3D Display Market Statistics - 2030
The global 3D display market was valued at $76.50 billion in 2020 and is projected to reach $378.55 billion by 2030, registering a CAGR of 17.6% from 2021 to 2030.
The 3D display market share is expected to witness notable growth during the forecast period, owing to the high adoption of 3D display in the entertainment and gaming industry. Furthermore, the rise in demand for 3D display solution across the entertainment sector has driven the growth of the market. Moreover, a sense of depth perception is expected to propel the 3D display market growth during the forecast period.
A 3D display is an enhanced technology designed to offer the spectator three-dimensional visuals and a sensation of depth. Further, 3D display technology is witnessing a rise in gaming, photography, film, education, military & defense, and engineering simulation. Moreover, a stereo display is capable of conveying depth awareness to the viewer using stereopsis for binocular vision. Consumer electronics manufacturers (CEMs) are attempting to improve the user experience by upgrading their product displays to provide high-quality 3D information.
In addition, volumetric 3D display is an autostereoscopic technology that offers three-dimensional imaging that is visible to the naked eye. Moreover, the rise in penetration of next-generation smartphones, TVs, displays, and other electronics solutions is anticipated to offer significant growth opportunities for the 3D display market growth.
However, the high cost of installation of 3D display solutions paired with a rise in health-related issues is one of the prime factors restraining the 3D display market outlook. On the contrary, the rise in the market of TVs, monitors, smartphones, and tablets is expected to provide lucrative opportunities for the growth of the 3D display market during the forecast period.
Key Takeaways
- The global market study covers 20 countries. The research includes a segment analysis of each country in terms of value for the projected period.
- More than 1,500 product literature, industry releases, annual reports, and other such documents of major market industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
- The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions to achieve their most ambitious growth objectives.
Top Impacting Factors
Significant factors that impact the growth of the global 3D display industry include a surge in demand for 3D display solutions paired with high adoption of 3D display solutions in the entertainment and gaming sectors. Moreover, a sense of depth perception is expected to drive the market opportunity. However, the rise in health-related issues coupled high cost of installation of 3D display solutions are acting acts as a prime barrier to early adoption, which hampers the growth of the market. On the contrary, the surge in the market of TVs, monitors, smartphones, and tablets is expected to offer potential growth opportunities for the 3D display market during the forecast period.
Segment Overview
The global 3D display market is segmented based on format type, technology, access method, application, and region.
The type segment includes volumetric display, stereoscopic display, and HMD. The stereoscopic display segment dominated the market, in terms of revenue, in 2020, and is expected to follow the same trend during the forecast period.
By Type
Stereoscopic segment influence the market in 2020, and expected to follow the same in future.
By technology, the market is segmented into DLP RPTV, PDP, OLED, and LED. The LED segment dominated the market in 2020 and is anticipated to drive the market in the coming years.
By Technology
LED on the Move segment hold domination position in 2020.
Through access method, the 3D display industry is split into screen-based display and micro display. The screen-based display segment was the highest revenue contributor in 2020 and is anticipated to garner a significant market share during the forecast period.
By Access Methods
Screen Based Display on the Move segment hold domination position in 2020.
Based on application, it is classified into TV, smartphones, monitors, mobile computing devices, projectors, HMD, and others. The TV segment acquired the largest share in 2020, and the BFSI segment is expected to grow at a high CAGR from 2021 to 2030.
By Application
TV segment generated the highest revenue in 2020.
Region-wise, the 3D display market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and the rest of Europe), Asia-Pacific (China, Japan, India, and the rest of the Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific, specifically China, remains a significant participant in the global 3D display industry. Major organizations and government institutions in the country are intensely putting resources into the technology.
By Region
Asia-Pacific segment garner significant market share in 2020.
Competition Analysis
Competitive analysis and profiles of the major 3D display market players, such as Sony Corp., Panasonic Corp., LG Electronics Inc., Samsung Electronics Corp., Toshiba Corp., Sharp Corp., 3D Combination, 3DIcon, Fujifilm Corp. and Mitsubishi Electric Corp. are provided in this report.
Key Market Dynamics
The 3D display market is driven by the rising demand for immersive visual experiences in sectors such as entertainment, gaming, healthcare, and education. Key growth factors include advancements in display technologies, such as OLED and holographic displays, which enhance image quality and viewer engagement. The increasing popularity of 3D content, particularly in movies and virtual reality (VR) applications, is further propelling market growth. Additionally, the integration of 3D displays in various consumer electronics, including smartphones and televisions, contributes to heightened consumer interest. However, challenges such as high production costs and limited content availability can hinder broader adoption.
Regional/Country Market Outlook
- North America: The U.S. leads the 3D display market, fueled by a strong entertainment industry and significant investments in VR technologies. The region also benefits from a growing presence of tech companies developing innovative 3D applications.
- Asia-Pacific: Countries like Japan and South Korea are at the forefront of 3D display technology, with major manufacturers producing high-quality displays for gaming and consumer electronics. China's increasing investment in 3D content creation is also expected to boost market growth in the region.
- Europe: The market in Europe is primarily driven by advancements in the automotive and healthcare sectors, where 3D displays are used for design visualization and medical imaging. Countries like Germany and the UK are key players in adopting and developing 3D technologies.
- Latin America & Middle East: Although smaller markets, these regions are experiencing growth due to rising smartphone adoption and interest in gaming. Investment in the entertainment and education sectors is likely to foster demand for 3D display technologies.
Report Coverage & Deliverables
This report delivers in-depth insights into the 3D display market, type, technology, access method, application, region, and key strategies employed by major players. It offers detailed market forecasts and emerging trends.
Type Insights
Stereoscopic displays are the largest segment in the 3D display market. Their popularity is primarily driven by the widespread adoption of 3D technology in entertainment, gaming, and cinema, offering viewers a more immersive experience. The ability to create depth perception enhances visual engagement, making them a preferred choice for both consumers and industries.
Technology Insights
The LED segment accounts for the largest share in the 3D display market. This is primarily due to its energy efficiency, longer lifespan, and ability to produce bright and vibrant images. The widespread adoption of LED technology in televisions and digital signage has further contributed to its dominance, making it a preferred choice for both consumers and commercial applications.
Access Methods Insights
Screen-based displays dominate this segment, largely due to their versatility and wide range of applications, from home entertainment systems to commercial use. They are favored for their ease of use and ability to support various 3D content formats, making them accessible to a broader audience.
Application Insights
The TV segment is the largest application for 3D displays. The rising demand for 3D content in home entertainment, coupled with advancements in display technologies, drives this growth. Consumers are increasingly seeking immersive viewing experiences, making 3D TVs a popular choice for families and entertainment enthusiasts.
Regional Insights
The Asia-Pacific region dominates the 3D display market, driven by strong demand from countries like China, Japan, and South Korea. The presence of leading manufacturers and rapid advancements in display technologies, along with a growing consumer base for entertainment and gaming, significantly bolster market growth in this region. Additionally, increasing investments in 3D content production further enhance the appeal of 3D displays across various applications.
Key Strategies and Developments
- On January 9, 2024 - Sony Corporation announced the development of an immersive spatial content creation system, which includes an XR head-mounted display equipped with high-quality 4K OLED Microdisplays and a video see-through function. This system is aimed at supporting creators in sophisticated 3D content creation. At launch, Sony is exclusively partnering with Siemens, a leader in industrial technology, to introduce a new solution for immersive design and collaborative product engineering using software from the Siemens Xcelerator open digital business platform. The system will be available later in 2024. This spatial content creation system, equipped with Sony’s proprietary rendering technology, enables real-time, high-definition, and realistic rendering of textures of 3D objects and facial expressions of human characters.
- On January 12, 2024 - BOE Technology Group Co., Ltd. showcased its cutting-edge display technology and smart cockpit solutions at the International Consumer Electronics Show 2024 (CES 2024) held in Las Vegas, USA. BOE demonstrated more than 50 innovative consumer electronics products jointly with many global A-list brands, including Samsung, LG, Lenovo, HP, ASUS, Qualcomm, Microsoft, and Continental Electronics.
Key Benefits for Stakeholders
- This study comprises an analytical depiction of the 3D display market size along with the current trends and future estimations to depict the imminent investment pockets.
- The overall 3D display market analysis is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current 3D display market forecast is quantitatively analyzed from 2021 to 2030 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the smart display.
- The report includes the market share of key vendors and 3D display market trends.
3D Display Market Report Highlights
| Aspects | Details |
 By Type |
|
 By TECHNOLOGY |
|
 By ACCESS METHODS |
|
 By APPLICATION |
|
 By Region |
|
 By Key Market Players |
|
Analyst Review
The 3D display industry has enormous development potential globally. The market, which is still in its early stages, has begun to contribute considerably to the broader 3D technology industry. Furthermore, the contribution to the worldwide market is predicted to grow considerably in coming years. In addition, rise in demand for the Internet of Things, smart infrastructure, and artificial intelligence solutions across the residential, commercial, and healthcare sectors is projected to drive the growth of the 3D display market in the coming years.
The global 3D display market is highly competitive, owing to strong presence of existing vendors. 3D display vendors, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals, as they have the capacity to cater to the market requirements. The competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by key vendors.
Surge in demand for VR gaming solution across residential sectors globally is driving the need to enhance 3D display solutions such as in-home system and mobile systems. Moreover, prime economics, such as the U.S., China, the UK, and Japan, plan to develop and deploy next-generation 3D display solutions across various sectors. For instance, in May 2020, Ocutrx Vision Technologies, LLC announced the launch of its new 3D display based medical technique perception theater solution, Ocutrx OR-Bot, equipped with 3D 8K solution, which is anticipated to provide lucrative opportunities for the market growth.
Among the analyzed regions, Asia-Pacific exhibits the highest adoption rate of 3D display and has been experiencing massive expansion of the market. On the other hand, Asia-Pacific is expected to grow at a faster pace, predicting lucrative growth, due to emerging countries, such as China, Japan, and India, investing in these technologies. Regions, such as the Middle East and Latin America, are also expected to offer new opportunities in the 3D display market in future.
Various key players and government agencies are investing in 3D display to make them compatible with various industrial platforms globally. For instance, in February 2019, the VividQ a leading develop of 3D display solution announced a collaboration with Fourth Dimension Display Ltd, to develop a holographic 3D solution for mixed reality headsets to offer real time images, which is showcasing lucrative growth opportunities for the market growth.
The key players profiled in the report include 3D display market players, such as Sony Corp., Panasonic Corp., LG Electronics Inc., Samsung Electronics Corp., Toshiba Corp., Sharp Corp., 3D Fusion, 3DIcon, Fujifilm Corp. and Mitsubishi Electric Corp.
Loading Table Of Content...
