About DLP Projector
Digital light processing (DLP) projectors beam light through a color wheel and generally based on micro-electro-mechanical technology along with the digital micromirror device (DMD). Of late, it is one of the leading projection technology and is being used in most digital screens in the entertainment industry and other applications as well. The increasing demand for short-throw DLP projectors and ultra-short-throw DLP projectors are expected to boost the growth of the very market in small space applications
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 6.1% |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that Japanese, Taiwanese and United States Players will contribute the maximum growth to Global DLP Projector market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BenQ Corporation (Taiwan), Acer Inc. (Taiwan), Optoma Corporation (Taiwan), NEC Corporation (Japan), Dell (United States), IBM (United States), LG (South Korea), Canon Inc. (Japan), Sharp Corporation (Japan), Delta Electronics Inc. (Vivitek) (Taiwan), Panasonic Coprporation (Japan) and Christie (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Barco NV (Belgium), Digital Projection (United States), ViewSonic Corporation (United States) and Shenzhen ACTO Digital Video Technology Co. Ltd. (China).
Segmentation Overview
AMA Research has segmented the market of Global DLP Projector market by , Application (Entertainment Industry, Education and Government Industry, Business Industry and Others (Large Venues, IT Sectors and Others)) and Region.
On the basis of geography, the market of DLP 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). If we see Market by Lens Type, the sub-segment i.e. Ultra-short Throw Projector will boost the DLP Projector market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. 1-chip DLP Projector will boost the DLP Projector market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Light Source Type, the sub-segment i.e. Lamp will boost the DLP Projector market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Increasing Demand in the Entertainment Industry
Market Growth Drivers:
Highly Reliable with Compare to LCD Projector and Have Low Maintenance Cost and The Growth of Technological Advancement in Education Center
Challenges:
Availability of LCD Projectors and Emerging Technological Projectors
Restraints:
Rainbow Effects and Light Leakage Problem and Lack of Knowledge in Developing and Underdeveloped Economies
Opportunities:
The Increasing Number of Digital Screens in Film Industry in Both Emerged and Emerging Countries
Market Leaders and their expansionary development strategies
In October 2020, LG ha launched the cineBeam PH 30N projector with a resolution equivalent to 720p. It has a built in recharable battery with 2 hours of battery life and offres a quick and easy setup.
In October, Popular consumer electronics major BenQ has launched the new V5000i series 4K RGB laser TV projector. The new premium V5000i series 4K RGB laser TV projector is one of the very few in its class to support 98 per cent of DCI-P3 and 95 per cent of the BT2020 colour range, industry's highest colour spectrum standard. With CinematicColor technology.
Key Target Audience
Original Equipment Manufacturers (OEMs), End-User Applications, Electronic Product Manufacturers, DLP Projector Distributors/Suppliers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.