3D Display Market will Grow to USD 15.8 Billion and Take 9.2% Market Share in 2015

November 7, 2008

Source: Displaybank

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3D display market draws attention as one of the next-generation displays and is forecasted to create USD 15.8 billion market in 2015. Displaybank, a market research company specialized in Display & Photovoltaic industry (CEO: Peter Kwon, www.displaybank.com), published "3D Display Technology, Industry Trend, and Market Forecast" report. According to the report, the global 3D display will create USD 140 million market in 2008. The market will show 95% average annual growth rate to account for 9.2% of the total display market based on price and record USD 15.8 billion by 2015.

According to the report from Displaybank, 3D display is already utilized for medical or CAD use even in the present time when it only accounted for 0.1% (price based) market share in the total 2008 display market. It was recently applied in LCD TV as well and is currently put in the market. Samsung Electronics applied 3D technology in some of PDP TV products and recorded more than 100,000 units in sales.

Sarah Han, a researcher at Displaybank, said, "An importation of digital broadcast and a generalization of HD or full HD TV for more realistic 3D display are now being visualized. Moreover, technical issues such as visual fatigue which occurs when observing the display for a long period of time are gradually being resolved." Han also forecasted the market and said, "3D display market is likely to expand more rapidly if development of various 3D contents is added upon".

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