Trending Highlights of the Market:
A projector also known as image projector is an optical device that projects an image onto a surface, commonly a projection screen. Most projectors create an image by shining a light through a small transparent lens, but some newer types of projectors can project the image directly, by using lasers. Changing lifestyles, decrease in price and rising spending on electronics has led to an upsurge in demand. Various emerging segments such as Education and Audio Video System Integration in commercial segment are booming with demand for projectors.
The market has been segment into North America, South America, Europe, Asia-Pacific, and Middle East and Africa. Educational system integrators are thriving in India and helping to cater to the growing requirement of audio-visual equipment. Further, the market is expected to grow at a faster pace due to the revival of delayed projects in the recent times.
Some of the key market players of the Projector Market are Toshiba, BenQ, Sony, Optoma, Epson, NEC, Panasonic, HITACHI, ViewSonic, JVC, Canon, InFocus, Acer, AAXA Technologies, and LG Electronics.
The Projector Market is discussed on the basis of Product into DLP Projection Technology, LCD Projection Technology, LCoS Projection Technology, and Others, within which DLP Projection Technology has been the most contributing segment of the market since the recent years. On the basis of Application into Home, Commercial, within which the Commercial have the largest share to the market.