Volumetric Display Market is Set for a Rapid Growth and is Expected to Reach USD 3054.93 Million by 2032

Zion Market Research has published a new report titled “Global Volumetric Display Market by Technology (Digital Light Processing Technology (DLP), Liquid Crystal on Silicon Technology (LCOS)), by Type (Swept Volume, Static Volume, and Multiplanar), by Applications (Medical, Media and Communications, Military, and Others), by End-User (Commercial, Health, Residential, Defense, and Others), and by Region. According to the report, global Volumetric Display Market was valued at USD 251.9 Million in 2023 and is projected to hit USD 3054.93 Million by 2032, with a compound annual growth rate (CAGR) of 28.3% during the forecast period 2024-2032.

Browse the full “Global Volumetric Display Market by Type (Swept Volume, Static Volume, and Multiplanar), by Applications (Medical, Media and Communications, Military, and Others), by Technology (Digital Light Processing Technology (DLP), Liquid Crystal on Silicon Technology (LCOS)), by End-User (Commercial, Health, Residential, Defense, and Others), and by Region..” Report at https://www.zionmarketresearch.com/report/volumetric-display-market

Volumetric display produces volume-filling 3D imagery. Each volume element or voxel in a 3D scene emits visible light from the region in which it appears. The visual provided by 3D stereoscopic display differs from the real world, as the image is produced on flat surface and distance of the object from eye remains same; thus, providing a single focal distance but the disparity is introduced due to their geometric distance giving rise to the problem of accommodation- convergence. The volumetric display is a perfect solution to the accommodation-convergence mismatch problem which is peculiar in conventional 3D displays.

Extensive research in the health industry is primarily driving the demand for volumetric displays. Medical imaging is a critical aspect for performing surgeries; with the help of volumetric display critical tasks are made relatively simpler. In order to diagnose correctly numerous images of MRI and CT scan are taken making it troublesome for patients and tedious for radiologists. But with the use of volumetric display 3D imaging will make the job easier and will improve the diagnosis of the problem. In order to enrich the experience of entertainment, volumetric displays are used to give real-life simulations. The entertainment industry is on the verge of revolution due to growth in the volumetric display market. It will provide more avenues of expressing creativity to the filmmakers. The difference between real life and screen life will be reduced. Additionally, volumetric displays are used in planning military operations as well as training. Mapping of the terrain will become more realistic leading to the improvement in recce operations. Multi-billion dollar research such as project big bang will need volumetric displays to understand the complex phenomenon in the universe. But still, the high cost is restraining the demand for the displays. It would be challenging for the market players to attract investments in this market but rising demand from gaming, medical, and military industry for volumetric display and commercialization of 5G markets will maneuver investment decisions positively.

Volumetric displays are segmented on the basis of various parameters such as technology, type, applications, and end-users. On the basis of technology, the market is divided into digital light processing technology and liquid crystal on silicon technology. Among them liquid crystal on silicon technology is superior due to enhanced imagery. By type, the displays are categorized into swept volume, static volume, and multiplanar. By applications, the market is separated as medical, media and communications, military, and others. Demand from the entertainment and gaming industry will register significant demand in the forecast period. The market is also segregated according to end-user like commercial, health, residential, defense, and others. Moreover, the market is analyzed according to region such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Among them, future growth would be registered in North America and the Asia Pacific owing to high per capita income and demographic reality.

Some of the key players operating in the global volumetric display market are Voxon Photonics, The Coretec Group, Lightspace Technology Inc., Holoxica, 3Dicon Corp., and Burton Inc. among others.

This report segments the global volumetric display market as follows:

Global Volumetric Display Market: Technology Segment Analysis

• Digital light processing technology (DLP)
• Liquid crystal on silicon technology (LCOS)

Global Volumetric Display Market: Type Segment Analysis

• Swept volume volumetric display
• Static volume volumetric display
• Multiplanar volumetric display

Global Volumetric Display Market: Application Segment Analysis

• Medical
• Media & Communications
• Military
• Others

Global Volumetric Display Market: End-User Segment Analysis

• Commercial
• Health
• Residential
• Defense
• Others

Global Volumetric Display Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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