The Pico Projectors Market primarily handles the development, manufacture and distribution of various models of the pico projector which utilize cutting-edge pico projector technology. A pico projector displays pictures through a handheld device.
Over the last few years, the Pico Projectors Market has identified a rising requirement for smartphones, cameras, etc., in order to conserve and carry around various presentation projects. But none of them have an attached display screen through which a presentation can be experienced. This is where the Pico Projectors Market stepped in to encourage various pico projector manufacturers to develop a very small projector, which contains hardware as well as software, which has the ability to superimpose images on a closely located flat surface.
Scope & Regional Forecast of the Pico Projectors Market
The Pico Projectors Market has rapidly created some space for growth by producing pico laser projectors and miniaturized personal projectors for the purpose of content sharing. They also enjoy the benefit of being portable in nature without compromising on attributes like resolution or brightness.
The Pico Projectors Market considers a few factors to be the primary growth drivers: integration of the pico projector in smartphones, cameras and laptops; falling price of pico projector technology; and diversification of mobile projector applications.
Another development which makes the Pico Projectors Market view the future with a positive outlook is the rapidly growing adoption of digital light processing technology in the latest pico projector models. DLP is currently being used by conventional cinema projectors, which only serves to improve the results witnessed in mobile projectors.
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Demand originating from Americas, primarily due to the presence of US, is currently dominating the Pico Projectors Market owing to eager enterprise adoption of the latest technology and the presence of several key end user industries. But pico projector manufacturers expect Asia-Pacific, with its growing disposable income and huge manufacturing base, to grow significantly during the forecast period.
Segmentations & Key Players Involved in the Pico Projectors Market
According to IndustryARC findings, the Pico Projectors Market can be broken down into various segmentations on the basis of –
- Technology: Digital Light Processing (DLP), Liquid Crystal on Silicon (LCoS), Laser Beam Steering (LBS) and Others.
- Type: Stand Alone Projector, USB Projector, Embedded Projector and Others.
- Specification: Projector Size, Resolution, Brightness, Image Size, Display Technology, Audio, Focus Free Operation, Battery Capacity, Connectivity and Others.
- End User Industry: Entertainment, Commercial, Hospitality, Healthcare, Advertising, Defense, Automotive and Others.
- Geographical Location: Americas, Europe, Asia-Pacific and RoW (Rest of the World).
Some of the key players involved in the Pico Projectors Market according to IndustryARC are as follows:
- Samsung Electronics Co., Ltd.
- Light Blue Optics, Ltd.
- LG Electronics, Inc.
- ASUSTek Computer Inc.
- GreenLight Optics LLC
- AIPTEK International GmbH
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