Global volumetric display market is anticipated to grow at a significant CAGR of 28.3% during the forecast period (2024-2031). A major factor supporting the growth of the market is the growing use of volumetric displays in architectural and engineering visualization. These displays enable professionals to create, view, and manipulate 3D models with exceptional clarity and depth, enhancing the design and planning process. Architects, engineers, and urban planners benefit from more immersive and interactive experiences, which lead to better-informed decision-making and increased design accuracy.
Browse the full report description of “Volumetric Display Market Size, Share & Trends Analysis Report by Type (Swept Volumetric Displays, Holographic Displays, and Static Volumetric Displays), by Component (Projector, Motor, and Position Sensor), by Application (Aerospace and Defense, Medical, Automotive, Communication and Entertainment, and Others (Education and Training)), and by Technology (Digital Light Processing (DLP) and Liquid Crystal on Silicon (LCOS)), Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/volumetric-display-market
As demand surges in these sectors for improved visualization tools, the market responds with innovation and affordability, broadening the adoption of volumetric displays and solidifying their role as essential tools in architecture and engineering, thus fueling market growth. For instance, in May 2021, the BYU holography research team created optical trap displays, which can generate luminous 3D objects and animations in thin air. This technique enables the co-existence of interactive holographic virtual objects in actual space.
Moreover, the use of volumetric displays in medical imaging and scientific visualization contributes significantly to the volumetric display market's growth. These displays offer healthcare workers a significant tool for realistic and immersive 3D renderings of anatomical features, allowing for more exact diagnosis, surgery planning, and treatment monitoring. Similarly, volumetric displays improve understanding of complicated 3D datasets and simulations in scientific research and education. The market expands to fulfill the demand for improved visualization solutions in these vital industries. As a result, more investment, innovation, and breakthroughs in the volumetric display market are made. For example, in June 2022, Zebra Technologies completed its acquisition of Matrox Imaging, bolstering its position in the expanding automation and vision technology market. It is consistent with Zebra's expanding machine vision offering.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Type
o By Component
o By Application
o By Technology
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Burton Inc., The Coretec Group, Looking Glass Factory Inc., and Voxon Photonics, among others.
Key questions addressed by the report.
Global Volumetric Display Market Report Segment
By Type
By Component
By Application
By Technology
Global Volumetric Display Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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