The light field is a function that defines the quantity of light flowing in each direction over each point in universe. The magnitude of each ray is specified by the radiance and path of each ray is specified by the 5D plenoptic. Light field technology is used to imprisonment of real-world scenes, objects and digitizing them with accurate results. Virtual reality (VR) technology in light field creates accurate sound, images, and other observations that imitate a real surroundings to create an imaginary scene. 3D animation using light field can imitate a user's physical presence in the virtual environment. It mainly imitate the immersive and realistic replication of a 3 dimensional-360-degree virtual environment that offers real-time and interactive simulation or capability measured by body movements.
One of driver which increase market of light field is for visual effects technology. The growing market for light field is due to visual effects tools in marketing, movies, increasing need of prototyping, and evolving 5D & 4D technologies are the main driving features. The growing demand for increasing adoption of artificial intelligence, high computational capability, machine learning technologies, and increasing need for ASICs are the another factors that drives light field market during forecast period. Light field imaging is one of the most studied 3D imaging technologies because of its capability to create an original observing environment. After the development of the 3D technology, expansions can be seen in terms of increasing the content quality and enlightening the user-viewing experience. The accessibility of 3D technology now has providing HD (high-definition) content to improve viewing experience through advanced 3D-enabled devices such as VR devices and 3D display units. Light field technology still have some restraining factors such as poor reconstructed depth quality, low spatial resolution, or large data storage requirements. Correspondingly, human contact with 4D data remains a stimulating problem. Light field research is still essential of better methods & concepts, targeting for additional effective analysis, data capture, storage, and processing.
Light field market can be segmented on the basis of technology, end use industry and region. By technology, the light field market can be segmented as, imaging solution, and display. Light field market is segmented by end use industry into defense & security, healthcare & medical, architecture & engineering, media & entertainment, and industrial. The medical & healthcare segments is likely to hold the largest size of the light field market during forecast period. The light field market is predictable to list the maximum growth in entertainment and media sector with high focus on auto stereoscopy. Furthermore, light field market can also be studied according to regional bifurcations such as North America, Europe, Asia Pacific, Middle East & Africa and South America. North America has been dominate light field market due to the adoption of light field 3D imaging. There has been an extensive usage of light field 3D imaging technologies and solutions in this region. Moreover, in this area, manufacturer are mainly investing in light 3D imaging for technological advancements to increase the market growth. This region has been acquiescent toward adopting light field within the companies for improving visualization and amplified customer experience. Additionally, the light field are growing in Asia Pacific region due to the development in industrial sector and media sector.
Many players are involved in manufacturing SiC semiconductor device and materials some of the key players in the market are Avegant (US), Lytro (US), FoVI 3D (US), OTOY (US), and Japan Display Inc. (JDI) (Japan). Other main players in the Light field market contain Holografika (Hungary) Lumii (US), Light Field Lab (US), Raytrix (Germany), Ricoh Innovations (US), NVIDIA (US), Leia (US), and Toshiba (Japan).
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