Demand for Projector Lamps At A Steady CAGR of Around 8.2% Over 2031| Fact.MR

The projector lamps market analysis, which shows that global demand is expected to enjoy year-on-year (YoY) growth of 5.5%. The projector lamps market size in 2021 will total a valuation of around US$ 2 Bn. LED projector lamps housing is likely to portray a positive growth rate of little over 6.5% and metal halide lamps are expected to witness a YoY growth of 5.2% by the end of fiscal year 2021.

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.

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Winning Strategy

Prominent manufacturers across the globe strive for technological development in lamps in order to increase their lifespan and brightness with low noise and heat. Players are also strengthening their online sales and distribution networks to expand their reach globally.

Prominent Key Players Of The Projector Lamps Market Survey Report:

 Mitsubishi
 Sharp NEC
 Panasonic Corporation
 Samsung Corporation
 Sanyo
 Sony Corporation
 Toshiba
 ViewSonic
 Yokogawa Corporation
 Acer Inc
 Casio
 Fujitsu

Competitive Landscape

Most market players that have been considered in the report are primarily leaned towards technological advancements and strengthening their sales and distribution networks.

Some of the key developments are:-

• In May 2021, Ushio lnc. decided to make a capital investment to increase the production capacity. The company has planned to invest 1.5 billion yen for production expansion.
• In April 2021, InFocus Corporation and Alpha Technologies signed an agreement to support InFocus's marketing strategy, intensify sales and support the entire portfolio of projectors and associated accessories.
• In April 2021, the Ushio lnc. disclosed that the sales of new "Unicure System (lamp type)" would be discontinued by the end of September 2021 due to the difficulty in production continuation due to the changes in the business environment of this product around the world.

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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

More Valuable Insights

Fact.MR, in its new offering, presents an unbiased analysis of the global projector lamps market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031.
The study reveals essential insights on the basis Lamp Type (Metal Halide Lamp, LED Lamps, Lasers, Hybrid), By Projector Type (LCD -Liquid Crystal Display Projectors, DLP -Digital Light Processing Projectors, LCoS -Liquid Crystal on Silicon Projectors and Others), By Lumen Counts (Below 3500 Lumens, 3600-6500 Lumens, 6500-9000 Lumens and Above 9000 Lumens), By Rated Lifetime (Below 5000 hours, 5000-20000 hours, 20000-30000 hours and Above 30000 hours), By End User (Residential and Commercial), By Sales Channel (OEM and After Market) across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

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