Groups Feed

North America 3D Sensor Market Forecast (2017–2023): A Technological Evolution

The 3D sensor market in North America has experienced significant growth between 2017 and 2023, driven by advancements in technology and increasing demand across various industries. This period marked a transformative phase for 3D sensing technologies, with notable developments in sensor types such as image sensors, accelerometers, and acoustic sensors.

Market Overview

In 2017, the North American 3D sensor market was valued at approximately $47.6 million for image sensors, $28.7 million for accelerometer sensors, and $33.0 million for acoustic sensors. By 2023, these figures had risen substantially, with image sensors reaching $159.9 million, accelerometer sensors at $89.4 million, and acoustic sensors at $96.1 million. This growth reflects a compound annual growth rate (CAGR) of 22.4% for image sensors over the forecast period from 2018 to 2023.

Key Drivers of Growth

Bank Kiosk Market Overview

The bank kiosk market refers to the deployment of self-service banking terminals that allow customers to perform financial transactions without the need for a teller. These kiosks typically offer services such as cash deposits and withdrawals, check processing, account inquiries, fund transfers, loan applications, bill payments, and other banking services.

Bank kiosks are becoming increasingly popular due to their ability to reduce operational costs, improve customer experience, and extend banking services to remote or underserved areas. They also support digital transformation initiatives within the banking sector.

Market Size and Growth

The global bank kiosk market has been growing steadily, with increasing adoption in urban, semi-urban, and rural areas. Growth is driven by:

• Expansion of retail banking services

Welcome to our group Colfax Greenway Trail Group! A space for us to connect and share with each other. Start by posting your thoughts, sharing media, or creating a poll.