Global Laser Projection Systems Market is growing with factors such rising adoption for the production improvement application and significant advantages of laser projectors over traditional projection method.
Laser projection systems market has shown an exceptional penetration in countries such as China, U.S. and Germany due to Rapid growth in the inspection and detection solution. In developing countries, rising buying capacity is creating opportunity for the global laser projection systems market.
Laser Projection Systems Market Scenario
According to Data Bridge Market Research the market for laser projection systems in Asia-Pacific region has the highest market share which is followed North America and Europe. Market leader is FARO Technologies, Inc which accounts an estimated market share of approximately 19.5% in the global laser projection systems market. The company has gained outstanding sale through their laser projection systems products.
- In August 2018, FARO Technologies, Inc. launched next version of the Laser-guided assembly and testing interface Tracer. TracerSI Advanced Laser Projection System is a fully integrated, streamlined solution integrating both creative and improved hardware. This product launch helped the company to strengthen its tracer laser projectors category.
Trends Impacting the Market
Now the question is which are the other regions that FARO Technologies, Inc, LAP GmbH Laser Applikationen, Virtek Vision International, SL-Laser GmbH, Z-LASER GmbH are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific and the market leader are targeting China, Japan and South Korea to be their next revenue pockets for 2020.
The laser projection systems market is becoming more competitive every year with companies such FARO Technologies, Inc, LAP GmbH Laser Applikationen, Virtek Vision International, SL-Laser GmbH, Z-LASER GmbH as they are the market leaders for laser projection systems. The data bridge market research new reports highlight the major growth factors and opportunities in the laser projection systems market.
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Laser Projection Systems Market Development
- In September 2019, LAP GmbH Laser Applikationen launched Assembly Pro assistance system for digital assembly in Industry 4.0. This system will reduce time and minimizes errors in manual assembly processes. This product launch helped the company to cater more number of customers.
Scope of the Laser Projection Systems Market
Global laser projection systems market is segmented on the basis of countries into the U.S., Canada and Mexico, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, Rest of Europe, Japan, China, India, Taiwan, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East and Africa.
- All country based analysis of laser projection systems market is further analyzed based on further segmentation. On the basis of type, the laser projection systems market has been segmented into CAD laser projector system and laser projector system. On the basis of component, the laser projection systems market has been segmented into hardware, software and services. On the basis of dimensional type, laser projection systems market has been segmented into 3D and 2D. On the basis of power range, the laser projection systems market has been segmented into 5MW-10MW, 11 MW-30 MW and above 30MW. On the basis of technology, the laser projection systems market has been segmented into augmented reality, light signal or speech instructions and others. On the basis of application, the laser projection systems market has been segmented into composite lay-ups, interior assembly, welding, guided assembly, prefabricated construction, picking & assembly, component recognition, system evaluation, sequencing and others. On the basis of end-user, the laser projection systems market has been segmented into composite, aerospace & defense, automotive & heavy equipment, logistics, shipbuilding & energy, construction & rigging, medical, steel industry, wind industry, railway, paper and others.
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Key Pointers Covered in Laser Projection Systems Market Industry Trends and Forecast to 2027
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- FARO Technologies, Inc
- Met Optix
- LAP GmbH Laser Applikationen
- ALIGNED VISION
- Virtek Vision International
- Z-LASER GmbH
- SL-Laser GmbH
- HUTCHINSON MANUFACTURING
- asphericon GmbH
- Assyst Bullmer
- Carter Products Company, Inc.
- Laserglow Technologies
- OPS Solutions LLC
Above are the key players covered in the report, to know about more and exhaustive list of Laser Projection Systems companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-laser-projection-systems-market
Research Methodology: Global Laser Projection Systems Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Product Managers, Smartphone Manufacturers, Camera Manufacturers
- Supply Side: Service Providers, Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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