Report Scope & Overview:
The Light Field Market Size was valued at USD 75.8 billion in 2021, and is expected to reach USD 200.4 billion by 2028, and grow at a CAGR of 14.9% over the forecast period 2022-2028.
The intensity and intensity of light as it travels on each side over all points in space is defined by a function called light field. It captures the path taken by simple photons as it leaves the light source. This data is collected by inserting a pair of small lenses between the main lens and a 5D Preoptic camera sensor or light field camera in front of the light source. Based on light field technology, 3D animation can create a unique visual experience by mimicking the user's presence in the visual environment as well as providing real-time and interactive motion based on object movement.
This is incredibly helpful for biological imaging in the defense and healthcare sectors. The advantages include the ability to move within the content to a predetermined extent, high-resolution photographs, and 100% capture representation. The light field is the totality of all light beams in 3D space, propagating through all points and in all directions. The light rays that come into contact with the lens at a specific angle are all that are captured by a typical camera—a flat, two-dimensional image. The 2D image sensor captures the brightness and hue of each light ray that hits a specific pixel.
The brightness and colour values in the 2D image sensor may be recorded by a light field camera, in contrast, along with the direction and angle of each light ray that enters the sensor. This extra data reconstructs the origin of each light beam before it enters the camera, enabling the creation of a three-dimensional representation of the image that was collected.
Advancing the use of visual effects in games and movies.
Increasing need for medical imaging and prototyping.
privacy issues and rising software corruption.
An increase in interest in HD watching.
The creation of technology utilizing artificial intelligence.
Lack of knowledge and skilled labor.
IMPACT OF COVID-19
Unexpected changes are being brought about in the international businesses by the COVID 19 epidemic. The light field market is currently facing a few difficulties. The supply is delayed as a result of the limitations and lockdowns. Because of disruptions in the market's supply chain, growth is growing less quickly. China and Japan are among the nations impacted by the pandemic. These nations control the largest percentages of the world markets. However, it is anticipated that this pattern of slowing development will reverse in the years to come. A short-term market disadvantage is anticipated as a result of this drop. The media and entertainment sector are seeing an increase in demand. Low demand will be seen in the industrial, architectural, and healthcare sectors. The effects of COVID 19 are starting to fade from the market as a whole. The rate of demand growth will continue in the upcoming years.
Markets are divided into Imaging Solutions and Light Field Displays. Image reconstruction, 3D scanning, 3D modelling, 3D rendering, layout, and imaging solutions are additional divisions of imaging solutions. In the Light Field Market, there is a significant uptake of imaging systems. Almost all of the market share was taken up by imaging solutions.
The market is divided into the following categories: industrial, others, media and entertainment, healthcare and medical, architecture and engineering, and defence and security. The Light Field Market, with a greater emphasis on vehicle stereoscopy, is anticipated to dominate the media and entertainment category. Viewers can watch stereoscopic images on screens using auto stereoscopy without the need for 3D glasses. Motion parallax and broad viewing angles are used in this technique to give the appearance of 3D images. In modern AR and VR systems, auto stereoscopy is used.
Some of the major key players are as follows: Avegant Corp., Japan Display Inc., Lytro, Nvidia Corp., Leia, Panasonic Corporation, Ricoh Innovation, Samsung Display Co. Ltd., Sony Corp., Toshiba Corp.
Media & Entertainment
Compared to other areas, North America's light field market generates the most revenue. As a result, businesses in the region are heavily investing in 3D and light field imaging to enhance technology and drive market expansion. To improve vision and the consumer experience, this region has been open to implementing light field and 3D imaging in businesses. The adoption of light field-based 3D imaging has largely been favourable in North America. In this area, light field and 3D imaging technologies and solutions have been widely used. Additionally, businesses in this region are heavily investing in light field and 3D imaging to enhance technology and spur industry expansion. Companies operating in North America are utilizing light field and 3D imaging technology to improve visualization and the augmented experience.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 75.8 Billion|
|Market Size by 2028||US$ 200.4 Billion|
|CAGR||CAGR of 14.9% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Technology (Hardware, Software)
• By Vertical (Media & Entertainment, Healthcare, Architecture, Industrial, Defense)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Avegant Corp., Japan Display Inc., Lytro, Nvidia Corp., Leia, Panasonic Corporation, Ricoh Innovation, Samsung Display Co. Ltd., Sony Corp., Toshiba Corp.|
|Key Drivers||• Advancing the use of visual effects in games and movies.
• Tailored advertising.
|RESTRAINTS||• privacy issues and rising software corruption.|
Frequently Asked Questions (FAQ) :
The Industrial Refrigeration Market size was valued at 75.8 billion in 2021 at a CAGR of 14.9%.
The market value is expected to reach USD 200 billion by 2028.
The market has been segmented with respect to technology and vertical.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine ware
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Light Field Market Segmentation, By Technology
9. Light Field Market Segmentation, By Vertical
9.1 Media & Entertainment
10. Regional Analysis
10.2 North America
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4.2 South Korea
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.3 South Africa
10.6 Latin America
10.6.3 Rest of Latin America
11.1 Avegant Corp.
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 Japan Display Inc.
11.3 Lytro, Nvidia Corp.
11.4 Leia, Panasonic Corporation
11.5 Ricoh Innovation
11.6 Samsung Display Co. Ltd.
11.7 Sony Corp.
11.8 Toshiba Corp.
12.1 Competitive Benchmark
12.2 Market Share analysis
12.3 Recent Developments
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