About Multimedia Projectors
A Multimedia Projector, also known as a data projector or digital projector is used to project text, images, and videos on a large screen. The demand for projectors in educational institutes is expected to grow owing to the adoption of digital classroom learning. Advancements such as laser technology providing high picture quality, compactness and portability are fueling the demand for projectors in corporate organizations and homes.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.0% |
Analyst at AMA Research estimates that Japanese Players will contribute the maximum growth to Global Multimedia Projectors 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.
Epson (Japan), Dell (United States), Lenovo (China), Hewlett-Packard (United States), Sony (Japan), Hitachi (Japan), Microtek (Japan), Casio (Japan), Acer (Taiwan) and Samsung (South Korea) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Hitachi (Japan), Barco (Belgium), BenQ (Taiwan), Optoma Corporation (Taiwan), Canon (Japan), ViewSonic (United States), LG Electronics (South Korea), Vivitek (United States), JVC (Japan), Panasonic Corporation (Japan), Knoll Inc. (United States), Fujitsu (Japan), NEC (Japan), Xerox (United States), Delta (United States), IBM (United States), Aiptek (Taiwan) and 3M (United States).
Segmentation Overview
AMA Research has segmented the market of Global Multimedia Projectors market by Type (DLP, LCD and Other), Application (Business {Large, Medium and Small}, Institutes and Schools, Residential, Cinema and Others) and Region.
On the basis of geography, the market of Multimedia 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). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Multimedia Projectors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by OS compatibility, the sub-segment i.e. Windows will boost the Multimedia Projectors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Networking Type, the sub-segment i.e. Wired will boost the Multimedia Projectors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Transition from Ceiling Mounted Projectors To Portable Projectors and 4K Laser Projectors which are High Brightness, High-Image-Quality Projectors Are Increasingly Taking Over The Market
Market Growth Drivers:
The Shift From Conventional Teaching Methods Towards Digitized Learning in Schools and Wireless HD Functions and Portable Screens in Home Projectors Are Attracting Consumers in Urban Areas
Challenges:
Output Quality Is Compromised To Provide Larger Display Area
Restraints:
High Cost and Relatively-Short Lifetime
Opportunities:
Implementation of ‘Digital India’ Initiatives by Indian the Government Likely To Increase Demand in India and 3D Home Projectors Are Widely Used for 3D Gaming and Entertainment
Market Leaders and their expansionary development strategies
In December 2023 , Global Logic, a Hitachi Group Company and a leader in Digital Engineering, today announced that it has entered into a definitive agreement to acquire Mobiveil, a specialized embedded engineering services firm headquartered in the United States. The acquisition will expand GlobalLogic's existing capabilities in Embedded Software which is essential for new digital products and services in key industries including Semiconductor, Automotive, Media, and MedTech, and High Tech. The acquisition also brings marquee client relationships and provides GlobalLogic with immediate access to a substantial skilled talent pool relevant to the industry.
In In December 2018,Christie®, a leader in creating and sharing the world’s best visual and audio experiences, is pleased to announce that Cinema 21, the largest movie theater chain in Indonesia, has purchased 50 units of Christie’s next-generation CP4325-RGB RealLaser™ cinema projectors for deployment in its new multiplexes across Indonesia.
FDA, the regulatory body of the U.S has laid down standards for the design and manufacture of laser products. In designing laser products, manufacturers must first determine the level of laser radiation to which human access is necessary during operation in order for the product to perform its intended function. This level should be determined in terms of the nature of the product, as well as significant economic and design factors.
Key Target Audience
Multimedia Projector Manufacturer, Government Bodies Associations, Research Companies, Traders/Distributors/Suppliers, End-User 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.