India laser projection market is projected to grow at a significant CAGR of around 18.4%, during the forecast period (2020-2026). There are several pivotal factors that are driving growth of the laser projection market in the country includes the expansion of large enterprises in the country along with the rising trend for digital learning in the educational institutes in the country. Digital learning is expected to be an evolved learning system in schools, colleges in the country. The Indian government is planning to deploy a laser projector in the government college classrooms, to drive the mission of ‘Digital India’ a step ahead.
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Therefore, the market players are gradually introducing their products in the country, realizing the future potential growth in the country. The key market players have their presence in India includes LG Electronics, Seiko Epson Corp., Canon Inc., Casio Computer Co., Ltd., and Barco NV. These market players are concentrating in capturing the emerging sectors of the market, such as the education and the retail sector. The contribution of the government in improving the educational sector of the country is further expected to increase the demand for laser projectors in India during the forecast period.
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India 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
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
