The global 3D projector market is anticipated to value USD 4.34 billion until 2025. It is also expected to register a CAGR of 5.4% over the forecasted years, 2019 to 2025. The rapid technological advances being carried out for enhancing the viewer’s experience and is projected to drive the demand for 3D projectors over the forecasted period, 2019 to 2025.
The laser segment is anticipated to register the highest CAGR in the upcoming years on account of benefits like improved accuracy and enhanced lifecycle. While the segment of LED is anticipated to hold major share across the global market owing to benefits like enhanced life span and more efficiency as compared to the traditional ones.
The cinema segment accounted for a share of 25.0% across the global market due to need for developing movies with enhanced features like clearer picture and higher brightness. On the other hand, the corporate segment also hold major share due to the rising adoption of such products across many offices and organizations for better visibility in presentations.
In 2018, the Asia Pacific dominated the global 3D projector market owing to rapid growth of the film industry coupled with the shifting inclination towards 3D movies. The Europe and North America are anticipated to witness substantial growth on account of increasing usage of 3D projectors for the representation of data.
The market for 3D projector includes key players such as Acer Inc., Delta Electronics, Optoma Corporation, Sony Corporation, Panasonic Corporation, and NEC Display Solutions. They are constantly engaged in development and innovation to develop more advanced products for enhancing user experience.
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Further key findings from the report suggest:
• The laser segment is anticipated to witness highest CAGR over the forecasted period, 2019 to 2025.
• The cinema application segment held the largest share of around 25.0% across the global market.
• In 2018, Asia Pacific dominated the global 3D projector market.
• The key players in this market are Acer Inc., Delta Electronics, Optoma Corporation, Sony Corporation, Panasonic Corporation and NEC Display Solutions.
Million Insights has segmented the global 3D Projector market on the basis of technology type, brightness, light source, application, and region:
3D Projector Technology Type Outlook (Revenue, USD Million, 2015 - 2025)
3D Projector Brightness Outlook (Revenue, USD Million, 2015 - 2025)
• Less Than 2,000 Lumens
• 2,000 to 3,999 Lumens
• 4,000 to 9,999 Lumens
• 10,000 & Above Lumens
3D Projector Light Source Outlook (Revenue, USD Million, 2015 - 2025)
3D Projector Application Outlook (Revenue, USD Million, 2015 - 2025)
• Home Theater and Gaming
• Events and Large Venues
3D Projector Regional Outlook (Revenue, USD Million, 2015 - 2025)
• North America
• Asia Pacific
• Latin America
• Middle East & Africa