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Wednesday, November 8, 2023

Global Light Field Market is Anticipated to Grow at a CAGR of 10.3% during 2024 to 2030

The future of the global light field market looks promising with opportunities in the defense and security, architecture and engineering, media and entertainment, healthcare and medical, and industrial sectors. The global light field market is expected to reach an estimated $142.7 million by 2030 with a CAGR of 10.3% from 2024 to 2030. The major drivers for this market are growing demand for advanced prototyping and medical imaging solutions and rising demand for visual effect technology in entertainment sector.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the light field market by technology (imaging solution and light field display), end use industry (defense and security, architecture and engineering, media and entertainment, healthcare and medical, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, imaging solution and light field display are the major segments of light field market by technology. Lucintel forecasts that imaging solution will remain the larger segment over the forecast period.

Within this market, media and entertainment will remain the largest segment due to extensive use of light field in this sector to produce novel content, including interactive installations and holographic displays.

North America will remain the largest region over the forecast period due to rising adoption of light field-based 3D image among entertainment sector and existence of major content creators in the region.

Japan Display, Raytrix, Fathom Holografika, Toshiba, K-Lens, CREAL, AYE3D, Photonic Crystal, Looking Glass Factory, and Dimenco are the major suppliers in the light field market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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