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World Pico Projector Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3773186
  • Report
  • September 2019
  • Region: Global
  • Allied Analytics LLP
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Pico projector, also known as pocket projector, handheld projector, mobile projector or mini beamer is an image projector used to project image through a handheld device. These projectors are inbuilt in various devices such as mobile phones, tablets, cameras, etc., and so it is popular as pocket or pico projector. These are miniature video, image or personal digital assistance (PDAs) projectors which could be used in various applications where there is a need of projecting information on larger screens.

The market is expected to have a remarkable growth as the market players would be coming up with inbuilt projectors in all their future products. Globally, around 1.80 million units have been sold, during 2013. Since these projectors are very handy and portable as compared to traditional projectors, this market is potential and has enormous opportunities in future. The detailed study of this market would give in-depth knowledge about the market.The major driving force to this market is integration of these projection technologies in the mobile devices. Technological advancements would propel this market, as there would be widespread adoption of mobile devices throughout the globe. Although there are plentiful benefits of the product, low flexibility in inclusion of features would affect the success of the market. Despite of these curbs, the market would speedily grow in future, as the penetration rate of these devices is increasing.

Pico Projector Market Analysis by Technology

The diverse technologies used are Digital Light Processing (DLP), Laser Beam Steering (LBS), Holographic Laser Projection and Liquid crystal on silicon (LCoS).Holographic laser projection technology has various advantages such as higher image resolution and efficiency as compared to other technologies. In contrast, these technology projectors are expensive over various others.

Pico Projector Market Analysis by Types

The major types of pico projectors are Laser, Standalone, USB, Embedded and Multimedia. Laser type projector is a novel flavor, which uses the source of brightness, and is rich in color palette and self focusing aspect.

Pico Projector Market Analysis by Components

The various components used in these projectors are Red laser diodes, Lighting source, High brightness LEDs (HbLED), Optics and Light emitting diode (LED).

Pico Projector Market Analysis by Applications

The various sectors in which these projectors are required and used are Aerospace & Defense, Automotive, Business & Education, Consumer electronics and Healthcare.

Pico Projector Market Analysis by Type of Model

The projectors are segmented based on types of models are DLP HVGA, Ferroelectric LCoS, Color Filter LCoS (CF-LCoS), Syndicate’s Syl and Laser Beam Scanning (LBS).

Pico Projector Market Analysis by Geography

The study is carried out in various regions such as North America, Europe, Asia-Pacific, and Middle East regions.

Competitive Landscape

The competitors in the market are adopting product launch strategies to add-on innovation to the existing competitive market. For example, Texas Instruments, Inc. announced that Foxconn, the manufacturer of iPhone, iPod nano, Mackbook Pros, etc., would come up with pico projectors in their future products.

Some other major players in the global market are AAXA Technologies, Inc., Samsung Electronics, 3M Co., Aiptek International, Inc., Luminus Device, Inc., Light on Technology Corp., Greenlight Optics, Acer, Inc., Texas Instrumentation, Inc., MicroVision, Inc., Mirrorcle Technologies, Coretronic Corp., Maradin Ltd., Lemoptix SA, Opus Microsystems Corp., Sony Corp., WowWee Group Ltd., Himax Technologies, Optoma Corp., Mezmeriz, Inc.

High Level Analysis

The market exploration gives a clear view of the global market, highlighting the benefits, drawbacks opportunities along with the detailed segmentation of the market. Porters five force model helps in analyzing market players, new entrants

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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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