3D Display Market Type (Stereoscopic 3D Display and Autostereoscopic 3D Display), Technology (Digital Light Processing, Organic Light Emitting Diode, and Light Emitting Diode), and Application (Consumer Electronics, Automotive, Medical, Advertising, Retail, Military and Defense, and Others), And Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) — Industry Trends and Forecast (2023-2032)

The Global 3D Display Market was valued at USD 16.76 Billion in 2021 and is projected to grow at a CAGR of 27.54% percent during the forecast period. 3D display is a three-dimensional visualization that uses holographic, volumetric multi-view, and stereoscopic projection to show pictures with depth perception. It is also more commonly known as stereo display. Multiple visual experiences with 3D display technologies do not require the use of particular glasses nor viewing devices by the viewer. Users may see the 3D experience with their own eyes with these technologies.

Defense, gaming, and entertainment are three of the most common applications for 3D displays. The entertainment and media sectors' rapid expansion have a favorable influence on the 3D display industry. The number of movie theatres has risen dramatically. This is driving the growth of the market for 3D displays. Due to a rise in the amount of 3D films being made, these 3D display screens are becoming increasingly popular. The introduction of new home consoles has boosted the demand for 3D displays.

A majority of competitors in the industry now provide 3D display in TV, monitor, as well as smartphone apps. Customers are particularly concerned about pricing disparities between 3D and traditional 2D display options. Due to the high cost of auto stereoscopic technology, 3D displays are more costly than their 2D counterparts. As a result, organizations and consumers that require incredibly advanced end deliverables prefer the 3D display.

During the forecast period, 3D display applications are predicted to grow quickly. TVs, monitors, smart phones, and tablets are among the devices that may be used. The introduction of these applications will accelerate the use of 3D displays in the future. The usage of 3D display technology may be used to experience virtual reality. In the upcoming decades, it is expected that the number of smartphones and tablets will increase.

Impact of COVID-19 on Global 3D Display Market

Several assembly factories across the world have been shut down as a result of the COVID-19, particularly in the ICT sector. A drop in the purchasing power of consumers for high-end products has hampered the development efforts of several major businesses. Furthermore, the pandemic has caused further controlled examination and improvement actions, which may be inferred from the lack of workers and disruption in basic material supply.

Market Segmentation

FIGURE 2 GLOBAL 3D DISPLAY MARKET

FIGURE 1: GLOBAL 3D DISPLAY MARKET

Global 3D Display Market, By Type

Based on type, the 3D display market is bifurcated into autostereoscopic 3D display and stereoscopic 3D display. Among these segments, stereoscopic 3D display captured the largest market share in global 3D display market in 2021 and is anticipated to remain largest till the forecast period. Because of the shift in customer choice from going to the movies to watching them at home on TVs or laptops, TV makers are focusing on 3D display as a value addition to their products. These TVs provide a stronger visual effect, providing viewers with greater image clarity, vivid colors, and a feeling of depth of awareness. CEMs are attempting to place 3D-capable TVs in gadgets with high-end features

Global 3D Display Market, By Technology

Based on technology, the 3D display market is segmented into organic light emitting diode, digital light processing, and light emitting diode. Among these segments, light emitting diode (LED) captured the largest market share in global 3D display market in 2021 and is anticipated to remain largest till the forecast period. As LED panels are commonly utilized as backlighting solutions to improve image quality and reaction time. LED-based displays are being developed by a number of market companies for a variety of applications including TVs, smartphones, monitors, and head-mounted displays (HMDs), which is contributing to the growth of the 3D display market.

Global 3D Display Market, By Application

Based on application, the 3D display market is segmented into automotive, consumer electronics, medical, military & defense, advertising, retail, and others. Among these segments advertising captured the largest market share in global 3D display market in 2021 and is anticipated to remain largest till the forecast period.  The advertising segment dominated the application segment. Among these segments, advertisement captured the largest market share in global 3D display in 2021 and is anticipated to remain the largest till the forecast period.  This is due to its extensive use in the entertainment and gaming sectors for a variety of purposes, including movies, cartoons, academia, and video games. Furthermore, improvements in autostereoscopic technology and lower stereoscopic product prices are boosting the segment's growth.

Recent Developments in Global 3D Display Market

  • January 2020- Looking Glass Factory Inc. raised USD 14 million in funding in 2020.
  • June 2019- Leia Inc. teamed up with Continental, an OEM automobile supplier, to create the Natural 3D Lightfield Instrument Cluster, a revolutionary 3D cockpit lightfield display for the automobile industry.

Market Segmentation:

By Type:

  • Stereoscopic 3D Display
  • Autostereoscopic 3D Display

By Technology:

  • Digital Light Processing
  • Organic Light Emitting Diode
  • Light Emitting Diode

By Application:

  • Consumer Electronics
  • Automotive
  • Medical
  • Advertising
  • Retail
  • Military and Defense
  • Others

By Region

North America 3D Display Market

  • North America, by Country
    • US.
    • Canada
    • Mexico
  • North America, by Type
  • North America, by Technology
  • North America, by Application

Europe 3D Display Market

  • Europe, by Country
    • Germany
    • U K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Europe, by Type
  • Europe, by Technology
  • Europe, by Application

Asia Pacific 3D Display Market

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Asia Pacific, by Type
  • Asia Pacific, by Technology
  • Asia Pacific, by Application

Middle East & Africa 3D Display Market

  • Middle East & Africa, by Country
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
  • Middle East and Africa, by Type
  • Middle East and Africa, by Technology
  • Middle East and Africa, by Application

South America 3D Display Market

  • South America, by Country
    • Brazil
    • Argentina
    • Rest of South America
  • South America, by Type
  • South America, by Technology
  • South America, by Application

Major Companies: In this report, the major companies studied are Panasonic Corp., Sony Corp., LG Electronics Inc., Toshiba Corp., Samsung Electronics Corp., Sharp Corp., Fujifilm Corp., 3D fusion, 3DIcon, and Mitsubishi Electric Corp.

Objectives of this Report:

  • To estimate the market size for the global 3D Display market on a regional and global basis.
  • To identify major segments in the global 3D Display market and evaluate their market shares and demand.
  • To provide a competitive scenario for the global 3D Display market with major developments observed by the key companies in the historic years.

Key Questioned Answered in the Study:

  • What are major growth drivers and market trends that impacting on the global 3D Display market?
  • What the market size both in terms of value and volume for global 3D Display market?
  • Who are leading market players and who are the new market players that operate in the global 3D Display market with an estimated market share?
  • What are the future investment pockets and opportunity in the global 3D Display market?
  • Impact of COVID-19 on global 3D Display market.

Customization:

This study is customized to meet your specific requirements:

  • By sub-segment
  • By client-specific country, type, and application market analysis
  • Pricing analysis along with the potential list of customers
  • Product-specific competitive analysis

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