North America Pico Projector Market is Expected to Reach $1,452.7 Million in 2018 - New Report by MicroMarket Monitor

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The North America Pico Projector Market report defines and segments the pico projector market in North America with analysis and forecast of revenue.

MicroMarket Monitor

MicroMarket Monitor

Key players in the North America Pico projector Market are Optoma Technology Inc (U.S.), Microvision Inc (U.S.), Sydiant Inc (U.S.), 3M Co (U.S.) & others.

The North America Pico Projector Market report defines and segments the pico projector market in North America with analysis and forecast of revenue. The North America pico projector market is estimated to grow from $245.8 million in 2013 to $1,452.7 million by 2018, at a CAGR of 42.7% from 2013 to 2018.

Browse through the TOC of the North America Pico Projector Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North American 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.

The North American market is constituted by the U.S., Canada, and Mexico, where in the U.S. dominated the market with a 67% share of the total pico projector market in 2012. The U.S. continues to remain one of the largest regional markets for pico projector.

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Wearable glasses which uses the core technology mainly Augmented Reality (AR), where virtual objects and real-time information can be perfectly combined with natural scenes, allowing users to capture the breadth of the further development of information.

The microprojection technology used in smart glasses will project light onto a reflection screen through convex lens refraction to the human eye. Images are penetrating, near-transparent, and in rendering display mode which does not affect the wearer’s ability to see the natural environment.

Microprojection display technology can be separated into mainstream Digital Light Processing (DLP), Micro Electro Mechanical Systems (MEMS) lasers, and Liquid-Crystal-on-Silicon (LCoS). The Pico projector technology is originally applied to micro LCoS projection display technology, but because of its high power, small size, and virtual screen size advantages, it is suitable for an application like Google intelligent glasses which allows users to obtain large-screen viewing.

Although smart glasses are set to become the next wave in wearable devices, their price is a concern, and their resolution improvement and application development have certain flaws by personal privacy security test market which safeguarding users personal data. The estimated development period—more than three years—is necessary for its popularization in the commercial or consumer markets and is expected to have a high impact in the future for North American pico projector market.

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.

Related Reports:

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 user’s 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 it’s 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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