01 November 2019
3D Display Market Report 2020-2030: Forecasts by Technology (Digital Light Processing, Plasma Display Panel, Light Emitting Diode), By Type (Volumetric Display, Head Mounted Display, Stereoscopic Display), By Application (Consumer Electronics, Automotive, Medical, Retail, Others), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) and profiling of leading international and domestic companies.
Extensive development in the media and gaming sectors has a strong impact on the market for 3D displays. There has been a large increase in the number of movie monitors. Around 135,000 cinema screens operate on a digital platform worldwide. This would boost the demand for 3D projection. Due to the increasing number of films released in 3D, these displays are becoming popular. Additionally, due to changes in consumer preferences, the number of 3D movie audiences is rising annually. Such trends show the rise of the market for 3D displays. The arrival of new home consoles would fuel the growth of the demand for 3D displays.
Depth perception is the physical ability to recognize the environment from a range of depth signals in three dimensions. The 3D screen creates focal depth using multiple layers of lenses. For 3D images and videos, it increases the illusion of depth perception because 3D media enables a viewer to experience an ideal 3D environment rather than flat 3D images. The degree of 3D felt in movies, videos, and games is now significantly affected by the quality of 3D Depth. Avatar, released in 2009, continued to break all current worldwide sales records. It means the public is now open to 3D movies. Therefore, in industries such as film and gaming, the sense of depth perception will boost the 3D monitor market.
A majority of players on the industry offer 3D projection in devices such as TV, computer or mobile. Customers are also prone to price differences in 3D projection and traditional alternatives to 2D display. Due to high costs for auto stereoscopic devices, these screens are costly than their 2D counterparts. Therefore, only those businesses and consumers that need highly sophisticated end deliverables choose the 3D screen. Just consumers and businesses with specially approved budgets could afford the professional 3D screen for such expensive products.
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