A laser projector is a device that projects changing laser beams on a screen to create a moving image for entertainment or professional use. It consists of a housing that contains lasers, mirrors, galvanometer scanners, and other optical components.
Market Analysis and Insights: Global Laser Projection Market
Due to the COVID-19 pandemic, the global Laser Projection market size is estimated to be worth US$ 7479.8 million in 2022 and is forecast to a readjusted size of US$ 17910 million by 2028 with a CAGR of 15.7% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Laser Projector accounting for % of the Laser Projection global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Enterprise segment is altered to an % CAGR throughout this forecast period.
APAC is expected to dominate the laser projection market. APAC is the leading laser projection market for education and cinema segments, with major demand driven by countries such as China and India. APAC is expected to provide ample opportunities for the laser projection market growth during the forecast period due to increasing consumer awareness about high-brightness laser projectors, increased government spending from emerging economies on the education sector, and the development of the education sector to provide smart education to students. Also, the increasing number of cinema screens and rising penetration of laser projectors in cinema drive the growth of the laser projection market.
Global Laser Projection Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Laser Projection Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Laser Projector
CAD Laser Projection System
Segment by Application
Enterprise
Public Places
Cinema
Education
Retail
Medical
Industrial
By Company
Panasonic
Sony
Epson
Barco
NEC Display Solutions
Benq
Casio
Delta Electronics
Optoma
Ricoh Company
Canon
Christie Digital Systems
Digital Projection
Dell
Faro
Hitachi Digital
Lap GmbH
LG
Viewsonic
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina