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3D Display Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region
3D Display Market
The Business Research Company offers in-depth market insights through 3D Display Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The 3d display market size has grown exponentially in recent years. It will grow from $112.34 billion in 2023 to $136.15 billion in 2024 at a compound annual growth rate (CAGR) of 21.2%. The growth in the historic period can be attributed to consumer electronics adoption, investment in research and development, growth in automotive sector, rise in e-commerce industry.
The 3d display market size is expected to see exponential growth in the next few years. It will grow to $284.69 billion in 2028 at a compound annual growth rate (CAGR) of 20.3%. The growth in the forecast period can be attributed to rising smart home integration, growing healthcare sector, growing adoption of smartphones, rise in disposable income, rising gaming and entertainment sector. Major trends in the forecast period include glasses-free 3d displays, 3d printing visualization, holographic displays, energy efficient displays, industry collaboration.
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Market Segmentation:
The main types of 3D display market products are volumetric, stereoscopic, and head-mounted display (HMD). Volumetric 3D displays refer to displays that provide three-dimensional images that fill the entire screen. It is used in a 3D scene to emit visible light from the region in which it appears. The different technologies include digital light processing, plasma display panels, organic light-emitting diodes, and light-emitting diodes. The various access methods are conventional and screen-based displays and micro displays that are used in several applications such as TVs, smartphones, monitors, mobile computing devices, projectors, head-mounted displays (HMD), and others.
Major Driver - 3D Technology Surge In Gaming Boosts The 3D Display Market
An increase in the demand for 3D technology in the gaming industry is expected to propel the growth of the 3D display market going forward. 3D technology in the gaming industry refers to interactive computer entertainment that is graphically presented in the three dimensions of height, width, and depth. Most video games are made with three dimensions in mind, and the gaming industry needs to develop laptops and other products equipped with a stereo 3D display. According to Tech Jury, a US-based tech review website, in 2021, 48% of gaming firms were working on virtual reality (VR) and augmented reality (AR) games, with 3D point technology playing a key part in delivering the best gaming experience. Therefore, an increase in the demand for 3D technology in the gaming industry is driving the growth of the 3D display market.
Competitive Landscape:
Major companies operating in the 3d display market include Samsung Electronics Co. Ltd., LG Corporation, Panasonic Corporation, Sony Corporation, Sharp Corporation, Toshiba Corporation, Mitsubishi Electric Corporation, AU Optronics Corp., Coretec Group Inc., Universal Display Corporation, ViewSonic Corporation, Planar Systems Inc., Zecotek Photonics Inc., SeeReal Technologies GmbH, Glimm Display BV, Koninklijke Philips N.V., 3D Global GmbH, Canon Europe Ltd., Japan Display Inc., HannStar Display Corporation, Chunghwa Picture Tubes Ltd., Universal Display Corporation, Planar Systems Inc., 3D Combination, 3DIcon Corporation, Medtronic Inc., Signet Systems Inc., Tritium Pty Ltd., DirectMed Inc., Invivo Corporation
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Top Trend - Cutting-Edge Technologies Drive The 3D Display Market
New technological advancements have emerged as the key trend gaining popularity in the 3D display market. Major companies operating in the 3D display sector are focused on developing new technological solutions to sustain their position in the market. For instance, in December 2021, LG Display, a South Korea-based manufacturer of various 3D display products, launched its new 3D display, 'OLED.EX.' This display works on unique algorithm-based 'EX Technology,' which helps to increase the innovative display's total picture quality by 30%. This OLED.EX contains 33 million organic light-emitting diodes that help to give a better viewing experience than a normal 3D display.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. 3D Display Market Characteristics
3. 3D Display Market Trends And Strategies
4. 3D Display Market - Macro Economic Scenario
5. 3D Display Market Size And Growth
…..
27. 3D Display Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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