Asia Pacific 3D Display Market
Holographic 3D display systems create further market expansion and this is the major factor driving the APAC 3D display market. Holographic display technology generates arbitrary wavefronts which can be considered as an ultimate 3D experience for end-user. In comparison of 2D image-based stereoscopic displays that are used to create 3D perception which can create issues such as headache, visual discomfort, eyestrain, and fatigue in some users, the holographic 3D displays are quite comfortable for users who want to experience realistic 3D. Another type of glassless 3D display technology includes volumetric displays, these displays use components distributed in a volume which scatter light in multiple directions, thus creating a realistic 3D experience. However, the requirement of high volume for these displays makes them difficult to use in many potential applications. Thus, holographic 3D displays which use a 2D surface by exploiting wave nature of light to develop 3D images are considered a more viable option for potential 3D display applications in fields such as marketing, advertising, medical, automotive, education, entertainment, retail, hospitality, events, sports, and digital signage among many others. HYPERVSN is one of the key companies that is catering to demands of a diverse variety of end users such as retail stores, hotels, cafes, commercial offices, entertainment, and events with its wide variety of holographic products such as HYPERVSN Solo and HYPERVSN Wall. Hence, the presence of innovative companies like these and advantages of holographic 3D displays over other systems is expected to drive the future growth of 3D display market.
APAC is characterized by the presence of various developing countries, positive economic outlook, high industrial presence, huge population, and rising disposable income. These factors make APAC a major contributor to the 3D display market growth. A high number of smartphone and smart TV users in the region generate various opportunities for the growth of the 3D display market. APAC is also a manufacturing hub with countries such as China, Japan, South Korea, and India being major manufacturing hubs. COVID-19 is anticipated to cause huge disruptions in the growth of various industries in the region. The shuttering of various plants and factories in China is affecting the supply chains and hampering manufacturing, delivery schedules, and sales of products and services. The 3D display market is projected to experience continuous growth due to surging demand from retail and commercial industries. However, in 2020, the market in APAC experienced a downfall due to the COVID-19 pandemic as the deployment of 3D displays reduced in various industries. Pandemic has also affected the supply chain and logistics operations, which has decreased the demand for 3D displays.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC 3D display market. The APAC 3D display market is expected to grow at a good CAGR during the forecast period.
The Asia Pacific 3D Display Market is valued at US$ 154.50 Million in 2021, it is projected to reach US$ 957.77 Million by 2028.
As per our report Asia Pacific 3D Display Market, the market size is valued at US$ 154.50 Million in 2021, projecting it to reach US$ 957.77 Million by 2028. This translates to a CAGR of approximately 29.8% during the forecast period.
The Asia Pacific 3D Display Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific 3D Display Market report:
The Asia Pacific 3D Display Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific 3D Display Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific 3D Display Market value chain can benefit from the information contained in a comprehensive market report.
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