The Global 3D Projector Market size is expected to reach $4.6 billion by 2025, rising at a market growth of 7.6% CAGR during the forecast period.
3D technology has become increasingly common in latest years. For 3D viewing, nearly every action-packed film is shot or has at least a few scenes for the same. Viewers can not only watch them in theaters in 3D, but can also watch them at home later on via DVDs or streaming internet. Even 3D devices are becoming cheaper and easier to access. While 3D was mostly restricted to televisions a few years ago, today most of the 1080p mainstream projectors intended for home theaters have 3D features. There are also quite a few 4K projectors sold with 3D capacity to provide a cinematic film experience that is on par with cinemas.
Based on Technology, the market is segmented into DLP, LCD and LCOS. In order to provide superior image quality, DLP projectors offer a higher contrast and minimal pixelation of DLP technology. DLP projectors offer easy maintenance and are one of the important features with sealed image mirror to keep DLP chip free from dust. DLP projectors are compatible with high-definition TV programs and high-definition DVD content, offering clear, sharp, and vivid images. These factors lead to higher DLP projector acceptance, which in turn drives market growth.
Based on Light Source, the market is segmented into Metal Halide, Laser, LED and Hybrid & 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 Resolution, the market is segmented into HD & Full HD, VGA, XGA and 4K & Above Based on End User, the market is segmented into Cinema, Business, Education, Home Theater & Gaming, Events & Large Venues and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The major strategies followed by the market participants are Product launches and Partnerships & Collaborations. Based on the Analysis presented in the Cardinal matrix, Sony Corporation, Canon, Inc., and Panasonic Corporation are some of the forerunners in the 3D Projector Market. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sony Corporation, Seiko Epson Corporation, Panasonic Corporation, NEC Corporation, Acer, Inc., Canon, Inc., Coretronic Corporation, ViewSonic Corporation, Dell Technologies, Inc. and Boxlight Corporation.
Market players are taking step-by-step approaches to leverage market possibilities. Companies concentrate on innovative market-space competitive strategies. For example, Sony Corporation, based in Japan, introduced 4K HDR Home Theater projectors in September 2017 to extend its line of Home Theater projectors offering 4K image. Likewise, with a distinctive robust laser phosphor model, Barco, the industry leader in projection technology, expanded its F-series projection portfolio for the ProAV market. The F70 projector provides long service life and reliability for fixed facilities, ensuring decreased downtime and maintenance, resulting in lower total ownership costs. Moreover, over a longer period of time it offers constant brightness and color. The two models were launched at ISE 2017, offer native resolution of 4 K UHD and WUXGA and light output of up to 8,000 lumens.
Recent Strategies Deployed in 3D Projector Market
- Sep-2019: Epson has introduced EH-TW7000 and EH-TW7100, two new home cinema projectors which offer 4K content.
- May-2019: Epson has released the Pro Cinema 6050UB 4K PRO-UHD2, most advanced 4K home theater projector in order to deliver high quality 4K content.
- Apr-2019: Acer has introduced Acer C202i projector which projects images for travelling professionals.
- Feb-2019: Canon Europe has introduced LX-4K3500Z, its first large venue 4K projector which offers high brightness and has the capacity of projecting high-definition 4K images.
- Jan-2019: Panasonic has introduced new PT-VMZ50 Series, the world's smallest and lightest*1 portable LCD laser projectors which has in-built features of 4K signal input*6 via HDMI and Panasonic's DIGITAL LINK*3 connection for high content and image quality.
Acquisition and mergers:
- Sep-2018: Boxlight has acquired EOS Education in order to develop comprehensive solutions which compliment hardware and software solutions.
- May-2018: Boxlight has taken over Cohuborate Ltd. for offering MimioStudio classroom software, for meeting the specific needs of the industry.
Collaborations, Partnerships and Agreements:
- Jan-2019: Sony came into partnership with GDC Technology Limited in order to integrate Sony's SRX-R608-DS dual 4K laser projection system GDC's next-generation SR-1100 integrated media block (IMB) for offering HDR technologies and making advancements in laser technologies.
- Jan-2019: Boxlight came into partnership with Critical Links and Modern Robotics, Inc. for developing educational robotics programs.
- Mar-2019: Optoma, a subsidiary of Coretronic has extended its DuraCore laser ProScene projectors range with the launch of 5 new high-specification, compact 516SA series projectors, including ZU516SA-T, ZU516SA, ZH516SA-T, and ZH516SA in order to deliver stunning and sharp images.
- Sony Corporation
- Seiko Epson Corporation
- Panasonic Corporation
- NEC Corporation
- Acer Inc.
- Canon Inc.
- Coretronic Corporation
- ViewSonic Corporation
- Dell Technologies Inc.
- Boxlight Corporation
For more information about this report visit https://www.researchandmarkets.com/r/9fra1u