Global 3D Display Market By Type (Volumetric Display, Head Mounted Display, and Stereoscopic Display), By Technology (Plasma Display Panel (PDP), Digital Light Processing (DLP), Organic LED (OLED), and Light Emitting Diode (LED)), By Application, By Region and Companies – Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Report Overview

The Global 3D Display Market size is expected to be worth around USD 560.5 Billion by 2032 from USD 127.9 Billion in 2023, growing at a CAGR of 18.40% during the forecast period from 2023 to 2032.

The 3D display is an advanced technology that is designed to enhance the visual experience of the users by offering the sensation of depth and three-dimensional visuals. Nowadays, 3D displays are used in many applications for their high visuals and realistic experience. The 3D display is used in many applications like television, monitors, smartphones, mobile computing devices, projectors, and many other displays in the market. 3D display technology has seen a rise in demand over the last few years due to its high demand in photography, films, education, gaming, engineering simulations, and many such industries. This wide use of 3D display technology is boosting the growth of the 3D display market.

Note: Actual Numbers Might Vary In The Final Report

Also, volumetric 3D displays are in trend in the market for their autostereoscopic technology, which provides a three-dimensional image to the viewers which is visible through the naked eye and does not need 3D glasses to enhance the visuals. The key companies in consumer electronics are trying to expand their range of products by integrating 3D display technology in the displays to improve the visual experience of the viewers. This is fueling the 3D display market to grow further. Moreover, the growing gaming industry across the world has increased the demand for 3D display technology in monitors and TVs for a better visual experience. This will propel the growth of the market in the upcoming period.

Key Takeaways

• The Global 3D Display Market is expected to reach USD 560.5 Billion by 2032 with an anticipated compound annual compound annual growth rate of 18.40% during its projected forecast period from 2023-2032.
• Demand for 3D displays has been driven by the increasing need for immersive visual experiences within gaming and entertainment industries, especially gaming consoles and PCs with 3D display technology, leading to its integration in smartphones, PCs, and TVs, further fuelling market expansion.
• However, the 3D display market faces several difficulties such as high costs of displays that make them inaccessible to most members of society, and insufficient 3D content which inhibits adoption of this technology.
• Even with its challenges, the market offers significant growth potential due to investments made in developing 3D content development. Key companies are creating movies, videos and advertisements using this form of 3D media which in turn drive growth in the 3D display market.
• AR and VR technologies have contributed significantly to the expansion of 3D display markets. Their development requires 3D content creation as well as displays to be effective for use.
• Light Emitting Diode (LED) technology leads the 3D display market due to its widespread adoption across industries, especially smartphones and televisions. Organic LED (OLED) displays are expected to experience the highest compound annual compound growth during this forecast period due to growing consumer demand for higher-quality displays.
• Television holds the largest market share among applications due to the increasing global demand for high-quality TV sets, and increasing integration of 3D displays into smartphones is anticipated to drive further expansion within this segment.
• Geographically, North America leads the 3D display market, followed by Asia Pacific region. North American’s growth is being propelled by increasing numbers of 3D screens and theaters while Asia Pacific region could experience substantial expansion as disposable incomes rise and film industries emerge.
• Sony Corporation, Samsung Electronics Co. Ltd., LG Electronics Inc., Panasonic Corporation, Toshiba Corporation, Mitsubishi Electric Corporation, Fujifilm Holdings Corporation Sharp Corporation Innolux Corporation Japan Display Inc and Vision Ox Company are major players in the 3D display market.

Driving Factors

Increasing Demand for High Visual Experience from Gaming Industry is Driving the Growth of the 3D Display Market

The increasing demand for high visual effects, better user experience, and realistic features from the gaming and entertainment industry are driving the growth of the 3D display market. The gaming industry has shown high interest in adopting technology with high visual experience and better graphics in the last few years. This has boosted the demand for 3D displays in the market. The gaming industry is switching towards 3D technology to improve the user experience and expand the industry. This is anticipated to affect the growth of the 3D display market positively.

Moreover, the increasing integration of 3D displays in smartphones, PCs, and TVs worldwide is further boosting the growth of the 3D display market. Many companies are offering 3D displays in smartphones and head-mounted displays to attract customers to adopt the 3D technology integrated displays in their use. All these factors are propelling the growth of the 3D display market.

Restraining Factors

High Prices and Lack of 3D Content are Restricting the Growth of the 3D Display Market

The 3D displays offer a realistic and high visual experience to the viewers, but the unavailability of the 3D content to display on the screens is hampering the growth of the 3D display technology. The 3D display is still under development technology. Only a limited amount of content is available at the moment that can be watched on the 3D displays. Therefore, this unavailability of 3D content is restricting individuals from buying 3D display technology-integrated monitors and TVs. This is obstructing the growth of the 3D display market.

Also, the high cost of 3D displays in the market makes them unaffordable to a major part of the population. The 3D displays are available at a very high price in the market, and due to this, many individuals are not able to afford the 3D displays in their use. Therefore, the high prices of 3D displays are restricting the growth of the 3D display market.

Growth Opportunities

Increasing Investments in 3D Content is Anticipated to Create Many Lucrative Opportunities in the 3D Display Market

The 3D display technology is still an under-developing process technology. Many companies across the world are investing in the development of 3D technology-integrated displays. This is creating many lucrative opportunities in the market. Moreover, many key companies are focusing on the development of 3D content for 3D display technology. The big players in the entertainment industry are focusing on the development of 3D content like movies, videos, advertisements, and many such contents. With the development of 3D content, the 3D display market will also create many opportunities in the market over the forecast period.

Trending Factors

The Ongoing Trend of AR and VR is Boosting the Growth of the Market

The ongoing trend of Augmented Reality (AR) and Virtual Reality (VR) in the entertainment and gaming industry is boosting the growth of the 3D display market. The future of AR and VR technology totally depends on the development and availability of 3D content and 3D displays in the future. Virtual reality is integrated into the headsets with 3D displays for the visuals. The 3D displays are the core and important part of virtual reality headsets. Therefore, the increasing use of AR and VR technology across industries will boost the growth of the 3D display market.

Type Analysis

The Stereoscopic Display Dominates the Type Segment in the 3D Display Market.

The 3D display market is classified into the volumetric display, stereoscopic display, and head-mounted display based on the types. Among these types, stereoscopic displays lead the market by accounting for a major revenue share in the 3D display market. The growth of the stereoscopic display is due to the increasing use of these displays in the gaming and entertainment industry.

The high-quality content with high definition and high-resolution graphics requires top-level displays to work. Therefore, stereoscopic displays are in high demand for their high-quality content displaying benefits. These benefits of the stereoscopic display improve the user experience and provide a realistic display. This is attracting more and more customers to adopt stereoscopic displays. This is propelling the growth of the stereoscopic display in the 3D display market.

However, the head-mounted displays are expected to grow at a significant CAGR over the forecast period. The increasing popularity of head-mounted displays in the engineering, science, and medicine sectors is driving the growth of head-mounted displays in the 3D display market.

Technology Analysis

The Light Emitting Diode (LED) Leads the Technology Segment of the 3D Display Market

Based on technology, the 3D display market is classified into digital light processing (DLP), plasma display panel (PDP), light emitting diode (LED), and organic LED (OLED). Out of these technologies, the light emitting diode (LED) dominates the technology segment by covering the major revenue share in the market. The widespread use of LED panels across various industries for enhancing image quality, backlighting solutions, and faster response is driving the growth of the light-emitting diode (LED) in the technology segment of the 3D display market.

The increasing use of LED panels in smartphones and televisions is expected to boost the growth of the light-emitting diode (LED) in the technology segment of the 3D display market. However, organic LED (OLED) technology is anticipated to grow at the highest CAGR during the forecast period. The increasing demand for high-quality displays is driving the growth of organic LED (OLED) in the market.

Application Analysis

The Increasing Demand for Television Sets Across the World is driving the Television Segment’s Growth

The 3D display market is classified on the basis of applications into television, projectors, smartphones, mobile computing devices, head-mounted displays, monitors, and other applications. From these applications, television leads the application segment of the 3D display market by covering the major revenue share. The growth of television in the application segment is owing to the increasing demand for high-quality televisions across the world. After the ease of pandemic restrictions, individuals prefer to watch movies and shows on television rather than go to theatres. This has boosted the demand for television sets in the last few years. The increasing developments for the integration of 3D displays in smartphones are anticipated to boost the growth of smartphones as an application in the 3D display market.

Key Market Segments

Type

• Volumetric Display
• Stereoscopic Display
• Head Mounted Display

Technology

• Plasma Display Panel (PDP)
• Digital Light Processing (DLP)
• Organic LED (OLED)
• Light Emitting Diode (LED)

Application

• Television
• Projectors
• Smartphones
• Mobile Computing Devices
• Head Mounted Displays (HMD)
• Monitors
• Other Applications

Regional Analysis

The North America Region Leads the Market with the Most Significant Share

North America leads the 3D display market by holding a major revenue share of 34.6%. The growth of North America is attributed to the growing gaming and entertainment industry in countries like the United States and Canada. The increasing number of 3D screens, theatres, and cinema halls for the growing craze for 3D movies is driving the growth of the North American region in the 3D displays market. With the increasing number of 3D films, North America will grow significantly over the forecast period.

After North America, the Asia Pacific region is anticipated to grow significantly during the forecast period. The increasing disposable incomes and developing film industries in countries like China, India, Japan, and South Korea will boost the growth of the Asia Pacific region in the upcoming period.

Note: Actual Numbers Might Vary In The Final Report

Key Regions and Countries Covered in this Report:

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Russia
  • Netherland
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • New Zealand
  • Singapore
  • Thailand
  • Vietnam
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA

Key Player Analysis

The 3D display market is fragmented into many companies offering 3D displays. These companies are adopting the strategies like collaboration, partnership, mergers, and acquisitions to expand their business share and strengthen their position in the market.

Some of the key companies in the 3D display market are

• Sony Corporation
• Samsung Electronics Co.Ltd.
• LG Electronics Inc.
• Panasonic Corporation
• Toshiba Corporation
• Mitsubishi Electric Corporation
• Fujifilm Holdings Corporation
• Sharp Corporation
• Innolux Corporation
• Japan Display Inc.
• Vision Ox Company.
• Other Key Players

Recent Developments

• In October 2020, Sony Corporation introduced its new spatial reality display. This SR display of Sony Corporation permits the users to create and generate high graphics and visual effects.
• In January 2022, Samsung Electronics Co.Ltd. launched their QLED, MICRO LED, and OLED lineups to uplift the user experience of customers to the next level.

Report Scope