Laser Projection Market Analysis, Emerging Trends and Forecast 2023
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