Laser Projection Market 2024-2028
The laser projection market is forecasted to grow by USD 8855.1 mn during 2023-2028, accelerating at a CAGR of 20.6% during the forecast period. The report on the laser projection market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by better color and accuracy of laser projection, lower operating costs of laser projection, and increasing spending on education by government.
Technavio's laser projection market is segmented as below:
- By Product Type
- Laser projector
- CAD laser projection
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the rapid technological advancements in electronic devices as one of the prime reasons driving the laser projection market growth during the next few years. Also, high demand for laser projections in education industry and better brightness uniformity over a lifetime will lead to sizable demand in the market.
The report on the laser projection market covers the following areas:
- Laser Projection Market sizing
- Laser Projection Market forecast
- Laser Projection Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading laser projection market vendors that include Barco NV, Canon Inc., CASIO Computer Co. Ltd., Coretronic Corp., Dell Technologies Inc., Delta Electronics Inc., FARO Technologies Inc., Hitachi Ltd., Hutchinson Manufacturing, LAP GmbH Laser Applikationen, LG Corp., Panasonic Holdings Corp., Qisda Corp., Ricoh Co. Ltd., Seiko Epson Corp., Sharp Corp., Sony Group Corp., Ushio Inc., ViewSonic Corp., and Xiaomi Inc. Also, the laser projection market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.