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3D Display Market Size To See Booming Growth | Sony, Panasonic, LG Electronics, Samsung Electronics C

03-17-2023 12:42 PM CET | IT, New Media & Software

Press release from: Report Ocean

3D Display Market Size To See Booming Growth | Sony, Panasonic, LG

Panasonic has launched a 3D display TV that offers full network connectivity and 3D visualization. Toshiba recently developed the L54 series TV that offers a full 3D screen experience with active motion & resolution panels. The 3D movie, Avatar, released in 2009, received a very positive response from the audiences.

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Governmental organizations are boosting their maintenance budgets for system infrastructure while simultaneously funding initiatives for project development, modernization, and enhancement. As a result of the investments' success, ICT vendors now annually set aside funding for the growth of the online market. Global ICT exports are anticipated to increase 3.9% on average year from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. Global supply has increased by 9.5% yearly since 2009. In terms of global ICT exports in 2021, Ireland came in first place with US$ 169. 32 billion. The rankings placed China at number 4, the United States at number 2, and India at number 3. Since 2009, Brunei has increased by 228.2% year over year, while Sierra Leone has decreased by 61.7% year over year.

By 2026, European ICT Revenue is likely to increase by 1.5% annually, from US$ 1,802,413 Million in 2021 to US$ 1,933,429 Million. The European market has increased by 3.1% annually since 2016. In terms of ICT Revenue in Europe in 2021, Germany came in first place with US$ 339,074 million. Positions 2, 3, and 4 in this ranking were held by the United Kingdom, France, and Ireland, respectively. Since 2016, Malta has increased by 16.5% year over year, while Italy has decreased by 0.2%.

3D display provides three dimensional visualization and a sense of depth to the viewer. 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. Consumer electronics manufacturers (CEMs) are trying to change the user experience by enhancing their product displays to deliver fine 3D content. Increasing demand of 3D visualization in the entertainment, gaming, defence and medical are propelling the market growth. However, high cost of the 3D display and lack of 3D content may hinder the market growth. Growing demands of the 3D display in TV's, smart phones and health care should supplement the growth of this market.

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The market is segmented on the basis of types, technologies, access methods, application and geography. The type segment includes volumetric display, stereoscopic display and HMD. 3D volumetric displays are useful in displaying 3D content. The technology segment comprises of DLP RPTV, PDP, OLED and LED. On the basis of the access method, the market can be classified as screen based display and micro display. The application segment includes TV, smartphones, monitor, mobile computing devices, movie projectors, HMD and others. Geographically, the market is segmented into North America, Europe, Asia-Pacific and LAMEA.

KEY BENEFITS

The study provides an in-depth analysis of the 3D display market with current and future trends to elucidate the imminent investment pockets in the market
Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market
The report provides information regarding key drivers, restraints and opportunities with impact analysis
Quantitative analysis of the current market and estimations through 2013-2020 are provided to showcase the financial attractiveness of the market
Porters Five Forces model and SWOT analysis of the industry illustrates the potency of the buyers & suppliers participating in the market
Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain

KEY PLAYERS

Sony Corp.
Panasonic Corp.
LG Electronics Inc.
Samsung Electronics Corp.
Toshiba Corp.
Sharp Corp.
3D fusion
3DIcon
Fujifilm Corp.
Mitsubishi Electric Corp.

MARKET SEGMENTATION
The market is segmented on the basis of types, technologies, access methods, application and geography.

MARKET BY TYPE

Volumetric display
Stereoscopic
HMD

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MARKET BY TECHNOLOGY

DLP RPTV
PDP
OLED
LED

MARKET BY ACCESS METHODS

Screen based display
Micro display

MARKET BY APPLICATION

TV
Smartphones
Monitor
Mobile computing devices
Projectors
HMD
Others

MARKET BY GEOGRAPHY

North America
Europe
Asia Pacific
LAMEA

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About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

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