Digital Holography Market Top Companies, Challenges, Opportunities Analysis, Forecast 2024

Posted May 17, 2022 by avinashgogawale14

The Digital Holography Market is expected to grow from USD 2.7 billion in 2020 to USD 5.4 billion by 2024, at a CAGR of 19.8%.
The Digital Holography Market is currently at a nascent stage and is expected to accelerate further in the coming years. In terms of value, it is expected to grow from USD 2.2 billion in 2019 to USD 5.4 billion by 2024; growing at a CAGR of 19.8% from 2019 to 2024. Major drivers affecting the growth of the market are rising demand for Digital Holography in medical and commercial applications; and the increasing use of digital holography microscopy for precise measurements. Furthermore, underlying opportunities for the digital holography market include potential demand for holographic displays for near to eye applications and latent opportunities for digital holographic solutions from countries in APAC particularly, China, Japan, and South Korea. On the other hand, factors such as the high cost of digital holographic systems, and computational complexities in the acquisition and reconstruction of holograms are barriers inhibiting the growth of this market.

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Key strategies implemented during 2016–2024 by major players include product launches and developments, acquisitions, agreements, collaborations, contracts, expansions, and partnerships. Lyncee Tec (Switzerland), Holoxica Limited (UK), RealView Imaging (Israel), EON Reality (US), and Phase Holographic Imaging (Sweden) are amongst the few prominent players that adopted these strategies.

Top 2 Players in Digital Holography Market:

Lyncee Tec SA (Switzerland)

Lyncee Tec (Switzerland) was ranked the first in the Digital Holography Market in 2018. Lyncee is one of the leading companies offering 3D analysis instruments and related software. The company works in collaboration with competence centers & universities such as the Swiss Federal Institute of Technology (EPFL) (Switzerland) and the University of Lausanne for technological innovations. Over the years, it has strengthened its leadership in digital holography microscopy and has sharpened its focus on systems and software for the same. In June 2018, Lyncee introduced a Digital Holographic Camera. The camera provides marker-free non-invasive images of cells and allows to characterize them without perturbation. The launch helped the company to further strengthen its product portfolio.

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Holoxica Limited (UK)

Holoxica specializes in holographic 3D visualization technologies including digital holograms and holographic video displays. The company mainly focuses on two core lines of business, namely, developing a pioneering 3D holographic display system and designing innovative 3D holograms. The company offers light-field video displays, static digital holograms, graphics processors, visualization software and related applications, and services. It is engaged in research & development in the field of 3D holography and is also conducting research into a holographic 3D video display, designed to view images in real time as they are produced by medical scanners. In June 2019, the company demonstrated Looking Glass 3D display at Heriot Watt. The display offers full-color 3D images in real time. No glasses or headsets are required, and multiple viewers can see the 3D image simultaneously (typically 3 to 5 people). It can directly replace current AR/VR headsets, which are inconvenient, uncomfortable, and barriers to 3D visualization.

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Tags Digital Holography Market
Last Updated May 17, 2022