The North America Volumetric Display Market would witness market growth of 24.8% CAGR during the forecast period (2021-2027).
Volumetric displays provide three-dimensional visual representations of objects with a nearly 360-degree spherical viewing angle that changes as the observer walks around. There are three different ways in which volumetric displays function. Rotating emissive or reflective screens, such as lit spinning paddles, spinning LEDs, or translating projection surfaces, are often used in swept-volume displays. Up-conversion in nonlinear gases or solids, or projection onto a number of diffusing planes, could be used to create images in static-volume displays. Free-space displays, a third and relatively new category, operate in the air with no barrier between the user and the image; they can include free-particle, trapped-particle, and plasma emission displays. Thus, there are wide variety of technologies used in a volumetric display.
Due to its widespread acceptance in establishing awareness in education and battlefield surveillance applications, demand for this technology is increasing in the defense industry across industrialized countries such as the United States, the United Kingdom, and Japan. These countries' governments are heavily investing in sophisticated technology in order to improve their defense capabilities. For example, the United States government has proposed a defense budget of about USD 778.0 billion for 2020, which is an increment of around 4.4% from 2019. As a result, demand is expected to be boosted by significant increases in military budgets across important countries over the forecast period.
North America is the most profitable region due to technologically proficient countries such as the United States and Canada. The region is likely to see increased demand in the coming years as robotics and the Internet of Things (IoT) become more widely adopted. The volumetric display allows users to examine an object from any angle, which can help the military truly understand geography and prepare appropriate strategies. The government's increased spending on the aerospace and defense sector in the region is likely to fuel the volumetric display market's expansion throughout the forecast period. For example, military spending in the United States accounted for significant percentage of the country's overall GDP in 2017.
The US market dominated the North America Volumetric Display Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $205,738.6 Thousands by 2027. The Canada market is estimated to witness a CAGR of 27.6% during (2021 - 2027). Additionally, The Mexico market would exhibit a CAGR of 26.5% during (2021 - 2027).
Based on Type, the market is segmented into Static-volume Display and Swept-volume Display. Based on End-use, the market is segmented into Medical, Automotive, Education & Training, Media, Communication, & Entertainment, Aerospace & Defense, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Volumetric Display Market is Estimated to reach $775.2 Million by 2027, at a CAGR of 25.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Holografika, Looking Glass Factory, Inc., Alioscopy, Lightspace Technologies, The Coretec Group, Inc., Holoxica Limited, and Leia, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Static-volume Display
- Swept-volume Display
By End-use
- Medical
- Automotive
- Education & Training
- Media, Communication, & Entertainment
- Aerospace & Defense
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Holografika
- Looking Glass Factory, Inc.
- Alioscopy
- Lightspace Technologies
- The Coretec Group, Inc.
- Holoxica Limited
- Leia, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Volumetric Display Market, by Type
1.4.2 North America Volumetric Display Market, by End-use
1.4.3 North America Volumetric Display Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Volumetric Display Market by Type
3.1 North America Static-volume Display Market by Country
3.2 North America Swept-volume Display Market by Country
Chapter 4. North America Volumetric Display Market by End-use
4.1 North America Medical Market by Country
4.2 North America Automotive Market by Country
4.3 North America Education & Training Market by Country
4.4 North America Media, Communication, & Entertainment Market by Country
4.5 North America Aerospace & Defense Market by Country
4.6 North America Others Market by Country
Chapter 5. North America Volumetric Display Market by Country
5.1 US Volumetric Display Market
5.1.1 US Volumetric Display Market by Type
5.1.2 US Volumetric Display Market by End-use
5.2 Canada Volumetric Display Market
5.2.1 Canada Volumetric Display Market by Type
5.2.2 Canada Volumetric Display Market by End-use
5.3 Mexico Volumetric Display Market
5.3.1 Mexico Volumetric Display Market by Type
5.3.2 Mexico Volumetric Display Market by End-use
5.4 Rest of North America Volumetric Display Market
5.4.1 Rest of North America Volumetric Display Market by Type
5.4.2 Rest of North America Volumetric Display Market by End-use
Chapter 6. Company Profiles
6.1 Holografika
6.1.1 Company Overview
6.2 Looking Glass Factory, Inc.
6.2.1 Company Overview
6.3 Alioscopy
6.3.1 Company Overview
6.4 Lightspace Technologies
6.4.1 Company Overview
6.5 The Coretec Group, Inc.
6.5.1 Company Overview
6.5.1 Recent strategies and developments:
6.5.1.1 Partnerships, Collaborations, and Agreements:
6.6 Holoxica Limited
6.6.1 Company Overview
6.7 Leia, Inc.
6.7.1 Company Overview
TABLE 1 North America Volumetric Display Market, 2017 - 2020, USD Thousands
TABLE 2 North America Volumetric Display Market, 2021 - 2027, USD Thousands
TABLE 3 North America Volumetric Display Market by Type, 2017 - 2020, USD Thousands
TABLE 4 North America Volumetric Display Market by Type, 2021 - 2027, USD Thousands
TABLE 5 North America Static-volume Display Market by Country, 2017 - 2020, USD Thousands
TABLE 6 North America Static-volume Display Market by Country, 2021 - 2027, USD Thousands
TABLE 7 North America Swept-volume Display Market by Country, 2017 - 2020, USD Thousands
TABLE 8 North America Swept-volume Display Market by Country, 2021 - 2027, USD Thousands
TABLE 9 North America Volumetric Display Market by End-use, 2017 - 2020, USD Thousands
TABLE 10 North America Volumetric Display Market by End-use, 2021 - 2027, USD Thousands
TABLE 11 North America Medical Market by Country, 2017 - 2020, USD Thousands
TABLE 12 North America Medical Market by Country, 2021 - 2027, USD Thousands
TABLE 13 North America Automotive Market by Country, 2017 - 2020, USD Thousands
TABLE 14 North America Automotive Market by Country, 2021 - 2027, USD Thousands
TABLE 15 North America Education & Training Market by Country, 2017 - 2020, USD Thousands
TABLE 16 North America Education & Training Market by Country, 2021 - 2027, USD Thousands
TABLE 17 North America Media, Communication, & Entertainment Market by Country, 2017 - 2020, USD Thousands
TABLE 18 North America Media, Communication, & Entertainment Market by Country, 2021 - 2027, USD Thousands
TABLE 19 North America Aerospace & Defense Market by Country, 2017 - 2020, USD Thousands
TABLE 20 North America Aerospace & Defense Market by Country, 2021 - 2027, USD Thousands
TABLE 21 North America Others Market by Country, 2017 - 2020, USD Thousands
TABLE 22 North America Others Market by Country, 2021 - 2027, USD Thousands
TABLE 23 North America Volumetric Display Market by Country, 2017 - 2020, USD Thousands
TABLE 24 North America Volumetric Display Market by Country, 2021 - 2027, USD Thousands
TABLE 25 US Volumetric Display Market, 2017 - 2020, USD Thousands
TABLE 26 US Volumetric Display Market, 2021 - 2027, USD Thousands
TABLE 27 US Volumetric Display Market by Type, 2017 - 2020, USD Thousands
TABLE 28 US Volumetric Display Market by Type, 2021 - 2027, USD Thousands
TABLE 29 US Volumetric Display Market by End-use, 2017 - 2020, USD Thousands
TABLE 30 US Volumetric Display Market by End-use, 2021 - 2027, USD Thousands
TABLE 31 Canada Volumetric Display Market, 2017 - 2020, USD Thousands
TABLE 32 Canada Volumetric Display Market, 2021 - 2027, USD Thousands
TABLE 33 Canada Volumetric Display Market by Type, 2017 - 2020, USD Thousands
TABLE 34 Canada Volumetric Display Market by Type, 2021 - 2027, USD Thousands
TABLE 35 Canada Volumetric Display Market by End-use, 2017 - 2020, USD Thousands
TABLE 36 Canada Volumetric Display Market by End-use, 2021 - 2027, USD Thousands
TABLE 37 Mexico Volumetric Display Market, 2017 - 2020, USD Thousands
TABLE 38 Mexico Volumetric Display Market, 2021 - 2027, USD Thousands
TABLE 39 Mexico Volumetric Display Market by Type, 2017 - 2020, USD Thousands
TABLE 40 Mexico Volumetric Display Market by Type, 2021 - 2027, USD Thousands
TABLE 41 Mexico Volumetric Display Market by End-use, 2017 - 2020, USD Thousands
TABLE 42 Mexico Volumetric Display Market by End-use, 2021 - 2027, USD Thousands
TABLE 43 Rest of North America Volumetric Display Market, 2017 - 2020, USD Thousands
TABLE 44 Rest of North America Volumetric Display Market, 2021 - 2027, USD Thousands
TABLE 45 Rest of North America Volumetric Display Market by Type, 2017 - 2020, USD Thousands
TABLE 46 Rest of North America Volumetric Display Market by Type, 2021 - 2027, USD Thousands
TABLE 47 Rest of North America Volumetric Display Market by End-use, 2017 - 2020, USD Thousands
TABLE 48 Rest of North America Volumetric Display Market by End-use, 2021 - 2027, USD Thousands
TABLE 49 Key Information – Holografika
TABLE 50 Key Information – Looking Glass Factory, Inc.
TABLE 51 Key Information – Alioscopy
TABLE 52 Key Information – Lightspace Technologies
TABLE 53 Key Information – The Coretec Group, Inc.
TABLE 54 Key Information – Holoxica Limited
TABLE 55 Key Information – Leia, Inc.
List of Figures
FIG 1 Methodology for the research