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Light Field Market Size
- Report ID: GMI2664
- Published Date: Dec 2018
- Report Format: PDF
Light Field Market Size
Light Field Market size valued at USD 650 million in 2017 and will grow at a CAGR of over 15% from 2018 to 2024.
The light field market is expected to grow substantially over the coming years with the rise in adoption of the technology in medical imaging solutions. The imaging technique captures the 3D information of the scene with the use of a single camera and exposure. These advanced techniques can be employed to study & detect the medically problematic areas at micro levels when there are increasing complexities in the detection of several internal health issues. The applications of medical imaging can be witnessed for diagnostic & therapeutic purposes. These technologies have witnessed a very high adoption in medical sectors and hospitals due to the ease offered in the detection of diseases through the body or part scan. The imaging is a more advanced technology that projects the captured image into space, allowing surgeons or doctors to analyze the organ in a 3D view. The growing adoption of the technology in neurosurgery will provide an impetus to the light field market share.
| Report Attribute | Details |
|---|---|
| Base Year: | 2017 |
| Light Field Market Size in 2017: | 650 Million (USD) |
| Forecast Period: | 2018 to 2024 |
| Forecast Period 2018 to 2024 CAGR: | 15% |
| 2024 Value Projection: | 1.5 Billion (USD) |
| Historical Data for: | 2013 to 2017 |
| No. of Pages: | 155 |
| Tables, Charts & Figures: | 183 |
| Segments covered: | Technology, Application and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The light field market consists of several players that are engaged in incorporating the technology into a diversified range of products. The adoption of the light field cameras in the market is growing rapidly owing to the increased application areas of these products in hospitality, military & defense, and the entertainment industry. With emerging 4D and 5D technologies in the industrial sectors, several business processes are being performed in a more accurate & efficient manner through a clear view and inspection of the operability and functioning of its parts. Other products that are witnessing a high adoption of this technology include displays. Manufacturers are focusing on incorporating light field displays into consumer electronic products such as mobiles, TVs, projectors, wearables, etc. The incorporation of the technology in such devices will allow users to interact with the content through a 3D space, thereby enhancing the user experience. Such factors are anticipated to positively impact the market growth.
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Light Field Market Scope
