Data Bridge Market Research analyses that the Laser Phosphor Display (LPD) Market was valued at USD 3,193.20 million in 2021 and is expected to reach USD 9,237.51 million by 2029, registering a CAGR of 14.20 % during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Laser phosphor display (LPD) has powered by the Prysm digital workplace platform software which is used as a digital signage, as a large touchscreen display and in consumer experience centers. In New York has The first retail installation of Laser phosphor display (LPD) went at American Eagle Outfitters in late 2010 Other Laser phosphor display (LPD) deployments such as, 180-degree, 40-foot, collaborative videowall at General Electric’s (GE) customer experience center in television studios and Toront, a 10 feet tall and 120 feet long videowall at InterActiveCorp (IAC)'s which is a media company and its headquarters in New York City, and numerous other videowalls.

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Laser Phosphor Display (LPD) Market Dynamics

Drivers

• Less electricity consumption

Laser phosphor display (LPD) needs less electricity than other competing technologies, including light-emitting diode (LED) and LCD. Prysm says that LPD usage  up to 75% less power and IAC has reported that, the usage of LPD reduce the 70% electricity consumption  than other display technologies on the market,  This is the major factor which is increase the demand of LPD and are expected to drive the growth rate of the market.

Opportunities

• Surging Product Launches and Innovation

Additionally, the surging product launches and other innovations by market players further offer numerous growth opportunities within the market. For instance, Prysm launched a Laser Phosphor Display 6K Series in India which is featured with a high fill factor, an immersive bezel free viewing experience and an excellent contrast ratio, resulting in outstanding image quality. This product launch will help the company to improve its product portfolio.

Also, the rise in adoption of laser phosphor display technology for new applications, such as military applications, the major opportunities for growth of laser phosphor display technology market are the major factor which create the immense opportunities for growth of laser phosphor display technology market.

Market Players Covered:

Samsung (South Korea), LG Display (South Korea), NEC (Japan), Sharp NEC Display Solutions (Japan), Leyard Europe (Germany), Barco (Belgium), Sony Corporation (Japan), E Ink Holdings Inc. (Taiwan), AUO Corporation (Taiwan), DEEPSKY CORPORATION LTD (Hong Kong), VTRON TECHNOLOGIES LTD (China), AOTO Electronics Co., Ltd (China), Unilumin (China), ViewSonic Corporation (U.S.), Koninklijke Philips N.V. (Netherland), Panasonic Corporation Co, Ltd (Japan), Planar Systems Inc. (U.S.)

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Global Laser Phosphor Display (LPD) Market Scope

Type

• Conventional Display
• Flexible Display
• Transparent Display
• 3D Display

End User

• Consumer Electronics
• Advertising and Public Display
• Automotive
• Healthcare
• Retail
• Aerospace and Defence
• Industrial
• Banking
• Others

Application

• Television and Digital Signage
• Smartphone and Tablet
• E-Reader
• Smart Wearables
• Pc Monitor and Laptop
• Smart Home Appliances
• Vehicle and Public Transport
• Sports and Gaming Consoles

Laser Phosphor Display (LPD) Market Regional Analysis/Insights

The countries covered in the laser phosphor display (LPD) market report  U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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