The volumetric display provides a three physical dimensions image. It produces 3D images by dispersion, emission or lighting to well-defined space. These displays prevent lodging and inconsistencies to provide high-resolution images and perform various general viewing tasks.
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The global volumetric display market was US$ 150 million in 2018 and is expected to reach US$ 800 million by the end of 2025.
The global volumetric display market will expand further in the coming years. The emerging developments in lasers, optics and electronics have resulted in the advancement of volumetric displays which allow multiple users without specialised gadgets to simultaneously see the image from different angles. These are used mainly in mathematical surface models, biological and chemical structures, and computational design for data visualisation.
The varifocal mirrors, head-tracked viewing stations and holographic stereogram are various methods of showing the 3D view. The 3D technology with a sphere viewing angle of 360 degrees drives the volumetric display market growth significantly. These are commonly used in consumer electronics manufacturing such as 3D displaying on phones, tablets, laptops, among others.
The real-time 3D fluid flow simulation, protection technologies drive volumetric display development and are expected to gain traction in the coming years. The evolution of LED and LCD technologies leads to the high growth of the market for volumetric displays.
Various sectors such as healthcare, automotive, media and entertainment, aerospace, military and defence are expected to present new opportunities for growth in the volumetric display market. The on-going developments in image equipment used for medical scanning offer data with higher 3D resolution and with increased signal to noise ratio.
For instance, volumetric displays are used for medical imaging applications such as X-rays, CT scan, and MRI scan. These displays can help physicians and surgeons to interact in real-time with the images, thereby would support volumetric displays market. Furthermore, the advent of volumetric displays in surgeries and telemedicine is expected to create ample opportunities in the global market for volumetric displays.
The 3D-volumetric display technology is the most important trend, which supports the demand for the volumetric display market. However, the complexity, the requirement of advanced software and high prices of volumetric display systems can hinder the market growth.