The 3D Glasses market was valued at USD 101,00 Million in 2020, and it is expected to reach a value of USD 147,00 Million by 2027, at a CAGR of 4.30% over the forecast period (2020 - 2027).
3D glasses utilize special cyan lenses for the interpretation of the image. These glasses have contributed significantly to the growth of the eyewear business by providing users with new experiences in gaming and watching 3D content. Both 2D and 3D content can be displayed on the 3D glasses. 3D glasses aided eyewear makers in providing a variety of 3D glasses solutions. Anaglyph, polarized, and shutter glasses are the three types of 3D glasses available in the marketplace. Easy customization of products according to the needs and preferences of the user is one of the primary factors driving the growth of the 3D glass market.
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The increasing availability of technologically advanced computing devices, rising internet penetration across the globe, easy accessibility to TV channels and internet services such as live and on-demand services, lower 3D TV prices driving adoption of 3D glasses, and the emergence of glasses-free technology for 3D TVs are some of the vital factors that will likely flourish the 3D glasses industry.
Segmental Analysis
The Global 3D glasses market is segmented based on Type, End-User, Application, and Distribution Channel. Based on Type it is categorized into: Active, Shutter Polarized, Anaglyph. Based on End-User it is categorized into: Consumer Electronics, Aerospace, Industrial. Based on Application it is categorized into: Smartphones, Wearable Device, Televisions, Virtual Reality Headset. Based on Distribution Channel it is categorized into: E-commerce, Retail Stores. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
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Regional Insights
In 2020, the 3D Glasses industry in the United States was estimated to be worth USD 3000 million. China, the world's second-largest economy, is estimated to reach a market size of USD 2300 million by 2027, growing with a CAGR of 3.6 % between 2020 and 2027. Other notable geographic markets include Japan and Canada, which are expected to increase at 3.5 % and 3.2 %, respectively, between 2020 and 2027. In Europe, Germany is predicted to grow at a CAGR of roughly 3.7 %.
Market Dynamics
Driver
The growing popularity of 3D movies fuels the demand for premium and personal 3D eyewear. Furthermore, as home theatre technology advances, people are willing to spend more on 3D eyewear, fueling the growth of the 3D glass market.
Opportunity
Growing advancements in gaming industry will drive the demand for 3D glasses. The gaming industry has a significant and positive influence on the 3D glass market since the gaming industry is transitioning from 2D to 3D games, which is predicted to increase demand for 3D glasses. The gaming experience is also improved as a result of 3D glasses, and it provided revolutionary 3D devices at reasonable costs.
Competitive Landscape
Top Players Company Profiles
- Matsushita Electric Industrial Company Ltd. (Japan)
- LG Electronics (South Korea)
- Samsung Electronics Co. Ltd. (South Korea)
- Epson America Inc. (US)
- Sony Corporation (Japan)
- RealD Inc. (US)
- Quantum3d Inc. (US)
- NVIDIA Corporation (US)
- Panasonic Corp. (Japan)
- SCHOTT AG (Germany)
- 3D Glass Solutions (US)
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