Industry Background:
Mobile projector operational principle is same as of conventional projector but with small foot print. Mobile projectors are small hand held devices also called as Pico projectors or pocket projectors. Mobile projectors can also be integrated with tablets, smartphone, camera, notebook and any memory devices to project videos, photos, presentations and other electronic documents on any type of surface. Mobile projector comprises various types of technologies such as DLP (Digital Light Processing), LCoS (Liquid crystal on Silicon), LBS (Laser Beam Steering) and HLP (Holographic Laser Projection). DLP technology involves using tiny mirrors on a chip that directs light, from a white light source, while the LCoS control how much light each pixel gets by a small liquid crystal display & laser beam steering.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Aaxa Technologies, Inc. (United States), LG Electronics, Inc. (South Korea), Koninklijke Philips N.V. (Netherlands), Sony Corporation (Japan), Lenovo Group Ltd. (China), RIF6, LLC (United States), Cremotech Co., Ltd. (China), Celluon, Inc. (South Korea), Texas Instruments, Inc. (United States) and 3M (United States) |
According to AMA, the market for Mobile Projector is expected to register a CAGR of 4.3% during the forecast period to 2028. This growth is primarily driven by Increasing demand due to Compact size and flexible in nature and Availability of mobile projectors with Superior Specification.
Globally, a noticeable market trend is evident Merger of Projection Technology with Portable Electronics Products
Major Manufacturers, such as Aaxa Technologies, Inc. (United States), LG Electronics, Inc. (South Korea), Koninklijke Philips N.V. (Netherlands), Sony Corporation (Japan), Lenovo Group Ltd. (China), RIF6, LLC (United States), Cremotech Co., Ltd. (China), Celluon, Inc. (South Korea), Texas Instruments, Inc. (United States) and 3M (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Mobile projector market has witnessed a number of launches of non-embedded mobile projector in the recent past years. These devices are equipped with better design than their earlier version in term of great brightness output, multiple connectivity options, & vivid picture quality. Considering these factors, the market for non-embedded Mobile projector is expected to exhibit the highest growth rate than embedded Mobile projector.
Key Developments in the Market:
In March 2022, ViewSonic launched the Lamp-Free X1000-4K+ LED Soundbar Projector. One can stream videos or movies wirelessly using their compatible tablets, smartphones and other devices using Wi-Fi.
In March 2022, Samsung unveiled the new Freestyle projector at the Consumer Electronic Show (CES) 2022. It is a small 0.83kg portable projector that can beam a 1080p image from 30 to 100-inches on any wall or surface. The projector's innovative cradle, which can rotate up to 180 degrees and allows users to see video on any surface, including tables, floors, and ceilings, is its standout feature.
Influencing Trend:
Merger of Projection Technology with Portable Electronics Products and Technological advancements in mobile Projectors
Market Growth Drivers:
Increasing demand due to Compact size and flexible in nature and Availability of mobile projectors with Superior Specification
Challenges:
Health and Safety Issues related to Use of Laser and Availability of substitutes with superior quality
Restraints:
Comparatively less brightness and Low battery backup
Opportunities:
Growing demand in various sectors like consumer electronics and Rising disposable income
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Mobile Projector Market
- Analysis about New Entrants in Mobile Projector Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Mobile Projector Study Sheds Light on
The Mobile Projector Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Mobile Projector industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Mobile Projector industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.