The projectors market consists of sales, by entities (organizations, sole traders and partnerships), of projectors that are used by a wide range of users including households, schools, universities, businesses, public sector organizations, and cinemas. Home users adopt projectors for personal entertainment, such as movie watching, sports viewing, and gaming, often in dedicated home theater setups. In education, projectors serve as a core instructional tool, enabling visual presentations, interactive lessons, and remote learning support. Businesses use projectors in meeting rooms, training facilities, and for digital signage, while the cinema industry employs specialized high-lumen projectors to screen films in theaters. Additionally, projectors are utilized in museums, exhibitions, religious institutions, simulation environments, and event venues.
The global projectors market was valued at $8,719.82 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 5.00%.
Growth in the Film and Entertainment Industry
During the historic period, the projectors market was mainly driven by the growth in the film and entertainment industry. The increasing demand for immersive and high-quality viewing experiences encouraged investment in advanced projection technologies, such as 4K, 8K, and laser projectors, which offer enhanced image clarity and brightness. Governments and international bodies, recognizing the importance of digital entertainment infrastructure, supported industry growth through various initiatives. For instance, in 2023, according to the European Audiovisual Observatory of the Council of Europe, a public service organization that collects and disseminates information on the European audiovisual industry in Europe, cinema attendance climbed by 18.1% year on year, with approximately 859 million admissions, though figures remained 22.9% lower than the 2017-2019 average, signaling strong growth momentum despite lingering limitations. Therefore, the projectors market was mainly driven by the growth in the film and entertainment industry.
Integration Of Voice Assistants And Smart Connectivity Transforming Projector Functionality
Major projector manufacturers are increasingly embedding voice control capabilities and smart home compatibility to align with evolving consumer preferences for connected living. These innovations aim to enhance user convenience by integrating projectors with digital voice assistants like Amazon Alexa, Google Assistant, and Samsung Bixby, enabling hands-free operation and seamless interaction with other smart devices in the home ecosystem. For instance, in May 2025, C+A Global, a US-based world-class brand builder and licensee, launched the Kodak LUMA 500 FHD (Full High Definition) Ultra Smart Pico Projector under the Kodak license. This compact, portable projector supports Google Assistant for full voice control allowing users to launch apps, navigate content, and adjust settings without using physical remotes. It offers up to a 150-inch projection size with HDR (High Dynamic Range) and 4K (Ultra High Definition) content support, while enabling seamless integration into smart homes through HDMI (High-Definition Multimedia Interface), USB (Universal Serial Bus), Bluetooth, and Wi-Fi connectivity. This device exemplifies how voice-enabled smart projectors are evolving into central components of connected home ecosystems.
The global projectors market is fairly concentrated, with few large players operating in the market. The top ten competitors in the market made up to 38.65% of the total market in 2024.
Projectors Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global projectors market as it emerges from the COVID-19 shut down.
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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 history and forecasts market growth by geography. It places the market within the context of the wider projectors market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics: - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by technology, by dimension, by distribution channel and by application.
- Key Trends: - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis And Strategic Analysis Framework:- Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Regional And Country Analysis: - Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation: - Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment source, by application and by end-user in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size And Growth: - Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape: - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies: - Details on the company profiles of other major and innovative companies in the market
- Competitive Benchmarking: - Briefs on the financials comparison between major players in the market.
- Competitive Dashboard: - Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions: - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments: - Information on recent developments in the market covered in the report.
- Market Opportunities And Strategies:- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for projectors providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix: - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Technology: Digital Light Processing (DLP); Liquid Crystal Display (LCD); Liquid Crystal On Silicon (LCoS)
- 2) By Dimension: Two Dimension (2D); Three Dimension (3D)
- 3) By Distribution Channel: Hypermarkets; Electronic Malls; Specialty Stores; Online Retail; Other Distribution Channels
- 4) By Application: Business; Education; Home; Cinema; Other Applications
- Companies Mentioned: Epson Corporation; Qisda Corporation (BenQ Corporation); Optoma Corporation (a subsidiary of Coretronic Corporation); Sony Corporation; ViewSonic Corporation
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
- 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; projectors indicators comparison.
- 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.