Published Date: 30-Sep-2019
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According to a new report Global 3D Projector Market, published by KBV Research, The Global 3D Projector Market size is expected to reach $4.6 billion by 2025, rising at a market growth of 7.6% CAGR during the forecast period.
The DLP market dominated the Global 3D Projector Market by Technology 2018, growing at a CAGR of 6.4 % during the forecast period. It is expected that DLP technology will lead the 3D projector market as manufacturers prefer their projector technology because it is easy to maintain since it has a filter-free and sealed chip design. With good contrast and high contrast ratio, DLP projectors offer vivid, colorful, clear images. Due to the limited space between the pixels, the projected image is sharper. Light loss is significantly reduced and due to the use of mirrors, which project images without shadows, the light output is high. Increased DLP technology preference is likely to lead to market growth on the 3D projector market. The LCD market is expected to witness a CAGR of 8.3% during (2019 - 2025). Additionally, The LCOS market is expected to witness highest CAGR of 8.5% during (2019 - 2025).
The Cinema market dominated the Global 3D Projector Market by End User 2018, growing at a CAGR of 6.3 % during the forecast period. Cinema application is likely to grow during the projected period with the highest CAGR. The growth of the industry is being affected by an increasing number of cinema displays in different countries, and by the increasing adoption of digital and 3D screens. Increased 3D cinema demand from viewers gives the 3D projector market an opportunity, because the best immersive experience is offered by 3D film-enabled projectors. Increased numbers of screens are therefore a chance for the market to grow. For example, according to data provided by China's film bureau, the number of film screens in China as of 2018 exceeded 50,000, compatible with 3D for 88 percent of the screens.
The Business market is expected to witness a CAGR of 7.2% during (2019 - 2025). The Education market is expected to witness a CAGR of 8.2% during (2019 - 2025). Additionally, The Home Theater and Gaming market is expected to witness highest CAGR of 9% during (2019 - 2025).
The Asia Pacific market dominated the Global 2,000 to 3,999 Lumens 3D Projector Market by Region 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $942.7 million by 2025, growing at a CAGR of 7.3 % during the forecast period. The Europe market is expected to witness a CAGR of 6.2% during (2019 - 2025). Additionally, The North America market is expected to witness a CAGR of 6.1% during (2019 - 2025).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Sony Corporation, Seiko Epson Corporation, Panasonic Corporation, NEC Corporation, Acer, Inc., Canon, Inc., Coretronic Corporation, ViewSonic Corporation, Dell Technologies, Inc. and Boxlight Corporation.
By Light Source
By End User
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