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2022
3d Display Market

3D Display Market by Type (Volumetric Display, Stereoscopic, and HMD), Technology (DLP RPTV, PDP, OLED, and LED), Access Method (Screen Based Display and Micro Display), and Application (TV, Smartphones, Monitor, Mobile Computing Devices, Projectors, HMD, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

✷  A00504
Pages: 275
Feb 2022 | 21424 Views
Author(s) : Himanshu Jangra, Tanumoy Upadhaya , Vineet Kumar
Tables: 136
Charts: 78
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COVID-19

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The global 3D display market size was valued at $76.50 billion in 2020, and is projected to reach $378.56 billion by 2030, registering a CAGR of 17.6% from 2021 to 2030. 

The 3D Display set market in significantly affected by the emergence of COVID-19, owing to decline in demand for 3D display-based television and other consumer electronics applications.

A 3D display is an enhanced technology designed to offer the spectator three-dimensional visuals and a sensation of depth. Further, 3D display technology is witnessing a rise in gaming, photography, film, education, military & defense, and engineering simulation. Moreover, a stereo display is capable of conveying depth awareness to the viewer using stereopsis for binocular vision. Consumer electronics manufacturers (CEMs) are attempting to improve the user experience by upgrading light field displays to provide high-quality 3D information.

3D Display Market
By Type

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Stereoscopic segment influence the market in 2020, and expected to follow the same in future.

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In addition, volumetric 3D display is an autostereoscopic technology that offers three-dimensional imaging that is visible to the naked eye. Moreover, rise in penetration of next generation 3D holographic display, smartphones, TV, display, and others electronics solutions is anticipated to offer significant growth opportunities for the 3D display market growth. 

The 3D display market share is expected to witness notable growth during the forecast period, owing to high adoption of 3D display in entertainment and gaming industry. Furthermore, rise in demand for 3D display solution across entertainment sector has driven the growth of the market. Moreover, sense of depth perception is expected to propel the 3D display market growth during the forecast period. However, high cost of installation of 3D display solutions paired with rise in health-related issues are some of the prime factors restraining the 3D display market outlook. On the contrary, rise in market of TV, monitor, smart-phone and tablets is expected to provide lucrative opportunities for the growth of the 3D display market revenue during the forecast period.

3D Display Market
By Technology

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LED on the Move segment hold domination position in 2020.

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The outbreak of COVID-19 has significantly impacted the growth of the outdoor advertisement solution in 2020; however, the rise in demand for VR gaming solutions is expected to witness relatively high growth by the end of 2021. Nevertheless, the market was principally hit by several obstacles created amid the COVID-19 pandemic such as lack of skilled workforce availability and delay or cancelation of projects owing to partial or complete lockdown globally.

In contrast, rise in penetration of home entertainment solution across residential sectors is expected to drive the growth of the 3D display market size during the forecast period. The global 3D display market share is segmented on the basis of format type, technology, access method, application, and region. The type segment includes volumetric display, stereoscopic display, and HMD. The stereoscopic display segment dominated the market, in terms of revenue, in 2020, and is expected to follow the same trend during the forecast period. By technology, the market is segmented into DLP RPTV, PDP, OLED, and LED. The OLED segment dominated the market in 2020 and anticipated to drive the market in coming years. Through access method, the 3D display industry is split into screen-based display and micro display.

 

3D Display Market
By Access Methods

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Screen Based Display on the Move segment hold domination position in 2020.

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The micro display segment was the highest revenue contributor in 2020, and is anticipated to garner significant market share during the forecast period. Based on application, it is classified into TV, smartphones, monitor, mobile computing devices, projectors, HMD, and others. The others segment acquired the largest share in 2020, and BFSI segment is expected to grow at a high CAGR from 2021 to 2030. 

Region-wise, the 3D display market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and the rest of the Europe), Asia-Pacific (China, Japan, India, and the rest of the Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific, specifically China, remains a significant participant in the global 3D display industry. Major organizations and government institutions in the country are intensely putting resources into the technology.

 

3D Display Market
By Application

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TV segment generated the highest revenue in 2020.

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Top Impacting Factors

Significant factors that impact the growth of the global 3D display industry include surge in demand for 3D display solution paired with high adoption of 3D display solution in entertainment and gaming sectors. Moreover, sense of depth perception is expected to drive the market opportunity. However, rise in health-related issues coupled high cost of installation of 3D display solutions are acting acts as a prime barrier for early adoption, which hampers the growth of the market. On the contrary, surge in market of TV, monitor, smart-phone and tablets is expected to offer potential growth opportunity for the 3D display market players during the forecast period.

Competition Analysis

Competitive analysis and profiles of the major 3D display market players, such as Sony Corp., Panasonic Corp., LG Electronics Inc., Samsung Electronics Corp., Toshiba Corp., Sharp Corp., 3D Fusion, 3DIcon, Fujifilm Corp. and Mitsubishi Electric Corp. are provided in this report.

3D Display Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific segment garner significant market share in 2020.

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Key Benefits For Stakeholders

  • This study comprises analytical depiction of the 3D display market size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall 3D display market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current 3D display market forecast is quantitatively analyzed from 2021 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the smart display.
  • The report includes the market share of key vendors and 3D display market trends.

Key Market Segments & Key Market Players

Segments Sub-segments
BY TYPE
  • Volumetric Display
  • Stereoscopic
  • HMD

BY TECHNOLOGY
  • DLP RPTV
  • PDP
  • OLED
  • LED

BY ACCESS METHODS
  • Screen Based Display
  • Micro Display

BY APPLICATION
  • TV
  • Smartphones
  • Monitor
  • Mobile Computing Devices
  • Projectors
  • HMD
  • Others

BY REGION
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

By KEY PLAYERS
  • Sony Corp
  • Panasonic Corp
  • LG Electronics Inc.
  • Toshiba Corp.
  • Sharp Corp
  • 3D Fusion
  • Fujifilm Corp
  • Mitsubishi Electric Corp
  • Samsung Electronics Co. Ltd.
  • 3DICON

 

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The 3D display industry has enormous development potential globally. The market, which is still in its early stages, has begun to contribute considerably to the broader 3D technology industry. Furthermore, the contribution to the worldwide market is predicted to grow considerably in coming years. In addition, rise in demand for the Internet of Things, smart infrastructure, and artificial intelligence solutions across the residential, commercial, and healthcare sectors is projected to drive the growth of the 3D display market in the coming years. 

The global 3D display market is highly competitive, owing to strong presence of existing vendors. 3D display vendors, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals, as they have the capacity to cater to the market requirements. The competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by key vendors.

Surge in demand for VR gaming solution across residential sectors globally is driving the need to enhance 3D display solutions such as in-home system and mobile systems. Moreover, prime economics, such as the U.S., China, the UK, and Japan, plan to develop and deploy next-generation 3D display solutions across various sectors. For instance, in May 2020, Ocutrx Vision Technologies, LLC announced the launch of its new 3D display based medical technique perception theater solution, Ocutrx OR-Bot, equipped with 3D 8K solution, which is anticipated to provide lucrative opportunities for the market growth.

Among the analyzed regions, Asia-Pacific exhibits the highest adoption rate of 3D display and has been experiencing massive expansion of the market. On the other hand, Asia-Pacific is expected to grow at a faster pace, predicting lucrative growth, due to emerging countries, such as China, Japan, and India, investing in these technologies. Regions, such as the Middle East and Latin America, are also expected to offer new opportunities in the 3D display market in future.

Various key players and government agencies are investing in 3D display to make them compatible with various industrial platforms globally. For instance, in February 2019, the VividQ a leading develop of 3D display solution announced a collaboration with Fourth Dimension Display Ltd, to develop a holographic 3D solution for mixed reality headsets to offer real time images, which is showcasing lucrative growth opportunities for the market growth.  

The key players profiled in the report include 3D display market players, such as Sony Corp., Panasonic Corp., LG Electronics Inc., Samsung Electronics Corp., Toshiba Corp., Sharp Corp., 3D Fusion, 3DIcon, Fujifilm Corp. and Mitsubishi Electric Corp.
 

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