Use cases
- Amazing Movie Nights: Watching movies at home and you’ll feel like you are part of the action! Imagine watching movies at home and feeling like you're right there in the action! With 3D displays, movies come to life with images that pop out of the screen.
- Incredible Gaming Adventures: Get yourself ready for a gaming experience that you have never had! Incredible Gaming Adventures: Get ready for gaming like never before! With 3D displays, video games become even more exciting with graphics that jump out at you.
- Fun Learning Experiences: When learners have an access to 3D displays! Fun Learning Experiences: Learning becomes fun with 3D displays! Imagine studying dinosaurs and seeing them roam around in 3D. It's like going on a virtual field trip without leaving the classroom.
- Awesome Virtual Tours: They will allow you to explore different parts of the world while sitting at your house. Using 3D displays enables individuals to explore famous sites and remote places while resting at their homes.
- Cool Medical Training: Doctors and scientists can now use 3D displays to get ready for surgeries. This can also be relevant concerning experiments. The use of 3D displays allows them to have an overview of how human tissues appear like in real life hence making their work simpler as they study and comprehend more easily.
Market Dynamics
The growth of the 3D display market is driven by increased consumer choices and a rise in awareness of HD technology. Furthermore, the adoption of digital cinema screens providing a 3D viewing experience & the growing consumer preference for 3D movies are driving market growth.
Additionally, emerging economies like India & China are anticipated to experience major growth in the forecast period, owing to their expanding middle-class population & improving living standards. Projectors & monitors, among the key applications of 3D displays, are anticipated to grow in sales due to changing consumer preferences & the increase in demand for high-definition graphics.
However, the growth of the 3D display market is likely to be restrained by factors like the high expenses associated with 3D technology, a scarcity of 3D content, & health concerns, including motion sickness, eye disorders, and headaches.
Research Scope and Analysis
By Product
During the forecast period, the 3D display market's biggest market share is anticipated to be held by the stereoscopic displays segment in terms of product. This segment's growth is driven by its adoption across various industries such as gaming & entertainment, and finding applications in fields like academics, video games, animations, & movies, among others.
Moreover, advancements in autostereoscopic technology & the reduced costs of stereoscopic products also play an essential role in the growth of the overall market. Also, the HMD (Head-Mounted Display) segment is anticipated to show high growth throughout the forecast period, mainly due to its increasing popularity in fields like s science, engineering, & medicine.
By Technology
The 3D display market is categorized by technology, like LED, OLED, PDP, & DLP. Among all these, LED technology claims the majority share of the market in 2023. LED panels are regularly used as backlights to enhance image quality & provide fast responses. Many organizations in the 3D display market are vigorously working on creating LED-based displays for a variety of applications, including HMDs, smartphones, monitors, and TVs.
Further, during the forecast period, the OLED technology category is anticipated for a more significant expansion. The growth in OLED's popularity is connected to its growing use in different devices, delivering superior picture quality & performance in comparison to conventional displays. Furthermore, the increase in the presence of OLED in smartphones has been a driving factor for the growth of the OLED segment within the 3D display technology market.
By Application
Among all the applications of the 3D display, the TV segment is anticipated to be the major driving factor in the 3D display market during the forecasted period. A large part of this growth is owing to people shifting from going to movie theaters to enjoying entertainment at ease in their homes on computers or TVs, especially after the COVID-19 pandemic, which made TV manufacturers include 3D displays to their product offerings, giving more captivating viewing experience with better picture quality. CEMs (Consumer Electronics Manufacturers) are marketing these 3D display TVs as top-tier products with premium features, which is driving the growth of the TV segment.
Moreover, in the coming years, smartphones are set for significant growth in the 3D display market, which is driven by intense competition between smartphone makers striving to provide enhanced features & capture a larger share of the smartphone market. Additionally, the mobile gaming industry is introducing games that need better visual graphics, further fueling the expansion of the smartphone segment during the forecasted period.
The Global 3D Display Market Report is segmented based on the following:
By Product
- Stereoscopic Display
- Volumetric Display
- HMD (Head Mounted Display)
By Technology
- LED (Light Emitting Diode)
- OLED (Organic LED)
- DLP (Digital Light Processing)
- PDP (Plasma Display Panel)
By Application
- TV
- Monitor
- Smartphones
- Mobile Computing Devices
- Projectors
- Others
Regional Analysis
Among all the regions, the Asia Pacific region is taking the lead in the 3D display market in 2023, contributing about 32.7% of the global revenue, & the growth in the region is driven by high-tech advancements, the large use of smartphones, & significant adaptation of digital services.
The demand for 3D displays is also growing, owing to the increase in the desire for video games globally & the growth of 3D technology in, gaming, defense, entertainment & engineering simulations. These factors will continue to fuel the market in the coming years.
Moreover, the region is also anticipated to grow at an even higher rate in the coming future mainly due to changing consumer preferences & increase in their disposable incomes. Also, major tech companies like LG, Panasonic, Samsung, Sony, and Fujifilm have their presence in the region, which is further fueling the growth of the 3D display market in the Asia Pacific region.
By Region
North America
Europe
- Germany
- The U.K.
- France
- Italy
- Russia
- Spain
- Benelux
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- ANZ
- ASEAN
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Egypt
- Rest of MEA
Competitive Landscape
The 3D display market is highly competitive with many key majors in the mix. These companies work on making their products better by developing new things, investing in research & development, and having extra features to attract more customers & gain a bigger market share. They are also creating modern products like smart TVs and Ultra-HD 4K TVs to meet the needs of the customers.
Like, in August 2022, Sony introduced the A95K OLED TV, containing cognitive processor XR technology that improves the viewing experience & dedicatedly delivers content as intended by its creators. Actions like these help both individuals & companies in contributing positively to the overall growth of the 3D display market.
Some of the prominent players in the Global 3D Display Market are:
- Sony Corp
- Samsung
- LG Electronics
- Sharp Corp
- Panasonic Corp
- 3D Fusion
- Fujifilm Corp
- Mitsubishi Electric Corp
- Toshiba Corp
- AU Optronics
- Other Key Players
Recent Development
- April 2023: Sony launched the ELF-SR2 Spatial Reality Display, a larger 27-inch 4K-resolution model with face-tracking and glasses-free 3D technology, targeting professional creators, though its USD 5,000 price may limit enthusiast adoption.
- August 2023: Leia Inc. acquired Dimenco, a display technology innovator, uniting two 3D market leaders to expedite the broad adoption of immersive 3D experiences across different platforms & devices.
- September 2023: Lenovo introduced the ThinkVision 27 3D Monitor along with technologies, software, and accessories to enhance remote work capabilities, assisting businesses in digitizing operations & supporting content creators.
- October 2023: RayNeo launched the RayNeo X2 Lite smart glasses, the world's first full-color 3D display glasses powered by the Snapdragon AR1 Gen 1 Platform, providing high-quality AR experiences in an ultralight design of around 60 grams.
- August 2022: Sony launched the A95K OLED TV, featuring the cognitive processor XR technology, which enhances the viewing experience by dedicatedly delivering content as intended, contributing to the 3D display market's positive growth.
| Report Characteristics |
| Market Size (2023) |
USD 132.2 Bn |
| Forecast Value (2032) |
USD 667.1 Bn |
| CAGR (2023-2032) |
19.7% |
| Historical Data |
2017 - 2022 |
| Forecast Data |
2023 - 2032 |
| Base Year |
2022 |
| Estimate Year |
2023 |
| Report Coverage |
Market Revenue Estimation, Market Dynamics, Competitive Landscape, Growth Factors and etc. |
| Segments Covered |
By Product (Stereoscopic Display, Volumetric Display,
and HMD), BY Technology (LED, OLED, DLP, and PDP),
By Application (Tv, Monitor, Smartphones, Mobile
Computing Devices, Projectors, and Others) |
| Regional Coverage |
North America – The US and Canada; Europe – Germany, The UK, France, Russia, Spain, Italy, Benelux, Nordic, & Rest of Europe; Asia- Pacific– China, Japan, South Korea, India, ANZ, ASEAN, Rest of APAC; Latin America – Brazil, Mexico, Argentina, Colombia, Rest of Latin America; Middle East & Africa – Saudi Arabia, UAE, South Africa, Turkey, Egypt, Israel, & Rest of MEA
|
| Prominent Players |
Sony Corp, Samsung, LG Electronics, Sharp Corp,
Panasonic Corp, 3D fusion, Fujifilm Corp, Mitsubishi
Electronics Corp, Toshiba Corp, AU Optronics, and
Other Key Players |
| Purchase Options |
We have three licenses to opt for: Single User License (Limited to 1 user), Multi-User License (Up to 5 Users), and Corporate Use License (Unlimited User) along with free report customization equivalent to 0 analyst working days, 3 analysts working days and 5 analysts working days respectively.
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