3D projector is experiencing a significant extension in the market and their demand is increasing globally. It is commonly known as projection screen. It helps the watcher to sense the depth and provides high quality image to its viewers. 3D Projectors are preferred in cinemas, education sector, home theater, and business conference. There are two types of Laser sources i.e. Laser phosphor and RGB laser, which are majorly used in the 3D Projectors. Laser projectors are gaining maximum attention owing to benefits associated such as better quality &brightness, efficiency, long life, noise reduction and production of richer and precise colors. Growing demand and having gained high popularity encourages other sellers to provide the laser technology in 3D projectors.
COVID-19 Scenario Analysis:
The prime end users of the 3D projectors are education and cinema industry which are being largely impacted due to COVID-19. People are suggested to stay intheir home and not go in crowded places to stop the spread of COVID-19 infections.
During the lock down period, most of the businesses are suffering huge losses, which results in less demand for 3D projectors. Many countries are decreasing restrictions of lockdown, which is expected to increase the sales of 3D projectors.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
3D Projection has changed the way of seeing films. It has increased level of immersion and making people part of their favorite fantasy world. Growing digitalization has increased the adoption of 3D projector in education sector where kids interact in better manner by seeing the interactive things on the projector and teaching does not become a burden for the student and they take more interest in the session. Growing cinema industry has been boosting the growth of the 3D projectors as young generation prefers to watch the 3D Movies with 3D glasses. The emergence of 3 D projectors has brought the level of immersion to the living rooms of homes from theatres. The education sector has seen rapid technological transformation particularly in the few years. Interactive whiteboards, touch screen tablets, flat panel technology have revolutionized the educational ecosystem. For the better interactive session with the students, educational institute prefer 3Dprojectors as contrast to traditional projectors. 3D projector boost the learning of students by displaying the high clarity figures, audio and videos. Furthermore 3D projectors creates interest in education and make students feel curious about learning.
DLP projectors offer better contrast and deliver clear image
DLP projector is expected to gain significant popularity during forecast period as it require less maintenance cost and easy to operate. Furthermore, DLP projectors offers high-definition TV programs, withstand harsh environment and offers high quality of content, which enhance the experience of viewers through the sharp, clear and vivid images. This is attributed to bolster the growth of the 3D project market.
Asia-Pacific expected to witness high growth
3D projector is likely to grow with highest CAGR in the Asia-Pacific region owing to audience inclination toward watching movie in 3D format. Furthermore, countries like India and Japan are expected to witness an upsurge in demand for 3D projectors owing to growing education and entertainment sector in the region.
Key Benefits of the Report:
- The report provides a quantitative analysis of the current 3D projector market trends, estimations, and dynamics of the market size to identify the prevailing opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis and the market size and segmentation assists to determine the prevailing online entertainment market opportunities.
- The major countries in each region are mapped according to their revenue contribution to the market.
- The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the 3D projector industry.
Questions Answered in the 3D projection Market Research Report:
- Who are the leading market players active in the 3D projection market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
3D Project Market Report Highlights
Key Market Players
Vivitek Corporation (Taiwan),, Panasonic Corporation (Japan),, Seiko Epson Corporation (Japan),, BenQ Corporation (Taiwan),, Optoma (Taiwan),, NEC Display Solutions (Japan),, Barco (Belgium),, Sony Corporation (Japan),, Viewsonic (US), Christie Digital (US),