Market Size of Volumetric Display Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 30.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Volumetric Display Market Analysis
The volumetric display Market is expected to grow at a CAGR of 30% over the forecast period (2021 - 2026). Volumetric displays create a luminous image point in space resembling a three-dimensional image of an object in thin air visible from any direction and angle.
- The technological advancements in the fields of 3D displays are one of the important factors contributing to the growth of the volumetric display market over the forecast period.
- For instance, the research team from Utsunomiya University's Kumagai Yukinobu campus showed their volumetric display that created a 3D stereoscopic image by using bubbles in a transparent liquid that were then coloured with laser light.
- By investing heavily in the research and development activities by the players in the market and by various educational institutions has allowed them to further augment as well as bring about innovations in the technology thereby driving the demand for such displays in the market.
- In January 2018, researchers from the University of Rochester created a small butterfly appearing to dance above a finger which can be seen no matter where the viewer is standing.
- However, high costs and complex manufacturing procedures are some of the factors that could hinder the growth of the volumetric displays market over the forecast period.
