3D Display Market by Type (Volumetric Display, Stereoscopic Display, and HMD), Technology (Digital Light Processing (DLP), Plasma Display Panels (PDP), Organic LEDs (OLED), and Liquid Crystal Display (LCDs)), Access Methods (Screen Based Display and Micro

Asia Pacific is expected to lead the global 3D display market throughout the forecast period followed by North America. Furthermore, in 2016 China dominates the 3D display market in Asia-Pacific. Similarly, US dominates 3D display market in North America & Rest of Europe leads the 3D display market in Europe.

3D Display Market by Type (Volumetric Display, Stereoscopic Display, and HMD), Technology (Digital Light Processing (DLP), Plasma Display Panels (PDP), Organic LEDs (OLED), and Liquid Crystal Display (LCDs)), Access Method (Screen Based Display and MicroDisplay), and Application (TV, Smartphones, Monitor, Mobile Computing Devices, Movie Projectors, HMD, and Others): Global Opportunity Analysis and Industry Forecast, 2017-2023. The report offers a comprehensive overview of the market, key benefits for stakeholders, market size and forecast, industry scope & trends, dynamic factors such as drivers, restraints, & opportunities, and top investment pockets. According to the report, the global 3D display market garnered $58.28 billion in 2017 and is expected to reach $193.24 billion by 2023, registering CAGR of 16.3% from 2017 to 2023.

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Developments in OLED and LED technologies to produce better picture quality and higher performance compared to traditional techniques and high demand for 3D visualization in show business, gaming, defense, and medical sectors drive the growth of the global 3D display market. However, high initial cost of 3D display and lack of 3D content impede the market. On the contrary, high demand for 3D display in TVs, smartphones, and tablets and increasing penetration of 3D content would provide lucrative opportunities for the market players in future.

The stereoscopic 3D display segment accounted for highest market revenue in 2017, contributing more than two-thirds share of the market. It is expected to continue its dominance throughout the market period. However, the HMD segment is expected to grow at the fastest CAGR of 31.5% during the study period. On the other hand, volumetric 3D display segment is expected to witness gradual demand by 2023.

The OLED technology segment is expected to register the fastest CAGR of 34.5% through 2023, as it is recognized as a light and compact alternative to conventional LED and LCD systems. However, the LED technology segment would hold the largest market share, contributing 72.4% of the market revenue, as LED backlighting is more energy efficient than conventional display technologies such as plasma and DLP. Moreover, DLP and PDP are the other technologies analyzed in the report.

The microdisplay segment is expected to witness the fastest CAGR of 33.1% during the forecast period. However, in 2017, the conventional/screen-based access method segment held about 93.5% share of the market and is expected to continue its dominance through 2023.

On the basis of application, the global 3D display market report is categorized into TV, smartphone, monitors, mobile computing devices, movie projectors, HMD, and others. The TV segment would hold the largest market share by 2023, contributing about two-thirds share of the market. However, the smartphone segment would show the fastest CAGR of 40.8% through 2023.

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Asia-Pacific region accounted for more than one-third of the total market share in 2017, owing to the large consumer base and growing receptiveness toward this technology in developing countries such as India and China. However, Latin America, Middle East, and Africa (LAMEA) would manifest the fastest CAGR of 36.0% during the forecast period. The 3D display market in North America and Europe have also been extensively analyzed in the report.

The major players profiled in the report are Sony Corp., LG Electronics Inc., Toshiba Corp., 3D fusion, Mitsubishi Electric Corp., Panasonic Corp., Samsung Electronics Corp., Sharp Corp., 3DIcon, and Fujifilm Corp. These major market players have adopted different strategies including collaboration, partnership, R&D, product launch, and acquisition to increase their market share and expand their geographical presence.

Analyst Review:

The global 3D display market is expected to witness high growth rate due to increase in adoption of 3D display in entertainment and gaming industry and sense of depth perception in industries such as movie and gaming. However, high cost of 3D display and health-related issue such as headache and eyestrains associated with 3D TV and cinema display impedes the market growth.

3D display is an emerging technology increasingly adopted in various fields such as gaming, photography, video, education, defense, and engineering simulation. It is one of the new developments in the electronic industry as it offers a very immersive 3D viewing experience. A 3D display provides three-dimensional visualization and a sense of depth to the viewer. By type the market is segmented into volumetric display, stereoscopic display, and HMD. In addition, based on technology, the market is classified into digital light processing (DLP), plasma display panels (PDP), organic LEDs (OLED), and liquid crystal display (LCDs).

By application, TV and smart phones was dominant segment in year 2016 and is anticipated to continue its dominance during the forecasted period. By access methods, screen based display witnessed highest growth rate during forecasted period.

Sony Corp., Panasonic Corp., LG Electronics Inc., Samsung Electronics Corp., Toshiba Corp., Sharp Corp., 3D fusion, 3DIcon, Fujifilm Corp. and Mitsubishi Electric Corp are key market players that occupy a significant revenue share in the 3D display market.

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