Volumetric Display Global Market Report 2024

The volumetric display market size has grown exponentially in recent years. It will grow from $0.58 billion in 2023 to $0.75 billion in 2024 at a compound annual growth rate (CAGR) of 29.2%. The growth observed in the historical period can be attributed to several factors, including the increasing demand for 3D visualization, the adoption of volumetric displays in medical imaging applications, the widespread use in the entertainment and gaming industry, applications in scientific visualization, and integration with virtual reality (VR) and augmented reality (AR) technologies. These factors collectively contributed to the expansion and adoption of volumetric displays during the historical period, driven by the need for immersive and realistic visual experiences across various industries.

The volumetric display market size is expected to see exponential growth in the next few years. It will grow to $1.91 billion in 2028 at a compound annual growth rate (CAGR) of 26.5%. The anticipated growth in the forecast period can be attributed to the increasing demand for holographic displays, the application of volumetric displays in medical training and education, utilization in automotive design and simulation, the expansion of mixed reality applications, and the growth in architectural visualization. Key trends expected in the forecast period include technological advancements in light field displays, integration with augmented reality (AR) and virtual reality (VR), applications in medical imaging and surgical planning, adoption in automotive heads-up displays (HUDs), and the use in collaborative design and visualization. These trends suggest a dynamic landscape where volumetric displays continue to evolve to meet the demands of various industries and applications.

The anticipated growth in the automotive industry is poised to drive the expansion of the volumetric display market. The automotive industry encompasses various companies engaged in the entire spectrum of motor vehicle-related activities, including design, development, manufacturing, marketing, selling, repairing, and modification. Volumetric displays play a crucial role in the automotive sector, offering enhanced holographic visuals for heads-up displays. This technology contributes to improved driver information and augmented reality navigation, enhancing the overall driving experience with immersive and safer features. In January 2024, the Board of Governors of the Federal Reserve System reported an increase in total vehicle production in the United States, reaching 10.8 million units in December 2023, up from 10.47 million units in November 2023. The expanding automotive industry stands as a significant driver for the growth of the volumetric display market.

Leading companies in the volumetric display market are actively pursuing strategic partnerships to gain a competitive edge. Strategic partnerships involve collaborative agreements between companies focused on the development, manufacturing, or integration of volumetric display technologies. For example, in July 2021, Canon Inc., a Japan-based photography company, entered into a partnership with International Business Machines Corporation (IBM) to create high-quality digital video content for the entertainment and arts industries in Japan. This collaboration aims to make high-quality digital video content creation more accessible, particularly in the visual and performing arts community, by proposing a volumetric video solution. The solution utilizes Canon's volumetric video technology, allowing nearly simultaneous video capture and generation of high-resolution video, combined with IBM's expertise in the arts to provide consultation services.

In January 2021, Desktop Metal, a US-based metal additive manufacturing company, successfully acquired EnvisionTEC for $300 million. This strategic acquisition positions Desktop Metal to offer customers a comprehensive platform across polymers and metals, focusing on Additive Manufacturing 2 solutions for volume production of end-use parts. EnvisionTEC, a US-based provider of professional-grade 3D printing solutions, including volumetric pixels, contributes to Desktop Metal's capabilities in providing advanced 3D printing solutions.

Major companies operating in the volumetric display market report are Sony, Lumi Industries, Fujipream, Burton Inc., Actuality Systems, Leia Inc., Lightspace Technologies LTD., SeeReal Technologies S.A., Seekway Technology Ltd., Alioscopy, Holografika Kft., REALFICTION, Holoxica Limited, Coretec Group Inc., Voxon Photonics Pty Ltd., FoVI 3D, 3DIcon Corporation, Looking Glass Factory Inc., VividQ Ltd., Zebra Imaging, Volucap GmbH, Artosci, Soscho GmbH.

North America was the largest region in the volumetric display market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the volumetric display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the volumetric display market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The volumetric display market consists of revenues earned by entities by providing volumetric display services such as manufacturing and hardware development, software development, content creation and design, integration and installation, maintenance and support, and consulting and training. The market value includes the value of related goods sold by the service provider or included within the service offering. The volumetric display market also includes sales of holographic displays and acoustic volumetric displays. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Volumetric display is a display technology that generates visual representations of objects in three dimensions, enabling viewers to see images from all angles without the necessity of special glasses or goggles. This technology creates three-dimensional visuals by dispersing or redirecting illumination from specified areas within the (x, y, z) coordinates, providing a more immersive and realistic viewing experience.

Volumetric displays encompass various types, including swept volume displays, static volume displays, multi-planar volumetric displays, and others. Swept volume display is a specific type within volumetric displays that generates three-dimensional images by rapidly moving a physical surface or screen through space. Technologies such as Digital Light Processing (DLP) and Liquid Crystal on Silicon (LCoS) are commonly employed in this type of display. Volumetric displays find applications across diverse end-user sectors, including medical, aerospace and defense, entertainment, automotive, education and training, as well as media, communication, and entertainment.

The volumetric display market research report is one of a series of new reports that provides volumetric display market statistics, including volumetric display industry global market size, regional shares, competitors with a volumetric display market share, detailed volumetric display market segments, market trends and opportunities, and any further data you may need to thrive in the volumetric display industry. This volumetric display market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.