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

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Date: 10-Jul-2018
No. of pages: 145
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Laser projection market to grow at a CAGR of 18.2% between 2018 and 2023

The laser projection market is expected to be worth USD 4.57 billion in 2018 and is projected to reach USD 10.53 billion by 2023, at a CAGR of 18.2% between 2018 and 2023. Significant advantages of laser projectors over traditional lamp projectors, increasing adoption of laser projection technology for various applications, and less maintenance cost are some of the driving factors for the growth of the laser projection market. However, high initial cost of laser projectors for higher lumen restrains the growth of the laser projection market.

Market for laser phosphor projector to grow at highest CAGR during forecast period

The market for laser phosphor projector is expected to grow at the highest CAGR between 2018 and 2023. Laser phosphor projectors have several advantages over lamp-based projectors; some of these are longer lifespan, reduced downtime, and lower maintenance costs. The long life and low maintenance of laser phosphor projectors make them ideal for high-use settings, such as boardrooms, classrooms, houses of worship, museums, and location-based entertainment venues. Also, there is an increasing adoption of RGB laser projectors, especially in the large-screen professional cinema application.

Enterprise to hold largest share of laser projection market in 2018

The enterprise vertical is expected to hold the largest share of the laser projection market in 2018.Laser projectors are widely used in conference rooms, boardrooms, executive briefing rooms or meeting rooms, and government offices, among others. Public organizations and government bodies use laser projectors for briefing and providing people ancillary information at meetings. Enterprises require laser projectors in training rooms, conference rooms, meeting rooms, etc., to provide information to employees.

Laser projection market in APAC to grow at highest CAGR during forecast period

The laser projection market in APAC is expected to grow at the highest CAGR between 2018 and 2023. APAC is the leading laser projection market for education and cinema segments, with major demand driven by countries such as China and India. Growing number of cinema screens and increasing penetration of laser projectors in cinema; increasing spending on consumer electronics; and the introduction of low-cost projectors in China drive the laser projection market.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews have been conducted with people holding key positions across several regions. The breakup of the profiles of primary participants is given below:


  • By Company Type: Tier 1 – 40%, Tier 2 – 36%, and Tier 3 – 24%

  • By Designation: C-Level Executives – 42%, Directors– 32%, and Others – 26%

  • By Region: North America–32%, Europe – 17%, APAC – 43%, and RoW –8%


Major players operating in the laser projection market and profiled in this report are Panasonic Corporation (Japan), Sony Corporation (Japan), Seiko Epson Corporation (Japan), Barco NV (Belgium), NEC Display Solutions (Japan), BenQ Corporation (Taiwan), Casio Computer Co., Ltd. (Japan), Delta Electronics Industry Co., Ltd. (Taiwan), Optoma Corporation (US), and Ricoh Company, Ltd. (Japan). The report also includes the profiles of companies such as Canon Inc. (Japan), Christie Digital Systems (US), Digital Projection (UK), Dell (US), FARO Technologies, Inc. (US), Hitachi Digital Media Group (UK), LAP GmbH Laser Applikationen (Germany), LG (South Korea), ViewSonic Corporation (US), and Xiaomi Inc. (China).

Research Coverage

The report defines, describes, and forecasts the laser projection market on the basis of product type, illumination type, resolution, vertical, and geography. It provides detailed information regarding major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the laser projection market. It also analyzes competitive developments such as product launches and developments; and collaborations/agreements/contracts/partnerships carried out by key players to achieve growth in the market.

Reasons to Buy This Report:


  • Illustrative segmentation, analysis, and forecast pertaining to the laser projection market based on product type, illumination type, resolution, vertical, and geography have been conducted to provide an overall view of the market.

  • Major drivers, restraints, opportunities, and challenges pertaining to the laser projection market have been detailed in this report.

  • A detailed competitive landscape of key players in the market, along with their revenues, has been included.

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

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for This Study
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Data From Primary Sources
2.1.2.4 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing Market Size By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Laser Projection Market (2018–2023)
4.2 Laser Projector Market, By Illumination Type
4.3 Laser Projection Market, By Vertical and Region
4.4 Laser Projection Market Geographic Snapshot

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Significant Advantages of Laser Projectors Over Traditional Lamp Projectors
5.2.1.2 Increasing Adoption of Laser Projection Technology for Various Applications
5.2.1.3 Less Maintenance Cost/Total Cost of Ownership
5.2.2 Restraints
5.2.2.1 High Initial Cost of Laser Projectors for Higher Lumen
5.2.3 Opportunities
5.2.3.1 Growing Demand for RGB Laser Projectors in Cinema
5.2.3.2 Rising Demand for High-Brightness Projectors
5.2.4 Challenges
5.2.4.1 Operational Challenges for Low End Models
5.3 Laser Projector Application
5.3.1 Display
5.3.2 Augmented Reality and Virtual Reality

6 Laser Projection Market, By Product Type
6.1 Introduction
6.2 Laser Projector
6.3 CAD Laser Projection System

7 Laser Projection Market, By Illumination Type
7.1 Introduction
7.2 Laser Phosphor
7.3 Hybrid (Laser and LED)
7.4 RGB Laser
7.5 Laser Diode

8 Laser Projection Market, By Resolution
8.1 Introduction
8.2 WUXGA, WQXGA, and 2K
8.3 4K
8.4 XGA and WXGA
8.5 HD and Full HD
8.6 Others

9 Laser Projection Market, By Vertical
9.1 Introduction
9.2 Enterprise
9.3 Public Places
9.4 Cinema
9.5 Education
9.6 Retail
9.7 Industrial
9.8 Medical

10 Laser Projection Market, Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Rest of APAC
10.5 RoW
10.5.1 South & Central America
10.5.2 Middle East & Africa

11 Competitive Landscape
11.1 Introduction
11.2 Market Player Ranking Analysis (2017)
11.2.1 Product Launches
11.2.2 Partnerships and Contracts

12 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
12.1 Key Players
12.1.1 Panasonic
12.1.2 Sony
12.1.3 Epson
12.1.4 Barco
12.1.5 NEC Display Solutions
12.1.6 Benq
12.1.7 Casio
12.1.8 Delta Electronics
12.1.9 Optoma
12.1.10 Ricoh Company
12.2 Other Key Companies
12.2.1 Canon
12.2.2 Christie Digital Systems
12.2.3 Digital Projection
12.2.4 Dell
12.2.5 Faro
12.2.6 Hitachi Digital
12.2.7 Lap GmbH
12.2.8 LG
12.2.9 Viewsonic
12.2.10 Xiaomi

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights From Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables

Table 1 Laser Projection Market, By Product Type, 2015–2023 (USD Million)
Table 2 Laser Projector Market Size in Terms of Value and Volume, 2015-2023
Table 3 Laser Projector Market, By Vertical, 2015–2023 (USD Million)
Table 4 CAD Laser Projection System Market, By Vertical, 2015–2023 (USD Million)
Table 5 Laser Projector Market, By Illumination Type, 2015–2023 (USD Million)
Table 6 Laser Phosphor Projector Market, By Resolution, 2015–2023 (USD Million)
Table 7 Hybrid Laser Projector Market, By Resolution, 2015–2023 (USD Million)
Table 8 RGB Laser Projector Market, By Resolution, 2015–2023 (USD Million)
Table 9 Laser Projector Market for Laser Diode, By Resolution, 2015–2023 (USD Million)
Table 10 Laser Projection Market, By Resolution, 2015–2023 (USD Million)
Table 11 Laser Projection Market for WUXGA, WQXGA, and 2K, By Illumination Type, 2015–2023 (USD Million)
Table 12 Laser Projection Market for 4K, By Illumination Type, 2015–2023 (USD Million)
Table 13 Laser Projection Market for XGA and WXGA, By Illumination Type, 2015–2023 (USD Million)
Table 14 Laser Projection Market for HD and Full HD, By Illumination Type, 2015–2023 (USD Million)
Table 15 Laser Projection Market for Others, By Illumination Type, 2015–2023 (USD Million)
Table 16 Laser Projection Market, By Vertical, 2015–2023 (USD Million)
Table 17 Laser Projection Market for Enterprise, By Region, 2015–2023 (USD Million)
Table 18 Laser Projection Market for Enterprise in North America, By Country, 2015–2023 (USD Million)
Table 19 Laser Projection Market for Enterprise in Europe, By Country, 2015–2023 (USD Million)
Table 20 Laser Projection Market for Enterprise in APAC, By Country, 2015–2023 (USD Million)
Table 21 Laser Projection Market for Enterprise in RoW, By Region, 2015–2023 (USD Million)
Table 22 Laser Projection Market for Public Places, By Region, 2015–2023 (USD Million)
Table 23 Laser Projection Market for Public Places in North America, By Country, 2015–2023 (USD Million)
Table 24 Laser Projection Market for Public Places in Europe, By Country, 2015–2023 (USD Million)
Table 25 Laser Projection Market for Public Places in APAC, By Country, 2015–2023 (USD Million)
Table 26 Laser Projection Market for Public Places in RoW, By Region, 2015–2023 (USD Million)
Table 27 Laser Projection Market for Cinema, By Region, 2015–2023 (USD Million)
Table 28 Laser Projection Market for Cinema in North America, By Country, 2015–2023 (USD Million)
Table 29 Laser Projection Market for Cinema in Europe, By Country, 2015–2023 (USD Million)
Table 30 Laser Projection Market for Cinema in APAC, By Country, 2015–2023 (USD Million)
Table 31 Laser Projection Market for Cinema in RoW, By Region, 2015–2023 (USD Million)
Table 32 Laser Projection Market for Education, By Region, 2015–2023 (USD Million)
Table 33 Laser Projection Market for Education in North America, By Country, 2015–2023 (USD Million)
Table 34 Laser Projection Market for Education in Europe, By Country, 2015–2023 (USD Million)
Table 35 Laser Projection Market for Education in APAC, By Country, 2015–2023 (USD Million)
Table 36 Laser Projection Market for Education in RoW, By Region, 2015–2023 (USD Million)
Table 37 Laser Projection Market for Retail, By Region, 2015–2023 (USD Million)
Table 38 Laser Projection Market for Retail in North America, By Country, 2015–2023 (USD Million)
Table 39 Laser Projection Market for Retail in Europe, By Country, 2015–2023 (USD Million)
Table 40 Laser Projection Market for Retail in APAC, By Country, 2015–2023 (USD Million)
Table 41 Laser Projection Market for Retail in RoW, By Region, 2015–2023 (USD Million)
Table 42 Laser Projection Market for Industrial, By Region, 2015–2023 (USD Million)
Table 43 Laser Projection Market for Industrial in North America, By Country, 2015–2023 (USD Million)
Table 44 Laser Projection Market for Industrial in Europe, By Country, 2015–2023 (USD Million)
Table 45 Laser Projection Market for Industrial in APAC, By Country, 2015–2023 (USD Million)
Table 46 Laser Projection Market for Industrial in RoW, By Region, 2015–2023 (USD Million)
Table 47 Laser Projection Market for Medical, By Region, 2015–2023 (USD Million)
Table 48 Laser Projection Market for Medical in North America, By Country, 2015–2023 (USD Million)
Table 49 Laser Projection Market for Medical in Europe, By Country, 2015–2023 (USD Million)
Table 50 Laser Projection Market for Medical in APAC, By Country, 2015–2023 (USD Million)
Table 51 Laser Projection Market for Medical in RoW, By Region, 2015–2023 (USD Million)
Table 52 Laser Projection Market, By Region, 2015–2023 (USD Million)
Table 53 Laser Projection Market in North America, By Country, 2015–2023 (USD Million)
Table 54 Laser Projection Market in North America, By Vertical, 2015–2023 (USD Million)
Table 55 Laser Projection Market in Europe, By Country, 2015–2023 (USD Million)
Table 56 Laser Projection Market in Europe, By Vertical, 2015–2023 (USD Million)
Table 57 Laser Projection Market in APAC, By Country, 2015–2023 (USD Million)
Table 58 Laser Projection Market in APAC, By Vertical, 2015–2023 (USD Million)
Table 59 Laser Projection Market in RoW, By Region, 2015–2023 (USD Million)
Table 60 Laser Projection Market in RoW, By Vertical, 2015–2023 (USD Million)
Table 61 Ranking of Players (2017)
Table 62 Product Launches (2017 and 2018)
Table 63 Partnerships and Contracts (2016–2017)

List of Figures

Figure 1 Laser Projection Market Segmentation
Figure 2 Laser Projection Market: Process Flow of Market Size Estimation
Figure 3 Laser Projection Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Assumptions for Research Study
Figure 8 Laser Projector to Lead the Market During Forecast Period
Figure 9 Laser Phosphor Projector to Dominate Market During Forecast Period
Figure 10 Laser Projection Market for 4K to Grow at Highest CAGR During Forecast Period
Figure 11 Laser Projection Market for Cinema to Grow at Highest CAGR Between 2018 and 2023
Figure 12 Laser Projection Market to Grow at Highest CAGR in APAC During Forecast Period
Figure 13 Attractive Opportunities for Laser Projection Market Growth Between 2018 and 2023
Figure 14 Market for Laser Phosphor to Grow at Highest CAGR During Forecast Period
Figure 15 Enterprise and North America Held Major Share of Laser Projection Market in 2017
Figure 16 Laser Projection Market to Grow at Highest CAGR in China During Forecast Period
Figure 17 Increasing Demand for Laser Projectors Over Traditional Lamp Projectors Driving Market Growth
Figure 18 Market for Laser Projector to Grow at Higher CAGR During Forecast Period
Figure 19 The Laser Projector Market for Cinema Expected to Grow at Highest CAGR During the Forecast Period
Figure 20 CAD Laser Projection System Market for Aerospace & Defense to Grow at Highest CAGR During Forecast Period
Figure 21 Laser Phosphor Projector to Dominate the Market During Forecast Period
Figure 22 4K to Dominate Laser Phosphor Projector Market During Forecast Period
Figure 23 WUXGA, WQXGA and 2K to Hold Largest Size of Hybrid Laser Projector Market By 2023
Figure 24 4K to Dominate RGB Laser Projector Market During Forecast Period
Figure 25 Laser Projection Market for 4K to Grow at Highest CAGR During Forecast Period
Figure 26 Laser Phosphor to Dominate Laser Projection Market for WUXGA, WQXGA, and 2K By Illumination Type During Forecast Period
Figure 27 Laser Phosphor to Dominate Laser Projection Market for 4K During Forecast Period
Figure 28 Laser Phosphor Projector to Dominate Market for XGA and WXGA Resolution During Forecast Period
Figure 29 Laser Phosphor Market to Grow at Highest CAGR for Other Resolution During Forecast Period
Figure 30 Enterprise to Account for Largest Size of Laser Projection Market By 2023
Figure 31 Laser Projection Market for Enterprise to Grow at Highest CAGR in APAC During Forecast Period
Figure 32 Laser Projection Market for Public Places to Grow at Highest CAGR in APAC During Forecast Period
Figure 33 Laser Projection Market for Cinema to Grow at Highest CAGR in APAC During Forecast Period
Figure 34 Laser Projection Market for Retail to Grow at Highest CAGR in APAC During Forecast Period
Figure 35 APAC to Lead Industrial Laser Projection Market By 2023
Figure 36 APAC to Dominate Laser Projection Market for Medical During the Forecast Period
Figure 37 Laser Projection Market to Grow at Highest CAGR in China During Forecast Period
Figure 38 Laser Projection Market to Grow at Highest CAGR in APAC During Forecast Period
Figure 39 Laser Projection Market Snapshot: North America
Figure 40 North American Laser Projection Market to Grow at Highest CAGR in US During Forecast Period
Figure 41 Laser Projection Market Snapshot: Europe
Figure 42 Germany to Lead European Laser Projection Market During Forecast Period
Figure 43 Laser Projection Market Snapshot: APAC
Figure 44 China to Lead Laser Projection Market in APAC During Forecast Period
Figure 45 RoW Laser Projection Market to Grow at Higher CAGR in South & Central America During Forecast Period
Figure 46 Organic and Inorganic Strategies Adopted By Companies Operating in Laser Projection Market (2015–2018)
Figure 47 Panasonic: Company Snapshot
Figure 48 Sony: Company Snapshot
Figure 49 Epson: Company Snapshot
Figure 50 Barco: Company Snapshot
Figure 51 Casio: Company Snapshot
Figure 52 Delta Electronics: Company Snapshot
Figure 53 Ricoh Company: Company Snapshot

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