3D Display Market Size, Statistics and Data Analysis 2028
The 3D display market was valued at US$ 575.09 million in 2021 to reach US$ 3,290.83 million by 2028; it is estimated to register a CAGR of 28.3% from 2021 to 2028.
Consumer electronics, automotive, medical, military & defense, industrial, media & entertainment, gaming are among the potential markets for 3D displays. Additionally, growth in entertainment and gaming industries positively impacted the 3D display market as the number of cinema screens has increased significantly, i.e., ~125,000 in 2021 cinema screens have begun operating on a digital platform globally. Moreover, the rising adoption of augmented reality in various medical applications to improve the vision capabilities of surgeons, decrease operation time, and pre-operative planning is creating opportunities for the 3D display market. For instance, in May 2020, Ocutrx Vision Technologies, LLC has announced the development of its new surgery visualization theater, “Ocutrx OR-Bot,” which is equipped with a 3D 8K display monitor to operate surgical tools. However, the continuous investments especially in autostereoscopic 3D display solutions and growing number of partnerships between market players and end users to develop advanced holographic and volumetric 3D display systems for a wide range of applications are among the factors driving the growth of global 3D display market.
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3D Display Market: Strategic Insights
3D Display Market
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CAGR (2021 - 2028)
28.3%
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Market Size 2021
US$ 575.09 Million
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Market Size 2028
US$ 3,290.83 Million
Market Dynamics
GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Key Players
- AU OPTRONICS CORP
- Innolux Corporation
- LG Electronics
- Mitsubishi Electric Corporation
- Panasonic Corporation
- Samsung Group
- Sharp Corporation
- Looking Glass Factory Inc
- Light Field Lab Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Stereoscopic 3D Display and Autostereoscopic 3D Display
Technology
- Digital Light Processing
- Organic Light Emitting Diode
- Light Emitting Diode
Application
- Consumer Electronics
- Automotive
- Medical
- Advertising
- Retail
- Military and Defense
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
3D Display Market: Strategic Insights
-
CAGR (2021 - 2028)28.3% -
Market Size 2021
US$ 575.09 Million -
Market Size 2028
US$ 3,290.83 Million
Market Dynamics
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- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
Key Players
- AU OPTRONICS CORP
- Innolux Corporation
- LG Electronics
- Mitsubishi Electric Corporation
- Panasonic Corporation
- Samsung Group
- Sharp Corporation
- Looking Glass Factory Inc
- Light Field Lab Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type - Stereoscopic 3D Display and Autostereoscopic 3D Display
Technology - Digital Light Processing
- Organic Light Emitting Diode
- Light Emitting Diode
Application - Consumer Electronics
- Automotive
- Medical
- Advertising
- Retail
- Military and Defense
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Impact of COVID-19 Pandemic on 3D Display Market
The COVID-19 crisis affected industries worldwide, and the global economy took the worst hit in 2020, which is likely to continue in 2021. The outbreak created significant disruptions in primary industries such as automotive, retail, and consumer electronics. The sharp decline in electronics and manufacturing industries is impacting the growth of the global 3D display market. North America is one of the most favorable region for the adoption and growth of new technologies due to supporting government policies to boost innovation, presence of huge industrial base, and high purchasing power especially in developed countries such as the US and Canada. North America is home to a large number of manufacturing and technology companies, and thus the impact of COVID-19 outbreak had been quite severe till mid-2021. The region is expecting market recovery and economic improvement with the COVID-19 vaccination drives.
Market Insights – 3D Display Market
Growing Number of Industry Partnerships to Boost Market Growth
The current key application areas of 3D displays are marketing and advertising sectors. Medical, automotive, and defense are expected to be among the potential areas for 3D displays. The prospective application areas of 3D display technologies could be unprecedented in number depending on the positive growth and technology development in the market.
Type-Based Insights
Based on type, the 3D display market is segmented into stereoscopic 3D display and autostereoscopic 3D display. The autostereoscopic 3D display segment held a larger market share in 2021.
Players operating in the 3D display market are mainly focused on the development of advanced and efficient products.
- In April 2021, AUO launched stunning series of ALED Displays at Touch Taiwan 2021 with world-leading micro LED technology and applications on showcase.
- In September 2021, Samsung's stretchable display can turn 2D content into moving 3D scenes.
3D Display Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 575.09 Million |
| Market Size by 2028 | US$ 3,290.83 Million |
| Global CAGR (2021 - 2028) | 28.3% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
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| Regions and Countries Covered | North America
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| Market leaders and key company profiles |
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The 3D display market is segmented into type, technology, application, and geography. Based on type, the market is segmented into stereoscopic 3D display and autostereoscopic 3D display. In 2021, the autostereoscopic 3D display segment led the 3D display market and accounted for the largest market share. Based on technology, the market is categorized into digital light processing, organic light emitting diode, and light emitting diode. In 2021, the digital light processing segment led the 3D display market and accounted for the largest market share. Based on application, the market is segmented into consumer electronics, automotive, medical, advertisement, retail, military & defense, and others. In 2021, the consumer electronics segment led the 3D display market and accounted for the largest market share. Geographically, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, North America accounted for a significant share in the global market.
Some of the major vendors in the global 3D Display Market includes the companies such as AU OPTRONICS CORP, Innolux Corporation, LG Electronics, Mitsubishi Electric Corporation, Panasonic Corporation, Samsung Group, Sharp Corporation, Looking Glass Factory Inc, Light Field Lab Inc, Leia Inc, Sony, Toshiba Corporation, and Fujifilm Corporation.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Technology, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The 3D display have been in use for several years worldwide, however, the technology has been experiencing immense demand in recent years. Potential applications of advanced 3d display technologies in end-user industries is supporting the growth of 3D display market.
The major companies in 3D display includes Samsung, AU Optronics Corp., HYPERVSN, LEIA INC., and Holografika. The ranking has been derived analysing multiple parameters such as annual revenue earned from 3D display portfolio, client base, geographic locations, R&D expenditure, brand image, and number of employees, among others. These companies are actively participating in developing 3D display for various applications.
The present 3D display market is in its nascent stages of growth cycle and companies operating in this market are investing heavily in research and development to bring successful 3D display systems to the commercial market. Medical, automotive, and defense are expected to be some of the largest growth potential areas for the demand of 3D displays worldwide. The prospective application areas of 3D display technologies could be unprecedented in number depending on the positive growth and technology development in the market.
US held the largest share in North America region. The US is a technologically advanced country that adopts technologies at an early phase. The rising number of 3D cinemas, increasing penetration of smart TVs and digital video games users, and others are expected to drive the market growth. Moreover, the increasing demand for 3D display technology is rising in the defense industry due to its wide adoption in creating awareness in education and battlefield monitoring applications.
The global 3D display market was dominated by autostereoscopic 3D display segment accounted for the largest share in 2021 and the testing services segment is anticipated to be one of the fastest growing segments during the forecast period. The autostereoscopic 3D display segment is anticipated to flourish during the forecast period, owing to the benefits of viewing 3D content without the use of special hardware, coupled with growing need for creating impressive and profound experience to reach the target audience, and increasing investment and product development by market players.
In 2021, North America led the market with a substantial revenue share, followed by APAC and Europe. The rising adoption of innovative technologies for movies has been immensely increased in the region. The media & entertainment industry is looking forward to implementing glasses-free 3D technology for enhanced consumer experience. For instance, the Oscar-winning movie “Avatar†was made in 3D; it has broken the box-office records. Back then, the movie was viewed with 3D glasses.
The List of Companies - 3D Display Market
- AU OPTRONICS CORP
- Innolux Corporation
- LG Electronics
- Mitsubishi Electric Corporation
- Panasonic Corporation
- Samsung Group
- Sharp Corporation
- Looking Glass Factory Inc
- Light Field Lab, Inc
- Leia Inc
- Sony Corporation
- Toshiba Corporation
- Fujifilm Corporation
- BOE Technology Group
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