Market Forecast By Product (DLP Projectors, LCD Projectors, Other), By Application (Household Use, Educational Use, Business Use, Engineering Use), By Countries (United States, Canada) And Competitive Landscape
Product Code: ETC115034 | Publication Date: Sep 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America Video Projectors Market is anticipated to gain sound growth prospects 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 North America video projectors 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, North America Video Projectors Market is expected to gain growth during the forecast period 2021-27. In terms of technology and creativity, North America is one of the early adopters. Consumer electronics spending in the area has been growing at a rapid rate. Video projector sales are on the rise in the United States and Canada, owing to their compact nature and advanced interface connectivity with Wi-Fi and HDMI. 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. The region's semiconductor companies are aggressively pursuing growth opportunities by expanding their DLP video projector portfolio. Texas Instruments recently announced two new 4K UHD DLP chipsets, the DLP470TE and DLP470TP, with dimensions of 17 x 24.5 mm and brightness levels of up to 1,500 lumens with 4K resolution.
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 North America Video Projectors market report thoroughly covers the market by product, applications and countries including United States and Canada. The North America Video Projectors market outlook report provides an unbiased and detailed analysis of the on-going North 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
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 North America Video Projectors Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Video Projectors Market Revenues & Volume, 2020 & 2027F |
3.3 North America Video Projectors Market - Industry Life Cycle |
3.4 North America Video Projectors Market - Porter's Five Forces |
3.5 North America Video Projectors Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 North America Video Projectors Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.7 North America Video Projectors Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 North America Video Projectors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Video Projectors Market Trends |
6 North America Video Projectors Market, 2017 - 2027 |
6.1 North America Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
6.2 North America Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
7 United States Video Projectors Market, 2017 - 2027 |
7.1 United States Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
7.2 United States Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
8 Canada Video Projectors Market, 2017 - 2027 |
8.1 Canada Video Projectors Market, Revenues & Volume, By Product, 2017 - 2027 |
8.2 Canada Video Projectors Market, Revenues & Volume, By Application, 2017 - 2027 |
9 North America Video Projectors Market Key Performance Indicators |
10 North America Video Projectors Market - Opportunity Assessment |
10.1 North America Video Projectors Market Opportunity Assessment, By Countries, 2020 & 2027F |
10.2 North America Video Projectors Market Opportunity Assessment, By Product, 2020 & 2027F |
10.3 North America Video Projectors Market Opportunity Assessment, By Application, 2020 & 2027F |
161North America Video Projectors Market - Competitive Landscape |
11.1 North America Video Projectors Market Revenue Share, By Companies, 2020 |
11.2 North America Video Projectors Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |