Holographic Display Market: By Technology (Reflection, Transmission, Hybrid and Others), By Type (Laser, Semi-transparent and Others), By End-Users (Medical, Art & Museum, Defense & Aerospace and Others); By Geography- Forecast (2016-2021)
Holographic displays are a true 3D display that have the scene or object in real space, allowing the viewer to look around objects and see them from a slightly different perspective, as they would in real life. This leads to a more comfortable and naturalistic viewing experience without all the intricacies associated with stereo 3D display. Booming FDIs and innovation platforms in developing nations of APAC especially India offers huge opportunity for the market players. Americas is the dominant market for holographic displays owing to heightened preference towards enhanced display devices and presence of multinational companies seeking 3D holographic displays for their business and administration activities.
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The developing need of holographic display is mainly because of the rising need for low cost and creative advertising in the saturated retail markets. 3D holographic displays are the future trend to be followed in digital media and commercial industry. They find their use in various applications pertaining to commercial sector and can be placed at several places including exhibitions, corporate offices, shopping malls, showrooms, real estate, multiplexes & entertainment zones, government events / corporate events, seminars, hotels, airports and many more. These 3D holographic displays target customers with high consumption potential and high affinity for business of the products. These holograms are best for constant advertising and image campaigns.
The holographic displays market is set to expand from conventional research application segments to broader commercial segments like automotive, entertainment, construction and so on especially in the developed nations , whereas the developing nations are set to witness introduction phase. Commercial sector holds the maximum share in the overall holographic display market. It is anticipated to dominate the global by end-users and is estimated to control around 32% of the total holographic display market revenue in 2021. However, medical is estimated to attain the fastest growth rate during the forecast period.
The report explains that global holographic display market is segmented on the basis of technology, type, end-users and geography. Based on technology, holographic display is classified into (Reflection, Transmission, and Hybrid)
Holographic display finds their applications into a variety of end used industries which include:
- Art & Museum
- Defense & Aerospace
- Consumer Electronics
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Each of these segments is further broken down to give an in-depth analysis of the market. The holographic display market report analyses the holographic display in various applications and covers the market demand with respect to regions.
Booming FDIs and innovation platforms in developing nations of APAC especially India offers huge opportunity for the market players. Americas is the dominant market for holographic displays owing to heightened preference towards enhanced display devices and presence of multinational companies seeking 3D holographic displays for their business and administration activities. The holographic displays market is driven by increased demand from the end-use industries such medical, art & museum, defense & aerospace, industrial, commercial, consumer electronics, automotive and many others. Adoption of holographic displays in military simulation especially in training and army evaluation is yet other reasons which will drive the growth of holographic displays in the near future.
As far as the geographical region are concerned, Americas, due to its expanding high end technology and rapidly growing industrial and commercial activities is estimated to experience the highest growth in the holographic display market between 2016 and 2021.
The Key Players profiled in this report include like:
- Musion Das Hologram Ltd.
- EON Reality Inc.
- Zebra Imaging
- Provision Interactive Technologies, Inc.
- Holo Displays Inc.
The report analyses the market demand with respect to various regions. Competitive landscape for top five holographic display markets is highlighted and market players are profiled and are analysed on disparate aspects like company overview, financial overview, product portfolio and recent developments.
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