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Global Light Field Market: By Technology: Imaging Solution, Display; By End Use: Healthcare and Medical, IT and Telecommunication, Defence and Security, Media and Entertainment, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Light Field Market Outlook

The global light field market is expected to grow at a CAGR of 14% in the forecast period of 2021-2026 to reach USD 2.3 billion by 2026.

 

Global Light Field Market

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The Emerging 4D and 5D Technologies in the Industrial Sectors to Aid the Market Growth of Light Field

The market growth of the light field is being driven by the various key players in the market dedicated to incorporate the light field technology in an extensive range of products. Further, the market is witnessing expansion over the forecast period as light field cameras are being adopted for various applications in industries like military and defense, hospitality, and the entertainment industry. In addition, the emerging 4D and 5D technologies in the industrial sectors are aiding many business processes to perform accurately and efficiently by providing a clear view and check on the operability and functioning of its parts. Other products, like displays, are also observing an increased adoption of this technology. Moreover, recently, manufacturers are incorporating light field displays into various consumer electronic products, like mobiles, TVs, projectors, wearables, etc., as a result, furthering the market growth of the light field industry over the forecast period.

 

Light Field: Industry Definition and Segmentation

The light field is a function that determines the amount of light flowing in every direction over each point in the universe. The scale of each ray is specified by the radiance, and pathway of each ray is specified by the 5D plenoptic. It is used to capture real-world scenes and objects and digitalizing them with accurate results.

 

Global Light Field Market By End Use

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On the basis of technology, the market is divided into:

  • Imaging Solution
  • Display

Imaging solution is further divided on the basis of type into 3D modeling, 3D scanning, 3D rendering, layout and animation, and image reconstruction.

Based on end use, the industry can be segmented into:

  • Healthcare and Medical
  • IT and Telecommunication
  • Defence and Security
  • Media and Entertainment
  • Architecture and Engineering
  • Industrial
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Light Field Market By Region

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Rising Demand of Light Field for Visual Effects Technology to Aid the Market Growth of Light Field

The market growth of the light field is being driven by the rising demand for this function for visual effects technology. Further, the market is boosted by the usage of the light field in marketing, movies, and evolving 5D & 4D technologies, increasing need of prototyping. Moreover, factors like the growing adoption of high computational capability, artificial intelligence, increasing need for ASICs, and machine learning technologies, are expected to positively impact the market growth of the light field over the forecast period. In addition, light field imaging is among the top most studied 3D imaging technologies due to its capability to build an original observing environment. The growing awareness regarding this technology is expected to boost the market growth of the light field.

 

Key Industry Players in the Global Light Field Market

The report gives a detailed analysis of the following key players in the global light field market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Avegant Corp.
  • Japan Display Inc.
  • Apple Inc.
  • Raytrix GmbH
  • OTOY Inc.
  • Sony Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, End Use, Region
Breakup by Technology Imaging Solution, Display
Breakup by End Use Healthcare and Medical, IT and Telecommunication, Defence and Security, Media and Entertainment, Architecture and Engineering, Industrial, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Avegant Corp., Japan Display Inc., Apple Inc., Raytrix GmbH, OTOY Inc., Sony Corporation, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Light Field Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Light Field Historical Market (2016-2020) 
    8.3    Global Light Field Market Forecast (2021-2026)
    8.4    Global Light Field Market by Technology
        8.4.1    Imaging Solution
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
            8.4.1.4    Breakup by Type
                8.4.1.4.1    3D Modeling
                    8.4.1.4.1.1    Market Share
                    8.4.1.4.1.2    Historical Trend (2016-2020)
                    8.4.1.4.1.3    Forecast Trend (2021-2026)
                8.4.1.4.2    3D Scanning
                    8.4.1.4.2.1    Market Share
                    8.4.1.4.2.2    Historical Trend (2016-2020)
                    8.4.1.4.2.3    Forecast Trend (2021-2026)
                8.4.1.4.3    3D Rendering
                    8.4.1.4.3.1    Market Share
                    8.4.1.4.3.2    Historical Trend (2016-2020)
                    8.4.1.4.3.3    Forecast Trend (2021-2026)
                8.4.1.4.4    Layout and Animation
                    8.4.1.4.4.1    Market Share
                    8.4.1.4.4.2    Historical Trend (2016-2020)
                    8.4.1.4.4.3    Forecast Trend (2021-2026)
                8.4.1.4.5    Image Reconstruction 
                    8.4.1.4.5.1    Market Share
                    8.4.1.4.5.2    Historical Trend (2016-2020)
                    8.4.1.4.5.3    Forecast Trend (2021-2026)
        8.4.2    Display
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Light Field Market by End Use
        8.5.1    Healthcare and Medical
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    IT and Telecommunication
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Defence and Security
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Media and Entertainment
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Architecture and Engineering
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2016-2020)
            8.5.5.3    Forecast Trend (2021-2026)
        8.5.6    Industrial
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2016-2020)
            8.5.6.3    Forecast Trend (2021-2026)
        8.5.7    Others
    8.6    Global Light Field Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Avegant Corp.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Japan Display Inc.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Apple Inc.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Raytrix GmbH
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    OTOY Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Sony Corporation
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Light Field Market: Key Industry Highlights, 2016 and 2026
2.    Global Light Field Historical Market: Breakup by Technology (USD Billion), 2016-2020
3.    Global Light Field Market Forecast: Breakup by Technology (USD Billion), 2021-2026
4.    Global Light Field Historical Market: Breakup by End Use (USD Billion), 2016-2020
5.    Global Light Field Market Forecast: Breakup by End Use (USD Billion), 2021-2026
6.    Global Light Field Historical Market: Breakup by Region (USD Billion), 2016-2020
7.    Global Light Field Market Forecast: Breakup by Region (USD Billion), 2021-2026
8.    North America Light Field Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    North America Light Field Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Europe Light Field Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Europe Light Field Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Asia Pacific Light Field Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Asia Pacific Light Field Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Latin America Light Field Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Latin America Light Field Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Middle East and Africa Light Field Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Middle East and Africa Light Field Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Global Light Field Market Structure

Key Questions Answered in the Report

The global light field market is projected to grow at a CAGR of 14% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach about USD 2.3 billion by 2026.

The major drivers of the industry such as rising disposable incomes, increasing demand from the marketing and movies sectors, rising demand for consumer electronic products, and extensive applications in end-use industries are expected to aid the market growth.

The key market trend guiding the growth of the industry includes the emerging trend of 4D and 5D technologies in the industrial sectors.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading technologies of light field in the market are imaging solution (3D modeling, 3D scanning, 3D rendering, layout and animation, and image reconstruction) and display.

The major end use sectors in the industry are healthcare and medical, IT and telecommunication, defence and security, media and entertainment, architecture and engineering, and industrial, among others.

The major players in the industry are Avegant Corp., Japan Display Inc., Apple Inc., Raytrix GmbH, OTOY Inc., and Sony Corporation, among others.

Analyst Review

The global light field market is being driven by the rising demand for consumer electronic products. Aided by the growing trend of 4D and 5D technologies in the industrial sectors, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 14%. The market is projected to reach USD 2.3 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on technology, the market is bifurcated into imaging solution (3D modeling, 3D scanning, 3D rendering, layout and animation, and image reconstruction) and display. By end use, the industry is divided into healthcare and medical, IT and telecommunication, defence and security, media and entertainment, architecture and engineering, and industrial, among others. The major regional markets for light field are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Avegant Corp., Japan Display Inc., Apple Inc., Raytrix GmbH, OTOY Inc., and Sony Corporation, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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