Asia-Pacific Pico Projector Market is Expected to Reach $2,255.2 Million in 2018 – New Report by MicroMarket Monitor : USB Drive
October 17, 2014 Jon 0 Comments
(PRWEB) September 14, 2014
The Asia-Pacific Pico Projector Market report defines and segments the pico projector market in Asia-Pacific with analysis and forecast of revenue. The Asia-Pacific pico projector market is estimated to grow from $ 274.4 million in 2013 to $ 2,255.2 million by 2018, at a CAGR of 52.4% for the given period.
Browse through the TOC of the Asia-Pacific Pico Projector Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Asia-Pacific Pico Projector Market, and is supported by various tables and figures.
This market is segmented and forecast on the basis of technology, such as digital light processing (DLP), liquid-crystal-on-silicon (LCoS), laser beam steering (LBS), and holographic. On the basis of components, the pico projector market is divided into lighting source, optics, and batteries. On the basis of brightness, the pico projector market is divided into 0-50 lumen, 50-100 lumen, and 100 lumen & above. The market is further segmented and forecast on the basis of major products, such as USB, embedded, media player, and standalone.
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This market is expected to have huge revenue potential by establishing a strong base in their chosen industry segments.
Asia-Pacific is the fastest-growing market for pico projectors, among all other regions throughout the globe. Asia-Pacific is expected to witness a high growth in the pico projector market as consumer electronics embedded with pico projectors are projected to penetrate the market in the coming years, which will lead to huge demand for pico projectors. Asia-Pacific is considered as a hub for supply of consumer electronic products. Furthermore, the majority of pico projector manufacturers are from Asia-Pacific. Therefore, consumer electronic suppliers and pico projector manufacturers are expected to drive the pico projector market in the Asia-Pacific region. Samsung and LG Electronics of South Korea already launched Smartphones embedded with pico projectors in the market.
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The major players in the pico projector market in Asia-Pacific include Samsung Electronics Co. Ltd. (South Korea), Himax Technology (Taiwan), Wowwee Group Ltd. (Hong-Kong), BenQ Corporation (Taiwan), Epson Corporation (Japan), Nikon, Inc. (Japan), LG Electronics (South Korea), Acer, Inc. (Taiwan), and Lite-On Technology (Taiwan), among others.
Within the Asia-Pacific pico projector market, India is the fastest-growing market, projected to grow at a CAGR of 56.4% from 2013 to 2018.
This report also includes market share and value chain analyses, along with market metrics such as drivers & restraints. In addition, it presents a competitive landscape and company profiles of the key players in the market.
Latin America Pico projector Market
The global Pico projector market is mainly driven by high performance and low costs laser light sources. The global Pico projector market is expected to grow from $ 925.1 million in 2013 to $ 5927 million in 2018, at an estimated CAGR of 45% from 2013 to 2018. The Americas leads the global Pico projector market, due to the presence of major players in this region. The Americas market is sub-segmented into North America and Latin America. Latin America Pico projector market is expected to grow from $ 95.3 million in 2013 to $ 378.1 million in 2018, at an estimated CAGR of 31.7% from 2013 to 2018.
The report Latin America Pico Projector, 2013-2018 analyzes the market of Pico projector by technologies, including DLP, LCOS, LBS, and holographic. LCOS technology in Latin America accounted for the largest share i.e. $ 42.2 million in 2013, and is expected to reach $ 171.1 million in 2018, at a CAGR of 32.3% from 2013 to 2018. DLP is the second-largest market by technology in Latin America.
Europe Pico projector Market
The Pico projectors are tiny projectors which are mostly battery operated and fit into the users pocket. These can easily be connected or embedded in handy devices like mobile phone, digital cameras, camcorders, digital photo frames, laptops, mobile TV, portable media players, and portable gaming devices. These are small-format projector which is used to provide large displays (sometimes up to 100″). Brightness and resolution is less in the Pico projectors compared to large projectors but its a portable device and very handy to carry out anywhere. It includes miniaturized hardware and software that can project digital images on the nearby surfaces.
The Europe market for Pico Projector accounted revenue for around $ 255.9 million in 2013 and is expected to grow at a CAGR of 39% from 2013 to 2018 and will reach a total market size of $ 1,326.4 million in 2018. The Europe consists of various companies that are Pico projector component supplier, technology provider or as a manufacture, such as Osram GmbH (Germany), STMicroelectronics (Switzerland), EpiCrystals Inc (Finland), Philips (The Netherlands) and others.
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MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
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