Holographic Display Market is Estimated to Account for a Higher Value By 2023; With Industry Size USD 18 billion; Asserts MRFR

Holographic Display Market - Overview:

A holographic display uses coherent light that is generated by the laser to create a three-dimensional (3D) image in space. While recording a hologram, a split laser simultaneously illuminates the subject and the recording photographic plate as a reference beam. A hologram is the recording of a holographic image on a medium and an apparently freestanding 3D image created by a holographic display is called a holographic image

In marketing, multiple aspects of product marketing and purchasing can be put together in bidirectional holograms that both draw people's attention and sell a product, in real time. For example, when compared to traditional kiosks and vending machines, holographic ally projected interactive stalls and vending machines could project images many times, where the maximum number of consumers can be reached easily. Moreover, because of their size, they occupy much less space than normal electronic machines.

Technologies in the market for holographic displays include semi-transparent or electro-holographic displays, laser displays, touchable displays, and piston-based displays. Touchable holographic display facilitates in actually feeling & interacting with holograms. In December 2014, the department of computer science at Bristol University created a touchable holographic display to see and feel 3-D shapes made up of air by focusing air disturbances & ultrasound. This technology is being helpful in analyzing CT scans and feel tumors using haptic feedback, furthering the application scope of holographic display in medical imaging.

The Global Holographic Display Market is expected to reach USD 18 billion during forecast period of 2018 to 2023

Key Players

Some of the key players in the market are AV Concepts (U.S.), Eon Reality Inc. (U.S.), Konica Minolta Inc. (Japan), Qualcomm (U.S.), Zebra Imaging (U.S.), Holoxica (U.S.), Musion Das Hologram Ltd. (U.K.), Provision Holdings Inc. (U.S.), Realview Imaging Ltd. (Israel), and ViewSonic Corp. (U.S.), among others.

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Key Findings

Medical imaging applications are likely to experience a favorable growth during the forecast period owing to the increasing awareness regarding their benefits among the medical community leading to the adoption of holography products for clinical applications.

EchoPixel a revolution in 3D medical imaging, produced a software system that converts 2D images to stereoscopic 3D images. The system makes it possible for medical professionals in diagnostics, surgical planning, and interventional radiology to ‘cut’ virtual tissue, organs, and other body parts at various angles.

Segmentation

The global holographic display market is segmented on the basis of technology, product type, application, end-users, and region. On the basis of the technology, the segment is further classified into semitransparent, touchable, laser, and piston. On the basis of the product type, the segment is further classified into the camera, digital signage, kiosks, medical imaging equipment, smart TVs, and others. On the basis of the application, the segment is classified into 3D image projection, image storage, image replication, scanning &detecting of scattered light, real-time non-destructive testing. On the basis of the end-users, the segment is further classified into healthcare, media and entertainment, defense and aerospace, educational sector, automobile, manufacturing, and many more.

Regional Analysis

Global holographic display market is being led by North America owing to the presence of a myriad of players in the region. The holographic display market in the Asia Pacific is expected to exhibit a high growth owing to growing consumer electronics industry in the region. The reason for APAC’s high growth in the presence of developing countries such as India and China in the region.

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