New Study from StrategyR Highlights a $14.3 Billion Global Market for Laser Projection by 2026

SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Laser Projection - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 7; Released: April 2021
Executive Pool: 639
Companies: 12 - Players covered include Barco NV; BenQ Corporation; Canon, Inc.; Casio Computer Co., Ltd.; Christie Digital Systems USA, Inc.; Dell EMC; Delta Electronics, Inc.; Digital Projection Ltd.; FARO Technologies, Inc.; Hitachi Digital Media Group; LAP GmbH Laser Applikationen; LG Electronics, Inc.; NEC Display Solutions Ltd.; Optoma Corp.; Panasonic Corporation; Ricoh Co., Ltd.; Seiko Epson Corporation; Sony Corporation; ViewSonic Corporation; Xiaomi Singapore Pte. Ltd. and Others.
Coverage: All major geographies and key segments
Segments: Product Type (Laser Projector, CAD Laser Projection System); Vertical (Enterprise, Public Places, Cinema, Education, Other Verticals)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Laser Projection Market to Reach $14.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Laser Projection estimated at US$5.3 Billion in the year 2020, is projected to reach a revised size of US$14.3 Billion by 2026, growing at a CAGR of 17.9% over the analysis period. Laser Projector, one of the segments analyzed in the report, is projected to record a 18.4% CAGR and reach US$10.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the CAD Laser Projection System segment is readjusted to a revised 17% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.9 Billion in 2021, While China is Forecast to Reach $2.5 Billion by 2026
The Laser Projection market in the U.S. is estimated at US$1.9 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2026 trailing a CAGR of 17.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.1% and 15.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 13.1% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.