LONDON--(BUSINESS WIRE)--The global projector screen market size is poised to grow by USD 30.54 billion during 2020-2024, progressing at a CAGR of over 11% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
The global projector screen market is driven by the easy portability of projector screens. Projectors can be used with fixed or portable screens and are highly used by corporate firms for presentations as well as by individuals as home theater projectors, which, in turn, drives the demand for projector screens on a global level. As these portable projector screens are available in different sizes starting from 15 inches to 220 inches and are sold at different prices, they are affordable for price-conscious customers as well, which will further fuel the sales of projector screens in the coming years.
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Report Highlights:
- The major projector screen market growth came from the wall and ceiling segment in 2019. However, the ceiling recessed segment is expected to grow at a faster rate during the forecast period.
- APAC was the largest projector screen market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to factors such as the expansion of the service sector and growing literacy rates.
- The global projector screen market is fragmented. Barco NV, Custom Display Solutions Inc., Elite Screens Inc., Grandview Crystal Screen Co. Ltd., Harkness Screens International Ltd., Legrand SA, Screen Innovations, Seiko Epson Corp., Silver Ticket Products, and Vutec Corp. are some of the major market participants. To help clients improve their market position, this projector screen market forecast report provides a detailed analysis of the market leaders.
- As the business impact of COVID-19 spreads, the projector screen market 2020-2024 is expected to have negative growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.
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Growing Adoption of Projector Screens in Non-traditional Sectors will be a Key Market Trend
Projector screens are gaining traction in most of the sectors, including non-traditional sectors, such as sports screening, military, education, and healthcare. The growing popularity of FIFA, cricket matches, and Olympics is fueling the adoption of projector screens by business customers in stadiums, as well as by individual customers for their home theaters. There is growing adoption of projector screens in nontraditional sectors due to the growing number of educational institutions and corporate firms, which contributes to the increasing adoption of projector screens. Projector screens can also be used in various hospital settings to provide real-time hospital- and health-related information to help surgical teams and healthcare practitioners collaborate for the best patient outcomes.
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Projector Screen Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist projector screen market growth during the next five years
- Estimation of the projector screen market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the projector screen market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of projector screen market vendors
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TYPE
- Market segmentation by type
- Comparison by type
- Wall and ceiling - Market size and forecast 2019-2024
- Ceiling recessed - Market size and forecast 2019-2024
- Floor rising - Market size and forecast 2019-2024
- Portable - Market size and forecast 2019-2024
- Fixed frame - Market size and forecast 2019-2024
- Other type - Market size and forecast 2019-2024
- Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
- Buying criteria
PART 08: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Professional - Market size and forecast 2019-2024
- Personal - Market size and forecast 2019-2024
- Market opportunity by application
PART 09: MARKET SEGMENTATION BY PRICE RANGE
PART 10: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 13: MARKET TRENDS
- Increasing organic growth
- Growing popularity of projector screen paints
- Growing adoption of projector screens in nontraditional sectors
PART 14: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 15: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Barco NV
- Custom Display Solutions Inc.
- Elite Screens Inc.
- Grandview Crystal Screen Co. Ltd.
- Harkness Screens International Ltd.
- Legrand SA
- Screen Innovations
- Seiko Epson Corp.
- Silver Ticket Products
- Vutec Corp.
PART 16: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 17: EXPLORE TECHNAVIO
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