3D Display Market Research Report, By Technology (Light Emitting Diode, Organic Light Emitting Diode, Digital Light Processing, Plasma Display Panel), By Application (TV, Smartphone and Tablet, Monitor, Head Mounted Display) — Forecast till 2023
— Market Overview:
Be it entertainment or the latest gadget, the way we see things has been revolutionized with 3D displays. The technology is helming the display aspect of a number of industries for quite some time now. It has successfully percolated in industries such as electrical & electronics, entertainment, advertising and more. The technology is gaining the upper hand in diverse sectors by adding a sense of depth in the visual rendition of events.
The global 3D Display Market is expecting a robust CAGR during the forecast period (2016-2027) owing to its sharp and high-resolution contents which enhance the viewing experience. Market Research Future (MRFR) in its report on 3D display market includes the impact of the gaming industry on the growth of 3D display industry.
Also, commercialization of the system in advertising and broadcasting systems have found mentions in the report as major influencers. Its impact on the consumer behavior pattern is so profound that many associated sectors such as smartphones, tablets, and monitors are expected to usher in profits in for themselves by taking leaps in innovation.
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The intense competition that the market is witnessing can be attributed to tactical moves that the companies employ to stay ahead of each other. For instance, Toshiba and Western Digital have agreed to settle their global score and strengthen their 3D flash memory. The former has also made a pact with Synopsys to accelerate the verification process of the 3D flash memory. These instances are proof of strategies boosting market growth.
Some of the major players in global 3D display market include LG Corporation (South Korea), Panasonic Corporation (Japan), Samsung Electronics (South Korea), Sony Corporation (Japan), Universal Display Corporation (U.S.), HannStar Display Corporation (Taiwan), Toshiba Corporation (Japan), Innolux Corporation (Taiwan), Fujifilm Corporation (Japan) and Dimenco (Netherland) among others.
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Continental's 3D Touch Surface Display combines a unique visual appearance with a new operating concept to enhance the user experience and increase safety. It incorporates haptic finger guidance which allows drivers to perform instinctively without looking away from the road.
Researchers from Queen’s University in Ontario have developed a system that could transmit a full-size, 360° image of a human being that can be seen without any gadgets. It is a step forward in the direction of ultra-realistic telepresence. The system has been named TeleHuman-2.
• The global 3D display market can be segmented by technology, devices, and application.
• Technology-wise segmentation of the 3D display market includes digital light processing (DLP), plasma display, organic light-emitting diode (OLED) and light-emitting diode (LED), and others.
• Based on devices, the 3D display market includes stereoscopic, volumetric, multi-view and head-mounted display (HMD), and others.
• Application-based segmentation of the 3D display market includes consumer electronics, automotive, healthcare, entertainment, and others.
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Geographical analysis of the 3D display market includes the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas are witnessing the maximum growth based on diverse parameters that measure the generated revenue. The region has a robust infrastructure and is spending substantially for research and development. Associated markets are also benefitting much from 3D display markets latest progressions and are expanding the horizon further for 3D display market to flourish.
The APAC region can also experience fast growth. Several market behemoths operate from the region which gives the regional market a unique advantage. Rising intake of consumer electronics can be considered as a boon for the 3D display market. Furthermore, advertising and broadcasting sectors are fast adopting the technology to reach to a wider audience by breaking the traditional age-old practices in the field. Europe, with superior infrastructure, can also enjoy significant growth.
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