VOLUMETRIC DISPLAY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global volumetric display market is estimated to be valued at USD 360.3 Mn in 2024, exhibiting a compound annual growth rate (CAGR) of 24.4% from 2024 to 2031.

Volumetric display is a developing technology that generates 3D images without the need for glasses. It works by outputting dynamic 3D points of light in space, which when seen together allow the perception of depth. This involves rapidly computing and changing the output of each light source to give the perception of a multidimensional image floating in space. Potential applications include advanced medical imaging, scientific visualization, architecture and product design. The market is currently in the nascent stages as the technology requires significant advancements in light engines, optics and image generation algorithms to enable consumer level applications. However, with continued R&D, the market has potential to grow substantially in near future as the technology matures.

Market Dynamics:

Global volumetric display market growth is driven by increasing demand for advanced visualization technologies across multiple industries such as healthcare, entertainment and defense. Rapid improvements in display resolution along with decreasing costs of components such as lasers and optical elements is fueling opportunities. However, high production costs and technological limitations continue to restraint wider adoption. Considerable investments in research is helping address these challenges. Development of high resolution and high speed light engines with wider viewing angles present new opportunities. Integration of volumetric displays with augmented and virtual reality technologies can further accelerate growth prospects.

Key features of the study:

• This report provides in-depth analysis of the global volumetric display market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global volumetric display market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Coretec Group Inc., Lightspace Labs, Voxon Photonics, Holografika kft., Holoxica Ltd, Leia Inc., SEEKWAY, Looking Glass , Burton Inc., and Alioscopy.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global volumetric display market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Detailed Segmentation:

• By Display Type 
  • Swept Volume Display
  • Static Volume Display
• By Application 
  • Medical
  • Aerospace & Defense
  • Automotive
  • Media & Entertainment
  • Education
  • Others
• By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Key Players Insights
  • Coretec Group Inc.
  • Lightspace Labs
  • Voxon Photonics
  • Holografika kft.
  • Holoxica Ltd
  • Leia Inc.
  • SEEKWAY
  • Looking Glass
  • Burton Inc.
  • Alioscopy