Global Portable Projection Screen Market 2017-2021
About Portable Projection Screen
Portable projector screens are available in various categories and sizes. Some of the most popular projector screens are pico type, floor standing type, table top, and tripod type. The diagonal length of a portable screen for floor standing and tripod type ranges from 60 inches to 200 inches. The price of a portable projection screen ranges from $90 to $7,600. The price bracket comprises portable projection screens of different sizes and uses. The projector industry has been undergoing an evolution in design over the past few years from bulky projector screen models to compact and portable projector screen models. A stream of handheld projectors and embedded projectors has been introduced in the market.
Technavio’s analysts forecast the global portable projection screen market to grow at a CAGR of 7.03% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global portable projection screen market for 2017-2021. To calculate the market size, the report considers the revenue generated from the manufacturer sales value of the products in the market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Portable Projection Screen Market 2017-2021
Technavio recognizes the following companies as the key players in the global portable projection screen market: Milestone AV Technologies, Elite Screens, Silver ticket Products, and Vutec.
Other Prominent Vendors in the market are: Vista Outdoor, dnp Denmark, Draper, Displays2go, Excelvan, Glimm Display, Pyle, Quartet, SnapAV, Swastik Telon, and Stretchy Screens.
Commenting on the report, an analyst from Technavio’s team said: “One trend in market is multiple screens for multiple locations. There is a trending need for multiple screens at multiple locations for several schools, educational institutes, and business organization. Small packing dimensions, lightweight structure, and quick set-up lead to the utility of portable projectors at multiple locations.”
According to the report, one driver in market is growing demand from non-traditional sectors. There has been growing traction for portable projection screens in sectors such as healthcare, defense, education, and government. A high rate of adoption of projection screens has been recorded in Europe and North America, which is nearing saturation. However, in geographical regions such as Latin America, Central Europe, and Eastern Europe, the market is in the growth stage and is expected to escalate significantly during the forecast period due to rise in the education sector and business organizations. Also, increasing popularity of world sporting events such as ICC cricket tournaments, FIFA, and Olympics has led to the adoption of projection screens. Apart from these, business proprietors such as cafés, restaurants, and pubs, which project such live sporting events, are emerging as key customers.
Further, the report states that one challenges in market is fragmented market lowering market profitability margin for vendors. The global portable projection screen market is fragmented across the globe. There are many players in the market, especially in the developed regions such as North America and Europe, where the competition among new entrants and existing players is intense. As the barrier to enter the market is low, vendors who are operating in the field of electronics and communication technology do not require heavy investment to start projector screens as a fresh business segment. Due to low functional barriers and minimal entry barriers, not only large players but also small-scale enterprises are venturing into the global portable projection screen market. This leads to intense competition among players pushing vendors to come up with product innovation and product differentiation to survive in the market.
Milestone AV Technologies, Elite Screens, Silver ticket Products, Vutec, Vista Outdoor, dnp Denmark, Draper, Displays2go, Excelvan, Glimm Display, Pyle, Quartet, SnapAV, Swastik Telon, and Stretchy Screens.