Global $14 Billion 3D Displays Market Trajectory & Analytics to 2025: Growing Penetration of AR/VR Technologies Paves Way for Increased Acceptance of 3D Displays
Press release content from Business Wire. The AP news staff was not involved in its creation.
DUBLIN–(BUSINESS WIRE)–Oct 8, 2020–
The
“3D Displays – Global Market Trajectory & Analytics”
report has been added to ResearchAndMarkets.com’s offering.
The global market for 3D Display is projected to reach US$14 billion by 2025, driven by the growing value of digital immersion in the current era of digitization of everything and the ensuing rise of the tele-world.
Virtual presence is the precursor to virtual immersion and is the foundation for growth in the market. Telepresence, telework, and telecommuting require engaging visual aids.
Virtual immersion is rapidly permeating businesses environments and consumer lives with the rise of virtual reality (VR) and augmented reality (AR) technologies. Virtual presence enabled by VR is creeping into architecture, real estate, hospitality, tourism, education, entertainment and healthcare, among others. Combination of telepresence with VR, haptic feedback, sensors for a more sensory experience and innovative displays are vital for virtual presence and immersion.
At the heart of the VR concept is enabling the perception of 3D graphics. In this regard, 3D display technologies will emerge as a major winner given the importance of the visual element in navigating the digital experiences. 3D displays perfectly complement digital immersion and virtual 3D environment and experiences as it enables effective manipulation of the senses and creates a believable illusion via visual sense, while simultaneously offering as-close-to-reality-as-possible experiences.
3D displays in consumer TVs was however a failure and giants such as LG and Sony stopped manufacturing 3D TVs in 2016 and dropped support from 2017 onwards. Few of the factors leading upto the death of 3D TVs include high costs; need for expensive glasses; incompatible an non-interchangeable glasses for different TV brands; launch of TVs with 2D to 3D conversion that resulted in poor quality 3D experience as compared to native 3D; incompatibility of the 3D technology with live TV shows; lack of initiatives to include 3D into 4K standards; huge quality experience gap between 3D on a TV and 3D on a video projector; poor retail experience with retailers being ill prepared for promoting the 3D concept.
Despite the fall of 3D TVs, hitherto a major application area, 3D displays are witnessing robust growth in other application areas. The need for immersive graphical user interfaces remains strong in other application areas such as head mounted displays, smartphone displays, monitors to mobile computing devices. Video games/entertainment, healthcare, manufacturing, real estate, retail, military, and education will all emerge to generate demand opportunities for 3D displays.
Immersive Gaming will bring 3D VE/AR head-mounted display new commercial opportunities, while Immersive Healthcare will open a goldmine of opportunities for virtual healthcare tools. Also, growing investments in immersive technologies in automotive, manufacturing and utilities to deliver better efficiency, productivity and safety will set the stage for the explosion of 3D display technology. The many benefits of Consumer Immersion and Immersive Marketing will create a strong 3D digital signage market, while immersive VR education will be way educational content will be delivered and consumed globally. In the military sector, Virtual Battlefield Training to prep the army for the future of war will bring in attractive opportunities for 3d displays in military training and combat simulations.
Serval technology innovations are helping 3D displays gain commercial momentum such as development multicolor holography technology; R&D in new nanotechnology based liquid crystal pixel structure that enables development of 3D LCDs; and rise of diffractive optics and glasses-free 3D image visualization. The United States and Europe represent large markets worldwide with a combined share of 52.9%. China is a major market supported by the county`s efforts to emerge into a global leader in digital technologies.
The consumer electronic industry is especially witnessing the rise of connected devices, and digital media content. VR content is projected to emerge into a multi-billion dollar industry in the country by 2020 reaching approximately US$4.8 billion. Riding on this opportunity VR headset use will surpass over 95 million over the next couple of years. Against this backdrop demand for 3D displays including naked eye 3D display, and 3D holographic projector display are all poised for healthy growth.
Competitors identified in this market include, among others:
The Coretec Group Inc.
CSOT
Dimenco B. V.
Innolux Corporation
LG Display Co., Ltd.
Nikon Corporation
Panasonic Corporation
Samsung Display Co., Ltd.
Sharp Corporation
Sony Corporation
Toshiba Corporation
ViewSonic Corporation, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
3D Display – An Introduction
Types of 3D Displays
Volumetric Display
Head-Mount Display
Stereoscopic Display
Technology Insight
Digital Light Processing (DLP)
Organic Light Emitting Diode (OLED)
Plasma Display Panel (PDP)
Light Emitting Diode (LED)
End Use Industries: Brief Overview
Consumer Electronics
Entertainment
Aerospace and Defense
Medical
Automotive
Retail
Advertising
Growing Adoption in Diverse Industries to Impel 3D Display Market
Overview of the 3D Display Industry
Stereoscopic Displays: Primary 3D Display Type
LED Represents the Major Technology for 3D Displays
3D Technology Market Driven by Consumer Electronics Segment
Declining Interest in 3DTVs: Curtain Falls on the Impelling Technology
Global 3D Display Market by Application (2009 to 2017): Historic Review in US$ Million for TV and Other Applications
HMD: Fastest Growing Application Type
Market Outlook
Regional Insights
Competition: Participants’ Focus on Product Innovation
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Tracing the History of 3D Movies and 3D Television
Technologies for Displaying 3D Pictures
Technologies for Producing 3D Video
3D Televisions: An Overview of the Key Breakthrough Device of Recent Past
Global TV Market by Type (2013, 2015, 2017 & 2019): Percentage Breakdown of Unit Shipments for Smart TVs and Conventional TVs
Efforts for Standardization of 3D TV over the Years
3DTV Standards from DVB
The Original 3D Channels
The First 3D Shows and Episodes
Researchers Develop Home3D Prototype to Revive 3D TV
Efforts to Bring 3D TV Back
3D Holds Bright Future in Global Cinema Market
Rapidly Rising Demand for Consumer Electronics – Key Growth Driver for 3D Technology
Breakdown of the Global Electronics Industry Size (in US$ Billion) for the Years 2015 & 2019
Global PC Market by Type (2012, 2016 & 2020): Percentage Breakdown of Annual Unit Shipments for Desktop PCs, Notebook PCs, and Tablet PCs
Smartphones Find Favor with 3D Technology
Global Mobile Device Market by Type (2010-2020): Percentage Breakdown of Shipments for Phablets, Non-Phablet Smartphones, and Tablets
World Market for Smartphones (2016, 2018 & 2022): Breakdown of Sales in Million Units by Geographic Region/Country
Automotive Displays Market Holds Strong Growth Prospects
Global Automotive Display Market (2019): Percentage Breakdown of Demand by Display Type
Global Number of Connected Cars Shipped (in 000 Units) for the Years 2017, 2019 and 2022
Growing Penetration of AR/VR Technologies Paves Way for Increased Acceptance of 3D Displays
Global AR/VR Software Opportunity in 2025 (In US$ Billion), the Harbinger of the Coming Era of Digital Immersion
Head-Mounted Displays – A Niche and Fast-emerging Application Area
World Automotive HUDs (in US$ Million) for the Years 2017, 2019 & 2022
HD 3D Display (Glass-Free) Market Scenario
Latest Advancements to Make Glasses-Free 3D Viable
Stereoscopic Devices at the Crossroads
Downfall of Stereoscopic Devices in Home Entertainment: Contributing Factors
3D Volumetric Displays to Support Medical Imaging & Training
3D Display Technology Innovations Impacting Consumer Sector
Innovations in the 3D Technology Industry
Technological Innovations to Enable 3D Displays with True Effects
Innovative 3D Displays to Offer Engaging Holograms
Holographic Technology to Warrant Attention across Numerous Industries
Advances in Holographic Technology
Innovative Applications Areas of 3D Holograms
An Insight into 3D Holographic Technologies
Electronics Based on Holography
Present Application Areas
Holographic TVs Likely to Become Reality in the Future
Issues and Solutions
Select Statistical Data Compendium
Global Next-Generation Displays Market by Product (2019): Percentage Breakdown of Value Sales for 2D One-Sided Display, 3D Display, Double-Sided Display, Flexible Display, Midair Display, Touchscreen Display and Transparent Display
Global Interactive Displays Market by Product Type (2019): Percentage Share Breakdown of Value Sales for Interactive Flat Panel Displays, Interactive Projectors, and Interactive Whiteboard Displays
Global Flexible Displays Market (2016, 2018, 2020 & 2022): Shipment of Flexible Displays in Million Units
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 63
For more information about this report visit
https://www.researchandmarkets.com/r/zc4118
View source version on businesswire.com:
https://www.businesswire.com/news/home/20201008005550/en/
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD:
INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE
SOURCE: Research and Markets
Copyright Business Wire 2020.
PUB: 10/08/2020 08:21 AM/DISC: 10/08/2020 08:21 AM
http://www.businesswire.com/news/home/20201008005550/en
