Pico Projector Market Research Report Includes Size, Capacity, Production, Revenue, Gross Margin, Forecast to 2030

Global Pico Projector Market is valued approximately at USD 2.10 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 15.85% over the forecast period 2019-2026. Pico projector is a small hardware device which is designed to project content from a smartphone, tablet, notebook, camera, or memory device onto a wall or other flat surface. They are an exceptional choice for low energy consumption, mobility and resolution compared to large and bulky projectors. The three main imager technologies used for the Pico projectors including, digital light processing (DLP), liquid crystal on silicon (LCoS), and laser beam steering (LBS). The amalgamation of projection technology with portable electronics products, the surging investment & funding on Internet of Things (IoT), coupled with growing adoption of smart devices are the few factors responsible for high CAGR of the market over the forecast period.

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For instance, Moto Insta-Share projector is entirely intended for Moto Z smartphones, while MobileCinema i60 is a highly consistent compact projector for Apple iPhone 6s and iPhone 6. Also, in 2019, the Asia-pacific will lead the IoT spending in 2019 with around 35.7%, followed by the United States of America with 27.3%. Moreover, rising demand for the consumer electronics along with increase in disposable income of people is the prime factor projected to create lucrative growth opportunities to the market growth in the forecasting years. However, health and safety issues pertaining to the use of laser beams in LBS-based Pico projectors and short battery back-up are the few factor restraining the growth of global Pico Projector market during the forecast period of 2019-2026.

In the statistics by Eurostat, the total value of the ICT sector including manufacturing and services of ICT in Europe, was estimated to be more than EUR 475 billion in the year 2017. Out of these, the ICT services sector accounted for the largest share. Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years. According to the statistics by GSMA Intelligence, total cellular connections worldwide as of May 2020 was recorded to 10,18 billion.

As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017. In this sector, the ICT services account for the major share as it is predicted to be ten times larger than the share held by ICT manufacturing. ICT services consist of computer programming, consultancy and related activities which held about 49.1% share while the telecommunications activities held around 30.3% share in the segment in 2017. These factors are estimated to impact the market growth in a positive manner in the next few years.

The regional analysis of global Pico Projector Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the surging investments on the consumer electronics, along with the robust demand from the healthcare, automotive, and education sector in the region. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period due to easy availability of requisite components, coupled with growing adoption of smart devices, which is expected to boost the growth of the market in the Asia-Pacific region.

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Major market player included in this report are:
Aaxa Technologies, Inc.
Acer, Inc.
Aiptek International, Inc.
Coretronic Corporation
Sony Corporation
Texas Instruments, Inc.
Koninklijke Philips N.V.
LG Electronics Inc.
Samsung Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
USB Pico Projector
Embedded Pico Projector
Media Player Pico Projector
Stand-alone Pico Projector

By Component:
Light Source
MEMS Technology

By End-Use Industry
Consumer Electronics
Defence & Aerospace

By Region:
North America
Asia Pacific
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Pico Projector Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Pico Projector Market, by Product Type, 2017-2026 (USD Billion)
1.2.2. Pico Projector Market, by Component, 2017-2026 (USD Billion)
1.2.3. Pico Projector Market, by End-Use Industry, 2017-2026 (USD Billion)
1.2.4. Pico Projector Market, by Region, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Pico Projector Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Pico Projector Market Dynamics
3.1. Pico Projector Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Pico Projector Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Pico Projector Market, by Product Type
5.1. Market Snapshot
5.2. Global Pico Projector Market by Product Type, Performance – Potential Analysis
5.3. Global Pico Projector Market Estimates & Forecasts by Product Type 2016-2026 (USD Billion)
5.4. Pico Projector Market, Sub Segment Analysis
5.4.1. USB Pico Projector
5.4.2. Embedded Pico Projector
5.4.3. Media Player Pico Projector
5.4.4. Stand-alone Pico Projector
5.4.5. Others
Chapter 6. Global Pico Projector Market, by Component
6.1. Market Snapshot
6.2. Global Pico Projector Market by Component, Performance – Potential Analysis
6.3. Global Pico Projector Market Estimates & Forecasts by Component, 2016-2026 (USD Billion)
6.4. Pico Projector Market, Sub Segment Analysis
6.4.1. Light Source
6.4.2. Optics

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