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 acquir...