Press release
Projection Mapping Market 2022: Strategic Analysis and Key Technological Developments
The market for the projection mapping market is expected to register a CAGR of 20% over the forecast period (2021 - 2026).
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Top Leading Companies of Projection Mapping Market are - Panasonic Corporation, Seiko Epson Corporation, BenQ Corporation, Vivitek Corporation, ViewSonic Corporation, Barco NV, Digital Projection, NEC Display Solutions, HeavyM, Green Hippo Ltd., Pixel Rain Digital and others.
Industry News and Updates:
- February 2020 - Seiko Epson Corporation announced that it will be unveiling its laser projection and smart glasses at ISE 2020, Amsterdam. The product to be launched at ISE 2020 include 30,000-lumen laser projector, ELPLX03 ultra-short-throw lens, Epson Pro L30000U, and Moverio AR Smart Glasses.
- July 2019- Panasonic Corporation announced its real-time tracking and projection mapping compatible projector. This projector was deployed for video performance during the "one year to go" ceremony held at Tokyo International Forum.
Key Market Trends:
Mapping Software is Expected to Witness the Fastest Market Growth
- The Projection Mapping software is anticipated to witness faster growth as compared to its hardware counterparts owing to the cost, the sustainability of software, support, ease of use, integration/compatibility with 3rd party hardware and tailored solutions offered by few vendors
- The pure-play mapping software vendors are focused on developing projection mapping tools that make deployment of projects easier and optimized for viewing the audience. For instance, The Mapping software solution provided by HeavyM is a ready-to-use solution that requires prior no animation skills to create projection mapping effects.
Asia-Pacific to Witness the Fastest Market Growth
- The Asia Pacific region is anticipated to witness major growth over the forecast period, as the region is leveraging the conduction of major global events, presence of historical museums and government bodies focusing on tourism as a source of earning elevates the growth of the market
- The countries in the region such as Singapore is home to major festivals, events such as the annual Singapore night festival, i Light marina bay, annual marina bay that relay on technologies such as projection mapping leverage the growth of the market in the region.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Projection Mapping Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Projection Mapping Market (%),2016 - 2026
- Projection Mapping Market Share, By Brand
- Projection Mapping Market Share, By Company
- Projection Mapping Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Projection Mapping Market Value Analysis & Forecast
- Promising Projection Mapping Development by Major Companies
- Detailed Projection Mapping Portfolio of the Major Companies
- Major Deals in the Projection Mapping Market
- Major Companies Analysis
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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