World Photonic Sensors Market is Expected to Reach $18 Billion by 2021

According to a report published by Allied Market Research, titled "World Photonic Sensors - Market Opportunities and Forecasts, 2014-2021”, the World photonic sensors market, is expected to garner revenue of $18 billion by 2021, registering a CAGR of 17.7% during the forecast period (2016 - 2021). The need for enhanced safety and security solutions, better alternatives for conventional technology and increasing adoption of wireless sensing technology are factors that drive the photonic sensor market. Presently, North America dominates the world photonic sensors market owing to wide-ranging applications of photonic sensors in the region. Asia-Pacific is expected to be the fastest growing region in the world photonic sensors market, with Japan being the forerunner in the development of advanced photonic technology.

3D camera RealSense Technology

RealSense 3D camera to gain widespread adoption with many major technological enhancements.

3D camera has immense application for devices in science and industry that are dependent on capturing the 3-D shapes of scenes while in motion, such as in manufacturing automation, augmented reality, bioinformatics, and robotics. Growing demand of 3D content from entertainment industry and enhancement in 3D scanning technology are some important factors driving the market growth.

It has been almost a year since Intel's RealSense 3D depth-sensing cameras made their debut in mainstream products at CES 2015. The idea was at nascent stage when the American technology company has announced that at CES 2013, key features such as motion and voice controls under the label “perceptual computing,” will be added to its computers. After all, perceptual computing was originally intended to be a standard feature for all Intel-powered Ultrabook’s, but the customers were not bemused, as it had been only few years since Microsoft released Kinect in 2010, entirely transforming 3D imaging technology and gaming console experience. At CES 2015, the company took depth-sensing technology further by making significant technological advancements. The RealSense 3D camera offers numerous real-life applications which involve generating three-dimensional (3D) image data as in robotics and 3D printing, gaming and others.