The global home theatre projector market is forecast to grow at a CAGR of 7.63% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: One of latest trends in the market is pocket-sized projectors. Pico or pocket projectors are little larger in size than regular cell phones. They can accommodate videos and photos and are considered as multimedia display systems. However, they generally offer comparatively lower brightness than regular projectors. Manufacturers catering to this segment have started introducing HD pico projectors. For instance, in October 2015, Sony introduced its MP-CL1 mobile projector, a pico projector that delivers HD resolution using laser light as a source.
According to the report, one of the primary drivers in the market is enhanced gaming and movie viewing experience. The preference for a theater-like movie or gaming experience, on a large screen, is increasing among consumers all across the world. This is one of the primary drivers for the growth of the global home theater projector market. For the desire to watch a Blu-ray movie, or live sports, or just photographs from a mobile device, onto a 100-inch plus screen size, a home theater projector is the ideal choice.
Further, the report states that one major challenge in the market is stiff competition from the decreasing price of large-screen TVs. One of the primary challenges that the global home theater projector market faces is the growing demand for large-screen TV sets. The high penetration of TVs reduces the adoption rates of home theater projectors. In countries like the US and Canada, the penetration of digital TVs is around 91% and 90%, respectively. In Europe, several countries such as Spain, the UK, Italy, and France have almost 100% penetration rates. In developing countries such as China and India, the penetration rates of TVs are increasing rapidly, with manufacturers launching TV sets with good picture quality at affordable prices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Koninklijke Philips
- LG Electronics
- Mitsubishi Electric Visual and Imaging Systems
- Samsung Electronics
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global profile
PART 06: Market landscape
PART 07: Market segmentation by technology
PART 08: Segmentation by retail formats
PART 09: Geographical segmentation
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Appendix
PART 17: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/rhdhz8/global_home
Research and Markets
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