Connect with us

Technology

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

Published

on

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.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=248537071

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.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=248537071

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.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=248537071

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

See More Latest Semiconductor Reports:

Digital Twin in Entertainment Market by Offering (Software, Services), Application (Film & TV Production, Gaming & Esports, Live Events & Concerts, Theme Parks & Attractions, Virtual Influencers & Digital Humans), and Region – Global Forecast to 2032

Humanoid Robot Market by Type (Biped, Wheel-drive), Component (Linear & Rotary Actuators, Motors, Cameras & Vision Sensors, Harmonic & Planetary Reducers, Encoders, Accelerometers, Torque Sensors, Motion & Joint Controllers) – Global Forecast to 2035

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.

MarketsandMarkets™ SalesPlay is an AI-driven Revenue Intelligence Co-Pilot designed to help revenue teams prioritize the right accounts, identify critical changes early, and surface opportunities ahead of demand, so pipeline builds naturally and deals close with greater consistency.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/3d-sensors-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/3d-sensors.asp

View original content to download multimedia:https://www.prnewswire.com/news-releases/3d-sensor-market-worth-21-45-billion-by-2032—exclusive-report-by-marketsandmarkets-302822604.html

SOURCE MarketsandMarkets

Continue Reading

Technology

Lightyear Announces Winners of 2026 Luminaries of Telecom Awards

Published

on

By

NEW YORK, Nov. 6, 2026 /PRNewswire/ — Lightyear, Telecom’s System of Action, today announced the winners of its fourth annual Luminaries of Telecom Awards, recognizing the people, teams, and organizations driving innovation and transformation across enterprise telecom.

For the first time, the awards were presented live at Layer8 by Lightyear, the company’s inaugural one-day industry event held in NYC on November 4, 2026. This year’s program recognized enterprise leaders and teams across four categories:

Platform ExcellenceAI TrailblazerDream TeamTransformation of the Year

The 2026 Luminaries Awards celebrate the individuals and organizations pushing the boundaries of what’s possible in telecom, from embracing AI-driven operations to transforming network procurement, telecom management, and collaboration.

2026 Award Recipients

Platform Excellence

Recognizing individuals who demonstrate exceptional use of the Lightyear platform through rapid implementation, innovative application, and measurable business impact.

Winners:

Motorola Solutions: Nicole Pagliaro-Mojica, Sr. Manager I, IT Network Business Operations, Telecom Services; Yader Rodriguez, Network Engineer; and Tina Covert, Network & Telecom Sr. Project ManagerRise Internet: Duane Zechmann, Field Engineering Manager

AI Trailblazer

Celebrating the forward-thinking leaders putting agentic AI to work in network operations to streamline processes, improve efficiency, and deliver meaningful business outcomes.

Winners:

The Trade Desk: Aftab Ali, Head of Infrastructure BizOps, and Kazuma Nagatori, Lead Staff Network EngineerElauwit Connection: Taylor Jones, President and CTO

Dream Team

Recognizing IT teams that exemplify exceptional collaboration, leveraging technology and strategic processes to work more effectively and deliver stronger outcomes across their organizations.

Winners:

FactSet: Umer Malik, Associate Director of Data Centers and Network Operations

Transformation of the Year

Honoring organizations that have leveraged Lightyear to fundamentally transform their network infrastructure while establishing best-in-class approaches to telecom procurement and vendor management.

Winners:

Honeywell Aerospace: Todd Stewart, Vice President of Network, Infrastructure, Computing, and SupportSolstice Advanced Materials: Bryan Adcock, Senior Strategic Sourcing Manager of Global IT Procurement and Steve Delatte, IT Director

Celebrating the People Moving Telecom Forward

“Telecom is at an inflection point. AI is changing what’s possible in network operations, but successful transformation still comes down to the people willing to challenge the status quo and rethink how things have always been done,” said Dennis Thankachan, CEO and Co-Founder of Lightyear. “This year’s Luminaries represent exactly that mindset. They’re not just adopting new technology; they’re putting it to work to drive real change across their organizations. We’re proud to be a part of their journeys and even more excited about what’s ahead for this industry.”

Lightyear congratulates all of this year’s winners and finalists and extends its sincere appreciation to the judging panel and event hosts for their time, expertise, and contributions to the program.

Congratulations to the 2026 Luminaries. We’ll see you next year!

About Lightyear

Lightyear helps more than 450 enterprises procure, manage, and pay for telecom services through one connected platform. Its Procurement, Network Inventory Management, and Expense Management products combine software, AI agents, proprietary data from 1,200+ carriers, and telecom experts to reduce costs, save time, and maintain control across the service lifecycle.

Media Contact

Caroline Colwell
caroline@lightyear.ai

View original content to download multimedia:https://www.prnewswire.com/news-releases/lightyear-announces-winners-of-2026-luminaries-of-telecom-awards-302932233.html

SOURCE Lightyear

Continue Reading

Technology

John Summit Brings Experts Only to Big Sky for Two Headline Shows, March 13-14, 2027

Published

on

By

Event marks Montana debut for John Summit and the exclusive Experts Only ski weekender in the U.S. in 2027

BIG SKY, Mont., Nov. 6, 2026 /PRNewswire/ — Outlaw Partners is pleased to announce that Experts Only is heading to Big Sky. John Summit Presents Experts Only Big Sky will take over the Big Sky Events Arena for two headline shows on Saturday, March 13 and Sunday, March 14, 2027. It will be John Summit’s first time performing in Montana and the only Experts Only ski weekender in the U.S. in 2027.

Presented by Experts Only and produced by Outlaw Partners, the weekend will bring together some of the world’s best DJs, live music, skiing, wellness activities, and more, all in one of the most spectacular mountain settings in North America. The Big Sky Events Arena sits in Big Sky’s Town Center, with the 11,166-foot Lone Mountain as the backdrop.

“We’re honored to partner with John Summit and the Experts Only team to bring this incredible electronic music and ski lifestyle event to Big Sky,” said Megan Paulson, Co-Founder and Chief Marketing Officer of Outlaw Partners. “The caliber of John and the Experts Only artists, set against a one-of-a-kind mountain backdrop and the ski lifestyle that defines Big Sky, makes this a weekend fans will not want to miss. It’s a once-in-a-lifetime experience, and we can’t wait to share it.”

“I’ve always wanted to go to Montana and throw an event there as I’ve only heard amazing things,” said John Summit. “Big Sky has been on our radar for a while so it was a no-brainer to bring Experts Only there. You know we’ll go all out as we always do with parties all over the mountain, It’s gonna be a fun one!”

Big Sky is an iconic location, and John Summit has become an icon in his craft. Together they promise a landmark weekend. With no mainstream festivals on John Summit’s 2027 schedule, the Big Sky stop will be a unique opportunity to see him.

Tickets include GA, VIP and VVIP options, and fans are expected to travel from around the country for the weekend. Demand is expected to be high and tickets are expected to sell out, so fans are encouraged to secure them early for the best access.

Early Access presale: Experts Only Big Sky presale tickets on Tuesday, November 10 at 10 a.m. MT.Public on-sale: Tickets go on sale to the general public on Wednesday, November 11 at 10 a.m. MT.

To register for presale ticket access visit – expertsonly.lnk.to/skiweekenders2027. Stay tuned for more event updates and information in the coming months.

About John Summit

John Summit is one of the most in-demand names in global dance music. The superstar DJ, producer, and label owner has amassed over three billion global streams, scored two #1 U.S. dance radio hits, and landed eleven Top 10 tracks on the Billboard Hot Electronic/Dance Songs chart. Known for his explosive live shows, Summit consistently sells out iconic venues worldwide, including New York City’s Madison Square Garden and Los Angeles’ Coliseum.

His global ascent shows no signs of slowing. From his debut Ibiza residency, headlining nine Mondays at [UNVRS], to a hometown headline set at Lollapalooza, he continues to command stages worldwide. Behind the scenes, Summit is a meticulous and thoughtful artist. Formerly a CPA by day and music tutor by night, he now spends long hours in the studio crafting dynamic, emotionally resonant tracks. He has headlined festivals around the world and produced unforgettable events in unique locations — from the hills of Tennessee to snowy takeovers in Vail, Colorado, and Tahoe, Nevada — all under the banner of his label and brand, Experts Only. Founded in pursuit of complete creative freedom, Experts Only is a global movement built on the principle of music without limits — blending house, techno, melodic, and everything in between. Summit’s global hits like “Where You Are” (feat. HAYLA), “Human” (feat. Echoes), and “Go Back” with Sub Focus (feat. Julia Church) reflect that ethos. In September 2026, the Chicago native turned Miami resident brought his groundbreaking Experts Only Festival back to New York for its second edition, drawing 60,000 fans to Randall’s Island for two days of high-octane performances.

He released his debut album Comfort In Chaos in 2024. Exploring themes of vice and virtue, highs and lows, and the duality of the human experience, the album reveals the man behind the icon, pairing Summit’s signature dancefloor energy with raw emotion and introspection. Building on this duality, Summit released his subsequent album CTRL ESCAPE on April 15th – reframing that tension through a new lens: the clash between 9–5 monotony and the electric release of the rave. Sonically and visually tracing Summit’s path from accountant to artist, the project positions music not just as an escape, but as a communal force—where collective euphoria becomes both rebellion and belonging. His impact on dance music has earned him nominations at the Billboard Music Awards, American Music Awards, and iHeartRadio Music Awards. He is now gearing up for his biggest headline run to date, the North American CTRL ESCAPE arena tour, further cementing his status as one of the few dance artists to achieve arena-level success.

About Experts Only

Experts Only is more than a record label—it’s a global movement born from John Summit’s pursuit of total creative freedom. Founded on the ethos of music without limits, Experts Only refuses to be boxed in, embracing a bold, genre-defying sound that spans house, techno, melodic, and everything in between. Since its inception, the label has become a platform for fearless artistry, showcasing standout releases from cutting-edge talents like Mau P, Kaskade, Odd Mob, Layton Giordani, Cassian, Max Styler, and Summit himself.

But Experts Only goes far beyond the studio. It’s reshaping the idea of a live dance-music experience, hosting unforgettable events in unlikely settings—from cave raves tucked in the Tennessee hills to snowy mountain takeovers in Vail, Colorado and Tahoe, Nevada, all the way to the lush jungles of Tulum. The brand has scaled internationally to places like Ibiza and Amsterdam, where few American DJs have made such an impact, and has made its mark on major festivals like Bonnaroo with its own curated stage. Experts Only wrapped its second annual festival on NYC’s Randall’s Island this year, following its 2025 debut and drawing more than 60K fans. The label was also named Label of the Year at the 2025 Powertools Awards on SiriusXM.

At its core, Experts Only is building a tightly connected global community—artists and fans united by a love of dance music that challenges the norm and hits deeper. Every release, every event, and every experience is a testament to the label’s mission: to push boundaries, set trends, and create a world where true creative expression reigns.

About Outlaw Partners

Founded in 2009, Outlaw Partners is an award-winning events, media and marketing company based in Big Sky and Bozeman, Montana. Outlaw is a passport to the Western lifestyle, building connections, creating experiences and inspiring action across its diverse business ecosystem.

Outlaw produces hand-curated events throughout Southwest Montana, including the 12x national event-of-the-year Big Sky PBR (Professional Bull Riding), community rodeos and more. Its seventh annual Wildlands Music, held at the Big Sky Events Arena with 11,166-foot Lone Peak as its backdrop, has grown into one of the region’s signature live music experiences, hosting artists including Carrie Underwood, Dave Matthews, Foo Fighters, Brandi Carlile, Riley Green and Lord Huron, among others.

Outlaw’s award-winning media portfolio, including Mountain Outlaw magazine, Explore Big Sky and Explore Yellowstone, tells the stories of the American West. Through events and media, Outlaw supports community organizations and creates experiences and content that capture the unique spirit of Montana and the greater Yellowstone.

View original content:https://www.prnewswire.com/news-releases/john-summit-brings-experts-only-to-big-sky-for-two-headline-shows-march-13-14-2027-302932256.html

SOURCE Outlaw Partners

Continue Reading

Technology

PG&E Corporation Foundation Awards $327,500 in STEM College Scholarships

Published

on

By

Celebrating National STEM Day on Nov. 8 by Helping Students Pursue STEM Careers

Link to B-roll video and soundbites of STEM recipients

OAKLAND, Calif., Nov. 6, 2026 /PRNewswire/ — The PG&E Corporation Foundation (PG&E Foundation) awarded $327,500 in scholarships to dozens of students pursuing degrees in science, technology, engineering and math (STEM) at colleges and universities across California and Historically Black Colleges and Universities (HBCUs) nationwide.

As communities celebrate National STEM Day on Nov. 8, the PG&E Foundation reaffirms its commitment to building tomorrow’s workforce through investments in STEM education and scholarships.

This year, scholarships in the amounts of $2,500, $5,000 and $10,000 are being granted to 57 students from across Pacific Gas and Electric Company’s (PG&E) service area through the program.

Since 2012, the Better Together STEM Scholarship Program has awarded nearly $8 million to accomplished students. This contribution is funded by PG&E shareholders and is not recovered through customer rates.

By investing in STEM education, the Foundation helps inspire curiosity, creativity, and innovation while empowering students to develop solutions and technologies that can make a positive impact in their hometown communities and beyond.

Scholarship recipients include Quennel Kempe of Fresno and Caden Kelly of Shingle Springs. Both students attend UC Berkeley. Kempe received a $5,000 scholarship and Kelly received a $2,500 scholarship.

“Receiving the PG&E STEM Scholarship shows me that my community believes in me. The financial assistance and encouragement give me the confidence to achieve my goals and make a greater impact in the future,” said Kempe, who is studying computer science. 

“The PG&E STEM Scholarship has given me the freedom to focus fully on my education without the added stress of financial challenges. It also serves as a reminder of the values I want to carry forward, using my education to give back to my community, supporting others and helping make STEM opportunities more accessible for future generations,” said Kelly who is studying electrical engineering.

Scholarships are based on academic achievement, demonstrated participation and leadership in school and community activities, and financial need. Recipients may reapply annually for up to five years.

Watch PG&E’s video series of past STEM scholar recipients.

“We hope these students discover a path in science, technology, engineering, and math that not only leads to new innovations and breakthroughs but also brings them fulfillment and a sense of purpose. We are proud to support them on their journey as they pursue their higher education goals and dreams,” said Carla Peterman, President, PG&E Corporation, and Chair of The PG&E Corporation Foundation Board.

Scholarship recipients must plan to enroll in full-time undergraduate study for the entire 2026-2027 academic year and pursue their first undergraduate degree at an accredited four-year institution in California. HBCU eligibility was recently added after an increasing number of applicants were admitted to historically Black colleges and universities, none of which are in California.

Employees Supporting Local Scholars

In addition to the Better Together STEM Scholarship Program, PG&E’s 11 employee resource groups (ERGs) and three engineering networking groups (ENGs) award scholarships to help offset the cost of higher education. The funds are raised entirely from employee contributions through direct donations, fundraising events and the company’s employee giving program known as Campaign for the Community. Since 1989, more than $6 million ERG/ENG Scholarships has been raised and awarded to thousands of our hometown students.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit www.pge.com/ and http://www.pge.com/about/newsroom/.

About The PG&E Corporation Foundation
The PG&E Corporation Foundation is an independent 501(c)(3) nonprofit organization, separate from PG&E and sponsored by PG&E Corporation.

View original content to download multimedia:https://www.prnewswire.com/news-releases/pge-corporation-foundation-awards-327-500-in-stem-college-scholarships-302932238.html

SOURCE Pacific Gas and Electric Company

Continue Reading

Trending