Monday, October 27, 2014

Global Pico Projectors Market to See 28.88% CAGR Globally by 2018

Big Market Research adds a report titled “Global Pico Projectors Market 2014-2018.” The report states that the global pico projectors market is expected to register a CAGR of 28.88% during the forecast period i.e. 2013-2018.

Projectors are well known optical devices that help in projecting images on a screen or any given surface. A projection screen is widely used to project the various types of images. The early projectors are known for their big sizes and heavy weight. The traditional projectors such as overhead projectors and slide projector were used mainly for slide or image projections. These projector were than replaced by the video projectors which were used to display videos on the projection screen. Lately, the projectors used computers as a source to display images or videos. 

Pico projectors are the new invention in the projection technology. They are also known as handheld projectors. The invention and exponential growth rate of portable devices such as cameras and mobile phones have led various market players’ from different business backgrounds to adapt the technology in the best possible way.  The new technology i.e. pico projectors come in-built with the portable devices. The new projectors are portable and light-weighted, which enable the users to carry it along with them easily. 

As per the report, there has been a substantial decrease in the selling price of the pico projectors, which is considered as the major driving factor of the market. Pico projectors provide low brightness while projecting images, which is the major challenge for the global market to overcome.  The global market have seen an upsurge in the use of laser light sources in many field. Therefore, the use of laser light sources in the pico projectors is one of the major factor expected to fuel the growth of the market.

The report provides the market investors with deep dive knowledge of the various market dynamics of the global pico projector market. The report provides growth prospects and prevailing opportunities for the market in various geographical regions across the globe. In order to provide a competitive landscape of the global market, the report also profiles some of the major players form the global market.

Companies profiled in the report are Texas Instruments, Light Blue Optics, Acer Maradin, Syndiant, Canon Samsung Electronics, Optoma Technology, ASK Proxima Micron Technology, Green Light Optics Toshiba, Lempotix WOWEE Group, AAXA Technologies Luminus Device, BenQ OPUS Microsystem, Microvision, Aiptek International Mezmeriz and 3M.

Key Questions Answered in this Report

• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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