Dallas, TX -- (SBWIRE) -- 02/03/2014 -- 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
Browse 86 market data tables and 74 figures spread through 316 pages and in-depth TOC on “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)"
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The Pico projectors are an emerging technology set to revolutionize the global projector market by making projectors portable enough to fit into a person’s pocket. Pico projectors 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 mobile phones, cameras, laptops, and PDAs. The Pico projectors are portable and handy and therefore can be carried easily everywhere.
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This report presents the future of the global market and industry from both technical and market-oriented perspectives with techno-market oriented roadmaps till 2020. This report describes the market trends, drivers, restraints and opportunities of the the Pico Projector Market and forecasts the market to 2020, based on products, product models, technology,components, brightness, application and geography.The report presents a detailed analysis of product market such as USB pico projector, embedded pico projector, media player pico projector and stand-alone pico projector and forecast the growth for each one of them. In geography the report covers geographies like the Americas, Europe, Asia-Pacific, and ROW (Rest of the World). In 2012, Americas were the largest geography in terms of market revenue for the Pico projector market. APAC, Europe and ROW are also a promising market, along with China, India, Germany and the Middle East are providing impetus to the growth.
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.
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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.
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.
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