Global Industrial Laser Projection System Market Growth 2023-2029

Global Industrial Laser Projection System Market Growth 2023-2029

The global Industrial Laser Projection System market size is projected to grow from US$ 182.9 million in 2022 to US$ 246.5 million in 2029; it is expected to grow at a CAGR of 246.5 from 2023 to 2029.

The key global manufacturers of industrial laser projection systems are Virtek, Faro Technologies, LAP GmbH, EXTEND3D, Sl-laser, etc. The top three manufacturers occupy about 50% of the market share, among which the largest manufacturer is Virtek. Global industrial laser projection systems production regions are mainly located in North America, Europe, Japan, China, etc. In terms of product categories, 3D systems have a higher market share of more than 70%, while 2D systems have a lower share. In terms of applications, industrial laser projection systems are mainly used in the aerospace, automotive and construction sectors, with the aerospace sector accounting for the highest market share of 35.53%, while the architecture is growing faster with a CAGR of 5.77%.

Industrial laser projection systems are devices that send out a beam of laser light that projects onto a surface an exact projected image from a 2D or 3D CAD file of information. Projection systems help manufacturers to improve efficiency and accuracy in their assembly operations, leading to higher productivity and improved product quality. Whether it’s in the aerospace sector with carbon-fibre lay-ups, the timber roof, and wall truss sector, the tilt-wall concrete industry, or in general industry assembly operations, there is a laser projection system that adds value to almost any industrial assembly operation.

LPI (LP Information)' newest research report, the “Industrial Laser Projection System Industry Forecast” looks at past sales and reviews total world Industrial Laser Projection System sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Laser Projection System sales for 2023 through 2029. With Industrial Laser Projection System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Laser Projection System industry.

This Insight Report provides a comprehensive analysis of the global Industrial Laser Projection System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Laser Projection System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Laser Projection System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Laser Projection System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Laser Projection System.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Laser Projection System market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
2D System
3D System

Segmentation by application
Aerospace
Architecture
Material
Automobile
Electrical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Virtek
Faro Technologies
LAP GmbH
EXTEND3D
Sl-laser
Z-LASER
Delta Lasers
Aligned Vision
MediaLas Electronics
DreiDTek

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Laser Projection System market?

What factors are driving Industrial Laser Projection System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Laser Projection System market opportunities vary by end market size?

How does Industrial Laser Projection System break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.