Executive Summary

The global volumetric display market is expected to grow at a CAGR of over 25% during the forecast period of 2021-2026. The increasing demand for 3D displays in various applications, such as medical imaging, entertainment, and gaming, is driving the growth of the market. The market is also driven by the increasing adoption of augmented and virtual reality technologies, which require high-quality 3D displays. However, the high cost of volumetric displays and the lack of content for these displays are some of the key challenges faced by the market.

Important Note: The companies listed in the image above are for reference only. The final study will cover 18–20 key players in this market, and the list can be adjusted based on our client’s requirements.

Key Market Insights

• True 3D Visualization: Volumetric displays enable real three-dimensional images without the need for glasses or headsets.

• Applications Across Sectors: Used in medical imaging, defense training simulators, engineering design, and advertising.

• Technology Diversity: Approaches include swept-volume systems, static light-field arrays, and multi-layer LCD stacks.

• Immersive Experience Demand: Growing need for realistic 3D content in virtual collaboration and simulation.

• Content Creation Challenges: Generating native volumetric content and adapting existing 3D models remains resource-intensive.

Market Drivers

1. Medical Visualization: Surge in demand for 3D anatomical viewing for surgical planning and diagnostics.

2. Defense & Training: Realistic simulation environments for pilot and battlefield training favor volumetric systems.

3. Entertainment & Retail: Eye-catching volumetric advertising and event experiences drive marketing interest.

4. Collaboration Tools: Remote teams adopt volumetric displays for product design reviews and virtual prototyping.

5. Hardware Advancements: Improvements in high-speed projection, micro-LEDs, and GPU rendering boost performance.

Market Restraints

1. High System Costs: Complex optics and specialized hardware result in premium pricing.

2. Limited Content Ecosystem: Few platforms and formats support volumetric content creation and distribution.

3. Resolution Constraints: Achieving high spatial resolution and color fidelity in true-volume displays is challenging.

4. Size & Portability: Many systems are bulky and unsuitable for consumer desktop or mobile use.

5. Power Consumption: High frame-rate updates and illumination intensity require significant energy.

Market Opportunities

1. Standardized Content Tools: Development of authoring software and codecs for volumetric media.

2. Hybrid Display Systems: Combining transparent OLED or AR glass with volumetric elements for mixed-reality.

3. Modular Installations: Scalable, tile-based volumetric walls for trade shows and public installations.

4. Edge Computing Integration: On-site GPU clusters or cloud streaming to manage rendering load.

5. Education & Research: Adoption in universities and labs for interactive teaching and scientific visualization.

Market Dynamics

The global volumetric display market is driven by the increasing demand for 3D displays in various applications, such as medical imaging, entertainment, and gaming. The market is also driven by the growing adoption of augmented and virtual reality technologies, which require high-quality 3D displays. The advancements in display technologies are also driving the growth of the market.

However, the high cost of volumetric displays and the lack of content for these displays are some of the key challenges faced by the market. The high cost of these displays makes them less accessible to a wider audience, while the lack of content limits their potential applications.

Regional Analysis

The Asia-Pacific region is expected to witness the highest growth during the forecast period, due to the increasing adoption of 3D displays in various applications. North America and Europe are also expected to witness significant growth, due to the high demand for 3D displays in medical imaging and entertainment.

Competitive Landscape

Leading companies in the Volumetric Display Market:

1. Voxon Photonics
2. Holoxica Limited
3. Burton Inc.
4. LightSpace Technologies Inc.
5. Leia Inc.
6. FoVI 3D
7. Zebra Imaging Inc.
8. Holografika Kft.
9. The Coretec Group Inc.
10. Seekway Group

Please note: This is a preliminary list; the final study will feature 18–20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.

Segmentation

The global volumetric display market is segmented by type, application, and region.

By Type:

• Swept Volume Display
• Static Volume Display

By Application:

• Medical Imaging
• Entertainment

Category-wise Insights

Medical Imaging: The medical imaging segment is expected to dominate the market due to the increasing demand for high-quality 3D displays in medical applications. Volumetric displays can provide doctors with a more accurate and detailed view of the patient’s anatomy, making them an important tool for diagnosis and treatment planning. Additionally, volumetric displays can be used for surgical planning and simulation, allowing doctors to practice procedures before performing them on patients.

Entertainment: The entertainment industry is expected to be a significant market for volumetric displays. Volumetric displays can provide a more immersive and engaging experience for viewers, making them ideal for use in theme parks, museums, and other entertainment venues. Additionally, volumetric displays can be used for advertising and product displays, allowing companies to showcase their products in a unique and eye-catching way.

Key Benefits for Industry Participants and Stakeholders

• Increased demand for 3D displays in various applications
• Growing adoption of augmented and virtual reality technologies
• Advancements in display technologies
• Emerging applications of volumetric displays in education and training

SWOT Analysis

Strengths:

• Volumetric displays provide a more immersive and engaging experience for viewers
• Volumetric displays can provide doctors with a more accurate and detailed view of the patient’s anatomy
• Volumetric displays can be used for surgical planning and simulation

Weaknesses:

• High cost of volumetric displays
• Lack of content for volumetric displays

Opportunities:

• Increasing demand for volumetric displays in the entertainment industry
• Growing adoption of 3D printing technology
• Emerging applications of volumetric displays in education and training

Threats:

• Competition from other display technologies
• Potential for technical issues and limitations

Market Key Trends

• Increasing adoption of augmented and virtual reality technologies
• Growing demand for high-quality 3D displays in medical imaging
• Emerging applications of volumetric displays in education and training

Covid-19 Impact

The Covid-19 pandemic has had a significant impact on the global volumetric display market. With the increasing need for remote work and virtual communication, there has been a growing demand for high-quality 3D displays in various industries. Additionally, the pandemic has highlighted the importance of telemedicine and virtual healthcare, which has increased the demand for 3D displays in medical imaging.

However, the pandemic has also led to supply chain disruptions and production delays, which have affected the availability of volumetric displays in the market. The pandemic has also led to economic uncertainties, which may affect the growth of the market in the short term.

Analyst Suggestion

To succeed in the competitive volumetric display market, industry players should focus on the following strategies:

• Investing in research and development to improve the quality and affordability of volumetric displays
• Developing partnerships with content creators and software developers to increase the availability of content for volumetric displays
• Expanding into emerging markets, such as education and training, where volumetric displays have potential applications
• Exploring new technologies, such as 3D printing, to create new opportunities for volumetric displays

Future Outlook

The global volumetric display market is expected to continue growing at a high rate in the coming years. The increasing demand for 3D displays in various applications, such as medical imaging, entertainment, and gaming, is expected to drive the growth of the market. Additionally, the growing adoption of augmented and virtual reality technologies is expected to create new opportunities for volumetric displays.

However, the high cost of volumetric displays and the lack of content for these displays are expected to remain key challenges for the market. To overcome these challenges, industry players will need to invest in research and development to improve the quality and affordability of volumetric displays, as well as develop partnerships with content creators and software developers to increase the availability of content for these displays.

Conclusion

The global volumetric display market is a growing and competitive market with significant potential for growth. The increasing demand for 3D displays in various applications, such as medical imaging, entertainment, and gaming, is driving the growth of the market. The market is also driven by the growing adoption of augmented and virtual reality technologies, which require high-quality 3D displays.

However, the high cost of volumetric displays and the lack of content for these displays are some of the key challenges faced by the market. Industry players will need to invest in research and development to improve the quality and affordability of volumetric displays, as well as develop partnerships with content creators and software developers to increase the availability of content for these displays.