Projector Screen Market Size to Grow by $ 3.78 bn through 2021-2025
The projector screen market is expected to grow by $ 3.78 bn, accelerating at a CAGR of almost 2% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
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Projector Screen Market: Segmentation by Type
This report provides a detailed analysis of the market by Type (Wall and ceiling, Ceiling recessed, Floor rising, Portable, and Others), Price ($100-$399 and Below $100), Application (Professional and Personal), and Geography (APAC, North America, Europe, South America, and MEA). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.
Projector Screen Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ACCO Brands Corp., Barco NV, Custom Display Solutions Inc., Elite Screens Inc., Groupe Adeo, Legrand SA, Pioneer Audio Visual Equipment, Pyle Audio Inc., Seiko Epson Corp., and Severtson Screens are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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The Global Projector Screen Market has the potential to grow by $ 3.78 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of over 2%.
This projector screen market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by Type (Wall and ceiling, Ceiling recessed, Floor rising, Portable, and Others), Price ($100-$399 and Below $100), Application (Professional and Personal), and Geography (APAC, North America, Europe, South America, and MEA). The projector screen market report also offers information on several market vendors, including ACCO Brands Corp., Barco NV, Custom Display Solutions Inc., Elite Screens Inc., Groupe Adeo, Legrand SA, Pioneer Audio Visual Equipment, Pyle Audio Inc., Seiko Epson Corp., and Severtson Screens among others.
Projector Screen Market: Receive FREE sample report
The Information Technology sector is expected to have MIXED impact due to the spread of COVID-19 virus. Even if the spread of the virus is contained, we expect that it may take more than two quarters (six months) to reach a normal state of economic activity.
Projector Screen Market Growth Drivers & Trends
The easy portability of projector screens will drive the growth prospects of the projector screen market. Projectors can be used with fixed or portable screens and are highly used by corporate firms for presentations as well as by individuals as home theater projectors. As these portable projector screens are available in different sizes starting from 15 inches to 220 inches and are sold at different prices, they are affordable for price-conscious customers as well, which will further fuel the sales of projector screens in the coming years.
Projector screens are gaining traction in most of the sectors, including non-traditional sectors, such as sports screening, military, education, and healthcare. The growing popularity of FIFA, cricket matches, and Olympics is fueling the adoption of projector screens by business customers in stadiums, as well as by individual customers for their home theaters. There is growing adoption of projector screens in nontraditional sectors, which is one of the key projector screens market trends, due to the growing number of educational institutions and corporate firms, which will contribute to the increasing adoption of projector screens.
Projector Screen Market: Report Highlights:
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
