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Global Laser Projection Systems Market, Trends & Growth Opportunity, By Type (CAD Laser Projector System, Laser Projector), By Illumination Type (RGB Laser, Laser Diode, Laser Phosphor, Hybrid, Others), By Resolution (HD, Full HD, 4K), By End-Use (Media & Entertainment, Education, Others), By Region and Forecast till 2030.


Report ID : IR1002263 | Industries : Energy & Power | Published On :May 2024 | Page Count : 235

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  • Global Laser Projection Systems Market, Trends & Growth Opportunity, By Type (CAD Laser Projector System, Laser Projector), By Illumination Type (RGB Laser, Laser Diode, Laser Phosphor, Hybrid, Others), By Resolution (HD, Full HD, 4K), By End-Use (Media & Entertainment, Education, Others), By Region and Forecast till 2030.
    Global Laser Projection Systems Market
    The Global Laser Projection Systems Market was valued at USD 920.16 Mn in 2022 and is expected to expand to USD 2202.92 Mn by 2030 at a CAGR of 11.45% during the forecast period of 2023-2030.
    The term "laser projection" refers to the display of animations and images using a laser display on projection surfaces. A laser projector is a machine that uses shifting laser beams to create moving images on a screen for recreational or business purposes. It comprises a housing that includes galvanometer scanners, mirrors, lasers, and other optical parts. A laser projector may have a single laser light source for projections in a single color or three sources for projections in full RGB (red, green, and blue) color. Lasers may produce projected images that are brighter and have more vibrant hues.
    Market Drivers
    The market growth rate is being positively impacted by the rising demand for laser projection technology across numerous industries. Wide-ranging advantages of laser projectors include their ease of operation at low temperatures and little cooling requirements. Also, compared to lamp-based projectors, laser projectors provide several advantages, including longer life, high brightness, high contrast, and clearer images.
    The growing popularity of laser phosphor-based projectors, which are employed in a variety of venues including boardrooms, classrooms, places of worship, museums, and entertainment, is another important factor propelling the market.
    Market Restraints
    The main restraint to the growth of the laser projection systems market is the high cost associated with it. Due to the most recent advancements, laser projectors and laser projection systems are more expensive. However, when compared to a lamp projector, a laser projector's advantages over its lifetime are clear.
    Market Segmentation
    The global laser projection systems market is segmented by types, such as CAD laser projector systems and laser projectors. Based on illumination type, the market is segmented into RGB laser, laser diode, laser phosphor, hybrid, and others. Based on the resolution, the market is segmented into HD, Full HD, and 4K). Further, the market is segmented by end-use, such as media & entertainment, education, and others.
    Regional Analysis
    The laser projection systems market is expected to be dominated by the Asia-Pacific region during the forecast period. The market for laser projection will be propelled by expanding demand from nations like India and China in the education and entertainment sectors.
    On the other hand, the prevalence of modern infrastructure and the presence of significant players in the region will strengthen the progress of North America in the worldwide market share.
    Key Players
    LG Electronics, Faro, Laserglow Technologies, Panasonic Corporation, Sony Corporation, Carter Products Company Inc, Virtek Vision International ULC, Assyst Bullmer, Canon Inc, Hutchinson Manufacturing, Z-Laser GmbH, LAP GmbH Laser Applications, Aligned Vision, Seiko Epson Corporation, Delta Electronics, Xiaomi Inc, BenQ Corporation, Barco NV, Optoma Corporation.
    Market Taxonomy
    By Type

    •        CAD Laser Projector System
    •        Laser Projector
    By Illumination Type
    •        RGB Laser
    •        Laser Diode
    •        Laser Phosphor
    •        Hybrid
    •        Others
    By Resolution
    •        HD
    •        Full HD
    •        4K
    By End-Use
    •        Media & Entertainment
    •        Education
    •        Others
    By Region
    •        North America (USA, Canada, Mexico)
    •        Europe (Germany, France, UK, Rest of Europe)
    •        Asia Pacific (China, India, Japan, Rest of Asia Pacific)
    •        Latin America (Brazil, Rest of Latin America)
    •        Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa)

    Global Laser Projection Systems Market
    1 Introduction
    1.1 Objective of the Study
    1.2 Market Definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Laser Projection Systems Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing Economic Downturn
    4.2.6 Post Covid-19 World Supply and Demand Conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Laser Projection Systems Market, By Type
    5.1 Y-o-Y Growth Comparison, By Type
    5.2 Global Laser Projection Systems Market Share Analysis, By Type
    5.3 Global Laser Projection Systems Market Size and Forecast, By Type
    5.3.1 CAD Laser Projector System
    5.3.2 Laser Projector
    6 Global Laser Projection Systems Market, By Illumination Type
    6.1 Y-o-Y Growth Comparison, By Illumination Type
    6.2 Global Laser Projection Systems Market Share Analysis, By Illumination Type
    6.3 Global Laser Projection Systems Market Size and Forecast, By Illumination Type
    6.3.1 RGB Laser
    6.3.2 Laser Diode
    6.3.3 Laser Phosphor
    6.3.4 Hybrid
    6.3.5 Others
    7 Global Laser Projection Systems Market, By Resolution
    7.1 Y-o-Y Growth Comparison, By Resolution
    7.2 Global Laser Projection Systems Market Share Analysis, By Resolution
    7.3 Global Laser Projection Systems Market Size and Forecast, By Resolution
    7.3.1 HD
    7.3.2 Full HD
    7.3.3 4K
    8 Global Laser Projection Systems Market, By End-Use
    8.1 Y-o-Y Growth Comparison, By End-Use
    8.2 Global Laser Projection Systems Market Share Analysis, By End-Use
    8.3 Global Laser Projection Systems Market Size and Forecast, By End-Use
    8.3.1 Media & Entertainment
    8.3.2 Education
    8.3.3 Others
    9 Global Laser Projection Systems Market, By Region
    9.1 Global Laser Projection Systems Market Share Analysis, By Region
    9.2 Global Laser Projection Systems Market Size and Forecast, By Region
    10 North America Laser Projection Systems Market Analysis and Forecast (2023-2030)
    10.1 Introduction
    10.2 North America Laser Projection Systems Market Share Analysis, By Type
    10.3 North America Laser Projection Systems Market Size and Forecast, By Illumination Type
    10.4 North America Laser Projection Systems Market Size and Forecast, By Resolution
    10.5 North America Laser Projection Systems Market Size and Forecast, By End-Use
    10.6 North America Laser Projection Systems Market Size and Forecast, By Country
    10.6.1 U.S.
    10.6.2 Canada
    10.6.3 Mexico
    11 Europe Laser Projection Systems Market Analysis and Forecast (2023-2030)
    11.1 Introduction
    11.2 Europe Laser Projection Systems Market Share Analysis, By Type
    11.3 Europe Laser Projection Systems Market Size and Forecast, By Illumination Type
    11.4 Europe Laser Projection Systems Market Size and Forecast, By Resolution
    11.5 Europe Laser Projection Systems Market Size and Forecast, By End-Use
    11.6 Europe Laser Projection Systems Market Size and Forecast, By Country
    11.6.1 Germany
    11.6.2 France
    11.6.3 UK
    11.6.4 Rest of Europe
    12 Asia Pacific Laser Projection Systems Market Analysis and Forecast (2023-2030)
    12.1 Introduction
    12.2 Asia Pacific Laser Projection Systems Market Share Analysis, By Type
    12.3 Asia Pacific Laser Projection Systems Market Size and Forecast, By Illumination Type
    12.4 Asia Pacific Laser Projection Systems Market Size and Forecast, By Resolution
    12.5 Asia Pacific Laser Projection Systems Market Size and Forecast, By End-Use
    12.6 Asia Pacific Laser Projection Systems Market Size and Forecast, By Country
    12.6.1 China
    12.6.2 Japan
    12.6.3 India
    12.6.4 Rest of Asia
    13 Latin America Laser Projection Systems Market Analysis and Forecast (2023-2030)
    13.1 Introduction
    13.2 Latin America Laser Projection Systems Market Share Analysis, By Type
    13.3 Latin America Laser Projection Systems Market Size and Forecast, By Illumination Type
    13.4 Latin America Laser Projection Systems Market Size and Forecast, By Resolution
    13.5 Latin America Laser Projection Systems Market Size and Forecast, By End-Use
    13.6 Latin America Laser Projection Systems Market Size and Forecast, By Country
    13.6.1 Brazil
    13.6.2 Rest of Latin America
    14 Middle East Laser Projection Systems Market Analysis and Forecast (2023-2030)
    14.1 Introduction
    14.2 Middle East Laser Projection Systems Market Share Analysis, By Type
    14.3 Middle East Laser Projection Systems Market Size and Forecast, By Illumination Type
    14.4 Middle East Laser Projection Systems Market Size and Forecast, By Resolution
    14.5 Middle East Laser Projection Systems Market Size and Forecast, By End-Use
    14.6 Middle East Laser Projection Systems Market Size and Forecast, By Country
    14.6.1 Saudi Arabia
    14.6.2 UAE
    14.6.3 Egypt
    14.6.4 Kuwait
    14.6.5 South Africa
    15 Competitive Analysis
    15.1 Competition Dashboard
    15.2 Market Share Analysis of Top Vendors
    15.3 Key Development Strategies
    16 Company Profiles
    16.1 LG Electronics
    16.1.1 Overview
    16.1.2 Offerings
    16.1.3 Key Financials
    16.1.4 Business Segment & Geographic Overview
    16.1.5 Key Market Developments
    16.1.6 Key Strategies
    16.2 Faro
    16.2.1 Overview
    16.2.2 Offerings
    16.2.3 Key Financials
    16.2.4 Business Segment & Geographic Overview
    16.2.5 Key Market Developments
    16.2.6 Key Strategies
    16.3 Laserglow Technologies
    16.3.1 Overview
    16.3.2 Offerings
    16.3.3 Key Financials
    16.3.4 Business Segment & Geographic Overview
    16.3.5 Key Market Developments
    16.3.6 Key Strategies
    16.4 Panasonic Corporation
    16.4.1 Overview
    16.4.2 Offerings
    16.4.3 Key Financials
    16.4.4 Business Segment & Geographic Overview
    16.4.5 Key Market Developments
    16.4.6 Key Strategies
    16.5 Sony Corporation
    16.5.1 Overview
    16.5.2 Offerings
    16.5.3 Key Financials
    16.5.4 Business Segment & Geographic Overview
    16.5.5 Key Market Developments
    16.5.6 Key Strategies
    16.6 Carter Products Company Inc
    16.6.1 Overview
    16.6.2 Offerings
    16.6.3 Key Financials
    16.6.4 Business Segment & Geographic Overview
    16.6.5 Key Market Developments
    16.6.6 Key Strategies
    16.7 Virtek Vision International ULC
    16.7.1 Overview
    16.7.2 Offerings
    16.7.3 Key Financials
    16.7.4 Business Segment & Geographic Overview
    16.7.5 Key Market Developments
    16.7.6 Key Strategies
    16.8 Assyst Bullmer
    16.8.1 Overview
    16.8.2 Offerings
    16.8.3 Key Financials
    16.8.4 Business Segment & Geographic Overview
    16.8.5 Key Market Developments
    16.8.6 Key Strategies
    16.9 Canon Inc
    16.9.1 Overview
    16.9.2 Offerings
    16.9.3 Key Financials
    16.9.4 Business Segment & Geographic Overview
    16.9.5 Key Market Developments
    16.9.6 Key Strategies
    16.10 Hutchinson Manufacturing
    16.10.1 Overview
    16.10.2 Offerings
    16.10.3 Key Financials
    16.10.4 Business Segment & Geographic Overview
    16.10.5 Key Market Developments
    16.10.6 Key Strategies
    16.11 Z-Laser GmbH
    16.11.1 Overview
    16.11.2 Offerings
    16.11.3 Key Financials
    16.11.4 Business Segment & Geographic Overview
    16.11.5 Key Market Developments
    16.11.6 Key Strategies
    16.12 LAP GmbH Laser Applications
    16.12.1 Overview
    16.12.2 Offerings
    16.12.3 Key Financials
    16.12.4 Business Segment & Geographic Overview
    16.12.5 Key Market Developments
    16.12.6 Key Strategies
    16.13 Aligned Vision
    16.13.1 Overview
    16.13.2 Offerings
    16.13.3 Key Financials
    16.13.4 Business Segment & Geographic Overview
    16.13.5 Key Market Developments
    16.13.6 Key Strategies
    16.14 Seiko Epson Corporation
    16.14.1 Overview
    16.14.2 Offerings
    16.14.3 Key Financials
    16.14.4 Business Segment & Geographic Overview
    16.14.5 Key Market Developments
    16.14.6 Key Strategies
    16.15 Delta Electronics
    16.15.1 Overview
    16.15.2 Offerings
    16.15.3 Key Financials
    16.15.4 Business Segment & Geographic Overview
    16.15.5 Key Market Developments
    16.15.6 Key Strategies
    16.16 Xiaomi Inc
    16.16.1 Overview
    16.16.2 Offerings
    16.16.3 Key Financials
    16.16.4 Business Segment & Geographic Overview
    16.16.5 Key Market Developments
    16.16.6 Key Strategies
    16.17 BenQ Corporation
    16.17.1 Overview
    16.17.2 Offerings
    16.17.3 Key Financials
    16.17.4 Business Segment & Geographic Overview
    16.17.5 Key Market Developments
    16.17.6 Key Strategies
    16.18 Barco NV
    16.18.1 Overview
    16.18.2 Offerings
    16.18.3 Key Financials
    16.18.4 Business Segment & Geographic Overview
    16.18.5 Key Market Developments
    16.18.6 Key Strategies
    16.19 Optoma Corporation
    16.19.1 Overview
    16.19.2 Offerings
    16.19.3 Key Financials
    16.19.4 Business Segment & Geographic Overview
    16.19.5 Key Market Developments
    16.19.6 Key Strategies