The US laser projection market is projected to witness CAGR of around 14.5%, during the forecast period. The major factors contributing to the growth of the market include the rising sales of laser projectors in retail and education sector, backed by the rising digitalization across these sectors in the country. Moreover, the presence of huge number of large enterprises in the US, increases the demand for laser projection in meetings in enterprises, which in turn, is contributing to the growth of the market in the country. However, there are certain factors that may impede the market growth during the forecast period, such as the high installation cost of laser projectors and the outbreak of COVID-19 pandemic in the US in 2020.
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The US laser projection market is classified on the basis of illumination type, resolution, and end-users. Based on the illumination type, the market is segmented into laser phosphor, RGB laser, laser diode, and hybrid illumination. Based on the resolution, the market is segmented into WUXGA, WQXGA, and 2K, WXGA &XGA, 4K, HD, and Full HD. Based on end-users, the market is classified into education, enterprises, media and entertainment, retail, and others (public places and industrial). Among these end-users, the retail and education segments will project a considerable CAGR in the laser projection market during the forecast period.
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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
US 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
The Report covers:
- Comprehensive research methodology of the US laser projection market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the US laser projection market.
- Insights about market determinants which are stimulating the US market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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