Press release
Volumetric Display Market Size, Trends & Growth Forecast 2024-2031 | Top key players - Holografika, LightSpace Technologies., Holoxica Ltd.
The Global Volumetric Display Market reached US$ 247.6 Million in 2022 and is expected to reach US$ 1,631.0 Million by 2030, growing with a CAGR of 26.6% during the forecast period 2024-2031.Volumetric Display Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Volumetric Display Market focuses on 3D display technologies that create holographic images visible from multiple angles without the need for special glasses. Used in medical imaging, gaming, automotive, and military applications, these displays enhance visualization and user interaction. Growing demand for immersive experiences, advancements in light field technology, and rising applications in healthcare and defense are driving market growth.
List of the Key Players in the Volumetric Display Market:
The Coretec Group Inc., Holografika, LightSpace Technologies., Holoxica Ltd, Voxon Photonics, Burton Inc., SEEKWAY, LEIA INC., Alioscopy and Burton Inc.
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Industry Development:
On December 31, 2022, LightSpace Technologies, Ltd. and EUROLCDS, Ltd. successfully completed their project focused on the development of a multi-plane volumetric display screen with enhanced optical performance using polymer interlayer lamination. The total project cost amounted to 0.85 million EUR, which included 56 thousand EUR in ineligible costs and 205 thousand EUR in private funding.
On May 24, 2023, Looking Glass introduced holographic characters that enable users to engage in natural conversations without the need for typing. Looking Glass Liteforms leverages the company's patented headset-free 3D holographic display technology alongside large language models, offering an innovative, immersive way to interact with AI-powered digital characters.
Growth Forecast Projected:
The Global Volumetric Display Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Volumetric Display Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Volumetric Display Market:
By Component: Projector, Motor & Position Sensor, Mirror, Others.
By Technology: Digital Light Processing (DLP) Technology, Liquid Crystal on Silicon (LCOS) Technology.
By Display: Swept Volume Display, Static Volume Display.
By Application: Production and Management, Marketing, Data Visualization, Training, Others.
By End-User: Medical, Aerospace & Defence, Automotive, Oil & Gas, Engineering, Advertisement, Others.
Regional Analysis for Volumetric Display Market:
The regional analysis of the Volumetric Display Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Volumetric Display market?
➠ Who are the leading manufacturers in the global Volumetric Display industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Volumetric Display industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Volumetric Display market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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