Global 3D Display Market 2023-2030

Global 3D Display Market 2023-2030

Global 3D Display Market Size, Share & Trends Analysis Report by Technology (Liquid Crystal Display (LCD), Digital Light Processing (DLP), Organic LED (OLED) and Light Emitting Diode (LED)), and by Application (TV, Smartphones, Tablet, Laptop, Mobile Computing Devices, Head Mounted Displays and Others), Forecast Period (2023-2030)

Global 3D display market is anticipated to grow at a CAGR of 13.3% during the forecast period (2023-2030). 3D displays with LED and OLED technologies offer superior performance and picture quality compared to traditional display technologies. The growing adoption of 3D display coupled with the improving realistic display is the key factor supporting the growth of the market globally.By allowing users to explore different angles and views of objects and scenes, 3D displays can help to highlight shapes, textures, functions, and benefits of products. Additionally, 3D displays can add more depth, dimension, and personality to the design elements and themes. There is significant demand for 3D display in consumer electronics which is projected to contribute to industry growth. For instance, in March 2021, Christie launched an advanced 4K Laser Projection 3D display System. The two-head system effectively removes the chance of crosstalk and eliminates ghosting and other visual anomalies common to typical 3D projection.

Segmental Outlook

The global 3D display market is segmented on technology and application. Based on the technology, the market is sub-segmented into liquid crystal display (LCD), digital light processing (DLP), organic LED (OLED), and light-emitting diode (LED). Further, based on application, the market is sub-segmented into TVs, smartphones, tablets, laptops, mobile computing devices, head-mounted displays, and others (projectors). Among the applications, the head-mounted displays sub-segment is anticipated to project significant industry growth owing to the rise in the development of advanced display technology, such as the development of micro LEDs and holographic displays in AR/VR, that promise to make head-mounted displays even more immersive and lightweight.

The Liquid Crystal Display (LCD) Sub-Segment is Anticipated to Hold a Considerable Share of the Global 3D Display Market

Among the technology, the liquid crystal display (LCD) sub-segment is expected to hold a considerable share of the global 3D display market. The segmental growth is attributed to the growing adoption of emerging high-dynamic-range (HDR) mini-LED backlit LCDs significantly boosting the image quality and brightness and reducing the power consumption for spatial reality displays. Using spatial reality to combine the virtual and physical globe, the Spatial Reality Display creates an incredible 3D optical experience that is viewable to the naked eye. In October 2020, Sony Electronics Inc. launched Spatial Reality Display (SR Display). The SR Display enables creators across a variety of industries, from automotive and industrial design to Computer Graphics (CG) and Visual Effects (VFX) designers and creators in film to bring ideas to life in stunning 3D displays.

Regional Outlook

The global 3D 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), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, North America is anticipated to hold a prominent share of the market across the globe, owing to the increase in demand for enhanced visual effects, improved user experiences, and lifelike features within the gaming and entertainment sectors.

The Asia-Pacific Region is Expected to Grow at a Significant CAGR in the Global 3D Display Market

Among all regions, the Asia-Pacific region is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to technological advancements, increasing demand for smartphones, and a high acceptance rate of 3D display technologies, which are crucial aspects influencing the development of the regional market. The rolling demand for video games across the globe is accelerating the adoption of stereoscopic displays. Growing the use of 3D display technology in entertainment, defense, and gaming drives the market growth. Furthermore, the rising adoption of augmented reality in various medical applications and surgeries is creating opportunities for the 3D display market. The technology improves the vision capabilities of surgeons and decreases operation time and pre-operative planning.

Market Players Outlook

The major companies serving the 3D display market include AUO Corp., BOE Technology Group Co., Ltd., LG Electronics Inc., Samsung Electronics Co., Ltd., Sharp Corp., Sony Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2022, Innolux and Dimenco partnered to democratize simulated reality technology for 3D displays. Innolux, in advanced display solutions, and Dimenco, the company behind Simulated Reality (SR), in 3D technology for displays signed a license agreement. This collaboration enables Innolux and Dimenco to scale up their product offering and provide their customers with access to innovative SR technology.

The Report Covers

Market value data analysis of 2022 and forecast to 2030.

Annualized market revenues ($ million) for each market segment.

Country-wise analysis of major geographical regions.

Key companies operating in the global 3D display market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

Analysis of market-entry and market expansion strategies.

Competitive strategies by identifying ‘who-stands-where’ in the market.