Laser Projection Market Analysis By Global Industry Size, Share, Trends, Opportunity and Forecast 2024

Global Laser Projection market is anticipated to reach over USD 10 Billion, growing at a CAGR of over 18% during the forecast period, due to the rising applications of Laser Projection technology and increasing preference for laser projectors when compared with traditional lamp projectors. Based on the illumination type, the market has been bifurcated into Laser Phosphor, Hybrid, RGB Laser and Laser Diode. Owing to the features, such as low cost and lesser maintenance, the laser phosphor projector is anticipated to acquire major share in the forecast period.

Based on the product type, the market has been segmented into Laser Projector and CAD Laser Projection System. The demand for laser projector is expected to increase due to high picture quality and increasing number of cinemas adopting digital projectors.

On the basis of resolution, the market has been segmented into WUXGA, WQXGA, & 2K, 4K, WXGA & XGA, HD & Full HD and Others. The 4K laser segment is expected to acquire the major share during the forecast period due to the increasing demand for high intensity brightness and improved picture quality for numerous applications.

Cinema segment anticipated to grow at the highest CAGR in the forecast period

On the basis of end user industry, the market has been segmented into Enterprise, Public Places, Cinema, Education, Retail, Medical and Industrial. Advancements in the projection technology and increasing number of cinema screens are expected to contribute to the growth of the Cinema segment during the forecast period.

Geographically, the market has been segmented into Asia Pacific, North America, South America and Middle East & Africa and Europe. Asia Pacific is anticipated to acquire the major share during the forecast period due to the development of education sector to provide smart education to students.

Years considered for this report:

Historical Years: 2014-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2024

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Objective of the Study:

  • To analyse and forecast the market size of Global Laser Projection Market, in terms of value.
  • To classify and forecast Global Laser Projection Market based on product type, illumination type, resolution, end user industry and regional distribution.
  • To identify drivers and challenges for Global Laser Projection Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Laser Projection Market.
  • To conduct the pricing analysis for Global Laser Projection Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Laser Projection.


Some of the leading players in the Global Laser Projection Market are Panasonic, Sony, Epson, Barco, NEC Display Solutions, BenQ, Casio, Optoma, Delta Electronics, and Ricoh Company.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.

TechSci Research calculated the market size of Global Laser Projection Market using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.


Key Target Audience:

  • Projector Manufacturers
  • Component and material providers
  • Suppliers and Distributors
  • End Users
  • Market Research Firms
  • Government Institutions
  • Industry associations and experts
  • Potential Investors
  • Research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Laser Projection Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Product Type:
    • Laser Projector
    • CAD Laser Projection System
  • Market, By Illumination Type:
    • Laser Phosphor
    • Hybrid
    • RGB Laser
    • Laser Diode
  • Market, By Resolution:
    • WUXGA, WQXGA, & 2K
    • 4K
    • WXGA & XGA
    • HD & Full HD
    • Others
  • Market, By End User Industry:
    • Enterprise
    • Public Places
    • Cinema
    • Education
    • Retail
    • Medical
    • Industrial
  • Market, By Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • Australia
      • New Zealand
      • South Korea
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Russia
      • Netherlands
      • Poland
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Chile
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Laser Projection Market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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