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3D Display Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Published : Feb 2023

Report ID: ARC150

Pages : 250

Format : 3D Display Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

The Global 3D Display Market Size accounted for USD 107.8 Billion in 2022 and is estimated to achieve a market size of USD 595.2 Billion by 2032 growing at a CAGR of 18.9% from 2023 to 2032. Growing demand for 3D visualization in gaming, defense, entertainment, and medical drives the 3D display market growth. Furthermore, the increasing use of augmented reality in a variety of medical applications and procedures is expected to grow the 3D display market in the coming years.

Global 3D Display Market Trends

3D Display Market Report Key Highlights

  • Global 3D Display market revenue is expected to increase by USD 595.2 billion by 2032, with a 18.9% CAGR from 2023 to 2032
  • Asia-Pacific region led with more than 38% of 3D Display market share in 2022
  • According to research, around 14.7 thousand digital 3D cinema screens available in Canada and the United States in 2021
  • By Product, the stereoscopic display segment has accounted market share of over 59% in 2022
  • By technology, the LED segment captured the majority of the market
  • Increased adoption of virtual and augmented reality, drives the 3D display market size

3D Display Market Drivers

3D display, also known as a stereo display, is a technology capable of providing three-dimensional visualization. 3D displays require 3D glasses to view the content and have a better experience. The basic technique of 3D displays is to separately display offset images to the right and left eye. A 3D depth perception is then generated by combining both 2D offset images in the viewer’s brain. 3D display technology is emerging owing to its wide usage in fields such as video, photography, gaming, engineering simulation, education, and defense.

Global 3D Display Market Trends

Market Drivers

  • Increasing demand for 3D displays in movie theaters
  • Growing demand in advanced medical application
  • Increasing adoption of 3D displays in fields such as automotive and architecture
  • Advancements in technology such as improved resolution, brightness, and color accuracy

Market Restraints

  • High cost of equipment
  • Limited content availability

Market Opportunities

  • Development of technologies such as holographic displays
  • Increased adoption of virtual and augmented reality

3D Display Market Report Coverage

Market 3D Display Market
3D Display Market Size 2022 USD 107.8 Billion
3D Display Market Forecast 2032 USD 595.2 Billion
3D Display Market CAGR During 2023 - 2032 18.9%
3D Display Market Analysis Period 2018 - 2032
3D Display Market Base Year 2022
3D Display Market Forecast Data 2023 - 2032
Segments Covered By Product, By Technology, By Application, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Panasonic Corporation, The Coretec Group Inc., AU Optronics Corp., Fujifilm Holdings Corporation, Toshiba Corporation, Sony Corporation, LG Electronics, Mitsubishi Electric Corporation, Sharp Corporation, and Samsung Electronics Co. Ltd.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis
3D Display Market Dynamics

3D display technology is in a nascent stage and is anticipated to witness noteworthy growth in the coming years. Advancements in technology, demand for 3D visualization in the entertainment sectors such as 3D TV channels, gaming, and others, and the use of 3D displays in consumer electronics are the factors driving the market growth. Furthermore, the need for 3D displays in healthcare and defense applications for training and stimulating tactics is also bolstering market growth as this technology helps in delivering better visualization. However, the lack of 3D content and the high cost of 3D displays is the major factor hindering the growth of this market. Many people face health issues such as headaches and nausea while watching a 3D video - another factor restricting the market growth. Additionally, inadequate compatibility in the supply chain may be a key challenge for the growth of this market. Whereas, demand for 3D-enabled televisions, smartphones, laptops, and other devices provides a huge opportunity in the 3D display market in the future.

The presence of numerous manufacturers has led to intense competition in this sector. The development of relationships with customers is a primary goal for vendors in order to maintain competition, resulting in quick technological innovations. Aside from using 3D displays in TVs and smartphones, various near-eye-display firms, including Vuzix, Oculus, Avegant, and others, are creating 3D displays for virtual and augmented reality-based applications. In addition, the usage of 3D displays in wearable devices is driving the market growth.

3D Display Market Growth 2022 - 2030

3D Display Market Segmentation                                   

The global 3D display market segmentation is based on product, technology, application, and geography.

3D Display Market By Product

  • Volumetric Display
  • Head Mounted Display (HMD)
  • Stereoscopic Display

3D Display Market Opportunities

According to a 3D display industry analysis, the stereoscopic display segment led the market in 2022. Factors driving this growth include the rising desire for immersive experiences, technological breakthroughs, and increased usage in industries such as gaming, healthcare, and education. The growing demand for 3D displays in the entertainment and gaming industries is projected to boost the market. The growing use of 3D displays in the automotive and aerospace industries is likely to fuel market expansion. Furthermore, the increasing use of 3D displays in the medical industry for surgical planning and training is likely to drive market expansion.

3D Display Market By Technology

  • Digital Light Processing (DLP)
  • Organic Light Emitting Diode (OLED)
  • Plasma Display Panel (PDP)
  • Light Emitting Diode (LED)

In terms of technology, the LED segment is predicted to garner major market focus in the coming year. LED (light-emitting diode) technology has grown rapidly in recent years as a result of its energy efficiency, long lifespan, and versatility. LED efficiency and brightness improvements have made the technology more appropriate for a variety of applications and enabled new use cases. Furthermore, the growing use of LED lighting in the automotive and industrial sectors is propelling the segment growth.

3D Display Market By Application

  • Smartphones
  • Virtual Reality Devices
  • Monitor
  • Television
  • Projector Devices
  • Mobile Computing Devices
  • Others

According to the 3D display market forecast, the smartphone segment is expected to grow the fastest in the coming years. This is due to the increasing integration of this technology into mobile devices. People's changing lifestyles are driving them to buy high-end smartphones, which is driving the development of 3D displays. Furthermore, original equipment manufacturers (OEMs) are concentrating on 3D data visualization solutions for mobile devices, fueling the segment growth.

3D Display Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

The Middle East & Africa

  • South Africa
  • GCC Countries
  • Rest of the Middle East & Africa (ME&A)

3D Display Market Dynamics

Asia-Pacific Emerges as the Dominant Force in the 3D Display Market

In terms of geography, the Asia-Pacific region dominates the worldwide 3D display market in 2022. A few factors contributing to the growth of this market in Asia-Pacific include the availability of inexpensive labor and the increasing consumption of consumer electronics. There is an increasing demand for digital services, as well as increased knowledge of the availability of such technologies, and these factors will drive market expansion in the Asia-Pacific region. Furthermore, increased use of 3D display technology in gaming, defense, entertainment, and engineering simulations will boost the regional market throughout the projection period.

3D Display Market Players

Some of the top 3D display market companies offered in the professional report include Panasonic Corporation, The Coretec Group Inc., AU Optronics Corp., Fujifilm Holdings Corporation, Toshiba Corporation, Sony Corporation, LG Electronics, Mitsubishi Electric Corporation, Sharp Corporation, and Samsung Electronics Co. Ltd.
3D Display Market Regional Analysis

Frequently Asked Questions

How big is the 3D display market?

The 3D display market size was USD 107.8 Million in 2022.

What is the CAGR of the global 3D display market during forecast period of 2023 to 2032?

The CAGR of 3D display market is 18.9% during the analysis period of 2023 to 2032.

Which are the key players operating in the market?

The key players operating in the global 3D display market are Panasonic Corporation, The Coretec Group Inc., AU Optronics Corp., Fujifilm Holdings Corporation, Toshiba Corporation, Sony Corporation, LG Electronics, Mitsubishi Electric Corporation, Sharp Corporation, and Samsung Electronics Co. Ltd.

Which region held the dominating position in the global 3D display market?

Asia-Pacific held the dominating position in 3D display market during the analysis period of 2023 to 2032.

Which region registered the fastest growing CAGR for the forecast period of 2023 to 2032?

North America region exhibited fastest growing CAGR for 3D display market during the analysis period of 2023 to 2032.

What are the current trends and dynamics in the global 3D display market?

The current trends and dynamics in the 3D display industry include the growing applications of animation, 3D modeling, and surgical planning.

Which Application held the maximum share in 2022?

The television application held the maximum share of the 3D display market.

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