News

The global Volumetric Display market size is expected to be worth around US$ 10.05 billion by 2030, according to a new report by Vision Research Reports.

The global Volumetric Display market size was valued at US$ 200.88 Mn in 2020 and is anticipated to grow at a CAGR of 30.8% during forecast period 2021 to 2030.

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Volumetric Display Market (By Display Type: Static-volume display, Swept-volume display; By End-use: Medical, Aerospace & Defense, Automotive, Media, Communication, & Entertainment, Education & Training, Others (Oil & Gas, Mining, etc.)) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

Growth Factors

Several in-built features such as visualization of holographic aerial images in free space, 360-degree spherical viewing angle, autostereoscopic capabilities, and motion-based depth cues are likely to drive the market over the forecast period.

Volumetric displays are widely preferred across several industries such as military and defense, healthcare, media, communication, entertainment, and aerospace owing to their built-in features. Massive investments in R&D by prominent market players such as LightSpace Technologies Inc. are estimated to create a significant opportunity for players to gain a substantial market share over the coming years. Moreover, these investments are majorly focused on improving overall in-built features of volumetric displays, which will cater to growing consumer demand for enhanced visual experiences during gaming and other applications. Robust deployment of 5G network infrastructure is further anticipated to spur the adoption of volumetric displays to provide seamless connectivity and enhanced experience to customers during video calls.

Report Highlights

 Based on the display type, the volumetric display market has been segmented into swept-volume and static volume. The static-volume segment held the largest market share of more than 50.0% in 2020 and is anticipated to expand at a significant CAGR over the forecast period. Static volumetric displays are highly preferred among customers due to their ease of availability in various categories.

The swept volume segment is expected to exhibit a CAGR of 37.1% from 2021 to 2030. The growth is attributed to the significant focus on developing advanced swept volume displays by prominent market players globally.

the medical segment captured over 40.6% share in the global market and is expected to expand at the highest CAGR among the end-use segments from 2021 to 2030. The volumetric display has gained momentum in the field of medical imaging applications owing to its significant use during surgeries. It creates a unique hyper-realistic experience for visualization of medical images during surgeries.

the North America market attained a market share of more than 45.0% in the global market and is anticipated to register a CAGR of 49.95% over the forecast period. Rapid penetration of 3D volumetric displays in the oil and gas industry for visualization of 3D fluid flow in real-time is the key factor influencing the market growth. Increasing adoption of new technologies such as autostereoscopic display in healthcare is propelling the demand for volumetric display for medical imaging applications.

Report Coverage	Details
Market Size	US$ 10.05 billion by 2030
Growth Rate	CAGR of 30.8% From 2021 to 2030
Base Year	2020
Forecast Period	2021 to 2030
Segments Covered	Display Type, End-use, Region
Companies Mentioned	Lightspace Technologies Inc., Voxon Photonics Pty Ltd., The Coretec Group Inc., Holoxica Ltd., Alioscopy, Holografikakft., Leia, Inc, Looking Glass Factory, Inc., SeeReal Technologies GmbH, The Coretec Group, Inc.

Key Players

• Lightspace Technologies Inc.
• Voxon Photonics Pty Ltd.
• The Coretec Group Inc.
• Holoxica Ltd.
• Alioscopy
• Holografikakft.
• Leia, Inc
• Looking Glass Factory, Inc.
• SeeReal Technologies GmbH
• The Coretec Group, Inc.

Market Segmentation

• Display Type Outlook
  • Static-volume display
  • Swept-volume display
• End-use Outlook
  • Medical
  • Aerospace & Defense
  • Automotive
  • Media, Communication, & Entertainment
  • Education & Training
  • Others (Oil & Gas, Mining, etc.)
• Regional Outlook
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
  • Rest of the World

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.

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