Global Laser Phosphor Display Technology Market Insights and Forecast to 2028

Laser phosphor is a lamp less projection illumination technology that is using blue laser diodes as the primary light source. The laser phosphor technology is powered by a combination of laser diodes, mirrors and a phosphor screen. These diodes direct a laser signal to the mirrors and these lasers are then projected onto the phosphor screen, stimulating the required RGB imaging sequence. It works basically like a laser printer, in which image is being refreshed at a much higher rate. Laser phosphor display is similar to cathode ray tube technology but it activates phosphors using lasers instead of electron gun. It is because of this the laser phosphor displays are never burdened with screen burn-in as compared with traditional display technologies.
The growth in demand of laser phosphor display technology in video wall segment is mainly due to enhanced quality of image, decrease seam appearance, and promote sustainable practices. Laser phosphor technology displays help in providing displays of any shape, size and resolution allowing for innovative dynamic environments. Because the phosphor pixels have no electrical connections, so they do not experience mechanical or electrical failure.
Market Analysis and Insights: Global Laser Phosphor Display Technology Market
Due to the COVID-19 pandemic, the global Laser Phosphor Display Technology market size is estimated to be worth US$ 3386.8 million in 2022 and is forecast to a readjusted size of US$ 17350 million by 2028 with a CAGR of 31.3% during the review period. Fully considering the economic change by this health crisis, Monitor accounting for % of the Laser Phosphor Display Technology global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Commercial segment is altered to an % CAGR throughout this forecast period.
Based on the product type, the laser Phosphor Display Technology is primarily split into the Monitor Laser Phosphor Display Technology, the Projector Laser Phosphor Display Technology and Others. The second kind is the main production type, accounting 98.71% of the sales volume market in 2019.
Geographically, Asia-Pacific is the biggest part of the consumption market with 52.27% of the market sales share, followed by North America and Europe.
In terms of production side, this report researches the Laser Phosphor Display Technology capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Laser Phosphor Display Technology by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Laser Phosphor Display Technology Scope and Segment
Laser Phosphor Display Technology market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Laser Phosphor Display Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Monitor
Projector
Others
Segment by Application
Commercial
Residential
By Company
Sony Corporation
Appotronics
Panasonic
Barco
Hitachi
Optoma
ViewSonic
Prysm
Production by Region
North America
Europe
China
Japan
China Taiwan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE