank has taken a tailored approach to banking, combining best-in-class financial solutions and helpful local expertise to help customers achieve their dreams. First Bancorp’s common stock is traded on the NASDAQ Global Select Market under the symbol “FBNC.” Visit www.LocalFirstBank.com to learn more. Member FDIC, Equal Housing Lender.

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SOURCE First Bank

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