Published Date : 25 Jul 2023
The global 3D glasses market size surpassed USD 14.81 billion in 2022 and is projected to rise USD 20.49 billion by 2030, anticipated to grow at a strong CAGR of 4.14 percent during the projection period from 2022 to 2030.
Three-dimensional glass, sometimes known as 3D glass, is a cutting-edge innovation from recent years. To provide the illusion of 3D pictures, 3D glasses use polarized 3D technology. Some of the main and significant factors that will probably affect the adoption of 3D TVs include the increasing accessibility of technologically advanced computing devices, the increasing internet penetration in various emerging regions, the ease of access to TV channels and internet services like on-demand content and catch-up services, the growing consumer interest in 3D viewing in emerging countries, the falling cost of 3D TVs driving the adoption of 3D glasses, and the development of glasses-free 3D TV technology. On the other hand, the presence of numerous major players providing a variety of solutions to customers along with growing consumer preferences for innovative and distinctive solutions will further contribute by creating enormous opportunities that will fuel the growth of the 3D glasses market in the anticipated timeframe.
3D Glasses Market Report Scope:
|Market Revenue in 2023||USD 15.42 Billion|
|Projected Forecast Revenue in 2030||USD 20.49 Billion|
|Growth Rate from 2022 to 2030||CAGR of 4.14%|
|Forecast Period||2022 To 2030|
|Regions Covered||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
The biggest market share was held by the Asia-Pacific in the 3D glasses market during the forecast period. Due to the presence of major players in China, the market in the Asia Pacific region is anticipated to grow more rapidly. Due to a rise in the number of digital 3D displays, which has prompted a rise in the transmission of 3D material and a rise in the number of 3D movies made in the area, Asia-Pacific now dominates the market for 3D spectacles.
The proliferation of technologically advanced computing devices, increased internet usage in emerging regions, easy access to TV channels and internet services like catch-up and on-demand programming, rising consumer interest in 3D viewing in developing countries, falling prices for 3D TVs driving uptake of 3D glasses, and the development of glasses-free 3D TV technology are just a few of the most significant and significant factors that are likely to have an impact. On the other hand, the existence of numerous major players providing a variety of solutions to the market, along with the rise in consumer preferences for creative and distinctive solutions, will further contribute by creating enormous opportunities that will fuel the development of the 3D glasses market in the anticipated timeframe.
One of the main factors propelling the market's growth is the rapid use of 3D cover glass technology in smartphones, along with an increase in the number of consumers using these devices globally. Growing technological developments in smartphone-based virtual reality and augmented reality headsets with 3D glass technology, rising adoption of 3D wearable glasses in theatres for watching 3D movies and in-home theatres, rising acceptance of 3D glass in televisions and monitors by various leading manufacturers, and growing developments in 3D technology applications for the entertainment sector are expected to improve the growth of the market during the forecast period.
Sales of 3D TVs have increased as a result of the recent decline in 3D TV pricing. The arrival of numerous vendors into the 3D TV industry is the primary cause of the price decline. Fresh competitors have led to fierce competition and pricing wars. The introduction of new and cutting-edge technology as a result of increased R&D spending has helped to bring down the cost of 3D TVs. For instance, LG Electronics' 3D TVs now cost about 20% less than they did before the development of the film-type patterned retarder (FPR) technology. When compared to active shutter glasses, passive shutter glasses are more affordable and have a production cost reduction of 80%. The price drop of 3D TVs will increase sales of 3D TVs, which will therefore increase sales of 3D spectacles.
The lack of standard 3D glasses and light loss that results in dark 3D content are predicted to function as market limitations on the development of 3D glasses in the aforementioned estimated timeframe.
3D glasses are continuously finding new uses in fields like surgery and medical imaging. As a result, the industry for 3D glasses has a very bright and exciting future.
According to report, viewing any type of TV might lead to some issues with eye strain because the eyes must constantly adjust to variations in brightness and contrast. Using the recommendations to reduce eye strain caused by prolonged 3D viewing would help to stay healthy. Keeping in mind that a lot of guidelines also apply to prolonged use of any other form of screen (computer, regular television, etc.).
Major Key Players:
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