Market Overview:
The global commercial projector market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as technological advancements, increasing demand for projectors in the education sector, and rising demand for 4K projectors. However, high cost of advanced projectors may restrain the growth of this market during the forecast period. On the basis of type, LCD projector held a major share of 63% in 2017 and is expected to maintain its dominance throughout the forecast period. This can be attributed to low cost and easy portability offered by LCD projectors as compared with other types such as LCOS and DLP projection systems.
Product Definition:
A commercial projector is a device that projects an image or video onto a screen for public viewing. They are commonly used in businesses, schools, and other organizations to display presentations, videos, and other information. Commercial projectors vary in size and brightness, but typically have much higher resolutions than consumer-grade projectors. They are also often equipped with networking capabilities so they can be controlled remotely.
LCD:
Liquid Crystal Display (LCD) is a type of display technology that utilizes liquid crystal to change images. The image viewed on the LCD can be in the form of text or pictures. These projectors are used for various applications such as education, business presentations, and recreational activities among others. They are also used in mobile phones and other consumer electronic products among others.
LCOS:
Liquid Crystal on Silicon is a type of display technology that utilizes the light from a cold cathode fluorescent lamp to create images with the help of liquid crystal molecules. The LCOS display has better color quality and sharpness as compared to an LCD, especially in dark environments.
The major advantage offered by LCOS over other technologies is its ability to deliver high contrast ratio even in low ambient light conditions.
Application Insights:
The commercial projector is widely used in the office segment as it helps in creating a collaborative working environment. The growing demand for digital transformation and technological innovation in the workplace has led to an increased use of projectors. The increasing number of start-ups has resulted in an increased requirement for flexible work spaces, which is further driving the demand for these devices.
The education segment accounted for more than 25% share of global revenue on account of high product adoption by schools and colleges across developing countries such as China, India and Brazil. Growing awareness regarding educational projects about various benefits associated with these devices including improved student performance, enhanced classroom teaching methods and ability to create engaging content are expected to drive growth over the forecast period.
Entertainment venue application was estimated at USD 527 million in 2017 owing to its rising adoption by sports stadiums, theaters etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for commercial projectors from emerging countries such as China and India. The growing adoption of these devices in corporate, education, and entertainment sectors is anticipated to drive the regional market growth. Moreover, rising investments by companies in order to enhance their brand image are projected to fuel product demand in this region. For instance, LG Electronics Inc., a South Korean electronics company has introduced its new line of smart LED display’s called ‘The New LG SmartThinQ' which includes a smart projector called LG BP6500 that can connect wirelessly with Amazon Alexa device enabling users ask questions via voice command and also provides information on weather forecast along with other useful data using built-in Google Assistant software.
Growth Factors:
- Increasing demand for commercial projectors in the education sector as a result of the growing trend of digital learning and increasing number of classrooms with interactive whiteboards.
- The increasing demand for large-screen displays in retail and advertising applications is expected to drive the growth of the commercial projector market during the forecast period.
- Rising adoption of digital signage solutions across various industry verticals is also expected to fuel the growth of the global commercial projector market over the next few years.
- Growing demand for 3D projectors in various end-use applications is another major factor that is anticipated to propelthe growthof thismarketduringtheforecastperiod.
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Projector Market Research Report
By Type
LCD, LCOS, DLP
By Application
Office, Education, Entertainment Venue, Others
By Companies
BenQ, Acer, Optoma, NEC, Sharp, Vivitek, Panasonic, Christie, BARCO, Digital Projection, Costar, Viewsonic, ACTO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Projector Market Report Segments:
The global Commercial Projector market is segmented on the basis of:
Types
LCD, LCOS, DLP
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Office, Education, Entertainment Venue, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BenQ
- Acer
- Optoma
- NEC
- Sharp
- Vivitek
- Panasonic
- Christie
- BARCO
- Digital Projection
- Costar
- Viewsonic
- ACTO
Highlights of The Commercial Projector Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LCD
- LCOS
- DLP
- By Application:
- Office
- Education
- Entertainment Venue
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Projector Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A commercial projector is a device used to project images onto a screen. They are typically used in businesses, schools, and other places where large groups of people need to see presentations or movies.
Some of the major companies in the commercial projector market are BenQ, Acer, Optoma, NEC, Sharp, Vivitek, Panasonic, Christie, BARCO, Digital Projection, Costar, Viewsonic, ACTO.
The commercial projector market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Projector Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Projector Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Projector Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Projector Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Projector Market Size & Forecast, 2020-2028
4.5.1 Commercial Projector Market Size and Y-o-Y Growth
4.5.2 Commercial Projector Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 LCD
5.2.2 LCOS
5.2.3 DLP
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Office
6.2.2 Education
6.2.3 Entertainment Venue
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Projector Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Projector Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 LCD
9.6.2 LCOS
9.6.3 DLP
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Office
9.10.2 Education
9.10.3 Entertainment Venue
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 LCD
10.6.2 LCOS
10.6.3 DLP
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Office
10.10.2 Education
10.10.3 Entertainment Venue
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 LCD
11.6.2 LCOS
11.6.3 DLP
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Office
11.10.2 Education
11.10.3 Entertainment Venue
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 LCD
12.6.2 LCOS
12.6.3 DLP
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Office
12.10.2 Education
12.10.3 Entertainment Venue
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 LCD
13.6.2 LCOS
13.6.3 DLP
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Office
13.10.2 Education
13.10.3 Entertainment Venue
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Projector Market: Competitive Dashboard
14.2 Global Commercial Projector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BenQ
14.3.2 Acer
14.3.3 Optoma
14.3.4 NEC
14.3.5 Sharp
14.3.6 Vivitek
14.3.7 Panasonic
14.3.8 Christie
14.3.9 BARCO
14.3.10 Digital Projection
14.3.11 Costar
14.3.12 Viewsonic
14.3.13 ACTO
