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Education Projector Market in the US to Grow at a CAGR of 11.81% During the Period 2016-2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Education Projector Market in the US 2016 - 2020” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 11/28/2016 -- Report forecast the education projector market in the US to grow at a CAGR of 11.81% during the period 2016-2020.

Despite the country's financial crisis, the education industry has remained resilient and recorded significant milestones by pioneering the invention and implementation of various education technology products. During that period, the US government introduced several government initiatives aimed at modernizing the education system and enhancing the learning environment for students. These initiatives propelled the adoption of online education among students and teachers. It launched the Digital Playbook and No Child Left Behind (NCLB) Act initiative for K-12 educational institutions, which triggered a significant demand for technology-based learning. This led to the procurement of devices such as interactive whiteboards and projectors.

The report covers the present scenario and the growth prospects of the education projector market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of education projectors to the pre-K, K-12, and the higher education segment in the US education market.

According to the report, the customers in the US increasingly prefer products that consume less energy and are environment-friendly. Therefore, vendors are introducing energy-efficient and cost-effective projectors. Since the educational institutions require to use the projectors on a constant basis, vendors are introducing new product variants that are equipped with energy saving features. For instance, BenQ has introduced an education projector that adjusts brightness as per the content displayed on the screen. There are some BenQ projectors that automatically turn off if they are kept running untouched for an extended period of time. BenQ introduced classroom projectors that have a BlueCore light source, which ensures minimal harm to eyes. These projectors also incorporate the SmartEco advanced technology that saves up to 90% in terms of power consumption. Also, Panasonic has introduced a wide range of projectors that use high-efficiency lamp designs.

Further, the report states that digitization of the education system requires educational institutions to ensure they have adequate resources and faculties to support technical devices. Teachers must possess the ability to assist students in grasping and understanding the content through the use of technology.

Education Projector Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the education projector market in the US: BenQ, Hitachi, InFocus, Mimio Boxlight, and Seiko Epson

Other Prominent Vendors in the market are: Acer, Barco, Canon, Casio Computer, Dell, Delta Electronics, NEC, Optoma, Panasonic, Ricoh, SANYO Electric, Sharp, SMART Technologies, Touchjet, Mitsubishi electrical and visual imaging systems, Texas Instruments, Sony electronics, and ViewSonic

Market driver
- Innovations to reduce total ownership cost
- For a full, detailed list, view our report

Market challenge
- Challenges in implementation
- For a full, detailed list, view our report

Market trend
- Emergence of low-cost interactive projectors
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 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?

Spanning over 66 pages and 32 Exhibits "Education Projector Market in the US 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market overview, Market segmentation by product, Market segmentation by end-user, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/education-projector-market-us-2016-2020

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