North America Projector Market Report and Forecast 2025-2034

The North America projector market was valued at USD 663.30 Million in 2024. The industry is expected to grow at a CAGR of 4.00% during the forecast period of 2025-2034 to attain a valuation of USD 981.85 Million by 2034.

North America Projector Market Growth

In the last 5-7 years, prices of critical projector components like LED/LCD panels have dropped by 50%, which has improved their accessibility and affordability, thereby contributing to the market growth. The increasing use of projectors by educational institutions and business organisations to deliver multimedia presentations and achieve better outcomes is also facilitating the market expansion.

The introduction of cost-effective models of 4K projectors ($500-$1500) has boosted their adoption in home theatres. Ultra HD projectors offer higher image resolution (3840 x 2160 pixels), which improves picture quality and minimises the incidence of pixelation on large screens.

Web searches for laser projectors increased by 22% between June-August 2023. This indicates the potential for huge growth in laser projector demand. These projectors provide a noiseless viewing experience and generally last longer than conventional bulbs by nearly 20 times.

The introduction of sustainable projector models with high brightness levels is expected to drive their demand among consumers. The use of recyclable components, including resins in the main unit coupled with advanced energy-saving features, is expected to reduce the environmental footprint of projectors and lead to a reduction in electricity bills. Minimal packaging of projectors and their related accessories is expected to reduce waste generation and enable companies to meet their net zero goals.

North America Projector Industry Segmentation

North America Projector Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Home Theatre Projector
• Business Projector
• Portable Projector

Market Breakup by Technology

• DLP
• LCD
• LCOD

Market Breakup by Dimension

• 2D
• 3D

Market Breakup by Lumen

• Below 500
• 500-3000
• Above 3000

Market Breakup by Resolution

• VGA
• XGA
• HD
• FHD

Market Breakup by Application

• Consumer Electronics
• Corporate Offices
• Business
• Education
• Others

Market Breakup by Distribution Channel

• Hypermarkets/Supermarkets
• Speciality Stores
• Online Channels
• Others

Market Breakup by Country

• United States
• Canada

North America Projector Market Share

Based on application, the market is divided into consumer electronics, corporate offices, business, and education, among others. Over the forecast period, the emergence of AR projectors is expected to revolutionise students' learning experience within classrooms by enabling them to control diagrammatic and conceptual projections in real-time. This is expected to make education one of the leading market segments in the market in the coming years.

Leading Companies in the North America Projector Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.

• Optoma Technology, Inc.
• Sony Group Corporation
• LG Corporation
• MicroVision Inc.
• AAXA Technologies, Inc.
• BenQ Corporation
• Seiko Epson Corporation
• Acer Inc.
• Panasonic Corporation
• Koninklijke Philips N.V.
• Others

Major market players are focusing on improving projectors' accessibility and operability by integrating AI-enabled voice assistant features, thereby driving the market growth.