Laser Projection Market Size, Share & Growth 2023


Posted December 8, 2022 by avinashgogawale14

Between 2018 and 2023, the Laser Projection Market is projected to increase at a CAGR of 18.2% from its 2018 value of USD 4.57 billion to USD 10.53 billion.

 
According to a study titled Laser Projection Market by Product Type (Laser Projector and CAD Laser Projection System), Illumination Type (Laser Phosphor, Hybrid, RGB Laser, Laser Diode), Vertical (Enterprise, Public Places, Cinema, Education), and Geography - Global Forecast to 2023, the market's overall value is predicted to be USD 4.57 billion in 2018 and to reach USD 10.53 billion by 2023, at a CAGR The market for laser projection is expected to increase as a result of the significant benefits that laser projectors have over conventional bulb projectors and the growing use of laser projection technology in a variety of applications.

During the forecast period, laser phosphor projector is anticipated to hold a significant market share.

In 2018, the laser phosphor projector is anticipated to command the market. Laser phosphor projectors are the best choice for high-use environments including boardrooms, classrooms, places of worship, museums, and locations for location-based entertainment because to its long lifespan and low maintenance requirements. Reduction in total cost of ownership is one of the main advantages of employing laser phosphor (TCO). The market is anticipated to be driven by the rising use of laser phosphor-based projectors for a variety of applications.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=197811567

Between 2018 and 2023, the laser projection market for movies will develop at the fastest rate (CAGR).

During the forecast period, the cinema market is anticipated to develop at the greatest CAGR. Players in the laser projection market could have plenty of chances as a result of the cinema vertical. There are prospects for the laser projector market to expand due to the rising number of movie theatre screens around the world and improvements in projection technology with lower maintenance costs. One of the top manufacturers of high-brightness laser projectors for theatre use is Barco.

Between 2018 and 2023, APAC is anticipated to account for the majority of the laser projection market.

During the forecast period, Asia Pacific is anticipated to account for the highest share of the laser projection market. Between 2018 and 2023, China is anticipated to dominate the APAC laser projection market. With significant demand coming from nations like China and India, the APAC region dominates the laser projection market for the education and movie industries. During the forecast period, APAC is anticipated to offer a lot of growth opportunities for the laser projection market.

The major players in the laser projection market are BenQ Corporation (Taiwan), Casio Computer Co., Ltd. (Japan), Optoma Corporation (Taiwan), The Ricoh Company, Ltd. (Japan), and Delta Electronics Industry Co., Ltd. (Taiwan). They also include Sony Corporation (Japan), Seiko Epson Corporation (Japan), Barco NV (Belgium), NEC Display Solutions (Japan), Panasonic Corporation Along with company profiles for Canon Inc. (Japan), Christie Digital Systems (US), Digital Projection (UK), Dell (US), FARO Technologies, Inc. (US), Hitachi Digital Media Group (UK), LAP GmbH Laser Applikationen (Germany), ViewSonic Corporation (US), and Xiaomi Inc., the report also includes company profiles for Canon Inc. (China).

Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/laser-projection-market-197811567.html

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Visit Our Website: https://www.marketsandmarkets.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Avinash
Phone +1-888-600-6441
Business Address Tower B5, office 101, Magarpatta SEZ,
Hadapsar, Pune-411013, India
Country India
Categories Business , Industry , Semiconductors
Tags laser projection market
Last Updated December 8, 2022