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The LAMEA 3D display market is expected to grow at a CAGR of 37.6% during the forecast period (2016 - 2022). Most commonly used technologies are DLP RPTV, PDP, OLED and LED. Among all the types, the LED?s are quite popular, as they offer superior picture quality. Due to the popularity of the LED?s, it is expected that the segment would generate a revenue of $4,722.1 million by 2022 growing at CAGR of 34.1%. Technologically advanced products such as 3D display TV, monitor, notebook PC, smartphones or tablets have added to the market expansion. Changing lifestyle of people in developing and developed regions, and the growing demand for 3D displays in various fields have significantly contributed to the market growth.
Some of the major factors that would hinder the market growth are, firstly the cost associated with these displays and limited levels of awareness about the products. With technological growth, and innovations in the technology, the market would witness significant momentum. Growing number of applications in the consumer electronics market would contribute to the 3D display adoption significantly. The report aims at providing stakeholders with an in-depth analysis of the LAMEA 3D Display market. Current and future market trends would determine the overall attractiveness of the market providing a platform for the companies to exploit the market potency and garner sizable market share.
The study provides an in-depth analysis of major driving and restraining factors in the industry and highlight insights on the growth opportunities prevailing in the industry. Market estimation of the current market and estimations through 2016-2022 would provide the complete financial potency of the market.