Global Volumetric Display Market

Volumetric Display Market Size, Share, Growth Analysis, By Display type(Static-volume display, and swept-volume display), By Industry(Automotive, medical, gaming & entertainment, oil & gas), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45J2074 | Region: Global | Published Date: July, 2024
Pages: 211 | Tables: 64 | Figures: 75

Volumetric Display Market Regional Insights

North America is anticipated to register a CAGR of 41% over the forecast period. The increasing use of 3D volumetric displays in the oil and gas industry to visualize 3D fluid flow in real-time influencing the market growth. Moreover, the adoption rate of new technologies like autostereoscopic display in healthcare is favouring the growth of volumetric display in terms of medical imaging applications. In addition, in order to the defense expenditure the United States is focussing on deploying advanced technologies for military simulation and training applications is estimated to support the regional market during the aforementioned forecast period.

Asia Pacific region is estimated to gain substantial growth in the global market owing to the changing consumer preferences towards high-tech gaming in various countries including China, Japan, and Australia. Furthermore, rapidly growing consumer electronics industry because of Foreign Direct Investments (FDI) in the region is further predicted to increase the growth rate of volumetric displays. China and Japan are however, estimated to hold a significant market share with respect to mass manufacturing facilities and low cost of production.

The display of volumetric in Europe may also grow due to the expansion of gaming & entertainment industry in the region; and it is noted that the U.K., and Germany may lead the market in the region during the forecasting year.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Volumetric Display Market size was valued at USD 540 million in 2019 and is poised to grow from USD 690 million in 2023 to USD 1817 million by 2031, growing at a CAGR of 28.35% in the forecast period (2024-2031).

volumetric display market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Voxon Photonics', 'LightSpace Technologies Inc.', 'Holoxica Limited', 'Leia Inc.', 'Holografika Kft.', 'Zebra Imaging', 'Burton Inc.', 'Geola Digital UAB', 'Raytrix GmbH', '3DIcon Corporation', 'HoloTech Switzerland AG', 'Jiangmen Seekway Technology Ltd.', 'FoVI 3D', 'Ovizio Imaging Systems', 'Infinite Z, Inc.', 'RealView Imaging Ltd.', 'SeeReal Technologies GmbH', 'Looking Glass Factory, Inc.', 'Alioscopy', 'Light Field Lab Inc.'

Gaming experience got tremendous traction among the enthusiasts across the globe. The volumetric display can rotate 360° for enhanced 3D gaming experience without any device on the gamer’s body, and thus, it is benefitting the growth of market. The increasing consumer demand on the product, and heavy investments by key market players in manufacturing are anticipated to exhibit the market growth.

Changing preference from traditional 3D displays to volumetric 3D displays among consumers is one of the trends, and is because of the inherent features of the volumetric 3D display, such as visualization of holographic aerial images in free space, 360° spherical viewing angle, autostereoscopic capabilities, and motion-based depth cues. It can give improved resolution, improved user viewing experience through a number of visual effects, and also a real-time 3D experience.

North America is anticipated to register a CAGR of 41% over the forecast period. The increasing use of 3D volumetric displays in the oil and gas industry to visualize 3D fluid flow in real-time influencing the market growth. Moreover, the adoption rate of new technologies like autostereoscopic display in healthcare is favouring the growth of volumetric display in terms of medical imaging applications. In addition, in order to the defense expenditure the United States is focussing on deploying advanced technologies for military simulation and training applications is estimated to support the regional market during the aforementioned forecast period.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Volumetric Display Market

Report ID: SQMIG45J2074

$5,300
BUY NOW GET FREE SAMPLE