3D Display Market Size Worth $204.16 Billion By 2025

The global 3D display market size is expected to reach USD 204.16 billion by 2025, according to a new study by Grand View Research, Inc., exhibiting a CAGR of 19.4% during the forecast period. Surging demand for enhanced imaging and viewing experience is estimated to be one of the key trends augmenting the market. Rising use of 3D technologies across a variety of applications in several industries will further boost market growth.

North America was the leading revenue contributor in 2016. However, it is projected that Asia Pacific will witness significant growth and become the highest revenue generating regional market by 2025. Robust growth of the entertainment and gaming industries, especially in Japan, China, and India, is poised to play a vital role in revving up the adoption rate over the forecast period. Presence of major OEMs is contributing significantly toward regional growth.

Stereoscopic 3D products are useful in numerous applications including TVs, smartphones, tablets, and computers. Key players in the market have introduced compatibility in head mounted display (HMD) with minimum hardware requirement. Multinational conglomerates such as Sony and Samsung prominently operate in the business of HMD.

Emerging display technologies such as OLED are likely to gain increased market penetration over the forecast period owing to increasing implementation in various devices, thereby offering improved picture quality and performance. However, lack of compatible content and high cost of these products are expected to negatively impact the overall market.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/3d-display-market

Further key findings from the report suggest:

The HMD product segment is anticipated to witness significant growth at a CAGR of over 25.0% from 2017 to 2025. The growth of the segment can be attributed to advancements in the technology and lower prices of these displays
The stereoscopic segment represented more than two thirds of the market revenue in 2016. Advancements in autostereoscopic technology are poised to trigger the growth of this segment
The OLED segment is projected to post a CAGR of 27.4% during the forecast period, owing to increasing adoption of OLED displays in numerous electronic devices such as TV, smartphones, tablets, and laptops
TV was the most prominent application segment in 2016, representing closet to 75.0% of the overall market revenue. Consumer electronics manufacturers (CEMs) are trying to enhance viewing experience of users by incorporating 3D display technologies
Asia Pacific is likely to experience the highest growth over the forecast period. Changing consumer preferences in developing economies and flourishing entertainment and gaming industries are escalating the demand for 3D displays
Global players include Samsung, LG, Sony, Toshiba, Sharp, Panasonic, Nikon, Canon, and Fujifilm. These key players are adopting organic and inorganic growth strategies such as investments in R&D, product innovation, and M&A activities to acquire larger industry share.

Commercial Display Market Worth $57.9 Billion By 2025

The global commercial display market size is estimated to reach USD 57,907.09 million by 2025, growing at a CAGR of 7.07% over the forecast period, according to the new report by Grand View Research, Inc. The global shipments of commercial-grade TVs are anticipated to exceed 25 million units by 2025. The growing adoption of the state-of-the-art display technology by developing nations of the Asia Pacific region is expected to spur the demand for commercial displays.

Commercial displays are specifically designed for business applications that require higher runtimes, uniform aesthetics, high-end specifications, brighter displays, longer product life, and less maintenance. These displays differ from consumer display products in many ways. A consumer TV would provide a brightness of 150 – 250 Nits, whereas a commercial TV provides 300 – 2,000 Nits of brightness, which is suitable for outdoor applications. The demand for such professional-grade displays from various commercial applications is higher.

The commercial displays include digital signage products such as video walls, digital posters, kiosks, and others. These displays have a high demand from end-use applications such as retail, hospitality, transportation, and banking. The healthcare sector is expected to register a CAGR of more than 7.0% over the forecast period. The digital signage technology, coupled with IoT, and increasing adoption of cloud computing are expected to be the crucial factors driving the growth of the market. Moreover, commercial displays are enabling businesses to advertise and market products and services in an effective way.

The government and regulatory bodies across the world are favorably driving the market growth through investments and initiatives for infrastructure developments. For instance, Chinese entities have made huge investments in the African airport infrastructure as a part of the Sino-African ties. As a result, airports in African cities such as Maputo are significantly developed and commercial displays have been installed all over the airports.

Additionally, the infrastructure development authorities in cities such as New York City are installing commercial signage displays to provide general information to the people. Additionally, the digital signage on the roadways and highways have access to real-time updates through IoT and provide the latest information, thereby increasing the safety of the people in the case of emergencies. For instance, the digital signage boards on roads are used for displaying emergency messages and alerts such as natural disasters, riots, civil unrest, and so on. All these factors are leading to market growth in developed and developing nations.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/commercial-display-market

Further Key Findings From the Report Suggest:

The commercial display market is gaining traction owing to the increasing demand for digital signage from advertising & media industries coupled with an increasing preference among companies for the digitized form of advertisements
The increasing adoption of digital signage products in hospitals and clinics for sharing registration information, display notifications, and conveying wellness tips is driving the healthcare segment growth
The hardware segment, which includes displays, extenders & cables, accessories, and installation equipment, is projected to dominate the component segment over the forecast period
The LED segment is expected to register a CAGR of over 7% from 2019 to 2025 owing to the high demand for micro LED displays
The demand for commercial displays with panel size above 75 inches is expected to increase over the forecast period owing to the growing need for large-format displays in retail and hospitality applications
The market is witnessing a shift in trend, from the use of flat panel displays to curved panels, owing to the immersive viewing experience and a wider view provided by the curved panel TVs and monitors
The transportation application segment is expected to grow at the highest CAGR of over 8% over the forecast period owing to the rapid urbanization in developing countries and development of the transportation sector
More than 13 million units of commercial-grade display TVs were shipped in the year 2018
The shipments for TVs with the display size of 52 to 75 inches are expected to increase significantly from 2019 to 2025
Prominent players in the market include CDW; Cisco Systems, Inc.; Dell; Koninklijke Philips N.V.; LG Display Co., Ltd.; NEC Display Solutions; Panasonic Corporation; SAMSUNG; Sharp Electronics Corporation; and Sony Corporation.

Head Mounted Display Market Size Worth $11,793.3 Million By 2020

The head mounted display market has witnessed substantial growth over the past few years, with a study by Grand View Research stating that increased proliferation of the technology in various critical end-use sectors such as healthcare and manufacturing has heavily aided in the positive development of the industry.

The global head mounted display market size is projected to reach USD 11,793.3 million by the year 2020, as per a study by Grand View Research, Inc. A head mounted display, or HMD, is a display device consisting of a small display optic, either in front of one or both the eyes. The continued adoption of technology and innovation in major industries such as gaming and entertainment, military and defense, simulation, sports, and healthcare, among others, has led to a widespread acceptance and adoption of these devices. Furthermore, there has been a sharp drop in silicon wafer costs globally, which has had a direct impact on micro-display prices, which account for a sizable percentage of the resultant HMD cost. Moreover, the growing demand for wearable, lightweight devices among a sizable global population is expected to be a key driving force for the HMD market.

Defense services are a key contributor to global demand, wherein head-mounted displays aid in security, imaging, and tracking. With the continued heavy investments by governments into their respective national defense infrastructure, there is a huge scope for sustained growth in the manufacturing and demand of innovative equipment, such as HMDs. The residential and consumer sector also has shown high affinity for such products, mainly for gaming and entertainment purposes, which has driven the market growth. Head-mounted displays offer a high degree of mobility and computing power, as well as a highly immersive and enriching experience. The arrival of virtual reality (VR) and augmented reality (AR) in the consumer space has also heightened expectations of innovation from HMD manufacturers. Additionally, the rising demand from the automotive prototyping space is expected to offer a key growth opportunity for industry participants. Training and simulation is another major industry growth driver, as the technology is safe and feasible for trainees for facing scenarios that can be risky in real-life, such as driving and aviation.

The global head mounted display market is broadly segmented on the basis of product, end-use, and application. With regards to product, the market is classified into helmet mounted display and wearable glass; the major end-use segments include defense and consumer, with consumer end-use comprising AR, VR, and gaming. The notable application areas of HMD include imaging, security, tracking, and training and simulation. Some of the notable organizations to have invested and introduced novel products and services in the head mounted display industry include BAE Systems, Google Inc., Imagine Corporation, Seiko, Rockwell Collins, Epson, Vuzix, and Sony Corporation, eMagin Corporation. These companies have indulged in innovative product launches, mergers and acquisitions, as well as collaborations with major industry experts, as their major strategies to expand geographical reach.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/head-mounted-display-hmd-market

Head Mounted Display Market Report Highlights

The healthcare sector has been steadily witnessing the proliferation of smart glasses and head mounted displays, as they offer clinical usefulness, improve collaborative efforts among institutions, and offer HIPAA compliant technology solutions
Helmet mounted displays accounted for over 60% of the market in 2013, owing to widespread use in the defense segment; however, these products are expected to lose market share due to the growing popularity of wearable glass
The defense segment accounted for over 70% of the HMD market in 2013 and is expected to remain the dominant end-use segment over the forecast period. These devices have proved to be highly efficient during training regimes and in locations with poor visibility.
The increasing popularity of augmented and virtual reality is expected to drive the consumer segment in the near future, as widespread availability of gaming consoles and accessories, coupled with increased disposable income, acting as the major demand drivers
The training and simulation segment is expected to account for a substantial share in the overall market through 2020, on account of the growing use of HMDs in medical as well as military training modules.
North America accounted for more than 35% of the global HMD market in 2013; on the other hand, the Asia Pacific region is expected to exhibit high growth over the coming years
The establishment of manufacturing facilities along with technology advancement due to the presence of Japan, South Korea, and China is expected to fuel regional market growth. Furthermore, the region is steadily emerging as a gaming hub, which is expected to offer numerous growth opportunities to market players
In December 2020, eMagin Corporation announced the signing of a 10-year lease regarding the expansion of their footprint to around 63,000 square feet, as part of their aim to improve their capability for offering high resolution, high brightness OLED microdisplays
In February 2021, Vuzix announced the completion of the first development phase of a customized head mounted waveguide-based display system for assisted medical cancer surgery, in partnership with a US-based medical institute

Flexible Display Market Worth $39.19 Billion By 2025

The global flexible display market size is estimated to reach USD 39.19 billion by 2025, expanding at a CAGR of 28.1% over the forecast period, according to a study conducted by Grand View Research, Inc. Rising adoption of portable electronic devices is the major factor driving the growth. Flexible displays are lightweight, energy-efficient, and shatter-proof, which, in turn is driving their adoption for smartphone manufacturing.

Rising sales of consumer electronics, such as wearable devices, bendable TVs, and foldable laptops are expected to proliferate the demand for flexible displays during the forecast period. Furthermore, technological advancements in the manufacturing process of flexible Organic Light Emitting Diodes (OLED) has boosted the demand over the past few years.

Rising demand from industries, such as healthcare and automotive has opened new growth avenues for the flexible display market. Automotive manufacturers are focusing on integrating flexible displays in automotive interiors. For instance, in May 2019, Samsung Corporation and Audi AG formed a strategic partnership to push Audi’s concept car, Audi Prologue A9 Prototype. The proposed car is expected to house a flexible, high-resolution Samsung OLED display near the gear stick helping driver control vehicle settings.

Flexible display manufacturers are investing huge amounts in R&D in a bid to develop energy efficient products. In 2018, a total of 20,590 individual patents/applications were filed by the companies such as Sony Corp., Philips, Samsung Corporation and others. In October 2018, Royole Corporation, a flexible display and smart devices manufacturer, launched FlexPai, a foldable device which can be bent, rolled, and operated as a smartphone as well as tablet.

Thus, technological advancements in the field of displays are anticipated to provide sound growth opportunities to manufacturers and offer customers high-quality touch screen displays. However, huge capital investment requisite to manufacturing flexible substrate is expected to hamper the market growth during the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/flexible-display-market

Further key findings from the report suggest:

The OLED display segment is expected to register significant CAGR of more than 20.0% by 2025. The significant rise in adoption of OLED technology on account of its ability to reproduce full range picture without a stacked structure, keeping the picture quality intact, is expected to bode well for the segment growth
The plastic material segment accounted for over two-third of the total market share in terms of value in 2018 and is expected to expand at a CAGR exceeding 22.0% from 2019 to 2025. The dominance is majorly driven by the properties, such as durability and flexibility offered with respect to size and shape
The smartphone application segment is expected to expand at a noteworthy CAGR of 25% over the forecast period. Flexible displays are lightweight and shatter-proof, which is anticipated to drive the demand
Asia Pacific is expected to witness substantial growth in the forthcoming years, owing to the huge base of consumer electronics manufacturers along with the escalating demand for compact and light-weight electronic devices
The flexible display market is characterized by high competition with the presence of established players, such as BOE Technology Group Co., Ltd.; Corning Incorporated; Innolux Corp.; AU Optronics Corp.; E Ink Holdings, Inc.; Japan Display Inc.; LG Display Co., Ltd.; Royole; Samsung Electronics Co., Ltd.; and Sharp Corp. (Foxconn) among others
These players are making huge R&D investments in R&D to develop cost-effective material substrates for use in flexible displays. Companies are aggressively patenting technologies to get competitive advantage

Interactive Tables Market Size Worth $1.5 Billion By 2027

The global interactive tables market size is expected to reach USD 1.5 billion by 2027, registering a CAGR of 7.2% over the forecast period, according to a new study by Grand View Research, Inc. Implementation of multi-touch technology in the education sector is expected to drive the market over the forecast period. Growing demand for digital classrooms that allow numerous students to work together for cooperative learning is expected to boost market growth.

Interactive tables are also extensively used in trade shows and exhibitions that require the display to be clear as well as allow multi-touch. 32 to 65 inch tables are witnessing increased demand among the exhibitions as they provide better clarity and are highly portable.

Furthermore, growth of the market is attributed to emergence of various interactive display technologies, especially in North America. Besides, the hospitality sector is witnessing a paradigm shift in terms of the transportation sector, including train stations, airports, and public places. At such public places, visitors and travelers can get personalized information, such as booking & check-in, social media sharing, and special offers, at interactive info screens and kiosk terminals.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/interactive-tables-market

Further key findings from the study suggest:

The market is anticipated to witness substantial growth in the coming years owing to rising significance of gamification in the education system and adoption of interactive tables in the hospitality sector
Based on technology, the capacitive segment accounted for the largest market share in 2019 owing to improved touch technology and distance sensing
By screen size, 32 to 65 inch tables captured a significant market share in 2019 and are witnessing high demand across various sectors as they are portable and easy to carry from one place to another
The interactive tables market in North America is expected to witness significant growth owing to the presence of a large number of restaurants using interactive technologies, coupled with strong presence of touch table solution providers in U.S.
Key players in the market include Box Light Corporation, DigaliX, eyefactive GmbH, Garamantis GmbH, and HORIZON DISPLAY, LLC.

Interactive Tables Market Size Worth $1.5 Billion By 2027

Click the link below:
https://www.grandviewresearch.com/industry-analysis/interactive-tables-market

Further key findings from the study suggest:

The market is anticipated to witness substantial growth in the coming years owing to rising significance of gamification in the education system and adoption of interactive tables in the hospitality sector
Based on technology, the capacitive segment accounted for the largest market share in 2019 owing to improved touch technology and distance sensing
By screen size, 32 to 65 inch tables captured a significant market share in 2019 and are witnessing high demand across various sectors as they are portable and easy to carry from one place to another
The interactive tables market in North America is expected to witness significant growth owing to the presence of a large number of restaurants using interactive technologies, coupled with strong presence of touch table solution providers in U.S.
Key players in the market include Box Light Corporation, DigaliX, eyefactive GmbH, Garamantis GmbH, and HORIZON DISPLAY, LLC.