Light Field Market - Forecast(2021 - 2026)
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• Light Field market size was valued at $1.0 billion in 2020, and it is estimated to grow at a CAGR of 8.9% during 2021-2026. • The growth is mainly attributed to the increasing demand for light field technology in visual effects technology in media and entertainment, just-in-time marketing, rising need of prototyping, and emerging 4D and 5D technologies is set to drive the market. • Furthermore, growing awareness towards technology advancement manufacturers and consumers regarding 3D imaging technology is set to drive the light field market. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Key Takeaways • North America dominated the Light Field market in term of revenue in 2019 owing to the presence of major number of players and adoption of advanced technologies. • Adoption of advanced technologies such as IoT, automation technologies in industries and stringent regulations to use advanced equipment is poised to propel the market growth. • Factors such as growing adoption of high computational capability, 3D Scanning and 3D mapping, artificial intelligence, and machine learning technologies, are expected to positively impact the market growth of the light field over the forecast period. • Lack of infrastructure is the major challenge that hampers the market growth. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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By Distribution Channel- Segment Analysis Light field display held the major share of 69.4% in 2020. Light field display technology can assess and correct the user’s vision. Adoption of light field displays in media and entertainment and automotive sector is set to drive the market. In 2019, Continental and Leia’s new 3D light field display had launched for automotive applications. This solution is used for 3D Mapping and 3D Scanning applications of vehicles and components. These kind of product developments drive the light field market.
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Light Field Market Industry Outlook • • • • • • • • • •
Lytro Avegant FoVI Japan Display Inc OTOY Light Field Lab Holografika Raytrix Leia Toshiba
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Light Field Market - Forecast(2021 - 2026) Learn More About the Report
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