Asia-Pacific Laser Projection Market to Witness Growth Acceleration by 2031
Asia-Pacific Laser Projection Market to Witness Growth Acceleration by 2031
Blog Article
The Asia-Pacific laser projection market is projected to witness CAGR of 18.1%, growth during the forecast period. The major factors contributing to the growth of the market include the presence of the largest producer of electronic devices and components ‘China’, and the presence of key market players in the region, such as NEC Corp., Panasonic Corp., Sony Corp., and Casio Computer Co., Ltd. However, the outbreak of COVID-19 pandemic will certainly hamper the Asia-Pacific sales of laser projection in Asia-Pacific in 2020.
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Geographically, the Asia-Pacific laser projection market is segmented into China, India, Japan, and Rest of Asia-Pacific. China contributes over 35.0% in the Asia-Pacific laser projection market and is expected to retain at its position during the forecast period. China and Japan, together, are the largest producer and consumer of electronic devices across the globe. Therefore, there is a huge availability of local market players in these economies, which offers laser projections at a relatively lower cost.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Asia-Pacific 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
Asia-Pacific Laser Projection Market – Segmentation by Geography
- China
- India
- Japan
- Rest of Asia-Pacific
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