The Pico Projector Market in Consumer Electronics is Estimated to Grow from Around $138.3 million in 2013 to $1,072.2 million by 2018 - New Report by MicroMarket Monitor

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The application of Pico Projector in various leading consumer electronics products drives the Pico Projector market in Consumer Electronics

MicroMarket Monitor

MicroMarket Monitor

Key Players in the pico projector market in consumer electronics are Aiptek International Inc. (Taiwan), Micro vision (U.S.), 3M (U.S.), Sony Corporation (Japan) and Optoma Ltd. (U.S.).

The pico projector market in consumer electronics report defines and segments the concerned market with analysis and forecast of revenue. The market is estimated to grow from around $138.3 million in 2013 to $1,072.2 million by 2018, at a CAGR of 50.6% from 2013 to 2018.

Browse through the TOC of the pico projector market in consumer electronics report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.

In consumer electronics, pico projectors are used in a wide range of products for the purpose of projecting large displays from the devices. Pico projectors are available in embedded form in the electronic devices. Embedded pico projectors are cost-sensitive and consume low power. The different products where pico projectors can be embedded are smartphones, laptops, notebooks, tablets, digital cameras, video players, head up displays, wearable displays, and for gaming purpose. The increased use of embedded products in devices and the efficiency of high-end projectors for business will lead to a considerable growth in revenues in the near future. Key manufacturers like Samsung Electronics Co. Ltd. (South Korea) and 3M Co. (U.S.) have started offering Pico projectors as stand-alone accessories which can be attached to handheld devices.

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The total market of pico projector in consumer electronics is contributed by four major geographies, namely North America, Latin America, Europe, and Asia-Pacific. Asia-Pacific dominates the concerned market as it is the largest consumer electronics market, with growth primarily driven by China and India. This region also has the largest youth population, and working adults, avid users of electronic gadgets.

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. The market is further segmented and forecast on the basis of major products, such as USB, embedded, media player, and standalone.

Early buyers will receive 10% customization on this report.

This report also includes the market share, supply chain and value chain analysis, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in the market, including the major companies which provide wireless chipset.

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The Pico projectors continue to benefit from advances in miniaturization and power management and offers a wide range of application in the field of aerospace and defense, automotive, business and education, healthcare, consumer electronics, industry and retail. These are the tiny handheld projectors which are mostly battery operated and can fit into the user’s pocket. These can easily be connected or embedded in handy devices like mobile phone, digital cameras, camcorders, laptops, mobile TV, portable media players, and portable gaming devices.

The Pico projector market by automotive application accounts $105 million in 2013 and is expected reach total revenue of $1,154 million at a CAGR of 54% from 2013 to 2018. The Pico projector market for automotive sector in mainly driven because the Pico projectors are used in head up displays. The next-generation automotives are installed with Digital Light Processing (DLP) Pico projector engine. It will include built-in DLP Pico projector with a glass screen that simulates around 30" display that can cover the windshield.

About MicroMarket Monitor :

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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