Holographic display Market Analysis
Market Research Future (MRFR) predicts
the global holographic display market to grow at a 27.30% CAGR from 2022 to 2030
(forecast period).
A holographic display utilizes coherent light that is generated by
the laser to create a three-dimensional (3D) image in space. A split laser
illuminates both the subject and the recording photographic plate as a
reference beam while recording a hologram. A hologram is the recording of a
holographic image on a medium, while a holographic display is a seemingly
freestanding 3D image created by a holographic display.
Multiple aspects of product marketing and purchase can be combined
in bidirectional holograms that capture people's attention while also selling a
product in real-time. In comparison to traditional kiosks and vending machines,
holographically projected interactive stalls and vending machines can project
images several times, allowing the largest number of consumers to be readily
accessible. Furthermore, due to their small size, they take up far less space
than standard electronic machines.
Over the forecast period, technological improvements and the
proliferation of smartphones are likely to provide significant growth potential
for the global market. New technological advances and display enhancements are
also predicted to help the growth of the holographic display market. A light
modulator, digital micrometer, monitor, scanner, and lenses are all components
of a holographic display.
Semi-transparent or electro-holographic displays, touchable
displays, laser displays, and piston-based displays are among the holographic
display technologies on the market. Touchable holographic displays make it
possible to really feel and interact with holograms. Bristol University's
department of computer science built a touchable holographic display in
December 2014 to see and feel 3-D shapes composed of air by focussing air
disturbances and ultrasound. This technology is being used to analyze CT scans
and feel tumors via haptic feedback, broadening the spectrum of holographic
display applications in medical imaging.
Pricing may appear to be too expensive to customers in developing
countries, inhibiting industry expansion. Furthermore, in poorer economies,
holographic displays have yet to be commercialized.
COVID-19 Impact on the Global Holographic Display Market
The COVID-19 pandemic has had a significant impact on the display
industry, causing manufacturing activities to be temporarily halted across
major industrial hubs, interrupting the supply chain.
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Holographic display market Key Players
Some of the key players in the global holographic display market
are AV Concepts (U.S.), Provision Holdings Inc. (U.S.), Eon Reality Inc.
(U.S.), Konica Minolta Inc. (Japan), Musion Das Hologram Ltd. (U.K.), Qualcomm
(U.S.), Zebra Imaging (U.S.), Realview Imaging Ltd. (Israel), Holoxica (U.S.),
and ViewSonic Corp. (U.S.), among others.
Holographic display market Segmentation
The global holographic display industry has been segmented on the
basis of technology, product type, application, and end-users.
·
On the basis of the technology, the global
holographic display market has been segmented into semi-transparent, touchable,
laser, and piston.
·
Based on product type, the global holographic
display market has been segmented into the camera, kiosks, digital signage,
medical imaging equipment, smart TVs, and others.
·
Based on application, the global holographic
display market has been segmented into 3D image projection, image replication,
scanning &detecting of scattered light, image storage, real-time
non-destructive testing.
·
Based on end-users, the global holographic
display market has been segmented into healthcare, manufacturing, media and
entertainment, defense and aerospace, educational sector, automobile, and many
more.
Summary
The global holographic display market is anticipated to grow at a
19% CAGR from 2018 to 2023 (forecast period). Over the forecast period,
technological improvements and the proliferation of smartphones are likely to
provide significant growth potential to the global market. New technological
advances and improvements in the field of the display are also predicted to
contribute to the growth of the holographic display market. A holographic
display is made up of numerous components such as a light modulator, digital
micrometer, monitor, scanner, and lenses.
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Holographic display market Regional Analysis
Regionally, the global holographic display market has
been segmented into North America, Europe, Asia Pacific, and the rest of the
world.
North America leads the global holographic display market due to
the presence of numerous players in the region. The Asia Pacific holographic
display market is predicted to grow rapidly due to the region's expanding
consumer electronics industry. The presence of growing countries such as India
and China in the region is the reason for APAC's rapid expansion.
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