Holographic Display Market Potential Growth, Share, Demand and Analysis of Key Players & Forecasts

Global Holographic Display Market was valued at a worth of USD 1,350 million in 2020 and is estimated to grow at a CAGR of 30.2% during the forecast period 2022-2031.

A holographic display is used to generate realistic three-dimensional (3D) images. It operates on the light diffraction technique that creates a holographic illusion. It is employed in various industries as an effective marketing and advertising tool to generate brand attention and increase sales. Nowadays, several manufacturers are introducing advanced product variants that can depict 3D images of aerial maps. They are incorporated with micro pistons that function similarly to pixels on a computer monitor, which help improve the overall image quality.

The rising demand for 3D holographic displays in applications for brand activation, education, and retail can be blamed for the market expansion. This market is expanding as a result of the expanding use of 3D holographic displays in numerous end-use sectors. However, the expansion of this sector is being constrained by costly installation and maintenance expenses. According to kind, the touchable type segment is anticipated to command a sizable market share during the forecast period.

One of the main drivers of the need for holographic displays in endoscopy, X-rays, and other medical devices is the rising prevalence of chronic diseases and the expanding accessibility to medical services. Additionally, the booming entertainment industry is driving the market expansion due to the rising need for digital signs in amusement parks. Additionally, the adoption of holographic displays in digital point of sale (POS) terminals is being driven by the growing popularity of online stores for making purchases of goods and services.

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Key Players

Some of the major companies operating in the market are Holoxica Ltd, , Konica Minolta, Inc. , EON Reality Inc., MDH Hologram , Realview Imaging Ltd., DisplAir Inc. , AV Concept Inc. , Zebra Imaging, Provision Holding, Inc, Kino-mo Ltd , Shenzhen SMX Display Technology Co., Ltd.

By Technology

· Laser

· Electro holography

· Full Parallax

· MEMS

By Type

· Laser plasma

· Touchable

· Micromagnetic piston

· Holographic Television Display

By Application

· Automobile

· Manufacturing

· Healthcare

· Media & Entertainment

· Aerospace & Defense

· Other

Regional Analysis:

North America is a leading region in the global holographic displays market owing to advancing 3D holographic display technology, growing demand in medical imaging, and strong presence of prominent players in the respective region. For instance, in January 2015, Microsoft Corporation revealed their new technology "Windows Holographic" with HoloLens headset that provides augmented reality experience like virtual reality (VR) goggles. Moreover, Microsoft Corporation collaborated with National Aeronautics and Space Administration (NASA) for developing HoloLens for creating their holograms.

Europe is one of the prominent regions in the global holographic displays market after North America. Increasing awareness about the benefits of digital signage offerings and rising demand for commercial displays have created opportunities for holographic displays in prominent countries like Germany, the U.K, France, and Italy. For instance, the reflective strip on the new U.K polymer €5 bank notes uses holography for producing changing color after tilting the note as well as a 3D image of floating coronation crown

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The report also covers additional points within the scope

· Market Share Analysis

· Potential Venture Avenue

·Technology Assessment

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