Global 3D Projector Market (2021-2027) by Technology, Resolution, Brightness, Light Source, Application, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
Introduction
The Global 3D Projector Market is estimated to be USD 3.55 Bn in 2021 and is expected to reach USD 5.28 Bn by 2027, growing at a CAGR of 6.85%.
Market Dynamics
Key factors, such as the increasing use of 3D projectors in cinema halls and home theatre applications, digitalization in the education and other sectors, and technological advancements in 3D projectors are likely to contribute to the growth of the market. Increased use of 3D projector solutions in the gaming industry because of the user's lifelike viewing experience is bolstering the market growth for 3D Projectors. Growing adoption because of improved image quality and connectivity features is also expected to propel the market growth.
However, the factor such as technical issues with DLP and metal halide light source is hindering the market growth. Also, the high initial cost of installation and bulb replacement cost is impeding the market growth. The increased usage of the 3D projector for events, exhibitions, and museums and the rising trend of laser-based 3D projector among end-users will create opportunities in the Global 3D Projector market.
Market Segmentation
The Global 3D Projector Market is segmented further based on Technology, Resolution, Brightness, Light Source, Application, and Geography.
By Technology, the market is classified as DLP, LCD, and LCOS. Amongst all, the DLP Technology segment is estimated to hold the highest market share.
By Resolution, the market is segmented as VGA, XGA, HD & Full HD, 4K & above. HD & Full HD is estimated to hold the highest market share during the forecast period.
By Brightness, the market is classified as Less Than 2,000 Lumens, 2,000 to 3,999 Lumens, 4,000 to 9,999 Lumens, and 10,000 & Above Lumens. 4,000 to 9,999 lumens segment holds the highest market share.
By Light Source, the market is classified as laser, LED, Hybrid, Metal Halide and others. Amongst all, the Laser segment is estimated to hold the highest market share.
By Application, the market is classified as Cinema, Education, Business, Home Theatre & Gaming, Events & Large Venues, and Others. Amongst them, the Cinema segment is estimated to hold the highest market share.
By Geography, Asia Pacific Region accounted for the dominant share of the market.
Recent Developments
1. Barco expands laser portfolio with new single-chip G100 projectors. – 12th January 2021
2. ViewSonic Partners with TÜV SÜD to Develop the Testing of a Color Blindness Feature in Monitors. – 17th December 2020
Company Profiles
Some of the companies covered in this report are Sony, Epson, Dell, Benq, Seiko Epson Corporation, Panasonic, NEC Display Solutions, Acer Inc., Canon Inc., ViewSonic Corporation, etc.
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global 3D Projector Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
The report also contains the competitive analysis using IGR Competitive Quadrant, Infogence’s proprietary competitive positioning tool.
Report Highlights:
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