Global 3D Display market is expected to grow at a CAGR of 25.8% during the forecast period 2014 to 2022.
3D Display Market Outlook – Global Trends, Forecast, and Opportunity Assessment (2014-2022)
The Global 3D Display market is expected to grow at a CAGR of 25.8% during the forecast period 2014 to 2022. The adoption of 3D displays in advertising sector is witnessing rapid growth in the industry. The factors favoring the market growth include, increasing adoption of 3D displays in gaming, consumer electronics and entertainment industry, technological advancements and growing demand for 3D visualization. However factors such as lack of availability and high costs are limiting the market growth. The rising demand of 3D displays in TV’s, laptops, smart phones and other consumer electronics are the futuristic opportunities for the market.
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Stereoscopy display segment is dominating the 3D Display market and is expected to continue its growth during the forecast period because of increasing applications in TV and smartphone. LED back lighted LCD is the most commonly used technology in 3D display. Organic Light Emitting Diode (OLED) is expected to dominate the 3D display market by technology. Consumer electronics segment has the leading market share and expected to continue its growth during the forecast period. Growing Advertising and Entertainment segments are boosting the market led by the increase in adoption of 3D displays. Asia Pacific is expected to witness a rapid growth by the year 2022 strongly driven by the increasing demand and the increased affordability.
The key players of the market include, Sony Corp., Toshiba Corp., Panasonic Corp., Sharp Corp., LG Electronics Inc., Mitsubishi Electric Corp., Samsung Electronics Corp., Fujifilm Corp. and 3D fusion.
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Type of 3D Displays Covered:
• Head mounted displays (HMD)
• Volumetric displays
• Digital Light Processing (DLP)
• Organic Light Emitting Diode (OLED)
• Plasma Display Panel (PDP)
• Light Emitting Diode (LED)
• Mobile Computing Devices
• Consumer electronics
o Smart phones
o Smart TV’s
• Military & defense
• North America
• Asia Pacific
o New Zealand
o Rest of Asia
• Rest of the World
o Latin America
o Middle East