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Global Laser TV Market Share, Size, Growth, Analysis, Trends, Forecast: By Type: Projector TV, Regular TV; By Size: 40 Inch and Below, 40-100 Inch, 100 Inch and Above; By End-Use: Household, Commercial; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Global Laser TV Market Outlook
The global laser TV market is expected to develop at a CAGR of 44.9% during 2024-2032. Laser TVs have reported witnessed significant increase in sales over the last few years with consumer behaviour showing a noticeable shift towards laser TVs. North America, Europe, and Asia are expected to be significant markets.
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Global Market Expected to be Boosted by Advanced Features, Advantages Over Traditional TVs, and Superior Viewing Experience Offered
Advancements in technology have led to the proliferation of projectors. Several projector manufacturers have introduced Smart Ultra-Short Throw Laser Projectors, also called Laser TVs. Laser TVs are becoming increasingly popular solutions for living rooms, home theaters, and classrooms and conference rooms. Laser TVs offer a distinct and superior viewing experience when watching movies or playing video games. Such features and experiences offered are likely to drive the global laser TV market.
Laser TV comprises ultra-short-throw (UST) projector and wall-mounted screen. The projector is positioned close to the wall and throws its light on the screen which in turn reflects the light into the viewing area. The design averts the possibility of anyone walking into the light beam. The light produced by the projector is significantly bright, and withstands surrounding light in the room; it is more effective in combination with an ambient light-rejecting (ALR) screen.
Advanced Features Likely to Boost Market Growth
Laser TVs have witnessed significant development over time. Today, many laser TVs may be acquired for $2000-$4000. While laser TVs today are readily accessible to individuals with the capacity to purchase large TVs, laser TVs offer many advantages over flat-panel alternatives. There are few laser TVs that come with their own screen, others warrant that a separate screen be purchased. The screen may diagonally measure 100 to 120 inches, which is larger than other fairly priced flat-panel TVs. The total cost of the screen and projector is generally lowers than larger sized TVs.
Laser TVs require the “smart” element — built-in streaming apps for services including Amazon, Netflix, YouTube, and others. Manufacturers must offer an extensive app store that allows downloading of other available apps. The unit must also offer the capability to display content “cast” from smartphones and other mobile devices through Wi-Fi. It is expected that the development, integration and adoption of built-in over-the-air (OTA) broadcast tuner would boost the global laser TV market. OTA tuners and apps are valued by consumers wanting to “cut the cord” from their cable or satellite provider. Providers and broadcast networks acknowledge the trend towards cord-cutting, and provide their own apps. This underscores the significance of a large app library for consumers wishing to cut the cord.
Advantages Offered by Laser TVs Likely to Boost Market Growth
Laser TVs provide larger image for lesser money, increased portability, long lifespan, less maintenance, smart apps, built-in audio, and the capability to upgrade performance and screen size. Many laser TVs have more energy efficient as compared to other monitor types. Display quality is also better. Laser TVs offer a cinema-like engaging large-screen experience, and higher colour reproduction. Such offerings are expected to boost the global laser TV market.
Market Segmentation
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By type, the market is segmented into:
- Projector TV
- Regular TV
By size, the market is divided into:
- 100 Inch and Above
- 40 Inch and Below
- 40-100 Inch
By end-use, the market is classified into:
- Household
- Commercial
By region, the market is segmented into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Industry Players in the Market
The report comprehensively assesses key players in the global laser TV market; it gauges their capacity, and monitors latest occurrences such as mergers and acquisitions, capacity expansions, and plant turnarounds:
- Leica Camera AG
- BenQ Corporation
- Hisense International
- Appotronics Inc.
- Optoma
- Bomaker
- Others
Employing Porter’s Five Forces model and SWOT analysis, the EMR report offers deep insights into the industry.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Size |
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| Breakup by End-Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Opportunities and Challenges in the Market
8 Global Laser TV Market Analysis
8.1 Key Industry Highlights
8.2 Global Laser TV Historical Market (2018-2023)
8.3 Global Laser TV Market Forecast (2024-2032)
8.4 Global Laser TV Market by Type
8.4.1 Projector TV
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Regular TV
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Laser TV Market by Size
8.5.1 40 Inch and Below
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 40-100 Inch
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 100 Inch and Above
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Laser TV Market by End-Use
8.6.1 Household
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Commercial
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Laser TV Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Laser TV Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Laser TV Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Laser TV Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Laser TV Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Laser TV Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Leica Camera AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 BenQ Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Hisense International
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Appotronics Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Optoma
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Bomaker
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Laser TV Market: Key Industry Highlights, 2018 and 2032
2. Global Laser TV Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Laser TV Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Laser TV Historical Market: Breakup by Size (USD Million), 2018-2023
5. Global Laser TV Market Forecast: Breakup by Size (USD Million), 2024-2032
6. Global Laser TV Historical Market: Breakup by End-Use (USD Million), 2018-2023
7. Global Laser TV Market Forecast: Breakup by End-Use (USD Million), 2024-2032
8. Global Laser TV Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Laser TV Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Laser TV Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Laser TV Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Laser TV Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Laser TV Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Laser TV Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Laser TV Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Laser TV Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Laser TV Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Laser TV Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Laser TV Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Laser TV Market Structure.
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 44.9% between 2024 and 2032.
The major drivers of the market are rising adoption of home entertainment systems, increasing demand for high-quality audio and video experience, and their longer lifespan than traditional TVs.
The key trends guiding the growth of the market include technological advancements, improvement in high resolution displays, and increasing affordability.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Projector TV and regular TV are the different types of laser TV in the market.
The various sizes of laser TV in the market include 40 inch and below, 40-100 inch, and 100 inch and above.
The primary end-uses of laser TVs are household and commercial.
The major players in the global laser TV market are Leica Camera AG, BenQ Corporation, Hisense International, Appotronics Inc., Optoma, and Bomaker, among others.
A laser TV is a type of television with a screen that uses mirrors and lasers to develop images to display on the screen.
Laser TV is considered to be safer for human eyes when compared to traditional TVs as they emit blue light that scatters and cause less blinking.
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