Global 3D Projector Market by Technology Type (DLP, LCD, LCoS), by Light Source (Laser, Lamps, LED) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

The 2018 global 3D projector market was worth USD 3.09 billion. It is projected to grow at a 5.4% compound annual growth rate (CAGR), from 2019 to 2025. Due to increasing use of 3D technology in many areas, such as education, home theatre, business presentations and event management, the demand for 3D projectors will increase worldwide. The 3D projector creates the illusion of depth by mapping three-dimensional data onto two-dimensional surfaces. Market growth is expected to be driven by the availability of 3D projectors with better image quality and connectivity.

Market growth is expected to be driven by the rapid adoption of 3D projectors in cinema halls, and digitalization in education. The popularity of 3-dimensional movies is expected to increase globally due to the immersive viewing experience they offer. This will drive the market for 3D projectors in the film industry to grow at a promising rate in the near future. The projected growth prospects for the 3D projector market will be boosted by increased awareness of the benefits of digital media to the education sector. This includes better engagement and learning outcomes.

This market is also growing due to the emergence and use of new technologies like Liquid Crystal on Silicon (LCoS), which is an amalgam of Display Light Processing (DLP) and Liquid Crystal Display(LCD) technologies. Also, the development of smaller 3D projecting units is helping to increase its popularity. The demand for LCoS projector solutions is expected to continue growing in the future. The combination of LCD and DLP projection technologies, as well as the use of liquid crystal chips with mirror backing to make the image reflective, has led to promising growth prospects for this technology.

3D projectors are also expected to be a huge asset in the gaming market. These devices can transform a simple game into something more engaging and immersive by providing projection mapping. Gamers can also customize their gaming preferences using 3D projectors. This encourages creativity and participation. Many players are offering gaming products with improved specifications, features, and efficiency. BenQ Corporation's BenQHT2150ST is an example of a customized gaming mode that allows gamers to see dark shadows and bright details in order to have a more realistic viewing experience.

Technology Type Insights

The market can be divided into three types of technology: Liquid Crystal Display, Liquid Light Processing (DLP), and Liquid crystal on Silicon (LCoS). DLP technology accounted for more than 45% of the market share in 2018. DLP technology accounted for more than 45% of the market share in 2018. This is due to its technical advantages, which include clear, vivid image projection and a high contrast ratio. DLP projectors are also smaller and lighter than LCoS or LCD. DLP devices are expected to see an increase in demand over the forecast period.

Because of its advantages such as sharper, more efficient images, LCD technology will be the fastest-growing segment within the next few years. Because it uses less power and generates less heat, LCD technology is becoming more popular. LCD 3D projectors are also less expensive than DLP. These benefits are likely to increase demand for LCD products.

Brightness Insights

The market for 3D projectors can be divided into three segments: less than 2,000 lumens; 2,000 to 3,999 lumens; 4,000 to 9,999 lumens; and 10,000 & more lumens. Due to increasing demand for projection clarity and long-range visibility, the segment between 4,000 and 9,999 lumens is expected to be the fastest-growing. This brightness range is most commonly used for large events and venues where clear visibility is crucial. Due to the improved corner projection, edge-blending and vertical projection used to display 3D objects, there has been an increase in demand for 3D projectors with a brightness range of 4,000 to 9,999 lumens.

In 2018, the market's dominant segment was the 2,000-3,0009 lumens. This brightness range is primarily used by business and education to project in classrooms, training rooms, conference rooms and other areas. These devices can also be used in simulations and simulators where the projected image is required to be clearly seen from a greater distance. This segment will continue to hold a large share of the market over the forecast period.

Light Source Insights

The market can be divided into LED, laser, lamps and other light sources. The laser segment will be the fastest-growing over the forecast period. Laser-based 3D projectors have better accuracy and a longer life span. They are also easy to maintain, making them ideal for use in high-use environments such as classrooms, museums, boardrooms, large venues, and location-based entertainment. These projectors are also being used in cinema halls due to their high-quality image. These projectors will continue to be in high demand over the next few years.

The growth prospects for 3D projectors with an light source are expected to rise significantly over the next few years due to their advantages such as higher efficiency, longer life spans, and lower cost than lamp-light based solutions. These devices are suitable for event and corporate management due to their brightness and image quality. LEDs are also energy-efficient and produce low heat, which is why LED 3D projectors have become so popular.

Application Insights

The cinema segment held the largest market share, with more than 25% in 2018, when it came to application. Due to the growing number of 3D cinema screens around the world, the cinema segment will be a growth opportunity for market players for 3D projectors. According to studies, 86% of more than 50,000 Chinese cinema screens were 3D compatible by 2018. Technology advancements have enabled more efficient products that are brighter and offer better picture quality, while also requiring less maintenance. This segment will continue to grow at a rapid pace in the future.

In 2018, the corporate segment accounted for a large share of the market. It is expected to offer promising growth opportunities for market participants in the near future. This segment will likely be the fastest-growing segment in the future. Companies are creating brighter products to meet the changing working habits of end-users due to the increasing demand for projectors from the corporate sector. Technology advancements in light sources and lumens have allowed for the creation of a wider range of products that can be installed in small businesses' conference rooms/meeting rooms. There are many manufacturers on the market that can adapt to the ever-changing corporate world. Optoma ZW500T from Optoma Corporation offers 5,000 lumens brightness and WXGA (1280x800) resolution. This allows users to transmit audio and video files using a single cable.

Regional Insights

In 2018, the largest market share was held by the Asia Pacific region for 3D projectors. The region's promising growth prospects can be attributed to the growing film industry and the desire of the Chinese audience for 3D movies. Many production companies from East Asia have begun investing in 3D movies. In the APAC region, the demand for 3D projectors will increase due to the digitalization of education.

Over the forecast period, 3D projector sales in North America and Europe are expected to rise at significant rates. There are approximately 2,030 3D cinema screens across the U.K., 3,000 3D cinema screen in France and 16,000 3D screens in North America, according to studies. These regional markets are likely to benefit from the presence of large European and North American enterprises that use 3D projectors as data presentation tools.

Market Share Insights & Key Companies

Market players are investing more in product development to increase their market presence. To remain competitive in an increasingly competitive market, companies are investing more in R&D.

Optoma Corporation, for example, announced in March 2018 the launch of its 4k home projector UHD51. It comes with full 3D compatibility. The projector features PureMotion frame interpolation processing to give you a big-screen experience. The UHD51 3D projector can eliminate motion blur and judder even in fast-paced sports and high-speed action films. The market leader in 3D projectors is:

• Optoma Corporation

• Acer Inc.

• Seiko Epson Corporation

• Barco

• Delta Electronics, Inc.

• Hitachi Digital Media Group

• NEC Display Solutions

• Panasonic Corporation

• Sony Corporation

• ViewSonic Corporation

Up Market Research published a new report titled “3D Projector Market research report which is segmented by Technology Type (DLP, LCD, LCoS), by Light Source (Laser, Lamps, LED), By Players/Companies Barco, NEC Display Solutions, Delta Electronics Inc, Seiko Epson Corporation, Optoma Corporation, Acer Inc, ViewSonic Corporation, Sony Corporation, Panasonic Corporation, Hitachi Digital Media Group”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global 3D Projector Market Report Segments:

The market is segmented by Technology Type (DLP, LCD, LCoS), by Light Source (Laser, Lamps, LED).

3D Projector Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the 3D Projector Market

Overview of the regional outlook of the 3D Projector Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The 3D Projector Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of 3D Projector Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. DLP

                2. LCD

                3. LCoS

                1. Laser

                2. Lamps

                3. LED

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the 3D Projector Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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• Correctly Positioning New Products
• Market Entry Strategies
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Reasons to Purchase the 3D Projector Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.