Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Product (DLP Projectors, LCD Projectors, Other), By Application (Household Use, Educational Use, Business Use, Engineering Use) And Competitive Landscape
Product Code: ETC079409 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Latin America Video Projectors Market is expected to register 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 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, Latin America Video Projectors Market is anticipated to gain growth during the forecast period 2021-27. Latin America has been a major contributor to the overall video projector market's growth. During the forecast period, the Latin America Projector Market will expand at a CAGR of 8.7%. (2019-2025). Using display technologies such as DLP and 3LCD, 3D projectors are designed like 2D projectors. 3D projectors, on the other hand, receive and project a different type of data stream in a variety of formats. Three important formats are used to transmit 3D videos
Cinepolis, the largest cinema chain in Latin America and the fourth largest in the world, has expanded its circuit to nearly 4,000 screens using Barco projection technology. Cinepolis chose Barco as its exclusive digital cinema projector partner, and with the deployment of the Barco DP4K-60L at Mexico City Cinepolis Parque Toreo, became Latin America's first exhibitor to bring laser projection to moviegoers.
The market is divided into three categories based on technology: DLP, LCD, and LCOS. The market is divided into Metal Halide, Laser, LED, and Hybrid & Others based on the light source. Based on Brightness, the market is segmented into Less Than 2,000 Lumens, 2,000 to 3,999 Lumens, 4,000 to 9,999 Lumens and 10,000 & Above Lumens. Based on Resolution, the market is segmented into HD & Full HD, VGA, XGA and 4K & Above Based on End User, the market is segmented into Cinema, Business, Education, Home Theater & Gaming, Events & Large Venues and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Latin America, Nigeria, and Rest of LAMEA
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 Latin America Video Projectors market report thoroughly covers the market by product, applications and countries including Mexico, Brazil, Argentina, Chile and rest of Latin America. The Latin America Video Projectors market outlook report provides an unbiased and detailed analysis of the on-going Latin America 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
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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 Latin America Video Projectors Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Video Projectors Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Video Projectors Market - Industry Life Cycle |
3.4 Latin America Video Projectors Market - Porter's Five Forces |
3.5 Latin America Video Projectors Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Video Projectors Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.7 Latin America Video Projectors Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Latin America Video Projectors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Video Projectors Market Trends |
6 Latin America Video Projectors Market, 2017 - 2027 |
6.1 Latin America Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
6.2 Latin America Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
7 Brazil Video Projectors Market, 2017 - 2027 |
7.1 Brazil Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
7.2 Brazil Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
8 Mexico Video Projectors Market, 2017 - 2027 |
8.1 Mexico Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
8.2 Mexico Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
9 Argentina Video Projectors Market, 2017 - 2027 |
9.1 Argentina Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
9.2 Argentina Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
10 Rest of Latin America Video Projectors Market, 2017 - 2027 |
10.1 Rest of Latin America Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
10.2 Rest of Latin America Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Latin America Video Projectors Market Key Performance Indicators |
12 Latin America Video Projectors Market - Opportunity Assessment |
12.1 Latin America Video Projectors Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Video Projectors Market Opportunity Assessment, By Product, 2020 & 2027F |
12.3 Latin America Video Projectors Market Opportunity Assessment, By Application, 2020 & 2027F |
13 Latin America Video Projectors Market - Competitive Landscape |
13.1 Latin America Video Projectors Market Revenue Share, By Companies, 2020 |
13.2 Latin America Video Projectors Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |