To use this feature, join Babbler easily !
Babbler allows PR people and reporters to collaborate a better way.
By joining Babbler you will be able to access hundreds of newsrooms and PR contacts from your industrie(s) and also share with them your upcoming needs.
Their newsrooms are already on Babbler
You're 1 click away from signing up
Nice to see you again !
Global Light Field Market To Be Driven At A CAGR Of 14% In The Forecast Period Of 2021-2026
minutes reading time
minute reading time
The new report by Expert Market Research titled, 'Global Light Field Market , Price, Size, Share, Report and Forecast 2021-2026', gives an in-depth analysis of the global light field market, assessing the market based on its segments like technology, end use, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter's Five Forces models.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/light-field-market/requestsample
The key highlights of the report include:
Market Overview (2021-2026)
- Historical Market Size (2020): USD 1 Trillion
- Forecast CAGR (2021-2026): 14%
- Forecast Market Size (2026): USD 2.3 Billion
The global light field market is being driven by the growing demand for this function for visual effects sector. Further, the usage of the light field in movies, marketing, and evolving 5D & 4D technologies are aiding the growth of the market. The market is expected to witness expansion as light field cameras are being adopted for various military and defense, hospitality, and the entertainment industry application.
Additionally, factors such as rising adoption of high computational capability, artificial intelligence, increasing need for ASICs, and machine learning technologies, are expected to push the market for light field forward. Moreover, owing to light field's ability to recreate an original observing environment, it is most preferred 3D imaging technology. The increasing awareness about light field technology is further expected to catalyze the market growth in the forecast period.
Industry Definition and Major Segments
The light field is used to calculate the light received at a given point in universe. The radiance and 5D plenoptic gives the magnitude and vector direction of single ray of light. It finds its application is precise digital visualization of real-world scenes and objects.
Based on technology, the market is divided into:
- Imaging Solution
- Based on type,
- 3D modeling
- 3D scanning
- 3D rendering
- Layout and animation
- Image reconstruction
- Based on type,
Based on end use, the industry can be segmented into:
- Healthcare and Medical
- IT and Telecommunications
- Defense and Security
- Media and Entertainment
- Architecture and Engineering
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
2.2 United Kingdom
3 Asia Pacific
4 Latin America
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.4 South Africa
Regionally, North America has the largest share in global light field market, this can be attributed to early adoption and extensive usage of light field in 3D imaging. Moreover, the presence of key players in the region and increasing investment in technological advancement of light 3D imaging are expected to increase the market growth. Meanwhile, Asia Pacific is expected to witness rapid growth due to the development in industrial sector and media sector.
Key Market Players
The major players in the market are Avegant Corp., Japan Display Inc., Apple Inc., Raytrix GmbH, OTOY Inc., Sony Corporation, and a few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customizes syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person: Steven Luke, Corporate Sales Specialist – USA
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Read More Reports:
*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.
Congratulations, you're registered on Babbler!
Discover now all the news waiting for you on Babbler: visit your newsfeed.!
Your topics have been selected, you can change it by clicking here