Portable Projector Market by Technology [(Digital Light Processing (DLP), Liquid Crystal Display (LCD), Liquid Crystal on Silicon (LCoS)], Dimension (2D and 3D), Lumen (Below 500 Lumens, 500 to 3000 Lumens, and Above 3000 Lumens), Application (Consumer Electronics, Business, and Education), Global Market Size Estimates and Forecast (2022–2030)

Code: BMIRE00026551 | Pages: 100 | Industry: Electronics and Semiconductor | Date: Sep 2022 | Type: Global

The portable projector market is expected to cross US$ 1.65 billion in 2022 and is projected to hit US$ 2.49 billion by 2030, recording a CAGR of 4.7% during the forecast period.

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Growing digitization across industries driving the growth of portable projector market growth

In last few years, digitization has grown rapidly and reched to over 50% of the developing world’s population and transformed societies. For instance, the residential sector influenced to adopt digitization more since 2020. Due to COVID-19 pandemic, theaters were temporary shut and people were bound to stay at home and that influenced them to opt for portable projector to use it as a medium to get entertainment. Also, the portable projectors are affordable and a medium income group can easily afford it. Thus, high adoption of digitization is driving the growth of portable projector market.

Within the report, the portable projector market is segmented into technology, dimension, lumen, application, and geography. By technology, the portable projector market is segmented into Digital Light Processing (DLP), Liquid Crystal Display (LCD), Liquid Crystal on Silicon (LCoS). Based on dimension, the market is bifurcated into 2D and 3D. Based on lumen, the market is fragmented into below 500 lumens, 500 to 3000 lumens, and above 3000 lumens. Based on application, the portable projector market is characterized into Consumer Electronics, Business and Education. Geographically, the portable projector market is sub-segmented into North America, Europe, Asia Pacific, and Rest of World.

Portable projectors are easier to carry and can fulfill the viewing requirement at any place

The portable projectors enable the users to carry it anywhere from hotel to conference. These projectors can be used in presentations, entertainment, gaming, etc. The demand for portable projectors has been increased in few years and due to which, several prominent players such as BenQ, Epson, Kodak, and ViewSonic offers portable projectors.

Rising adoption in various industries is one of the major factors accelerating the portable projector market growth.

The end users in the portable projector market are residential, educational institutes, corporate, government organizations, and others. These end users are highly adopting portable projectors in their daily tasks such as entertainment, education, and presentations. Among these end users, educational institutes are one such sector that is moving towards adopting technologies rapidly. Now, most of the schools and colleges are conducting classes through projectors. Thus, the rising adoption of portable projectors is influencing the portable projector market growth. Further, other end users, such as residential, corporate, and government organizations, are also contributing to the growth of the portable projector market.

Recent strategic developments in the portable projector market

The portable projector market has undergone several significant developments, and a few of these have been mentioned below:

  • In September 2020, ViewSonic Corp., launched M1 mini and M1 mini Plus projectors, new additions in their M series.
  • In June 2022, BenQ launched GS50 projector, a smart wireless portable projector

The portable projector market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Acer Inc.; BenQ Corporation; Canon Inc.; Dell Inc.; HP Development Company, L.P.; Koninklijke Philips N.V.; LG Electronics; Panasonic Corporation; Seiko Epson Corporation; and Sony Corporation are among the prominent players operating in the portable projector market.

Target audience for the portable projector market report:

  • Raw material providers
  • Portable projector providers
  • Portable projector-related service providers
  • Semiconductor component suppliers
  • Portable projector distributors and sales firms
  • End users of portable projectors

Scope of the report:

In this report, the portable projector market has been segmented on the basis of:

  • Technology:   
  • Digital Light Processing (DLP)
  • Liquid Crystal Display (LCD)
  • Liquid Crystal on Silicon (LCoS)
  • Dimension
  • 2D
  • 3D
  • Lumen
    • Below 500 Lumens
    • 500 to 3000 Lumens
    • Above 3000 Lumens
  • Application
  • Consumer Electronics
  • Business
  • Education
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • Rest of World
  • Companies profiled
    • Acer Inc.
    • BenQ Corporation
    • Dell Inc.
    • Seiko Epson Corporation
    • Sony Corporation

 

Companies profiled

    • Acer Inc.
    • BenQ Corporation
    • Dell Inc.
    • Seiko Epson Corporation
    • Sony Corporation

 

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