3D Display Market Is Expected to Reach $112.9 Billion, Global, by 2020 - Allied Market Research

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3D Display Market Is Expected to Reach $112.9 Billion, Global, by 2020 - Allied Market Research

PORTLAND, Oregon, February 26, 2015 /PRNewswire/ --

    According to a new report by Allied Market Research titled, "Global 3D Display Market
- Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 - 2020", the
global 3D Display market is expected to reach $112.9 billion by 2020, registering a CAGR
of 26.8% during 2014 - 2020. The 3D displays applications in TVs and smartphones would
drive the 3D display market significantly by year 2020, contributing more than 2/3rd of
overall market revenue collectively. About 50% of the TVs would be enabled with 3D display
technology by 2018. The efficient OLED technology displays would grow rapidly in future,
helping OEMs to develop compact and energy efficient electronic devices.

    (Logo:
http://photos.prnewswire.com/prnh/20140911/647229 )

    Among all types of 3D displays which includes volumetric, stereoscopic and HMD; the
stereoscopic and auto-stereoscopic displays should remain the most preferred type of 3D
display due to their applications in TVs, smartphones and monitors. The LED backlighted
LCD technology products are commonly used for 3D displays, which would experience further
increase in its adoption due to compact and energy efficient solution against CCFL
backlighting. The CCFL technology should be completely replaced by LED backlighting by
2015. The modern technology OLED would gain surge in terms of adoption, and experience
fastest growth over the forecast period.

    To view the report, visit the website at
http://www.alliedmarketresearch.com/3d-display-market

    The entertainment & media industry is getting evolved due to rise in 3D content. The
growing number of HD-3D games would drive the uptake of 3D monitors. Even among mobile
computing devices, the recent launches of 3D laptops, tablets and notebook PCs by
companies such as Dell, Samsung and Sony has elevated awareness among users. The 3D public
displays are used for signage and advertising. Realising the business potential, Sony
launched its first 3D display in order to broadcast FIFA 2010 matches in South Africa.

    Leading display manufacturers such as LG, Panasonic, Samsung and Sony have launched
their 3D TVs and smartphone products in the market. The surge in 3D entertainment content
would drive the adoption of 3D TVs, smartphones and monitors. By 2020, more than 50% of
the TVs are expected to be 3D compatible. As a result of which, the TV application would
continue to dominate the market.

    Key findings of the study:

       
        - Global market for 3D Display would grow due to increased adoption in
          applications such as smartphones, monitors, computers and HMDs during the forecast
          period (2014 - 2020)
        - Head mounted displays market would grow with fastest CAGR of 49.9% during
          2014-2020
        - Stereoscopic displays would continue driving the global 3D display market over
          analysis period with more than 50% of revenue contribution each year.
        - Adoption of OLED technology would increase rapidly in 3D display products,
          with a CAGR of 46.9% during 2014-2020
        - Asia-Pacific would prove to be one of the most lucrative markets, in terms of
          growth. It should reach $49.5 billion by the year 2020, at a CAGR of 31.8% during
          2014-2020

    The market growth is attributable to innovative launches of 3D display products along
with rising demand from entertainment & media industry. The shift towards usage of
smartphone for entertainment is influencing the respective manufacturers to offer 3D
displays as innovative offering. Furthermore, due to rising 3D content several OEMs such
as Samsung, Panasonic, LG, etc. are upgrading their smartphone and other products with 3D
imaging capability. In order to gain higher market share, companies are focusing on
innovative product launches. For example; Dell Inc. has launched 3D laptop Inspiron 17R SE
and Alienware 3D monitor in order to excel their product portfolio. Prominent companies
profiled in the report include Sony Electronics, Panasonic Corporation, 3DIcon, 3D Fusion,
Mitsubishi and LG Electronics.

    View reports related to consumer goods at
http://www.alliedmarketresearch.com/consumer-goods-market-report

    About Us:

    Allied Market Research (AMR) is a full-service market research and business-consulting
wing of Allied Analytics LLP based inPortland, Oregon. Allied Market Research provides
global enterprises as well as medium and small businesses with unmatched quality of
"Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view
to provide business insights and consulting to assist its clients to make strategic
business decisions and achieve sustainable growth in their respective market domain.

    We are in professional corporate relations with various companies and this helps us in
digging out market data that helps us generate accurate research data tables and confirms
utmost accuracy in our market forecasting. Each and every data presented in the reports
published by us is extracted through primary interviews with top officials from leading
companies of domain concerned. Our secondary data procurement methodology includes deep
online and offline research and discussion with knowledgeable professionals and analysts
in the industry.

       
        Contact:

        David Correa
        5933 NE Win Sivers Drive
        #205, Portland, OR 97220
        United States
        Direct: +1(503)505-6949
        Toll Free: +1(855)711-1555 (U.S. & Canada)
        Fax: +1(855)550-5975
        E-mail: sales@alliedmarketresearch.com

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    http://photos.prnewswire.com/prnh/20140911/647229

Photo:http://photos.prnewswire.com/prnh/20140911/647229
http://photoarchive.ap.org/
Allied Market Research

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