The global 3D Display Market is projected to reach 204.16 billion by 2025 owing to the increase in the use of 3D technologies for a wide range of applications in different industries. 3D display (Stereo Display) is a display device that is capable of offering depth perception to the spectator with the help of stereopsis for binocular visualization. Almost every device in the day-to-day environment includes a 3D display. For example laptops, cameras, cellphones, and other handheld electronics. The continuous improvements in 3D technology and its use in various industries are predicted to boost the 3D display market at a CAGR of 19.4% in the forecast period.
The modernizations in 3D technology have widened the use of 3D displays in several fields like photography, education, video, gaming, engineering simulation, defense, etc. The demand for 3D display in smartphones, monitors, tablets, and healthcare instruments are fueling the market growth. However, the cost of the 3D display and shortage of 3D content are barriers to the growth of the market. Additionally, the improved technologies in games, movies, and the rising market of monitors, TV, tablet, smartphone along with the scope of 3D display penetration is all set to provide abundant growth opportunities in the 3D display market in near future.
The adoption of 3D displays in the advertisement industry is one of the major prevailing trends in the market. The advertising organizations are progressively adopting 3D display technology to improve hoarding advertisements and display the commercials films. They are also deploying auto-stereoscopic technology for hoardings. An increase in the number of sports competitions, live concerts, and corporate tradeshows is driving the growth of the market. Moreover, the lack of interoperability between stakeholders like flat-panel manufacturers, 3D content owners, and broadcasting operators, etc. operating in the supply chain market are confining the growth of the market. Nevertheless, the rising health issues are boosting the use of 3D technology in advanced medical tools & instruments.
The 3D display market can be categorized based on type, technology, application, and geography. Based on type, the market is divided into head-mounted display, volumetric display, and stereoscopic display. Stereoscopic display demand is predicted to be dominant throughout the future due to the growth in its application in smartphones, TVs, monitors, and other electronic devices with screens.
In terms of technology, the 3D display market is segmented as a plasma display panel (PDP), organic light-emitting diode (OLED), digital light processing (DLP), and light-emitting diode (LED) technology. LED backlighted LCD technology products are the most commonly used 3D displays. LED backlighted displays are more preferred over CCFL backlighting due to their energy-efficient solution and compact design. In terms of adoption, growing display technologies like OLED are predicted to witness giant growth.
Based on application, the 3D display market is distributed among consumer electronics (tablets, smartphones, TV, etc.), retail, entertainment, automotive, medical, advertising, and military & defense. Owing to the greater adoption of consumer electronics, the segment is projected to dominate the market in the future. An increasing number of 3D games and growing adoption of 3D content is likely to drive the growth of the entertainment and advertising industries respectively.
Geographically, the 3D display market is segmented as North America, Latin America, Eastern Europe, Western Europe, Japan, Asia-Pacific, and Middle East & Africa. China and United States dominated the market in the Asia Pacific and North America in 2016 respectively. Presently, the Asia Pacific and North America are dominating the market. The prominent 3D display market players profiled here are Panasonic Corp., Sony Corp., LG Electronics Inc., Toshiba Corp., Sharp Corp., Samsung Electronics Corp., 3D fusion, 3DIcon, Mitsubishi Electric Corp, and Fujifilm Corp.
Market Segment:
3D Display Product Outlook (Revenue, USD Billion, 2014 - 2025)
• Volumetric display
• Stereoscopic
• Head-Mounted Displays (HMD)
3D Display Technology Outlook (Revenue, USD Billion, 2014 - 2025)
• DLP
• PDP
• OLED
• LED
3D Display Application Outlook (Revenue, USD Billion, 2014 - 2025)
• TV
• Smartphones
• Monitor
• Mobile computing devices
• Projectors
• HMD
• Others
3D Display Regional Outlook (Revenue, USD Billion, 2014 - 2025)
• North America
• the U.S.
• Canada
• Europe
• the U.K.
• Germany
• the Asia Pacific
• India
• China
• Japan
• Rest of the World (RoW)
Research Support Specialist, USA