3D Display Market- Emerging Trends & Global Industry Forecast to 2026
The 3D display market report encompasses an in-depth analysis of the business space in question. All the growth facilitators responsible for furling the revenue scope of this industry are mentioned in the study in conjunction with the competitive and geographical trends characterizing this business. Some of the very pivotal parameters encompassed in the report fall along the lines of industry segmentation, industry ecosystem analysis, vendor matrix, and industry insights.
Global 3D display market size is anticipated to expand at a considerable pace in the coming years, owing to the rapid integration of AR (augmented reality) in air traffic controls across the globe.
3D visualization plays a major role in delivering accurate data and improving the awareness of aircraft position and landmark space. Escalating adoption of IVI (In-Vehicle-Infotainment) and digital instrument clusters will contribute to the rising popularity of 3D display technology worldwide. Various companies are integrating this technology on the dashboard to improve user interface, increase safety, as well as drive experience, which in turn, will foster overall market expansion over the projected timeframe.
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Volumetric displays are highly integrated with gaming applications owing to several sophisticated features such as motion parallax, precise focal depth of real-world objects, and large viewing angle. These high-end characteristics have driven companies towards the introduction of 3D volumetric displays to render new dimensions to games.
Reportedly, the volumetric display segment held around 5% of the 3D display market share in 2019 and is projected to grow at a CAGR of 30% in the coming years. Product demand is attributed to widespread applications in the gaming, entertainment, and medical imaging applications.
DLP chip technology portrays flawless picture quality by minimizing the gap between the pixels. Due to these exceptional properties, DLP is increasingly adopted in 3D displays for business presentations and to render high accuracy and visibility of data. For instance, Panasonic had introduced new advanced solutions including display, projection, and audio equipment in July 2020. Lashed with DLP technology the company has exhibited its PT-LRZ35 Series projector used in small meeting space and classrooms.
The Digital Light Processing (DLP) technology held 25% of the 3D display market share in 2019. The growth will be driven by its significant adoption in commercial entertainment, home theaters, cinema hall projectors, conference rooms, among others.
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On the regional front, the Europe 3D display market accounted for a market share of over 20% in 2019 and is projected to register a nearly 25% growth rate through 2026, as a result of the accelerating automotive OEM presence in the region, such as Audi, BMW Group, and PSA Group, that integrate these stereo displays to deliver enhanced viewing experiences.
The competitive landscape of the market comprises of companies such as Samsung Electronics Corporation, Universal Display Corporation, AU Optoelectronics, Sony Corporation, Panasonic Corporation, and LG Corporation.
Major Key Points from Table of Content:
Chapter 6. 3D Display Market, By Technology
6.1. Key trends, by technology
6.2. Digital Light Processing (DLP)
6.2.1. Market estimates and forecast, 2016 - 2026
6.3. Plasma Display Panel (PDP)
6.3.1. Market estimates and forecast, 2016 - 2026
6.4. Organic Light Emitting Diode (OLED)
6.4.1. Market estimates and forecast, 2016 - 2026
6.5. Light Emitting Diode (LED)
6.5.1. Market estimates and forecast, 2016 - 2026
Chapter 7. 3D Display Market, By Application
7.1. Key trends, by application
7.2. Television
7.2.1. Market estimates and forecast, 2016 - 2026
7.3. Smartphone
7.3.1. Market estimates and forecast, 2016 - 2026
7.4. Monitor
7.4.1. Market estimates and forecast, 2016 – 2026
7.5. Projector devices
7.5.1. Market estimates and forecast, 2016 – 2026
7.6. Virtual Reality Headsets
7.6.1. Market estimates and forecast, 2016 – 2026
7.7. Others
7.7.1. Market estimates and forecast, 2016 – 2026
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