Pico Projector Market Driver Analysis and Dynamics Forecast by 2022 by Miller@21 · January 9 Taysom Hill Saints Jersey , 2019
According to the new market research report “Pico Projector Market by Type (Embedded, Non-embedded), Technology (DLP, LCoS, LBS), Specification (Brightness Taysom Hill Kids Jersey , Resolution, Power Source), Application (Consumer Electronics, Business & Education), Components, and Geography – Global Forecast to 2022″ Taysom Hill Youth Jersey , the pico projector market was valued at USD 1.28 Billion in 2015 and is expected to reach USD 3.44 Billion by 2022, at a CAGR of 14.52% between 2016 and 2022. The factors that are driving the growth of the pico projector market include the integration of projection technologies with portable electronic devices and the development of pico projectors with superior specifications.
The pico projector market has witnessed a number of launches of non-embedded pico projector in the recent past. These devices are equipped with better design than their earlier version in term of great brightness output, multiple connectivity options, and vivid picture quality. Considering these factors, the market for non-embedded pico projector is expected to exhibit the highest growth rate than embedded pico projector.
Digital light processing (DLP)-based pico projector holds the largest share in the pico projector market. DLP is an advanced projection technology developed by Texas Instruments, Inc. (U.S.). DLP is one of the finest technologies in the field of projection and near-eye display Taysom Hill Womens Jersey , and also well implemented in pico projectors. Cinema and conventional projector is also based on DLP technology, hence this technology provides excellent results in the pico projector as well. On the other hand, laser beam steering (LBS) is an emerging technology in the field of projection engineering and is patented by MicroVision, Inc. (U.S.). LBS provides focus-free setup and vibrant picture as compared to other technologies at comparable brightness level.
Download PDF Brochure @ 鈥淣on-embedded (standalone) pico projectors to hold the largest share of the pico projector market鈥?p> Non-embedded (standalone) pico projectors would lead the global pico projector market between 2016 and 2022. The growth of the pico projector market is driven by factors, such as ease of connectivity, high resolution output Authentic Taysom Hill Jersey , greater display size, and improved brightness level. Moreover, some other factors such as the small-form and convenience makes the non-embedded (standalone) pico projector popular among end users.
鈥淒LP technology market for pico projector is expected to hold the largest share, whereas LBS technology is expected to grow at the highest rate between 2016 and 2022鈥?p> Digital light processing (DLP) is a renowned projection technology pioneered by Texas Instruments, Inc. (U.S.). DLP is one of the best technologies in the field of projection engineering and is also widely adopted in pico projectors. DLP technology is being used in cinema and conventional projector, hence this technology also offers excellent results in the pico projector. Laser beam steering (LBS) is an emerging technology in the field of projection and is patented by MicroVision Taysom Hill Jersey , Inc. (U.S.). LBS provides focus-free operation, and vivid and clear picture as compared to other technologies at equivalent brightness level.
鈥淎sia-Pacific (APAC) is expected to lead the growth in the pico projector market between 2016 and 2022鈥?p> The growth of the pico projector market in APAC is expected owing to the huge demand of pico projectors from consumer electronics, and business and education segment. Moreover, per capita disposable income and economic activities are increasing in APAC. Many emerging companies in APAC are engaging in the development of pico projectors. Furthermore, strategies like new product launches are also driving the growth of the pico projectors in APAC.
The major players involved in the pico projector market, include Aaxa Technologies, Inc. (U.S.), LG Electronics, Inc. (South Korea), Koninklijke Philips N.V. (Netherlands), Sony Corporation (Japan), Lenovo Group Ltd. (China)#7# along with other emerging companies, such as RIF6, LLC (U.S.), Cremotech Co., Ltd. (Taiwan), and Celluon#8# Inc. (South Korea). Texas Instruments, Inc. (U.S.) and MicroVision, Inc. (U.S.) are considered as the key suppliers of the projection technology in the pico projector market.
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