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Projection Mapping Market by Offering, Projection Distance, Dimension, Applications And Region - Global Forecast to 2023

Projection Mapping Market: Projection until 2023

  • September 2018
  • 133 pages
  • ID: 5582490
In this report:
For standard throw, it was valued at ##.## thousand units in 2017 and is expected to reach ##.## thousand unit by 2023, at a CAGR of ##.##% during the forecast period.
The shipment of projectors was valued at ##.## thousand units in 2017 and is expected to reach ##.## thousand units by 2023, at a CAGR of ##.##% during the forecast period.

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The projection mapping market forecasted to grow at a CAGR (Compound annual growth rate) of ~21.1 percent between 2018 and 2023

The global projection mapping market is projected at ~$1.4B in 2018 and is forecasted to reach ~$3.6B by 2023, at a compound annual growth rate (CAGR) of ~21.1 percent between 2018 and 2023.

The market increase is assigned to the increasing adoption of projection mapping in media events over the last few years and increasing investment in product advertising.The increasing availability of 3D and 4D content and growing use of augmented and virtual reality are anticipated to boost the projection mapping market by creating opportunities during the outlook period.

High cost of using projection mapping technique compared to traditional techniques is acting as a main restraint for the projection mapping market. Lack of awareness and knowledge about the projection mapping technology is acting as a main challenge for the increase ot the projection mapping market.

Large venue applications are anticipated to grow at the maximal rate during the estimate period

Significant venues primarily imply museums, houses of worship, and important amusement and theme parks.There is a increasing demand for projection mapping in theme and amusement parks across the globe.

Many amusement and theme parks are anticipated to be opened in the next years (2018-2020).Demand for projection mapping is, therefore, anticipated to grow in future.

Projection mapping is also being used in museums to create 3D environment with visual effects.

Projection mapping market in the whole Americas is forecasted to hold the biggest industry size during the outlook period

The whole Americas is among the important industries for projection mapping.It is one of the early adopters of projection mapping technique.

The projection mapping market in North America (NA) is expected to grow considerably in the next years since North America continent is main hub for corporate events, shows and sports events.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions have been managed with main industry people.

The breakup of the profile of primary members taking part has been provided below:

• By Company category: Tier 1 - 55.0 percent, Tier 2 - 25.0 percent, and Tier 3 - 20.0 percent

• By Description: Directors - 50.0 percent, Managers - 20.0 percent, Vice President -25.0 percent, and Others - 5.0 percent

• By Area: North Americas - 40.0 percent, EU - 35.0 percent, Asia-Pac - 15.0 percent, and rest of the world - 10.0 percent

Firms that can provide low-cost end-to-end solutions for projection mapping is anticipated to emerge as game changers as the global cost of projection mapping is one of the main restraining factors for the increase of projection mapping.

Main firms included in the projection mapping report are Panasonic (PCRFY), Seiko Epson Corporation, Barco NV, Christie Digital Systems, and BenQ Corporation. The analysis also comprises companies including Digital Projection, Optoma Corporation, NEC Display Solutions, Vivitek, Green Hippo, AV STUMPFL, Resolume, HeavyM, GarageCube, Bluepony, Lumitrix, ViewSonic and NuFormer.

• In terms of application (Events, festival, big venue, retail & entertainment, and others (simulation, auditorium, and universities)

• In terms of geography-North America, Europe (EU), Asia Pacific (APAC), and Rest of the globe (South America region, Middle East (ME) and African continent)

Reasons to Buy This Report:

From an insight prospect, this industry report has emphasized several levels of analysis - industry, market ranking review of top actors, value chain study; company descriptions that discuss basic views on the competitive landscape, coming out and high-growth segments of the projection mapping market, and high-growth areas; and sector drivers, market restraints, opportunities, and alternatives.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on projection mapping related products provided by key players in the global projection mapping market

• Product development/innovative products: Detailed insights regarding R&D activities, emerging technologies, and launches of new product in the projection mapping market

• Market development: Highlighted information about lucrative emerging markets-the report examines the industries for projection mapping across localities

• industry diversification: Complete information about untapped areas, recent evolutions, and market investments in the global projection mapping market

• opposing assessment: In-depth assessment of market ranking review, strategies, products, and manufacturing competences of key players in the projection mapping market

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