The global 3D display market size was estimated at USD 84.6 billion in 2023 and is expected to hit around USD 375.23 billion by 2032, poised to grow at a compound annual growth rate (CAGR) of 18% during the forecast period from 2023 to 2032.
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The Asia Pacific 3D display market size was valued at USD 32.60 billion in 2023 and is expected to reach USD 145.69 billion by 2032, growing at a CAGR of 18.10% from 2023 to 2032.
As there has been a great demand for online gaming and the device is used in this gleaming platform the market is expected to grow well during the forecast period. Increased use of smartphones and availability of 5G network is expected to boost the market growth in the coming years. There's a growing demand for the digital services and also an increased awareness regarding the availability of such technologies and these factors will drive the market growth in the Asia Pacific region. During the forecast period the Asia Pacific region will grow the fastest. Increased purchasing power has created a greater demand for these devices. A large number of manufacturers are present in the Asia Pacific region and this is expected to support the market growth.
The North American region had a market share of about 29.4% in the past beard the use of augmented reality and virtual reality along with the 3D technology the market is expected to grow well in the North American region as well as the European region.
3D Display Market Share, By Region, 2022 (%)
| Regions | Revenue Share in 2022 (%) |
| North America | 29.4% |
| Asia Pacific | 38.5% |
| Europe | 22.4% |
| Latin America | 6% |
| MEA | 3.7% |
The growth in the demand for the 3D display is due to an increase in the demand for games and entertainment. Gaming industry makes use of the 3D technology to a great extent. The entertainment industry also makes use of the 3D display. Both of these industries will drive the market growth in the coming years. There has been a great number of sales of the electronic devices in the Asia Pacific region. The prices of these devices will drop in the coming years period the disposable income of the consumers in the Asia Pacific region is expected to grow due to rapid industrialization and urbanization.
Increase in the purchasing power will create more demand for electronics. There shall be an increased demand for smartphones as well as televisions in this region. During the pandemic the demand for electronics had gone down. As the finances of the consumers during this period were not that good the purchases of the electronics were postponed. COVID-19 pandemic had affected the market to a great extent. Restricted movement had negatively affected the market. Although the demand for a few electronic products that were useful for the purpose of online schooling as well as the trend of work from home were smart phones and the laptops.
Apart from that the demand for televisions also grew during the pandemic. The youth in the developing as well as the developed nations has a keen interest in gaming. In the recent years there has been significant change in the gaming industry. In order to provide better experience and enhanced graphics there was an increased use of the 3D display. The market is expected to grow due to an increased use of the 3D technology in the gaming industry. The providers are focusing on enhancing the experience. There is constant research on providing better quality for display and all of these reasons will drive the market growth in the coming years. In the Asia Pacific region the countries like China and India we show a large amount of growth during the forecast. As there is a growing demand for electronics through the population in this region. Increased purchasing power in the middle income groups will drive the market growth. Changes in the lifestyle and improved standard of living will also drive the market growth of 3D technology in the Asia Pacific region. There has been a great demand for monitors and projectors in the educational sector as well as the offices which will drive the demand for 3D display in the coming years.
Restrictive movement during the pandemic and strict lockdown which was imposed across many nations in the globe created a demand for online games. The gaming traffic had increased to 75% during the outbreak of the COVID-19 pandemic. The wheel ability of the 5G network in these developed nations will be helpful in driving the market growth in the coming years. There's a growing demand for the gaming consoles and different types of smart devices that are used along with the gaming application. Constant strategic collaborations and strategic partnerships between the market players is also expected to drive the market growth during the forecast period.
| Report Coverage | Details |
| Growth Rate from 2023 to 2032 | CAGR of 18% |
| Market Size in 2023 | USD 84.6 Billion |
| Market Size by 2032 | USD 375.23 Billion |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Product, Technology, Access Methods, Application, End User and Geography |
| Companies Mentioned |
Panasonic Corporation, Samsung Electronics Co. Ltd., Sharp Corporation, Sony Corporation, The Coretec Group Inc. (3DICON Corporation), 3D Fusion Corp., Fujifilm Holdings Corporation, LG Electronics, Inc., Mitsubishi Electric Corporation, Toshiba Corporation |
3D movies are gaining popularity and there is an inclination towards these movies. 3D technology is used for display in the TV, monitors, photo frames as well as the smartphones. Increased purchasing power in the consumers of the Asia Pacific region and other developing nations will drive the market growth in the coming years. Also there is a growing demand for the curved displays that shall create a greater demand for 3D display. Due to the use of the augmented reality and virtual reality in different electronic products the market is expected to grow well in the coming years. There's also an increased use of the 3D displays in the medical sector. Constant research and development activities have provided with innovative products in the 3D technology.
3D technology is also used in the theaters for displaying various movies. It is helpful in providing a better experience. Due to a growing demand for online gaming the market is expected to grow well in the forecast period. Gaming has gone to the next level due to the integration of the 3D technology in various games. In the United States video games are played on different electronic devices like computer as well as television. There are also many other devices of the portable nature which are used for playing games. In order to enhance the experience of the online gamers there is an integration of the technologies like the augmented reality and virtual reality. They help in providing a 3D effect and all of this is expected to drive the market growth in the coming years.
Depending upon the product, the stereoscopic display segment is expected to dominate the market in the coming years. This type of display is used in the games as well as the entertainment industry. Increased use of these displays in gaming as well as entertainment will drive the market growth in the coming years period it is also used in animation and the movies which help in providing an enhanced experience to the viewers. Constant research and development activities have provided innovative technology which has been helpful and reducing the cost of these products.
Apart from the stereoscopic display the volume metric 3D display market is also expected to grow well during the forecast period. Due to the use of this display the need for the headgear is reduced. The volumetric 3D display technology shall be used for the various events organized by the companies as well as the people and it shall also be helpful in the art galleries. The head mounted display segment is also expected to grow well during the forecast. As the medical and the engineering fields have good application of this product. Increase in the number of technological advancements in the head mounted display products will be beneficial in driving the market growth in the coming years period.
The LED technology is expected to have the largest market share in the coming years. In order to provide a better-quality image LED panels are used as a solution. There is a growing demand for the LED technology in developing the displays for many applications. They shall be an increased use of the LED technology in the smartphones and monitors. A lead technology is also used in the televisions. Ed technology provides the benefits of faster response and better-quality images and these two reasons will drive the market growth in the coming years.
Depending upon the application, the TV segment has had the largest market share in the recent years. The TV segment is expected to grow with a highest compound annual growth rate during the forecast period. This segment has the largest market share as 3D technology is used in the televisions. It is also used in the computers as well as the smartphones. Major manufacturers of TV are constantly focusing on providing 3D display for all their products. The use of 3D technology in televisions provide a treat to the eyes. The quality of the picture is enhanced. In the recent years the manufacturers have also come up with a strategy of providing the televisions with the 3D technology which shall also offer many premium features. The integration of the premium features in the televisions will drive the market growth during the forecast period.
Apart from his usage in the televisions it is also expected to be used largely in the head mounted devices. There's a growing demand for smart glasses and head mounted devices across the globe. Increased popularity of gaming which shall drive the market growth. The smartphone segment will also grow well during the forecast period. As the 3D technology is incorporated in many smartphones that market is expected to grow well. Increase in the purchasing power and changes in the lifestyle of the people will drive the market growth and create greater demand for the smart phones which offer the premium features.
Segments covered in the report
By Product
By Technology
By Access Methods
By Application
By End User
By Geography
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