South Korea Pico Projectors Market By Technology (LCoS, DLP, LBS and Holographic), By Application (Consumer Electronics, Defense and Aerospace, Automotive, etc.) By Type (Standalone, Embedded, Media Player and USB), Competition Forecast and Opportunities, 2011-2021
South Korea pico projectors market witnessed rapid growth over the past few years on account of their growing acceptability and rising usage in various end user segments such as consumer electronics, defense & aerospace, automotive, etc. Rising demand for pico projector integrated devices, growing IT investments and increasing mobile workforce is projected to propel growth in the country’s pico projectors market in the coming years. Additionally, growing penetration of various compact and small projection display technologies along with increasing demand for handheld and portable devices is projected to drive growth in South Korea pico projectors market during 2016 - 2021.
According to “South Korea Pico Projectors Market By Technology, By Application, By Type, Competition Forecast and Opportunities, 2011-2021”, the market for pico projectors in South Korea is projected to grow at a CAGR of over 24% during 2016 - 2021. LCoS (Liquid Crystal on Silicon) technology garnered the highest share in South Korea pico projectors market in 2015, due to better image quality, high resolution and efficiency, less power consumption, etc., as compared to other display technologies. Due to these advantages, LCoS technology is being increasingly used in smartphones, tablets, televisions, head up displays, etc. In 2015, the country’s southern region was the largest market for pico projectors, on account of the region’s high per capita GDP and high level of industrialization. Few of the leading companies operating in South Korea pico projectors market include SK Telecom and LG Electronics, among others. “South Korea Pico Projectors Market By Technology, By Application, By Type Competition, Forecast and Opportunities, 2011-2021” discusses the following aspects of the pico projectors in South Korea: