Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By Product (DLP Projectors, LCD Projectors, Other), By Application (Household Use, Educational Use, Business Use, Engineering Use) And Competitive Landscape
Product Code: ETC076276 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Video Projectors Market is anticipated to gain growth during the coming time zone. A video projector is an electronic system that receives audio/visual signals as input and projects video onto any flat surface, most commonly a white or silver projector screen. On account of Booming education market, projectors are one of the fastest rising product lines. Changing habits, price reductions, and increased spending on electronics have resulted in an increase in demand the video projectors. The major industries driving video projector sales were IT, corporate, media, entertainment, rental, BPO, and education. Furthermore, the consumer electronics demand, technological advances, and an increase in people's disposable income all influence the global video projector market's development. The market's growth is hampered by its low visibility, and limited battery life. Maintenance would be another restraint. Prior to the COVID-19 pandemic, the video projector industry had been growing at a significant rate. The global electronics industry has experienced two effects as a result of the pandemic. The manufacturing of electronics parts has been halted due to a logistical slowdown and a lack of manpower availability around the world. On the other hand, a number of e-commerce firms around the world have stopped delivering non-essential goods which is having an effect on the electronic industry.
According to 6Wresearch, Asia Pacific Video Projectors Market is expected to gain growth throughout the forecast period 2021-27. Among the regions, the Asia Pacific regional market for 3D projectors accounts for the dominant share in the global market and it is expected to continue during the forecast period. The dominance of the region is attributed to rising inclination of audiences towards 3D movies and flourishing film industry in China and India. The Asia Pacific regional demand for 3D projectors has the largest share of the global market, and this trend is expected to continue over the forecast period. The region's dominance can be attributed to viewers' increasing interest in 3D films and China and India's booming film industries.
Increasing the adoption of advanced technologies in Asia-Pacific's entertainment segment offers an opportunity for market growth. A growing bias for 3D films from the audience in APAC countries has been observed. For example, due to the growing interest of the audience in 3D movies, various production houses have started releasing 3D versions of films exclusively for China. Increased acceptance of emerging technologies in the Asia-Pacific entertainment segment presents a market growth opportunity. Audiences in APAC countries have shown an increasing preference for 3D films. Various production houses, for example, have begun releasing 3D versions of films exclusively for China due to the increasing curiosity of the audience in 3D films. The Asia-Pacific market for 3D projectors is projected to expand at the fastest pace. 3D projectors are increasingly being used in education, cinema, home theatre, and gaming applications, boosting the market's growth. Xgimi (China) has released the XGIMI H2, a full HD 3D projection unit with a low-cost home theatre application.
The technology used in projectors can be segmented into two categories: DLP and LCD. Both LCD and DLP technologies had nearly equal market share, with DLP technology marginally ahead. However, the trend is expected to reverse in the future, with LCD technology dominating the market. Furthermore, the industry will continue to favour emerging innovations such as Laser Interactive. Along with their growing popularity among customers due to low maintenance cost, high-definition (HD) projectors are gradually replacing standard-definition (SD) projectors. HD projectors account for nearly one-third of overall shipments, followed by SD projectors. Signal compression and the quality loss that comes with it are less likely with higher resolution projectors. As a result, High-Definition will continue to be the most common display resolution in the future, accounting for the majority of market share.
The Asia Pacific Video Projectors market report thoroughly covers the market by product, applications and countries including India, China, Japan, Australia, Thailand, Indonesia, South Korea and rest of Asia Pacific. The Asia Pacific Video Projectors market outlook report provides an unbiased and detailed analysis of the on-going Asia Pacific Video Projectors market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following segments:
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Video Projectors Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Video Projectors Market Revenues & Volume, 2020 & 2027F |
3.3 Asia Pacific Video Projectors Market - Industry Life Cycle |
3.4 Asia Pacific Video Projectors Market - Porter's Five Forces |
3.5 Asia Pacific Video Projectors Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Asia Pacific Video Projectors Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.7 Asia Pacific Video Projectors Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Asia Pacific Video Projectors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Video Projectors Market Trends |
6 Asia Pacific Video Projectors Market, 2017 - 2027 |
6.1 Asia Pacific Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
6.2 Asia Pacific Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
7 China Video Projectors Market, 2017 - 2027 |
7.1 China Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
7.2 China Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
8 India Video Projectors Market, 2017 - 2027 |
8.1 India Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
8.2 India Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
9 Japan Video Projectors Market, 2017 - 2027 |
9.1 Japan Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
9.2 Japan Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
10 Australia Video Projectors Market, 2017 - 2027 |
10.1 Australia Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
10.2 Australia Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Indonesia Video Projectors Market, 2017 - 2027 |
11.1 Indonesia Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
11.2 Indonesia Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
12 Philippines Video Projectors Market, 2017 - 2027 |
12.1 Philippines Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
12.2 Philippines Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
13 Malaysia Video Projectors Market, 2017 - 2027 |
13.1 Malaysia Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
13.2 Malaysia Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
14 Rest of Asia Video Projectors Market, 2017 - 2027 |
14.1 Rest of Asia Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
14.2 Rest of Asia Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Asia Pacific Video Projectors Market Key Performance Indicators |
12 Asia Pacific Video Projectors Market - Opportunity Assessment |
12.1 Asia Pacific Video Projectors Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Asia Pacific Video Projectors Market Opportunity Assessment, By Product, 2020 & 2027F |
12.3 Asia Pacific Video Projectors Market Opportunity Assessment, By Application, 2020 & 2027F |
13 Asia Pacific Video Projectors Market - Competitive Landscape |
13.1 Asia Pacific Video Projectors Market Revenue Share, By Companies, 2020 |
13.2 Asia Pacific Video Projectors Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |