Smart projector sales market is anticipated to grow at a considerable CAGR of 17.7% during the forecast period. The increased demand for consumer electronics, owing to rising disposable income, and changes in the middle-class lifestyle in emerging economies such as India, China, and others propel the market growth. Moreover, rising projector applications among various end-user industries such as educational institutions, the corporate sector, and the enterainment and media industry, will further boost the market growth. For instance, in august 2022, ViewSonic Corp. announced the launch of the X11-4K home entertainment projector. The X11-4K is a lamp-free projector utilizing next-generation LED technology to ensure high brightness levels and up to 30,000 hours of usage. It features native 4K Ultra HD resolution, colour reproduction technologies for stunning image quality, as well as embedded 5GHz high-speed Wi-Fi and Bluetooth Audio.
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Based on technology, the digital light processing (dlp), segment has witnessed favourable market growth owing to its rising application in business, and the education sector for presentations such as sales, educational content, and marketing. Apart from this DLP, requires less space, than a traditional projector, and it offers ease of shifting from one place to another. Thus, the advantages provided by DLP projectors are likely to boost the segment’s growth in various industries such as home entertainment & cinema. According to SAPPRFT (State Administration of Press, Publication, Radio, Film, and Television), China have over 60,000 cinema screens in 2020. Hence, the increasing number of movie screens and the numerous features offered by DLP over the conventional LCD, and LED projectors, are expected to fueled the segment growth.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Smart Projector Sales Market Report Segment
By Technology
- Digital Light Processing (DLP)
- Liquid Crystal On Silicon (LCoS)
- Laser Beam Steering
- Holographic Laser Projection
By Type
- Android Smart Projector
- Linux System Smart Projector
By Application
- Business
- Education
- Others
Global Smart Projector Sales Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global smart projector sales market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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