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


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 AttributeDetails
No. of Pages283
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$18.4 Billion
Forecasted Market Value (USD) by 2030$24.5 Billion
Compound Annual Growth Rate3.6%
Regions CoveredGlobal

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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