Global Light Field Imaging and Display Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Light Field Imaging and Display Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Light field imaging and display is an emerging technology in computational. The light field is a vector function that describes the amount of light flowing in every direction through every point in space. The space of all possible light rays is given by the five-dimensional preoptic function, and the magnitude of each ray is given by the radiance. Michael Faraday was the first to propose (in an 1846 lecture entitled Thoughts on Ray Vibrations) that light should be interpreted as a field, much like the magnetic fields on which he had been working for several years.

Market Overview:

The latest research study on the global Light Field Imaging and Display market finds that the global Light Field Imaging and Display market reached a value of USD 1547.12 million in 2022. It’s expected that the market will achieve USD 3889.0 million by 2028, exhibiting a CAGR of 16.61% during the forecast period.

Increased competition, Continuous innovation

The competition among vendors will increase during the forecast period. Vendors will compete to deliver competitive advantages in the market on the basis of pricing, user-friendly interfaces, value-added benefits, and service portfolios. During the forecast period, we expect this competition to intensify with an increase in product extensions.
Technological innovations have an important role in driving the growth of the market. To sustain in the competitive market, vendors should develop new ideas and technologies and stay up-to-date with the advanced technologies.

North America continues to dominate, Asia Pacific continues to grow

Due to the use of light field 3D imaging technology, North America has been the dominant area of the light field market. This area has widely used light field 3D imaging technology and solutions. In addition, in this area, manufacturers mainly invest in optical 3D imaging to improve technology and increase market growth. The area has adopted the company's internal light field by default to improve visualization and expand the customer experience. In addition, the light field in the Asia-Pacific region is growing due to the development of industrial and media fields.

As downstream demand increases, the global light field market will grow rapidly

With the development of 3D technology, expansion can be seen in terms of improving content quality and inspiring users' viewing experience. The accessibility of 3D technology has now provided HD (High Definition) content to improve the viewing experience through advanced 3D-enabled devices such as VR devices and 3D display units.
During the forecast period, Industry may occupy the largest Light Field Imaging and Display market size. It can be expected that the Light Field Imaging and Display market will achieve the largest growth in the field of Health Care and focus on autostereoscopic vision. Due to the increased use of light field technology in various industries, the global Light Field Imaging and Display market will grow rapidly in the future.

Region Overview:

In 2022, the share of the Light Field Imaging and Display market in North America stood at 45.63%.

Company Overview:

NVIDIA is one of the major players operating in the Light Field Imaging and Display market, holding a share of 17.5% in 2023.

NVIDIA

NVIDIA Corporation is an American technology company founded in Delaware and headquartered in Santa Clara, California. Design graphics processing units (GPUs) for gaming and professional markets, as well as system-on-chip units (SoCs) for mobile computing and automotive markets. Its main GPU product line is labeled GeForce and competes directly with Advanced Micro Devices (AMD) Radeon products. Nvidia has expanded its position in the gaming industry with its handheld Shield Portable, Shield Tablet and Shield Android TV.

Ricoh Innovations

Ricoh Innovations Corp is a technology company. The Company's products include intelligent sensors, computational optics, mobile visual communication and cloud-based collaboration, with insights from ethnographic research and innovative designers.

Segmentation Overview:

Among different product types, Imaging Solution segment is anticipated to contribute the largest market share in 2028.

Application Overview:

In the Light Field Imaging and Display market, 32.26% of the total value was generated through the Industry segment by application in 2022.

Key Companies in the global Light Field Imaging and Display market covered in Chapter 3:

Raytrix
Light Field Lab
Avegant
Japan Display Inc (JDI)
FoVI 3D
OTOY
Toshiba
NVIDIA
Lytro
Ricoh Innovations
Holografika
Lumii
Leia

In Chapter 4 and Chapter 14.2, on the basis of types, the Light Field Imaging and Display market from 2018 to 2029 is primarily split into:

Imaging Solution
Display

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Light Field Imaging and Display market from 2018 to 2029 covers:

Health Care
Defense
Media
Building
Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)