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3D Display Market is expected to reach US$ 3,290.83 million by 2028 | The Insight Partners
3D Display Market
The global 3D display market is segmented into type, technology, and application. Based on type, the market is segmented into stereoscopic 3D display and autostereoscopic 3D display. Based on technology, the market is categorized into digital light processing, organic light emitting diode, and light emitting diode. Based on application, the market is segmented into consumer electronics, automotive, medical, advertisement, retail, military & defense, and others. Geographically, the market is segmented into North America (the US, Canada, and Mexico), Europe (France, Germany, Italy, the UK, Russia, and the Rest of Europe), Asia Pacific (Australia, China, India, South Korea, Japan, and the Rest of APAC), Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of MEA), and South America (Brazil, Argentina, and the Rest of SAM).
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Some of the major vendors in the global 3D Display Market includes the companies such as AU OPTRONICS CORP, Innolux Corporation, LG Electronics, Mitsubishi Electric Corporation, Panasonic Corporation, Samsung Group, Sharp Corporation, Looking Glass Factory Inc, Light Field Lab Inc, Leia Inc, Sony, Toshiba Corporation, and Fujifilm Corporation.
The global 3D display market is segmented into five major regions - North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. In 2020, North America led the market with a substantial revenue share, followed by APAC and Europe. The trend of watching 3D movies without glasses is likely to drive the 3D display market in North America in the near future. Apart from movies and games, laptops and handhelds are also likely to be 3D-capable in North America during the forecast period. The autostereoscopic 3D display, which eradicates the need for glasses to view 3D images, is expected to have a substantial impact on the market. Moreover, the presence of large market players and increasing investment for product advancement in the region are among the factors driving the market growth. For instance, in September 2021, LG Electronics USA (LG) launched an immersive 3D multimedia series to commemorate the start of the school year, which debuted the company's giant high-definition digital billboard above New York City's historic Times Square.
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Impact of COVID-19 Pandemic on 3D Display Market:
The COVID-19 crisis affected the industries worldwide and the global economy took the worst hit in 2020 and is likely to continue in 2021. The outbreak created significant disruptions in primary industries such as automotive, retail, and consumer electronics. The sharp decline in electronics and manufacturing industries is impacting the growth of global 3D display market. North America is one of the most important regions for the adoption and growth of new technologies due to favorable government policies to boost innovation, presence of huge industrial base, and high purchasing power, especially in developed countries such as the US and Canada. North America is home to a large number of manufacturing and technology companies, and thus the impact of COVID-19 outbreak is anticipated to be quite severe till mid-2021. The region is expecting market recovery and economic improvement with the COVID-19 vaccination drives.
The List of Companies - 3D Display Market
AU OPTRONICS CORP
Innolux Corporation
LG Electronics
Mitsubishi Electric Corporation
Panasonic Corporation
Samsung Group
Sharp Corporation
Looking Glass Factory Inc
Light Field Lab, Inc
Leia Inc
Sony Corporation
Toshiba Corporation
Fujifilm Corporation
BOE Technology Group
What are key market opportunities for 3D display market?
The present 3D display market is in its nascent stages of growth cycle and companies operating in this market are investing heavily in research and development to bring successful 3D display systems to the commercial market. Medical, automotive, and defense are expected to be some of the largest growth potential areas for the demand of 3D displays worldwide. The prospective application areas of 3D display technologies could be unprecedented in number depending on the positive growth and technology development in the market.
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The Insight Partners
Email: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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