Projectors Global Market Report 2023

“Projectors Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on projectors market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for projectors? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The projectors market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Type: HomeTheater Projector; Business Projector; Portable Projector
• 2) By Technology: DLP(Digital Light Processing); LCD(Liquid Crystal Display); LCOS (Liquid Crystal on Silicon)
• 3) By Dimension: 2D;3D
• 4) By Distribution Channel: Hypermarkets; Electronic Malls; Specialty Stores; Online Retail; Other Distribution Channels
• 5) By Application: Bussiness, Education; Home, Cinema; Other Applications
• Companies Mentioned: MicroVision Inc.; Aaxa Technologies Inc.; LG Technologies Inc.; Sony Group Corporation; Canon Inc.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the projectors market are: MicroVision Inc., Aaxa Technologies Inc., LG Technologies Inc., Sony Group Corporation, Canon Inc., Dell Technologies Inc., LG Technologies Inc., Optoma Technology Corp., Panasonic Corp., NEC Display Solutions Ltd., InFocus, Texas Instruments Inc., Lenovo Group Ltd., Sharp, Hitachi Ltd., ZTE Corporation, JVC, Celluon Inc., Acer Inc., Epson, Delta Electronics Inc., GAC Technology Group, ASUSTeK Computer Inc., ViewSonic, and Shenzhen Hotack Technology Co. Ltd.

The global projectors market is expected to grow from $10.81 billion in 2022 to $11.49 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The projectors market is expected to reach $14.17 billion in 2027 at a CAGR of 5.4%.

The projector market consists of sales of laser projectors and LED projectors. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

A projector is a device that uses light to project images or videos onto a flat surface, such as a screen or a wall, for large-scale viewing. It is widely used for commercial purposes.

North America was the largest region in the Projectors market in 2022. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types of projectors are home theatre projectors, business projectors, and portable projectors. A home theatre projector refers to a device used to project video content onto a large screen or wall in a home theatre or living room environment. The various technology includes DLP(digital light processing), LCD(liquid crystal display), LCOS (liquid crystal on silicon), and various dimensions such as 2D, and 3D. These are distributed through various distribution channels such as hypermarkets, electronic malls, specialty stores, online retail, and other distribution channels. These are used in various applications such as business, education, home, cinema and other applications.

The increase in demand for projector screens in the educational sectors is driving the growth of the projector market going forward. Education is a place where execute advanced teaching techniques to students for a better learning experience. Projectors play a major role in projecting their presentation content to a larger and clear picture than the actual size of the picture, mainly in the education sector. For example, in Jan 2022, according to the report by eLearning industry, a US-based e-learning journal website, the eLearning industry rose to more than $240 billion. Additionally, the worth of the E-learning market is predicted to hike by $374 Billion by 2026. Therefore the demand for projector screens in the educational sectors is driving the growth of the projectors market.

Technological advancement is a key trend gaining popularity in the projectors market. Major market players are concentrating their efforts on creating innovative technologies for migrating to provide Home theatre projectors which became one of the most preferred categories. Home theatre set-up became the most suitable and comfortable choice when people were compelled to stay indoors. For instance, in Nov 2022, ViewSonic, a US-based company operating in projectors launched 2 new projectors. These projectors include a third-generation LED technology that provides brighter visuals and a built-in Harman Kardon speaker for an enhanced audio experience, suitable for any home screenings of movies, and video games.

In August 2021, BenQ, a Taiwan-based consumer electronics company operating in projectors collaborated with Fly Elise-ng, a Netherlands-based software company that develops multi-projector designs. Through this partnership, both companies provide better consultancy and integration possibilities through multi-projector systems.

The countries covered in the Projectors market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The projectors market research report is one of a series of new reports from The Business Research Company that provides projectors market statistics, including projectors industry global market size, regional shares, competitors with a projectors market share, detailed projectors market segments, market trends, and opportunities, and any further data you may need to thrive in the projectors industry. This projectors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.