The Pico Projector Market is Estimated to Grow to $498.4 Million by 2018 - A Report by MicroMarket Monitor

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Application of Pico projectors in different industries- Manufacturing, IT, Research, drives the market growth for Pico Projectors.

MicroMarket Monitor

MicroMarket Monitor

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

The pico projector market in industrial manufacturing defines and segments the concerned market with analysis and forecast of revenue. The market is estimated to grow from around $124.7 million in 2013 to $498.4 million by 2018, at a CAGR of 31.9% from 2013 to 2018.

Browse through the TOC of the pico projector market in industrial manufacturing 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.

The pico projectors technology is an emerging technology, set to revolutionize the global projector market by making projectors portable enough to fit into a person’s pocket. The major advances in imaging technology have allowed the introduction of Pico projectors. It can be in the form of a small handheld device or in the form of a tiny light engine added as an accessory to consumer electronics such as smartphones, laptops, notebooks, tablets, cameras, and Personal Digital Assistants (PDAs). As with most image projectors, pico projectors too need a dark room to function.

In industrial applications, pico projectors can be used for training purpose of the employees. With the help of Pico projectors, proper training can be organized with sounds, videos and images which can provide better explanation than any verbal training and the employees require special training regarding different processes- manufacturing, packing, or distribution.

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Pico projectors are used largely in industries such as IT, software and research firms for presentations. The total market of pico projector in industrial manufacturing is contributed by four major geographies, namely, North America, Latin America, Europe and Asia-Pacific.

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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.

This report also includes the market share, supply chain, 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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Global Pico projector in Industrial Manufacturing Market

Pico projectors which were first introduced by Explay (Japan) tiny projectors that can throw a bright image on a screen in an average-size room, even in the presence of lots of ambient light. Stand alone projectors and Embedded projectors are the two main types of this projector. Stand alone projectors is attached to any display device through USB ports; and the ‘media player’ projectors, which have an in-built memory slot. ‘Embedded’ projectors are Pico projectors embedded within a device such as cell phones and laptops and can project any file or document within this device. These can be easily connected or embedded in handy devices like mobile phone, digital cameras, camcorders, laptops, mobile TV and portable media players.

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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