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The Asia Pacific light field market is expected to witness a high growth in the coming future owing to increasing adoption of advanced imaging and 3D modeling technologies in several industrial segments. The automobile industry in Japan is flourishing at a high pace with the development of new and advanced technologies such as connected cars. The incorporation of the HUDs into these vehicles for guiding the path and destination with the help of holographic technology is driving the demand for the technology in the light field market.Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2664
Latin America light field market is anticipated to grow at a CAGR of over 16% over the forecast timespan. AR & VR technologies are experiencing a high adoption in the Latin America in several application segments such as retail, hospitality, and automotive. Countries such as Brazil, and Mexico are the major economies, which are witnessing a high growth in these sectors, thereby driving the light field market.
The growing retail sector in Latin America is forcing the retailers to adopt new strategies to gain a competitive advantage. With this, they are leveraging the proliferation of AR/VR technologies. The technology is bringing in a new interactive shopping and brand engagement experience to consumers in retail. With increasing online shopping, brick-and-mortar retail stores are introducing interactive experience devices such as VR/AR and mixed reality technology to improve the shopping experience.
In the light field market, media & entertainment application is witnessing a high adoption of this technology in several application areas such as gaming, theatres and amusement parks and accounted for over 25% of the overall industry share in 2017. Manufacturers engaged in gaming industry are enhancing the experience of their customers by integrating VR into games. Several players are developing AR-based gaming & entertainment products such as Spectral Games S.A., which have integrated the technology in their games. Some of the major AR/VR-based games of the company include KnightFall AR, Crime Scene AR, Fury of the Gods, and Hot Wheels: Track Builder.
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The applications of this technology in the healthcare sector are expected to accelerate light field market demand. Several medical devices or equipment use this technology for 3D imaging and scanning of human body or parts. The displays or cameras using this technology in healthcare devices help doctors to analyze the diseases to a micro level with improved clarity and picture quality. These healthcare sectors are incorporating VR technology for the treatment of several mental or retinal illnesses in human beings. These VR solutions are incorporated with this technology, which is anticipated to drive light field market share.
Major players participating in the light field market are Toshiba Corporation, Avegant Corp., Google LLC, FoVI 3D, Inc., Holografika, Light Field Lab, Japan Display, Inc., Nvidia Corporation, Lumii, Inc., Panasonic Corporation, OTOY, Inc., Ricoh Innovations Corporation, Raytrix GmbH, Sony Corporation, and Samsung Display Co., Ltd., among others. These players are offering diversified offerings in the market, allowing them to compete and offer their solutions to the customer base. These players are witnessing a great opportunity in the market due to the lesser adoption and awareness of the technology among customers, allowing them to become market leaders by offering advanced solutions.
Browse key industry insights spread across 155 pages with 160 market data tables & 23 figures & charts from the report, “Light Field Market Size By Technology (Imaging Solution [3D Mapping & Modeling, 3D Rendering, 3D Scanning, Image Reconstruction, Layout & Animation], Light Field Display), By Application (Aerospace & Defense, Architecture & Engineering, Automotive, Entertainment & Media, Healthcare, Industrial, Retail), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, GCC, Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/light-field-market
Table of Contents (ToC) of the report:
Chapter 5 Light Field Market, By Application
5.1 Key trends by application
5.2 Aerospace & defense
5.2.1 Market estimates and forecast, 2015 – 2024
5.3 Architecture & engineering
5.3.1 Market estimates and forecast, 2015 – 2024
5.4 Automotive
5.4.1 Market estimates and forecast, 2015 – 2024
5.5 Entertainment & media
5.5.1 Market estimates and forecast, 2015 – 2024
5.6 Healthcare
5.6.1 Market estimates and forecast, 2015 – 2024
5.7 Industrial
5.7.1 Market estimates and forecast, 2015 – 2024
5.8 Retail
5.8.1 Market estimates and forecast, 2015 – 2024
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/light-field-market
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