3D Display Market: Global Industry Overview and Forecast (2024-2030) Trends, Dynamics, Segmentation

3D Display Market Overview:

Displays capable of producing three-dimensional (3D) images are a very effective area for research and development that is highly beneficial to a wide range of applications. The image that will be displayed may appear in 3D modeling data from the CAD software package, one of many medical imaging devices (such as MRI or CAT) or mathematical models of 3D programs, to name a few. By providing information in a natural format to the human viewer, the 3D display allows the viewer to share and translate images or designs in an accurate and productive way.

 

3D Display Market report examines the market's growth drivers and segments (Conductive Material, Application, End-User, and Region). Data has been provided by market participants and regions (North America, APAC, Europe, MEA, and South America). This market study takes an in-depth look at all of the significant advancements occurring across all industry sectors. To provide key data analysis for the historical period (2018-2022), statistics, infographics, and presentations are used. The report examines the 3D Display markets, Drivers, Restraints, Opportunities, and Challenges. This SMR report includes 3D Display investor recommendations based on a detailed analysis of the current competitive landscape of the 3D Display market.

 

3D Display Market Dynamics:

The growing demand for 3D technology in the home entertainment and gaming industries is expected to be one of the key trends in product marketing. The industry is expected to gain momentum in the near future by falling commodity prices, which is in line with rising global retail income. In the first phase of the epidemic, demand for televisions, smartphones, and other non-essential electronic devices saw a sharp decline as consumers delayed spending money on such products, which also affected the display market. However, as the lockdown closures were lifted, demand for consumer electronics products such as televisions, smartphones, laptops, and computers saw an increase due to online schooling and homework.

 

The gaming industry has seen significant changes over the past few years in terms of technology, sports knowledge, and graphics. The industry aims to develop a complete gaming experience with 3D technology, which also promotes market growth. In addition, a growing interest in OLED and LED technology, which offers improved image quality and improved performance compared to conventional display technology, is expected to benefit the entire market.

 

The emergence of consumer preferences and awareness about high-definition technology has led to the expansion of the industry. The increasing adoption of digital cinema screens that can deliver a 3D viewing experience and a growing consumer trend towards 3D movies is estimated to expand the market. The increasing inclusion of these displays on many devices such as monitors, smartphones, TVs, PC books, and digital photo frames is also ready to play a significant role in market growth.

 

Emerging economies including India and China are likely to have significant growth in the forecast period due to the increase in the middle-class population and the improvement of living standards. Projects and monitors, among the key applications of 3D displays, are expected to record a sharp rise in sales in the near future due to changing consumer preferences and the growing demand for high-definition images. High costs, coupled with a lack of 3D content and health-related issues such as headaches, nausea, and movement and eye disorders, are expected to disrupt market growth.

 

 

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3D Display Market Segment Analysis:

On the basis of Products, part of the stereoscopic shows is estimated to hold the largest market share during the forecast period. This can be attributed to the widespread use of the entertainment and gaming industries in a variety of applications such as movies, cartoons, scholars, and video games. In addition, advances in autostereoscopic technology and reduced costs of stereoscopic products contribute to partial growth.

 

The global 3D display market exceeded USD 27.0 billion by 2023 and is expected to prove significant growth over the forecast period. These products have the ability to produce a real 3D image, which can be viewed by users without headgear. This is ideal for promoting discovery at events, art galleries, and more.

 

The product component of head mounted displays (HMD) is likely to register a high CAGR of 23.7% over the same period, due to its growing popularity in fields such as science, engineering, and medicine. The growth of the segment may be due to the rapid development of technology and the decline in prices of 3D displays.

 

By Technology: the LED technology segment had a significant share of all market capitalization by 2023. LED panels are widely used as background lighting solutions to improve image quality and get a faster response. Many market players are focused on building LED-based displays for many applications, including TVs, smartphones, monitors, and HMD. The component, along with OLED, is ready to enter DLP-based technology stocks.

 

Part of OLED technology is likely to show a very high CAGR of more than 25.4% during the forecast period. The growth of the segment may be due to increased availability across all different devices and improved image quality and performance compared to conventional displays.

 

By Applications: TV has become a major source of revenue for 2023. The change in consumer preferences from watching movies in theatres to watching them at home on TV or computers has encouraged TV producers to focus on 3D display as a value addition to their products. These TVs offer a better visual impact, offer improved image quality, and healthier devices with premium features. Consumer Electronics Manufacturers (CEMs) strives to classify 3D-based TVs as high-end devices with premium features.

 

The HMD segment is expected to grow at a very high CAGR during the forecast period. The increasing use of HMD and smart mirrors in all applications in various industries fills the growth of the segment.

 

Half of the smartphones are expected to send a CAGR of 21.8% at the same time, due to the growing technology integration of mobile devices. Lifestyle changes force people to buy high-end smartphones, which in turn leads to the adoption of 3D displays. In addition, manufacturers of original equipment (OEMs) have focused on 3D data visualization solutions for mobile devices, thereby boosting market growth.

 

 

3D Display Market Regional Insights:

Technological advances, the increasing penetration of smartphones, and the high level of acceptance of digital services are key factors contributing to regional market growth. The growing demand for video games in the region is reviving the acceptance of stereoscopic displays. Increasing the use of 3D display technology in entertainment, games, defence, and engineering simulations will also strengthen the market in the forecast period.

 

However, Asia Pacific is estimated to emerge as a fast-growing region at the same time, due to changing consumer preferences and rising domestic revenue. The presence of major technology players such as Samsung Electronics, LG Electronics, Panasonic Corporation, Sony Corporation, and Fujifilm Holdings Corporation also supports market growth.

 

Meanwhile, North America region is expected to perform the at a CAGR of 22.3% therefore the North America is expected to grow at an accelerating pace in regional market in the forecasted period of 2024-2030.

 

The objective of this report is to present an in-depth analysis of the 3D Display Market to industry stakeholders. The report provides the recent trends in the 3D Display Market and how these factors will impact on new business investment and market enhancement during the forecast period. The report also provides an understanding of the potential of the 3D Display Market and the competitive structure of the market by analyzing market leaders, market fans, and regional players.

 

The quality and quantity data provided in the 3D Display Market report assist the readers to understand which market Conductive Materials, regions are expected to grow in value, market factors, and key opportunity areas, which will impact industry growth and predictable market growth with respect to time. The report includes the competitive status of key competitors in the industry and their recent developments in the 3D Display Market. The report also provides a comprehensive set of factors such as company size, market share, market growth, revenue, production capacity, and profits of key players in the 3D Display Market.

 

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Market. The report also analyses if the 3D Display Market is easy for a new player to gain an edge in the market, do they come and go in the market regularly if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political factors that help in analyzing how much a government can impact the Market. Economic variables assist in the calculating economic performance drivers that can affect the Market. Analyzing the impact of the overall environment and the impact of environmental concerns on the 3D Display Market is aided by legal factors.

 

3D Display Market Scope:

3D Display Market
Market Size in 2023	USD 153.94 Bn.
Market Size in 2030	USD 529.47 Bn.
CAGR (2024-2030)	19.3%
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By Products Volumetric Stereoscopic Head Mounted Display (HMD)
	By Technology DLP PDP OLED LED
By Component	By Applications TV Smartphones Monitor Mobile Computing Devices Projectors Head Mounted Display (HMD) Others
Regional Scope	North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America

 

3D Display Market Key Players

1. Samsung Electronics (South Korea)
2. LG Electronics (South Korea)
3. Panasonic Corporation (Japan)
4. Sony Corporation (Japan)
5. Sharp Corporation (Japan)
6. Toshiba Corporation (Japan)
7. Fujifilm Holdings Corporation (Japan)
8. AU Optronics Corp. (Taiwan)
9. Coretec Group, Inc. (US)
10. 3DFusion (India)
11. Mitsubishi Electric Corporation (Japan)