What is Projector Lenses Market?
Since projection systems are designed to produce high-quality images, it is essential to reduce all possible aberrations. Purpose of a projection lens is to project images for viewing, lens manufacturers and engineers emphasize image quality strenuously. Consumer Inclination Towards High-resolution Picture Quality. Increase Use of Glass Lenses in Projector. Development of Light Source Technology as Well as a Range of Special Features. Increasing Number of LED Units.
Highlights from Projector Lenses Market Study
|Unit||Value (USD Million)|
|Key Companies Profiled||Epson (Japan), Panasonic (Japan), Navitar (United States), Barco (Belgium), Vivitek (Netherlands), Canon (Japan), Hitachi (Japan), Ricoh (Japan), Optoma (China), BenQ (Taiwan), Christie Digital (United States) and Sanyo (Japan)|
The key manufacturers are targeting the innovations of the products with better quality, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Research Analyst at AMA predicts that Japan Vendors will contribute to the maximum growth of Global Projector Lenses market throughout the forecasted period. Epson (Japan), Panasonic (Japan), Navitar (United States), Barco (Belgium), Vivitek (Netherlands), Canon (Japan), Hitachi (Japan), Ricoh (Japan), Optoma (China), BenQ (Taiwan), Christie Digital (United States) and Sanyo (Japan) are some of the key players profiled in the study.
Projector Lenses Market Segmentation:
|Application / End User||OEM and Aftermarket|
|Type||DLP, LCD and LCoS|
|Focus ||Zoom,Fixed focus|
On the basis of geography, the market of Projector Lenses has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
High-end 3 LCD & 3-chip DLP Install Projectors and Introducing to New variety of Project Lenses is attracting a new generation
Market Growth Drivers:
Consumer Inclination Towards High-resolution Picture Quality and Increase Use of Glass Lenses in Projector
Challenges Regarding Innovation in the Project Lenses Industry
High cost of Project Lenses
Development of Light Source Technology as Well as a Range of Special Features and Increasing Number of LED Units
Key Target Audience
Projector Lenses Manufacture, Regulatory Bodies, Potential Investors, New Entrants, Research and Development Institutes and Others
Market Leaders & Development Strategies
On 26th August 2021, Seiko Epson Corporation (referred to below as Epson) is working with San Francisco-based Runway Innovation Hub to foster an innovation mindset, identify cutting-edge technology startups for piloting and partnership, and build strong relationships with the global innovation ecosystem. Our partnership with Runway has given us the opportunity to understand the Silicon Valley mindset and efficiently gain exposure to innovative startups," stated Junkichi Yoshida, COO of Epson's Printing Solutions Division.
On 11th Feb 2020, Sony Launches Five New Laser Projectors Ranging from 13,000lm to 5,000lm to Cater to Wide Range of Users and Applications. The high brightness offerings had been strengthened with three newly released WUXGA models: VPL-FHZ131L (13,000lm), VPL-FHZ101L (10,000lm), and VPL-FHZ91L (9,000lm). The new VPL-CWZ10 (WXGA) is a portable and compact entry model with the most compact size in the industry.