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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Light Field Market Outlook

The global light field market is expected to grow at a CAGR of 14% in the forecast period of 2024-2032 to reach USD 5.05 billion by 2032.

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 rendering, layout and animation, 3D scanning 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.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
  • Industrial
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global light field market is projected to grow at a CAGR of 14% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 5.05 billion by 2032.

The rising disposable incomes, the increasing demand for light fields in the marketing and movies sectors, the rising demand for consumer electronic products, and the extensive applications of light fields in end-use sectors are the major market drivers.

The emerging trend of 4D and 5D technologies in the industrial sectors, the growing adoption of high computational capability, and the growing awareness regarding visual effects technology are the key trends augmenting the market growth.

The major regions in the market 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 uses of light field include healthcare and medical, IT and telecommunication, defence and security, media and entertainment, architecture and engineering, and industrial, among others.

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

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124