Westford, USA, June 18, 2023 (Globe Newswire) — Global Volume display market According to Skyquest’s latest research report, its size is expected to reach USD 1,817 million by 2030, exhibiting a CAGR of 28.35% over the forecast period (2023-2030). Rising demand for 3D imaging across various industries, increasing use of virtual reality (VR) and augmented reality (AR) technologies, advances in display technology and hardware, growing need for high resolution display solutions, holographic display technology Growing interest in and investments in research and development by major companies are driving the growth of the market.

Government subsidies and incentives to promote the use of volumetric displays

Worldwide, increasing use of holographic displays in advertising and marketing applications, increasing adoption of volumetric displays in medical imaging and scientific visualization, and increased use of volumetric displays in the entertainment industry, including gaming and virtual reality , Increasing demand for portable and mobile volumetric displays, increasing focus on developing cost-effective and energy-efficient volumetric displays are the trends driving the growth of the market.

Several government initiatives, such as funding research and development, government subsidies and tax incentives, government-led initiatives, promoting government regulations and standards, joint research and development programs, and policies and initiatives that promote emerging technologies is driving the growth of volumetric displays. .

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Demand for Sweep Volume Display Types Will Increase Significantly During the Forecast Period

The sweep volume display type has taken the world market by storm due to its low cost. It can also display moving objects in real time, making it suitable for a variety of applications such as medical imaging, scientific visualization, and entertainment. One advantage of the swept volume display is that it can achieve high frame rates, allowing for smoother animations and motion.

Medical imaging is a major application area

From an application perspective, the medical imaging segment is a major segment due to the ability of volumetric displays to produce high-quality 3D images with higher levels of depth perception and accuracy than traditional 2D imaging techniques. is. Moreover, the use of volumetric displays in medical imaging has surged in recent years due to advances in technology and the growing demand for more advanced imaging techniques. For example, volume displays can be used for his 3D reconstruction of medical images such as CT and MRI scans.

Asia Pacific and North America are major markets due to high adoption of advanced technology

Geographically, North America is one of the largest growing markets with a high degree of adoption of advanced technologies across various industries such as medical imaging, aerospace and defense, and gaming and entertainment. In addition, the region is home to a number of market leaders and has a well-established infrastructure for research and development activities. Moreover, growing demand for his 3D visualization technology in various industries is expected to drive the growth of the North American volumetric display market.

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See our detailed table of contents for “Volume Display Market”.

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Table – 64

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The Volumetric Displays Market report suggests:

• Accenture Ventures makes a strategic investment in Forma Vision to power its live streaming volumetric video technology in the metaverse. This technology will allow him to transmit his 3D holographic images of people, objects and environments from any location, revolutionizing the concept of virtual reality.
• In terms of applications, the medical imaging segment dominates due to the demand for high-quality 3D images.
• In terms of type, the sweep volume display type is expected to spread due to its low cost.
• North America and Asia-Pacific are major markets and will continue to show dominance in the global market, mainly due to the presence of key market players.

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Volume Display Market Segmentation:

The global volume display market report is segmented on the basis of product type, application and region.

By display type

• Sweep volume display
• static volume display
• Reflective volume display
• others

By type of display technology

• Digital Light Processing (DLP)
• Liquid crystal display (LCD)
• Organic Light Emitting Diode (OLED)
• Laser Plasma Display (LPD)

By use

• medical imaging
• aerospace and defense
• car
• Education and research
• games and entertainment
• others

By region

• China
• India
• Japan
• Korea
• Rest of Asia Pacific

• South Africa
• GCC countries
• Rest of the MEA

Key Player Profiles of the Volumetric Display Market:

• boxon photonics
• light field lab
• Looking Glass Factory
• Leia Inc.
• Holoxica Limited
• Burton Co., Ltd.
• zebra imaging
• Holographica Kft.
• Aerial Burton
• 3DIcon Inc.
• FoVI 3D
• SeeReal Technologies
• Core Tech Group Co., Ltd.
• Real View Imaging Co., Ltd.
• Geola Digital uLabs
• heteroscopy
• Ovizio Imaging System
• Vivid Q
• trilite technologies
• Kinomo Co., Ltd.

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