Growing digitalization and Digital Light Processing (DLP) technological advancement are the major factors driving the market in 2024-2028.
According to TechSci Research report, Pico Projector Market - By Region, Competition Forecast & Opportunities, 2018-2028, the Pico Projector Market is expected to register robust growth during the forecast period, 2024-2028. Pico Projector Market is expected to grow in the forecast period due to the fact that decline in average selling price and increase in applications of projectors. The systems based on cutting-edge laser technology are expected to change the projector industry completely. These projectors may also be incorporated into small portable devices and peripherals, such as tablets, cameras, personal digital assistants, laptops, and smartphones. The systems built on cutting-edge laser technology are expected to change the projector industry completely. These projectors may also be incorporated into small portable devices and peripherals, such tablets, cameras, personal digital assistants, laptops, and smartphones.
Moreover, a wide range of wavelengths is now accessible in pico-projection applications that provide 20 lumens or less. This is owing to the rapid advancements in laser light source development, particularly in the gallium-nitride material systems. Owing of this development, various pico-projection system designers now have great flexibility in selecting various laser wavelengths to optimize performance metrics.
In terms of technology and advancements, North America is one of the early adopters. The region has shown a significant increase in consumer electronics spending. In the United States and Canada, pico projectors' sales are swiftly increasing owing to their compact form and cutting-edge Wi-Fi and HDMI interface compatibility.
To create automobile HUDs employing pico projectors, corporations are spending extensively. Maxin Integrated, a US-based company, recently published the design for their MEMS-based automotive laser pico projector. It is built around a pico laser drive and has a triple laser-diode pico projector system on chip (SoC) in its construction. Infinite focus, sunshine readability, and great color are all made possible by pico projectors.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on the "Global Pico Projector Market."
The Global Pico Projector Market is segmented on the basis of product, image technology, category, and application. Based on product type, the market is further bifurcated into stand alone projectors & embedded projectors. Stand alone projectors product type is dominating the market as they have options of like zoom – in and zoom-out are the factors propelling the growth of standalone projectors sector.
Based on image technology, the market is divided into Digital Light Processing (DLP), Liquid Crystal on Silicon (LCoS), and Laser-beam Steering (LBS). Based on category, the market is divided into Ferroelectric LCoS (FLCoS) Syndiant’s Syl2041, DLP HVGA, Laser Beam Scanning (LBS), Color Filter LCOS (CF-LCoS). Based on application, the market is further divided into business & education, consumer electronics, laptop/desktop, smartphones, digital camera, media players and others.
Key market players in the Global Pico Projector Market: -
- Aaxa Technologies Inc.
- Acer Inc.
- Aiptek International Inc.
- Coretronic Corporation
- Sony Corporation
- Cannon Inc.
- Koninklijke Philips NV
- LG Electronics Inc.
- Samsung Group
- Miroir USA
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" The market is being driven by increased digitization and the increase in the number of smartphone users. The mini projector market is expected to expand at a high CAGR due to the adoption of LED technology. The technologies examined in the paper include laser beam steering holographic laser projection, liquid crystal on silicon, and digital light processing. The global market of pico projectors is anticipated to expand owing to these technologies,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
Pico Projector Market – Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028, Segmented By Product Type (Stand Alone Projectors and Embedded Projectors), By Imager Technology (Digital Light Processing (DLP), Liquid Crystal on Silicon (LCoS), Laser-Beam-Steering (LBS)), By Category (Ferroelectric LCoS (FLCoS) Syndiant’s Syl2041, DLP HVGA, Laser Beam Scanning (LBS), Color Filter LCOS (CF-LCoS)), By Applications (Business & Education, Consumer Electronics, Laptop/Desktop, Smartphones, Digital Camera, Media Players and Others), By Region has evaluated the future growth potential of Pico Projector Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities Pico Projector Market
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