3D Display Market Size, Share & Trends Analysis Report By Product (Volumetric Display, Stereoscopic Display, Holographic Display), By Technology Type (DLP, PDP, OLED, LED), By Access Method, By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030

3D Display Market Size & Trends

The global 3D display market size was estimated at USD 122.44 billion in 2023 and is projected to grow at a CAGR of 19.9% from 2024 to 2030. Increasing demand for 3D technology designed for gaming industries and home entertainment is among the major factors driving the market growth. The market is expected to witness significant growth from 2024 to 2030, owing to the declining prices of electronic devices and the increasing disposable income of consumers globally.

The gaming industry has seen significant shifts in gaming experience, technology, and graphics during the past few years. The industry is moving toward improving the full gaming experience with 3D technology, accelerating the market growth. In addition, rising interest in LED and OLED technologies that offer superior performance and picture quality compared to traditional display technologies is expected to help the overall market.

Companies in the 3D display market are developing new technologies for attracting customers enabling them to gain better traction in the market. For instance, in May 2022, Sony Corporation teamed up with Theta Labs, Inc. (U.S. based Software Company) to launch 3D NFTs, with its design will be compatible with the Spatial Reality Device (SRD) technology of Sony Corporation. The major highlight of the type is its ability to sync an image to be compatible with the user's eye movement for creating 3D effects. The growing incorporation of these displays in various devices such as smartphones, monitors, notebook PC, TVs, and digital photo frames is also able to play a vital role in driving the market growth.

During the initial phase of the COVID-19 pandemic, demand for smartphones, televisions, and similar non-essential consumer electronics witnessed a decline, attributed to consumers' delayed spending on these products, which impacted the global market for 3D displays. However, with post lifting of the restrictions, demand for consumer electronic types increased owing to a rise in online classes and working from home.

Emerging economies such as India and China are expected to experience remarkable growth from 2024 to 2030 due to the extended base of the middle-class population and increasing standards of living. Projectors and monitors, amongst the key applications of 3D displays, are anticipated to register a sudden increase in sales shortly due to shifting consumer preferences and rising demand for high-definition graphics. High cost, combined with a lack of 3D content and health-related issues, including nausea, motion, eye disorders, and headaches, is expected to hinder the 3D display market growth.

However, factors such as evolving consumer choices and awareness about HD technology have resulted in the 3D display industry’s growth. Additionally, the adoption of digital cinema screens can offer a 3D viewing experience and the rising popularity of 3D movies are also expected to drive the development of the market. Although high price is a factor derailing the wider adoption of the 3D display, as time passes, prices are expected to come down owing to technological advancements and increased purchasing power.

Moreover, major players offer products with additional features to gain greater traction in the market. The 3D display companies are getting into partnerships/collaborations to share technology for developing new types to gain competitive advantage. Such factors gain lucrative opportunities in the market. For instance, in April 2022, Apple Inc. announced its plan to launch HMD display MR devices mounted with Micro OLED and OLED displays. Such R&D happening in the HMD segment will fuel the growth of the segment from 2024 to 2030.

Market Concentration & Characteristics

The 3D display solution has been witnessing increased demand in the market, which can be attributed to factors such as advancements in display technologies, which include improved color accuracy, brightness, and resolution. Moreover, the market is witnessing a rise in demand due to the increasing application of 3D display solutions in medical imaging and the entertainment industry. Education is a key industry where the application of 3D displays has been rising. With 3D displays, educators are able to create a lifelike model of complex concepts, which helps students visualize and grasp complicated subject matter, including astronomy, geography, and among others. With 3D displays, students can learn more interactively and engagingly, helping students in better learning outcomes.

With the e-commerce boom, online shopping has become an important aspect of many consumers. However, shopping could be a lackluster experience if there are no options to try things or view the type closely. 3D displays in such a situation help to solve the problem by enabling shoppers to see the types, offering an immersive and realistic experience. The customers can see the types in 3D, rotate them, and even have a virtual try-on, which enables them to offer customers a more engaging shopping experience.

Moreover, the application of 3D displays in areas such as aviation, military training, and medicine has also been on the high side. 3D displays can simulate complex operations, which helps the trainees gain better practical skills without the usage of actual equipment; this feature has been the major stimulant to the increased adoption of 3D displays in military simulation. With the feature play, trainees can have the liberty to make mistakes without causing any harm, leading to better, safer, and more effective training.

In the upcoming years, with the advancement in display technology, 3D displays will help bring a more realistic, immersive, and comfortable viewing experience. This is expected to help the technology become more popular and adopted in a wide range of applications. The development of other technologies, such as AR/VR technology, is also projected to play a crucial role in the increased demand for 3D displays. Additionally, factors such as the increasing availability of 3D content and the reduced cost of 3D displays are anticipated to drive market growth at a rapid pace.

Product Insights

The stereoscopic display segment accounted for the largest market share of over 60% in 2023. The growth of the stereoscopic segment can be attributed to high adoption in the gaming and entertainment industries for applications, including academics, movies, animations, and video games, among others. Furthermore, improvements in autostereoscopic technology and lower costs of the stereoscopic types have also contributed to the growth.

The holographic display segment is expected to register the fastest CAGR during the forecast period. A key factor driving the holographic segment’s growth is the increasing demand for immersive and interactive visual experiences across various sectors. Industries such as entertainment, advertising, education, and healthcare are seeking innovative ways to captivate audiences and enhance engagement, making holographic displays an attractive solution.

Technology Type Insights

The LED segment accounted for the largest market share of more than 70% in 2023. LED panels are commonly used as backlighting solutions for enhancing image quality and getting a faster response. Several companies are focused on developing LED-based displays for various applications such as TVs, monitors, smartphones, and HMDs.

The OLED technology segment is expected to record the fastest CAGR, exceeding 26% during the forecast period. The growth of the OLED segment can be attributed to the rising adoption across several devices and enhanced picture quality and performance as compared to traditional displays. Additionally, increased penetration of OLED in smartphones is another factor fueling the OLED segment's growth.

End-use Insights

The consumer electronics segment occupied the largest revenue share in 2023. The growth of the consumer electronics segment can be attributed to the increasing demand for immersive and visually engaging experiences. Moreover, the proliferation of 3D-enabled devices, which includes 3D TVs, gaming consoles, and smartphones, has been fueling the growth of the consumer electronics segment. Advancements in autostereoscopic technology, eliminating the need for specialized glasses, have further accelerated the popularity of 3d displays in the consumer electronics industry.

 The medical segment is expected to expand at the fastest CAGR from 2024 to 2030. The growth of the medical segment can be attributed to benefits such as helping create 3-D models, enabling surgeons to explore different approaches to surgery, providing a comprehensive view of the patients and enabling healthcare professionals to develop a personalized treatment plan, offering real-time 3D images, helping patients understand their condition and proposed treatment.

Access Method Insights

The micro display segment accounted for the largest market share in 2023. The increasing demand for compact and lightweight devices, such as head-mounted displays (HMDs) and augmented reality (AR) glasses, stands out as a primary driver. Micro screens have become particularly essential in meeting this demand, offering a portable and space-efficient solution that enhances the user experience with immersive 3D graphics. The growth of the micro display augmented reality industry has been significantly supported by the proliferation of automobiles. Moreover, technological advancements have played a pivotal role in propelling the expansion of the micro display in the 3D display market.

The screen-based display segment is expected to record the fastest CAGR from 2024 to 2030. The expanding usage of 3D technology in the entertainment business has been one significant catalyst. Due to customer demand for more immersive virtual reality, gaming, and cinema experiences, screen-based 3D displays are in great demand. OLED and LCD large-screen TVs that can show 3D material are becoming more and more popular since they offer a home theater experience. Improvements in panel technology, refresh rates, and resolution have reduced motion blur and increased image quality, improving the viewing experience overall.

Application Insights

The TV segment held the largest market share of around 70% in 2023. A large chunk of the growth of the TV segment can be attributed to a shift in consumer preference from going to theatres to being entertained in the comfort of home on TVs or computers post COVID-19 pandemic. This change encouraged TV manufacturers to add 3D displays to their type portfolios. These TVs offer a better visualization impact, offering enhanced picture quality. Consumer Electronics Manufacturers (CEMs) are promoting 3D display TVs as high-end devices with premium features, driving the growth of the TV segment.

The HMD sub-segment is expected to expand at the fastest CAGR from 2024 to 2030. The growing use of HMDs and smart glasses across numerous applications in several industries accompanies the segment's growth. The visual experience HMD offers is used in multiple industries, including medical, gaming, and aeronautical. HMD catering to a wider part of the population is also among the major factors attributed to its growth.

The smartphone segment is also expected to have significant growth exceeding a CAGR of 20% from 2024 to 2030. The change can be attributed to high competition among smartphone vendors to offer better features to gain the smartphone market's upper hand. Moreover, the mobile gaming industry has been coming up with games that require enhanced visual graphics, which has also facilitated the growth of the smartphone segment from 2024 to 2030.

Regional Insights

The North in the 3D display market held the largest revenue share of over 27% in 2023 and is expected to grow at a CAGR of 16% from 2024 to 2030. This growth can be attributed to factors such as increasing penetration of consumer electronics types such as smartphones, tablets, and laptops in the region. Moreover, the presence of the major players in the consumer electronics segment, such as Apple, Dell Technologies, and HP, among others, has also played a role in the regional market growth.

U.S. 3D Display Market Trends

The 3D display market in the U.S. is expected to grow significantly at a CAGR of over 18% from 2024 to 2030. The U.S. market is indicated by the rising use of 3D displays in consumer products including video games, television, and 3D movies. The market is expanding due to the rising demand for 3D displays in commercial sectors such as defense, automotive, and medical imaging.

Asia Pacific 3D Display Market Trends

The 3D display market in Asia Pacific is growing at a significant CAGR of around 23% from 2024 to 2030. Technological advancements, increasing infiltration of smartphones, and a high acceptance rate of digital services are crucial aspects influencing the development of the regional market. Furthermore, the rolling demand for video games across the globe is accelerating the adoption of stereoscopic displays. Growing the use of 3D display technology in entertainment, defense, gaming, and engineering simulations will also strengthen the market from 2024 to 2030.

The China 3D display market is projected to grow at a CAGR of over 24% from 2024 to 2030. China has considerably increased its use of 3D displays in recent years due to technological advancement. Currently, 3D displays are employed in a variety of environments, including home theatres, public spaces, education, and entertainment.

The 3D display market in India is anticipated to grow at a CAGR of around 26% from 2024 to 2030. In India, 3D televisions are booming at a faster pace for utilizing virtual reality software, playing games, or watching movies; 3d screens offer a more immersive experience. Major brands such as Samsung, Sony, and LG are embracing 3D displays in India.

The Japan 3D display market is expected to grow at a significant CAGR of over 22% from 2024 to 2030. Japan has been at the forefront of the adoption of 3D display technology. In 2015, Japan was the first country to introduce Nintendo 3DS, the world's first portable 3D gaming system. Since then, the popularity of 3D displays has grown in multiple industries, including entertainment, education, and medicine.

Europe 3D Display Market Trends

The 3D display market in Europe is expected to grow at a CAGR of 15% from 2024 to 2030. Europe has an improved electronic infrastructure, contributing to the high adoption of 3D display-integrated devices. According to the Digital Quality of Life Index 2022 published by Surfshark, a Dutch VPN service company, European countries such as Germany and France rank third and fourth in digital quality of life respectively.

The 3D display market in the UK is anticipated to register a CAGR of 16% from 2024 to 2030. The UK has witnessed an ongoing increase in 3D display adoption in recent years. The surge in the adoption of 3D displays is mainly due to the development of 3D-capable televisions, as well as other gadgets such as smartphones and tablets that facilitate students’ interaction with 3D presentations and graphics.

The Germany 3D display market is expected to witness a significant CAGR of around 12% from 2024 to 2030. Germany has been making investments in the creation of 3D displays recently. Many German companies, including Robert Bosch GmbH, SAP, and the Fraunhofer Institute for Integrated Circuits, have invested millions of dollars towards the research and development of 3D displays.

The 3D display market in France is anticipated to expand at a CAGR from 2024 to 2030. It is anticipated that the market in France will maintain its continuous growth over the forecasted period propelled by a number of reasons such as rising demand for 3D content, an increase in the number of 3D-capable devices, and the implementation of 5G technology.

Middle East & Africa 3D Display Market Trends

The 3D display market in Middle East & Africa is projected to grow at a significant CAGR from 2024 to 2030. Advancements in display technologies, including glasses-free 3D displays and holographic displays, are enhancing the viewing experience and attracting more consumers. Moreover, the rising disposable income and changing consumer preferences towards immersive and interactive experiences are driving the demand for 3D displays in the Middle East market.

Key 3D Display Company Insights

Some of the key players operating in the 3D display market include SAMSUNG, LG DISPLAY CO., LTD., Sony Corporation, and Panasonic Corporation.

• SAMSUNG is a significant market player. TVs, monitors, and mobile devices are among the many 3D displays that the company manufactures. Samsung is renowned for producing 3D displays with exceptional quality and cutting-edge functionality. Samsung has devoted much of its attention to creating innovative 3D technologies, such as autostereoscopic 3D technology. Without the usage of special glasses, consumers can view 3D images thanks to this technology. Additionally, Samsung has been working on creating 3D displays that use less energy and are better for the environment.

• LG Display Co., Ltd. is a South Korean company that manufactures and supplies TFT-LCD and OLED panels. The company offers displays for cars, TVs, notebooks, monitors, and commercial use. LG Display provides a range of sizes and characteristics for its display panels. Its innovations include LED and OLED technologies. LG Display is another significant player in the vehicle display market. Numerous car displays employ the P-OLED, ATO (Advanced Thin OLED), and LTPS LCD technologies from the firm.

Light Field Lab, Inc. and Leia Inc. are some of the emerging market participants.

• Light Field Lab creates light field displays. Compared to conventional 3D displays, light field displays produce a more lifelike and immersive experience. The displays made by Light Field Lab are based on a technique known as WaveTracer, which produces a real-time, full-color 3D image that is viewable without the need for glasses by using a dense field of light rays. The displays from Light Field Lab have several possible uses, such as in training, teaching, and entertainment. Light Field Lab's displays, for instance, may be used to instruct surgeons on new techniques, produce more realistic educational simulations, or produce more immersive movie experiences.

• Leia Inc. specializes in developing 3D display technology. The company's technology is based on years of research and development at HP Labs. Leia's technology uses advanced optics and artificial intelligence to transform ordinary displays into immersive experiences. The company envisions a future where 3D is accessible to everyone, anywhere, and on any device. Leia's technology has been used to create a variety of types, including glasses-free 3D displays, 3D video chat, and 3D augmented reality. The company has partnered with a number of companies to bring its technology to market, including Acer, ZTE, and Continental.

Recent Developments

• In January 2024, SAMSUNG revealed its 2D/3D gaming monitor before CES 2024. The new 2D/3D gaming monitor enables consumers to enjoy 3D/VR content without the need for any wearable accessories. The 2D/3D convertible panel technology can adjust the mode depending on the content's characteristics.

• In October 2023, Leia Inc. announced its acquisition of Dimenco B.V., acquiring Royal Philips' portfolio of 3D display patents. Leia greatly improves its technological and intellectual property (IP) position in 3D display technology with this calculated investment. The purchased portfolio, which has over 500 patents, is regarded as one of the biggest and most significant portfolios in 3D display technology by industry experts. When combined with Leia's current portfolio of patents, it increases the total number of patents that Leia and its affiliates own to over 1,500, making it the most substantial 3D display and software portfolio in the market.

• In May 2023, A UHD mini-LED 3D huge screen that doesn't require any additional equipment, such as stereoscopic or flicker glasses, was unveiled by BOE Technology Group Co., Ltd. With a 100-inch display and an 8K UHD resolution, the revolutionary display creates 3D visuals on a huge screen without the need for glasses. Users can examine the 3D stereo-depth photos on a large-scale mobile device because they give a depth of 1.5 meters.

• In April 2023, Sony Corporation launched its Spatial Reality Display, the ELF-SR2, which is a 4K-resolution spatial display. The ELF-SR2’s 27-inch display comes as a successor to the previous generation’s 15.6-inch screen. The company aims to target the customer segment which includes high-end design studios, architectural firms, and medical facilities.

3D Display Market Report Scope

Global 3D Display Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global 3D display market report based on product, technology type, access method, application, end-use, and region:

• Product Outlook (Revenue, USD Billion, 2018 - 2030)

  • Volumetric Display

  • Stereoscopic Display

  • Holographic Display

• Technology Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • DLP

  • PDP

  • OLED

  • LED

• Access Method Outlook (Revenue, USD Billion, 2018 - 2030)

  • Micro Display

  • Screen-based Display

• Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • TV

  • Smartphones

  • Monitor

  • Mobile Computing Devices

  • Projectors

  • Head Mounted Display (HMD)

  • Others

• End-use Outlook (Revenue, USD Billion, 2018 - 2030)

  • Consumer Electronics

  • Automotive

  • Medical

  • Aerospace & Defense

  • Industrial

  • Others

• Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

  • Latin America

    • Brazil

  • Middle East & Africa

    • UAE

    • Saudi Arabia

    • South Africa