Holographic Display Market 2023: Analysis By Top Key Players AV Concepts, Eon Reality, Qualcomm, Zebra Imaging, Holoxica, Musion Das, ViewSonic

Market Synopsis:

Holographic display Market growing at exponential compound annual growth rate by forecast period of 2019 to 2023. The increasing use of holographic displays in medical imaging is one of the chief drivers of the market. Besides this, the rising demand for holographic projections at events, fashion shows, conferences, product launch ceremonies, and product marketing events is also expected to help the market gain pace through the course of the forecast period. Market Research Future (MRFR)’s latest study reveals that the global holographic display market is set to proliferate exponentially registering a CAGR of 19% during the forecast period 2017 to 2023.

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The technological advancements introduced in the recent times for the development of holographic displays have paved the way for its adoption across different verticals. It is likely to augment the market in the foreseeable future. A holographic display uses coherent light that is generated by the laser to create a three-dimensional (3D) image in space. While recording a hologram, a split laser simultaneously illuminates the subject and the recording photographic plate as a reference beam. A hologram is the recording of a holographic image on a medium and an apparently freestanding 3D image created by a holographic display is called a holographic image

Holographic technology has been favorably applied in the field of product marketing for both marketing as well as selling products. For instance, holographically projected stalls facilitate better market penetration than the traditional kiosks. The growing demand for holographic displays for product marketing is expected to aid the market proliferation over the assessment period.

New advancements in the technology are expected which is poised to catalyze its adoption across different industry verticals which are projected to propel the demand for holographic displays. The boom witnessed in the end-user industries such as automobile, healthcare, manufacturing, etc. is also forecasted to favor the expansion of the holographic display market across the review period. Nevertheless, the high price of the displays remains an impediment to the market expansion.

Competitive Dashboard:

Some of the key players profiled in the report are AV Concepts (U.S.), Konica Minolta Inc. (Japan), Qualcomm (U.S.), Eon Reality Inc. (U.S.), Zebra Imaging (U.S.), Musion Das Hologram Ltd. (U.K.), Provision Holdings Inc. (U.S.), Holoxica (U.S.), Realview Imaging Ltd. (Israel), and ViewSonic Corp. (U.S.).

Industry Developments:

In September 2018, Red Digital Cinema, primarily known for its film cameras has promised the integration of holographic display in its upcoming mobile handset, Red Hydrogen.

In September 2018, Way Ray, a Swiss startup received funding of USD 80 Mn from Porsche, Hyundai Motor, China Merchants Capital, and Alibaba Group for the development of holographic displays on windshields.

Key Findings:

Medical imaging applications are likely to experience a favorable growth during the forecast period owing to the increasing awareness regarding their benefits among the medical community leading to the adoption of holography products for clinical applications.

EchoPixel a revolution in 3D medical imaging, produced a software system that converts 2D images to stereoscopic 3D images. The system makes it possible for medical professionals in diagnostics, surgical planning, and interventional radiology to ‘cut’ virtual tissue, organs, and other body parts at various angles.

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Market Segmentation:

By technology, the global holographic display market has been segmented into semitransparent, touchable, laser, and piston.

By product type, the holographic display market is segmented into the camera, digital signage, kiosks, medical imaging equipment, smart TVs, and others.

By application, the global holographic display market has been segmented into 3D image projection, image storage, image replication, scanning &detecting of scattered light, real-time non-destructive testing.

By end-users, the holographic display market is segmented into healthcare, media and entertainment, defense and aerospace, educational sector, automobile, manufacturing, and many more.

Regional Analysis:

By region, the global holographic display market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is poised to lead the global market through the forecast period. The growth trajectory of the market is guided by the strategies implemented by the key players in the region for gaining traction. Additionally, technological advancements and early adoption of the technology is projected to favor the holographic display market expansion in the foreseeable future.

Asia Pacific is projected to register a substantial growth across the assessment period. The growth of the holographic display market in the region is highly dependent on the growth of the consumer electronics industry. The increasing demand from the consumer electronics industry is expected to fuel demand in the regional market. Furthermore, the presence of fast-developing economies such as China and India in the region is estimated to have a positive influence on the proliferation of the holographic display market.

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global Holographic Display Market

5 Industry Overview Of Global Holographic Display Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

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LIST OF TABLES

Table 1 Global Holographic Display Market: By Region, 2017-2023

Table 2 North America Holographic Display Market: By Country, 2017-2023

Table 3 Europe Holographic Display Market: By Country, 2017-2023

Table 4 Asia-Pacific Holographic Display Market: By Country, 2017-2023

Table 5 Middle East & Africa Holographic Display Market: By Country, 2017-2023

LIST OF FIGURES

FIGURE 1 Global Holographic Display Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis Of Global Holographic Display Market

FIGURE 4 Value Chain Of Global Holographic Display Market

FIGURE 5 Share Of Global Holographic Display Market In 2017, By Country (In %)

Continued …

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