4K Projector Market Scope
4K technology refers to one of two high definition resolutions, 3840 × 2160 pixels or 4096 × 2160 pixels. 4K is four times the pixel resolution or twice the line resolution of 1080p. The consumer’s preferences are changing with respect to display monitors that fuel the market. These 4K projector innovations are upgraded the television viewing experience, by providing consumers them to watch their video quality which is twice good as HD viewing content. These projectors are most frequently used in larger screen televisions to create better-detailed pictures. The main advantage is that it has a greater resolution which gives a better quality of the view.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Panasonic Corporation (Japan), Canon Inc. (Japan), Epson (Japan), Hitachi Digital Media Group (United Kingdom), BenQ Corporation (Taiwan), Casio Computer Co., Ltd. (Japan), Sony Corporation (Japan), ViewSonic Corporation (United States), Acer Inc. (Taiwan), Dell (United States), Ricoh (Japan), Sharp Corporation (Japan) and Delta Electronics Inc. (Vivitek) (Taiwan) |
CAGR | % |
4K Projector market has witnessed a number of launches of non-embedded mobile projector in the recent past years. These devices are equipped with a better design than their earlier version in terms of great brightness output, multiple connectivity options, & vivid picture quality. Considering these factors, the market for a 4K Projector is expected to the highest growth in upcoming years. Research Analyst at AMA estimates that Japanese Players will contribute to the maximum growth of Global 4K Projector market throughout the predicted period.
Panasonic Corporation (Japan), Canon Inc. (Japan), Epson (Japan), Hitachi Digital Media Group (United Kingdom), BenQ Corporation (Taiwan), Casio Computer Co., Ltd. (Japan), Sony Corporation (Japan), ViewSonic Corporation (United States), Acer Inc. (Taiwan), Dell (United States), Ricoh (Japan), Sharp Corporation (Japan) and Delta Electronics Inc. (Vivitek) (Taiwan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are InFocus (United States), NEC Corporation (Japan) and Optoma Europe Limited (United Kindom).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global 4K Projector market by Type , by Application (School Use, Home Use, Enterprise Use and Others) and Region with country level break-up.
On the basis of geography, the market of 4K 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).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In Apr 2019, JDA Software, Inc. and Panasonic Corporation announced an agreement between JDA Japan and Panasonic to establish a joint venture company to further promote sales of the companies' joint solutions for the manufacturing, logistics, and retail industries in Japan.
In Sept 2020, Samsung Electronics announced its all-new 4K Ultra Short Throw laser projector, The Premiere, at its virtual press conference event “Life Unstoppable” on September 2nd. The new 4K laser projector provides a big picture cinematic experience in the comfort of one’s home., , In Sept 2020, Sony Electronics Inc. announced three new native 4K (4096 x 2160) home cinema projectors with SXRD panels for the consumer and custom installation (CI) channels., and In Aug 2020, Epson announced the launch of its versatile and easy to use 4K PRO-UHD projector EH-TW7100. Priced at Rs.137,999 the EH-TW7100 Projector is ideal for home entertainment and is great for watching 4K contents.
Influencing Trend:
Technology Advancement in 4K Projector
Market Growth Drivers:
Increasing High Demand for Large Screen With High Resolution, Rising Interest of people of Seeing the content in an Ultra-High Resolution and Increased Color Resolution and Bit Depth
Challenges:
Lack of Awareness of the 4K Concept Among the Consumers
Restraints:
High Cost Related to 4K Projector
Opportunities:
The Increasing Number of Digital Screens in the Film Industry in Both Emerged and Emerging Countries and High Potential in Developing Countries
Key Target Audience
Manufacturers of 4K Projector, Suppliers of 4K Projector, Consumer Industry, Governmental Bodies, Research Firms, End-User Applications and Electronic Product Manufacturers