A revised report published by an ESOMAR-certified market research and consulting firm, the glass-free HD 3D display market is anticipated to surge at a CAGR of around 15.5 per cent over the next ten years.
Technological advancements have resulted in autostereoscopy, a method of displaying stereoscopic 3D images without any glasses need to be worn by the viewer. Manufacturers are developing autostereoscopy 3D displays from prototypes to commercial products, besides methods to display 3D movies at home without the need for 3D glasses.
Although companies have already started providing automultiscopic displays, allowing glass-free HD 3D TVs, still the content being produced is very limited. Hence, manufacturers are also focusing on creating a method that can convert existing content into 3D content for automultiscopic display.
Manufacturers are currently working on two approaches – multiple views and eye-tracking; this will help wider viewing angles. However, cost is still the biggest concern for glass-free HD 3D displays.
Highlights from the study:
– The global glass-free HD 3D display market is anticipated to add 1.7X value by 2031.
– TVs capture a major chunk of the market by application, equivalent to more than half of the global market share, and are set to create an absolute $ opportunity of around US$ 780 Mn over 2021-2031.
– Under technology, the light barriers segment has been the fastest-growing, owing to escalated business globally over the past decade.
– North America is set to dominate market revenue in 2021, and is expected to gain 89 BPS by 2031.
– Due to the Covid-19 crisis, demand for glass-free HD 3D displays was hit in 2020, which saw a decline of 1.3 per cent over the 2nd and 3rd quarters.