Global 3D Display Market Growth Drivers Forecast 2024 - 2033
1 May, 2024
The 3D display market has experienced exponential growth, climbing from $112.34 billion in 2023 to $136.15 billion in 2024, demonstrating a CAGR of 21.2%. Historical growth factors encompass the adoption of consumer electronics, research and development investments, expansion in the automotive sector, and the rise of e-commerce. Looking forward to 2028, the market is projected to reach $284.69 billion at a CAGR of 20.3%. Growth drivers include increased smart home integration, expansion in healthcare, growing smartphone adoption, rising disposable income, and increased demand in gaming and entertainment. Notable trends include glasses-free 3D displays, 3D printing visualization, holographic displays, energy-efficient displays, and industry collaboration.
Major Driver In The 3D Display Market
The upsurge in the 3D display market was propelled by heightened demand for 3D technology in the gaming sector, with 48% of gaming firms working on virtual reality (VR) and augmented reality (AR) games in 202This surge in gaming industry demand drove the need for laptops and devices equipped with stereo 3D display technology, thereby fueling the growth of the 3D display market. Market size values for 2023, 2024, and 2028 echoed this upward trajectory, reflecting the increased adoption of 3D display technology.
Request A Free Sample Of The Global 3D Display Market ReportGlobal 3D Display Market Competitive Landscape
Samsung Electronics Co. Ltd., LG Corporation, Panasonic Corporation, Sony Corporation, Sharp Corporation, Toshiba Corporation, Mitsubishi Electric Corporation, AU Optronics Corp., Coretec Group Inc., Universal Display Corporation, ViewSonic Corporation, Planar Systems Inc., Zecotek Photonics Inc., SeeReal Technologies GmbH, Glimm Display BV, Koninklijke Philips N.V., 3D Global GmbH, Canon Europe Ltd., Japan Display Inc., HannStar Display Corporation, Chunghwa Picture Tubes Ltd., Universal Display Corporation, Planar Systems Inc., 3D Combination, 3DIcon Corporation, Medtronic Inc., Signet Systems Inc., Tritium Pty Ltd., DirectMed Inc., Invivo Corporation
Key 3D Display Market Trend
The 3D display market is witnessing a surge in new technological advancements. LG Display's December 2021 launch of the OLED.EX exemplifies this trend, boasting 33 million organic light-emitting diodes and a unique algorithm-based 'EX Technology' to enhance picture quality by 30% compared to conventional 3D displays.
Get The Full Global 3D Display Market Report3D Display Market Segmentation
The global 3d display market covered in this report is segmented –
1) By Product: Volumetric, Stereoscopic, Head Mounted Display (HMD)
2) By Technology: Digital Light Processing, Plasma Display Panel, Organic Light-Emitting Diode, Light Emitting Diode
3) By Access Methods: Conventional or Screen-based Display, Micro Display
4) By Application: TV, Smartphones, Monitor, Mobile Computing Devices, Projectors, Head Mounted Display (HMD), Other Applications
By Geography:The regions covered in the 3d display market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the 3D display market in 2023. Asia-Pacific is expected to be the fastest-growing region in the 3D display during the forecast period.
The 3D Display Global Market Report 2024 furnishes information about the global 3d display market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.