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).

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Enquiry Before Buying

TMR offers Enquiry Before Buying that help clients to get information on their business scenario required where syndicated solutions are not enough.

Enquiry Before Buying

Light Field Market