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Digital light processing (DLP) projectors hold a substantial portion of the portable projector market share owing to their lightweight feature, compact size, sharp contrast, and colour definition. The space between the light and dark pixels is minimal, which adds to the sharpness of the image and enables DLP projectors to have better resolution than LCD projectors.
Moreover, the usage of one panelling instead of three makes them smaller and more convenient for travel. Their affordability and softer and smoother image quality make them suitable for use in offices and home theatres, among others.
As per the portable projector market analysis, North America is anticipated to occupy a considerable market share due to the growing sales of consumer electronics in the region. Technological advancements and innovations aimed at developing energy-efficient miniature portable projectors that can deliver image quality with enhanced vibrancy and visibility in ambient light are also likely to support the market.
A significant percentage of the population in the region has a strong affinity for the latest gadgets and devices, which further fuels the market demand. Meanwhile, the Asia Pacific region is likely to witness a healthy growth in the coming years amid the rising usage of portable projectors for business presentations and streaming movies and live sports, among others.
Portable Projector Market Size
Portable Projector Market Analysis
Portable Projector Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 7.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 4.00 billion by 2032.
The major market drivers are the superior image and voice quality of laser-based projectors and the growing popularity of high-definition displays such as 720p and 1080p resolution.
The key trends of the market include technological advancements and innovations and the rising use of portable projectors in offices and home theatres.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major technologies of portable projectors considered in the market report are DLP (Digital Light Processing), LCD (Liquid Crystal Display), LCOS (Liquid Crystal on Silicon), and holographic laser projection.
The different distribution channels of the product are online and offline.
The key market players are LG Electronics, Seiko Epson Corporation, Samsung Electronics Co. Ltd., Acer Inc., Canon Inc., Dell Inc., Koninklijke Philips N.V., Panasonic Holdings Corporation, Sony Group Corporation, and Lenovo Group Ltd, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124