Global Holographic Display market size was valued US$ XX Bn in 2019 and the total revenue is expected to grow at 19.5% from 2020 to 2027, reaching US$ XX Bn.
Global Holographic Display Market
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The global holographic display market is driven by the increasing adoption of holographic displays in various industries, holography for medical imaging in the healthcare industry, and augmented demand for holographic displays in advertisements and events. Developments in screenless displays and rising investments in 3D technology are also impelling the market growth during the forecast period. However, less effective projection under sunlight and high cost of assembling holographic display devices are restraining the market growth at the global level. Advancements in holographic displays and rapidly advancing smartphone and tablet markets are expected to create lucrative growth opportunities for the global holographic display market. Technological concerns regarding holographic display are the major challenge for the market growth in the near future.
Based on the product type, the medical imaging/scanners segment has led the holographic display market in 2019 and is estimated to generate more than US$ XX Mn market revenue by 2027, with a CAGR of XX%. Medical imaging has seen rapid technological improvement throughout the years, which has created a need for innovative imaging equipment. Presently, 3D and 4D technologies are extensively utilized in medical imaging, where 3D innovation is referred to produce the 3D image of influenced body parts. Medical imaging applications are likely to experience favorable growth during the forecast time frame owing to the growing awareness about their advantages amongst the medical community leading to the adoption of holography products for clinical applications. The use of holographic imaging and projection has prompted exceptional changes in the field of clinical and social insurance. The utilization of holography in medical and healthcare supports specialists to analyze and treat the influenced body part or disease in a simple and timely manner.
Geographically, the holographic display market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East Africa. North America held the prominent market share of XX% in 2019 and is expected to reach US$ Mn by the end of 2027, with a CAGR of XX%. Owing to the large presence of market players in the region. Asia Pacific is expected to grow at the CAGR of XX% during the forecast period thanks to the growing consumer electronics industry and the presence of emerging economies like China and India in the region. China and Japan have been innovators in the consumer electronics and automotive sectors. Adjusting their supply and request and keeping up with the most recent technologies, the markets in these regions have seen noteworthy development. The rising sales of consumer electronics, increasing demand for advancements in computerized signage in media, advertising, and retail, and the rise in adoption of head-up holographic displays in the automotive segment have supported the Chinese holographic display market growth.
Recent Industry News
- RealView Imaging (Israel Company) has made a groundbreaking innovation in April, 2019 in the field of interactive live holography by launching ‘HOLOSCOPE-i’, a new dimension for medical imaging applications.
- WayRay, holographic augmented reality technology company, launched holographic powered glass in Jan, 2020.
- Looking Glass Factory in May, 2020 announced that its display technology would help UE4 plugin in visualizing designs using holographic displays.
The objective of the report is to present a comprehensive analysis of the Global Holographic Display Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Holographic Display Market dynamics, structure by analyzing the market segments and project the Global Holographic Display Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Holographic Display Market make the report investor’s guide.
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Global Holographic Display Market, by Technology:
- Semi-Transparent/Electro Holographic Display
- Laser Piston
Global Holographic Display Market, by Product Type:
- Digital Signage
- Medical Imaging/Scanners
- Notebook and Laptop
- Smart Tv’s/Holo Tv’s
Global Holographic Display Market, by Application:
- Commercial applications
- Consumer applications
- Industrial applications
Global Holographic Display Market, by Region:
- Asia Pacific
- North America
- Latin America
- Middle East Africa
Global Holographic Display Market, Major Players:
- Av Concepts Inc.
- Eon Reality Inc.
- Holoxica Limited
- Konica Minolta, INC.
- Musion Das Hologram LTD.
- Qualcomm Inc.
- Provision Holding, INC.
- Realview Imaging LTD.
- Viewsonic Corporation
- Zebra Imaging
- Looking Glass Factory Inc.
- RealFiction Holding AB
- Animmersion UK Ltd
- Kino-mo Limited
- Shenzhen SMX Display Technology Co. Ltd
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