Press release

3D Display Market Growth Soars: Forecasts Predict Major Advancements by 2030

3D Display Market Growth Soars: Forecasts Predict Major Advancements by 2030

 

 
Allied Market Research, titled, "3D display Market by Format Type, Technology, Access Method, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030," the 3D display market size was valued at $76.50 billion in 2020, and is projected to reach at $378.56 billion by 2030, growing at a CAGR of 17.6% from 2021 to 2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 & 𝐓𝐎𝐂: https://www.alliedmarketresearch.com/request-sample/624

A 3D display technology is an enhanced display device capable of transmitting depth awareness to the viewer using stereopsis for binocular vision. The global 3D display technology is witnessing a surge in home entertainment, owing to a decline in the cost of electronics applications. Moreover, three-dimensional visualization solution is designed to use volumetric multi-view, holographic, and stereoscopic projection solutions to display pictures in three dimensions, owing to which the entertainment sector fuels the demand for 3D holographic display solutions.

The growth of the global 3D display market revenue is majorly driven by a rise in demand for 3D display solutions paired with a sense of depth perception. Moreover, the high adoption of 3D display solution in the entertainment and gaming sectors is anticipated to drive the 3D display market growth. However, the high cost of installation of 3D display solutions and the rise in health-related issues are acting as a prime restraint of the global market growth. On the contrary, the rise in penetration of the Internet of Things paired with the surge in the market of TVs, monitors, smartphones, and tablets is anticipated to provide lucrative opportunities for the 3D display industry during the forecast period.

According to the 3D display market analysis, the LED segment was the highest contributor to the market in 2020. The stereoscopic and volumetric segments collectively accounted for around 91.0% market share in 2020. The surge in the adoption of digital gaming solutions on as led to the growth of the stereoscopic and volumetric segment; thereby, enhancing the 3D display market growth.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮'𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/624

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The 3D Display industry's key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market's strengths, product portfolio, market size and share analysis, operational results, and market positioning.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝟑𝐃 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞,

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

The outbreak of COVID-19 has significantly impacted the growth of the light field display. The decline in demand for 3D display-based applications such as projectors has significantly impacted the demand for 3D display solutions during the pandemic. Further, the lack of availability of a professional workforce due to partial and complete lockdowns implemented by governments across the globe has restrained the growth of the market during the pandemic. However, the rise in demand for VR and digital application-based gaming solutions has led to the growth of three-dimensional display solutions and is expected to drive the growth of the 3D display market post-pandemic.

Region-wise, Asia-Pacific holds a significant share of the global 3D display market revenue, owing to the presence of prime players in this region. Further, China holds a dominating position in the market, owing to a rise in investment by prime players and government agencies to develop next-generation 3D display solutions. The adoption of digital or smart LED solutions across residential sectors is expected to propel the growth of the 3D display market trends in this region.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/624

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲

- By technology, the LED segment accounted for maximum revenue in 2020 and is projected to grow at a notable CAGR of 17.0% during the forecast period.
- By application, the TV and smartphone segments together accounted for around 73.2% of the 3D display market share in 2020.
- By type, the stereoscopic segment is projected to witness growth at a CAGR of 16.6% during the forecast period.
- By region, Asia-Pacific contributed a major share in the 3D display market, accounting for more than 41.8% share in 2020.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/3d-display-market


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