ToF (Time-of-Flight) is a 3D sensing technology that calculates the distance and depth between objects by measuring the time of flight of light. It is a technology that recognizes the three-dimensional effect, spatial information and motion of an object by calculating the distance to the object after measuring the time of the reflected signal by sending infrared wavelengths to the object, so it is applied to Augmented Reality (AR) and Virtual Reality (VR). The ToF sensor must be driven with a Driver IC. In automotive applications, ToF can be used for autonomous driving, collision avoidance automatic braking, and OOP as depth ranging, such as lidar and smart cameras.
The Automobile ToF Driver IC industry can be broken down into several segments, dToF Driver IC, iToF Driver IC, etc.
Across the world, the major players cover Melexis, Infineon, ams, Silicon Integrated, OPNOUS, etc.
According to the new market research report “Global Automobile ToF Driver IC Market Report 2023-2029”, published by QYResearch, the global Automobile ToF Driver IC market size is projected to reach USD 0.2 billion by 2029, at a CAGR of 39.9% during the forecast period.
Figure. Global Automobile ToF Driver IC Market Size (US$ Million), 2018-2029
Figure. Global Automobile ToF Driver IC Top 5 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
The global key manufacturers of Automobile ToF Driver IC include Melexis, Silicon Integrated, Infineon, ams, OPNOUS, etc. In 2022, the global top four players had a share approximately 93.0% in terms of revenue.
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