FORT WORTH, Texas, April 22, 2015 /PRNewswire/ --
The global embedded pico projector market was valued at $295.1 million in 2014 and is expected to reach $3,295.2 million by 2019, at a CAGR of 62.0% during the period under consideration.
Browse through the TOC of global Embedded Pico Projector Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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The technology segment of this market comprises of digital light processing, liquid crystal on silicon, laser beam steering, and holographics. The market is further segmented based on applications, namely aerospace & defense, automotive, business & education, consumer electronics, industry, healthcare, and retail.
The regions contributing towards the embedded pico projector market globally are Asia-Pacific, North America, Europe, and Rest of the World. Currently, Asia-Pacific is considered to be a huge market for embedded pico projectors due to its large demand in the consumer electronics and business & education application segments. The Asia-Pacific market for embedded pico projector was valued at $111.3 million in 2014 and is expected to grow at a CAGR of 66.4% from 2014 to 2019.
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It is expected that the demand for the embedded pico projector will increase due to its compatibility with various electronic devices. Also, new product developments and increasing applications of embedded pico projector in automotive and aerospace & defense application segments are driving the market growth. The automotive and aerospace & defense application segments are growing applications and are expected to grow at CAGRs of 67.2% and 55.3% respectively, during the given forecast period.
In the global embedded pico projector market, holographic is the fastest-growing technology segment due to its wide use in aerospace & defense, automotive, business & education, and consumer electronics segments, among others, and is expected to grow at a CAGR of 111.3% during the given forecast period.
The Global USB Pico Projector Market was valued at $103.7 million in 2014, and is projected to reach $932.4 million by 2019, at a CAGR of 55.1% from 2014 to 2019.
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