Hybrid projectors were first introduced commercially by Casio at CES in 2010
and have since been introduced by multiple additional vendors. These
projectors have all used a laser-excited green phosphor instead of a lamp, LED
or laser to produce the green light. Currently pure LED projectors cannot
achieve sufficient output to enter this >2000 lumen market and lasers are too
expensive for most end-users. Going forward, hybrid projectors are expected to
cannibalize an increasing share of the lamp-based projector market. Projector
manufacturers, LED, laser and lamp suppliers, optical component suppliers,
module makers and others need to understand the upcoming changes in the
projection market that hybrid projectors portend. This report is designed to
address this need.
Careful evaluation of the technology, markets and end-user needs are required
to create forecasts that are realistic. This sober and independent evaluation
is required to understand and plan for developments in the hybrid projector
market, as well as the market for projectors with solid state illumination in
general.
Report Organization:
The market for mobile projectors with solid-state illumination can be broken
into multiple market segments, as shown in the table below. This report
addresses the hybrid projection market.
Small enough to fit in a point-and-shoot pocket camera
4: Stand-Alone Picoprojectors
Pico
<25 lumens*, <5W
Stand-alone system that may or may not include a media player and/or game
5: Consumer microprojectors
Micro
>5W, >25 lumens*, VGA/WVGA or higher resolution
Intended for entertainment applications
6: Presentation microprojectors
Micro
>5W, >50 lumens*, SVGA or higher resolution
Intended for business presentation with some crossover to entertainment applications
7: Hybrid projectors
Hybrid
>200W, >2,000 Lumens, SVGA or higher resolutions
Hybrid illumination. In competition with mainstream, HID lamp-based projectors
*By 2016, the end of the study period, 5W solid state projectors are expected be able to produce about 100 Lumens. This will produce a “grey area” where it will be difficult to categorize a unit as a picoprojector or a microprojector. Insight Media will use a more-or-less arbitrary division point of 50 lumens.
Part 1 of this report covers the technology, human factors and market drivers
that are common for all seven market segments. This common section has been
extensively updated and expanded from the common section in previous reports
to accommodate the higher output of hybrid projectors and to include new
information that became available in 2012.
Part 2 of the report then takes a deep-dive into how this general information
applies to hybrid projectors. The use of hybrid projectors in three key
markets; education, business and the home, is examined in detail. Part 2 also
provides optimistic, conservative and expected sales forecasts through 2017
for hybrid projectors. These forecasts involve both unit sales and overall
industry revenue from retail sales.
Key Findings:
Some key findings of this report include:
The best way to group pico/micro projectors is by use-model rather than by
technology.
Hybrid projectors have two key advantages over competitive lamp-based
projectors:
Long life with no lamp replacement
Good colorimetry
Hybrid projectors have one key disadvantage compared to lamp-based
projectors:
Higher initial purchase price. This purchase price differential is
expected to decline but not disappear over the study period. (2010 - 2017).
The Total Cost of Ownership (TCO) for hybrid projectors can be lower than
lamp-based projectors, especially in applications where the projectors get
heavy use and more than one lamp replacement is anticipated.
DLP currently dominates the hybrid projector industry.
There is no known technical reason why hybrid illumination cannot be
used by 3LCD, color sequential LCoS or 3-panel DLP or LCoS designs.
Hybrid projectors can currently achieve lumen outputs from 2000 - 4000
lumens:
The upper limit is expected to rise to 7000 lumens by 2017.
In general, end users compare hybrid projectors to lamp-based projectors
when making a purchase decision and require hybrids to have all the same
features as a lamp-based projector of the same lumen output.
Most hybrid projector sales are expected to be in three key market
segments:
Education, where the long life and low TCO is especially prized
Business applications, especially ones where the projectors are heavily
used
Home use where they will be popular for TV, gaming, home theater and
other applications.
The range of forecasts for hybrid projectors (from our conservative to our
optimistic) in the out-years of this study is fairly large. Insight Media sees
three major factors contributing to this range:
Price and availability of large, direct view displays
Lamp lifetime increases in projectors that reduce the need for hybrid
technology
Speed of the penetration of hybrid technology into the mainstream
projection market.
Methodology:
Insight Media used a wide variety of sources of information for this report,
including:
Communications with a large number of individuals and companies involved
in the hybrid and solid-state projection markets:
Company visits
At Trade shows
At scientific/technical conferences
Via telephone and e-mail
Press releases, white papers and other communications from companies in
the business
Websites of relevant companies
Other news sources, especially including on-line news sources and blogs
Published scientific, technical and business-oriented papers and
conference proceedings
End user feedback, mostly in the form of on-line reviews at sites like
Amazon.com, Best Buy, Google, etc.
Formal product reviews conducted by Insight Media and others
Historical and forecast unit sales data from other market research firms.
Note: the forecasts in this report are exclusively Insight Media's and
do not necessarily agree with forecasts from other research firms.
Hybrid projectors are expected to spark few new projector sales. Rather, they
are expected to cannibalize existing sales of lamp-based projectors.
Therefore, forecasts were made by first forecasting the total projection
market in the 2000 - 7000 lumen range and then estimating the penetration rate
of hybrid technology into this market, based on similar penetration rates in
the past. Optimistic, expected and conservative forecasts were generated.
Revenue forecasts were based on retail prices of existing lamp-based
projectors, the price differential between lamp-based and hybrid projectors
and the forecasts for these prices through 2017.
Who Should Buy:
Marketing planners, technology planners, business development managers, senior
executives, engineering managers and researchers who are:
Manufacturers of optical, electronic and mechanical components for hybrid
projectors
Including LEDs lasers and phosphors for these projectors
Manufacturers of lamp-based projection systems
Manufacturers of projection systems incorporating solid-state illumination
CE brands with a current or potential interest in lamp-based or hybrid
projection systems
Retailers, both brick & mortar and on-line
Technology development companies and organizations
Research institutes and organizations
About Insight Media
Insight Media is one of the leading sources of information on the electronic
display industry. Geared toward educating and informing professionals in the
display and consumer electronics industries, Insight Media retains a staff of
world-class and internationally recognized display experts. From its
beginnings in 1998 as a company focused on the projection industry, Insight
Media has grown to cover all type of existing and emerging display
technologies and many of the related products and markets where they are used.
Report Statistics
Publication Date:April 2012
Authors:Matthew Brennesholtz and Norbert Hildebrand, edited by Chris Chinnock.
Total Number of Pages:252
Total Number of Tables:56
Total Number of Figures:128
Deliverable:PDF file under a site license agreement.
Table of Contents
Table of Contents
1. Executive Summary
1.1. Part 1: Common Section Executive Summary
1.1.1. Market Segment Analysis
1.1.2. Pico/Micro/Hybrid Projector Human Factors Analysis
1.1.3. Enabling Technology
1.2. Part 2: Hybrid Projector Executive Summary
1.2.1. Technology for Hybrid Projectors
1.2.2. Markets and User Feedback for Hybrid Projectors
1.2.3. Technologies Competitive with Hybrid Projectors
1.2.4. Hybrid Projector Forecasts
2. Introduction & Methodology
3. Part 1: Common Section
3. Market Segment Analysis
3.1. What are Pico and Micro Projectors?
3.2. A Brief History of Pico/Micro/Hybrid Projectors
3.3. Market Data Uncertainty
3.4. Pico/Micro/Hybrid Projector Use Models
3.4.1. Picoprojector Use Models
3.4.2. Microprojector Use Models
3.4.3. Hybrid Projector Use Models
3.5. Market Segments for Pico- and Micro- Projectors
3.6. Market Trends Through 2017
3.6.1. Market Pull vs. Technology Push
3.6.2. Lumen Output Increases
3.6.3. Supply Chain Consolidation
3.6.4. Focused Designs
3.7. Milestone Roadmap
3.8. Technologies In Competition with Mobile Projectors
3.8.1. Low-cost Mainstream Projectors
3.8.2. Direct-View LCD and OLED Mobile Displays
3.8.3. e-Paper including Rollable and Foldable Displays
3.8.4. Transflective Displays
3.8.5. Head Mounted Displays
3.8.6. Non-portable Displays
4. Pico/Micro Projector Human Factors Analysis
4.1. Mobile Projector Colorimetry
4.1.1. Wavelength Choice for LEDs
4.1.2. Wavelength Choice for Lasers
4.2. Projector Luminance, Image Brightness, Image Size and Contrast
4.2.1. Helmholtz-Kohlrausch Effect
4.3. Resolution
4.3.1. Text Legibility
4.4. Mobile Projector Laser Safety
5. Enabling Technology Analysis
5.1. Valid Technology Combinations
5.2. Etendue and Power Limited Mobile Projector Systems
5.2.1. Etendue Limitations
5.2.2. Power Limitations
5.3. Image Sources
5.3.1. Scanned Mirror Systems
5.3.2. Micromirror Arrays
5.3.3. LCoS CFA
5.3.4. Color Sequential LCoS
5.3.5. Other Approaches to Pico/Micro Projection
5.4. Illumination Sources for Pico, Micro and Hybrid Projectors
5.4.1. Polarization and Collection Efficiency
5.4.2. RGB LED Illumination
5.4.3. White LED Illumination
5.4.4. Laser Illumination
5.4.5. Hybrid Illumination Systems
5.5. Power for Mobile Projectors
5.5.1. General Power Requirements
5.5.2. Batteries for Mobile Projectors
5.6. Projector/Source Connectivity
5.6.1. Internal Connections
5.6.2. Wired Connections
5.6.3. Wireless Connections
5.7. Pico/Micro Projector Manufacturing Issues
5.8. Hybrid Projector Manufacturing Issues
6. Other Applications
6.1. Retail Use
6.2. Automotive
6.3. Aviation
6.4. Industrial
6.5. Medical
6.6. Other Potential Applications
7. Part 2: Hybrid Market Segment
7. Hybrid Projector Competitive Analysis
7.1. Current Hybrid Projectors
7.2. Technology for Hybrid Projector Systems
7.2.1. Technology for Hybrid Illumination
7.2.2. Technology of Existing Hybrid Projectors
7.2.3. Evolution of Hybrid Projectors
7.3. Application of Hybrid Projectors
7.3.1. Educational Applications
7.3.2. Business Applications
7.3.3. Home Applications
7.4. Competitive Analysis of Hybrid Projectors
7.4.1. Competition from Lamp-Based Mainstream Projectors
7.4.2. Competition from High-output LED Projectors
7.4.3. Competition from Direct View Displays
7.4.4. Competition by Market Segment
7.5. End User Feedback and Use Models for Hybrid Projectors
7.6. Technology and Markets Trend Analysis
7.7. Hybrid Projector Purchase Decision Factors
8. Hybrid Projector Forecast
8.1. Forecasting Method
8.2. The Projector Market
8.2.1. Market Segmentation by Application
8.2.2. Market Segmentation by Brightness
8.2.3. Market Segmentation by Price
8.2.4. Total Available Market (TAM) Analysis
8.3. Sales Penetration Analysis
8.3.1. Projector Market Penetration Curves
8.3.2. Hybrid Projector Penetration Curves
9. Hybrid Projector Forecast Results
9.1. Hybrid Projector Unit Forecasts
9.2. Hybrid Projector Forecast by Brightness Range
9.3. Hybrid Projector Revenue Forecasts
9.3.1. Projector Price Development
9.3.2. Hybrid Projector Price Premium
9.3.3. Hybrid Projector Forecast
9.4. Market Upside Potential
Table of Figures
Figure 1: Addressable Screen Sizes with an Off-White (0.8) Wall
Figure 2: Worldwide Hybrid Projector Forecast
Figure 3: Hybrid Projector Industry Revenue
Figure 4: Four Sample Picoprojectors from CES 2008
Figure 5: Five Sample Picoprojectors from CES 2009
Figure 6: Sample Pico & Micro Projectors from CES 2010
Figure 7: Sample Pico & Micro Projectors from CES 2011
2012 Hybrid Projector Report: Forecasts, Human Factors, Technology and Market Factors for Projectors with Hybrid Solid State Illumination published by Insight Media in April 11, 2012. This report consists of 252 Pages and the price starts from US $ 2500.
Press Release
Hybrid Projector Sales Will Reach 3.7 Million Units by 2017
April 12th, 2012
Global Information Inc. would like to present a new market research report, "2012 Hybrid Projector Report: Forecasts, Human Factors, Technology and Market Factors for Projectors with Hybrid Solid State Illumination" by Insight Media.
Insight Medias new report finds sales of hybrid projectors will reach 3.7M units by 2017, with an upside potential of 5.4M units. The report covers all technical and marketing aspects of hybrid projectors, which currently produce outputs in the 2000 -4000 lumen range. The upper limit for hybrid projectors is expected to go up to a maximum of 7000 lumens by 2017. This lumen range covers most of the sales of lamp-based projectors.
"Projector buyers generally recognize hybrid projectors are fully competitive with lamp-based projectors and have all the same features and utility," noted lead analyst Matthew Brennesholtz. "Therefore they will make their purchase decisions based on the advantages of hybrids, long life, good colorimetry and reduced TCO, compared to the disadvantage of hybrids, a somewhat higher purchase price."
"Hybrids were introduced by a single vendor in 2010. Since then three additional projector brands have entered the market," observed Insight Media president, Chris Chinnock. "We expect that in the not too distant future all major projector brands will include hybrid projectors in their portfolio of products. Companies that fail to do this are likely to be left in the technological backwaters of the projection market."
Since hybrid projectors have the same lumen output and features of competitive lamp-based projectors, Insight Media believes cannibalization of lamp-based projector sales will be the main avenue of growth for hybrid projectors, not the creation of new markets for projectors.
Part 1 of this report covers the technology, human factors and market drivers that are common for all market segments for mobile projectors with solid-state and hybrid illumination. For 2012, this common section has been completely updated and expanded from the version used in previous Insight Medias picoprojector and microprojector reports. This was done to include 2012 developments in markets and technology and to expand the range of the common section to include the higher lumen levels that can be achieved by hybrid projectors compared to other solid-state projectors.
Part 2 of the report then takes a deep-dive into how this general information applies to hybrid projectors. Three markets where the advantages of hybrid projectors are especially prized, Education, Business and Home use, are examined in detail. Part 2 of the report also provides optimistic, conservative and expected forecasts through 2017 for these hybrid projectors with solid-state illumination. These forecasts include both unit sales and revenue.