The global 3D display market revenue is expected to expand at a significant CAGR over the forecast period. 3D displays are displays that provides three dimensional image and perception of depth. Human brain requires 3D imaging for the better understating of the object, which can be easily provided by 3D display systems. For better visualization of 3D image, 3D goggles are used. Owing to lack of third dimension feature in conventional displays, consumers are more inclining towards 3D technology. Currently, 3D displays are used in education, gaming, entertainment, defense, photography and healthcare applications.
Growing adoption and advancement of 3D technology are factors driving the global 3D display market. Currently, 3D display system is in the beginning phase and is expected to grow remarkably over the forecast period. High cost of 3D display systems and lack of availability of 3D contents are expected to hamper growth of the target market in the near future.
The global 3D display market report has been segmented on the basis of product type, technology, application, and region. On the basis of product type, the market is segmented into volumetric display, stereoscopic, and head mounted displays (HMD). On the basis of technology, the market is segmented into digital light processing (DLP), plasma display panel (PDP), organic light-emitting diode (OLED), and light emitting diode (LED). On the basis of application, the market is segmented into TV, smartphones, monitor, mobile computing devices, and projectors.
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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Currently, the market in Asia Pacific is dominates the global market in terms of revenue and expected maintain dominance over the forecast period, owing to increasing preference for 3D display systems in the entertainment sector. The market in North America expected to maintain its second position in terms of revenue in the near future.
Key players operating in the global 3D display market include Sony Corporation, Panasonic Corporation, LG Electronics Inc., Samsung Electronics Corporation, Toshiba Corporation, Sharp Corporation, 3D fusion Inc., 3DIcon Corporation, Fujifilm Corporation, and Mitsubishi Electric Corporation.