The new Light Field Market report offers a comprehensive study of the current scenario of the market including major market dynamics. Also, it highlights the in-depth marketing research with the newest trends, drivers, and segments with reference to regional and country. Further, this report profiles top key players and analyze their market share, strategic development, and other development across the world.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the light field market include Avegant (US), FOVI 3D (US), OTOY (US), Japan Display (Japan), Raytrix (Germany), Fathom Optics (US), NVIDIA (US), Light Field Lab (US), Holografika (Hungary), Leia (US), Quidient (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
Advancements in imaging technology and computational photography have led to the development of light field technology, which captures and processes immersive visual experiences. Specialized cameras and sensors capable of recording this data have expanded the possibilities for virtual reality (VR) and augmented reality (AR) applications. This technology provides accurate depth information, enabling realistic and interactive VR/AR experiences. Industries such as gaming, entertainment, education, and training are driving the demand for this technology. This technology allows for enhanced depth perception and post-capture manipulation of focus and depth of field, benefiting photography and industrial applications. Light field data can be used in computer vision and machine learning algorithms for tasks like depth estimation and object recognition. It facilitates the creation of 3D content by capturing directional information of light rays, making it valuable in fields like virtual production. The availability of light field-enabled devices, such as cameras and displays, is increasing, making the technology more accessible.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of light field. The growth and trends of light field industry provide a holistic approach to this study.
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Market Segmentation
This section of the light field market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Technology
- Hardware (Imaging Solutions, Light Field Displays)
- Software
By Vertical
- Media & Entertainment
- Healthcare
- Architecture
- Industrial
- Defense
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Light Field market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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The report "Light Field Market by Technology (Imaging Solution, Display), Vertical (Healthcare and Medical, Defense and Security, Media and Entertainment, Architecture and Engineering, Industrial), and Geography - Global Forecast to 2023", The light field market was valued at USD 924.7 Million in 2018 and is expected to reach USD 1,822.3 Million by 2023, at a CAGR of 14.5% between 2018 and 2023.
Rising demand of high-definition viewing experience and evolvement of virtual & artificial technologies offers enormous opportunities in the light field market Light field imaging is one of the most researched 3D imaging technologies because of its potential to create a natural viewing environment.
Light field technology is used to capture real-world objects and scenes and digitizing them with realistic results.
Virtual reality (VR) technology generates realistic images, sounds, and other perceptions that replicate a real environment or create an imaginary scenery.
Media and entertainment is expected to drive the light field market during the forecast period Light field is an emerging concept for representing rich 3D visual information, which is able to capture real-world phenomena with unparalleled image quality.
This region has been amenable toward adopting light field and 3D imaging within the companies for enhancing visualization and augmented customer experience.
The global light field market is expected to grow at a strong 15% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR).
The global light field market is mainly driven by the growing demand for light field technology from the films and media industry as well as in 3D rendering applications in various industries.
The growing demand for computer-generated and 3D animation in movies is likely to be a key driver for the global Light Field Market over the forecast period.
Light field technology can play a crucial role in designing animation and graphics in movies, which has given the market steady impetus over the last few years.
Light Field Market Research Report – By Technology (Imaging Solution), Verticals (Healthcare) - Forecast Till 2023Competitive Analysis:The global light field market is dominated by Ricoh Innovations Corp., Panasonic Corporation, Lumii, Apple Inc., Pelican Imaging Corp., Holografika, Raytrix GmbH, Toshiba Corporation, Nvidia Corporation, Samsung Electronics Co. Ltd., Sony Corporation, Leia, OTOY, Lytro Inc., Cannon Inc., Japan Display Inc., FoVI 3D Inc., Avegant Corporation, and Light Field Lab Inc.
In May 2019, Samsung announced that it is upping the production of AMOLED displays for the U.S. in 2019.In May 2019, MultiVu, a leading emerging player in the light field technology market, raised USD 7 million in a seed round.
