Sale

Projector Market

Global Projector Market Size, Share, Trends, Report, Growth: By Type: Home Theatre Projector, Business Projector, Portable Projector; By Technology: DLP, LCD, LCOD; By Dimension: 2D, 3D; By Lumen: Below 500, 500 - 3000, Above 3000; By Resolution; By Application; By Distribution Channel; Regional Analysis; Competitive Landscape; 2024-2032

Global Projector Market Size

The global projector market reached approximately USD 13.16 billion in 2023. The market is projected to grow at a CAGR of 4.70% between 2024 and 2032, reaching a value of around USD 19.93 billion by 2032.

 

Global Projector Market Outlook

  • The US government increased the allocated budget for the education sector by 13.6 per cent in 2024 compared to the 2023 enacted level, thereby increasing the demand for projectors for innovative learning.
  • Under the Startup India initiative, 26,522 startups were registered in India in 2022, which drives the demand for projectors for business meetings.
  • A vast majority of projectors at present time use an HDMI (High-Definition Multimedia Interface) or a VGA (Video Graphics Array) cable.

 

Global Projector Market Growth

The growing usage of projectors in the corporate and education sectors, the rising popularity of portable projectors, and the rise in disposable income are some of the prominent factors influencing the market growth. In offices and enterprises, projectors are widely used for business presentations and video conferencing to present ideas and discussions in a more interactive manner. Meanwhile, in the education sector, they are used by professors and teachers for digital teaching and distance learning programs.

 

They can be also used for home entertainment purposes as they can offer people the cinematic experience of movie theatres at a much lower cost compared to a large TV. Moreover, in the gaming sector, they can appeal to gamers who want an immersive experience on a large screen, thereby, the demand for projectors which support HDR and have low lag is on the rise.

 

Market players are offering projectors with enhanced capabilities such as high-resolution screens and superior connectivity to gain a competitive edge. For instance, Hisense Vidda announced the launch of its two new projectors in May 2024 called C2 Ultimate Edition and C2S in its C2 series, which offer Wi-Fi 6 and Bluetooth 5.2 connectivity and a full-dimensional AI quality screen.

 

Projector Market

 

Global Projector Industry Segmentation

“Projector Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Type

  • Home Theatre Projector
  • Business Projector
  • Portable Projector

 

Market Breakup by Technology

  • DLP
  • LCD
  • LCOD

 

Market Breakup by Dimension

  • 2D
  • 3D

 

Market Breakup by Lumen

  • Below 500
  • 500-3000
  • Above 3000

 

Market Breakup by Resolution

  • VGA
  • XGA
  • HD
  • FHD

 

Market Breakup by Application

  • Consumer Electronics
  • Corporate Offices
  • Business
  • Education
  • Others

 

Market Breakup by Distribution Channel

  • Hypermarkets/Supermarkets
  • Speciality Stores
  • Online Channels
  • Others

 

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Global Projector Market Share

Portable projectors are anticipated to hold a significant share in the market in the coming years as they are extremely popular among mobile workers and professionals who have to deliver presentations on the go as these projectors offer a flexible solution. They can also be easily set up with HDMI and USB and can be connected to a broad range of devices such as smartphones, tablets, and laptops.

 

Leading Companies in Global Projector Market

The market players are launching projectors with enhanced colour sharpeners and full HD resolution gain a competitive edge in the market.

 

  • Optoma Technology, Inc. 
  • Sony Group Corporation. 
  • LG Technologies, Inc. 
  • MicroVision, Inc. 
  • AAXA Technologies, Inc. 
  • Lenovo Group Limited
  • RICOH Company, Ltd.  
  • Texas Instruments Incorporated. 
  • ZTE Corporation. 
  • Panasonic Corporation  
  • Others

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Technology
  • Dimension
  • Lumen
  • Resolution
  • Application
  • Distribution Channel
  • Region
Breakup by Type
  • Home Theatre Projector
  • Business Projector
  • Portable Projector
Breakup by Technology
  • DLP
  • LCD
  • LCOD
Breakup by Dimension
  • 2D
  • 3D
Breakup by Lumen
  • Below 500
  • 500-3000
  • Above 3000
Breakup by Resolution
  • VGA
  • XGA
  • HD
  • FHD
Breakup by Application
  • Consumer Electronics
  • Corporate Offices
  • Business
  • Education
  • Others
Breakup by Distribution Channel
  • Hypermarkets/Supermarkets
  • Speciality Stores
  • Online Channels
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Optoma Technology, Inc. 
  • Sony Group Corporation. 
  • LG Technologies, Inc. 
  • MicroVision, Inc. 
  • AAXA Technologies, Inc. 
  • Lenovo Group Limited
  • RICOH Company, Ltd.  
  • Texas Instruments Incorporated. 
  • ZTE Corporation. 
  • Panasonic Corporation  
  • Others

 

*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.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
  
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Global Projector Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Projector Historical Market (2018-2023) 
    8.3    Global Projector Market Forecast (2024-2032)
    8.4    Global Projector Market by Type
        8.4.1    Home Theater Projector
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Business Projector
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Portable Projector
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Projector Market by Technology
        8.5.1    DLP
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    LCD
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    LCOD
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
    8.6    Global Projector Market by Dimension
        8.6.1    2D
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    3D
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Projector Market by Lumen
        8.7.1    Below 500
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    500 - 3000
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Above 3000
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
    8.8    Global Projector Market by Resolution
        8.8.1    VGA
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    XGA
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    HD
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    FHD
            8.8.4.1    Historical Trend (2018-2023)
            8.8.4.2    Forecast Trend (2024-2032)
    8.9    Global Projector Market by Application
        8.9.1    Consumer Electronics
            8.9.1.1    Historical Trend (2018-2023)
            8.9.1.2    Forecast Trend (2024-2032)
        8.9.2    Corporate Offices
            8.9.2.1    Historical Trend (2018-2023)
            8.9.2.2    Forecast Trend (2024-2032)
        8.9.3    Business
            8.9.3.1    Historical Trend (2018-2023)
            8.9.3.2    Forecast Trend (2024-2032)
        8.9.4    Education
            8.9.4.1    Historical Trend (2018-2023)
            8.9.4.2    Forecast Trend (2024-2032)
        8.9.5    Others
    8.10    Global Projector Market by Distribution Channel
        8.10.1    Hypermarkets/Supermarkets
            8.10.1.1    Historical Trend (2018-2023)
            8.10.1.2    Forecast Trend (2024-2032)
        8.10.2    Specialty Stores
            8.10.2.1    Historical Trend (2018-2023)
            8.10.2.2    Forecast Trend (2024-2032)
        8.10.3    Online Channels
            8.10.3.1    Historical Trend (2018-2023)
            8.10.3.2    Forecast Trend (2024-2032)
        8.10.4    Others
    8.11    Global Projector Market by Region
        8.11.1    North America
            8.11.1.1    Historical Trend (2018-2023)
            8.11.1.2    Forecast Trend (2024-2032)
        8.11.2    Europe
            8.11.2.1    Historical Trend (2018-2023)
            8.11.2.2    Forecast Trend (2024-2032)
        8.11.3    Asia Pacific
            8.11.3.1    Historical Trend (2018-2023)
            8.11.3.2    Forecast Trend (2024-2032)
        8.11.4    Latin America
            8.11.4.1    Historical Trend (2018-2023)
            8.11.4.2    Forecast Trend (2024-2032)
        8.11.5    Middle East and Africa
            8.11.5.1    Historical Trend (2018-2023)
            8.11.5.2    Forecast Trend (2024-2032)
9    North America Projector Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Projector Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Projector Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Projector Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Projector Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price  
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Optoma Technology, Inc. 
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Sony Group Corporation.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    LG Technologies, Inc.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    MicroVision, Inc.
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    AAXA Technologies, Inc. https://www.aaxatech.com/
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Lenovo Group Limited
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    RICOH Company, Ltd.  
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Texas Instruments Incorporated. 
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    ZTE Corporation.
            15.2.9.1    Company Overview
            15.2.9.2    Product Portfolio
            15.2.9.3    Demographic Reach and Achievements
            15.2.9.4    Certifications
        15.2.10    Panasonic Corporation  
            15.2.10.1    Company Overview
            15.2.10.2    Product Portfolio
            15.2.10.3    Demographic Reach and Achievements
            15.2.10.4    Certifications
        15.2.11    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Projector Market: Key Industry Highlights, 2018 and 2032
2.    Global Projector Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Projector Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Projector Historical Market: Breakup by Technology (USD Billion), 2018-2023
5.    Global Projector Market Forecast: Breakup by Technology (USD Billion), 2024-2032
6.    Global Projector Historical Market: Breakup by Dimension (USD Billion), 2018-2023
7.    Global Projector Market Forecast: Breakup by Dimension (USD Billion), 2024-2032
8.    Global Projector Historical Market: Breakup by Lumen (USD Billion), 2018-2023
9.    Global Projector Market Forecast: Breakup by Lumen (USD Billion), 2024-2032
10.    Global Projector Historical Market: Breakup by Resolution (USD Billion), 2018-2023
11.    Global Projector Market Forecast: Breakup by Resolution (USD Billion), 2024-2032
12.    Global Projector Historical Market: Breakup by Application (USD Billion), 2018-2023
13.    Global Projector Market Forecast: Breakup by Application (USD Billion), 2024-2032
14.    Global Projector Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
15.    Global Projector Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
16.    Global Projector Historical Market: Breakup by Region (USD Billion), 2018-2023
17.    Global Projector Market Forecast: Breakup by Region (USD Billion), 2024-2032
18.    North America Projector Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    North America Projector Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Europe Projector Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Europe Projector Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Asia Pacific Projector Historical Market: Breakup by Country (USD Billion), 2018-2023
23.    Asia Pacific Projector Market Forecast: Breakup by Country (USD Billion), 2024-2032
24.    Latin America Projector Historical Market: Breakup by Country (USD Billion), 2018-2023
25.    Latin America Projector Market Forecast: Breakup by Country (USD Billion), 2024-2032
26.    Middle East and Africa Projector Historical Market: Breakup by Country (USD Billion), 2018-2023
27.    Middle East and Africa Projector Market Forecast: Breakup by Country (USD Billion), 2024-2032
28.    Global Projector Market Structure

Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 13.16 billion.

The market is estimated to grow at a CAGR of 4.70% between 2024 and 2032.

The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 19.93 billion by 2032.

The market is being driven due to growing usage of projectors in the corporate and education sectors, the rising popularity of portable projectors, and the rise in disposable income.

The key trends aiding the market include the growth of 4K and 8K resolution projectors, the trend of miniaturisation, and the deployment of smart projectors.

Regions considered in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Based on technology, market segmentations include DLP, LCD, and LCOD.

Different applications are consumer electronics, corporate offices, business, and education, among others.

The major players in the market are Optoma Technology, Inc., Sony Group Corporation., LG Technologies, Inc., MicroVision, Inc., AAXA Technologies, Inc., Lenovo Group Limited¸ RICOH Company, Ltd., Texas Instruments Incorporated., ZTE Corporation, and Panasonic Corporation, among others.

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$ 4399     $3999
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$ 5499     $4999
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  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
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We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

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We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

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