Latest News- Projector Screen Market: Professional is expected to lead the Application segment during 2025-2029

The Projector Screen Market is being driven by Product innovation and advances leading to portfolio extension and product premiumization

The Projector Screen Market is expected to grow at a CAGR of 11.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 5471.1 million. The projector screen market is experiencing organic growth, driven by the introduction of innovative new products from leading vendors. Dnp Denmark, a key player in this industry, has recently launched two new projector screens. The new dnp Supernova XL screen offers improved installation capabilities, with a 20% reduction in installation time and a 25% decrease in weight. This results in less strain on walls and easier handling for installers. Additionally, Dnp Denmark has introduced the 80 dnp Clear Sign optical projector screens, designed for advertising and digital signage applications. These new product offerings underscore the company's commitment to advancing projector screen technology and meeting the evolving needs of businesses. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Professional
  • Personal
• Type
  • Wall and ceiling
  • Ceiling recessed
  • Floor rising
  • Portable
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • North America
    • Canada
    • US
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Product innovation and advances leading to portfolio extension and product premiumization
• Rise in discretionary income of consumers
• Growing adoption of ambient light rejecting (ALR) screens

However, the market also witnesses some limitations, which are as follows:

• Intense competition leads to price wars and reduces profit margins
• Long product lifecycle
• Growing adoption of pico and mobile projectors

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Market Scope in Projector Screen Market Research Report

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Research Analysis Overview

The Projector Screen Market encompasses various applications, including movie theaters, seminars, workshops, and outdoor movie screenings. Projected images, whether from film projectors, digital projectors, overhead projectors, or slide projectors, are displayed on front projection screens for audiences in meeting rooms, hotels, and corporate settings. Entertainment events such as shows and movies on large screens are popular for temporary purposes, including outdoor events at movie theaters, rooftop restaurants, and start-ups. Digital projectors have replaced traditional overhead and film projectors for their convenience and versatility, providing on-the-go solutions for both small and large screens.

Market Research Overview

The global electronic equipment and instruments market, a significant segment of the larger electronics industry, encompasses manufacturers of projectors, including digital, movie, overhead, and slide projectors. This market's size is determined by the revenue generated from sales of associated ICT and electronics products, such as projector screens for movie theaters, outdoor movie screenings, seminars, and workshops, as well as components and equipment for these devices. Market expansion will be propelled by the escalating demand for electronic test and measurement equipment, fueled by technological advancements and digital transformation in sectors like semiconductors, automotive, IT, consumer electronics, industrial, energy, and medical devices.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/