Projection Mapping Equipment Market Size shall reach a value of $xx Million in 2028, growing with a CAGR of 9.1% during the forecast period of 2021 to 2028.
Projection Mapping Equipment Market Growth and Trends
The global projection mapping equipment market held a market value of US$ 1.06 billion in 2017 and is expected to grow at a CAGR of 21.10% to a projected market value of US$ 3.56 billion by 2023.
The increasing urbanization and emerging economies are cultivating major sectors such as media, corporate, and sports that propel the need for projectors. The media sector is the largest contributor to the growth of the projection mapping equipment. The increasing level of disposable income has positively impacted the need for leisure activities. The entertainment sector has flourished in the past decades and is expected to be one of the major drivers of the projection mapping market. The increasing number of events and festivals around the world has fuelled the growth of the projection market.
The rising globalization has positively influenced the growth of the tourism sector. The need to allure tourists by producing creative visual shows and to increase audience engagement has increased the sales of projectors. The increasing awareness and knowledge about the advantages of using projectors and projection mapping technology are boosting the sales of the projectors.
The rise in advanced technologies such as AR and VR has bolstered the growth of the projection mapping market. The growing demand for 3D and 4D technology by viewers has increased the need for projectors. The increase in the number of highly invested corporate and sports events have raised the demand and sales of the projectors. The high revenue-generating product launch occasions are increasingly using the projection mapping technology.
The increasing number of theme and amusement parks around the world has fueled the need for the projection technology. The need for large venue projection mapping has boosted the sales of the projectors on a large scale. Various museums are using 3D projections to provide engaging visual effects to the customers. The increasing number of seminars and presentations requiring the need for projectors to present the findings to a larger audience is significantly increasing the sales of the projectors.
The constant advances in the projection technology rendered by the R&D sector are increasing the demand for the projection mapping equipment. The increasing marketing strategies deployed by the top market players to improve the market horizon have fueled the market growth upwards.
Projection Mapping Equipment Industry Regional Analysis
Projection Mapping Equipment Market Research Report Scope/Definition
Projection Mapping Equipment Market Share and Competition Key companies operating in this industry are: Sony Electronics, Epson, Panasonic, Barco, Ross Video, Grass Valley, Christie Digital Systems, BenQ
Projection Mapping Equipment Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Offering Analysis (Revenue, USD Million, 2021 - 2028)
Hardware
• Projector
1. DLP
2. LCD
• Media Server
1. Mapping Softwarev
Throw Distance Analysis (Revenue, USD Million, 2021 - 2028)
• Short Throw
• Standard Throw
Dimension Analysis (Revenue, USD Million, 2021 - 2028)
• 2-Dimension
• 3-Dimension
• 4-Dimention
Application Analysis(Revenue, USD Million, 2021 - 2028)
• Events
• Festival
• Large Venue
• Retail/ Entertainment
• Others (simulations, auditoriums, and universities)
Region Analysis (Revenue, USD Million, 2021 - 2028)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Projection Mapping Equipment Industry Companies
• Sony Electronics,
• Epson,
• Panasonic,
• Barco,
• Ross Video,
• Grass Valley,
• Christie Digital Systems,
• BenQ
Available Versions of Projection Mapping Equipment Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report
