Pico Projectors Market Scope
Pico projector is a handheld projector designed to project content from a tablet, smartphone, camera, and other memory devices onto a flat surface. Pico projector can be incorporated with digital camcorders, digital cameras, digital photo frames, laptops, portable media players, and other electronic devices. The market currently is in the explosive growth time period owing to the integration of pico projectors in smartphones. Further, companies are focusing on developing compact designs for pico projectors. Increasing sales of consumer electronics also supplementing the growth of pico projector market.
According to AMA, the Global Pico Projectors market is expected to see growth rate of 11.56%
Numerous players are present in the market hence fragmented nature of the market. Market leaders are focusing on technological development to enhance the efficiency of pico projectors. For instance, recently Kodak launched compact Pocket Portable Projector, Pocket Wireless Pico Projector and Pocket Pico Projector with the built-in rechargeable battery. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Pico Projectors market throughout the predicted period.
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. (Taiwan), Celluon, Inc. (South Korea), Samsung (South Korea), Texas Instruments, Inc. (United States), MicroVision Inc. (United States), Panasonic (Japan), ZTE Corporation (China) and Global Aiptek Corporation (Taiwan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Syndiant (United States), STMicroelectronics (Switzerland), Kodak (United States), Optoma USA (United States) and Miroir USA (United States).
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 total available market.
Segmentation Overview
The study have segmented the market of Global Pico Projectors market by Type (Embedded Pico Projector and Non-embedded Pico Projector), by Application (Consumer Electronics, Business & Education, Retail and Healthcare) and Region with country level break-up.
On the basis of geography, the market of Pico Projectors 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).
8th February 2019, AAXA Technologies Pico projector specialist launch new P7 Mini HD DLP pico projector with 1080p native resolution, powerful 10,000mah lithium-ion battery, and employs a full solid-state led light-source.
Market Trend
- Increasing Demand for Pico Projector for Smartphones and Tablets
- Increasing Application of Liquid Crystal on Silicon (LCOS) In Pico Projector
Market Drivers
- Technological Advancement in Projection Technology for Portable Electronics Devices
- Development in Superior Specification for Pico Projectors
Opportunities
- Rising Demand for Consumer Electronics
- Increasing Disposable Income in Low and Middle-Income Countries
Restraints
- Eye-Safety Concerns Regarding Laser-Beam-Steering Based Pico Projectors
- Low Brightness and Resolutions Associated To Pico Projectors
Challenges
- Availability of Substitute Products Such As Flat Panel Display
- Growing Dominance of Local Players
Key Target Audience
Pico Projector Manufactures, Distributor of Consumer Electronics Products Including Ecommerce Store, Pico Projector Component Suppliers, Banks, Financial Institutions, Investors, and Venture Capitalists, Technology Investors, Governments and Financial Institutions, Analysts and Strategic Business Planners and Others