Global Spatial Light Modulator Market Size, Forecast and Trend Highlights Over 2025-2037
Spatial Light Modulator Market size was valued at USD 9.3 billion in 2024 and is expected to secure a valuation of USD 63.8 billion in 2037, expanding at a CAGR of 15.7% during the forecast period, i.e., 2025-2037. In 2025, the industry size of spatial light modulators is expected to be USD 10.4 billion.
The growth of the spatial light modulators market is driven by consumer demand for large-scale, high-definition visual platforms, which exist in educational, entertainment, and healthcare industries. The components play an essential role in enhancing brightness and resolution when integrated in technologies such as augmented and virtual reality. The expanding consumer requirement is driving companies to roll out improved SLM devices for mixed reality applications. In April 2023, Hamamatsu Photonics introduced a new high-performance SLM built on liquid crystal on silicon (LCoS) technology, aimed specifically at enhancing AR and VR visual fidelity. Such technological improvements result in improved virtual environments with realistic settings, which are essential for upcoming immersive technologies.
