The 3D display market in Europe is expected to grow from US$ 143.30 million in 2021 to US$ 783.39 million by 2028; it is estimated to grow at a CAGR of 27.5% from 2021 to 2028.
UK, Germany, France, Italy, and Russia are major economies in Europe. Rising industry collaborations is going to increase the demand of 3D displays which is the major factor driving the Europe 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. The current key application areas of current 3D displays are in marketing and advertising sectors. Medical, automotive, and defense are expected to be some of the largest growth potential areas for the demand of 3D displays. The prospective application areas of 3D display technologies could be unprecedented in number depending on the growth and technology development in the market. To enable this, 3D displays technology and system developers along with end-user industries are taking several initiatives like partnerships and investments like Volkswagen acquired a minority stake in the leading holographic display technology company SeeReal Technologies. Holographic display technology offers a huge potential for future automotive applications and interaction solutions for drivers and passenger in cars. Hence, growing number of investments and partnerships for development of 3D display technologies are anticipated to offer growth opportunities for the Europe 3D display market during the forecast period.
Russia, the UK, France, Spain, Italy, and Germany are among the worst-affected European countries by the COVID-19 pandemic. Businesses in the region are facing severe economic difficulties as they had to suspend operations or reduce activities in a substantial manner. The region is a major manufacturing and industrial hub for sectors such as consumer electronics and automotive. Hence, due to business lockdowns, travel bans, and supply chain disruptions, Europe witnessed an economic slowdown till Mid-2021. Italy, Spain, and Germany implemented drastic measures and travel restrictions to limit the spread of COVID-19 in 2020 and in several months in 2021. European countries are the major developers and adopters of 3D displays due to the high purchasing power of people and the presence of evolved advertising industry. The region invests huge resources in the development of 3D display technologies for the automotive industry. Major automotive players such as Continental AG and Volkswagen have implemented holographic displays in their vehicles. However, upon the onset of COVID-19, the manufacturing of 3D display devices witnessed a sharp decline in European countries, and automotive and other industries were under stress till mid-2021. Moreover, disruptions in raw materials and electronic component supply from China further aggravated the difficulties of manufacturing industries in this region. All these factors limited the 3D display market growth in Europe in 2020 and early 2021.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe 3D display market. The Europe 3D display market is expected to grow at a good CAGR during the forecast period.
Europe 3D Display Market Revenue and Forecast to 2028 (US$ Million)
Europe 3D Display Market Segmentation
Europe 3D Display Market – By Type
- Stereoscopic 3D Display
- Autostereoscopic 3D Display
Europe 3D Display Market – By Technology
- Digital Light Processing
- Organic Light Emitting Diode
- Light Emitting Diode
Europe 3D Display Market – By Application
- Consumer Electronics
- Automotive
- Medical
- Advertising
- Retail
- Military and Defense
- Others
Europe 3D Display Market, by Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe 3D Display Market - Companies Mentioned
- AU Optronics Corp.
- BOE Technology Group
- Fujifilm Corporation
- Innolux Corporation
- Leia Inc.
- LG Electronics Inc.
- Looking Glass Factory Inc
- Mitsubishi Electric Corporation
- Panasonic Corporation
- Samsung Group
- Sharp Corporation
- Sony Corporation
- Toshiba Corporation
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Technology, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe 3D Display Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. 3D Display Market – Europe Analysis
5.1 Europe 3D Display Market Overview
5.2 Europe 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
6. Europe 3D Display Market – Key Market Dynamics
6.1 Market Drivers
6.1.1 Advanced 3D Display Technologies Finding Huge Usage in End-User Industries
6.2 Market Restraints
6.2.1 Cost Problems Related to 3D Display Technologies
6.3 Market Opportunities
6.3.1 Rising Industry Collaborations to Increase the Demand
6.4 Future Trends
6.4.1 Rise in Growth Owing to Holographic 3D Display Systems
6.5 Impact Analysis of Drivers and Restraints
7. Europe 3D Display Market Analysis– By Type
7.1 Overview
7.2 Europe 3D Display Market, by Type (2020 and 2028)
7.3 Stereoscopic 3D Display
7.3.1 Overview
7.3.2 Stereoscopic 3D Display: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Autostereoscopic 3D Display
7.4.1 Overview
7.4.2 Autostereoscopic 3D Display: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe 3D Display Market Analysis – By Technology
8.1 Overview
8.2 Europe 3D Display Market, by Technology (2020 and 2028)
8.3 Digital Light Processing
8.3.1 Overview
8.3.2 Digital Light Processing: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Organic Light Emitting Diode
8.4.1 Overview
8.4.2 Organic Light Emitting Diode: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Light Emitting Diode
8.5.1 Overview
8.5.2 Light Emitting Diode: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe 3D Display Market Analysis – By Application
9.1 Overview
9.2 Europe 3D Display Market, by Application (2020 and 2028)
9.3 Consumer electronics
9.3.1 Overview
9.3.2 Consumer Electronics: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Automotive
9.4.1 Overview
9.4.2 Automotive: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Medical
9.5.1 Overview
9.5.2 Medical: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Advertising
9.6.1 Overview
9.6.2 Advertising: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Retail
9.7.1 Overview
9.7.2 Retail: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Military & Defense
9.8.1 Overview
9.8.2 Military & Defense: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
9.9 Other Applications
9.9.1 Overview
9.9.2 Other Applications: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe 3D Display Market – Country Analysis
10.1 Overview
10.1.1 Europe: 3D Display Market, By Country
10.1.1.1 Germany: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: 3D Display Market, by Type
10.1.1.1.2 Germany: 3D Display Market, by Technology
10.1.1.1.3 Germany: 3D Display Market, by Application
10.1.1.2 France: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: 3D Display Market, by Type
10.1.1.2.2 France: 3D Display Market, by Technology
10.1.1.2.3 France: 3D Display Market, by Application
10.1.1.3 Italy: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: 3D Display Market, by Type
10.1.1.3.2 Italy: 3D Display Market, by Technology
10.1.1.3.3 Italy: 3D Display Market, by Application
10.1.1.4 UK: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: 3D Display Market, by Type
10.1.1.4.2 UK: 3D Display Market, by Technology
10.1.1.4.3 UK: 3D Display Market, by Application
10.1.1.5 Russia: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: 3D Display Market, by Type
10.1.1.5.2 Russia: 3D Display Market, by Technology
10.1.1.5.3 Russia: 3D Display Market, by Application
10.1.1.6 Rest of Europe: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: 3D Display Market, by Type
10.1.1.6.2 Rest of Europe: 3D Display Market, by Technology
10.1.1.6.3 Rest of Europe: 3D Display Market, by Application
11. Europe 3D Display Market- Impact Analysis of COVID-19
11.1 Europe
12. Industry Landscape
12.1 Market Developments
13. Company Profiles
13.1 AU OPTRONICS CORP.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Innolux Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 LG Electronics
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Mitsubishi Electric Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Panasonic Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Samsung Group
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Sharp Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Looking Glass Factory Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Leia Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Sony Corporation
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 Toshiba Corporation
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 Fujifilm Corporation
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
13.13 BOE Technology Group
13.13.1 Key Facts
13.13.2 Business Description
13.13.3 Products and Services
13.13.4 Financial Overview
13.13.5 SWOT Analysis
13.13.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany 3D Display Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany 3D Display Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany 3D Display Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. France 3D Display Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. France 3D Display Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 7. France 3D Display Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy 3D Display Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy 3D Display Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy 3D Display Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. UK 3D Display Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. UK 3D Display Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 13. UK 3D Display Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Russia 3D Display Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia 3D Display Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 16. Russia 3D Display Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Europe 3D Display Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe 3D Display Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe 3D Display Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe 3D Display Market Segmentation
Figure 2. Europe 3D Display Market Segmentation – By Country
Figure 3. Europe 3D Display Market Overview
Figure 4. Autostereoscopic 3D display segment Held the Largest Share During Forecast Period
Figure 5. Digital Light Processing Segment Held the Largest Share During Forecast Period
Figure 6. Advertising segment Held the Largest Share During Forecast Period
Figure 7. Europe 3D Display Market, Country Analysis
Figure 8. Europe: PEST Analysis
Figure 9. Europe 3D Display Market– Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. Europe 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe 3D Display Market: Impact Analysis of Drivers and Restraints
Figure 13. Europe 3D Display Market Revenue Share, by Type (2020 and 2028)
Figure 14. Europe Stereoscopic 3D Display: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Autostereoscopic 3D Display: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe 3D Display Market Revenue Share, by Technology (2020 and 2028)
Figure 17. Europe Digital Light Processing: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Organic Light Emitting Diode: 3D Display Market– Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Light Emitting Diode: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe 3D Display Market Revenue Share, by Application (2020 and 2028)
Figure 21. Europe Consumer Electronics: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Automotive: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Medical: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Advertising: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe Retail: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Europe Military & Defense: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Europe Others: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Europe: 3D Display Market, by Key Country – Revenue (2020) (US$ Million)
Figure 29. Europe: 3D Display Market Revenue Share, By Country (2020 and 2028)
Figure 30. Germany: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. France: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Italy: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. UK: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Russia: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Rest of Europe: 3D Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Impact of COVID-19 Pandemic in Europe Country Markets
- AU Optronics Corp.
- BOE Technology Group
- Fujifilm Corporation
- Innolux Corporation
- Leia Inc.
- LG Electronics Inc.
- Looking Glass Factory Inc
- Mitsubishi Electric Corporation
- Panasonic Corporation
- Samsung Group
- Sharp Corporation
- Sony Corporation
- Toshiba Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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