The primary factor driving the growth of the Global 3D Projector market during the forecast period includes the increasing adoption of 3D projectors in home theatres, cinema halls, and smart classrooms across the globe. The advancement in 3D projector technology and easy availability of the projectors will attract new customers to opt for 3D projector solutions with high image quality and multiple connectivity features, including Wi-fi & Bluetooth connectivity. Moreover, the growing popularity of 3D movies worldwide due to the realistic experience offered by the 3D projector will drive the demand for 3D movies, thus accelerating the growth for the Global 3D Projector market over the coming years. The growing usage of the 3D projector for large venues, exhibitions, and events and the rising trend of laser-based 3D projector among end-users will create new opportunities in the Global 3D Projector market. The emergence of advanced technologies in 3D projectors such as Liquid Crystal on Silicon (LCoS), Liquid Crystal Display (LCD) technologies and the development of smaller size 3D projector unit, will have a positive impact on the growing demand for the Global 3D Projector market over the coming years. On the other hand, the technological limitations with DLP projectors will hamper the growth of the market.
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A 3D (three-dimensional) projector is used to map 3D data to a 2D surface, such as on a wall or on a screen. The 3D projector enables the viewer to sense the depth, unlike a traditional projector. This feeling of intensity allows the audience to experience a simulation of the real-time happening experience. Two identical images are projected onto the screen simultaneously to create the simulation depth. The viewer requires 3D glasses to filter polarity while viewing both images with each eye. The various applications of the 3D projectors include cinema, home theatre & gaming, and smart classrooms.
Read Full Report Description: Global 3D Projector Market By Technology (DLP, LCD, and LCOS), By Light Source (Laser, LED, Hybrid, Metal Halide, and Others), By Brightness (Less Than 2,000 Lumens, 2,000 to 3,999 Lumens, 4,000 to 9,999 Lumens, and 10,000 & Above Lumens), By Resolution (VGA, XGA, HD & Full HD, and 4K and Above), By Application (Cinema, Education, Business, Home Theater, and Gaming, Events and Large Venues, and Others), and By Region- Opportunities and Forecast, 2019-2026 https://www.gmiresearch.com/report/3d-projector-market/
Based on the technology, the DLP segment is expected to grow at a higher CAGR during the forecast period owing to the increasing adoption of the DLP projector among the target customers across the globe. The DLP projectors offer higher contrast and limited space between pixels which helps in delivering superior image quality. Moreover, these projectors require less maintenance and are highly compatible with high-definition TV programs and DVD content, which makes it ideal for the customers looking for a high definition projector.
Based on the light source, the laser segment is projected to grow at a higher CAGR during the forecast period due to the rising adoption of laser projectors in different applications such as businesses, cinemas, and smart classrooms across all over the world. The Laser projector provides consistent brightness with an average lifespan of 20,000 hours and greater energy efficiency.
Based on the application, the cinema segment is expected to grow at a higher CAGR during the forecast period due to the rising trend of 3D movies and the increasing number of cinema screens globally. For instance, Samsung India plans to install 40 Onyx 4K Active 3D Cinema LED Screens in Bengaluru by the next three years. The growing demand for 3D movies among the audience will surge the need for the 3D projector as it offers enhanced immersive experience to the viewers.
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The major key players in the market include Sony Corporation, Optoma Corporation, Seiko Epson Corporation, Barco NV, Vivitek Corporation, BenQ Corporation, Christie Digital Systems USA, Inc., JVC Kenwood Corporation, NEC Display Solutions, Ltd., Panasonic Corporation, ViewSonic Corporation among others.
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Based on the region, Asia-pacific is projected to grow at a higher CAGR over the forecast period owing to the easy availability of 3D projectors at an affordable price across the Asian countries, especially in China and Japan. In addition to this, the increasing adoption of innovative technologies in the entertainment and education sector across China and India will create new opportunities in the Asia-Pacific 3D Projector market over the coming years. The significant shift in the customer’s preference towards 3D movies in the Asian countries will complement the growing demand of the market. For instance, in China, several production houses are releasing their movies in 3D version to capture the changing demand of the customers. Moreover, the increasing number of movie screens and the growing demand for home theatre and gaming projectors among the end-users will further boost the growth of the market during the forecast period.
The Global 3D Projector market has been segmented based on the technology, light source, brightness, resolution, application, and key region. Based on technology, the market is segmented into DLP, LCD, and LCOS. Based on the Light Source, the market is segmented into Laser, LED, Hybrid, Metal Halide, and Others. Based on brightness, the market is segmented into Less Than 2,000 Lumens, 2,000 to 3,999 Lumens, 4,000 to 9,999 Lumens, and 10,000 & Above Lumens. Based on the resolution, the market is segmented into VGA, XGA, HD & Full HD, and 4K and Above. Based on the application, the market is segmented into Cinema, Education, Business, Home Theater, and Gaming, Events and Large Venues, and Others.
The market report on 3D Projector covers market size for 2019 and market forecast for 2020-2027 for the following segment and sub-segments:
Global 3D Projector Market by Technology
Global 3D Projector Market by Light Source
Global 3D Projector Market by Brightness
Global 3D Projector Market by Resolution
Global 3D Projector Market by Application
Global 3D Projector Market by Region
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3D Projector Market Leading Players (Option 5: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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