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According to Fortune Business Insights, the duration of the global 3D projector market is expected to reach $6. 85 billion by 2030, growing at a CAGR of 7. 3% in the forecasted period of 2023-2030.
3D Projector Market
Pune, India, Nov. 20, 2023 (GLOBE NEWSWIRE) — The global 3D projector market size is valued at $3. 97 billion in 2022 and is expected to reach $6. 85 billion by 2030, at a CAGR of 7Array3% during the forecast period. Array Fortune Business Insights presents this data in its report titled “Global 3D Projector Market Forecast, 2023-2030”.
Specialized generation is implemented on a 3D projector to create a three-dimensional symbol on a two-dimensional surface. The expansion of the market can be attributed to the increasing adoption of the product in other industries due to its convincing simulations and optical deceptions. of dummy depth and availability of retrofitted older 3D and HD projectors.
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Key Industry Development:
March 2022: Epson announces the launch of two home theater projectors, Epson Home Cinema LS11000 and Epson Pro Cinema LS12000. Both projectors have the same features to the maximum and the LS11000 is lately the top product in the Home Cinema range.
Key takeaways
The North American 3D projector market size was $1. 49 billion in 2022
DLP projector support for high-definition media to drive segment growth
Significant use of the Full HD solution through players to drive expansion in the HD and Full HD segments
The Growing Demand for 3D Content to Drive the Growth of the Cinema Segment
Learn the key in the report:
“The leading corporations in the 3D projector market are Seiko Epson Corporation (Japan), Barco (Belgium), Panasonic (Japan), JVC (Japan), ViewSonic Corporation (USA), Optoma (Taiwan), Sharp NEC Display Solutions (Japan), BenQ (Taiwan), Sony (Japan), Vivitek Corporation (Taiwan)”
Report Scope and Segmentation
Report Coverage
Details
Forecast Period
2023 to 2030
CAGR Forecast Period 2023 to 2030
7,3%
2030 Value Projection
$6. 85 billion
Base year
2022
3D Projector Market Size in 2022
$3. 97 billion
historical knowledge for
2019 to 2021
Number of pages
150
Segments Covered
Type, resolution, application and geography
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Drivers & Restrictions:
Increasing use of LED displays for immersive 3D experience will drive market growth
The expansion of the 3D projector market is driven by an increasing use of LED screens for an immersive 3D experience. Currently, in the virtual signage industry, immersive LED presentations are an emerging progression. In addition, LED demo screens provide the public and suppliers with greater flexibility and visual quality than classic LEDs.
Despite these expansion opportunities, the high value of the product, compared to classic projectors, could hinder the expansion of the market.
Segmentation
By Type
DLP
Lcd
LCoS
By Resolution
XGA
HD and Full HD
4K
By Application
Cinema
Games
Events & Large Venues
Education
Home Theater
Others (businesses, museums, etc. )
By Region
North America
Europe
Asia Pacific
Middle East & Africa
South america
Regional Summaries:
North America will dominate due to the growing call for 3D content
The North American 3D projector market is expected to account for the largest percentage during the forecast period. The demand for 3D content in the education and entertainment sectors is expanding in the region. This is driving regional growth.
The Asia Pacific 3D projector market is expected to grow at the highest CAGR of the forecasted period. Growing technological inventions in the audio, video, and education sectors are driving regional growth.
Quick Buy – 3-D Projectors Market Research Report:
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Competitive Landscape:
Leading players in product inventions to expand their product portfolio.
Leading corporations are implementing new technologies with 3D projectors in other applications, adding giant occasions and venues, museums, cinema, education and others. Many of those players are also focusing on innovating new products to maximize their profits while expanding their product portfolio.
Frequently Asked Questions
How is the 3D projector market doing?
The 3D projector market will reach $3. 97 billion in 2022 and is expected to reach $6. 85 billion by 2030.
How fast is the 3D projector market growing?
The 3D projector market will exhibit a CAGR of 7. 3% during the forecasted period, 2023-2030.
About us:
Fortune Business Insights™ provides qualified business analytics and accurate data, helping organizations of all sizes make timely decisions. We tailor state-of-the-art responses to our clients, helping them meet the demanding situations expressed for their businesses. Our purpose is to provide our clients with comprehensive market information, providing them with a detailed review of the market in which they operate.
Contact us:
Fortune Business Insights™ Pvt. Ltd. Limited.
United States: 1-424-253-0390
United Kingdom: 44,2071 939123
Asia Pacific: 744 740 1245
Email: sales@fortunebusinessinsights. com
Attached
3D Projector Market