Digital holography is a new tool in 3D imaging developed for biological applications. Microscopy of biological systems and understanding of complex systems through 3D imaging can drive its demand. The global digital holography market report by Market Research Future (MRFR) covers latest trends and challenges to be encountered by manufacturers over the forecast period (2020-2027). The COVID-19 pandemic and its effects on the industry are explained in high detail.
The global digital holography market is likely to display 27% CAGR over the forecast period. It is driven by the capacity of the technology for providing accurate measurements of objects. Adoption of the technology in the financial sector, rising demand in medical and commercial applications, and use in measurement of minute organisms can drive market demand significantly. Inspection and detection of faults in the automotive sector and reduction in fault tolerance during production can lead to its adoption in various sectors.
North America to Lead Global Market
North America is expected to lead the global digital holography market owing to need for technologically advanced products and rise of new technologies. Presence of well-known vendors and demand for holographic solutions in medical, aerospace & defense, and others can drive regional market growth.
Top Key Players
Jasper Display Corporation, Ovizio Imaging Systems NV/SA, Lyncee Tec SA, Light Logics Holography and Optics Pvt Ltd., Geola Digital lab, RealView Imaging Ltd., Eon Reality, Inc., Holoxica Ltd., Zebra Imaging Inc., and LEIA Inc. are key players in the global digital holography market.
VividQ has generated funding of USD 15.1 million for developing large screens capable of displaying 3D and mobile holography. It aims to use the capital for expediting development of AR headsets, HUD demos, and implement holography across consumer electronics.