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

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Global Market for Holography for Industrial Applications

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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• Global Market for Holography for Industrial Applications

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