Volumetric display market is anticipated to grow at a significant CAGR of 28.3% during the forecast period (2024-2031). Volumetric display is a type of 3D display technology that creates visual representations of objects or scenes with depth and volume. A 3D display is a type of display technology that creates three-dimensional images or visual representations of objects in space, usually without special glasses or other devices. It aims to provide a more immersive and realistic viewing experience compared to traditional two-dimensional displays. In a volume display, the image appears to occupy a certain volume of space rather than being confined to a flat surface. It can be viewed from multiple angles and perspectives, giving viewers a sense of depth, and allowing them to see different sides of the object as they move around it.
Market Dynamics
Augmented and Virtual Reality Integration
By improving immersion and interaction in digital experiences, the industry is driven by the integration of volumetric displays with augmented and virtual reality technologies. Users can engage with virtual items as if they were real by projecting three-dimensional holographic projections onto physical locations. With this connection, AR and VR applications can do even more, providing users with an immersive and lifelike experience for training, education, gaming, and other industrial uses. Volumetric display technologies have a growing chance of success as the demand for immersive experiences increases.
Technological Advancements in Display Technologies
Globally, the performance, quality, and usefulness of three-dimensional visual solutions are continuously improved by technological developments in display technologies, which drive growth for the volumetric display market. Realistic and immersive viewing experiences are made possible by innovations including improved color accuracy, better refresh rates, and increasing pixel density. Furthermore, improvements in manufacturing techniques and materials enable volumetric displays to be produced in a more economical and scalable manner, opening new markets and uses for them. These developments fuel demand and encourage additional field research and development.
Market Segmentation
Our in-depth analysis of the global volumetric display market includes the following segments by type, component, application, and technology:
Medical is Projected to Emerge as the Largest Segment
The medical segment is expected to hold the largest share of the market. The volumetric display has gained momentum in medical imaging applications owing to its significant use during surgeries. It creates a unique hyper-realistic experience for visualizing medical images during surgeries. Additionally, it builds a 3D image from stored MRI data in the systems and helps doctors view a part of anatomy from any angle with zooming features. 3D Volumetric displays could provide greater visibility during operations. With MRIs and CT scans being incredibly powerful diagnostic tools rich in 3D data, the 3D volumetric display can provide volume rendering of the surface and the interior of any human organ, thereby increasing the effectiveness of real-time imaging systems for doctors and surgeons. Therefore, MRIs and CT scans are proving to be a great potential market for such displays.
Static Volumetric Displays Segment to Hold a Considerable Market Share
Static volumetric displays are highly preferred among customers due to their ease of availability in various categories. This category includes types based on gas medium up conversion, solid-state up conversion, and crystal cube static displays. These help in quick security checks at airports and enhance visibility during medical surgeries.
Regional Outlook
The global volumetric display market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Asia-Pacific to Record Fastest CAGR
Asia-Pacific is expected to grow fastest in the global volumetric display market during the forecast period. Consumer preference for high-tech gaming solutions is propelling market growth in this region in countries such as Japan, China, and Australia. Furthermore, as a result of increased FDI in the region, the rapidly growing consumer electronics industry is a critical factor for regional market growth.
Global Volumetric Display Market Growth by Region 2024-2031
North America Holds Major Market Share
Among all the regions, North America holds a significant share owing to the increase in demand for advanced display technology across a range of applications, including gaming, entertainment, and medical imaging has led to tremendous growth in this market. The volumetric display market in North America is expanding significantly, with the US playing a significant role. In addition, the demand for volumetric displays is being driven by a significant amount of end users in the region, including medical institutions, research labs, and the gaming and entertainment sectors. In medical imaging and surgical operations, for instance, volumetric displays are frequently utilized to provide precise 3D representations of the human anatomy, which can be crucial for diagnosis and treatment. In addition, as they provide a more immersive viewing experience for consumers, volumetric displays are in high demand due to the expansion of the gaming and entertainment sectors. The expansion of the volumetric display market in North America is also being aided by the rising popularity of virtual reality (VR) and augmented reality (AR) technologies.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the global volumetric display market include Burton Inc., The Coretec Group, Looking Glass Factory Inc., and Voxon Photonics, among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in May 2023, Looking Glass, a hologram company, launched its latest product, Looking Glass Liteforms. This innovative platform brings conversational holographic characters to life, revolutionizing how we interact with digital avatars. With Looking Glass Liteforms, users can engage in lifelike conversations with interactive holographic characters, opening new possibilities for communication and entertainment. This breakthrough technology merges advanced display capabilities with powerful language models, enhancing the realism and interactivity of holographic experiences.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Burton Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. The Coretec Group
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Looking Glass Factory Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Voxon Photonics Pty Ltd.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
4. Market Segmentation
4.1. Global Volumetric Display Market by Type
4.1.1. Swept Volumetric Displays
4.1.2. Holographic Displays
4.1.3. Static Volumetric Displays
4.2. Global Volumetric Display Market by Component
4.2.1. Projector
4.2.2. Motor
4.2.3. Position Sensor
4.3. Global Volumetric Display Market by Application
4.3.1. Aerospace and Defense
4.3.2. Medical
4.3.3. Automotive
4.3.4. Communication and Entertainment
4.3.5. Others (Education and Training)
4.4. Global Volumetric Display Market by Technology
4.4.1. Digital Light Processing (DLP)
4.4.2. Liquid Crystal on Silicon (LCOS)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East & Africa
6. Company Profiles
6.1. 3DIcon Corporation
6.2. Actuality Systems
6.3. Alioscopy
6.4. FOVI 3D
6.5. Holografika Kft.
6.6. Holoxica Ltd.
6.7. Leia Inc.
6.8. Lightspace Technologies, Inc.
6.9. Lumi Industries
6.10. Omnivirt
6.11. REALFICTION
6.12. Seekway Technology Ltd.
6.13. SeeReal Technologies GmbH
6.14. Sony Corporation
6.15. VividQ
6.16. Zebra Imaging
1. GLOBAL VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
2. GLOBAL SWEPT VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL HOLOGRAPHIC VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL STATIC VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
5. GLOBAL VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
6. GLOBAL VOLUMETRIC DISPLAY PROJECTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
7. GLOBAL VOLUMETRIC DISPLAY MOTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
8. GLOBAL VOLUMETRIC DISPLAY POSITION SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
9. GLOBAL VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
10. GLOBAL VOLUMETRIC DISPLAY FOR AEROSPACE AND DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
11. GLOBAL VOLUMETRIC DISPLAY FOR MEDICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
12. GLOBAL VOLUMETRIC DISPLAY FOR AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
13. GLOBAL VOLUMETRIC DISPLAY FOR COMMUNICATION AND ENTERTAINMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
14. GLOBAL VOLUMETRIC DISPLAY FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
15. GLOBAL VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
16. GLOBAL DIGITAL LIGHT PROCESSING (DLP) VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
17. GLOBAL LIQUID CRYSTAL ON SILICON (LCOS) VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
18. GLOBAL VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
19. NORTH AMERICAN VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
20. NORTH AMERICAN VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
21. NORTH AMERICAN VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2023-2031 ($ MILLION)
22. NORTH AMERICAN VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
23. NORTH AMERICAN VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
24. EUROPEAN VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
25. EUROPEAN VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
26. EUROPEAN VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2023-2031 ($ MILLION)
27. EUROPEAN VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
28. EUROPEAN VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
29. ASIA-PACIFIC VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
30. ASIA-PACIFIC VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
31. ASIA-PACIFIC VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2023-2031 ($ MILLION)
32. ASIA-PACIFIC VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
33. ASIA-PACIFIC VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
34. REST OF THE WORLD VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
35. REST OF THE WORLD VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
36. REST OF THE WORLD VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2023-2031 ($ MILLION)
37. REST OF THE WORLD VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
38. REST OF THE WORLD VOLUMETRIC DISPLAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
1. GLOBAL VOLUMETRIC DISPLAY MARKET SHARE BY TYPE, 2023 VS 2031 (%)
2. GLOBAL SWEPT VOLUMETRIC DISPLAY MARKET SHARE BY REGION, 2023 VS 2031 (%)
3. GLOBAL HOLOGRAPHIC VOLUMETRIC DISPLAY MARKET SHARE BY REGION, 2023 VS 2031 (%)
4. GLOBAL STATIC VOLUMETRIC DISPLAY MARKET SHARE BY REGION, 2023 VS 2031 (%)
5. GLOBAL VOLUMETRIC DISPLAY MARKET SHARE BY COMPONENT, 2023 VS 2031 (%)
6. GLOBAL VOLUMETRIC DISPLAY PROJECTOR MARKET SHARE BY REGION, 2023 VS 2031 (%)
7. GLOBAL VOLUMETRIC DISPLAY MOTOR MARKET SHARE BY REGION, 2023 VS 2031 (%)
8. GLOBAL VOLUMETRIC DISPLAY POSITION SENSOR MARKET SHARE BY REGION, 2023 VS 2031 (%)
9. GLOBAL VOLUMETRIC DISPLAY MARKET SHARE BY APPLICATION, 2023 VS 2031 (%)
10. GLOBAL VOLUMETRIC DISPLAY FOR AEROSPACE AND DEFENSE MARKET SHARE BY REGION, 2023 VS 2031 (%)
11. GLOBAL VOLUMETRIC DISPLAY FOR MEDICAL MARKET SHARE BY REGION, 2023 VS 2031 (%)
12. GLOBAL VOLUMETRIC DISPLAY FOR AUTOMOTIVE MARKET SHARE BY REGION, 2023 VS 2031 (%)
13. GLOBAL VOLUMETRIC DISPLAY FOR COMMUNICATION AND ENTERTAINMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
14. GLOBAL VOLUMETRIC DISPLAY FOR OTHERS MARKET SHARE BY REGION, 2023 VS 2031 (%)
15. GLOBAL VOLUMETRIC DISPLAY MARKET SHARE BY TECHNOLOGY, 2023 VS 2031 (%)
16. GLOBAL DIGITAL LIGHT PROCESSING (DLP) VOLUMETRIC DISPLAY MARKET SHARE BY REGION, 2023 VS 2031 (%)
17. GLOBAL LIQUID CRYSTAL ON SILICON (LCOS) VOLUMETRIC DISPLAY MARKET SHARE BY REGION, 2023 VS 2031 (%)
18. GLOBAL VOLUMETRIC DISPLAY MARKET SHARE BY REGION, 2023 VS 2031 (%)
19. US VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)
20. CANADA VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)
21. UK VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)
22. FRANCE VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)
23. GERMANY VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)
24. ITALY VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)
25. SPAIN VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)
26. REST OF EUROPE VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)
27. INDIA VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)
28. CHINA VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)
29. JAPAN VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)
30. SOUTH KOREA VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)
31. REST OF ASIA-PACIFIC VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)
32. LATIN AMERICA VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)
33. MIDDLE EAST AND AFRICA VOLUMETRIC DISPLAY MARKET SIZE, 2023-2031 ($ MILLION)