Pico Projectors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Pico Projectors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • May 2021 •
  • 111 pages •
  • Report ID: 5827189 •
  • Format: PDF
The global pico projectors market exhibited strong growth during 2015-2020.

A pico projector, also known as mobile, handheld or pocket projector, is a compact hardware device that is used to project visual content from a smartphone, tablet, camera or a memory device. It is primarily used to display videos and photos for portable entertainment as well as to present charts and slides for educational and business purposes. Certain stand-alone projector models connect to another device using a USB, HDMI or other cables, while some models are embedded in mobile devices and digital cameras. For an enhanced interactive experience, pico projectors can also be connected to an image processing application, laser pointer and a webcam.

The growing need for handy and portable electronic devices, along with increasing adoption of the Digital Light Processing (DLP) technology, is the key factor driving the growth of the market. DLP projectors use a variety of light sources, such as high-powered LEDs and lasers, to effectively project content onto a screen. These projectors can produce high-quality images, which is positively impacting the demand for the product. Furthermore, pico projectors are being extensively used in the automotive sector for image projection systems in vehicles. Additionally, the integration of pico projectors in smartphones and consumer electronics is another factor catalyzing the market growth. Devices such as digital cameras, camcorders, digital photo frames, laptops, wearables and portable gaming devices use pico projector to keep up with the diversified and ever-changing consumer demands. Moreover, various product innovations such as Wi-Fi and 3G/4G compatibility, coupled with rising disposable incomes of consumers across the globe, are further favoring the growth of the market. Looking forward, the analyst expects the global pico projectors market to grow at a CAGR of around 8% during 2021-2026.

Report Coverage:
Historical, Current and Future Market Trends

Market Breakup by Technology:
Digital Light Processing (DLP)
Laser Beam Steering
Holographic Laser Projection
Liquid Crystal on Silicon

Market Breakup by Product Type:
Embedded
Non-Embedded

Market Breakup by Component:
Light Source
Illumination System
Projector Lens
Others

Market Breakup by Specification:
Brightness
0-50 Lumens
50-100 Lumens
100-150 Lumens
>150 Lumens
Power Source
In-Built Battery
Non-Battery

Market Breakup by Compatibility:
Laptop/Desktop
Smartphones
Digital Camera
Portable Media Players
Others

Market Breakup by Application:
Consumer Electronics
Business & Education
Retail
Healthcare
Others

Market Breakup by Region:
Asia Pacific
Europe
North America
Middle East and Africa
Latin America

Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being Lenovo Group Limited, Aaxa Technologies Inc., Texas Instruments, Acer Inc., LG Electronics Inc., Microvision Inc., Sony Corporation, ZTE Corporation, Koninklijke Philips N.V., RIF6 LLC, Celluon Inc., Cremotech Co Ltd., Global Aiptek Corporation, Miroir USA, Optoma Technology Corporation, etc.

Key Questions Answered in This Report:
How has the global pico projectors market performed so far and how will it perform in the coming years?
What are the key regional markets in the global pico projectors industry?
What has been the impact of COVID-19 on the global pico projectors industry?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the component?
What is the breakup of the market based on the compatibility?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the global pico projectors industry?
What are the key driving factors and challenges in the global pico projectors industry?
What is the structure of the global pico projectors industry and who are the key players?
What is the degree of competition in the global pico projectors industry?