Semiconductor and Electronic Survey

The global   Digital Holography Market  is expected to increase significantly, rising from USD 2.7 billion in 2020 to USD 5.4 billion by 2024. It is anticipated that this expansion will happen at a noteworthy 19.8% compound annual growth rate (CAGR). The development path includes a number of industries, including as microscopy, holographic display, and holographic telepresence, with uses in the automotive, medical, and commercial domains. Technological developments, especially in the areas of hardware and software, as well as growing industry acceptance are driving the market's expansion. A number of important factors are driving the rapidly expanding digital holography market. First, there has been a noticeable increase in demand for digital holography in the commercial and medical sectors, where it is used in many vital fields. Further propelling market expansion is the financial sector's growing adoption of digital holography for improved security measures. Also, the market...

The   Digital Holography Market   is predicted to increase from USD 2.2 billion in 2019 to USD 5.4 billion by 2024, at a CAGR of 19.8%, according to a recent market research study by MarketsandMarkets. According to the report, the main factors influencing this growth are increasing demand for digital holography in industrial and commercial applications, growing reliance on digital holography microscopy for accurate measurements, and expanding use of digital holography in the financial sector for security. The paper also emphasises latent prospects in the APAC area, particularly in China, Japan, and South Korea, as well as potential markets for digital holography, such as the demand for holographic displays for near-to-eye applications. The digital holography business is, however, significantly constrained by the high cost of holographic goods, computational challenges in hologram acquisition and reconstruction, and a general lack of technological awareness. Lyncee Tec ( S...

The   Digital Holography Market   is expected to grow from USD 2.7 billion in 2020 to USD 5.4 billion by 2024, at a CAGR of 19.8%. The factors such as rising demand for digital holography in medical and commercial applications, growing adoption of digital holography in financial sector for security purposes, and increasing use of digital holography microscopy for precise measurement drive the demand for digital holography. Increasing use of Digital Holography microscopy for precise measurment Digital holography allows the quantitative measurement of shape and displacements of objects by recording holograms with digital cameras and reconstructing them numerically. The technology enables fast and highly precise measurement of 3D geometries. The technology is being increasingly used for the inspection of turbine engine components as holography inspection has eliminated compressor seal bond failures, yielded large financial savings to manufacturers and greatly enhanced customer sa...

The   Digital Holography Market   is anticipated to develop at the highest CAGR of 19.8%, from USD 2.2 billion in 2019 to USD 5.4 billion in 2024. Rising demand for digital holography in industrial and commercial applications, expanding use of the technology for security in the financial sector, and expanding usage of digital holography microscopes for accurate measurements are the main factors driving the market's expansion. Additionally, underlying opportunities for the digital holography market include latent demand from APAC nations, including China, Japan, and South Korea, as well as future demand for holographic displays for near-eye applications. The high price of digital holographic products is a significant market limitation. The Digital Holography Market has significant challenges from computational complexity in hologram acquisition and reconstruction as well as low levels of technology awareness in the market. Software sales will expand at a faster CAGR during the ...

The   Digital Holography Market   is projected to reach USD 5.4 billion by 2024 from USD 2.2 billion in 2019, growing at the highest CAGR of 19.8%. Major drivers for the market’s growth are rising demand for digital holography in medical and commercial applications, the growing adoption of digital holography in the financial sector for security purposes and increasing use of digital holography microscopy for precise measurements. Furthermore, underlying opportunities for the Digital Holography Market include potential demand for holographic displays for near to eye applications, and latent opportunities for digital holographic solutions from countries in APAC particularly, China, Japan, and South Korea. Major restraints for the market are the high cost of digital holographic products. Computational complexities in the acquisition and reconstruction of holograms and the lack of technological awareness in the market pose a major challenge to the Digital Holography Market. “Softw...