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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 (2018-2028); 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 2023-2028 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: Market 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 market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
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, 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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Light Field Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Light Field Historical Market (2018-2022) 
    8.3    Global Light Field Market Forecast (2023-2028)
    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 (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
            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 (2018-2022)
                    8.4.1.4.1.3    Forecast Trend (2023-2028)
                8.4.1.4.2    3D Scanning
                    8.4.1.4.2.1    Market Share
                    8.4.1.4.2.2    Historical Trend (2018-2022)
                    8.4.1.4.2.3    Forecast Trend (2023-2028)
                8.4.1.4.3    3D Rendering
                    8.4.1.4.3.1    Market Share
                    8.4.1.4.3.2    Historical Trend (2018-2022)
                    8.4.1.4.3.3    Forecast Trend (2023-2028)
                8.4.1.4.4    Layout and Animation
                    8.4.1.4.4.1    Market Share
                    8.4.1.4.4.2    Historical Trend (2018-2022)
                    8.4.1.4.4.3    Forecast Trend (2023-2028)
                8.4.1.4.5    Image Reconstruction 
                    8.4.1.4.5.1    Market Share
                    8.4.1.4.5.2    Historical Trend (2018-2022)
                    8.4.1.4.5.3    Forecast Trend (2023-2028)
        8.4.2    Display
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    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 (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    IT and Telecommunication
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Defence and Security
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Media and Entertainment
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Architecture and Engineering
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022)
            8.5.5.3    Forecast Trend (2023-2028)
        8.5.6    Industrial
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2018-2022)
            8.5.6.3    Forecast Trend (2023-2028)
        8.5.7    Others 
    8.6    Global Light Field Market by Region
        8.6.1    North America
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022)
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022)
            8.6.5.3    Forecast Trend (2023-2028)
9    North America Light Field Market Analysis
    9.1    United States of America
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022)
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022)
        9.2.3    Forecast Trend (2023-2028)
10    Europe Light Field Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022)
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022)
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022)
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022)
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Light Field Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022)
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022)
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022)
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022)
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022)
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Light Field Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022)
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022)
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022)
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Light Field Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022)
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022)
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022)
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022)
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Avegant Corp.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Japan Display Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Apple Inc.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Raytrix GmbH
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    OTOY Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Sony Corporation
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Light Field Market: Key Industry Highlights, 2018 and 2028
2.    Global Light Field Historical Market: Breakup by Technology (USD Billion), 2018-2022
3.    Global Light Field Market Forecast: Breakup by Technology (USD Billion), 2023-2028
4.    Global Light Field Historical Market: Breakup by End Use (USD Billion), 2018-2022
5.    Global Light Field Market Forecast: Breakup by End Use (USD Billion), 2023-2028
6.    Global Light Field Historical Market: Breakup by Region (USD Billion), 2018-2022
7.    Global Light Field Market Forecast: Breakup by Region (USD Billion), 2023-2028
8.    North America Light Field Historical Market: Breakup by Country (USD Billion), 2018-2022
9.    North America Light Field Market Forecast: Breakup by Country (USD Billion), 2023-2028
10.    Europe Light Field Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    Europe Light Field Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Asia Pacific Light Field Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Asia Pacific Light Field Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Latin America Light Field Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Latin America Light Field Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Middle East and Africa Light Field Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Middle East and Africa Light Field Market Forecast: Breakup by Country (USD Billion), 2023-2028
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 2023-2028 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 2023-2028, 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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