Global Projector Screen Market 2017-2021
About Projector Screen
Projector screens refer to surfaces, which, with the help of a support structure installation, are used for projecting images and digital contents. These screens come in two variants that are flat and curved. Flat projection screens have a higher adoption than curved screens as curved screens require accurate geometrical image production.
Technavio’s analysts forecast the global projector screen market to grow at a CAGR of 16.13% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global projector screen market for 2017-2021. To calculate the market size, the report considers the shipments, sales, volume, and value of the projector screens.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Projector Screen Market 2017-2021
Technavio recognizes the following companies as the key players in the global projector screen market: Da-Lite, Elite Screens, Silver Ticket, and Stewart Filmscreen.
Other Prominent Vendors in the market are: AccuScreens, Barco, Custom Display Solutions, DNP, Draper, Epson, Glimm Display, Grandview Crystal Screen, Harkness Screens International, Screen Innovations, Screen Research, Severtson Screens, SnapAV, Swastik Telon, and Vutec.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing adoption of motorized projection screens. The introduction of motorized projection screens is another major trend witnessed in the global projector screen market. These are wall or ceiling mounted projector screens that can be operated by pushing a button. Motorized projection screens eliminate the inconvenient manual operation of pulling and pushing. These screens are ideal for business presentations and home theaters. Motorized projection screens are preferred over fixed frames as they do not occupy a permanent place.”
According to the report, one of the major drivers for this market is availability of various projector screens. Global projector screen market offers multiple varieties of projection screens to end-users. Their price ranges vary with different sizes and quality. Projector screens with bigger size and better quality are priced high. For instance, basic projector screens of 15 inch are priced at $60, whereas 220 inch and above screens are priced around $12,000-$14,000 and include HDTV format, motorized electric operation, and ceiling recessed installation.
Further, the report states that one of the major factors hindering the growth of this market is technological obsolescence. Because of the rapid technological evolution, manufacturers need to constantly update their products to incorporate new technologies, which otherwise tend to be outdated every six months. For instance, the life cycle of projector screens is very short, and hence required to be replaced in every 2-3 years. This leads to an additional expense of the product along with its installation. To avoid such technological limitations, vendors are compelled to innovate and introduce new features to keep pace with the developing technology.
Da-Lite, Elite Screens, Silver Ticket, Stewart Filmscreen, AccuScreens, Barco, Custom Display Solutions, DNP, Draper, Epson, Glimm Display, Grandview Crystal Screen, Harkness Screens International, Screen Innovations, Screen Research, Severtson Screens, SnapAV, Swastik Telon, and Vutec.
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