Volumetric Display Market, By Display Type (Static Volumetric Displays, Swept-Volume Displays, Multi-Planar Volumetric Displays), By Technology (Digital Light Processing Technology, Liquid Crystal on Silicon Technology), By End-User Industry & Forecast, 2

Volumetric Display Market, By Display Type (Static Volumetric Displays, Swept-Volume Displays, Multi-Planar Volumetric Displays), By Technology (Digital Light Processing Technology, Liquid Crystal on Silicon Technology), By End-User Industry & Forecast, 2024 – 2032

Volumetric display market size is expected to register over 30% CAGR between 2024 and 2032 driven by increasing applications in fields, such as medical imaging, automotive design, and entertainment, along with the rising demand for immersive and interactive visual experiences. For instance, in June 2024, Gracia AI launched its AI-powered solution that enabled the creation of photorealistic volumetric videos for spatial computing, allowing 6 degrees of freedom viewing.

In automotive design, volumetric displays facilitate real-time visualization of complex vehicle models and simulations for aiding in design validation and prototype development. In entertainment, including gaming and virtual reality (VR), these displays enhance user immersion by providing a more natural and realistic visual experience. The ongoing advancements in display technologies, such as holographic and light-field displays will also drive the market growth.

The volumetric display industry is classified into display type, technology, end-user industry, and region.

Based on display type, the market size from the static volumetric display segment is slated to witness significant CAGR during 2024-2032 due to its ability to create three-dimensional images without moving parts or wearable devices. Static volumetric displays use techniques, such as holography or light-field technology to generate static, volumetric images that appear to occupy space within a defined volume.

By end-user industry, the volumetric display market from the automotive segment is predicted to record a decent growth rate through 2032. This is driven by the rising integration of advanced visualization technologies to enhance vehicle design, safety, and driver experience. Volumetric displays offer automotive designers and engineers the ability to visualize complex 3D models and simulations in real time, aiding in the design and validation of vehicle components and systems.

Asia Pacific volumetric display industry is poised to depict lucrative growth during 2024-2032 attributed to technological advancements and expanding industrial applications. In automotive design, volumetric displays are facilitating advanced visualization techniques for vehicle prototyping and simulation for design validation and enhancing the user experience with AR interfaces. Industries across Asia Pacific are also continuing to explore and implement volumetric display technologies for innovative applications, including gaming, digital signage, and architectural visualization, stimulating the regional market growth.