“The pico projector technology is developing at a very high pace especially in the consumer electronics market. Apart from stand-alone, pico projectors are also available in embedded form in electronic devices. Embedded pico projectors are cost-sensitive and consume less 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 in gaming systems. Many technologies are collectively employed for the proper functioning of pico projectors. In consumer electronics, pico projectors are used in a wide range of products for the purpose of projecting large displays from the devices. Similarly in the healthcare sector, pico projectors are being used for the purpose of handling patients and other related medical data. This has leads to the usage of pico projectors in various applications.
The market is currently witnessing a rapid growth in all its verticals. The pico projector market is driven by the integration of pico projector in mobile phones and tablets. Another major driving factor is the introduction of pico projector in wearable electronics and the development of HD pico projector and head-up display. The pico projector market has increased its global footprint. The major market for pico projectors is in the APAC region with a market share of 33.96% in 2014; expected to grow at a high CAGR of 45.06% between 2014 and 2020. The other segments such as the Americas, Europe, and ROW follow APAC in terms of the Pico projector market.
This report focuses on providing an in-depth analysis of the complete pico projector market, along with detailed market segmentations combined with a qualitative analysis of each and every aspect of the classifications. The pico projectors market has been divided into four major verticals by product type, technology, specification, components, application, and geography. The product vertical is sub-divided into USB, embedded, media player, and stand-alone. The application vertical has been further sub-divided into aerospace & defense, automotive, business & education, consumer electronics, healthcare, industrial, and retail. The geography has been sub-divided into Americas, Europe, APAC, and ROW. The business & education and consumer electronics application has the largest market share of 47.16% in 2014 collectively, with regards to the pico projector market.
A competitive landscape of the major players in the Pico projector ecosystem has also been illustrated. The major players in this field include Aaxa Technologies Inc. (U.S.), Acer Inc. (Taiwan), AIPTEK International, Inc. (Taiwan), Coretronic Corporation (Taiwan), Lemoptix SA (Switzerland), MicroVision, Inc. (U.S.), Sony Corporation (Japan), STMicroelectronics N.V. (Switzerland), Syndiant Inc. (U.S.), and Texas Instruments Inc. (U.S.).
â¢ The total market size in terms of value for the pico projector market is expected to grow at an estimated CAGR of 39.82% between 2014 and 2020
â¢ This report includes the market statistics pertaining to product type, technology, specification, component, application, and regions along with, their respective revenue
â¢ Porterâs Five Forces framework has been utilized along with, the value chain analysis to provide an in-depth insight regarding the pico projector market
â¢ Major market drivers, restraints, and opportunities for the pico projector market have been detailed in this report
â¢ Illustrative segmentation, analysis, and forecast of the major product type, technology, specification, component, application, and regions has been done to give an overall view of the pico projector market
â¢ A detailed competitive landscape which includes the major players, key developments, and the revenue of the individual companies
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