Rising deployment of laser projectors in media and entertainment sector is driving the Asia-Pacific laser projection market

Asia-Pacific laser projection market is projected to grow at a significant CAGR of 18.1%, during the forecast period (2020-2026). There are several pivotal factors that are driving growth of the laser projection market in the region includes the rising deployment of laser projectors in the cinemas in the region. For instance-

• In October 2020, Christie declared that Suning Cinema has installed its RGB laser cinema projectors for all auditoriums in its new multiplex in Xi’an, Shaanxi province, China. Suning Cinema comprises two Dolby Atmos halls, two themed theatres, a VIP suite, a ScreenX auditorium, and a children’s theatre with a total capacity of 1,232 seats. 10 auditoriums are fitted with the Christie CP2308-RGBe cinema projector that is designed for screens up to 10 meters wide, while the remaining three auditoriums with larger screens are powered by the Christie CP2320-RGB cinema projector featuring Christie Real|Laser illumination technology to deliver unparalleled long-term stability and reliability.
• In December 2019, IMAX with Laser was made available at two PVR Cinemas in India, which include High Street Phoenix in Lower Parel, Mumbai, and Select City Walk in Saket, New Delhi. IMAX with Laser utilizes a dual 4K projectors and laser light source instead of a xenon arc lamp and dual 2K projectors that are capable of providing brighter, sharper, and richer images. PVR Cinemas declared that it has purchased four IMAX with Laser units, of which a third will be installed at SPI Palazzo. The Forum Vijaya Mall in Vadapalani, Chennai.

Browse the full report description Asia-Pacific Laser Projection Market Size, Share & Trends Analysis Report by Illumination Type (Laser Phosphor, RGB Laser, Laser Diode, and Hybrid Illumination), by Resolution (WUXGA, WQXGA, and 2K, WXGA &XGA, 4K, and HD and Full HD), by End-Users (Education, Enterprises, Media and Entertainment, Retail, and Others) and Forecast 2020-2026 at https://www.omrglobal.com/industry-reports/asia-pacific-laser-projection-market

    Market Coverage

Key questions addressed by the report

• What is the market growth rate during the forecast period?
• Which segment/country dominates the market in base year?
• Which segment/country will project fastest growth in the market during the forecast period?
• How COVID-19 will impact the market growth in 2020 and coming years?

o Recovery Timeline

o Deviation from pre-COVID-19 forecast

o Most affected country/segment

o Recommendations 

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

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