Semiconductor and Electronic Survey

According to a study titled " Laser Projection Market   by Product Type (Laser Projector and CAD Laser Projection System), Illumination Type (Laser Phosphor, Hybrid, RGB Laser, Laser Diode), Vertical (Enterprise, Public Places, Cinema, Education), and Geography - Global Forecast to 2023," the market's overall value is predicted to be USD 4.57 billion in 2018 and to reach USD 10.53 billion by 2023, at a CAGR of 18.2% between 2018 and 2023.  The market for laser projection is expected to increase as a result of the significant benefits that laser projectors have over conventional bulb projectors and the growing use of laser projection technology in a variety of applications.  During the forecast period, laser phosphor projector is anticipated to hold a significant market share. In 2018, the laser phosphor projector is anticipated to command the market. Laser phosphor projectors are the best choice for high-use environments including boardrooms, classrooms, places of worship

By 2023, the   Laser Projection Market   is anticipated to be worth USD 10.53 billion, growing at a CAGR of 18.2% from 2018 to 2023. During the forecast period, there are projected to be considerable development possibilities for participants in the laser projection market due to the increasing demand for high-brightness projectors and RGB laser projectors in theatres. The substantial advantages of laser projectors over conventional bulb projectors are the main reason propelling the growth of the laser projection market. Between 2015 and 2018, major players in the laser projection market mostly used product launches and developments, joint ventures, partnerships/agreements/collaborations, and contracts as their primary business models. These tactics have been used by businesses like Panasonic (Japan), Sony (Japan), Epson (Japan), Barco (Belgium), and NEC Display Solutions (Japan) to increase their customer base and diversify their product offerings. Download PDF Brochure @  https://www