In this rapidly changing world of technology, pico projector market is projected to show major growth prospects during the forecast period. Major factor driving the growth of pico projector market is the increasing adoption of consumer electronics and growing innovations in the consumer electronics segment.
The global Pico Projector Market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World. As compared to other regions, the pico projector market in Asia Pacific is expected to witness significant growth and hold the largest market share during the forecast period. China, Korea and Japan are anticipated to drive the growth of pico projector market. This is owing to the presence of large number of established key players like LG Electronics and Sony Corporation in that region. In addition to this, China, being the manufacturing hub of consumer electronic devices, is leading the growth of pico projector market. Increasing investments in research and development in the field of electronics by the major players like Samsung Electronics is another factor fueling the growth of pico projector market. This is expected to be a major factor for the growth of pico projector market. Growing demand for superior pico projectors is another factor driving the growth of pico projector market in the region.
The pico projector market is growing rapidly over 15% of CAGR and is expected to reach at approx. USD 3.8 Billion by the end of forecast period.
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The prominent players in pico projector market are – Lenovo Group Limited (U.S.), LG Electronics Inc. (South Korea), Microvision, Inc. (U.S.), Sony Corporation (Japan), Aaxa Technologies Inc. (U.S.), Texas Instruments Inc. (U.S.), ZTE Corporation (China), Koninklijke Philips N.V. (Netherlands), Cremotech Co., Ltd. (South Korea), Global Aiptek Corporation (Taiwan) among others.
Pico projector market can be segmented on the basis of following:
- Light Source
- Light Emitting Diodes (LED)
- Laser Diodes
- Illumination System
- Fly Eye Lens
- Light Pipe
- Projection Lens
- Embedded Pico Projectors
- Non Embedded Pico Projectors
- Digital Light Processing (DLP)
- Liquid Crystal On Silicon (LCOS)
- Laser Beam Steering
- Projection Technologies In Augmented Reality
- Up to 480p
- 0-50 Lumen
- 50-100 Lumens
- 100-150 Lumens
- 150 and Above
- Power Source
- In-Built Battery
- Non Battery
- Business & Education
- Consumer Electronics
The regional analysis of pico projector market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that Asia Pacific is estimated to account for the largest share of the market and is also projected to grow at the fastest rate during the forecast period. The major growth in pico projector market in Asia Pacific is attributed to technological advancements and increasing innovations in the consumer electronics sector in that region.
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- Technology Investors
- Technology Providers
- Research/Consultancy Firms
- Chip designers and fabricators
- Original equipment manufacturers (OEMs)
- Educational Institutions
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