Dallas, TX -- (SBWIRE) -- 04/01/2014 -- According to a new market research report “Pico Projector Market by Technology (DLP, LCOS, LBS), Type (USB, Standalone, Media Player, Embedded), Product Model, Brightness, Application (Aerospace & Defense, Automotive, Business & Education, Consumer, Healthcare) & Geography Forecasts & Analysis (2013–2020)”, the total market is expected to generate revenue of $10.09 billion by 2020 growing at an estimated CAGR of 41.01% from 2012-2020.
The Pico projectors are small projector even smaller than a mobile phone; these projectors can be integrated inside phones, camcorders or digital cameras. Pico-projectors show large displays, offer low brightness and resolution when compared to larger projects, and the market is expected to grow quickly in the future. Several companies are producing the Pico projectors using the major technologies like Digital light processing (DLP), Liquid Crystal on Silicon (LCoS) and Laser-Beam-Steering (LBS).
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The emergence of laser light sources with high performance and low costs will revolutionize the Pico projector market in future.These have a higher demand for embedded projectors as they can be used through Smartphones, camcorders, laptops, digital camera and so on.Nevertheless, embedded projectors are expected to fuel overall market growth in the future.
The Pico projectors are tiny and very light, it would be easy to carry along with them and use it for an on-spot presentation or demonstration. It could be also used in applications like automotive, aerospace and defence, business and education, healthcare, consumer electronics and so on. Some of the Pico projectors can be integrated in to a mobile phone and could directly project the images. In certain Pico projector models, there is an internal memory that can be used to store images and project them for viewing on a screen. The SyndiantInc (U.S.) and Optoma Technology Inc are the key players in Pico projector manufacturing.
The business and education segment is witnessing high demand of Pico projectors. They are very important for business people who are involved in frequent travels for business purposes and needs to make or give presentations to small groups of people anytime and anywhere. It can be considered as a smart move that yields big results. In relatively low cost there can be any presentations in a colorful and understandable way. For education purpose, Pico projectors with its display in the classroom can increase the impact of lessons in subjects like math, science, history and English.The complex lessons of classrooms can be made more interesting and built easy communication between teacher and student.
Browse 86 market data tables and 74 figures spread through 316 pages and in-depth TOC on “Pico Projector Market"
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Pico projectors are tiny projectors which are basically battery operated and fit into the user’s pocket. These can be easily connected or embedded in handy devices like mobile phone, digital cameras, camcorders, digital photo frames, laptops, mobile TV, portable media players, and portable gaming devices. In current scenario, the Americas are the leader in the Pico projector market. The North American market is dominated by the U.S., Canada and Mexico wherein the U.S. constitutes 67% of the total Pico projector market. The Asia Pacific is expected to be the game changer for the Pico projector market because the electronics devices embedded with Pico projectors is expected to capture the market in the next 3 years and APAC is the leader in providing electronic devices.
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