Press release
Pico Projector Market 2018 Global Analysis by Key Leaders: Aaxa Technologies, Sony Corporation, Lenovo Group Limited, Microvision, Cremotech, Texas Instruments
Market Scenario:
A pico projector also called as a pocket projector, mobile projector, or handheld projector is compact portable image projector analogous to a palmtop. A pico projector comprises the battery, electronics, laser or LED light sources, and suitable optics. The global pico projector market is projected to grow at a CAGR of 15 % during the forecast period of 2017 and 2023.
Market Dynamics:
Attractive Design Characteristics Coupled With Product Development Are The Prime Drivers Of The Market
The advantages of size, portability, and growing performance are the key determinants of the market. Product development such as increasing functionality, miniaturization, increasing storage capacity and resolution, are driving faster adoption. Additional functionality such as blue tooth connectivity, remote application, mobile connectivity, and battery backup are other drivers of the market.
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Market Enthusiasm Generated By Foray Of Large Technology Giants And Growing Research And Development Is Expected To Create Large Market Equity
Major technological giants like Sony Corporation and Lenovo Group have invested in pico projector market owing to increasing demand from consumer electronics sector. Sony Corporation is leading the bandwagon, with image processing system, and laser beam scanning. The sony pico projector is equipped with Wi-Fi connectivity and is pocket-sized. Lenovo Group launched a pico projector with swiveling lens providing a more flexible display. The projector is a palmtop size and can project data from an SD card.
High Cost And Concerns Of After Sales Service Is Hampering The Market Growth
The high cost of the device and maintenance coupled with heating issues are the prime restraint on the market. The distributional and servicing network is another issue faced by customers.
Key Players
The prominent players in Pico Projector Market are – Lenovo Group Limited (U.S.), LG Electronics Inc. (South Korea), Microvision, Inc. (U.S.), Sony Corporation (Japan), Aaxa Technologies Inc. (U.S.), Texas Instruments Inc. (U.S.), ZTE Corporation (China), Koninklijke Philips N.V. (Netherlands), Cremotech Co., Ltd. (South Korea), Global Aiptek Corporation (Taiwan) among others.
Segments:
Pico projector market can be segmented on the basis of following:
By Component
• Light Source
• Light Emitting Diodes (LED)
• Laser Diodes
• Illumination System
• Fly Eye Lens
• Light Pipe
• Projection Lens
By Type
• Embedded Pico Projectors
• Non Embedded Pico Projectors
By Technology
• Digital Light Processing (DLP)
• Liquid Crystal On Silicon (LCOS)
• Laser Beam Steering
• Projection Technologies In Augmented Reality
By Specification
• Resolution
• Up to 480p
• 720p
• Brightness
• 0-50 Lumen
• 50-100 Lumens
• 100-150 Lumens
• 150 and Above
• Power Source
• In-Built Battery
• Non Battery
By Application
• Retail
• Healthcare
• Business & Education
• Consumer Electronics
• Automotive
Regional Analysis:
The regional analysis of pico projector market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that Asia Pacific is estimated to account for the largest share of the market and is also projected to grow at the fastest rate during the forecast period. The major growth in pico projector market in Asia Pacific is attributed to technological advancements and increasing innovations in the consumer electronics sector in that region.
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Intended Audience
• Technology Investors
• Technology Providers
• Research/Consultancy Firms
• Chip designers and fabricators
• Original equipment manufacturers (OEMs)
• Consumers
• Educational Institutions
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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The Pico Projector market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Pico Projector.
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Table of Contents:
Table of Contents
1 Study Coverage
1.1…
