The 3D display market revenue totalled US$ 94.3 Billion in 2022. The 3D display market is expected to reach US$ 433.1 Billion by 2033, growing at a CAGR of 15.0% for 2023 to 2033.
Attributes
Details
Estimated Year (2023) Market Value
US$ 107.0 Billion
Projected Year (2033) Market Value
US$ 433.1 Billion
CAGR% (2023 to 2033)
15.0%
Top 5 Vendor Market Share
Around 35%
The 3D display is an improved technology designed to offer the viewer 3D visuals and a sensation of depth. Additional, 3D display technology is observing upsurge in photography gaming, movies, learning, defence, and engineering simulation.
Furthermore, a stereo display is accomplished of conveying depth responsiveness to the viewer by stereopsis for binocular vision.
CEMs (Consumer electronics manufacturers) are attempting to expand the user experience by advancement in their product displays to deliver high-grade 3D visualization.
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2018 to 2022 3D Display Market Demand Outlook Compared to 2023 to 2033 Forecast
The 3D display is expected to grow at 15.0% CAGR between 2023 to 2033 and the market grew by 10.1% for 2018 to 2022.
An important aspect that affects the growth of the global 3D display business is the sharp increase in demand for 3D display technology because of its increasing use for movies and videogames that have high quality graphics. As the quality of the graphics continue to grow, so would the use of 3D display technology.
Increase in sales of TVs, monitors, smartphones, and tablets is anticipated to present the 3D display market with potential for growth throughout the forecast period.
Growth of New aged Display across Industries and Professionals has boosted the Demand for 3D Display
The 3D display technology is used for display in the TV, screens, picture frames along with the mobile phones. Improved buying power in the customers of the Asia Pacific region and other developing nations will drive the market growth in the coming years.
Also there is a rising demand for the rounded displays that shall generate a larger demand for 3D display. Due to the practice of the augmented reality (AR) and virtual reality (VR) in different electronic products the market is anticipated to grow well in the coming years. There's also an increased usage of the 3D displays in the healthcare sector
Regional Analysis:
North America had the largest market share for 3D display market for the year 2022, with a market share of 26.6% which approximates to about US$ 25.1 Billion . While South Asia and Pacific is expected to be the fastest growing region with a CAGR of 17.6%.
The expanding number of cinema screens and the surging growth of 3D cinemas in the USA. are some of the other substantial aspects that are expected to bode well for the market. The introduction of new high-tech home-based gaming consoles by leading firms is also set to spur the growth in NorthAmerica.
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Country wise insights
USA has several vendors and users which allows it to be the largest market for 3D Display
The US 3D display market is estimated to hold the largest share of 15.7% in the 3D display market, with numerous vendors manufacturing and supplying 3D displays globally in accordance with requirements. With a large number of users in the gaming, trade, digital banking, and health sectors requiring 3D displays to perform high-end activities, the US has the highest market share.
Growing Online Market Penetration in India and Growth in Digital Infrastructure Is Helping the Growth of 3D Display
India is a growing economy with a growing retail sector, rising advertising costs, and bettering public and private infrastructure, the demand for next-generation displays is anticipated to increase over the coming years, allowing the market for 3D display to be a fast growing market in India.
The Growth of 3D Display in China is Due to The Expansion of Consumer Electronics Manufacturing Capacities.
It is anticipated that the adoption of holographic display among the various 3D display devices in the China will rise as a result of the expansion of consumer electronics manufacturing capacities, particularly in the South Central region of China, rising exports and falling average selling prices of various display technologies like 4K, LCD, LED, and OLED.
Category wise Insights
Why Does 3D Display Hold the Largest Market Share in Application, for the 3D Display Market?
TV holds largest market share, the desire of consumers to watch movies at home on TVs or computers rather than in theatres has prompted TV manufacturers to concentrate on the 3D display as a value addition to their products.
These TVs provide a better visual experience by providing greater picture quality, colourful high-end gadgets, and high-end functionality. Manufacturers of consumer electronics (CEMs) are attempting to portray 3D-based TVs as high-end products with upscale features.
Why is LED Technology a Dominant Technology for 3D Display?
To improve image quality and provide a quick reaction, LED panels are frequently employed as backlighting solutions. The development of LED-based displays for various applications, such as TVs, smartphones, monitors, and HMDs, is the focus of a number of market companies.
Due to these reasons, LED technology for 3D display market was estimated to have held the largest market share in 2022 of 39.5%.
Why Is the Stereoscopic Type the Fastest Growing Market for 3D Display?
It is anticipated that throughout the projected period, the stereoscopic displays segment will dominate the market. This can be ascribed to its widespread use in the gaming and entertainment sectors for a variety of purposes, including in films, animations, educational settings, and video games. The development of the market is also being aided by improvements in auto stereoscopic technology and lower stereoscopic product prices.
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Competitive Landscape
The companies are focusing on the development of stereoscopic display technologies to offer the end users with greater quality and experience.
In October 2022, Sony Electronics launched innovative spatial reality display. The SR Display allows creators across a variation of industries, from automotive and industrial design, to create computer graphics (CG) and visual effects (VFX), designers can use this for creating 3D graphics.
In January 2022, Samsung Electronics disclosed its new-fangled Neo QLED, MICRO LED and Samsung OLED line-ups combined with lifestyle products and accessories. Samsung has revealed new lifestyle products and features to uplift the user experience to another level, allowing customers to customize the way they view and experience displays.
Scope of report
Attribute
Details
Market value in 2021
US$ 83.4 Billion
Market CAGR 2023 to 2033
15.0%
Share of top 5 players
Around 35%
Forecast Period
2023 to 2033
Historical Data Available for
2018 to 2022
Market Analysis
USD Billion for Value
Key Regions Covered
North America, Latin America, Europe, South Asia & Pacific, East Asia and the Middle East & Africa
Key Countries Covered
USA, Canada, Germany, United Kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Australia & New Zealand, GCC Countries, Turkey and South Africa
Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing
Available upon Request
3D Display Market by Category
By Technology:
Digital Light Processing DLP
Plasma Display Panel (PDP)
Organic LED (OLED)
LED (For Backlighting LCD Display Panels)
By Type :
Volumetric Display
Stereoscopic
Head-Mounted Display (HMD)
By Application:
Smartphones
Monitors
Mobile Computing Devices
Projectors
Head-Mounted Display
Others
By Region:
North America
Latin America
Europe
East Asia
South Asia and Pacific
Middle East and Africa (MEA)
Frequently Asked Questions
Which are some leading companies which offer 3D Display?
Some leading companies are Sony Corp, Panasonic Corp, LG Electronics Inc. Toshiba Corp., etc.
Which region is expected to showcase high growth in 3D Display demand?
South Asia and Pacific region is expected to showcase the highest growth of 17.6% over the forecast period.
What are the driving demands for implementing 3D Display?
A: Increasing demand for high-quality pictures, cinemas, animated movies, and new-generation smart phones that allow users to perform activities in 3D mode has boosted the market.
Which Application has the largest market share for the 3D Display?
Head-mounted display had the largest market share for the 3D display of 17.2%.
Which technology has the highest CAGR for the 3D Display?
Digital light processing DLP had the highest CAGR for the 3D display of 19.3%.
Which are the top five countries for 3D Display market?
USA, United Kingdom, India, China and Japan.
What is the market share and value for the South Asia and Pacific region for the year 2021?
The market share of South Asia and Pacific for the year 2022 is 14.5%.
What is the major trend for the 3D Display market?
LED for backlighting LCD display panels and stereo display is gaining popularity.
Which country has the highest CAGR for the forecast period?
India has the highest CAGR for the forecast period, which is 28.1%.
What was the CAGR for the forecast period 2018-2022 for 3D Display market?
The CAGR for the forecast period 2018-2022 for 3D display was 10.1%.
Which East Asian Country had the largest market share for 3D Display for the year 2021?
China had the largest market share in East Asia in 2022, for 3D display market.
