www.aggregateresearch.com - Latest industry news on Aggregates, Asphalt, Cement, Concrete and more. The global volumetric display market is quadrupling mainly due to the broad uptake of the display in the burgeoning industries, including automotive, healthcare, and aerospace, among others. Volumetric displays are also extensively used in the gaming & entertainment sector. The impressive growth in the gaming industry is providing thrust to the market on the global platform by creating a huge demand.
According to Market Research Future (MRFR), the global volumetric display market would reach to a valuation of USD 747 MN by 2023, posting a whopping CAGR of 34 % throughout the assessment period (2017 – 2023).
Segmentations
The report segments the market into five key dynamics to widen the scope of understanding,
By Display Type : Static Volume Display, Multi-Planar Volumetric, and Swept Volume Display, among others.
By Components : Memory, Lens, and Screen, among others.
By Applications : Production & Management, Design & Prototyping, Marketing, Data Visualization, and Training, among others.
By End-users : Military & Defense, Education, Healthcare, Automotive Industry, Aerospace, and Gaming & Entertainment, among others.
By Regions : Asia Pacific, North America, Europe, and the Rest-of-the-World.
Geographical Analysis
North America dominates Global Volumetric Display Market. Factors positively impacting the growth of the regional market include increasing investments transpired into the development of technology and product. Besides, the presence of noteworthy market players with the ability to develop cutting-edge display technologies alongside, the increasing uptake of these displays in the healthcare sector drives the growth in the regional market. Continuing with the same growth opportunities, the region would retain its dominance throughout the review period.
The volumetric display market in the European region takes the second lead, globally. The augmenting demand for volumetric display from some of the burgeoning industries such as defense, healthcare, aerospace, and automotive, among others fosters the growth of the regional market. Indeed, the resurging economy in Europe is contributing to the growth of the market, supporting the proliferation of healthcare sector.
The Asia Pacific volumetric display market is emerging as a promising market globally. Owing to the rapid urbanization and expanding manufacturing sector led by the improving economy in the region, the APAC volumetric display market would witness a healthy growth in the years to come. Furthermore, the extensive uptake of volumetric displays in some of the proliferating industries such as healthcare, automotive, and defense fosters the growth in the regional market.
Major Players:
Players leading the volumetric display market include LightSpace Technologies Inc. (US), Voxon (US), 3D Icon Corporation (US), Holografika Kft. (Hungary), Burton Inc. (Japan), Holoxica (UK), Seekway Technologies (China), Alioscopy (France), LEIA Inc. (US), Soscho GmbH (Germany), Burton Inc. (Japan), Actuality Systems, Inc. (US), and Zebra Imaging (US), among others.
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