3D Display Market Analysis:
Be it entertainment or the latest gadget, the way we see things has been revolutionized with 3D displays. The technology is helming the display aspect of a number of industries for quite some time now. It has successfully percolated in industries such as electrical & electronics, entertainment, advertising and more. The technology is gaining the upper hand in diverse sectors by adding a sense of depth in the visual rendition of events. The global 3D display industry is expecting a robust CAGR during the forecast period (2016-2027) owing to its sharp and high-resolution contents which enhance the viewing experience.
Market Research Future (MRFR) in its report on 3D display market includes the impact of the gaming industry on the growth of 3D Display Market COVID – 19 Outbreak. Also, commercialization of the system in advertising and broadcasting systems have found mentions in the report as major influencers. Its impact on the consumer behavior pattern is so profound that many associated sectors such as smartphones, tablets, and monitors are expected to usher in profits in for themselves by taking leaps in innovation.
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Major Key Players:
The Key players in the 3D display market are LG Corporation (South Korea), Panasonic Corporation (Japan), Samsung Electronics (South Korea), Sony Corporation (Japan), AU Optronics Corporation (Taiwan), Coretec Group, Inc. (US), Toshiba Corporation (Japan), Innolux Corporation (Taiwan), Fujifilm Corporation (Japan) and Mitsubishi Electric Corporation (Japan) among others.
3D Display Market Top Impacting Factors:
Industries of gaming and entertainment have witnessed significant changes over the last few decades in terms of technology, graphics, and gaming experience. By adopting 3D display technology, the industry is moving towards enhancing the complete gaming experience, which is stimulating the market growth in tremendous ways.
Growing interest in OLED and LED technologies among manufacturers have also anticipated benefiting the overall 3D display market. Such a market rise has improved picture quality and performance compared to traditional display technologies. Depending on the various types of displays used to produce 3D images are stereoscopic, head mounted, volumetric and holographic displays have initiated a strong wing across the globe probing to head the market in positive ways.
Furthermore, market expansion of television, monitor, smart-phone and tablets and scope of 3D display penetration is providing ample of growth opportunity for 3D display market. Due to such high popularity of 3D displays have eventually encouraged advertising agencies to display 3D content on hoardings and to telecast 3D advertising films.
The geographical analysis in MRFR’s reports for the 3D display market is studied in the regions of North America, Europe, Asia-Pacific, and the rest of the world.
Of these, Asia-Pacific region is expected to hold the largest market share for 3D display in the forecast period as countries like China, Japan, India, and South Korea have largest gaming and entertainment industry with latest 3D technology display. Companies like Sony Corporation and LG Corporation have the best infrastructure to support emerging technologies coupled with the most massive adoption and utilization of smartphones, tablets, and televisions. These factors have gained a prompt hike in the 3D display market over the past years and are a promising market for the future as well.
Next comes the North America where the market share is also witnessed to be increasing at a faster rate during the forecast period owing to the presence of significant laptop manufacturers such as Dell Corporation & Hewlett Packart. The growth of the market is further attributed to the adoption of new technologies such as IoT and artificial intelligence.
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