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Global Industrial Holography Applications Strategic Business Report 2023: A $24.5 Billion Market by 2030 from $18.4 Billion in 2022 - Growing Focus on Non-Destructive Testing Drives Strong Prospects
Global Market for Holography for Industrial Applications
Dublin, Jan. 26, 2023 (GLOBE NEWSWIRE) -- The "Holography for Industrial Applications - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Holography for Industrial Applications Market to Reach $24.5 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Holography for Industrial Applications estimated at US$18.4 Billion in the year 2022, is projected to reach a revised size of US$24.5 Billion by 2030, growing at a CAGR of 3.6% over the analysis period 2022-2030.
Holographic Scanning, one of the segments analyzed in the report, is projected to record a 3.8% CAGR and reach US$16.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Holographic Industrial Testing segment is readjusted to a revised 3% CAGR for the next 8-year period.
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem.
The U.S. Market is Estimated at $5 Billion, While China is Forecast to Grow at 6.3% CAGR
The Holography for Industrial Applications market in the U.S. is estimated at US$5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2030 trailing a CAGR of 6.3% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.2 Billion by the year 2030.
Key Metrics
Report Attribute | Details |
No. of Pages | 283 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $18.4 Billion |
Forecasted Market Value (USD) by 2030 | $24.5 Billion |
Compound Annual Growth Rate | 3.6% |
Regions Covered | Global |
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Key Topics Covered:
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Holography - A Rudimentary Overview
Recent Market Activity
Holography for Industrial Applications - Current & Future Analysis
Steady Acceleration in Global PMI Benefits Holography in Industrial Applications
Holography in CAD
Growing Relevance of Holography in Product Design
Holography in Data Storage - An Emerging Application Area Laden with Tremendous Potential for Growth
Potential Role of Nanoparticles in Increasing Adoption of Holography
Holography for Industrial Applications - Global Key Competitors Percentage Market Share in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3D AG (Switzerland)
AHEAD Optoelectronics, Inc. (Taiwan)
API Group Plc (UK)
CFC International Corporation (USA)
Crown Roll Leaf, Inc. (USA)
De La Rue Plc (UK)
Headwall Photonics, Inc. (USA)
Holographix LLC (USA)
HoloTech Switzerland AG (Switzerland)
Holtronic Technologies (Switzerland)
ITW Foils (USA)
Jenoptik AG (Germany)
K Laser Technology, Inc. (Taiwan)
Kaiser Optical Systems, Inc. (USA)
Laser Technology, Inc. (USA)
Luminit LLC (USA)
OpSec Security Group Plc (UK)
Optaglio a.s. (Czech Republic)
Optometrics LLC (USA)
Spectratek Technologies, Inc. (USA)
SURYS (France)
3. MARKET TRENDS & DRIVERS
Holographic Scanning - Immensely Popular in Material Handling
Growing Focus on Increasing Productivity & Reducing Redundancy in Assembly Line Operations to Drive Demand for Holographic Scanning among Manufacturers
Industrial Testing - A Major Application Opportunity for Holography
Holographic Interferometry Brings Mainstream Use of Holography in Industrial Testing
Growing Focus on Non-Destructive Testing in Industries Drives Strong Business Prospects for Industrial Holography
Technology Innovations & Advancements over the Years
Arizona Researchers Develop New Holography Approach for Larger Sized Heads-Up Displays
German Researchers Develop Digital Holography for In-line Measurements during Production
Technology to Generate Realistic 3D-Holograms
Leia 3D Creates Holography-based Interface for Automobiles
NICT Researchers Develop Projection-Type Holographic 3-D Display Technology
Digital 3-D Holographic Microscopy System (DHM)
Metasurface Based Tiny Holograms Control Laser Light
Holography Based on Nanoantennas
Holography to Feature in Smartphones
Holograms and Matrix Codes: An Effective Combination
4. GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/g0sqwm
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