Market Overview
The Global DLP Projectors Market is foreseen to develop in a significant manner over the outlook period. It is estimated that the market is likely to reach USD 4.6 billion by 2026 from USD 2.9 Billion in 2021, growing at a CAGR of 8% over the period of 2021 to 2026.
Digital Light Processing (DLP) is often considered as a set of chipsets that comprises optical micro-electro-mechanical technology, which can be implemented in the digital micromirror devices (DMD). The mirrors here are so small, thus the DMD pixel pitch will be around 5.4 µm or less. These Digital light processing (DLP) projectors utilize the display devices such as optical micro-electro-mechanical technology to make use of digital micro-mirror devices.
Among the global market, high demand for short-throw DLP projectors and ultra-short-throw DLP projectors when compared to normal-throw DLP projectors is expanding the applications of these DLP projectors in small-space applications. This growth in the small-space applications for these projectors, which are mostly accompanied by entertainment, business, and education sectors, is the most influential factor of the Global DLP Projectors Market.
Recent Developments
Drivers and Restraints of DLP Projectors Market
The growth in the usage of DLP projector in the education sector & movie screen and the rising demand for the short-throw DLP projectors and ultra-short-throw DLP projectors, owing to the growing small-space applications, is the major factor that was driving the growth of the Global DLP Projectors Market. Also, rising business, entertainment, and education sectors, where there are plenty of small-space applications are further fuelling the growth of the target market. Moreover, the advantages of the usage4 of these DLP projectors that include high contrast feature, reliability, reduced pixilation, durability, and portability are boosting the adoption of them, which is another key factor that was pushing the growth of the DLP Projectors Market.
However, the high prices of these DLP projectors are the major restraint that was hampering the growth of the Global DLP Projectors Market. In addition, the lack of experts who can handle these projectors is another key factor that was challenging the growth of the target market over the forecast period.
Nonetheless, the growing demand for DLP projectors in the evolving entertainment industry is creating lucrative opportunities for the expansion of the players in the Global DLP Projectors Market.
Impact of COVID-19 on the DLP Projectors Market
The impact of the COVID-19 pandemic on the Global DLP Projectors Market is felt in all industries, including DLP projectors. The major reason for the slump in the growth of the target market during the pandemic is the stalled entertainment industry owing to the imposed lockdowns by various governments around the world and reduced spending ability of consumers.
Market Segmentation of DLP Projectors Market
Based on the type of Lens, the global DLP Projectors market is segmented into Ultra-short Throw Projector, Short Throw Projector, and Standard Throw Projector.
And based on the Source of Light, the global DLP Projectors market is segmented into Lamp, LED, and Laser.
On the Chip Model Outlook, the global DLP Projectors market is segmented into One Chip and Three Chip.
In the Technological Outlook, the global DLP Projectors market is segmented as 1-chip DLP Projector and 3-chip DLP Projector.
And on the Brightness Segmentation, the global DLP Projectors market is segmented into Less than 2,999 Lumens, 3,000 to 5,999 Lumens, and 6,000 Lumens & Above.
On the Application Segmentation, the global DLP Projectors market is segmented as Home Entertainment & Cinema, Business, Education & Government, Large Venues, and Others.
And on the Throw Distance Outlook, the DLP Projectors market is segmented into Normal Throw, Short Throw, and Ultra-Short Throw.
DLP Projectors Market Region wise analysis
In the regional analysis of the Global DLP Projectors Market, Asia-Pacific held the major share of the global market based on revenue. Growing investments in the consumer electronics market, coupled with the rising demand for these DLP projectors among the automotive, healthcare, and education are the major factors that are driving the growth of the target market in this area. And the rising adoption of advanced technologies in Asia-Pacific's entertainment industry, the increasing bias for 3D films from the audience in the emerging economies in this region such as India and China, an increasing number of film screens & viewer interest in 3D films are further fuelling the growth of the DLP Projectors Market in Asia-Pacific. It is also expected that the Asia-Pacific DLP projectors market is going to witness rapid growth and is going to continue its dominance over the global market in the outlook period.
Key Players of DLP Projectors Market
The key players in the Global DLP Projectors Market includes Texas Instruments Inc. (U.S.), Qisda Corp. (Taiwan), Coretronic Corp (Taiwan), Delta Electronics, Inc. (Taiwan), Barco N. V.(Belgium), BenQ Corp. (Taiwan), Christie Digital Systems, Inc. (U.S.), NEC Corp. (Japan), Optoma Corp. (Taiwan), Acer Inc. (Taiwan), Digital Projection Ltd. (U.K.), and ViewSonic
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 DLP Projectors Market, By Lens
6.1.1 Ultra-Short Throw Projector
6.1.2 Short Throw Projector
6.1.3 Standard Throw Projector
6.1.4 Market Size Estimations & Forecasts (2019-2024)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 DLP Projectors Market, By Technology
6.2.1 1-chip DLP Projector
6.2.2 3-chip DLP Projector
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 DLP Projectors Market, By Light Source
6.3.1 Lamp
6.3.2 LED
6.3.3 Laser
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 DLP Projectors Market, By Chip Model
6.4.1 One Chip
6.4.2 Three Chip
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 DLP Projectors Market, By Brightness
6.5.1 Less than 2,999 Lumens
6.5.2 3,000 to 5,999 Lumens
6.5.3 6,000 Lumens & Above
6.5.4 Market Size Estimations & Forecasts (2019-2024)
6.5.5 Y-o-Y Growth Rate Analysis
6.5.6 Market Attractiveness Index
6.6 DLP Projectors Market, By Throw Distance
6.6.1 Normal Throw
6.6.2 Short Throw
6.6.3 Ultra-Short Throw
6.6.4 Market Size Estimations & Forecasts (2019-2024)
6.6.5 Y-o-Y Growth Rate Analysis
6.6.6 Market Attractiveness Index
6.7 DLP Projectors Market, By Application
6.7.1 Home Entertainment & Cinema
6.7.2 Business
6.7.3 Education & Government
6.7.4 Large Venues
6.7.5 Market Size Estimations & Forecasts (2019-2024)
6.7.6 Y-o-Y Growth Rate Analysis
6.7.7 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 Lens
7.2.3 By Technology
7.2.4 By Light Source
7.2.5 By Chip Model
7.2.6 By Brightness
7.2.7 By Throw Distance
7.2.8 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 Lens
7.3.3 By Technology
7.3.4 By Light Source
7.3.5 By Chip Model
7.3.6 By Brightness
7.3.7 By Throw Distance
7.3.8 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 Lens
7.4.3 By Technology
7.4.4 By Light Source
7.4.5 By Chip Model
7.4.6 By Brightness
7.4.7 By Throw Distance
7.4.8 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 Lens
7.5.3 By Technology
7.5.4 By Light Source
7.5.5 By Chip Model
7.5.6 By Brightness
7.5.7 By Throw Distance
7.5.8 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 Lens
7.6.3 By Technology
7.6.4 By Light Source
7.6.5 By Chip Model
7.6.6 By Brightness
7.6.7 By Throw Distance
7.6.8 By Application
8. Key Player Analysis
8.1 Texas Instruments Inc
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 Qisda Corp
8.3 Coretronic Corp
8.4 Delta Electronics, Inc
8.5 Barco N. V
8.6 BenQ Corp
8.7 Christie Digital Systems, Inc
8.8 NEC Corp
8.9 Acer Inc
8.10 ViewSonic Corp
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
