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Pulished Date April, 2021
ID: 9899
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Pico Projector Market Segmentation By Technology (Digital Light Processing/DLP, Laser Beam Steering, Holographic Laser Projection, Liquid Crystal on Silicon), By Product Type (Embedded and Non-Embedded), By Component (Light Source, Illumination System, Projector Lens, and Others), By Specification (Brightness and Power Source), By Compatibility (Laptop/Desktop, Smartphones, Digital Camera, Portable Media Players, and Others), and By Application (Consumer Electronics, Business & Education, Retail, Healthcare, and Others) Industry Forecast | 2021 to 2026

Pulished: April, 2021
ID: 9899
Pages: 175

Market Overview

The Global Pico Projector Market is anticipated to develop in a remarkable manner over the determined period. It is foreseen to progress to get valued around USD 3.94 billion by 2026 from USD 1.98 billion in 2021, growing at a CAGR of 11.71% over the anticipated period of 2021 to 2026.

Pico projectors are the handheld tools that have all the features of a projector and can display an image up to 100 inches. There are two types of Pico projectors, which are standalone and media player Pico projectors. These projectors are also called as pocket projectors, handheld projectors, or mobile projectors.

The growing integration of Pico projectors in mobile handsets is the major factors that were influencing the growth of the market, in a positive way, as these mobile handsets that are integrated with Pico projectors can serve in the application areas with the core potential which is triggering the growth of these projectors adoption. Further, raise in the amalgamation of these Pico projector modules with other devices such as digital cameras, digital photo frames, digital camcorders, mobile TV, portable media players, laptops, and various portable gaming devices are pushing the growth of the target market in the coming years.  

Recent Developments

  • Acer Inc., a Taiwanese multinational hardware and electronics corporation, specializing in advanced electronics technology, has announced that it has signed a partnership with Romain Grosjean’s R8G e-Sports Sim Racing Team. 
  • Lenovo, one of the key players of the Global Pico Projector Market, was signed the three-year exclusive worldwide partnership contract by DevClever.

Drivers and Restraints of Pico Projector Market

The rising integration of Pico projectors in smartphones, which are growing their business all over the world, is the major factor that is driving the growth of the Global Pico Projector Market. Also, another factor that was further fuelling the growth of the target market, globally, is the embedment of these Pico projectors into numerous devices including digital cameras, portable media players, digital photo frames, portable gaming devices, digital camcorders, laptops, mobile TV is creating the demand for them, which is resulting in fuelling the growth of the Pico projector market, all around the world. Furthermore, the growing usage of advanced technologies by consumers for their operations is boosting the expansion of the global Pico Projectors Market.

However, rising demand for flexibility in devices by end-users, as there is the limited number of features that these Pico projectors offer is affecting the adoption of these projectors, which is the major restraint that was hampering the growth of the target market. In addition, presence of the stiff competition from the emergence of Flat Panel Displays is another key factor that was hampering the growth of the target market over the forecast period.

Nonetheless, the growing areas of applications of these Pico projectors and the decline of selling prices of them are creating lucrative growth opportunities for the expansion of the players in the Global Pico Projector Market.

Market Segmentation of Pico Projector Market

Based on the of technology, the global Pico Projector market is segmented into Digital Light Processing (DLP), Laser Beam Steering, Holographic Laser Projection, and Liquid Crystal on Silicon.

And based on the type of product, the global Pico Projector market is segmented into Embedded and Non-Embedded.

On the components outlook, the global Pico Projector market is segmented into Light Source, Illumination System, Projector Lens, and Others.

In the specifications outlook, the global Pico Projector market is segmented as Brightness and Power Source. The Brightness segment is sub-segmented into 0-50 Lumens, 50-100 Lumens, 100-150 Lumens, and >150 Lumens. And the Power Source segment is sub-segmented into In-Built Battery and Non-Battery.

By compatibility, the global market is divided into Laptop/Desktop, Smartphones, Digital Camera, Portable Media Players, and Others.

On the application segmentation, the global Pico Projector market is segmented as Consumer Electronics, Business & Education, Retail, Healthcare, and Others.

Pico Projector Market Region wise analysis

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

In the regional analysis of the Global Pico Projector Market, Asia-Pacific held the significant share of the global market, in the revenue aspect. The major factor that was driving the growth of the target market in this area is the presence of the great market distribution in the emerging economies such as India and China. Moreover, the existence of very high number of end-users who are young, the demand for handy gadgets & the cost-effective solution as they can be embedded in consumer devices, and growing demand for image products that are in high quality are further fuelling the growth of Pico projector market in Asia-Pacific locale.

And the North America Pico Projector Market accounted for the second largest revenue in the global business. The high domestic consumption, technological advancements, and the growing adoption of the Bring-Your-Own-Device (BYOD) policy are further pushing the growth of the Pico Projector Market in North America vicinity.

Key Players of Pico Projector Market

The key players of the Global Pico Projector Market includes Lenovo Group Limited, Aaxa Technologies Inc., Texas Instruments, Acer Inc., LG Electronics Inc., Microvision Inc., Sony Corporation, ZTE Corporation, Koninklijke Philips N.V., RIF6 LLC, Celluon Inc., Cremotech Co Ltd., Global Aiptek Corporation, Miroir USA, Optoma Technology Corporation, etc.

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Pico Projector Market, By Technology                   

                    6.1.1 Digital Light Processing/DLP         

                    6.1.2 Laser Beam Steering 

                    6.1.3 Holographic Laser Projection        

                    6.1.4 Liquid Crystal on Silicon     

                    6.1.5 Market Size Estimations & Forecasts (2019-2024)        

                    6.1.6 Y-o-Y Growth Rate Analysis         

                    6.1.7 Market Attractiveness Index         

          6.2 Pico Projector Market, By Product Type                

                    6.2.1 Embedded     

                    6.2.2 Non-Embedded        

                    6.2.3 Market Size Estimations & Forecasts (2019-2024)        

                    6.2.4 Y-o-Y Growth Rate Analysis         

                    6.2.5 Market Attractiveness Index         

          6.3 Pico Projector Market, By Component                   

                    6.3.1 Light Source  

                    6.3.2 Illumination System 

                    6.3.3 Projector Lens

                    6.3.4 Market Size Estimations & Forecasts (2019-2024)        

                    6.3.5 Y-o-Y Growth Rate Analysis         

                    6.3.6 Market Attractiveness Index         

          6.4 Pico Projector Market, By Specification                 

                    6.4.1 Brightness     

                    6.4.2 Power Source 

                    6.4.3 Market Size Estimations & Forecasts (2019-2024)        

                    6.4.4 Y-o-Y Growth Rate Analysis         

                    6.4.5 Market Attractiveness Index         

          6.5 Pico Projector Market, By Compatibility                

                    6.5.1 Laptop/Desktop       

                    6.5.2 Smartphones 

                    6.5.3 Digital Camera         

                    6.5.4 Portable Media Players       

                    6.5.5 Market Size Estimations & Forecasts (2019-2024)        

                    6.5.6 Y-o-Y Growth Rate Analysis         

                    6.5.7 Market Attractiveness Index         

          6.6 Pico Projector Market, By Application                   

                    6.6.1 Consumer Electronics         

                    6.6.2 Business & Education         

                    6.6.3 Retail  

                    6.6.4 Healthcare     

                    6.6.5 Market Size Estimations & Forecasts (2019-2024)        

                    6.6.6 Y-o-Y Growth Rate Analysis         

                    6.6.7 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Technology          

                    7.2.3 By Product Type       

                    7.2.4 By Component         

                    7.2.5 By Specification        

                    7.2.6 By Compatibility       

                    7.2.7 By Application

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Technology          

                    7.3.3 By Product Type       

                    7.3.4 By Component         

                    7.3.5 By Specification        

                    7.3.6 By Compatibility       

                    7.3.7 By Application

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Technology          

                    7.4.3 By Product Type       

                    7.4.4 By Component         

                    7.4.5 By Specification        

                    7.4.6 By Compatibility       

                    7.4.7 By Application

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Technology          

                    7.5.3 By Product Type       

                    7.5.4 By Component         

                    7.5.5 By Specification        

                    7.5.6 By Compatibility       

                    7.5.7 By Application

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Technology          

                    7.6.3 By Product Type       

                    7.6.4 By Component         

                    7.6.5 By Specification        

                    7.6.6 By Compatibility       

                    7.6.7 By Application

8. Key Player Analysis                           

          8.1 Lenovo Group Limited           

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 Aaxa Technologies Inc          

          8.3 Texas Instruments                

          8.4 Acer Inc           

          8.5 LG Electronics Inc                 

          8.6 Microvision Inc           

          8.7 Sony Corporation                  

          8.8 ZTE Corporation                    

          8.9 Koninklijke Philips N.V          

          8.10 Optoma Technology Corporation             

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by type, by application, by end-user, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Pico Projector Market By Region, From 2021-2026 ( USD Billion )
  2. Global Pico Projector Market By Technology, From 2021-2026 ( USD Billion )
  3. Global Digital Light Processing/DLP Market By Region, From 2021-2026 ( USD Billion )
  4. Global Laser Beam Steering Market By Region, From 2021-2026 ( USD Billion )
  5. Global Holographic Laser Projection Market By Region, From 2021-2026 ( USD Billion )
  6. Global Liquid Crystal on Silicon Market By Region, From 2021-2026 ( USD Billion )
  7. Global Pico Projector Market By Product Type, From 2021-2026 ( USD Billion )
  8. Global Embedded Market By Region, From 2021-2026 ( USD Billion )
  9. Global Non-Embedded Market By Region, From 2021-2026 ( USD Billion )
  10. Global Pico Projector Market By Component, From 2021-2026 ( USD Billion )
  11. Global Light Source Market By Region, From 2021-2026 ( USD Billion )
  12. Global Illumination System Market By Region, From 2021-2026 ( USD Billion )
  13. Global Projector Lens Market By Region, From 2021-2026 ( USD Billion )
  14. Global Pico Projector Market By Specification, From 2021-2026 ( USD Billion )
  15. Global Brightness Market By Region, From 2021-2026 ( USD Billion )
  16. Global Power Source Market By Region, From 2021-2026 ( USD Billion )
  17. Global Pico Projector Market By Compatibility, From 2021-2026 ( USD Billion )
  18. Global Laptop/Desktop Market By Region, From 2021-2026 ( USD Billion )
  19. Global Smartphones Market By Region, From 2021-2026 ( USD Billion )
  20. Global Digital Camera Market By Region, From 2021-2026 ( USD Billion )
  21. Global Portable Media Players Market By Region, From 2021-2026 ( USD Billion )
  22. Global Pico Projector Market By Application, From 2021-2026 ( USD Billion )
  23. Global Consumer Electronics Market By Region, From 2021-2026 ( USD Billion )
  24. Global Business & Education Market By Region, From 2021-2026 ( USD Billion )
  25. Global Retail Market By Region, From 2021-2026 ( USD Billion )
  26. Global Healthcare Market By Region, From 2021-2026 ( USD Billion )

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