Light Field Market Trends Growth Forecast Research by 2024: Global Market Insights, Inc. Asia Pacific is expected to witness a high growth in the light field market with the growing application of the devices and imaging solutions in several industries. Ongoing advancements in technologies in countries including China, India, and South Korea are encouraging the manufacturers to develop and adopt innovative technologies that would benefit the customers and satisfy their requirements. Manufacturers in the region are targeting several industries where the applications of the technology are growing in industrial, automotive, and aerospace sectors. Manufacturers are majorly investing in light 3D imaging for technological developments to increase the light field market growth. Light Field Market size is expected to grow substantially over the coming years with the rise in adoption of the technology in several devices such as smartphones and cameras. Growing demand for high quality and advanced features in the devices is increasing rapidly. Several advantages offered by these devices include clear images, 3D image from single lens, and advanced focusing options that enable the user to focus the picture after taking the photograph. For instance, NG’s Lytro is a digital camera that captures live images that can be refocused after the capture. This feature of the camera provides users the benefit of editing their photographs and thereby driving the light field market growth.
Moreover, the light field market is witnessing a growing demand from the entertainment industry for 3D experience in movies and cinematographic effects. Applications of this technology in the entertainment industry have revolutionized the cinematic experience for the audience thereby providing substantial opportunities for the directors and creators to sustain in the industry. For instance, Cinema that was introduced by Lytro for targeting the film industry is aimed at capturing the need and requirement of movie makers. It is a high performance, high- resolution video capturing, and editing system that uses the technology for generating 3D versions of 2D scenes. The advantages offered by this device include refocus, synthetic combinations, varying depth of field, shutter angle, and output frame rate, which drive the need and requirement of technology in the light field market. Growing use of Augmented Reality (AR) and Virtual Reality (VR) devices is expected to drive the light field market over the coming years. In these devices, the technology helps in creating accurate images and sound that imitate the real environment to create an imaginary scene. It mainly helps in imitating realistic and immersive replication of 3D 360-degree virtual environment that provides interactive and realtime simulation. The developers are focusing on designing the devices by integrating 1|Page