At 14+% CAGR, Pico Projector Market Potentially Worth $3.44 Billion by 2022 Led by DLP (Digital Light Processing) Technology

The pico projector market is forecast to reach $3.44 billion by 2022 from $1.28 billion in 2015 at a CAGR of 14.52% during (2016-2022) driven by amalgamation of projection technology with portable electronics products, the development of pico projectors with superior specifications and availability of feature-packed pico projectors to end-users.

PUNE, India, Nov. 29, 2016 /PRNewswire-iReach/ -- The pico projector market to exhibit significant growth potential between 2016 and 2022. Pico projector with 480p resolution to hold the largest share of the overall pico projector market. Pico projectors with 480p resolution were introduced in the market once the concept of pico projector has started to evolve. Pico projectors with 480p resolution are the perfect trade-off between the low cost and satisfactory picture quality; therefore, these products hold the largest market share. Complete report on "Pico Projector Market" spread across 155 pages, profiling 14 companies and supported with 71 tables and 68 figures is now available at http://www.reportsnreports.com/reports/272327-pico-projector-market-by-technology-dlp-lcos-lbs-type-usb-standalone-media-player-embedded-product-model-brightness-application-aerospace-defense-automotive-business-education-consumer-healthcare-geography-forecasts-analysis-2013-2020-.html.

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The market for non-embedded (standalone) pico projector is expected to grow at a highest rate between 2016 and 2022. The pico projector market has witnessed several launches of non-embedded pico projectors in the past couple of years. These devices are engineered with better specification than their earlier version, in term of HD picture quality, high brightness output, multiple connectivity alternatives, and sufficient battery life; therefore the market for non-embedded pico projector is expected to register the highest growth rate than embedded pico projectors. 

The APAC to be the largest and the fastest growing market for pico projector between 2016 and 2022. APAC holds the largest share in the global pico projector market, and China and Japan are the key contributors of this market. APAC is also a manufacturing hub for pico projectors. Huge population and demand for portable electronics makes APAC the largest pico projector market.

Research Study Coverage: The research report on the global pico projector market covers different segments, namely, type, technology, components, specification, application and geography. The market has been segmented on the basis of type into embedded and non-embedded pico projectors. On the basis of technology, the pico projector market has been classified into digital light processing (DLP), liquid crystal on silicon (LCoS), and laser beam steering (LBS). The report covers three types of components, namely, light source, Illumination system, and projectors lens. Specifications of pico projector include brightness, resolution, and power source. Further, the pico projector market has been segmented on the basis of application into consumer electronics, business and education, retail, and healthcare. The report covers four major geographical regions, namely, North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW).

This research study is obliging for following audience:

  1. Pico projector manufacturers
  2. Distributor of consumer electronics products, including ecommerce stores
  3. Pico projector component suppliers (Optical module, microdisplay, light source, and battery)
  4. Banks, financial institutions, investors, and venture capitalists
  5. Technology investors
  6. Governments and financial institutions
  7. Analysts and strategic business planners
  8. End users who want to know more about the pico projector market in consumer electronics and the latest technological developments in this market

The key players in the pico projector market include Aaxa Technologies Inc. (U.S.), Lenovo Group Ltd. (China), LG Electronics, Inc. (South Korea), Texas Instruments, Inc. (U.S.), ZTE Corporation (China), Optoma Technology Corp. (Taiwan), Sony Corporation (Japan), Koninklijke Philips N.V. (Netherlands), MicroVision, Inc. (U.S.), Celluon, Inc. (South Korea), Miroir USA (U.S.), RIF6 LLC (U.S.), and Global Aiptek Corporation (Taiwan). Make an Inquiry on "Pico Projector Market by Type (Embedded, Non-embedded), Technology (DLP, LCoS, LBS), Specification (Brightness, Resolution, Power Source), Application (Consumer Electronics, Business & Education), Components, and Geography - Global Forecast to 2022" research report at http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=272327 .

The health and safety issues pertaining to the use of laser source in laser beam steering (LBS)-based pico projector is a restraining factor for the growth of the pico projector market.

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (30%), Tier 2 (35%) and Tier 3 (35%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (55%), Director Level (30%) and others (15%) from various key organizations operating in the pico projector market. The primary interviews were conducted worldwide covering regions such as North America (20%), Asia-Pacific (35%), Europe (35%), and RoW (10%).

On a related note, another research titled Spatial Light Modulator Market Global Forecast to 2020 says, the spatial light modulator market is expected to grow from USD 202.2 million in 2015 to USD 451.2 million by 2020, at a CAGR of 17.4% during the forecast period. The beam shaping application segment is expected to contribute the largest share by 2020. The spatial light modulator market in Asia-Pacific is projected to witness significant growth in terms of consumption of spatial light modulator across various applications. Companies such as Hamamatsu Photonics K.K. (Japan), SANTEC CORPORATION (Japan), Forth Dimension Displays Ltd. (U.S.), Jenoptik AG (Germany), HOLOEYE Photonics AG (Germany), and Texas Instruments (U.S.) have been profiled in this 83 pages research report available at http://www.reportsnreports.com/reports/467988-spatial-light-modulator-market-by-application-beam-shaping-display-optical-laser-beam-steering-holographic-data-storage-resolution-less-than-1024768-px-eq-or-more-than-1024768-px-type-and-geography-global-forecast-to-2020.html .

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2016

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