Projectors Market Report 2026

The projectors market size has grown steadily in recent years. It will grow from $11.63 billion in 2025 to $12.16 billion in 2026 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to growth in classroom digitization, expansion of corporate presentation needs, rising home entertainment adoption, increased use of projectors in training centers, affordability of projection technologies.

The projectors market size is expected to see strong growth in the next few years. It will grow to $14.95 billion in 2030 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to growth in immersive home cinema experiences, increasing adoption of smart classrooms, rising demand for portable projection devices, expansion of online content consumption, demand for laser and solid state projection systems. Major trends in the forecast period include growing demand for high resolution and 4k projectors, increasing adoption of portable and mini projectors, rising use of laser based projection technology, expansion of projectors in hybrid education and workspaces, increasing focus on energy efficient and long lifespan projectors.

Anticipated growth in the demand for electronic devices is expected to contribute significantly to the expansion of the projector market in the years to come. Consumer electronics encompass personal-use electronic devices such as smartphones, laptops, tablets, gaming consoles, and televisions. Projectors are utilized in consumer electronic devices to extend display capabilities, facilitating larger-screen viewing for entertainment, presentations, gaming, or sharing content from devices on more substantial surfaces, thereby enhancing the visual experience. In May 2023, the Japan Electronics and Information Technology Industries Association reported that total electronic equipment production in Japan reached $52.36 trillion (¥771,457 million), with consumer electronics production reaching $2.17 trillion (¥32,099 million). This marked an increase from $1.71 trillion (¥25,268 million) in May 2022. Consequently, the rising demand for electronic devices is a significant factor driving the growth of the projector market.

Major companies in the projectors market are increasingly focusing on advanced technologies such as lamp-free laser projection combined with ultra-short throw optics and high-brightness 3-chip 3LCD systems to enhance collaboration and overall user experience. Lamp-free laser projection replaces traditional lamps with a sealed laser light source, reducing maintenance requirements while ensuring consistent brightness over extended operational periods. For instance, in January 2023, Epson, a Japan-based technology company, launched new models under its PowerLite and BrightLink lines featuring 3-chip 3LCD laser displays aimed at classrooms and hybrid corporate spaces. The portfolio includes the ultra-short throw PowerLite EB-810E Ultra, capable of projecting 4K-enhanced images from as little as one inch away and up to 150 inches from 14 inches away, delivering sharp, high-detail visuals. The lineup also introduced interactive displays, including the BrightLink GoBoard 780Fi, BrightLink 770Fi, and BrightLink 760Wi, which provide ultra-bright, large, and colorful images, wireless casting from multiple devices, split-screen support, and built-in interactive whiteboarding. These displays further support 21:9 ultra-wide viewing, offering ample screen space for both in-room and remote participants, improving engagement in hybrid learning and corporate environments.

In October 2023, Honeywell International, Inc., a multinational conglomerate corporation based in the U.S., announced its acquisition of Air Products for an undisclosed amount. This acquisition is aimed at enhancing Honeywell's technological capabilities, expanding its market reach, and strengthening its position in critical sectors such as aerospace, building technologies, and performance materials. Air Products, a U.S.-based company in the chemical industry, manufactures a diverse array of products, including fertilizers, plastics, paints, detergents, pharmaceuticals, and pesticides.

Major companies operating in the projectors market are Mitsubishi Electric Corporation, BenQ Corporation, Sony Group Corporation, Hitachi Ltd., LG Technologies Inc., Panasonic Corp, Canon Inc., Sharp Corporation, ASUSTeK Computer Inc., Ricoh Company Ltd., Acer Inc., Delta Electronics Inc., Seiko Epson Corporation, JVCKENWOOD Corporation, ViewSonic Corporation, NEC Display Solutions Ltd., InFocus Corporation, Optoma Technology Corp, EIKI International Inc., Vivitek Corporation, Maxell Ltd., Aaxa Technologies Inc., Christie Digital Systems USA Inc., Digital Projection.

North America was the largest region in the Projectors market in 2025. The regions covered in the projectors market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the projectors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The projector market consists of sales of laser projectors and LED projectors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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