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Pico Projectors Market by Technology, Type, and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR70178
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The Pico projectors market size has the potential to grow by USD 1.04 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 9.11%. 

This report provides a detailed analysis of the market by technology (DLP, LCOS, and LBS), type (embedded and standalone), geography (North America, APAC, Europe, South America, and MEA), and key vendors. 

Market Overview

Pico-Projectors-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • AAXA Technologies Inc.
  • Acer Inc.
  • Canon Inc.
  • Coretronic Corp.
  • Eastman Kodak Co.
  • MicroVision Inc.
  • Samsung Electronics Co. Ltd.
  • Sony Corp.
  • Syndiant Inc
  • Texas Instruments Inc.

 

The pico projectors market is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as increasing integration of Pico projectors in smartphones to achieve growth opportunities. However, factors such as low brightness and limited features of pico projectors will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the Pico projectors market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This Pico projectors market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Pico Projectors Market: Key Drivers and Trends

  • The increasing integration of Pico projectors in smartphones is one of the key factors driving the growth of the market during the forecast period.
  • Pico projectors are integrated with mobile devices for operability. 
  • In July 2020, Canon announced the launch of MP250 wireless mini projector with smartphone mirroring technology. 
  • The projector has a built-in rechargeable battery and HDMI interface, which operates on the Android operating system. 
  • The launch of such projectors will contribute to the growth of the market in focus during the forecast period. 
  • The increasing adoption of LCOS technology is one of the key trends which will drive the growth of the market during the forecast period.
  • Due to features such as the best-in-class black level effect and 120 Hz refresh rate to remove flicker effect, the recent years witnessed an increasing adoption of LCOS technology in pico projectors. 
  • Being a combination of LCD and DLP technologies, LCOS projectors use liquid crystal displays as well as the reflective nature of DLPs. 
  • They exhibit high image resolution and picture quality, which will lead to a rapid increase in their adoption in the coming years.

 

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Pico Projectors Market: Segmentation by Geography

Pico-Projectors-Market-Market-Share-by-Region-2020-2025

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34% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for Pico projectors in North America. Market growth in this region will be slower than the growth of the market in APAC, South America, and MEA.

The growing focus toward the digitalization of the education sector is one of the prime factors that will facilitate the Pico projectors market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Pico Projectors Market: Segmentation by Technology

Pico-Projectors-Market-Market-Share-by-Technology-2020-2025

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Features to eliminate the rainbow and screen-door effect unlike other LCD or DLP projectors and the ability to integrate easily with electronic devices, such as smartphones, digital cameras, laptops, and camcorders, will boost the demand for LCOS projectors. Therefore, the growth of the market segment is expected to be significant during 2021-2025

However, the post COVID-19 impact has fast-tracked the demand for LCOS projectors. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the Pico projectors market size.

 

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Pico Projectors Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive pico projectors market growth during the next five years
  • Precise estimation of the pico projectors market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the pico projectors industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of pico projectors market vendors

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Pico Projectors Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 9%

Market growth 2021-2025

$ 1.04 billion

Market structure

Fragmented

YoY growth (%)

7.50

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

North America at 34%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AAXA Technologies Inc., Acer Inc., Canon Inc., Coretronic Corp., Eastman Kodak Co., MicroVision Inc., Samsung Electronics Co. Ltd., Sony Corp., Syndiant Inc, and Texas Instruments Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Technology

    • Market segments
    • Comparison by Technology
    • DLP - Market size and forecast 2020-2025
    • LCOS - Market size and forecast 2020-2025
    • LBS - Market size and forecast 2020-2025
    • Market opportunity by Technology

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Embedded - Market size and forecast 2020-2025
    • Standalone - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • AAXA Technologies Inc.
      • Acer Inc.
      • Canon Inc.
      • Coretronic Corp.
      • Eastman Kodak Co.
      • MicroVision Inc.
      • Samsung Electronics Co. Ltd.
      • Sony Corp.
      • Syndiant Inc
      • Texas Instruments Inc.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The pico projectors market growth will increase by $1045.58 million during 2020-2025.
      The pico projectors market is expected to grow at a CAGR of 9.11% during 2020-2025.
      Technavio has segmented the pico projectors market by technology (DLP, LCOS, and LBS) ,type (Embedded and Standalone) , and geographic (North America, APAC, Europe, South America, and MEA).
      AAXA Technologies Inc., Acer Inc., Canon Inc., Coretronic Corp., Eastman Kodak Co., MicroVision Inc., Samsung Electronics Co. Ltd., Sony Corp., Syndiant Inc, Texas Instruments Inc. are a few of the key vendors in the pico projectors market.
      North America will register the highest growth rate of 33.84% among the other regions. Therefore, the pico projectors market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the pico projectors market growth are:
      • Increasing integration of pico projectors in smartphones
      The pico projectors market vendors should focus on grabbing business opportunities from the dlp segment as it accounted for the largest market share in the base year.
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