Pico Projector Market by Technology DLP, LCoS, LBS

The demand for the high quality pico projectors with reasonable price, use of pico projectors in consumer electronics are some of the key influencing factors of the pico projector market.  The pico projector market was valued at USD 1.28 billion in 2015 and is expected to grow at a CAGR of 14.52% between 2016 and 2022. The base year considered for study is 2015 and the forecast period is between 2016 and 2022. The objective of the report is to provide a detailed analysis of the pico projector market based on type, technology, specification, components, applications, and geography. The report provides detailed information regarding the major factors influencing the growth of the pico projector market. The report also gives a detailed overview of the value chain in the pico projector market and analyzes the market trends on the basis of the Porter’s five forces analysis.

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The projection module is a vital component of any pico projector. The advancement in technology has led to the development of better projection modules and light sources. Thus, projection modules have become compact and employ light sources, such as LED which offer more brightness per watt. Technological advancement have further led to a reduction in the size of pico projectors as well as their power consumption. Hence, even pocket-size pico projectors have entered the market and the integration of pico projectors into consumer electronics, such as tablet and mobile devices is the prevailing trend in the market. The pico projector market has also witnessed the introduction of some add-on devices, which could be combined with smartphones and similar devices to enable them to work as pico projector. For instance, Moto Insta-Share projector is exclusively designed for Moto Z smartphones, while MobileCinema i60 from Global Aiptek Corporation (Taiwan) is a highly compatible compact projector for Apple iPhone 6 and iPhone 6s. Moreover, MobileCinema i60 is also compatible with other HDMI-supported devices. In September 2015, Lenovo Group Ltd. (China) had also launched the Lenovo Yoga Tab 3 Pro (a 10.1 inch tablet) with a pico projector of 50 Lumen, which is able to project a 60 inch picture diagonally.

Lenovo already has a wide array of products such as embedded projectors. Other consumer electronics giants, such as Apple, Samsung, LG, and Sony are yet to enter the embedded projectors category. However, Sony and LG do have a significant presence in traditional projector segment.

The following are the major objectives of the study

• To define, describe, and forecast the pico projector market on the basis of type, technology, specification, and application
• To describe components in the pico projector
• To forecast the market size, in terms of value, for various segments with regard to four main regions, namely, North America, Europe, Asia-Pacific, and Rest of the World, along with their respective countries
• To provide the market statistics, along with a detailed classification of the market size in terms of value as well as volume
• To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To provide a detailed overview of the value chain in the pico projector market and analyze the market trends with the Porter’s five forces analysis
• To strategically analyze the micromarkets1 with respect to the individual growth trends, future prospects, and contribution to the overall pico projector market
• To analyze the opportunities in the market for stakeholders by identifying high-growth segments of the pico projector market
• To strategically profile the key players in the market and comprehensively analyze their market position in terms of ranking and core competencies2, along with detailing the competitive landscape for the market leaders
• To analyze strategic developments, such as new product launches and developments, agreements, acquisitions, and contracts in the pico projector market