Global Video Projectors Market (2021-2027) | Size, Analysis, Share, Revenue, Forecast, Trends, Growth, industry, Outlook, Value & COVID-19 IMPACT

Latest 2023 Developments of the Global Video Projectors Market

The Global Video Projectors Market is constantly propelling, with advancements and developments emerging on a daily basis. The growth in demand for high-resolution video projectors, majorly those which offer 4K resolution or higher is one of the major trends in the market. The sector is focusing on enhancing brightness and colour accuracy which enables more lifelike and vibrant visuals. This is attained via advancements in LED lamp technology as well as other innovative solutions. Besides this, software updates are driving the Global Video Projects Market Share.

Numerous manufacturers in the sector offer built-in smart features like streaming services integration and Wi-Fi connectivity which makes it easier to access content from a number of sources. There is also a shift towards environmentally-friendly alternatives in the sector. Eco-friendly materials and energy-efficient lamps have become popular among people who value sustainable practices. These developments have enabled the Global Video Projectors Industry to grow faster.

Global Video Projectors Market Synopsis

Global Video Projectors Market is anticipated to gain growth in the coming years. 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 the 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 electronic 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 are having an effect on the electronics industry.

According to 6Wresearch, Global Video Projectors Market is anticipated to gain growth during the forecast period 2021-2027. North America has been a major contributor to the overall video projector market's growth. From 2020 to 2025, North America is predicted to be the largest market for portable projectors. The United States spends millions in the education sector to implement cutting-edge technology-based devices. The majority of students now have access to video projectors. To boost their business offerings, portable projector manufacturers have used a variety of organic and inorganic growth strategies, such as new product releases, contracts, and acquisitions.

Epson (Japan), Canon (Japan), LG (South Korea), Dell (US), HP (US), Acer (Taiwan), Sony (Japan), Kodak (US), and Philips (Netherlands) are the main players in the video projector industry. In India, BenQ is the most common brand, followed by Epson, InFocus, Hitachi, Panasonic, and a few others. Over the last four years, India's projector sales have grown at a robust CAGR. Canon, which has just recently entered the market, is projected to become a major player in the near future. For mass products, it has partnered with Ingram Micro as a national distributor, and for high-end projectors, it will collaborate with AV-integrated solution providers. Furthermore, the company will sell its projectors through its own retail outlets, branded as ‘Canon Picture Square'.

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 costs, 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 the market share.

The Global Video Projectors market report thoroughly covers the market by product, applications and regions including North America, Latin America, Europe, the Middle East, Africa and Asia Pacific. The Global Video Projectors market outlook report provides an unbiased and detailed analysis of the ongoing Global 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.

Key Highlights of the Report:

• Global Video Projectors Market Outlook
• Market Size of Global Video Projectors Market, 2020
• Forecast of Global Video Projectors Market, 2027
• Historical Data and Forecast of Global Video Projectors Revenues & Volume for the Period 2017 - 2027
• Global Video Projectors Market Trend Evolution
• Global Video Projectors Market Drivers and Challenges
• Global Video Projectors Price Trends
• Global Video Projectors Porter's Five Forces
• Global Video Projectors Industry Life Cycle
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By DLP Projectors for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By LCD Projectors for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By Other for the Period 2017 - 2027
• Historical Data and Forecast of North America Video Projectors Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of North America Video Projectors Market Revenues & Volume By DLP Projectors for the Period 2017 - 2027
• Historical Data and Forecast of North America Video Projectors Market Revenues & Volume By LCD Projectors for the Period 2017 - 2027
• Historical Data and Forecast of North America Video Projectors Market Revenues & Volume By Other for the Period 2017 - 2027
• Historical Data and Forecast of Europe Video Projectors Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Europe Video Projectors Market Revenues & Volume By DLP Projectors for the Period 2017 - 2027
• Historical Data and Forecast of Europe Video Projectors Market Revenues & Volume By LCD Projectors for the Period 2017 - 2027
• Historical Data and Forecast of Europe Video Projectors Market Revenues & Volume By Other for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Video Projectors Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Video Projectors Market Revenues & Volume By DLP Projectors for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Video Projectors Market Revenues & Volume By LCD Projectors for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Video Projectors Market Revenues & Volume By Other for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Video Projectors Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Video Projectors Market Revenues & Volume By DLP Projectors for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Video Projectors Market Revenues & Volume By LCD Projectors for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Video Projectors Market Revenues & Volume By Other for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Video Projectors Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Video Projectors Market Revenues & Volume By DLP Projectors for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Video Projectors Market Revenues & Volume By LCD Projectors for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Video Projectors Market Revenues & Volume By Other for the Period 2017 - 2027
• Historical Data and Forecast of Africa Video Projectors Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Africa Video Projectors Market Revenues & Volume By DLP Projectors for the Period 2017 - 2027
• Historical Data and Forecast of Africa Video Projectors Market Revenues & Volume By LCD Projectors for the Period 2017 - 2027
• Historical Data and Forecast of Africa Video Projectors Market Revenues & Volume By Other for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By DLP Projectors for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By LCD Projectors for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By Other for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By Household Use for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By Educational Use for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By Business Use for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By Engineering Use for the Period 2017 - 2027
• Historical Data and Forecast of North America Video Projectors Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of North America Video Projectors Market Revenues & Volume By Household Use for the Period 2017 - 2027
• Historical Data and Forecast of North America Video Projectors Market Revenues & Volume By Educational Use for the Period 2017 - 2027
• Historical Data and Forecast of North America Video Projectors Market Revenues & Volume By Business Use for the Period 2017 - 2027
• Historical Data and Forecast of North America Video Projectors Market Revenues & Volume By Engineering Use for the Period 2017 - 2027
• Historical Data and Forecast of Europe Video Projectors Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Europe Video Projectors Market Revenues & Volume By Household Use for the Period 2017 - 2027
• Historical Data and Forecast of Europe Video Projectors Market Revenues & Volume By Educational Use for the Period 2017 - 2027
• Historical Data and Forecast of Europe Video Projectors Market Revenues & Volume By Business Use for the Period 2017 - 2027
• Historical Data and Forecast of Europe Video Projectors Market Revenues & Volume By Engineering Use for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Video Projectors Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Video Projectors Market Revenues & Volume By Household Use for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Video Projectors Market Revenues & Volume By Educational Use for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Video Projectors Market Revenues & Volume By Business Use for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Video Projectors Market Revenues & Volume By Engineering Use for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Video Projectors Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Video Projectors Market Revenues & Volume By Household Use for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Video Projectors Market Revenues & Volume By Educational Use for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Video Projectors Market Revenues & Volume By Business Use for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Video Projectors Market Revenues & Volume By Engineering Use for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Video Projectors Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Video Projectors Market Revenues & Volume By Household Use for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Video Projectors Market Revenues & Volume By Educational Use for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Video Projectors Market Revenues & Volume By Business Use for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Video Projectors Market Revenues & Volume By Engineering Use for the Period 2017 - 2027
• Historical Data and Forecast of Africa Video Projectors Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Africa Video Projectors Market Revenues & Volume By Household Use for the Period 2017 - 2027
• Historical Data and Forecast of Africa Video Projectors Market Revenues & Volume By Educational Use for the Period 2017 - 2027
• Historical Data and Forecast of Africa Video Projectors Market Revenues & Volume By Business Use for the Period 2017 - 2027
• Historical Data and Forecast of Africa Video Projectors Market Revenues & Volume By Engineering Use for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By Household Use for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By Educational Use for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By Business Use for the Period 2017 - 2027
• Historical Data and Forecast of Global Video Projectors Market Revenues & Volume By Engineering Use for the Period 2017 - 2027
• Global Video Projectors Market - Key Performance Indicators
• Global Video Projectors Market - Import Export Trade Statistics
• Global Video Projectors Market - Opportunity Assessment By Countries
• Global Video Projectors Market - Opportunity Assessment By Product
• Global Video Projectors Market - Opportunity Assessment By Application
• Global Video Projectors Market - Top Companies Market Share
• Global Video Projectors Market - Top Companies Profiles
• Global Video Projectors Market - Comparison of Players in Technical and Operating Parameters
• Global Video Projectors Market - Strategic Recommendations

Markets Covered

The market report covers the following segments:

By Product

• DLP Projectors
• LCD Projectors
• Others

By Applications

• Household Use
• Educational Use
• Business Use
• Engineering Use
• Others

By Regions

• Latin America
• Asia Pacific
• Africa
• Middle East
• North America
• Europe