3D Display Market is Anticipated to reach USD 260.7 billion, grow at a CAGR of 18.80% from 2023 to 2032
Research Reports
Aug 22, 2023
3D Display Market Insights:
According to a comprehensive research report by Market Research Future (MRFR), “3D Display Market Research Report, By Technology, By Application – Forecast till 2027, the market is anticipated to acquire a valuation of approximately USD 150.81 Billion by the end of 2030. The reports further predict the market to flourish at a robust CAGR of over 18.4% during the assessment timeframe.
Over the past couple of years, the gaming industry has seen major advances in technology, game experience, and aesthetics. The 3D display market is expanding as the industry strives to improve the whole game experience using 3D technology. Additionally, the industry as a whole is predicted to benefit from the increased interest in OLED & LED technologies that provide better picture quality and performance compared to traditional display technologies.
The 3D Display Market is benefiting from the growing use of AR in different medical procedures and applications. The use of technology shortens the length of operations and preoperative preparation while improving surgeons’ eyesight capabilities.
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Key Players:
- Panasonic Corporation,
- Samsung Electronics Corporation,
- Toshiba Corporation,
- LG Electronics Inc.,
- Sharp Corporation,
- Sony Corporation,
- 3D combination,
- Mitsubishi Electric Corporation,
- 3DIcon
- Fujifilm Corporation.,
are the notable vendors in the 3D Display market.
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3D Display Market Regional Analysis:
In 2022, the Asia Pacific region dominated the market. The main factors affecting the growth of the regional market are technological improvements, an increase in smartphone penetration, & a high adoption rate of digital services. Additionally, the widespread desire for video games is boosting the use of stereoscopic displays. Increasing adoption of 3D display technology in gaming, entertainment, & engineering simulations will support the market throughout the course of the projected period. Due to changing consumer tastes and rising family income, the Asia Pacific area is predicted to grow at the quickest rate throughout the same time. The expansion of the Asia Pacific area in the 3D display market is further aided by the presence of major technological companies like LG, Samsung Electronics, Sony, Panasonic, and Fujifilm Holdings Corporation. By 2028, the Asia Pacific area will see rapid expansion and be the greatest revenue-producing market worldwide. In the projected period, it is certain that the booming entertainment and gaming sectors, particularly in Japan, China, & India, will play a significant role in driving adoption. Major OEMs’ presence is also adding to the 3D display market share in the region.
3D Display Market Segmentation:
The global 3D display industry has been bifurcated based on application, technology, and product.
By product, stereoscopic display will lead the market over the forecast period because they are widely used in gaming and entertainment applications. These displays, as opposed to other kinds of 3D displays, are more widely available and less expensive since they employ glasses to simulate depth. Furthermore, improvements in stereoscopic display technology have produced high-fidelity and resolution screens, which have increased demand for them. Additionally, because stereoscopic displays are compatible with current infrastructure for content generation and delivery, integrating them into existing systems is made simpler.
By technology, LED will domineer the market over the forecast period because they use less energy, have a longer lifespan, and provide better images. When utilized as backlighting for the 3D displays, LEDs provide visuals that are brighter and more colorful than those from conventional LCD screen display. Additionally, improvements in LED technology have produced high-resolution & high contrast displays, which have increased demand for them. LEDs are a preferred option for manufacturers since they are also more affordable than alternative display technologies. They are anticipated to maintain their market dominance for 3D displays in the upcoming years.
By application, television will spearhead the market over the forecast period. By adding 3D display technology or 3D screen, consumer electronics manufacturers are attempting to improve the viewing experience for customers. Today 3D display is also incorporated in smart screens.
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May 2023- The ELF-SR2 is a 27-inch, glasses-free 3D display made by Sony that is intended for spatial reproduction. On June 12th, this ground-breaking device is scheduled to be on sale for an estimated $3750 USD. The bigger display makes it possible for users to closely examine minute details, making it ideal for a variety of applications including industrial design & medical education.
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