DUBLIN, Dec 23, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Pico Projectors Market 2017-2021" report to their offering.
The report forecasts the global pico projectors market to grow at a CAGR of 32.10% during the period 2016-2020.
The Global Pico Projectors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is high adoption of embedded pico projectors. The growing demand for small-sized flexible devices allows great demand for embedded pico projectors, enabling them to dominate the global pico projectors market. These projectors integrated into image processing and electronic devices, such as smartphones, are likely to drive the market in the forecast period. Furthermore, the emergence of augmented reality and IoT are making embedded pico projectors an important platform in electronic devices.
According to the report, one of the major drivers for this market is increasing integration of pico projectors in smartphones. The smartphones industry is the major end-user and will drive the market growth. Smartphones have achieved a penetration rate of 50% in the global smartphones market and the integration of pico projectors in smartphones will provide huge scope for the growth of the global pico projectors market. Also, pico projectors have been integrated into devices like digital photo frames, digital cameras, digital camcorders, laptops, mobile TVs, portable media players, and portable gaming devices that will boost market growth.
Further, the report states that one of the major factors hindering the growth of this market is low brightness and limited features of pico projectors. Pico projectors are small, have limited light-emitting technology and in most cases, are embedded in devices. It is difficult to provide high-power backup to support these devices. This results in low brightness of output, affecting the adoption of these projectors. This affects market growth adversely.
- AAXA Technologies
- Optoma Technology
- Texas Instruments
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Technology landscape
Part 06: Projector industry overview
Part 07: Market landscape
Part 08: Market segmentation by technology
Part 09: Market segmentation by type
Part 10: Geographical segmentation
Part 11: Market drivers
Part 12: Impact of drivers
Part 13: Market challenges
Part 14: Impact of drivers and challenges
Part 15: Market trends
Part 16: Vendor landscape
Part 17: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/tsg9h2/global_pico
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets---global-pico-projectors-market-to-grow-32-2017-2021-with-microvision-syndiant--optoma-technology-dominating-300383414.html
SOURCE Research and Markets