Product ID: SQMIG45J2074
Global Volumetric Display Market Size, Share, Growth Analysis, By Display type(Static-volume display, and swept-volume display), By Industry(Automotive, medical) - Industry Forecast 2024-2031
Report ID:
SQMIG45J2074 |
Region:
Global |
Published Date: February, 2024
Pages:
211
|
Tables:
64 |
Figures:
75
Global Volumetric Display Market Regional Insights
North America is anticipated to register a CAGR of 41% over the forecast period. The increasing use of 3D volumetric displays in the oil and gas industry to visualize 3D fluid flow in real-time influencing the market growth. Moreover, the adoption rate of new technologies like autostereoscopic display in healthcare is favouring the growth of volumetric display in terms of medical imaging applications. In addition, in order to the defense expenditure the United States is focussing on deploying advanced technologies for military simulation and training applications is estimated to support the regional market during the aforementioned forecast period.
Asia Pacific region is estimated to gain substantial growth in the global market owing to the changing consumer preferences towards high-tech gaming in various countries including China, Japan, and Australia. Furthermore, rapidly growing consumer electronics industry because of Foreign Direct Investments (FDI) in the region is further predicted to increase the growth rate of volumetric displays. China and Japan are however, estimated to hold a significant market share with respect to mass manufacturing facilities and low cost of production.
The display of volumetric in Europe may also grow due to the expansion of gaming & entertainment industry in the region; and it is noted that the U.K., and Germany may lead the market in the region during the forecasting year.
Global Volumetric Display Market Report Snapshots
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