Global Embedded Pico Projector Market Worth $3,264.6 million by 2018
The global embedded pico projector market is estimated to grow from $166.5 million in 2013 to $3,264.6 million by 2018, at a CAGR of 81.3% from 2013 to 2018.
Key players in the Pico projector in Embedded Market are 3M Company, Optoma Technology, Inc., Sydiant inc and Coretronic Corporation & others.
Browse through the TOC of the Pico projector in Embedded Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
Pico Projector is a technology that applies the use of an image projector in a handheld device. Small projector modules that are integrated inside a camera, laptop, PDA, tablet, and phone are known as embedded Pico projectors. These miniature projectors enable the user to display images and videos from the portable devices onto walls and other surfaces and remove the constraints of cramped displays. Embedded pico projectors offer significantly lower power consumption even while creating an image that is larger than the internal display. The enlarged display size and extended battery life are the key factors driving the demand for the embedded pico projector market.
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The biggest application of embedded pico projectors is found in smartphones; the significant growth in the market for smartphones, globally, is expected to drive the growth of the embedded pico projector market in the coming years. The increase in smartphone sales worldwide can be mainly attributed to the technological advancements occurring in major regions such as North America, Europe, and Asia-Pacific. Some of the major players participating in the global embedded pico projector market include Mezmeriz Inc. (U.S.), Soraa (U.S.), Osram GmbH (Germany), Microvision Inc. (U.S.), Syndiant Inc. (U.S.), and Texas Instruments Inc. (U.S.), among others.
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The global embedded pico projector market is segmented on the basis of type, end-user, product, and geography. On the basis of type, the pico projector market is divided into 0-50 lumen; 50-100 lumen; and 100 lumen & above. The end-user market segment includes aerospace, automotive, business & education, consumer electronics, industrial manufacturing, medical, and retail. The major regions considered for this extensive and technical market analysis include North America, Latin America, Europe, and Asia-Pacific.
Europe Pico Projector Market
Pico projectors are portable, and can easily fit into a person’s pocket. The major advances in imaging technology have resulted in the development of pico projectors. They 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 smartphones, laptops, notebooks, tablets, cameras, and Personal Digital Assistants (PDAs).The European pico projector market was valued $342.8 million in 2014, and expected to grow at a CAGR of 37.0% from 2014 to 2019.
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