The global laser projection market is projected to grow at a significant CAGR of around 17.2%, during the forecast period (2020-2026). There are several pivotal factors that are driving growth of the laser projection market includes radial shift in retail marketing with the increasing trend for audio and visual marketing solutions. The deployment of laser projections is increasing at a considerable rate in the retail application, including shopping malls, exhibitions, advertisement boards, and others. This is making the retail spaces even brighter, eye-catching in-store displays, which in turn, is assisting the retail sectors to cater the high competition in the retail industry.
Browse the full report description Global Laser Projection Market Size, Share & Trends Analysis Report by Illumination Type (Laser Phosphor, RGB Laser, Laser Diode, and Hybrid Illumination), by Resolution (WUXGA, WQXGA, and 2K, WXGA &XGA, 4K, and HD and Full HD), by End-Users (Education, Enterprises, Media and Entertainment, Retail, and Others) and Forecast 2020-2026 at https://www.omrglobal.com/industry-reports/laser-projection-market
The shopping malls are deploying laser projection and transforming the conventional brick-and-mortar venues into a captivating showroom, by converting visually any surface, including glass window and concrete walls. The laser projection reduces the cost of video marketing as compared to digital signage, as the store owner need not have to change the physical dynamics of the store, and can efficiently use the plain walls, ceilings, and floors, with just the deployment of laser projectors. This concept of laser projection is rising rapidly in the developed economies, and a relatively slowly in emerging and underdeveloped economies. Therefore, a considerable growth can be projected in the laser projection market due to its rising application in retail sector, during the forecast period.
Market Coverage
|
Report
Elements |
Details |
|
Study
Period |
2019-2026 |
|
Base
year |
2019 |
|
Forecast
period |
2020-2026 |
|
Segments
Covered |
By Illumination Type, by Resolution, and
by End-Users |
|
Regions
Covered |
North America (US
and Canada), Europe (UK, Germany, France, Italy, Spain, and RoE),
Asia-Pacific (China, India, Japan, and Rest of Asia-Pacific), and Rest of the
World |
|
Key
Companies Profiled |
Barco
NV, NEC Corp., Panasonic Corp., Sony Corp., and Seiko Epson Corp. |
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID-19 forecast
o Most affected region/segment
o Recommendations
Global Laser Projection Market – Segmentation
By Illumination Type
By Resolution
By End-Users
Global Laser Projection Market – Segmentation by Geography
North America
Europe
Asia-Pacific
Rest of the World
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