Global Volumetric Display Market to Witness Steady Growth in the Coming Years Growing Popularity 2032

Global volumetric display market is expected to experience significant growth over the forecast period, driven by the increasing demand for immersive 3D viewing experiences in various industries, including entertainment and healthcare. The growth of advanced display technologies, such as AR, VR, and mixed reality, is also contributing to the adoption of volumetric displays.

Furthermore, the increasing popularity of 3D entertainment, including movies, video games, and live events, is fueling the development of volumetric displays. The medical industry is also utilizing volumetric displays to achieve accurate 3D visualization during surgeries, medical training, and diagnostics.

To meet the growing demand for high-quality, portable, and lightweight volumetric displays, manufacturers are investing in R&D to increase the display resolution, size, and quality. As a result, the market is expected to witness significant revenue growth over the forecast period.

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Some Key Highlights from the Report

  • During the forecast period, the static volume displays segment is expected to account for a moderately large revenue share. The sweeping volume display segment is frequently used in the automobile and aviation industries, where 3D object viewing is necessary for design and manufacturing purposes. On the other hand, the static volume display segment is mostly used in medical imaging, where it is essential to visualize organs and tissues with accuracy and precision.
  • Throughout the projection period, the medical segment is anticipated to generate the biggest revenue share. In order to give a more accurate and detailed representation of organs and tissues, volumetric displays are increasingly being used in medical imaging applications like Computed Tomography (CT) and Magnetic Resonance Imaging (MRI). Also, during surgeries, volumetric displays can aid surgeons in seeing complex anatomical features, increasing outcomes and reducing risk of complications.
  • The medical segment is expected to account for the largest revenue share during the forecast period. Volumetric displays are increasingly being used in medical imaging applications, such as computed tomography (CT) and magnetic resonance imaging (MRI), to provide a more accurate and detailed representation of organs and tissues. Furthermore, volumetric displays can assist surgeons in visualizing complex anatomical structures during operations, improving outcomes and reducing the risk of complications.
  • The North American market is anticipated to generate the biggest revenue share Over the forecast period. This is because there is a growing need for inventive visualization solutions across several sectors and extensive utilization of cutting-edge technology. Also, the market in this area is anticipated to expand in revenue due to the substantial expenditures that big companies are making in R&D initiatives to produce cutting-edge goods. In the local market, the healthcare industry, which has a strong need for medical imaging technology, is a prominent consumer of volumetric displays.

Competitive Landscape:

Competitive landscape of global Keyword market is quite fragmented with regional and global key players. These market players are involved in various strategies including mergers and acquisitions, collaborations, new product launches or corporate deals to retain their market position and expand their product portfolio.

some of the prominent players in the global volumetric display market. Voxon Photonics is a leading manufacturer of volumetric displays that offers 3D holographic display technology.

voxon Photonics, LEIA Inc., Holografika Kft., Ovizio Imaging Systems, 3DIcon Corporation, Zebra Imaging, HoloTech Switzerland AG, HoloVis International, Lightspace Technologies, and Kino-mo.

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The volumetric display market is segmented into two types: swept volume displays and static volume displays. The swept volume display segment is commonly used in industries such as automobile and aviation, where 3D object viewing is critical for design and manufacturing purposes. This segment provides a 360-degree view of an object by sweeping a laser or LED light through a volume of space to create an image.

On the other hand, the static volume display segment is mostly used in medical imaging, where it is important to accurately and precisely visualize organs and tissues. This type of display creates a 3D image by projecting multiple 2D images onto a fixed volume of space.

According to the latest report by Reports and Data, the static volume display segment is expected to account for a moderately large revenue share during the forecast period. This can be attributed to the growing demand for 3D imaging in the healthcare industry, where static volume displays are widely used for medical diagnostics and surgeries.

The global market is further segmented into type and application:

Type Outlook (Revenue, USD Million; 2022 – 2032)

  • Swept-volume Display
  • Static-volume Display

End-use Outlook (Revenue, USD Million; 2022 – 2032)

  • Medical
  • Aerospace & Defence
  • Automotive
  • Media, Communication & Entertainment
  • Education & Training
  • Others (Oil & Gas, Mining etc.)

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
  • Latin America (Brazil, Rest of LATAM)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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