Market Overview:
The global laser display technology market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for micro projectors, interactive tables, HUDs, AR/VR products, TVs and mobile phones. Additionally, the growing demand for laser phosphor displays (LPD) technology is also contributing to the growth of this market. However, high cost associated with lasers is restraining the growth of this market. On the basis of type, RGB & RG lasers are expected to hold a major share in the global laser display technology market during the forecast period from 2018 to 2030. This can be attributed to their superior performance as compared to other types of lasers available in this market.
Product Definition:
Laser Display Technology is a display technology that uses lasers to create images. It is important because it can create very high-resolution images and it is very efficient.
Laser Phosphor Display (LPD) Technology:
Laser phosphor display (LPD) technology is a new term in the laser display industry. It was initially used for high-quality digital signage applications and has now become an integral part of large format interactive displays as well as mobile devices such as laptops, tablets, smartphones and smartwatches. The technology offers several benefits over traditional LCD or LED panels including higher contrast ratio, faster response time and better image quality among others.
RGB & RG Lasers:
Red, green and blue are the basic colors of light that can be employed in laser display technology. The purity of these colors is essential to deliver a quality image. At present, most commercial displays use red and blue lights to produce white light for enhanced visibility.
The three primary colors can be produced by mixing any two or all three together; for instance, yellow is composed of equal parts green & red light.
Application Insights:
Based on applications, the market has been segmented into micro projectors, interactive tables, HUD/AR/VR products and television, mobile phones and other displays. Micro projectors held the largest share of over 50% in 2017. The growing demand for high-resolution images from various application areas such as architecture & construction is expected to drive the growth of this segment during the forecast period.
The interactive table segment is anticipated to witness significant growth over the forecast period owing to increasing demand for laser projection solutions in education institutions and corporate offices. Laser projection solutions are used in conference rooms or meeting halls where large scale touch screen technology would not be feasible or appropriate due to space constraints. The growing adoption of these systems at a domestic level owing to benefits such as ease of use along with enhanced picture quality is expected fuel market growth during this forecast period.
Regional Analysis:
Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising demand for large-scale events, such as sports games and concerts. The growing adoption of laser displays in retail stores for product promotion and advertising purposes is also expected to drive industry expansion over the coming years.
The North American regional market accounted for a share of more than 25% in 2017 owing to early technology adoption by major industry players coupled with high disposable income of consumers in this region. Europe accounted for a significant share due its well-established entertainment sector that has adopted these technologies early on, thereby driving revenue generation opportunities across this region.
Growth Factors:
- Increasing demand for laser display technology in the consumer electronics sector
- Rising demand from the medical and defense sectors
- Growing popularity of laser displays in digital signage applications
- Proliferation of ultra-high definition (UHD) content and devices
- Advances in optical engineering that are making smaller, more powerful lasers
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Display Technology Market Research Report
By Type
Laser Phosphor Display (LPD) Technology, RGB & RG Lasers, Laser Display Technolog
By Application
Micro Projector, Interactive Table, HUD, AR/VR Products, TV, Mobile Phone, Others
By Companies
Sony, Panasonic, Epson, Barco, LG, Mitsubishi Electric, Ushio Inc, Hisense, ChangHong, Optoma, Delta Displays, Konka, BenQ, Xiaomi, Seemile, Laser Display Technolog
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Laser Display Technology Market Report Segments:
The global Laser Display Technology market is segmented on the basis of:
Types
Laser Phosphor Display (LPD) Technology, RGB & RG Lasers, Laser Display Technolog
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Micro Projector, Interactive Table, HUD, AR/VR Products, TV, Mobile Phone, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sony
- Panasonic
- Epson
- Barco
- LG
- Mitsubishi Electric
- Ushio Inc
- Hisense
- ChangHong
- Optoma
- Delta Displays
- Konka
- BenQ
- Xiaomi
- Seemile
- Laser Display Technolog
Highlights of The Laser Display Technology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Laser Phosphor Display (LPD) Technology
- RGB & RG Lasers
- Laser Display Technolog
- By Application:
- Micro Projector
- Interactive Table
- HUD
- AR/VR Products
- TV
- Mobile Phone
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laser Display Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Laser Display Technology is a display technology that uses lasers to create images on a screen.
Some of the major companies in the laser display technology market are Sony, Panasonic, Epson, Barco, LG, Mitsubishi Electric, Ushio Inc, Hisense, ChangHong, Optoma, Delta Displays, Konka, BenQ, Xiaomi, Seemile, Laser Display Technolog.
The laser display technology market is expected to register a CAGR of 9.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laser Display Technology Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Laser Display Technology Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laser Display Technology Market - Supply Chain
4.5. Global Laser Display Technology Market Forecast
4.5.1. Laser Display Technology Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laser Display Technology Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laser Display Technology Market Absolute $ Opportunity
5. Global Laser Display Technology Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Laser Display Technology Market Size and Volume Forecast by Type
5.3.1. Laser Phosphor Display (LPD) Technology
5.3.2. RGB & RG Lasers
5.3.3. Laser Display Technolog
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laser Display Technology Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Laser Display Technology Market Size and Volume Forecast by Application
6.3.1. Micro Projector
6.3.2. Interactive Table
6.3.3. HUD
6.3.4. AR/VR Products
6.3.5. TV
6.3.6. Mobile Phone
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laser Display Technology Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Laser Display Technology Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Laser Display Technology Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Laser Display Technology Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Laser Display Technology Demand Share Forecast, 2019-2026
9. North America Laser Display Technology Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Laser Display Technology Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Laser Display Technology Market Size and Volume Forecast by Application
9.4.1. Micro Projector
9.4.2. Interactive Table
9.4.3. HUD
9.4.4. AR/VR Products
9.4.5. TV
9.4.6. Mobile Phone
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laser Display Technology Market Size and Volume Forecast by Type
9.7.1. Laser Phosphor Display (LPD) Technology
9.7.2. RGB & RG Lasers
9.7.3. Laser Display Technolog
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Laser Display Technology Demand Share Forecast, 2019-2026
10. Latin America Laser Display Technology Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Laser Display Technology Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Laser Display Technology Market Size and Volume Forecast by Application
10.4.1. Micro Projector
10.4.2. Interactive Table
10.4.3. HUD
10.4.4. AR/VR Products
10.4.5. TV
10.4.6. Mobile Phone
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laser Display Technology Market Size and Volume Forecast by Type
10.7.1. Laser Phosphor Display (LPD) Technology
10.7.2. RGB & RG Lasers
10.7.3. Laser Display Technolog
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Laser Display Technology Demand Share Forecast, 2019-2026
11. Europe Laser Display Technology Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Laser Display Technology Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Laser Display Technology Market Size and Volume Forecast by Application
11.4.1. Micro Projector
11.4.2. Interactive Table
11.4.3. HUD
11.4.4. AR/VR Products
11.4.5. TV
11.4.6. Mobile Phone
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laser Display Technology Market Size and Volume Forecast by Type
11.7.1. Laser Phosphor Display (LPD) Technology
11.7.2. RGB & RG Lasers
11.7.3. Laser Display Technolog
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Laser Display Technology Demand Share, 2019-2026
12. Asia Pacific Laser Display Technology Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Laser Display Technology Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Laser Display Technology Market Size and Volume Forecast by Application
12.4.1. Micro Projector
12.4.2. Interactive Table
12.4.3. HUD
12.4.4. AR/VR Products
12.4.5. TV
12.4.6. Mobile Phone
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laser Display Technology Market Size and Volume Forecast by Type
12.7.1. Laser Phosphor Display (LPD) Technology
12.7.2. RGB & RG Lasers
12.7.3. Laser Display Technolog
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Laser Display Technology Demand Share, 2019-2026
13. Middle East & Africa Laser Display Technology Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Laser Display Technology Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Laser Display Technology Market Size and Volume Forecast by Application
13.4.1. Micro Projector
13.4.2. Interactive Table
13.4.3. HUD
13.4.4. AR/VR Products
13.4.5. TV
13.4.6. Mobile Phone
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laser Display Technology Market Size and Volume Forecast by Type
13.7.1. Laser Phosphor Display (LPD) Technology
13.7.2. RGB & RG Lasers
13.7.3. Laser Display Technolog
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Laser Display Technology Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laser Display Technology Market: Market Share Analysis
14.2. Laser Display Technology Distributors and Customers
14.3. Laser Display Technology Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sony
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Panasonic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Epson
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Barco
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mitsubishi Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ushio Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hisense
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ChangHong
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Optoma
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Delta Displays
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Konka
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. BenQ
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Xiaomi
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Seemile
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Laser Display Technolog
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
