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Research and Markets has announced the addition of the "Holographic Display Market by Technology, Product, Application, Geography - Global Forecast to 2013 - 2020" report to their offering.
The primary factor which is driving the market is medical imagining. Holoxica one of the well-known players for holographic displays, which is working on the medical holography used for diagnostics by doctors as well as for learning purposes by medical students. The consumer preference in the electronic industry is changing toward PCs, tablets, and smartphones. The consumers are spending higher percentage of their income on consumer electronic devices. Basically, the consumers in emerging countries own tablets for professional use. Also, the younger consumers tend to buy the most recently introduced and technologically advanced products in the holographic display market. Additionally, the market is tending toward large sized electronics gadgets. All these factors drive the holographic displays market.
One of the factors that are adversely affecting the growth of the market is the cost of assembling holographic display devices involved in the manufacturing and fabrication process of the new technologies. Also, the holographic display is still not completely commercialized and is in the developing phase at the current stage. The holographic display market is growing very steadily, globally; this increasing thrust presents vast opportunities for the players across the value chain.
The holographic display market is expected to grow at a CAGR of 30.23% from 2014 to 2020. The growth is mainly due to the increasing use of holographic displays in medical imaging, smartphones, and other smart devices. Geographically, the market is covered by North America, Europe, APAC, and the Rest of the World (RoW). Among all these regions, North America is estimated to be the leader in terms of the market share; and the APAC region is expected to exhibit a high growth rate as compared to the other regions. The reason for APAC's high growth is the presence of developing countries such as India and China in the region.
The leading companies in the holographic display market covered in this report are AV Concepts (U.S.), Eon Reality Inc. (U.S.), Konica Minolta Inc. (Japan), Qualcomm (U.S.), Zebra Imaging (U.S.), Holoxica (U.S.), Musion Das Hologram Ltd. (U.K.), Provision Holdings Inc. (U.S.), Realview Imaging Ltd. (Israel), and ViewSonic Corp. (U.S.), among others.
The market has been segmented as follows:
Market, by Technology - The holographic display market, by technology, is sub segmented into semi-transparent/electro holographic, touchable, laser/plasma, and pistons.
Market, by product type - The holographic display market, by product type, includes digital signage, kiosks, medical scanners, notebooks, and others.
Market, by application - The application market is segmented into consumer applications, commercial applications, defence, medical applications, and industrial applications.
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