The Asia-Pacific laser projection market is projected to witness CAGR of 18.1%, growth during the forecast period. The major factors contributing to the growth of the market include the presence of the largest producer of electronic devices and components ‘China’, and the presence of key market players in the region, such as NEC Corp., Panasonic Corp., Sony Corp., and Casio Computer Co., Ltd. However, the outbreak of COVID-19 pandemic will certainly hamper the Asia-Pacific sales of laser projection in Asia-Pacific in 2020.
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The laser projection market is classified on the basis of illumination type, resolution, and end-users. Based on the illumination type, the market is segmented into laser phosphor, RGB laser, laser diode, and hybrid illumination. Based on the resolution, the market is segmented into WUXGA, WQXGA, and 2K, WXGA &XGA, 4K, HD, and Full HD. Based on end-users, the market is classified into education, enterprises, media and entertainment, retail, and others (public places and industrial). Among these end-users, the retail and education segments will project a considerable CAGR in the laser projection market during the forecast period.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Asia-Pacific Laser Projection Market – Segmentation
By Illumination Type
- Laser Phosphor
- RGB Laser
- Laser Diode
- Hybrid Illumination
By Resolution
- WUXGA, WQXGA, and 2K
- WXGA & XGA
- 4K
- HD and Full HD
By End-Users
- Education
- Enterprises
- Media and Entertainment
- Retail
- Others
Asia-Pacific Laser Projection Market – Segmentation by Geography
- China
- India
- Japan
- Rest of Asia-Pacific
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