Light Field Market– Growth Opportunities and Challenges Over 2018-2024 - PowerPoint PPT Presentation

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Light Field Market– Growth Opportunities and Challenges Over 2018-2024


Request for TOC report @ Growing demand for the AR/VR based products in military & defense sector is projected to impel the light field market growth. The sector is witnessing a growing importance of these products for training the soldiers by providing simulation-based training during combat and other dangerous situations. Several training areas are implementing and using these devices during flight simulation, battlefield simulation, medic training, virtual boot camp, virtual reality war, virtual reality army exercises, and vehicle simulation. These training processes are carried out by using Head Mounted Displays (HMD) with inbuilt tracking system thereby driving the growth of light field market. – PowerPoint PPT presentation

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Title: Light Field Market– Growth Opportunities and Challenges Over 2018-2024

Light Field Market Business and Innovation Trends
from 2018 to 2024 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Regional Analysis of Light Field Market
  • Asia Pacific is expected to witness a high growth
    in the light field market with the growing
    application of the devices and imaging solutions
    in several industries.
  • Ongoing advancements in technologies in countries
    including China, India, and South Korea are
    encouraging the manufacturers to develop and
    adopt innovative technologies that would benefit
    the customers and satisfy their requirements.
  • Manufacturers in the region are targeting several
    industries where the applications of the
    technology are growing in industrial, automotive,
    and aerospace sectors.
  • Manufacturers are majorly investing in light 3D
    imaging for technological developments to
    increase the light field market growth.

  • Application Analysis of Light Field Market
  • Growing use of Augmented Reality (AR) and Virtual
    Reality (VR) devices is expected to drive the
    light field market over the coming years. In
    these devices, the technology helps in creating
    accurate images and sound that imitate the real
    environment to create an imaginary scene. It
    mainly helps in imitating realistic and immersive
    replication of 3D 360-degree virtual environment
    that provides interactive and real-time
  • The developers are focusing on designing the
    devices by integrating the technology to provide
    its customers a reality-based experience. For
    instance, in October 2017, Avegant Corporation
    announced that it is developing display kits
    based on this technology and they can be utilized
    by manufacturers in AR/VR devices. This will
    allow the devices to provide a realistic
    appearance of virtual objects by generating
    multiple focal planes. In addition, the growing
    demand for these devices in gaming, defense
    military, medical, and other entertainment
    sectors is driving the light field market.

Competitive Market Share of Light Field Market
  • Key players operating in light field market
    include, Leia, Inc, Fovi 3D, Japan Display,
    Panasonic Corporation, Otoy, Light Field Lab,
    Holografika, Lumii, Raytrix, Avegant, Lytro,
    NVIDIA, Ricoh Innovations Corporation, Toshiba,
    Apple, Inc., Samsung Display, Pelican Imaging
    Corporation, and Sony Corporation, among others.
  • These players are competing based on the customer
    need and requirement for the applications of the
    technology in several processes. They are
    adopting several strategies to cater to the
    demand of the customers in the light field market
    such as new product development and product
  • Companies, such as Apple, Google, and Facebook,
    are developing cameras based on the light field
    for immersive augmented reality. In October 2017,
    Facebook and OTOY announced the launch of the
    360-degree VR video technique.


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