Middle East and Africa Advanced Cinema Projector Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Illumination Source (Lamp and RGB Pure Laser), End User (Residential and Commercial), Resolution (2K and 4K), and Lumens (1000–5000, 5001–10000, 10001–30000, and Above 30000)

Code: TIPRE00024774 | Pages: 128 | Industry: Electronics and Semiconductor | Date: Sep 2021
Covid

Market Introduction

The advanced cinema projector market in the MEA is further segmented into South Africa, Saudi Arabia, and the UAE. The swift growth of the media & entertainment industry in the region is attributed to factors such as robust economic growth, strong consumer demand in Gulf countries, and high spending potential. The Gulf countries are economically advanced, while the African countries still to balance their economic conditions. In addition, the rising disposable incomes in developing countries of Africa, growing population, rapid procurement of advanced and innovative electronic devices, and rising infrastructural development in both the MEA countries are anticipated to contribute toward the advanced cinema projector market growth. Thus, it is foreseen to propel further the demand for advanced cinema projectors in the MEA region.

The MEA is highly dependent on international manufacturers for advanced technologies across industries. The GCC countries and Africa house several cinema theaters and the owners of the cinema theaters strive hard to attract customers by adopting robust and advanced solutions. The demand for advanced cinema projectors has started to increase in the past couple of years. However, the spread of COVID-19 has restricted the growth of the market. The cinema theaters and open-air cinema venues were temporarily shut down to adhere to the government regulations, which led to a drop in the demand for advanced solutions among the theater owners. However, as the cinemas re-opened in the later half of 2020, several cinema theaters started procuring advanced laser projector to enhance the customer experience. For instance, in June 2021, Saudi Arabia’s muvi Cinemas selected Cinionic to supply advanced laser projectors to more than 25 premium XPERIENCE auditoriums throughout the country. With such contractual collaboration, the demand for advanced cinema projectors is expected to rise in the country, thereby boosting market growth.              


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Market Overview and Dynamics

The advanced cinema projector market in MEA is expected to grow from US$ 96.07 million in 2021 to US$ 127.29 million by 2028; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028. The advanced cinema projector for residential application is constantly gaining popularity in the market as customers are curious to have high quality visual experience at home. Additionally, increasing spending capacity and rising disposable income are boosting the adoption of advanced cinema projectors as a home theater application. Also, lockdowns initiated by the governments to prevent the spread of COVID-19 has further propelled the demand for advanced cinema projectors. As a result, the customers are purchasing new home entertainment products such as advanced cinema projectors to enjoy their time indoors amid the pandemic. For instance, in September 2020, BenQ introduced new BenQ TH585, a Full HD Home entertainment projector, in India. This new projector provides high resolution and high picture quality for customers to watch movies and shows on the screen at home.

Key Market Segments

The MEA advanced cinema projector market is segmented on the basis of Illumination Source, end users, resolution, lumens, and country. Based on Illumination Source, the market is segmented into lamp, and RGB pure laser. RGB pure laser segment held the largest market share in 2020. Based on end user, the market is segmented into commercial and residential. Commercial segment held the largest market share in 2020. Based on resolution, the market is segmented into 2K and 4K. 2K segment held the largest market share in 2020. Based on lumens the market is segmented into 1000–5000, 5001–10000, 10001–30000, and Above 30000. 5001–10000 segment held the largest market share in 2020. Based on country, the MEA advanced cinema projector market is segmented into Saudi Arabia, South Africa, UAE, and rest of MEA. UAE held the largest market share in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the advanced cinema projector market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Barco NV; BENQ Corporation; Christie Digital; Delta Electronics, Inc.; Hitachi Ltd LG Electronics Inc.; Panasonic Corporation; and Sharp Corporation.       

Reasons to buy report

  • To understand the MEA advanced cinema projector market landscape and identify market segments that are most likely to guarantee a strong return.
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA advanced cinema projector market.
  • Efficiently plan M&A and partnership deals in MEA advanced cinema projector market by identifying market segments with the most promising probable sales.
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA advanced cinema projector market.
  • Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.

MEA Advanced Cinema Projector Market Segmentation

MEA Advanced Cinema Projector Market - By Illumination Source

  • Lamp
  • RGB Pure Laser

MEA Advanced Cinema Projector Market - By End User

  • Residential
  • Commercial

MEA Advanced Cinema Projector Market - By Resolution

  • 2K
  • 4K

MEA Advanced Cinema Projector Market - By Lumens

  • 1000 – 5000
  • 5001 – 10000
  • 10001 – 30000
  • Above 30000

MEA Advanced Cinema Projector Market - By Country

  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of MEA

MEA Advanced Cinema Projector Market - Company Profiles

  • Barco NV
  • BENQ Corporation
  • Christie Digital
  • Delta Electronics, Inc.
  • Hitachi Ltd.
  • LG Electronics Inc.
  • Panasonic Corporation
  • Sharp Corporation
 

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           MEA Advanced Cinema Projector Market Landscape

4.1         Market Overview

4.2         MEA PEST Analysis

4.3         Ecosystem Analysis

5.           MEA Advanced Cinema Projector Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Residential Sector in MEA Adopting Advanced Cinema Projectors

5.1.2        Surging Demand of Advanced Cinema Projectors Among Commercial Applications

5.2         Market Restraints

5.2.1        Expensive Laser Projectors to Restrain Market Growth

5.3         Market Opportunities

5.3.1        Next Generation Cinema Projectors Coming Up Fast

5.4         Future Trends

5.4.1        Rising Urge of 3D Advanced Projectors

5.5         Impact Analysis of Drivers and Restraints

6.           Advanced Cinema Projector Market – MEA Analysis

6.1         Overview

6.2         MEA Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

7.           MEA Advanced Cinema Projector Market Analysis – By Illusion Source

7.1         Overview

7.2         MEA Advanced Cinema Projector Market, By Illusion Source (2020 and 2028)

7.3         Lamp

7.3.1        Overview

7.3.2        Lamp: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

7.4         RGB Pure Laser

7.4.1        Overview

7.4.2        RGB Pure Laser: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

8.           MEA Advanced Cinema Projector Market Analysis – By End User

8.1         Overview

8.2         MEA Advanced Cinema Projector Market, By End User (2020 and 2028)

8.3         Residential

8.3.1        Overview

8.3.2        Residential: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Commercial

8.4.1        Overview

8.4.2        Commercial: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

9.           MEA Advanced Cinema Projector Market Analysis – By Resolution

9.1         Overview

9.2         MEA Advanced Cinema Projector Market, By Resolution (2020 and 2028)

9.3         2K

9.3.1        Overview

9.3.2        2K: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

9.4         4K

9.4.1        Overview

9.4.2        4K: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

10.        MEA Advanced Cinema Projector Market Analysis – By Lumens

10.1      Overview

10.2      MEA Advanced Cinema Projector Market, By Lumens (2020 and 2028)

10.30 – 5000

10.3.1     Overview

10.3.20 – 5000: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

10.41 – 10000

10.4.1     Overview

10.4.21 – 10000: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

10.501 – 30000

10.5.1     Overview

10.5.201 – 30000: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

10.6      Above 30000

10.6.1     Overview

10.6.2     Above 3000: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

11.        MEA Advanced Cinema Projector Market – Country Analysis

11.1      Overview

11.1.1     MEA: Advanced Cinema Projector Market, By Country

11.1.1.1       South Africa: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1       South Africa: Advanced Cinema Projector Market, By Illusion Source

11.1.1.1.2       South Africa: Advanced Cinema Projector Market, By End User

11.1.1.1.3       South Africa: Advanced Cinema Projector Market, By Resolution

11.1.1.1.4       South Africa: Advanced Cinema Projector Market, By Lumens

11.1.1.2       Saudi Arabia: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1       Saudi Arabia: Advanced Cinema Projector Market, By Illusion Source

11.1.1.2.2       Saudi Arabia: Advanced Cinema Projector Market, By End User

11.1.1.2.3       Saudi Arabia: Advanced Cinema Projector Market, By Resolution

11.1.1.2.4       Saudi Arabia: Advanced Cinema Projector Market, By Lumens

11.1.1.3       UAE: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1       UAE: Advanced Cinema Projector Market, By Illusion Source

11.1.1.3.2       UAE: Advanced Cinema Projector Market, By End User

11.1.1.3.3       UAE: Advanced Cinema Projector Market, By Resolution

11.1.1.3.4       UAE: Advanced Cinema Projector Market, By Lumens

11.1.1.4       Rest of MEA: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1       Rest of MEA: Advanced Cinema Projector Market, By Illusion Source

11.1.1.4.2       Rest of MEA: Advanced Cinema Projector Market, By End User

11.1.1.4.3       Rest of MEA: Advanced Cinema Projector Market, By Resolution

11.1.1.4.4       Rest of MEA: Advanced Cinema Projector Market, By Lumens

12.        MEA Advanced Cinema Projector Market - COVID-19 Impact Analysis

12.1      Overview

12.1.1     MEA: Impact Assessment of COVID-19 Pandemic

13.        Industry Landscape

13.1      Overview

13.2      Market Initiative

13.3      New Product Development

14.        Company Profiles

14.1      Barco NV

14.1.1     Key Facts

14.1.2     Business Description

14.1.3     Products and Services

14.1.4     Financial Overview

14.1.5     SWOT Analysis

14.1.6     Key Developments

14.2      BenQ Corporation

14.2.1     Key Facts

14.2.2     Business Description

14.2.3     Products and Services

14.2.4     Financial Overview

14.2.5     SWOT Analysis

14.2.6     Key Developments

14.3      Christie Digital Systems

14.3.1     Key Facts

14.3.2     Business Description

14.3.3     Products and Services

14.3.4     Financial Overview

14.3.5     SWOT Analysis

14.3.6     Key Developments

14.4      Delta Electronics, Inc.

14.4.1     Key Facts

14.4.2     Business Description

14.4.3     Products and Services

14.4.4     Financial Overview

14.4.5     SWOT Analysis

14.4.6     Key Developments

14.5      Hitachi, Ltd.

14.5.1     Key Facts

14.5.2     Business Description

14.5.3     Products and Services

14.5.4     Financial Overview

14.5.5     SWOT Analysis

14.5.6     Key Developments

14.6      LG Electronics

14.6.1     Key Facts

14.6.2     Business Description

14.6.3     Products and Services

14.6.4     Financial Overview

14.6.5     SWOT Analysis

14.6.6     Key Developments

14.7      Panasonic Corporation

14.7.1     Key Facts

14.7.2     Business Description

14.7.3     Products and Services

14.7.4     Financial Overview

14.7.5     SWOT Analysis

14.7.6     Key Developments

14.8      Sharp Corporation

14.8.1     Key Facts

14.8.2     Business Description

14.8.3     Products and Services

14.8.4     Financial Overview

14.8.5     SWOT Analysis

14.8.6     Key Developments

15.        Appendix

15.1      About The Insight Partners

15.2      Word Index

LIST OF TABLES

Table 1.             MEA Advanced Cinema Projector Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2.             South Africa Advanced Cinema Projector Market, By Illusion Source– Revenue and Forecast to 2028 (US$ Million)

Table 3.             South Africa Advanced Cinema Projector Market, By End User – Revenue and Forecast to 2028 (US$ Million)

Table 4.             South Africa Advanced Cinema Projector Market, By Resolution – Revenue and Forecast to 2028 (US$ Million)

Table 5.             South Africa Advanced Cinema Projector Market, By Lumens – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Saudi Arabia Advanced Cinema Projector Market, By Illusion Source– Revenue and Forecast to 2028 (US$ Million)

Table 7.             Saudi Arabia Advanced Cinema Projector Market, By End User – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Saudi Arabia Advanced Cinema Projector Market, By Resolution – Revenue and Forecast to 2028  (US$ Million)

Table 9.             Saudi Arabia Advanced Cinema Projector Market, By Lumens – Revenue and Forecast to 2028 (US$ Million)

Table 10.          UAE Advanced Cinema Projector Market, By Illusion Source– Revenue and Forecast to 2028 (US$ Million)

Table 11.          UAE Advanced Cinema Projector Market, By End User – Revenue and Forecast to 2028 (US$ Million)

Table 12.          UAE Advanced Cinema Projector Market, By Resolution – Revenue and Forecast to 2028 (US$ Million)

Table 13.          UAE Advanced Cinema Projector Market, By Lumens – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Rest of MEA Advanced Cinema Projector Market, By Illusion Source– Revenue and Forecast to 2028 (US$ Million)

Table 15.          Rest of MEA Advanced Cinema Projector Market, By End User – Revenue and Forecast to 2028 (US$ Million)

Table 16.          Rest of MEA Advanced Cinema Projector Market, By Resolution – Revenue and Forecast to 2028 (US$ Million)

Table 17.          Rest of MEA Advanced Cinema Projector Market, By Lumens – Revenue and Forecast to 2028 (US$ Million)

Table 18.          List of Abbreviation

LIST OF FIGURES

Figure 1.           MEA Advanced Cinema Projector Market Segmentation

Figure 2.           MEA Advanced Cinema Projector Market Segmentation – By Country

Figure 3.           MEA Advanced Cinema Projector Market Overview

Figure 4.           MEA Advanced Cinema Projector Market, by Illusion Source

Figure 5.           MEA Advanced Cinema Projector Market, By Resolution

Figure 6.           MEA Advanced Cinema Projector Market, By Country

Figure 7.           MEA – PEST Analysis

Figure 8.           MEA Advanced Cinema Projector Market – Ecosystem Analysis

Figure 9.           MEA Advanced Cinema Projector Market: Impact Analysis of Drivers and Restraints

Figure 10.        MEA Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        MEA Advanced Cinema Projector Market Revenue Share, By Illusion Source (2020 and 2028)

Figure 12.        MEA Lamp: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        MEA RGB Pure Laser: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        MEA Advanced Cinema Projector Market Revenue Share, By End User (2020 and 2028)

Figure 15.        MEA Residential: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        MEA Commercial: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        MEA Advanced Cinema Projector Market Revenue Share, By Resolution (2020 and 2028)

Figure 18.        MEA 2K: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        MEA 4K: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        MEA Advanced Cinema Projector Market Revenue Share, By Lumens (2020 and 2028)

Figure 21.        MEA 1000 – 5000: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        MEA 5001 – 10000: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        MEA 10001 – 30000: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        MEA Above 3000: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        MEA: Advanced Cinema Projector Market, by Key Country – Revenue (2020) (US$ Million)

Figure 26.        MEA: Advanced Cinema Projector Market Revenue Share, By Country (2020 and 2028)

Figure 27.        South Africa: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Saudi Arabia: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        UAE: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Rest of MEA: Advanced Cinema Projector Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Impact of COVID-19 Pandemic in MEA Country Markets

 

  1. Barco NV
  2. BENQ Corporation
  3. Christie Digital
  4. Delta Electronics, Inc.
  5. Hitachi Ltd.
  6. LG Electronics Inc.
  7. Panasonic Corporation
  8. Sharp Corporation
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA advanced cinema projector market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA advanced cinema projector market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the advanced cinema projector market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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