What is Smart Projector Market?
A smart projector is a video projector with extra inputs, connectivity and a built-in computer, which is mostly used for entertainment and presentations. It takes input audio/visual signals and outputs video to any flat surface. It has ability to connect to the internet and other sources for quick, large format presentations for bigger audiences. It is capable of doing everything a smart TV can do but on a much bigger screen.
The market study is being classified by Type (Android Smart Projector and Linux System Smart Projector), by Application (Office and Home) and major geographies with country level break-up.
LG Electronics Inc. (South Korea), BenQ Corporation (Taiwan), Epson (Japan), Sony Corporation (Japan), Philips (Netherlands), NEC Corporation (Japan), Acer Inc. (Taiwan), ZECO (India), Optoma Corporation (Taiwan) and Panasonic Corporation (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Casio (Japan) and Hitachi, Ltd. (Japan).
Research Analyst at AMA predicts that Japanese Players will contribute to the maximum growth of Global Smart Projector market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Smart Projector market by Type, Application and Region.
On the basis of geography, the market of Smart Projector has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Improved and Advanced Features of the Smart Projector
- High Demand for Educational Applications
Market Trend
- High Demand for Smart Projectors with New Features
Restraints
- High Maintenance Cost
- Fluctuations in Raw Material Prices
Opportunities
- Growing Consumer Electronics Industry
- Technological Advancements in Projectors
- Growing E-Commerce Industry Worldwide
Challenges
- Availability of Large Players in the Market
On 24th July 2019, LG Electronics USA has announced the launch of its first ultra-short throw 4K Ultra HD projector. Building on LG's artificial intelligence innovations, the HU85LA is the first projector to have both the Google Assistant and LG's own ThinQ AI solution built in, allowing for seamless control and content discovery through simple voice commands.
Key Target Audience
Smart Projector Manufacturers, Emerging Companies, Raw Material Suppliers/ Buyers, Product Suppliers/ Buyers, Distributors, Government Body & Associations and End-user