PUBLISHER: Orion Market Research | PRODUCT CODE: 1078170
PUBLISHER: Orion Market Research | PRODUCT CODE: 1078170
Global Laser Video Display Market Size, Share & Trends Analysis Report by Laser Type (Solid-State, Liquid, Gas, and Semiconductor), by Application (Consumer Electronics, Automobile Industry, Media and Entertainment, and Others), and by Display Type (TV Display, Laptop Display, Mobile Display, Camera Display, Projectors) Forecast (2022-2028)
The global laser video display market is anticipated to grow at a substantial CAGR of xx% during the forecast period.The increase in demand for in-vehicle infotainment systems is driving the growth of the laser video display market across the globe. For instance, in May 2020, Visteon Corporation provides the infotainment platform for Volkswagen Group's (VW) Nivus model for the Brazilian market. A pioneering infotainment system for enhanced in-car connectivity, streaming, and other services supported by Visteon.
The global laser video display market is segmented based on the laser type, application, and display type. Based on the laser type, the market is segmented into solid-state, liquid, gas, and semiconductor. Based on, the application the market is sub-segmented into the consumer electronics, automobile industry, and media and entertainment. Further, based on display type, the market is sub-segmented into TV displays, laptop displays, mobile displays, camera displays, and projectors. Based ondisplay type, laser TV displays and projectors are expected to hold a major market share in the global laser video display market during the forecast period. For instance, Epson has expanded its laser projector line with the launch of its new L-Series, six new compacts, powerful solutions for laser-focused learning, and impactful digital displays virtually anywhere. The new EB-L520U, EB-L630U, EB-L730U, EB-L735U, EB-L630SU, and EB-L635SU pair Epson's cutting-edge 3LCD technology with installation-friendly features and intuitive software.
Geographically the global laser video displaymarket is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The European region is expected to have a significant market share during the forecast period due to the rise in demand for large-screen video displays in providing better viewing experiences. The rising demand for laser displays for commercial and home uses mainly for entertainment and advertising purpose are the major reason for market growth in this region. The major countries that will contribute to the market are the UK, Germany, Spain, France, and Italy. For instance, in September 2020, ViewSonic Corp., a leading global provider of visual solutions, is introducing its latest All-in-One Direct View LED Displays, a brand-new addition to the large-size presentation display sector.
The major companies serving the global laser video display market include Barco NV, BenQ Corp., Dell Corp., FARO Technologies, Inc., Pangolin Laser Systems Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in December 2021,Vivo launched a new patent that hints at a hinge-less foldable phone with a laser projection keyboard.
Research Methodology
The market study of the global laser video displaymarket is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Laser Types Include
The report provides an in-depth analysis of the market size, andintended quality of the service preferred by consumers. The report will serve as a Laser Type for 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
Category-Communication and Connectivity Technology