Market Report

Laser phosphor display technology is a display technology which is analogous to Cathode Ray Tube (CRT) technology, where it activates the phosphors using lasers instead of an electron gun. Laser phosphor display technology was invented and patented by Prysm, Inc. and unveiled in January 2010. Globally, lesser consumption of electricity as compared to other competing technologies such as Liquid Crystal Display (LCD) and Light-Emitting Diode (LED), technology advancements leading to higher consumption, rise in the demand for consumer electronics good, and increasing adoption in gaming and entertainment applications are the prime growth drivers of global laser phosphor display technology market. In addition, increase in adoption of laser phosphor display technology for new applications, such as- the military applications, and emerging economies such as China, India and others will create new opportunities for global laser phosphor display technology market. However, higher cost of the res...