1. Market Research
Pico Projector Market by Type, Technology, Specification, Application, Components, and Geography - Global Forecast to 2022

Pico Projector Market: Global Forecast until 2022

  • November 2016
  • 157 pages
  • ID: 4405156
In this report:
The market in Asia-Pacific accounted for the largest share of ~##% in 2015 and is expected to grow at a highest CAGR of ##.##% between 2016 and 2022.
The market for other verticals which includes enterprise solutions, geospatial mining, automotive, and architecture and building design (BIM) is expected to grow from USD ##.## million in 2015 to USD ##,##.## million by 2022, at a CAGR of ##.##% between 2016 and 2022.

Summary

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"Pico projector market to exhibit significant increase potential between 2016 and 2022"

The pico projector market is anticipated to rise at a compound annual growth rate (CAGR) of ~14.5 percent between 2016 and 2022 to attain ~$3.4B by 2022. Amalgamation of projection technology with portable electronics products and availability of feature-packed pico projectors to end-users are the top driving factors for the increase ot the pico projector market. Nevertheless, health and safety issues pertaining to the use of laser source in laser beam steering -based pico projector is a restraining factor for the increase ot the pico projector market.

"Market for non-embedded pico projector is anticipated to grow at a more significant rate between 2016 and 2022"

The pico projector market has witnessed different 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 projected to register the maximum growth rate than embedded pico projectors.

"Pico projector with 480p resolution to hold the biggest share of the global 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; accordingly, these products hold the biggest market share.

"Asia-Pac to be the biggest and the quickest increasing sector for pico projector between 2016 and 2022"

Asia-Pacific maintains the biggest share in the overall pico projector market, and China (CN) and Japan (JP) are the top contributors of this market. Asia-Pac is also a manufacturing hub for pico projectors. Huge population and demand for portable electronics makes APAC the biggest pico projector market.

The break-up of the profiles of primary members taking part for the industry report has been provided below:

- By Company Type: Tier 1 - 30.0 percent, Tier 2 - 35.0 percent, and 1/3 3 - 35.0 percent

- By Designation: C-suite executives - 55.0 percent, Directors - 30.0 percent, and Others - 15.0 percent

- By area: North america (NA) - 20.0 percent, Europe - 35.0 percent, APAC - 35.0 percent, and rest of the world - 10.0 percent

The top players in the pico projector market contain Aaxa Technologies Inc., Lenovo Group Ltd., LG Electronics, Incorporated, Texas Instruments, Incorporated, ZTE Corporation, Optoma Technology Corp., Sony (TYO:6758), Koninklijke Philips (NYSE:PHG), MicroVision, Incorporated, Celluon, Incorporated, Miroir USA, RIF6 LLC, and Global Aiptek Corporation.

Segment Research

The research report on the overall pico projector market includes several segments, that is, category, technology, components, specification, application and territory. The market has been split on the basis of type into embedded and non-embedded pico projectors. On the basis of technology, the pico projector market has been categorized into digital light processing, liquid crystal on silicon, and laser beam steering. The study contains three types of components, that is, light source, Illumination system, and projectors lens. Specifications of pico projector includes brightness, resolution, and power source. Futhermore, the pico projector market has been split on the basis of application into consumer electronics, business and education, retail, and healthcare. The analysis includes four main geographical regions, that is, North America continent, Europe (EU), Asia Pacific (APAC), and Rest of the globe.

Main highlights

Figures of segmentation, study, and estimate for the sector established on category, technology, components, specification, application and area has been conducted to give an global view of the pico projector market.

The porter's five forces scheme and pricing review has been used along with the value chain study to offer a detailed insight into the pico projector market.

The main drivers, market restraints, alternatives, and opportunities for the pico projector market have been precised in this industry report.

The market research includes an exhaustive competitive analysis together with top players, complete study, and revenue of main actors.

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