Global Rear Projection Powder Market Overview:
Rear Projection powder is described as tiled-projection display system whose image is projected on the screen with accurate alignment, blending, calibration and seamless. Rear Projection powder market is expected to mark significant growth over the forecasted period owing to increasing consumers spending on optical shading and technological advancement. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals in the image devices such as LED, LCD, and others.
Market Drivers
- Availability of Various Projector Screens in Different Sector
- Demand for Rear Projection Projectors from Entertainment Industries
- Increased Spending on Digital Education Sector by Government
Market Trend
- Evolution of Projector Paint and Powder Technology
Restraints
- High Cost Associated with Rear-Projectors
Opportunities
- Increasing More and More Events Which Requires Rear Projection Lighting
- Growing Entertainment Sector in both Developed and Developing Countries
Challenges
- High Maintenance Issues of Powder Used in Projection Techniques
- Issue Related to Limitations of Projector Screens
Competitive Landscape:
Some of the key players profiled in the report are Intematix Corporation (United States), Nichia (Japan), Mitsubishi (Japan), Nemoto (Japan), Hongta (China), Nanmat (China), Yantai Shield Advanced Materials Co., Ltd (China), Sichuan Sunfor Light Co., Ltd. (China), Beijing Nakamura Yuji (China) and Luming Technology Group Co., Ltd. (China). Analyst at AdvanceMarketAnalytics see China Vendors to retain maximum share of Global Rear Projection Powder market by 2024. Considering Market by Technology Type, the sub-segment i.e. Phosphor Material will boost the Rear Projection Powder market. Considering Market by End-user Industries, the sub-segment i.e. Art will boost the Rear Projection Powder market.
Market Highlights:
On June 26, 2019, the company named Barco introduces EVL-721, its first laser phosphor rear-projection video wall with laser phosphor technology. This product redefines rear projection walls utilized in 24X7 control rooms and it provides a low total cost of ownership benefits for existing operations.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Rear Projection Powder market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Rear Projection Powder market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Rear Projection Powder Manufactures, Rear Projection Powder Distributors, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, End- Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.