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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

South Korea Projector Market Size

The South Korea projector market reached USD 124.69 million in 2024. The market is projected to grow at a CAGR of 7.4% between 2025 and 2034, reaching a value of almost USD 237.75 million by 2034.

South Korea Projector Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2024
Forecast Period USD Million 2025-2034
Market Size 2024 USD Million 124.69
Market Size 2034 USD Million 237.75
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 7.4%
CAGR 2025-2034 - Market by Type Portable Projector 8.5%
CAGR 2025-2034 - Market by Technology LCOD 8.3%

South Korea Projector Market Outlook

  • Projectors with 500-3000 lumens are expected to remain popular among consumers over the forecast period.
  • The demand for 3D projectors is expected to witness significant growth as the demand for high quality visuals increases.
  • Online distribution channels are expected to dominate the market as internet penetration and consumer awareness rises.

South Korea Projector Market Growth

The increasing demand for laser projectors in corporate offices is expected to drive the market growth. Major market players are focusing on manufacturing high resolution projectors which are equipped with wireless connectivity, screen sharing, and screen size adjustment features. Projectors having in-built web browsers and high lumens of brightness facilitate quick and impactful exchange of ideas, while enhancing the overall experience of meetings and conferences. High energy efficiency and colour accuracy of laser projectors makes them an ideal choice for many corporate offices in South Korea.

Innovations in projectors designed for classroom learning is expected to bolster the market expansion. The increasing use of smartboards to facilitate lesson delivery boosts classroom interaction and enhances learning outcomes. Customised solutions aimed at enhancing children’s participation rates and improving their retention capabilities is gaining increasing traction in the market. Many educational institutions are exploring premium budget friendly projectors which are also environment friendly to enhance the teaching and learning experience.

Major market players are sponsoring historical exhibitions to exhibit their product’s potential to South Korean consumers. By utilising multiple advanced projectors in combination with augmented reality-based tools, holograms, and other cutting-edge technologies, they are transforming the visitor’s experience of museums and art galleries.

South Korea Projector Market

South Korea Projector Industry Segmentation

South Korea Projector Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Home Theatre Projector
  • Business Projector
  • Portable Projector
CAGR 2025-2034 - Market by Type
Portable Projector 8.5%
Home Theatre Projector XX%
Business Projector XX%

Market Breakup by Technology

  • DLP
  • LCD
  • LCOD
CAGR 2025-2034 - Market by Technology
LCOD 8.3%
DLP XX%
LCD XX%

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
  • Specialty Stores
  • Online Channels
  • Others

South Korea Projector Market Share

Based on type, the market is divided into home theatre projector, business projector, and portable projector. Over the forecast period, the compact design and versatile nature of portable projectors are expected to make them one of the leading market categories. Their simple functionalities make them easy to set up and their high-quality visuals make them an attractive purchase option for consumers.

Leading Companies in the South Korea Projector Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.

  • Optoma Technology, Inc.
  • Sony Group Corporation
  • LG Corporation
  • Hitachi Ltd.
  • BenQ Corporation
  • Seiko Epson Corporation
  • Acer Inc.
  • Panasonic Corporation
  • Koninklijke Philips N.V.
  • Others

The rise of home entertainment has prompted major market players to manufacture 4k laser projectors for South Korean consumers.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
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
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 
  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Online Channels
  • 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 Corporation
  • Hitachi Ltd.
  • BenQ Corporation
  • Seiko Epson Corporation
  • Acer Inc.
  • Panasonic Corporation
  • Koninklijke Philips N.V.
  • 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.*

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Key Questions Answered in the Report

The market was valued at nearly USD 124.69 million in 2024.

The market is projected to grow at a CAGR of 7.4% between 2025 and 2034.

The market is assessed to witness a healthy growth in the forecast period of 2025-2034 to reach around USD 237.75 million in 2034.

The different distribution channels in the market include hypermarkets/supermarkets, speciality stores, and online channels, among others.

The different types of projectors in the market include home theatre projector, business projector, and portable projector.

The different segments based on the product resolution, considered in the market report are VGA, XGA, HD, and FHD.

The different technologies used in projector include DLP, LCD, and LCOD.

The key market players are Optoma Technology, Inc., Sony Group Corporation, LG Corporation, Hitachi Ltd., BenQ Corporation, Seiko Epson Corporation, Acer Inc., Panasonic Corporation, and Koninklijke Philips N.V., among others.

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