Press release
Light Field Market 2019: Raytrix GmbH, FoVI3D, Light Field Lab, NVIDIA, Toshiba Social & Industrial Infrastructure, Ricoh Innovations Corporation, R7 Partners, Japan Display Inc., Lytro, Avegant
Light Field Market
Global light field market is expected to reach USD 2201.6 Million by 2025, from USD 755.6 Million in 2017, growing at a CAGR of 14.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Market Definition:
Light field is that type of photons which can move in all direction throughout all points in a given area. It can also help in identifying the position of point in image through five dimensions (5D). Light field is utilized in different type of parts namely camera, 3D sensing, autonomous vehicles, telescope and others. There are various application of light field in industry such as designing, healthcare, engineering and others.
Companies such as Raytrix GmbH (Germany) provide R8 / R42 series 3D light field cameras which are based on 42 megaray sensors and provide high resolution up to 10 megapixels at 7 fps. It also provides light field technology with 3D high-speed video capture and is easy to handle and operate.
According to article published by University of Birmingham, in 2015, a project was going on usage of light field technology in biomedical imaging which helped to capture of the 3-dimensional information in a scene by using a single camera in a single exposure
Hence, due to increase use of light field technology in various industries, the global light field market would rise rapidly in future.
Top countries covered in this report are
U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Major Competitors:
• Lytro (US),
• Avegant Corp. (US),
• FoVI 3D (US),
• Japan Display Inc. (JDI) (Japan), and
• OTOY Inc (US). ,
• Light Field Lab (US),
• Holografika (Hungary) Lumii Inc. (US),
• Raytrix GmbH (Germany),
• Leia (US),
• NVIDIA Corporation (US),
• Toshiba (Japan), and Ricoh Innovations (US).,
• R7 PARTNERS (U.S.) & among others
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Competitive Analysis
The global light field market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of light field unit market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers and Restraints:
• Growing demand for light field technology for producing visual effects in movies
• Just-in-time marketing
• Increased usage of 4D and 5D technologies
• Increased demand of artificial technologies
• Rising need for prototyping and growing demand of medical imaging
• Lack of infrastructure support to implement light field imaging
Market Segmentation:
• Based on technology, the market is segmented in imaging solution, display
• Based on vertical, the market is segmented in healthcare and medical, defence and security, media and entertainment, architecture and engineering, industrial
• Based on geography, the light field market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.
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