Laser Projection Market Trends, Analysis, Share and Growth Forecast 2023

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MarketsandMarkets Presents
The Laser Projection Market, the overall market
is estimated to be worth USD 4.57 Billion in 2018
and is expected to reach USD 10.53 Billion by
2023, at a CAGR of 18.2 between 2018 and 2023.
Significant advantages of laser projectors over
traditional lamp projectors and increasing
adoption of laser projection technology for
various applications are the major drivers for
the growth of the Laser Projection Market.
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MarketsandMarkets Presents
Key Players 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), Optoma
Corporation (Taiwan), The Ricoh Company, Ltd.
(Japan), and Delta Electronics Industry Co., Ltd.
(Taiwan) are the major players in the laser
projection market. The report also includes the
profiles of companies such as 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. (China).
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MarketsandMarkets Presents
Laser phosphor projector expected to hold major
market share during forecast period Laser
phosphor projector is expected to lead the market
in 2018. The long life and low maintenance of
laser phosphor projectors make them ideal for
high-use settings, such as boardrooms,
classrooms, houses of worship, museums, and
location-based entertainment venues. A major
benefit of using laser phosphor is reduced total
cost of ownership (TCO). The increasing adoption
of laser phosphor-based projectors for various
applications is expected to drive the market
during the forecast period. Download PDF Sample
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MarketsandMarkets Presents
Laser Projection Market for cinema to grow at
highest CAGR between 2018 and 2023 The market
for cinema is expected to grow at the highest
CAGR during the forecast period. The cinema
vertical is expected to create ample
opportunities for players in the Laser Projection
Market. The increasing number of cinema screens
across the world and advancements in projection
technology with less maintenance cost provide
opportunities for the Laser Projector Market
Growth. Barco is one of the major companies
offering high-brightness laser projectors for
cinema applications.
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MarketsandMarkets Presents
APAC expected to hold major share of Laser
Projection Market during 20182023 Asia Pacific
is expected to hold the largest share of the
Laser Projection Market during the forecast
period. In APAC, China is expected to be the
major contributor to the laser projection market
between 2018 and 2023. 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. For More Details - https//www.marketsand
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