3D Display Market Developments and Forecast by 2028

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

3D Display Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Stereoscopic 3D Display and Autostereoscopic 3D Display), Technology (Digital Light Processing, Organic Light Emitting Diode, and Light Emitting Diode), and Application (Consumer Electronics, Automotive, Medical, Advertising, Retail, Military and Defense, and Others)

  • Report Date : Dec 2021
  • Report Code : TIPTE100000774
  • Category : Electronics and Semiconductor
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 188

The 3D display market was valued at US$ 575.09 million in 2021 to reach US$ 3,290.83 million by 2028; it is estimated to register a CAGR of 28.3% from 2021 to 2028.

Consumer electronics, automotive, medical, military & defense, industrial, media & entertainment, gaming are among the potential markets for 3D displays. Additionally, growth in entertainment and gaming industries positively impacted the 3D display market as the number of cinema screens has increased significantly, i.e., ~125,000 in 2021 cinema screens have begun operating on a digital platform globally. Moreover, the rising adoption of  augmented reality   in various medical applications to improve the vision capabilities of surgeons, decrease operation time, and pre-operative planning is creating opportunities for the 3D display market. For instance, in May 2020, Ocutrx Vision Technologies, LLC has announced the development of its new surgery visualization theater, “Ocutrx OR-Bot,” which is equipped with a 3D 8K display monitor to operate surgical tools. However, the continuous investments especially in autostereoscopic 3D display solutions and growing number of partnerships between market players and end users to develop advanced holographic and volumetric 3D display systems for a wide range of applications are among the factors driving the growth of global 3D display market.

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3D Display Market: Strategic Insights

3d-display-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.



Impact of COVID-19 Pandemic on 3D Display Market

 

The COVID-19 crisis affected industries worldwide, and the global economy took the worst hit in 2020, which is likely to continue in 2021. The outbreak created significant disruptions in primary industries such as automotive, retail, and consumer electronics. The sharp decline in electronics and manufacturing industries is impacting the growth of the global 3D display market. North America is one of the most favorable region for the adoption and growth of new technologies due to supporting government policies to boost innovation, presence of huge industrial base, and high purchasing power especially in developed countries such as the US and Canada. North America is home to a large number of manufacturing and technology companies, and thus the impact of COVID-19 outbreak had been quite severe till mid-2021. The region is expecting market recovery and economic improvement with the COVID-19 vaccination drives.

 

Market Insights – 3D Display Market

Growing Number of Industry Partnerships to Boost Market Growth

The current key application areas of 3D displays are marketing and advertising sectors. Medical, automotive, and defense are expected to be among the potential areas for 3D displays. The prospective application areas of 3D display technologies could be unprecedented in number depending on the positive growth and technology development in the market.

Type-Based Insights

Based on type, the 3D display market is segmented into stereoscopic 3D display and autostereoscopic 3D display. The autostereoscopic 3D display segment held a larger market share in 2021.

Players operating in the 3D display market are mainly focused on the development of advanced and efficient products.

  • In April 2021, AUO launched stunning series of ALED Displays at Touch Taiwan 2021 with world-leading micro LED technology and applications on showcase.
  • In September 2021, Samsung's stretchable display can turn 2D content into moving 3D scenes.

3D Display Market Regional Insights

The regional trends and factors influencing the 3D Display Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses 3D Display Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

3d-display-market-global-geography
  • Get the Regional Specific Data for 3D Display Market

3D Display Market Report Scope

Report Attribute Details
Market size in 2021 US$ 575.09 Million
Market Size by 2028 US$ 3,290.83 Million
Global CAGR (2021 - 2028) 28.3%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Type
  • Stereoscopic 3D Display and Autostereoscopic 3D Display
By Technology
  • Digital Light Processing
  • Organic Light Emitting Diode
  • Light Emitting Diode
By Application
  • Consumer Electronics
  • Automotive
  • Medical
  • Advertising
  • Retail
  • Military and Defense
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • AU OPTRONICS CORP
  • Innolux Corporation
  • LG Electronics
  • Mitsubishi Electric Corporation
  • Panasonic Corporation
  • Samsung Group
  • Sharp Corporation
  • Looking Glass Factory Inc
  • Light Field Lab, Inc

  • 3D Display Market Players Density: Understanding Its Impact on Business Dynamics

    The 3D Display Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the 3D Display Market are:

    1. AU OPTRONICS CORP
    2. Innolux Corporation
    3. LG Electronics
    4. Mitsubishi Electric Corporation
    5. Panasonic Corporation

    Disclaimer: The companies listed above are not ranked in any particular order.


    3d-display-market-cagr

    • Get the 3D Display Market top key players overview

    The 3D display market is segmented into type, technology, application, and geography. Based on type, the market is segmented into stereoscopic 3D display and autostereoscopic 3D display. In 2021, the autostereoscopic 3D display segment led the 3D display market and accounted for the largest market share. Based on technology, the market is categorized into digital light processing, organic light emitting diode, and light emitting diode. In 2021, the digital light processing segment led the 3D display market and accounted for the largest market share. Based on application, the market is segmented into consumer electronics, automotive, medical, advertisement, retail, military & defense, and others. In 2021, the consumer electronics segment led the 3D display market and accounted for the largest market share. Geographically, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, North America accounted for a significant share in the global market.

    Some of the major vendors in the global 3D Display Market includes the companies such as AU OPTRONICS CORP, Innolux Corporation, LG Electronics, Mitsubishi Electric Corporation, Panasonic Corporation, Samsung Group, Sharp Corporation, Looking Glass Factory Inc, Light Field Lab Inc, Leia Inc, Sony, Toshiba Corporation, and Fujifilm Corporation.


    Frequently Asked Questions

    What are key driving factors behind 3D display market growth?

    The 3D display have been in use for several years worldwide, however, the technology has been experiencing immense demand in recent years. Potential applications of advanced 3d display technologies in end-user industries is supporting the growth of 3D display market.

    Which are the major companies operating in the 3D display market?

    The major companies in 3D display includes Samsung, AU Optronics Corp., HYPERVSN, LEIA INC., and Holografika. The ranking has been derived analysing multiple parameters such as annual revenue earned from 3D display portfolio, client base, geographic locations, R&D expenditure, brand image, and number of employees, among others. These companies are actively participating in developing 3D display for various applications.

    What are key market opportunities for 3D display market?

    The present 3D display market is in its nascent stages of growth cycle and companies operating in this market are investing heavily in research and development to bring successful 3D display systems to the commercial market. Medical, automotive, and defense are expected to be some of the largest growth potential areas for the demand of 3D displays worldwide. The prospective application areas of 3D display technologies could be unprecedented in number depending on the positive growth and technology development in the market.

    Which country dominated the North America region 3D display market?

    US held the largest share in North America region. The US is a technologically advanced country that adopts technologies at an early phase. The rising number of 3D cinemas, increasing penetration of smart TVs and digital video games users, and others are expected to drive the market growth. Moreover, the increasing demand for 3D display technology is rising in the defense industry due to its wide adoption in creating awareness in education and battlefield monitoring applications.

    Which type dominated the market in 2021?

    The global 3D display market was dominated by autostereoscopic 3D display segment accounted for the largest share in 2021 and the testing services segment is anticipated to be one of the fastest growing segments during the forecast period. The autostereoscopic 3D display segment is anticipated to flourish during the forecast period, owing to the benefits of viewing 3D content without the use of special hardware, coupled with growing need for creating impressive and profound experience to reach the target audience, and increasing investment and product development by market players.

    Which region has dominated the 3D display market in 2021?

    In 2021, North America led the market with a substantial revenue share, followed by APAC and Europe. The rising adoption of innovative technologies for movies has been immensely increased in the region. The media & entertainment industry is looking forward to implementing glasses-free 3D technology for enhanced consumer experience. For instance, the Oscar-winning movie “Avatar” was made in 3D; it has broken the box-office records. Back then, the movie was viewed with 3D glasses.

    Naveen Chittaragi
    Naveen Chittaragi
    Associate Vice President,
    Market Research & Consulting

    Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

    Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

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    The List of Companies - 3D Display Market

    1. AU OPTRONICS CORP
    2. Innolux Corporation
    3. LG Electronics
    4. Mitsubishi Electric Corporation
    5. Panasonic Corporation
    6. Samsung Group
    7. Sharp Corporation
    8. Looking Glass Factory Inc
    9. Light Field Lab, Inc
    10. Leia Inc
    11. Sony Corporation
    12. Toshiba Corporation
    13. Fujifilm Corporation
    14. BOE Technology Group
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