NEW YORK, Feb. 13, 2023 /PRNewswire/ -- According to Technavio, the global next generation 3D display market size is estimated to grow by USD 700.87 million from 2022 to 2027. The market is estimated to grow at a CAGR of over 15.04%. Moreover, the growth momentum will accelerate. APAC will account for 35% of the growth of the global market during the forecast period. The report includes historic market data from 2017 to 2021. In 2017, the next-generation 3D display market was valued at USD 445.39 million. For more Insights on market Request a sample report
Next generation 3D display market - Five forces
The global next-generation 3D display market is fragmented, and the five forces analysis covers–
- Bargaining Power of Buyers
- The threat of New Entrants
- Threat of Rivalry
- Bargaining Power of Suppliers
- Threat of Substitutes
- For an interpretation of Porter's five forces model– buy the report!
Next generation 3D display market – Customer landscape
The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Next generation 3D display market - Segmentation assessment
Segment overview
Technavio has segmented the market based on components (consumer electronics, automotive, healthcare, and others), and product (stereoscopic display, volumetric display, HMD, and others).
- The consumer electronics segment will grow at a significant rate during the forecast period. 3D projectors, 3D gaming consoles, holographic displays, smartphones, tablets, personal computers, and TVs with 3D features are some examples of consumer electronics in worldwide. Augmented reality (AR) is gradually emerging alongside the rapid development of virtual reality (VR). By analogy with the future of VR and AR technology based on binocular vision display and light field display, the future of holographic display is predicted, creating growth opportunities for next-generation 3D display in the consumer electronics industry. Companies are also focusing on holographic 3D (H3D) projection into space via tailored microdisplays for head-mounted display (HMD) applications. Such technological innovations are expected to drive the growth of the market during the forecast period.
Geography overview
By geography, the global next-generation 3D display market is segmented into APAC, North America, Europe, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global next-generation 3D display market.
- APAC is estimated to account for 35% of the growth of the global market during the forecast period. APAC is a hub for consumer electronics manufacturers such as TV, smartphone, tablet, and wearable device. Thus, the expansion of the consumer electronics industry in the region will increase the demand for advanced electronic devices, which, in turn, will drive the device market during the forecast period.
Next generation 3D display market – Market dynamics
Key factor driving market growth
- The emergence of 3D displays for automotive applications is notably driving the market growth.
- 3D displays offer a more vivid and interactive user experience and are employed in a range of automobile applications like navigation, entertainment, and driver assistance systems.
- One of the key benefits of 3D displays in the automotive industry is that they can provide a more intuitive and natural way of displaying information.
- Additionally, 3D displays can be used to create a more immersive and engaging user experience in the car, such as by displaying virtual reality content or augmented reality information.
- Increasing the adoption of 3D displays in the automotive industry is also expected to boost the market growth during the forecast period.
Leading trends influencing the market
- The increasing usage of 3D displays in the medical industry is an emerging trend in the market.
- Technological developments have led to the development of 3D medical display devices that can provide 3D projected images.
- 3D technology improves surgeons' visual acuity and reduces surgery time and pre-operative preparation.
- The development of 3D visual displays in the medical industry will fuel the demand for next-generation 3D display systems.
Major challenges hindering market growth
- The high availability of substitutes for 3D displays is a major challenge impeding the market growth.
- Substitutes, such as traditional two-dimensional (2D) displays and VR or AR technology, can provide similar functionality at a lower cost making it difficult for 3D displays to compete in the market, especially when it comes to price.
- VR and AR technology can also provide an immersive experience, similar to what 3D displays offer and which can be more engaging than traditional 2D displays.
- Additionally, the lack of standardization in the 3D displays also affects the market growth.
- Therefore, the availability of substitutes for 3D displays, such as traditional 2D displays and VR and AR technology, can hinder the growth of the global market during the forecast period.
What are the key data covered in this next-generation 3D display market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the next-generation 3D display market between 2023 and 2027
- Precise estimation of the next generation 3D display market size and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the next-generation 3D display industry across APAC, North America, Europe, Middle East and Africa, and South America
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of next-generation 3D display market vendors
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Next Generation 3D Display Market Scope |
|
Report Coverage |
Details |
Page number |
177 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 15.04% |
Market growth 2023-2027 |
USD 700.87 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
13.86 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 35% |
Key countries |
US, China, South Korea, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Alphabet Inc., AU Optronics Corp., Avalon Holographics Inc., Avegant Corp., Continental AG, CREAL SA, FoVI3D, Holografika Kft., Looking Glass Factory Inc., NVIDIA Corp., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sharp Corp., Toshiba Corp., VividQ Ltd., SeeReal Technologies SA, Ostendo Technologies Inc., Dimenco BV, and LG Electronics Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global next generation 3D display market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global next generation 3D display market 2017 - 2021 ($ million)
- 4.2 By component Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – By component Segment 2017 - 2021 ($ million)
- 4.3 By Product Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – By Product Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Component
- 6.1 Market segments
- Exhibit 30: Chart on Component - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Component - Market share 2022-2027 (%)
- 6.2 Comparison by Component
- Exhibit 32: Chart on Comparison by Component
- Exhibit 33: Data Table on Comparison by Component
- 6.3 Consumer electronics - Market size and forecast 2022-2027
- Exhibit 34: Chart on Consumer electronics - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Consumer electronics - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Consumer electronics - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Consumer electronics - Year-over-year growth 2022-2027 (%)
- 6.4 Automotive - Market size and forecast 2022-2027
- Exhibit 38: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Automotive - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
- 6.5 Healthcare - Market size and forecast 2022-2027
- Exhibit 42: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
- 6.6 Others - Market size and forecast 2022-2027
- Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.7 Market opportunity by Component
- Exhibit 50: Market opportunity by Component ($ million)
7 Market Segmentation by Product
- 7.1 Market segments
- Exhibit 51: Chart on Product - Market share 2022-2027 (%)
- Exhibit 52: Data Table on Product - Market share 2022-2027 (%)
- 7.2 Comparison by Product
- Exhibit 53: Chart on Comparison by Product
- Exhibit 54: Data Table on Comparison by Product
- 7.3 Stereoscopic display - Market size and forecast 2022-2027
- Exhibit 55: Chart on Stereoscopic display - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Stereoscopic display - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Stereoscopic display - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Stereoscopic display - Year-over-year growth 2022-2027 (%)
- 7.4 Volumetric display - Market size and forecast 2022-2027
- Exhibit 59: Chart on Volumetric display - Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on Volumetric display - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on Volumetric display - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Volumetric display - Year-over-year growth 2022-2027 (%)
- 7.5 HMD - Market size and forecast 2022-2027
- Exhibit 63: Chart on HMD - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on HMD - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on HMD - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on HMD - Year-over-year growth 2022-2027 (%)
- 7.6 Others - Market size and forecast 2022-2027
- Exhibit 67: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.7 Market opportunity by Product
- Exhibit 71: Market opportunity by Product ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 73: Chart on Market share by geography 2022-2027 (%)
- Exhibit 74: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 75: Chart on Geographic comparison
- Exhibit 76: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 North America - Market size and forecast 2022-2027
- Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.5 Europe - Market size and forecast 2022-2027
- Exhibit 85: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 93: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 South Korea - Market size and forecast 2022-2027
- Exhibit 105: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
- Exhibit 106: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
- Exhibit 107: Chart on South Korea - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
- 9.11 Germany - Market size and forecast 2022-2027
- Exhibit 109: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 110: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 111: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 112: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 113: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 114: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 115: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 116: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 117: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 118: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 119: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 120: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 121: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 122: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 123: Matrix on vendor position and classification
- 12.3 Alphabet Inc.
- Exhibit 124: Alphabet Inc. - Overview
- Exhibit 125: Alphabet Inc. - Business segments
- Exhibit 126: Alphabet Inc. - Key news
- Exhibit 127: Alphabet Inc. - Key offerings
- Exhibit 128: Alphabet Inc. - Segment focus
- 12.4 AU Optronics Corp.
- Exhibit 129: AU Optronics Corp. - Overview
- Exhibit 130: AU Optronics Corp. - Business segments
- Exhibit 131: AU Optronics Corp. - Key news
- Exhibit 132: AU Optronics Corp. - Key offerings
- Exhibit 133: AU Optronics Corp. - Segment focus
- 12.5 Avalon Holographics Inc.
- Exhibit 134: Avalon Holographics Inc. - Overview
- Exhibit 135: Avalon Holographics Inc. - Product / Service
- Exhibit 136: Avalon Holographics Inc. - Key news
- Exhibit 137: Avalon Holographics Inc. - Key offerings
- 12.6 Avegant Corp.
- Exhibit 138: Avegant Corp. - Overview
- Exhibit 139: Avegant Corp. - Product / Service
- Exhibit 140: Avegant Corp. - Key offerings
- 12.7 Continental AG
- Exhibit 141: Continental AG - Overview
- Exhibit 142: Continental AG - Business segments
- Exhibit 143: Continental AG - Key offerings
- Exhibit 144: Continental AG - Segment focus
- 12.8 CREAL SA
- Exhibit 145: CREAL SA - Overview
- Exhibit 146: CREAL SA - Product / Service
- Exhibit 147: CREAL SA - Key offerings
- 12.9 FoVI3D
- Exhibit 148: FoVI3D - Overview
- Exhibit 149: FoVI3D - Product / Service
- Exhibit 150: FoVI3D - Key offerings
- 12.10 Holografika Kft.
- Exhibit 151: Holografika Kft. - Overview
- Exhibit 152: Holografika Kft. - Product / Service
- Exhibit 153: Holografika Kft. - Key offerings
- 12.11 LG Electronics Inc.
- Exhibit 154: LG Electronics Inc. - Overview
- Exhibit 155: LG Electronics Inc. - Business segments
- Exhibit 156: LG Electronics Inc. - Key news
- Exhibit 157: LG Electronics Inc. - Key offerings
- Exhibit 158: LG Electronics Inc. - Segment focus
- 12.12 Looking Glass Factory Inc.
- Exhibit 159: Looking Glass Factory Inc. - Overview
- Exhibit 160: Looking Glass Factory Inc. - Product / Service
- Exhibit 161: Looking Glass Factory Inc. - Key offerings
- 12.13 NVIDIA Corp.
- Exhibit 162: NVIDIA Corp. - Overview
- Exhibit 163: NVIDIA Corp. - Business segments
- Exhibit 164: NVIDIA Corp. - Key news
- Exhibit 165: NVIDIA Corp. - Key offerings
- Exhibit 166: NVIDIA Corp. - Segment focus
- 12.14 Panasonic Holdings Corp.
- Exhibit 167: Panasonic Holdings Corp. - Overview
- Exhibit 168: Panasonic Holdings Corp. - Business segments
- Exhibit 169: Panasonic Holdings Corp. - Key news
- Exhibit 170: Panasonic Holdings Corp. - Key offerings
- Exhibit 171: Panasonic Holdings Corp. - Segment focus
- 12.15 Robert Bosch GmbH
- Exhibit 172: Robert Bosch GmbH - Overview
- Exhibit 173: Robert Bosch GmbH - Business segments
- Exhibit 174: Robert Bosch GmbH - Key news
- Exhibit 175: Robert Bosch GmbH - Key offerings
- Exhibit 176: Robert Bosch GmbH - Segment focus
- 12.16 Sharp Corp.
- Exhibit 177: Sharp Corp. - Overview
- Exhibit 178: Sharp Corp. - Business segments
- Exhibit 179: Sharp Corp. - Key news
- Exhibit 180: Sharp Corp. - Key offerings
- Exhibit 181: Sharp Corp. - Segment focus
- 12.17 Toshiba Corp.
- Exhibit 182: Toshiba Corp. - Overview
- Exhibit 183: Toshiba Corp. - Business segments
- Exhibit 184: Toshiba Corp. - Key offerings
- Exhibit 185: Toshiba Corp. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 186: Inclusions checklist
- Exhibit 187: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 188: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 189: Research methodology
- Exhibit 190: Validation techniques employed for market sizing
- Exhibit 191: Information sources
- 13.5 List of abbreviations
- Exhibit 192: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Email: [email protected]
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SOURCE Technavio
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