Authored By: Sarah
11 Jul 2024

 Next Generation 3D Display Market Size to grow by USD 1053 million between 2024-2028

According to a research report “ Next Generation 3D Display Market” by Component (Consumer electronics, Automotive, Healthcare, Others) Product (Stereoscopic display, Volumetric display, HMD, Others) Geography (APAC, North America, Europe, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1053 million, at a CAGR of  18.52% during the forecast period. The next generation 3D display market is experiencing significant growth due to the expanding utilization of Virtual Reality (VR) technology, particularly through VR headsets and associated devices such as VR glasses and in-home 3D gaming consoles. Notable companies, like Facebook Technologies, LLC., are leading this trend with their production of advanced VR Head-Mounted Displays (HMDs), such as Oculus Rift and Oculus Go. These devices offer immersive gaming experiences by tracking head movement and providing 3D imagery on stereo screens. Moreover, accessories like Oculus Touch controllers, which conform to the user's hand and enable finger recognition and gesture control, further enhance the overall VR experience.

Browse market data tables, figures, and in-depth TOC on “Next Generation 3D Display Market” by Component (Consumer electronics, Automotive, Healthcare, Others) Product (Stereoscopic display, Volumetric display, HMD, Others) Geography (APAC, North America, Europe, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample

 

By Component, the Consumer electronics segment is projected to dominate the market size in 2024

The next generation 3D display market is witnessing significant growth due to the increasing demand for immersive and realistic visual experiences. Stereoscopic displays, a leading technology in this category, utilize the principle of stereopsis to generate depth perception and three-dimensionality in images. These displays present two distinct images, tailored for each eye, which collectively create the illusion of a three-dimensional scene. Technologies such as polarized glasses, active shutter glasses, parallax barriers, and lenticular lenses are employed to filter and direct images to the respective eyes. The primary advantage of stereoscopic displays lies in their ability to deliver a more engaging and lifelike 3D experience for the viewer.

By Product, Stereoscopic display  segment is expected to hold the largest market size for the year 2024

The next generation 3D display market encompasses a range of consumer electronics, including 3D projectors, gaming consoles, holographic displays, smartphones, tablets, personal computers, and TVs. These devices require intricate and high-performance electronics and technology to ensure seamless 3D functionality. As augmented reality (AR) and virtual reality (VR) continue to advance, with technologies such as binocular vision display and light field display, the future of holographic display is anticipated to offer significant growth opportunities in the consumer electronics sector. Notable companies, such as Facebook with its Oculus Go and Quest headsets, are already leading the charge in this innovative space.

APAC is forecasted to hold the largest market size by region in 2024

The Next Generation 3D Display Market is experiencing significant growth due to the increasing demand for immersive and engaging consumer experiences. Advanced technologies, such as holographic displays and stereoscopic 3D, are driving innovation in this sector. Companies are investing heavily in research and development to bring next-generation 3D displays to market, offering enhanced visual fidelity and new applications in industries like gaming, healthcare, and education. This trend is expected to continue, with the market projected to reach substantial value by 2027.

The Next Generation 3D Display Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Alphabet Inc.
  • AUO Corp.
  • Avalon Holographics Inc.
  • Avegant Corp.
  • Continental AG
  • CREAL SA
  • Dimenco BV
  • FoVI3D
  • Holografika Kft.
  • LG Electronics Inc.
  • Looking Glass Factory Inc.
  • NVIDIA Corp.
  • Ostendo Technologies Inc.
  • Panasonic Holdings Corp.
  • Robert Bosch GmbH
  • Samsung Electronics Co. Ltd.
  • SeeReal Technologies SA
  • Sharp Corp.
  • Toshiba Corp.
  • VividQ Ltd.
.

For insights on company offerings- Request a sample report!

Research Analysis Overview

The Next Generation 3D Display Market is experiencing significant growth due to the increasing demand for high-definition graphics and immersive visual experiences. Health-related issues, such as eye strain from prolonged use of electronic devices, are driving the need for more comfortable and realistic 3D displays. This trend is particularly prominent among the middleclass population with disposable income to invest in advanced technology. Projectors and notebook PCs with 3D capabilities are gaining popularity in home entertainment and the gaming industries. NFTs and virtual reality (VR) are also fueling the demand for 3D displays, offering new opportunities for content creators and consumers. Technological advancements in 3D display technology include OLED, LED, and LCD panels, with HMS Networks and industrial automation leading the way in industrial applications. 5G deployment and the rise of PC gaming are also contributing to the growth of the market. Key players in the market include Asus, Acer, Nubia, ZTE, and Samsung Electronics, who are constantly pushing the boundaries of 3D display technology. Standards of living continue to rise, and the desire for high-quality home entertainment systems remains strong. The market for 8K television and smart TVs is expected to grow significantly in the coming years, further boosting the demand for next-generation 3D displays. Visual comfort and panel manufacturing are also key areas of focus, ensuring that consumers can enjoy the benefits of 3D technology without compromising their health.

Market Research Overview

The Next Generation 3D Display Market is experiencing significant growth due to advancements in technology and increasing disposable income among the middleclass population. This market encompasses various display technologies like LED panels, Plasma Display Panels (PDP), Digital Light Processing (DLP), and autostereoscopic technology. Response time and image quality are crucial factors in these displays, particularly for video games, animations, movies, and academics. Autostereoscopic technology, including Micro OLED and HMD displays, offers immersive 3D experiences without the need for glasses. Brands like Motorola, Ericsson, and Asus are leading the charge with innovative 3D displays on notebook PCs, digital photo frames, TVs, monitors, and even VR headsets. Industrial applications, such as industrial automation and 5G deployment, are also embracing 3D technology for enhanced visual comfort. Notable players in this sector include HMS Networks and ZTE. The market is expected to expand further with the emergence of highdefinition graphics, 4K, Edge 4K, and even 8K television standards. Health-related issues and visual comfort are essential considerations in the development of 3D displays. The gaming industries, particularly PC gaming, are driving the demand for high-quality 3D displays. NFTs and consumer electronics are also expected to contribute significantly to the market's growth. Companies like Samsung Electronics, Acer, and Asus are at the forefront of this technological revolution. Ofcom and other regulatory bodies are working on establishing standards for 3D displays to ensure a seamless user experience.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less
Interested in this report?
Get your sample now!
Technavio