According to the new market research report by IndustryARC titled “Pico Projectors Market: By Technology (Digital Light Processing(DLP), Liquid Crystal on Silicon(LCoS), Laser Beam Steering(LBS), and others); By Type (Embedded Pico Projector, Non-Embedded Pico Projector, Media Player Pico Projector, USB Pico Projector, and others); By Industry Verticals (Consumer Electronics, Automotive, Defense & Aerospace, Healthcare, and others); By Geography – (2018-2023)”the market is driven by the demand for bigger screens and sleek models for smartphones so that users can enjoy their experience of watching videos online and offline.
APAC held the largest market share in the Pico Projector Market
Asia Pacific region holds the largest market share in the pico projector market and is anticipated to reach $2.2 billion by 2023. Smartphone companies are continuously developing new models and it is complemented with advancements in display technologies. Such advancements including better resolution and brightness are also leading to several problems such as high power consumption, while increasing the total cost of ownership. Pico projector manufacturing companies are enabling next generation multimedia projector also known as displays and aids consumer electronics’ company to create differentiation in terms of their pico projector technology for different end user market.
Selected Analysis done in the full report
- The advantages of using laser sources for the illumination of micro display based projection displays are compelling in comparison to other technologies. The displays enabled by laser projection technology improve image brightness, power efficiency and image contrast, make possible a wider gamut of colours, reduce size of both the illumination source and the optical system, and improve the depth of field for focus-free usage.
- The companies are laying a huge emphasis on the projection output such as visible/ non-visible infrared, high resolution, high brightness, high contrast, ultra wide field of view, and on enabling augmented reality and integration features such as ultra-miniature size, low power consumption and low material cost. These set of major specifications will enable the adoption of compact projectors’ market.
- Licensing is the key revenue strategy for most of the companies operating in the domain of technology development. Companies will license its technologies to the major OEMs, original design manufacturers (ODMs) and global Tier 1 and 2 manufacturers. Laser pico projector use micro scanning technology is expected to dominate the market in future.
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Excerpts on Market Growth Factors
- Although high volume of people watch online videos and news on their smartphones, very few actually like the experience of watching movies, videos and news on their smartphones. There is a demand for bigger screens and sleek models for smartphones so that users can enjoy their experience of watching videos online and offline. Smartphone companies are continuously developing new models and it is complemented with advancements in display technologies.
- Compatibility of device with different types of displays, will act as the major driver for adoption. In addition, this will significantly improveusers’ experience.The strength of the device for automotive application will lay in its compatibility with different types of heads-up displays (HUDs): reflective, re-emissive and combiner.
- The pico projector developing companies is expected to achieve most of its market revenue from major consumer electronics manufacturers based in Asia and United States. Lemoptix’, laser scanning microprojection technology for picoportable HD projectors was acquired by the Intel Corporation. This further ascertain the interest of Intel in pico projection technology and wide scale integration and adoption from medium term onwards.
- Disruptive applications that will contribute to the mass market adoption include: wearable displays, automotive heads-up displays and smart headlamps, embedded projectors and 3D motion sensing in smartphones, tablets and laptops.
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Key players of Pico Projector Market:
Texas Instrument is one of the leading player in pico projector market. The company is expected to the dominant player with constant product launches and developments.The most important challenge that the pico projectors in the consumer electronics industry face is the resolution of images on different surfaces. With the advancement in the displays of televisions, laptops and mobile phones, there is a need for resolution of 720 progressive scans and brightness of 20‒30 lumens in picoprojectors. This makes it more difficult for developers/ manufacturers to provide high quality image on certain surfaces, for instance, curved surfaces. The demand is not only for high quality images but also for high quality projection of movies, video games or even touchscreen menus. It is vital for the pico projector companies to provide high resolution and brightness to stay abreast of current market demand.
Pico Projector Market Report is segmented as indicated below.
- Pico Projectors Market– By Technology
- Digital Light Processing(DLP)
- Liquid Crystal on Silicon(LCoS)
- Laser Beam Steering(LBS)
- Holographic Laser Projection
- Pico Projectors Market– By Type
- Embedded Pico Projector
- Stand-Alone/ Non-Embedded Pico Projector
- Media Player Pico Projector
- USB Pico Projector
- Laser Pico Projector
- Pico Projectors Market– By Specifications
- Projector Size
- Up to 480p
- 0–50 Lumens
- 50–100 Lumens
- 100–150 Lumens
- 150 and Above
- Image Size
- Display Technology
- Pico Projectors Market– By Components
- Light Source
- Pico Projectors Market– By Industry Verticals
- Consumer Electronics
- Laptop & Desktops
- Smart Phones
- Digital Camera
- Portable Media Players
- Power & Analog
- Battery Management
- Head-Up Displays
- Defense & Aerospace
- Educational Institutions
- Pico Projector Market By Geography
- Pico Projector Market By Entropy
- Texas Instrument
- Aaxa Technologies
- Company 6
- Company 7
- Company 8
- Company 9
- Company 10+
What can you expect from the report?
The Pico Projector Market Report is Prepared with the Main Agenda to Cover the following 20 points:
- Market Size by Product Categories
- Market trends
- Manufacturer Landscape
- Distributor Landscape
- Pricing Analysis
- Top 10 End user Analysis
- Product Benchmarking
- Product Developments
- Mergers & Acquisition Analysis
- Patent Analysis
- Demand Analysis (By Revenue & Volume)
- Country level Analysis (15+)
- Competitor Analysis
- Market Shares Analysis
- Value Chain Analysis
- Supply Chain Analysis
- Strategic Analysis
- Current & Future Market Landscape Analysis
- Opportunity Analysis
- Revenue and Volume Analysis
Does IndustryARC publish country, geography or application based reports in Pico Projector Market?
Yes, we do have separate reports as mentioned below:
- Americas Market for Pico Projector (2018-2023)
- Europe Market for Pico Projector (2018-2023)
- APAC Market for Pico Projector (2018-2023)
- RoW Market for Pico Projector (2018-2023)
- Smartphones Market for Pico Projector (2018-2023)
- Tablets Market for Pico Projector (2018-2023)
- Professional Cameras Market for Pico Projector (2018-2023)
- Gaming Market for Pico Projector (2018-2023)
- Healthcare Market for Pico Projector (2018-2023)
- Automotive Market for Pico Projector (2018 – 2023)
- Consumer Electronics Market for Pico Projector (2018 – 2023)
Does IndustryARC customize these reports and charge additionally for limited customization?
Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:
- Increase the level of data in application or end user industry.
- Increase the number of countries in geography chapter.
- Find out market shares for other smaller companies or companies which are of interest to you.
- Company profiles can be requested based on your interest.
- Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.
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