3D Display Market Size To Reach $430.13 Billion By 2030

3D Display Market Growth & Trends

The global 3D display market size is expected to reach USD 430.13 billion by 2030, growing at a CAGR of 19.9% from 2024 to 2030, according to a study conducted by Grand View Research, Inc. When compared to other markets, the market for 3D display is innovative. It is a measurable representation in three dimensions and is employed in many fields, including design, education, gaming, photography, and filmmaking.

The market is expanding due to the increased demand for 3D games and it is frequently employed in game design and representation. One of the market's driving forces is consumer demand for 3D display products, including tablets, TVs, and gadgets. Three areas of 3D technology are improving: photonics, lasers, and optics. People prefer 3D design and viewing because it provides better representation. It is regarded as a cutting-edge technology that is expanding quickly across several industries. The market growth is prominently driven by the defense and medical industries.

The industry is pushing 3D technology to provide a full gaming experience, which in turn encourages market expansion. Furthermore, in comparison to conventional display technology, the quick development of OLED and LED technology, which can continuously enhance image quality and performance, is anticipated to benefit the industry. The industry has grown as a result of rising consumer awareness and their choice of high-definition technologies. The rising number of customers who are drawn to 3D movies and the digital movie screen that offers a 3D experience will both support the market's expansion.

Over the projection period, emerging economies such as China and India will see significant growth because of rising living standards and the growth of the middle class. Projectors and displays used in critical applications such as 3D monitors will see a strong increase in demand soon due to the constantly shifting preferences of consumers and the growing need for high-definition visuals. The high price, the absence of 3D content, and a few health-related issues like headaches, nausea, sports injuries, and eye disorders will hamper the market's growth.

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3D Display Market Report Highlights

• The holographic display segment is expected to register at a rapid CAGR during the forecast period. Advancements in display technology and computational power have significantly improved the feasibility and performance of holographic displays, fueling their adoption. Innovations in materials science, optics, and image processing algorithms have enabled the development of more efficient and cost-effective holographic display systems, widening their appeal to a broader market.

• The OLED technology segment is expected to register the fastest CAGR, exceeding 26% during the forecast period. The rising adoption of OLED technology in smartphones and other consumer electronics has been accelerating the segment’s growth.

• The screen-based display segment is expected to register the fastest CAGR from 2024 to 2030. The surge in the utilization of 3D technology within the entertainment industry has emerged as a major driving force. With customers seeking heightened levels of immersion in virtual reality, gaming, and cinematic experiences, the demand for screen-based 3D displays has notably increased.

• The head mounted display (HMD) display segment is expected to register the fastest CAGR of around 27% during the forecast period. Improved viewing experience, low cost, and increasing technological advancement have been the major contributors to the growth of the market.

• The medical end-use segment is expected to register the fastest CAGR during the forecast period. The expansion of the medical segment can be credited to its advantages, including the facilitation of 3D model creation, empowering surgeons to explore diverse surgical approaches, offering a comprehensive view of patients, aiding healthcare professionals in devising personalized treatment plans, providing real-time 3D imaging, and enhancing patients' comprehension of their condition and proposed treatments.

• The Asia Pacific region is expected to register the fastest CAGR of around 24% from 2024 to 2030. North America is home to some of the major technological companies, such as Google LLC; Apple Inc.; and Adobe. The region also witnesses high adoption of the latest technologies, which is expected to contribute to the growth of the regional market. Various companies in this region are focused on offering 3D experiences to their customers.

3D Display Market Segmentation

Grand View Research has segmented the global 3D display market based on product, technology type, access method, application, end-use, and region:

3D Display Product Outlook (Revenue, USD Billion, 2018 - 2030)

• Volumetric Display

• Stereoscopic Display

• Holographic Display

3D Display Technology Type Outlook (Revenue, USD Billion, 2018 - 2030)

• DLP

• PDP

• OLED

• LED

3D Display Access Method Outlook (Revenue, USD Billion, 2018 - 2030)

• Micro Display

• Screen-based Display

3D Display Application Outlook (Revenue, USD Billion, 2018 - 2030)

• TV

• Smartphone

• Monitor

• Mobile Computing Device

• Projectors

• Head Mounted Display (HMD)

• Others

3D Display End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Consumer Electronics

• Automotive

• Medical

• Aerospace & Defense

• Industrial

• Others

3D Display Regional Outlook (Revenue; USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • India

  • China

  • Japan

  • South Korea

  • Australia

• Latin America

  • Brazil

• Middle East & Africa (MEA)

  • UAE

  • Saudi Arabia

  • South Africa

List of Key Players in the 3D Display Market

• AUO Corporation

• BOE Technology Group Co., Ltd.

• Himax Technologies, Inc.

• Innolux Corporation

• Konica Minolta, Inc.

• Leia Inc.

• LG Electronics

• Light Field Lab, Inc.,

• Mitsubishi Electric Corporation

• Panasonic Holdings Corporation

• SAMSUNG

• SHARP CORPORATION

• Sony Corporation

• TCL

• TOSHIBA CORPORATION