Increasing deployment of laser projection in media and entertainment sector will drive the European laser projection market

European laser projection market is projected to grow at a significant CAGR of around 13.9% 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 continuous expansion of laser projection in the media and entertainment sector. The deployment of laser projection in museums, cinema theaters, is increasing at a constant rate in Europe, which in turn, is increasing the demand for laser projection in the region. Moreover, the presence of huge number of market players, such as Barco NV and Delta Lasers Technology Ltd., is further supporting the growth of the market in the region.

Browse the full report description European 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/european-laser-projection-market  

There are several recent developments in the laser projection market in Europe. For instance, in July 2019, Cinionic declared the strengthening of their strategic relationship with Omniplex Cinemas, Ireland’s largest multiplex cinema chain, to upgrade an additional 29 theatres with Cinionic’s Laser as a Service (LaaS) solution. This results in more than 40 upgraded laser locations for the chain. With LaaS, Omniplex Cinemas, and Cinionic will offer an elevated, consistent, and laser-driven movie-going experience for audiences across Ireland. Such strategies and expansion of laser projections are expected to augment the market growth in the country during the forecast period.

    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?

European 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

European Laser Projection Market – Segmentation by Geography 

• UK
• Germany
• France
• Italy
• Spain
• Rest of Europe