Press release
3D Display Market Sustaining the Hold: Strategies for Market Longevity
The new report published by The Business Research Company, titled "3D Display Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, 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 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%.
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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.
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 3d display market covered in this report is segmented -
1) By Product: Volumetric, Stereoscopic, Head Mounted Display (HMD)
2) By Technology: Digital Light Processing, Plasma Display Panel, Organic Light-Emitting Diode, Light Emitting Diode
3) By Access Methods: Conventional or Screen-based Display, Micro Display
4) By Application: TV, Smartphones, Monitor, Mobile Computing Devices, Projectors, Head Mounted Display (HMD), Other Applications
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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
Contents of the report:
1. Executive Summary
2. 3D Display Market Report Structure
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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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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