North America Pico Projector Market is Expected to Reach $1,750.4 Million by 2019, at a CAGR of 36.4% From 2014 to 2019

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MicroMarket Monitor

20 Apr, 2015, 10:30 ET

FORT WORTH, Texas, April 20, 2015 /PRNewswire/ --

The North America pico projector market report defines and segments the pico projector market in North America with analysis and forecast of revenue. This market was valued at $370.1 million in 2014, and is expected to reach $1,750.4 million by 2019, at a CAGR of 36.4% during the forecast period.

Browse through the TOC of North America pico projector market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

http://www.micromarketmonitor.com/market/north-america-pico-projector-1177936337.html

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This market is segmented and forecast based on product types, application, and geography. The product types segment of this market comprises embedded, media player, standalone, and universal serial bus (USB) pico projectors. The applications of this market covered in the report are aerospace, automotive, business & education, consumer electronics, manufacturing industry, healthcare, and retail.

Countries contributing towards the pico projector market in North America are the U.S., Canada, and Mexico. The U.S. is considered to be a large market for pico projectors owing to its large demand from the country's business & education and consumer electronics application market. Major companies operational in the U.S. are Texas Instruments Inc. (U.S.), STMicroelectronics N.V. (Switzerland), Optoma Technology Inc. (U.S), Acer Inc. (Taiwan), and MicroVision Inc. (U.S.), among others.

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It is expected that the demand for pico projectors will increase owing to its decreasing average price in coming years. In addition, new product developments and increasing use of pico projector in business & education and consumer electronics application is driving the market. The business & education application is the largest application market and is expected to grow at a CAGR of 30.3% during the forecasted period.

In North America pico projector market, embedded pico projector is the fastest-growing product type owing to its extensive use in business & education, consumer electronics, automotive and other application markets. This product segment is expected to grow at a CAGR of 59.4% during the forecast period.

This report includes market share and value chain analyses, along with market metrics such as drivers and inhibitors. In addition, it presents a competitive landscape and profiles of the key market players.

Related Reports: 

The European Pico Projector Market was valued $342.8 million in 2014, and expected to grow at a CAGR of 37.0% from 2014 to 2019. Embedded pico projectors are increasingly being used in the consumer electronics, automotive, and aerospace & defense application segments, thus leading to the growth of the embedded pico projector segment in Europe. This segment was valued at $77.2 million in 2014, and is projected to grow at a CAGR of 59.0% from 2014 to 2019.

http://www.micromarketmonitor.com/market/europe-pico-projector-3477350712.html

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