Press release
Projector Lamps Market is set to garner staggering revenues by 2028
According to the latest report published by Fact.MR - a market research and competitive intelligence provider, the global projector lamps market is presumed to surpass a market value of US $ 4.5 Bn by 2031.LED light source is gradually gaining momentum and the segment is set to expand at a CAGR of 9% and be valued at more than US$ 550 Mn. Prolonged lifespan of LEDs has made this type of lamps more economical to use and maintain. LEDs produce comparatively less heat and noise than traditional lamps and are also smaller in size with reduced weight.
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Key Takeaways from Market Study
The global projector lamps market is set to surge at a CAGR of over 8% during the forecast period
East Asia is set to experience leading growth over other regions such as North America and Europe, with an absolute $ opportunity worth US$ 670 Mn through 2031.
Metal halide projector lamps are estimated to accounted for more than 65% of global demand, but lose 171 BPS owing to increasing demand for LED projector lamps.
The residential end user segment is expected to expand at a CAGR of 8.8% and be valued at US$ 535 Mn by 2031.
The OEMs segment is expected to expand at a CAGR of 8% be valued at US$ 3.5 Bn at the end of the decade.
Projector Lamps Market Report Scope
Attribute
Details
Market size value in 2021
USD 2 Billion
Market forecast value in 2031
USD 4.5 Billion
Growth Rate
CAGR of 8% from 2021 to 2031
Forecast Period
2021-2031
Historical Data Available for
2016-2020
Market Analysis
Units for Value US$ Mn and Value ‘000 Units
Key Regions Covered
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA
Key Countries Covered
United States
Canada
Brazil
Mexico
Germany
U.K.
France
Spain
Italy
China
Japan
South Korea
India
Indonesia
Malaysia
Singapore
Australia
New Zealand
Turkey
South Africa
GCC Countries
Key Market Segments Covered
Lamp Type
Projector Type
Lumen Counts
Rated Lifetime
End User
Sales Channel
Region
Key Companies Profiled
Philips (Signify)
Ushio
Osram
Canon
Epson
Infocus
Other Companies Profiled
3D Perception
3M
BenQ America Corp
BOXLIGHT
Christie Digital Systems USA Inc.
HP Inc.
Dell
Dukane
Eiki
Eizo
Hitachi
JVC
LG
Mitsubishi
Sharp NEC
Panasonic Corporation
Samsung Corporation
Sanyo
Sony Corporation
Toshiba
ViewSonic
Yokogawa Corporation
Acer Inc
Casio
Fujitsu
Pricing
Available upon Request
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Main Segments Covered in Projector Lamps Industry Analysis
By Lamp Type
Metal Halide Lamps
High-Intensity Discharge Lamps
Ultra-High-Performance Lamps
LED Lamps
Lasers
Hybrid
By Projector Type
LC – Liquid Crystal Display Projectors
DLP – Digital Light Processing Projectors
LCoS – Liquid Crystal on Silicon Projectors
Others
By Lumen Count
Below 3500 Lumens
3600-6500 Lumens
6500-9000 Lumens
Above 9000 Lumens
By Rated Lifetime
Below 5,000 hours
5,000-20,000 hours
20,000-30,000 hours
Above 30,000 hours
By End User
Residential
Commercial Projector Lamps for Business Application
Corporate Offices
Stage & Theatre and Projector Lamps for Cinema Halls
Game Zones
Academic & Research Institutions
Exhibition Centres
Others
By Sales Channel
OEMs
Aftermarket
Online Sales
Third Party Online
Direct to Customer
Modern Trade
Specialty Stores
Others
Speak to our research expert: https://www.factmr.com/connectus/sample?flag=AE&rep_id=1663
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About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
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