Market Overview:
The global home projectors market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for home video and entertainment applications, and the growing adoption of LED light source projectors. North America is expected to hold the largest share of the global home projectors market in 2018, followed by Europe and Asia Pacific.
Product Definition:
A home projector is a device that projects an image of a computer or other video source onto a screen or wall. Home projectors can be used for watching movies, gaming, and presentations.
LED Light Source:
LED light source is the latest innovation in the home projector market. The growth factor for LED light source is its low cost and high brightness as compared to other light sources such as LCD, DLP, and LASER. In addition, it has a longer life span than other lights which makes it more popular among consumers.
Laser Light Source:
A laser light source is a device that produces visible light by the means of a semiconductor with the help of optical fiber or free space optics. The most commonly used lasers are those which are based on gas-discharge technology and solid-state technology. A typical home projector consists of an optical drive, lamphouse, cooling fan assembly, power supply unit and other accessories like remote control & cable management kit.
Application Insights:
The home video application segment accounted for the largest revenue share of over 40% in 2017. The growing adoption of projectors at home and commercial places such as offices and entertainment centers is expected to be a key factor driving the demand for HHP. Furthermore, rising demand for smart features, such as picture-in-picture function, wireless connectivity, and compatibility with various operating systems is projected to further fuel the product demand over the forecast period.
The office application segment accounted for a significant market share in terms of revenue generation in 2017 owing to increasing need among companies/organizations to upgrade their existing technology infrastructure with modern equipment that can support their business operations effectively.
Regional Analysis:
Asia Pacific dominated the global home projectors market in 2017. This is attributed to increasing disposable income, growing population of the middle-class income group, and rising demand for high-quality entertainment products. The growth of the region can be attributed to a large extent by China and India as these countries have a huge potential for growth in this industry owing to their rapidly expanding middle class population along with increasing urbanization rates.
The North American regional market held a significant share in 2017 due to strong presence of prominent players such as Optoma Technology Inc.; Epson America; Panasonic Corporation; SAMSUNG ELECTRONICS CO., LTD.; SHARP CORPORATION; VIZIO INC.; and LG ELECTRONIC SYSTEMS INC. Moreover, U.S has one of the largest bases for technology adoption rate among developing nations owing to its well-established electronics manufacturing sector which includes key players such as Micron Technology Inc., Intel Corporation, Texas Instruments Inc.
Growth Factors:
- Increasing demand for home entertainment: Home projectors offer an immersive viewing experience, which is why they are becoming increasingly popular among consumers. In fact, the global home projector market is expected to grow at a CAGR of more than 15% during the forecast period.
- Rising demand for portable projectors: With advancements in technology, portable projectors are becoming increasingly popular among consumers as they can be easily carried around and used for various purposes such as business presentations and educational lectures. This is expected to drive the growth of the global home projector market in the coming years.
- Growing demand for 4K resolution projectors: 4K resolution has become one of the most sought-after features in today’s world and this trend is expected to continue in the future as well. This is likely to result in an increase in demand for 4K resolution home projectors, thereby driving market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Projectors Market Research Report
By Type
LED Light Source, Laser Light Source
By Application
Home Video, Office, Entertainment
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
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Home Projectors Market Report Segments:
The global Home Projectors market is segmented on the basis of:
Types
LED Light Source, Laser Light Source
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
Home Video, Office, Entertainment
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 Home Projectors 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:
- LED Light Source
- Laser Light Source
- By Application:
- Home Video
- Office
- Entertainment
- 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 Home Projectors 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
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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?
Home projectors are a type of projector that can be used to display images on a large screen in your home. They are typically smaller and more portable than traditional projectors, making them easier to move around and use in different settings. Home projectors can also be more affordable than traditional projectors, making them an option for those who want to invest in a high-quality device but don't have the money or space for a larger model.
Some of the key players operating in the home projectors market are BenQ, Acer, Optoma, NEC, Sharp, Vivitek, Panasonic, Christie, BARCO, Digital Projection, Costar, Viewsonic, ACTO.
The home projectors market is expected to register a CAGR of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Home Projectors 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 Home Projectors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Home Projectors 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 Home Projectors 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 Home Projectors Market Size & Forecast, 2020-2028 4.5.1 Home Projectors Market Size and Y-o-Y Growth 4.5.2 Home Projectors 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 LED Light Source
5.2.2 Laser Light Source
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 Home Video
6.2.2 Office
6.2.3 Entertainment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Home Projectors 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 Home Projectors 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 LED Light Source
9.6.2 Laser Light Source
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 Home Video
9.10.2 Office
9.10.3 Entertainment
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 LED Light Source
10.6.2 Laser Light Source
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 Home Video
10.10.2 Office
10.10.3 Entertainment
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 LED Light Source
11.6.2 Laser Light Source
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 Home Video
11.10.2 Office
11.10.3 Entertainment
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 LED Light Source
12.6.2 Laser Light Source
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 Home Video
12.10.2 Office
12.10.3 Entertainment
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 LED Light Source
13.6.2 Laser Light Source
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 Home Video
13.10.2 Office
13.10.3 Entertainment
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 Home Projectors Market: Competitive Dashboard
14.2 Global Home Projectors 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