Growth opportunities in the 3D projector market look promising over the next six years. This is mainly due to the increasing adoption of 3D projectors in home theatres and cinema halls, the growing usage of the 3D projector for large venues and events, and advancements in 3D projector technology.
3D Projector Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The augmenting adoption of the 3D projectors in cinema halls, smart classrooms, and home theatres is a key factor stimulating the growth of the global 3D projector market. The projectors’ ongoing technological innovations and easy accessibility will attract consumers to choose 3D projector solutions with better image quality and several connectivity features like Bluetooth & Wi-Fi connectivity. Also, the growing prominence of 3D movies because of the authentic experience imparted by the 3D projectors will boost the demand for 3D movies, thereby fuelling the 3D projector market size.
The surging use of 3D projectors for large exhibitions, venues and events coupled with the emerging trend of laser-based 3D printers among end-users will result in tremendous growth opportunities for the market. The advent of advanced technologies in 3D projectors, including Liquid Crystal Display (LCD) and Liquid Crystal on Silicon (LCoS) technologies, along with the spread of smaller size 3D projector units, is anticipated to raise the demand for the Global 3D Projector market over the coming years. However, the technological restrictions with DLP projectors may hamper the growth of the market.
Regional Drivers
Based on the regional coverage, Asia-pacific is predicted to witness a higher CAGR during the forecast period because of the availability of 3D projectors at a reasonable price across the Asian countries, especially in Japan and China. Additionally, the increasing adoption of innovative technologies in the education and entertainment sector across the developing countries, China and India, will result in new opportunities in the market. The shift in customer’s preference towards 3D movies will enhance the rising demand of the market. For example, in China, various production houses are releasing their movies in 3D versions to meet the customers’ altering demand. Also, the growing number of movie screens and the increasing demand for gaming projectors and home theatre across the end-users will further contribute to the market growth.
3D Projector Market’s leading Manufacturers:
- ViewSonic Corporation
- NEC Display Solutions, Ltd.
- Vivitek Corporation
- Seiko Epson Corporation
- Sony Corporation
- Panasonic Corporation
- JVC Kenwood Corporation
- BenQ Corporation
- Barco NV
- Optoma Corporation
3D Projector Market Segmentation:
Segmentation by Technology:
- DLP
- LCD
- LCoS
Segmentation by Light Source:
- Laser
- LED
- Hybrid
- Metal Halide
- Others
Segmentation by Brightness:
- Less than 2,000 lumens
- 2,000 to 3,999 lumens
- 4,000 to 9,999 lumens
- 10,000 and above lumens
Segmentation by Resolution:
- VGA
- XGA
- HD & Full HD
- 4K and Above
Segmentation by Application:
- Cinema
- Education
- Business
- Home Theater & Gaming
- Events & Large Venues
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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