According to a market report by Lucintel, the future of the pico projector market looks promising with opportunities in the consumer electronics, business & education, retail, and healthcare markets. The global pico projector market is expected to grow with a CAGR of 15% from 2021 to 2026. The major drivers for this market are growth in consumer electronics, incorporation of projection technology with portable electronics products, and increasing adoption of smart devices with the advent of Internet of Things (IoT).
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In this market, digital light processing, laser beam steering, holographic laser projection, and liquid crystal on silicon are the major pico projector technologies. Lucintel forecasts that digital light processing will remain the largest technology segment due to good contrast images, low maintenance, better response time, and less noise properties.
Within the pico projector market, consumer electronics will remain the largest end use industry during the forecast period because pico projectors are integrated with portable electronic devices with lower price, compact size, and its compatibility with smartphones, gaming consoles, and laptops.
Asia Pacific will remain the largest region during the forecast period due to large end use customer base, easy component availability, center of large consumer electronics giants, and increased adoption of smart technologies.
Texas Instruments, MicroVision, Aaxa Technologies, LG Electronics, Lenovo Group, Optoma Technology, Syndiant, ZTE, Celluon, and Miroir USA are among the major pico projector manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global pico projector market by product type, technology, component, specification, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Pico Projector Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global pico projector market by product type, technology, component, specification, application, and region as follows:
By Product Type [$M shipment analysis for 2015 – 2026]:
Embedded
Non-embedded/Standalone
USB
By Technology [$M shipment analysis for 2015 – 2026]:
Digital Light Processing (DLP)
Laser Beam Steering (LBS)
Holographic Laser Projection
Liquid Crystal on Silicon (LCoS)
By Component [$M shipment analysis for 2015 – 2026]:
Light Source
Illumination System
Projector Lens
By Specification [$M shipment analysis for 2015 – 2026]:
Brightness
Resolution
Power Source
By Application [$M shipment analysis for 2015 – 2026]:
Consumer Electronics
Business & Education
Retail
Healthcare
By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.