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3D glasses are the eyewear used to give an illusion image where both eyes see different perspectives of the same picture superimposed on each other, giving real-time effect. The process of creating an image using different colors and cyan lenses with 3D glasses is known as an anaglyphic image.
The increasing trend of 3D movies globally will drive the 3D glasses market. The use of the product in the entertainment industry will give a more realistic view of movies and let the audience and viewers get a personal touch with 3D content. These factors will increase the demand for 3D glassware. The increasing adoption of gaming apps and consoles with 2D and 3D effects accelerates the demand for global 3D glasses. Therefore, the youth's rising demand for gaming technology will drive the global market.
The entertainment and gaming industries were at a loss owing to the pandemic, which alternatively affected the 3D glasses manufacturers. The production of the 3D glasses was paused due to workforce limitations and factory plants, which resulted in supply chain disruption and distribution channel failure, affecting the shortage of raw materials. For instance, in the Commerce Ministry in July 2022, the Government of India announced workforce availability of up to 50% of total employees, including contractual employees, limiting the entire workforce. The impact of COVID-19 is expected to be negative on the global 3D glasses market. The lockdown resulted in the shutting down of movie theatres and tech shops, which heavily affected the global 3D glasses market simultaneously.
The report will cover the following key insights:
Polarized 3D glasses are expected to get high demand as polarized 3D glasses give a better 3D experience than anaglyph and shutter. The Polarized 3D glasses are more affordable than other categories and are lightweight with no synchronization required. They produce low crosstalk, with stable motion providing a better perception of depth, which can be used on T.V. and big cinema screens.
The consumer electronic segment is projected to grow at a high rate. The rise in awareness of 3D cinema and technology in the television industry will positively affect the consumer electronic segment in the future. The introduction of 3D T.Vs and animation in games and movies will also drive the consumer electronic segment in the global 3D glasses market.
The offline segment of the global 3D glasses market is expected to grow. The bulk buying pattern of the end users will impact the market toward offline buying. The buying-in-bulk process provides many discounts and offers for the purchaser with a guarantee and warranty of return of items if damaged, broken, or missing, which will drive the offline segment of the global 3D glasses market.
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Asia Pacific region is projected to dominate the global 3D glasses market during the forecasted period 2023-2030. Economies such as China and Japan significantly contribute to the growth of the global 3D glasses market. Furthermore, the Asian medical and science industry is expanding rapidly. With the market expansion, 3D glasses will also grow on a major scale due to the adoption of 3D models and AR/MR/VR in the medical field in Asia Pacific countries.
Whereas, Japan is the sixth largest 3D glass user in the medical industry, with a 7.7% increase in 3D model-based 3D glasses.
The increasing import and export activities across the region and the rise in research and developments of 3D glass technology by major key manufacturers will drive the 3D glasses market in the Asia Pacific region.
The report will include the profiles of key players, such as Lens Technology, C.P.T. Technology (Group) Co Ltd, Samsung, Vivo, Huawei, Xiaomi, Coolpad, Holitech Technology, Bourne Optics, and F.O.X.C.O.N.N.
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