The Time of Flight Sensor Market size was valued at USD 3.2 billion in 2022 and is expected to grow to USD 11.9 billion by 2030 and grow at a CAGR of 17.9% over the forecast period of 2023-2030.

Time-of-flight sensors are becoming more and more in demand because of their use in digital cameras, PC projectors, smart speakers, cellphones, tablets, and home robots. Nevertheless, gadgets related to the gaming and entertainment sectors are not included in this category. In addition to measuring volume and distance, a ToF camera sensor may perform reactive altimeters, gesture recognition, obstacle avoidance, indoor navigation, object tracking, and object scanning.

ToF sensors are used in smartphones for a number of functions, such as movement tracking, cameras, biometric security (especially facial recognition), and others. The smartphone photography is improved using ToF sensors. It is utilized in mobile devices for photographic functions including autofocus and blurring effects, and it allows the camera to record objects, backgrounds, and human body parts in motion. Additionally, it offers a striking special effect, especially in scenes with lots of activity.

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