A holographic display uses light diffraction technique to create a virtual three dimensional image of an object, which can be observed without any special equipment or glasses. A touchscreen holographic display can sense user touch and then provide haptic feedback which in end carry outs the required function or operation.
Increasing adoption of touchscreen holographic displays in various sectors such as healthcare, industrial, commercial, military & defense is a major factor driving growth of the global touchscreen holographic display market. In addition, increasing utilization of this technology in construction sector and for advertising & marketing are expected to further drive growth of the global touchscreen holographic display market to a significant extent over the forecast period.
Current trend observed in the market is use of this technology in sci-fi movies and in medical imaging. This factors are expected to further fuel growth of the global touchscreen holographic display market over the forecast period.
Complexities in integration and high initial and maintenance costs are major factors hampering growth of the global touchscreen holographic display market. However, this technology is in nascent stage and technological advancements and developments are expected to create lucrative business opportunities for market players in the global touchscreen holographic display market over the forecast period.
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The global touchscreen holographic display market is segmented on the basis of product type, applications, and region. On the basis of region, the global touchscreen holographic display market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
North America accounts for highest market share in the global touchscreen holographic display market and is expected to maintain its position over the forecast period. This can be attributed to early adoption of the technology and increasing demand for technologically advanced products. The market in Europe is expected to witness moderate growth, where as the market in Asia Pacific is expected to witness fastest growth over the forecast period. The growth in Asia Pacific market can be attributed to increasing adoption of this technology in consumer electronics and healthcare sector.
Key players in the global touchscreen holographic display market are Displair, Holoxica Ltd., Real View Imaging Ltd., AV Concepts, Meta Company, Glimm Display, and other prominent players.