Volumetric Display Market, By Display Type (Static Volumetric Displays, Swept-Volume Displays, Multi-Planar Volumetric Displays), By Technology (Digital Light Processing Technology, Liquid Crystal on Silicon Technology), By End-User Industry & Forecast, 2024 – 2032

Volumetric Display Market Size

Volumetric Display Market was valued at over USD 400 million in 2023 and is estimated to register a CAGR of over 30% between 2024 and 2032. Technological advancements in holographic and light-field display are propelling the expansion. These developments improve user experiences in a variety of applications by enabling the creation of 3D visuals that are more immersive and lifelike.
 

Upgraded holographic and light-field displays offer higher resolution, broader viewing angles, and improved depth perception, increasing their popularity in sectors including engineering, healthcare, and entertainment. These technologies are stimulating innovation, opening new markets, and drawing capital to volumetric display systems as they develop. For instance, in May 2023, Looking Glass, a hologram company, launched its latest product, Looking Glass Liteforms. With Looking Glass Liteforms, users can engage in lifelike conversations with interactive holographic characters, opening new possibilities for communication and entertainment. This breakthrough technology merges advanced display capabilities with powerful language models, enhancing the realism and interactivity of holographic experiences.
 

The increasing demand for immersive entertainment experiences and more engaging & realistic content is a significant factor boosting the volumetric display market. Volumetric displays offer a unique ability to create three-dimensional images that appear to occupy physical space, enhancing the immersion and realism of entertainment experiences. This demand is further fueled by advancements in display technology, which enable more lifelike visuals and interactive storytelling, fueling adoption across gaming, theme parks, live events, and other entertainment sectors.
 

The volumetric display industry is impeded by substantial obstacles related to energy consumption and heat dissipation. As volumetric display systems contain intricate processing and projection technologies, they frequently have high power consumption requirements. Furthermore, producing volumetric images can generate a significant amount of heat, necessitating effective cooling solutions to preserve reliability and peak performance. It is vital to tackle these obstacles to ensure that volumetric displays continue to be feasible, economical, and long-lasting for extensive implementation in diverse sectors.
 

Volumetric Display Market Trends

The incorporation of volumetric displays into AR/VR applications fuels the demand for immersive experiences by providing realistic 3D graphics. Volumetric displays generate realistic holographic pictures that improve the sense of presence and depth perception in virtual worlds. Consumer desire for more engaging and interactive content in gaming, simulation, training, and entertainment is resulting in increased use of AR/VR technology across a variety of industries.
 

Volumetric displays present a distinctive method for advertising and shops to draw in customers with captivating three-dimensional images. In congested retail settings, these displays provide immersive experiences that attract viewers and set brands apart. Volumetric displays enable users to interact with products and advertisements through the incorporation of interactive aspects such as gesture control and touch interfaces. This promotes deeper engagement among consumers and has the potential to increase conversion rates and brand memory.
 

Volumetric Display Market Analysis

Based on technology, the market is divided into digital light processing (DLP) technology, liquid crystal on silicon (LCOS) technology. The digital light processing (DLP) technology segment is expected to reach over USD 2 billion by 2032.
 

• DLP technology offers high resolution, which is crucial for volumetric displays to render detailed three-dimensional images. This high resolution ensures that the displayed content is sharp and accurate, enhancing the overall viewing experience.
   

DLP technology is highly scalable, making it suitable for a wide range of display sizes and applications. Whether it's a small tabletop volumetric display or a large-scale immersive installation, DLP technology can be adapted to meet various requirements.
 

Based on display type, the market is segmented into static volumetric displays, swept-volume displays, multi-planar volumetric displays. The swept-volume displays segment is expected to register a CAGR of over 30% during the forecast period.
 

• Ongoing advancements in swept-volume display technology have led to higher resolution, better image quality, and increased reliability, making them more appealing to a wider range of applications.
   
• Swept-volume displays provide seamless and immersive experiences, particularly in gaming, entertainment, and virtual reality, propelling their demand. Their ability to create lifelike 3D images enhances user engagement, increasing their application for enhanced immersion. As a result, industries, such as gaming and entertainment, favor swept-volume displays, contributing to their rapid growth in the market.

North America dominated the global volumetric display market in 2023 with over 35% of the total revenue share. The region has robust technological infrastructure, fostering innovations and adoption. Major tech hubs including Silicon Valley focus on R&D while strong investment ecosystems fuel startup growth. Additionally, North America has a diverse range of industries including entertainment, healthcare, and advertising, which benefit from volumetric displays. High consumer demand for immersive experiences and early adoption of AR/VR technologies further propel market growth in the region.
 

Volumetric Display Market Share

Looking Glass Factory and Leia Inc. held a significant share of over 15% in the market in 2023. Looking Glass Factory specializes in holographic display technology, offering a range of volumetric display solutions for both commercial and consumer applications. Its displays create lifelike 3D holographic images that can be viewed from multiple angles without the need for special glasses or headsets. Looking Glass Factory's products cater to various industries including entertainment, design, healthcare, and education, providing immersive and interactive experiences for users.
 

Leia Inc. specializes in light-field holographic display technology for the volumetric display industry. Its displays provide glasses-free 3D viewing experiences, catering to various industries including automotive, entertainment, and healthcare. Leia's solutions offer immersive visualization of digital content with depth and realism, enhancing user engagement and interaction. This technology is utilized in applications, such as automotive HUDs, consumer electronics, and advertising, leading to innovative volumetric display experiences.
 

Volumetric Display Market Companies

Major players operating in the industry are:

• Holografika KFT
• Holoxica Limited
• Leia Inc.
• Lightspace Technologies
• Looking Glass Factory
• Voxon Photonics
• Zebra Imaging
   

Volumetric Display Industry News

• In January 2023, Accenture made a strategic investment, through Accenture Ventures, in Forma Vision, a provider of live-streamed, volumetric video technology that enables 3D holographic images of people, objects and environments to be beamed into the metaverse from any office, home or other location.
   
• In December 2022, LightSpace Technologies, Ltd. and EUROLCDS, Ltd. announced the completion of the fourth quarter of their joint project to develop a multi-plane volumetric display screen. This collaborative effort aimed to enhance the optical performance of the display technology through the innovative utilization of polymer interlayer lamination.
   

The volumetric display market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD MBillion) from 2018 to 2032, for the following segments:

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Market, By Display Type

• Static volumetric displays
• Swept-volume displays
• Multi-planar volumetric displays

Market, By Technology

• Digital light processing (DLP) technology
• Liquid crystal on silicon (LCOS) technology

Market, By End-user Industry

• Consumer Electronics
• Healthcare
• Media and Entertainment
• Aerospace and Defense
• Automotive
• Oil and Gas
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA