Holographic Display Market
Holographic Display Market was valued at a worth of USD 1,350 million in 2020 and is estimated to grow at a CAGR of 30.2% during the forecast period 2022–2031.
Coherent light is used in holographic displays to produce a three-dimensional image in space. By utilising the four visual functions of binocular disparity, motion parallax, accommodation, and convergence, it may give the appearance of 3D objects in volumetric space. The ability to regulate light and a vast number of pixels that are much smaller are necessary for true holographic displays.
In order to create realistic three-dimensional (3D) visuals, a holographic display is used. It works by using a holographic illusion-producing technology called light diffraction. It is used in a variety of industries as a powerful marketing and advertising technique to promote brands and boost sales. Today, a number of manufacturers are releasing cutting-edge product variations that can display 3D aerial map views. They have micro pistons built into them that perform similarly to pixels on a computer monitor, which helps to enhance the overall quality of the image.
Market Dynamics
Huge demand for holographic display from the healthcare sector is one of the significant trends that is affecting the holographic display market positively. Holographic imaging is likely to attain a steep growth during the forecast period 2022-2031 owing to its applications in medical academia, medical imaging, and healthcare research. For instance, in February 2016, Holoxica Limited secured a grant award of about USD 1.4 million from European Commission Horizon 2020 “SME Instrument” investment program to develop a 3D holographic video display specifically for medical scanners.
Touchable holographic display trend is gaining traction due to its increasing applications across various industries. Moreover, its commercialization has offered tremendous opportunities for holographic display market. The launch of holographic touchable kiosks, digital signage modules, and medical imaging applications is revolutionizing the holographic display market, thereby it is projected to offer lucrative market opportunities during the forecast period. RealView Imaging Ltd, Israel based company is using the field of interactive live holography by creating a new dimension for medical imaging applications and launched its first product HOLOSCOPE-i for interventional cardiology procedures in 2018.
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Key Players
Some of the major companies operating in the market are Holoxica Ltd, , Konica Minolta, Inc. , EON Reality Inc., MDH Hologram , Realview Imaging Ltd., DisplAir Inc. , AV Concept Inc. , Zebra Imaging, Provision Holding, Inc, Kino-mo Ltd , Shenzhen SMX Display Technology Co., Ltd.
By Technology
By Type
By Application
DC Description
Holographic display, laser plasma devices, full parallax, holographic television display, micromagnetic piston, holographic medical imaging, Samsung holographic display, Apple patents
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The report also covers additional points within the scope
o Tensor and Multilayer display
o Multiscopic approach: Micro lens array for multiple views
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