Market Research Report
Global Laser Video Display Market Research and Forecast, 2018-2023
|Published by||Orion Market Research Pvt Ltd||Product code||748465|
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|Global Laser Video Display Market Research and Forecast, 2018-2023|
|Published: October 9, 2018||Content info:||
Laser video displays are capable of wide color expression and varieties that can be formed by choosing the wavelength of laser sources design. It forms images by using three distinct wavelengths red, green and blue. Global laser video display market is expected to witness a significant growth rate during the forecast period (2018-2023). Factors motivating the growth of this market include the increase in demand for large displays and for various digital advertising of products at shopping malls, airports and coffee shops. The high cost of laser video displays is one of the major restraining factors which hinder the growth of this market. However, the rise in demand of virtual reality, 3D holographic displays and better viewing experience displays as compared to conventional displays are creating enormous opportunities for the market in near future.
Geographically laser video display market is divided into North America, Europe, Asia Pacific (APAC) and rest of the world (RoW). APAC region has the largest market share for laser video display due to the presence of a large number of laser display manufacturer in the region. North America is expected to have a significant market share due to a rise in demand of large-screen video display in providing better viewing experiences. Europe is expected to have a lucrative growth in this market. The rising demand for laser display for commercial and home uses mainly for entertainment and advertising purpose are the major reasons for market growth in this region. The major countries that will contribute to the market are the UK, Germany, Spain, France, and Italy.
The global players in the laser video display market include Samsung, Sony, LG, Hitachi, Toshiba. The strategy adopted in these companies are continuous investments in R&D which made them progress over the past several years in producing better displays. Continuous improvement on laser video display sensors helps the market player to offers high-value products at low-cost. To sustain in the market, these players adopt few strategies such as merger & acquisition, collaboration & partnership, product launch and so on. For instance, in January 2018 LG launched LG HU80KA a new laser projector which enables in better viewing experience with 4K video quality.
The market study of global laser video display market 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 in various segments, derive 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, 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, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in our reports.
The report is intended for display manufacturers, investment companies, government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of pricing, market size, intended quality of the product preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating with delivering insights into the market for better business decisions.
Global Laser video display market is segmented on the basis of regional outlook and following segments: