Volumetric 3D Displays Market by Display Type, Component, End-Use Industries

Description

List of Tables

[186 Pages Report] The Volumetric 3D Displays Market size was estimated at USD 553.98 million in 2023 and expected to reach USD 696.07 million in 2024, at a CAGR 26.67% to reach USD 2,898.91 million by 2030.

Volumetric 3D displays refer to a type of display technology that projects three-dimensional imagery into a physical volume of space, enabling users to view and interact with the graphics without the need for special eyewear. Unlike conventional 2D screens or stereoscopic displays, volumetric 3D displays are not limited to showing images on a flat plane and are capable of producing visual content that occupies a three-dimensional space, offering a true 360-degree viewing experience. The need for advanced diagnostic tools and imaging technologies drives has driven the need for volumetric 3D displays. Additionally, the adoption of volumetric 3D imaging to facilitate learning in classrooms and universities and enabling simulation activities for military training has further cemented the growth of the technology. However, the lack of skilled personnel who can work with the advanced volumetric 3D displays has hampered the adoption of the technology. Additionally, difficulties related to brightness, viewing angles, and volumetric resolution pose challenges to user experience and can also impede the growth of the industry. However, key players are exploring the development of more efficient algorithms and processing units capable of handling the immense data requirements of volumetric rendering. Furthermore, the creation of intuitive user interfaces that allow users to interact with the volumetric images in real time can create new avenues of growth for volumetric 3D displays.

KEY MARKET STATISTICS
Base Year [2023]	USD 553.98 million
Estimated Year [2024]	USD 696.07 million
Forecast Year [2030]	USD 2,898.91 million
CAGR (%)	26.67%

Display Type: Ability of static volume display to create high-resolution images

Static volume display technology involves a volumetric display medium where the image space is not moving. These displays typically involve a solid block or chamber filled with a material where the voxel (3D pixel) activation happens throughout the space. Compared to swept volume displays, static volume displays typically offer higher-resolution images due to the stable nature of the display medium. Swept volume display technology involves rapidly moving a 2D display surface through a 3D space, creating the illusion of a 3D image. The display surface can involve a rotating LED array or a projection onto a moving diffuser, which forms an image that appears to hover in mid-air as it sweeps through the volume.

Component: Need for optimum brightness and contrast levels in projector components of the volumetric 3D displays

Mirrors play a crucial role in the mechanism of volumetric 3D displays, particularly in systems that use a swept-surface or varifocal approach. They are used to reflect and sometimes direct the image toward the viewer from different angles, creating the illusion of depth. The motor in a volumetric 3D display system is responsible for the movement of certain components, such as spinning the mirror or moving the entire image plane. This is fundamental in creating the volume where the 3D image is displayed. Position sensors are crucial for feedback control in a volumetric display system. They ensure that the mirrors or other components are in the correct position as they rotate or move to create the 3D image. The projector is the image source in most volumetric 3D displays. It generates the 2D slices that make up the final 3D image when projected onto the volumetric medium.

End-Use Industries: Rising adoption of volumetric 3D displays to facilitate education and training in universities

Within aerospace and defense, volumetric 3D displays are primarily used for simulation, training, and mission planning. They offer enhanced situational awareness and data visualization capabilities, which are imperative in control centers and in the field. Distinct need-based preferences include high-fidelity imagery, robustness, and secure data handling. The automotive industry uses volumetric 3D displays for design, development, and marketing showcases. The need for collaboration in design studios and the ability to visualize complex components in 3D without wearable technology or devices are key preference drivers. Volumetric 3D displays enhance the learning experience by providing interactive 3D visualizations for education and training. They are used in science, technology, engineering, and mathematics (STEM) applications and in specialized professional training programs. The key preference here is ease of use and the ability to facilitate complex concepts through immersive visuals. The media, communication, and entertainment sectors are rapidly adopting volumetric 3D displays for advertising events, home entertainment, and interactive exhibits. These industries prioritize high-resolution imagery, vibrant color depth, and the ability to captivate audiences. In the medical industry, volumetric 3D displays are crucial for visualizing complex anatomical structures for educational, diagnostic, and preoperative planning purposes. Accuracy, reliability, and the ability to increase the surgeon's understanding of patient-specific anatomy are highly valued.

Regional Insights

The Americas, particularly the United States and Canada, present a significant market for volumetric 3D displays due to the strong presence of high-tech companies, a robust entertainment industry, and a consumer base that is receptive to new technologies. The Americas region has a well-established infrastructure for advanced research and development, with Silicon Valley being a global innovation hub. Market players have also explored developments such as multi-view 3D displays. European Union countries have a diverse market with widespread technological advancements and an increasing interest in immersive technologies. The EU's strong regulations on consumer electronics and several R&D initiatives in the technological sector have driven innovations in volumetric 3D display technologies. European consumers are typically concerned with sustainability and energy efficiency, which influences purchasing decisions. The APAC region presents significant demand for volumetric 3D displays, with China's massive consumer electronics sector leading the demand. China's and India's significant investments in R&D and growing patent filings in display technology underscore the country's commitment to becoming a major region in the field. Japan maintains its reputation for innovation in consumer electronics and has been at the forefront of 3D display development.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Volumetric 3D Displays Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Volumetric 3D Displays Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Volumetric 3D Displays Market, highlighting leading vendors and their innovative profiles. These include Alioscopy, Burton Inc., Fursol, Holografika Kft., Holotronica Ltd., Holoxica Ltd., HYPERVSN, LedPulse, Leia Inc., Liantronics Co., Ltd., LightSpace Technologies, Ltd., Looking Glass Factory, Inc., Lumi Industries, Samsung Electronics Co. Ltd., SeeReal Technologies S.A., Shenzhen Smax Screen Co. Ltd., The Coretec Group, Virtual On Ltd., Voxon Photonics, and Wammes & Partner GmbH.

Market Segmentation & Coverage

This research report categorizes the Volumetric 3D Displays Market to forecast the revenues and analyze trends in each of the following sub-markets:

Display Type
- Static Volume Display
- Swept Volume Display

Component
- Mirror
- Motor
- Position Sensors
- Projector

End-Use Industries
- Aerospace & Defense
- Automotive
- Education & Training
- Media, Communication, & Entertainment
- Medical

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Volumetric 3D Displays Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Volumetric 3D Displays Market?

3. What are the technology trends and regulatory frameworks in the Volumetric 3D Displays Market?

4. What is the market share of the leading vendors in the Volumetric 3D Displays Market?

5. Which modes and strategic moves are suitable for entering the Volumetric 3D Displays Market?

Product Code: MRR-5E379171F846

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Need for imaging technologies and diagnostics tools in the medical industry
  - 5.1.1.2. Growing customer preference for home entertainment
  - 5.1.1.3. Increasing military expenditure to accelerate training and simulation
- 5.1.2. Restraints
  - 5.1.2.1. Lack of skilled personnel and difficulty in working with volumetric 3D displays
- 5.1.3. Opportunities
  - 5.1.3.1. Advancements to improve the performance and accuracy of volumetric 3D displays
  - 5.1.3.2. Inclination toward the adoption of the metaverse and AR/VR technologies in diverse sectors
- 5.1.4. Challenges
  - 5.1.4.1. Technical limitations of volumetric 3D displays
5.2. Market Segmentation Analysis
- 5.2.1. Display Type: Ability of static volume display to create high-resolution images
- 5.2.2. Component: Need for optimum brightness and contrast levels in projector components of the volumetric 3D displays
- 5.2.3. End-Use Industries: Rising adoption of volumetric 3D displays to facilitate education and training in universities
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Volumetric 3D Displays Market, by Display Type

6.1. Introduction
6.2. Static Volume Display
6.3. Swept Volume Display

7. Volumetric 3D Displays Market, by Component

7.1. Introduction
7.2. Mirror
7.3. Motor
7.4. Position Sensors
7.5. Projector

8. Volumetric 3D Displays Market, by End-Use Industries

8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive
8.4. Education & Training
8.5. Media, Communication, & Entertainment
8.6. Medical

9. Americas Volumetric 3D Displays Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Volumetric 3D Displays Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Volumetric 3D Displays Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Illumetry Unveils its New 'Illumetry EOS' 65-inch Holographic Display Device
- 12.3.2. The Coretec Group Provides the Latest Updates on its CSpace Technology Partnership with The University of Adelaide
- 12.3.3. Accenture Invests in Forma Vision to Bring 3D Volumetric Video to the Metaverse
12.4. Strategy Analysis & Recommendation

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio