Home Theatre Projector Market Scope
Home theatre projector is defined as the device which is mainly used to project rays of light, particularly an apparatus with a system of lenses for projecting film on to a screen. It offers Full HD that is 1080p resolution. It provides various features such as Internet apps, digital tuners, among others. Rising preference toward a theater such as a movie or gaming experience among consumers is propelling the growth of the market.
The market study is being classified by Type (DLP, 3LCD and LCOS), by Application (Department Stores, Mass Retailers and Hypermarkets and Supermarkets) and major geographies with country level break-up. According to AMA, the Global Home Theatre Projector market is expected to see growth rate of 8.2%
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Home Theatre Projector market throughout the predicted period.
3M (United States), Acer Inc. (China), Canon Inc. (Japan), Koninklijke Philips N.V. (Netherlands), LG Electronics Inc. (South Korea), Mitsubishi Electric Visual and Imaging Systems (United States), Panasonic Corporation (Japan), Samsung Electronics (South Korea), ViewSonic Corporation (United States) and Sony Corporation (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Xiaomi Corporation (China) and Skyworth (China).
AdvanceMarketAnalytics has segmented the market of Global Home Theatre Projector market by Type, Application and Region.
On the basis of geography, the market of Home Theatre Projector 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). If we see Market by Size, the sub-segment i.e. Mini Size will boost the Home Theatre Projector market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In May 2017, the BenQ Corporation Company has launched two new 4K Home Projectors, W1700M, which is an upgrade of its home cinema projector BenQ W1700, and TK800M, that is an upgrade of TK800 sports projector. Therefore, this launched will help in strengthening the position of the company in the future. and In June 2015, the Casio Company has launched a new range of eco-friendly LampFree projectors which consume more than 50% less electricity as compared to regular projectors. Hence, it will benefit the increased product portfolio of the company
- Rising Adoption 3D and 4D Content in Home Theatre Projector in future
- Growing Adoption of Home Theatre Projector in Emerging Applications
- Significant Advantages of Home Theatre Projector Laser Projectors over Traditional Lamp Projectors
- Rising Demand for High-Brightness Projectors in Home
- Increasing Demand from Emerging Economics such as China, India, and other countries
- A problem regarding Less-Effective Projection under Sunlight
- Stiff competition from the decreasing price of large-screen TVs
- Problems regarding Operational Challenges for Low-End Models
Key Target AudienceManufacturers of Home Theatre Projector, Suppliers of Home Theatre Projector, Wholesalers, Distributors and Retailers of Home Theatre Projector, Research and Development (R&D) Companies and Research Organization
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