The Volumetric Display Market size is projected to reach a CAGR of 26% from 2022 to 2028.
Volumetric Display is a 3D display device used to give an angular, non-planer view of the object. It encompasses the 3 dimensions that is length, breadth and height of the object. It gives a holistic 360° view of the object. It is used in various industries and purposes including medical imaging, mining, education, advertising, simulation, video games, communication and geophysical visualisation.
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Increased governmental investment in the sector along with development of latest technologies are some of the factors that have supported long-term expansion for Volumetric Display Market.
Recent Developments
In December 2018, LightSpace Technologies raised USD 5.5 million from ASHansaMatrixwith a purpose of research and development in its volumetric display technology.
Prominent Players
· Lightspace Technologies Inc.
· Voxon Photonics Pty Ltd.
· The Coretec Group Inc.
· Holoxica Ltd.
· Alioscopy
· Holografikakft.
· Leia, Inc
· Looking Glass Factory, Inc.
· SeeReal Technologies GmbH
· The Coretec Group, Inc.
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North America to Dominate the Market
North America is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the usage of 3D volumetric display technology in the sector of oil and gas industry.
Volumetric Display Market Segmentation:
On the basis of Display
· Static-volume display
· Swept-volume display
On the basis of End Use
· Medical
· Aerospace & Defense
· Automotive
· Media, Communication, & Entertainment
· Education & Training
· Others (Oil & Gas, Mining, etc.)
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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