Projector Screen Market Outlook – 2027
A projection screen is an installation comprising a support and surface structure often used to display a projected image for an audience viewing. Projection screens can be permanently mounted, such as in a painted on the wall; movie theater; or portable with floor-rising or tripod versions, such as in a meeting room or other non-dedicated display area. These screens are typically used in the corporate sector for meetings and conferences.
In addition, increase number of start-ups have resulted in upsurge in demand for these screens, which is a factor expected to support global market growth. Various markets exist for screens targeted for use with film projectors, digital projectors, overhead projectors and slide projectors, although the basic idea for each of them is very much the same: front projection screens work on diffuse reflection of the light projected onto them, while back projection screens work by transmitting the light diffusely through them.
The global projector screen market is segmented on the basis of type, application, end user, industry vertical, and region. Based on type, the projector screen market is divided into wall & ceiling, ceiling recessed, floor rising, portable, fixed frame, and others. On the basis of application, the market is divided into professional and personal.
In terms of end user, the projector screen market is categorized into industries, government, commercial and others. On the basis of industry vertical, the market is segregated into building & construction, IT & telecom, healthcare, aerospace & defense, industrial, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
COVID-19 Scenario Analysis:
- Global projector screen market has been significantly impacted by the COVID-19 outbreak. New projects throughout the world have stalled, which, in turn, have led to decline in demand for analog semiconductors.
- Global factories have struggled to integrate new projector screen market share as workers have stayed in their homes, which disrupted the global supply chains.
- The impact of COVID-19 on projector screen market analysis is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for the industry is gradually going to increase.
- This COVID-19 lockdown would help companies think about more advanced market to enhance efficiency.
Top Impacting Factors:
It is anticipated that growing availability of different types of project screens at different costs would fuel market growth. Such projector screens are mounted screens for wall/ceiling, portable screens and fixed projector screens for frames. Availability of various projector screen options with different aspect ratio and custom shapes and sizes at different price ranges for projector screen market.
Increasing population disposable income and inclination towards leisure and entertainment has increased the opportunities for these screens for personal use, which is also projected to exceed target market growth.
The Portable Projector Screen Segment to Grow at the Highest CAGR
The portable projector screen is expected to witness the fastest growth on the global projector screen market. These screens are preferred at different locations for presentations or exhibitions. A user can conveniently bring this screen to different locations as per the requirements. In addition to this, there is no requirement to bring an extra tripod or stand to mount the projector screen which allows the user to easily carry and use the screen whenever necessary.
The Professional Use Segment to Drive Market Growth
Upsurge in number of startups inevitably contributing for a large number of corporate seminars, meetings, and business conferences where the projector screens are highly relevant. This is one of the largest contributing factors to the growth of the projector screen market. In addition to this, webinars and seminars on various topics offered by several educational institutions or individuals also impact the growth of the market segment for professional usage.
Growth in the Pico Projector Market
Pico projectors are portable devices capable of projecting digital data on any surface such as walls, tables, or screens; these are called pocket projectors since they are small, compact, lightweight and easy to carry. These factors make these projectors' adoption rates high among the sectors of education, banking, financial services, insurance, automotive, aerospace and defense, and healthcare. Because of its size, form, and features, Pico projectors are often used by end-users. Thus, during the forecast period pico projectors are expected to boost the growth of the market for portable projection screens.
The projector screens are implemented in educational institutions to provide greater teaching experience through the digital way that helps improve student learning process, a factor anticipated to augment demand for these screens and increase target market growth. A major application is in cinema theatres; hence, the growing number of international multiplexes and commercial theaters is one of the key factors expected to drive global market over the forecast period.
Key Benefits of the Report:
- This study presents the analytical depiction of the global projector screen market forecast along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global projector screen market.
- The current market is quantitatively analyzed to highlight the global projector screen market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global projector screen analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Projector Screen Market Research Report:
- Which are the leading market players active in the global projector screen market?
- What would be the detailed impact of COVID-19 on the projector screen market size?
- How current projector screen market trends would influence the industry in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
Projector Screen Market Report Highlights
By End User
By Industry Vertical
Key Market Players
Da-Elite, Swastik Telon, Stewart Filmscreen Corporation, Elite Screens Inc., Vutec Corporation., Grandview Screen, Custom Display Solutions, Inc., Harkness Screens International Ltd, Seiko Epson Corporation, Silver Ticket Products