Volumetric Display Market worth US$1302.882 million by 2026
Knowledge Sourcing Intelligence launches the publication of a new report on “Volumetric Display Market – Forecast from 2019 to 2026” to their giving.
As per the report, the market for Volumetric display market is expected to grow at a steady pace.
The volumetric display forms a visual representation of an object in three physical dimensions. This helps in the better understanding and experience of the user. Unlike the conventional planar image that kindles depth through various diverse enhanced visualizations to make the screenless real image that places no impediments on the watcher’s position, Volumetric display creates a 3D Imagery using the emission, scattering xaor transmitting illumination from well-defined regions. Due to the physicality of volumetric images, it’s easier to consume space, like the actual article being portrayed. The advancement in technology and innovation is the prime factor for the growth of the volumetric display market. The increasing utilization of volumetric technology in several sectors like Aerospace & Defence, Medical and healthcare, Education & Training, Media & Entertainment, automotive, and Oil and Gas has contributed to the growth of the volumetric display market. Due to the ability of utilization in various medical procedures and surgeries, demand for volumetric displays is rising in the healthcare sector. For better diagnosis and treatment of the patients, the demand for advancement in devices used for medical imaging through volumetric technology has increased. As the volumetric display facilitates communicating and monitoring during wars, many governments of developed countries are increasingly investing in the same. Moreover, the consumer’s preference towards the volumetric over the conventional in terms of the display is rising as consumers want a better gaming experience and real-like images across various media. This factor is contributing to the increasing market size during the forecast period.
The Volumetric Display market has been fragmented into type, end-users, components, and geography.
Based on the type, the volumetric market has been classified as Static Volume Display, Swept Volume Display, and others. Whereas owing to the feasible availability and flexible utilization, Static Volume Display is expected to exhibit the highest growth during the forecast period. Likewise, even Swept Volume Display type has also been predicted to grow at a rapid pace as the key developers have started investing in it on a large scale.
Based on End-users, the volumetric device market is fragmented into Medical, Media and Entertainment, aerospace and defense, education and training, oil and gas, and others. The Medical segment is predicted to exhibit growth and have the largest market share in the forecast period due to advancements in medical imaging devices and increment in technology utilization during surgeries.
Based on the Geography, the volumetric device market is segmented into the Asia Pacific, Middle East Africa, South America, and North America. As the increasing adoption of volumetric display technology by the oil and gas sector for visualization of 3D fluid flow in real-time, the North America segment is expected to hold the largest share in the forecast period. The rising investments in the defense sector for its advancements by the regulatory bodies sector are expected to boost the growth of the Volumetric Display market in North America. Whereas even in the Asia Pacific due to the rise in utilization of volumetric technology by various industries, the demand for the volumetric device is expected to grow in the forecast period.
As a part of the report, the major players operating in the volumetric device market, that have been covered are Alioscopy, Lightspace Technologies, Voxon Photonics, Burton, Leia Inc., The Coretec Group Inc., Holoxica Ltd, Lightspace Technologies, Holografika KFT.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/volumetric-display-market
This analytics report segments the volumetric display market on the following basis:
- By Type
- Swept Volume Display
- Static Volume Display
- By Components
- High-speed Video Projector
- Multi-planar Optical Element
- By End-User
- Aerospace & Defence
- Media & Entertainment
- Education & Training
- Oil and Gas
- By Geography
- Europe Middle East and Africa
- Asia Pacific
- South Korea
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