Industry Outlook
Visual expression has always been the most effective techniques of sharing thoughts, ideas and information. Humans can perceive and preserve any information better if seen through eyes. This is one of the major driver promoting the growth of visual projectors. With better wireless connectivity mediums and high definition projecting lens and lamps made projectors more convenient and accessible than ever before. The aforementioned factor is helping wireless projectors market to grow and expected to reach a considerable market value by 2026.
Market Synopsis
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"Wi-Fi Wireless Projectors is All Set to Make New Industry Standards for Wireless Projectors in Coming Years"
Wi-Fi and Bluetooth are the two most trustable connective medium for wireless operation and wireless projectors are no exception to this. Majority of wireless projectors rely on Wi-Fi and Bluetooth. However, projectors with standalone Wi-Fi lead the connectivity segment over the Bluetooth version. Wireless projectors with Wi-Fi and Bluetooth projected to lose their share to Wi-Fi wireless projectors in coming years owing to connectivity issues with Bluetooth connectivity.
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"High Definition Wireless Projectors Soon to Take Over Low Definition Alternatives"
At present low definition wireless projectors holds an upper hand over high definition version in case of market value. However, with consistently rising in advanced electronics and extended lamp life, high definition wireless projectors are all set to claim majority of market share. Intricate detailing and higher pixels allows better visual representation and consequently, high definition wireless projectors gaining momentum in market growth.
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"Asia Pacific Expected to Emerge as Dark Horse in Wireless Projectors Market in Coming Years"
At present, North America region leads the overall wireless projectors in terms of market value. Home to several multinational and national companies, North America generate a considerable demand for video projectors. In addition, the region shows significant acceptance of new technologies driving the demand for wireless projectors. However, significant growth rate of corporate sector in Asia Pacific expected to generate notable demand for wireless projectors in coming years. Consequently, major wireless projector manufacturers framed business strategies with Asia Pacific in focus.
Market Segmentation
| ATTRIBUTE |
DETAILS |
| Research Period |
2016-2026 |
| Base Year |
2017 |
| Forecast Period |
2018-2026 |
| Historical Year |
2016 |
| Unit |
USD Billion |
| Segmentation |
By Connectivity (2016–2026; US$ Bn)
• Bluetooth
• Wi-Fi
• Bluetooth & Wi-Fi
|
|
By Resolution (2016–2026; US$ Bn)
• Low Definition
• High Definition
|
|
By Application (2016–2026; US$ Bn)
• Commercial
• Education
• Residential
|
|
Geography Segment (2016–2026; US$ Bn)
• North America (U.S. and Rest of North America)
• Europe (U.K., Germany, France, and Rest of Europe)
• Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
• Rest of World (Middle East & Africa (MEA), Latin America)
|
Competitive Landscape
The research study covers some of the leading video projector manufacturers including AsusTek Computer Inc., Acer Inc., BenQ Corporation, Dell, Seiko Epson Corporation, Casio Computer Co., Ltd., Hitachi, Ltd., LG Electronics Inc., Panasonic Corporation, and Koninklijke Philips N.V. The aforementioned companies have strong product offerings and elaborated geographical presence. This made the existing wireless projectors market highly competitive. Besides, small and local manufacturers are also confronting with big players in order to claim their market share.
Key questions answered in this report
- How progression in lamps, lenses, and wireless connectivity helped wireless projectors market to flourish?
- Which are the most prominent applications and how their growth is assisting wireless projectors market to grow?
- What are different types of wireless projectors and what is their standing in terms of market value?
- What role do education sector play and its effect on the sales of wireless projectors?
- How developing region such as Asia Pacific and Latin America emerge as the game-changer in coming years?
