Business

LIPA Reports Solid Growth in Laser Projection

Mon, 06/11/2018 - 12:22 -- Nick Dager

The Laser Illuminated Projector Association reports that as of the end of 2017, the global installed base of high-end RGB laser projectors had reached nearly 700, an increase of nearly 100 percent since 2016, according to industry analysts at IHS Markit. In addition, the analyst firm also reported that, according to industry sales figures estimates, the number of laser phosphor projectors installed in cinemas has now surpassed 10,000; again an approximately 100 percent growth rate over the previous year.

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