Press release
Laser Projection Market to Grow at 19.3% CAGR to 2025 - by Key Vendors: Panasonic Corporation (Japan), Sony Corporation (Japan), Barco NV (Belgium), NEC Display Solutions (Japan), BenQ Corporation (Taiwan), Casio Computer Co., Ltd. (Japan)
Laser Projection Market
Laser Projection is defined as a device that provide changing laser beams on a screen to produce a moving image for professional or entertainment use. It contains of a housing that covers lasers, galvanometer scanners, mirrors, and other optical components. It has various feature which include high brightness, long lasting laser light source, WUXGA resolution and 10,000:1 contrast ratio for clear, crisp and bright projection, installation flexibility, builtin multiscreen edge blending and warping, motorized and wide lens shift range, reduce blending maintenance with a smart sensor continuously measuring and adjusting the illumination output and many more.It has a wide application in enterprise, public places, cinema, education and others.
In 2017 IMAX’s launched new laser projectors in a Movie Theater. It is developed for bright and sharp Colors are so bright and intense that they now add even more realism to computer-generated images and the future will change the movie theater.
In 2017, Epson launches a first 3LCD laser ultra-short throw projectors.It is a laser projection technology on the ultra-short throw projector platform. It build innovative laser features to connect people and technology with solutions for creative ideas, displays and collaboration across a variety of sectors, including corporate spaces, educational institutions, retail spaces, and anywhere that long life, minimal maintenance and low cost of operation are significant.
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Market Analysis: Global Laser Projection Market
The Global Laser Projection Market is expected to reach USD 11.8 billion by 2025 from USD 4.36 billion in 2017 and is projected to grow at a CAGR of 19.3% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Segmentation: Global Laser Projection Market
The market is segmented based on product type, illumination type, vertical and geographical segments.
Based on product type, the market is segmented into laser projector and CAD laser projection system.
Based on illumination type, the market is segmented into laser phosphor, hybrid, RGB laser, laser diode.
Based on vertical, the market is segmented into enterprise, public places, cinema and education.
Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Key Players: Global Laser Projection Market
The renowned players in laser projection market are –
• Panasonic Corporation (Japan),
• Sony Corporation (Japan),
• Seiko Epson Corporation (Japan),
• Barco NV (Belgium),
• NEC Display Solutions (Japan),
• BenQ Corporation (Taiwan),
• Casio Computer Co., Ltd. (Japan),
• Delta Electronics Industry Co., Ltd. (Taiwan),
• Optoma Corporation (US),
• Ricoh Company, Ltd. (Japan),
• 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),
• LG (South Korea),
• ViewSonic Corporation (US),
• Xiaomi Inc. (China),
• Many more
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