3D Display Market Anticipated for Progressive CAGR by 2026
Category: #business  By Ronak Bora  Date: 2022-07-06
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3D Display Market Anticipated for Progressive CAGR by 2026

According to a study conducted by GMI, the 3D display market might exceed USD 60 billion by the year 2026. Increasing emphasis on improving air traffic control could boost the 3D display industry over the forthcoming years. 3D visualization offers highly precise data and enhanced awareness regarding the position of aircraft. The technology is also gaining traction in the entertainment sector given to robust demand for television sets that offer realistic viewing experience. Advent of streaming services like Hotstar, Hulu and Netflix have supported the development of 3D web series and movies.

Meanwhile, the emergence of Augmented Reality and Virtual Reality (AR/VR) technology in the gaming sector has proliferated the demand for 3D gaming consoles, 3D display market projectors and head-mounted displays. Various video game developers like Rockstar Games, Oculus, and Nintendo are introducing new 3D games to provide a more immersive experience for gamers.

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3D display monitors are being used in multiple events and expos worldwide. To illustrate, in 2020, Dubai Electricity and Water Authority implemented the latest smart solutions to deliver a simulated 3D virtual environment at the 5th Dubai Solar Show and the 22nd Water, Energy, Technology and Environment Exhibition (WETEX).

This growth can be contributed to some of the ongoing trends mentioned below:

Gaining popularity across the healthcare sector-

Increasing applications of 3D display monitors in the healthcare & medical sector could broaden the business horizon for the 3D display companies. Estimates suggest that the 3D monitor segment could attain a growth rate of more than 27% by the end of 2026. These monitors come with integrated medical imaging systems like MRI scans, X-rays, and ultrasound images to generate 3D visuals of the body’s interior for medical intervention and clinical analysis.

Promising opportunities across Europe -

Presence of leading automotive OEMs such as BMW Group, Audi and PSA Group could strengthen the Europe 3D display industry growth. The region earlier accounted for more than 20% of the 3D display market share and is anticipated to maintain growth rate around 25% over the predicted timeframe. Major automotive companies are integrating 3D displays in advanced automotive safety systems like ADAS and self-driving cars.

Adoption of lucrative business strategies -

Companies operating in the 3D display market are working on implementing organic as well as inorganic business strategies like collaborations, new product launches and mergers to develop their market presence and enhance their geographical reach. Taking September 2020 for instance, Chinese mobile company, Oppo revealed that its first-ever smartwatch, dubbed the Oppo Watch, will have a curved 3D display.

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Table of Contents (ToC) of the report:

Chapter 1.    Methodology and Scope

1.1.    Scope & definition

1.2.    Methodology & forecast

1.3.    Data Sources

1.3.1. Primary

1.3.2. Secondary

Chapter 2.    Executive Summary

2.1.    3D display market 3600 synopsis, 2016 - 2026

2.1.1. Business trends

2.1.2. Regional trends

2.1.3. Product trends

2.1.4. Technology trends

2.1.5. Application trends

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/3d-display-market

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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