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Technavio’s market research report predicts that the global portable projection screen market will grow at a CAGR of about 7% during the forecast period. The rising market for pico projectors is one of the primary drivers for market growth. Pico projectors are handheld devices with the ability to project digital data on any surface such as walls, boards, or screens. These devices are also known as pocket projectors due to their small and compact size along with being lightweight and easy to carry. Moreover, the pico projectors can also adjust the brightness depending on the surroundings which is not possible on the tripod type and floor standing type portable projection screens. As a result of these features, there is an increase in the adoption of these projectors among the education, banking, financial services, insurance, automotive, aerospace and defense, and healthcare sectors. This will in turn, accelerate the growth of the portable projection screen market.
With the evolution of technology and the introduction of an extensive range and product categories of projector screens, there will be an increase in the trend of owning advanced portable screens among the end-users. Moreover, there is already a rise in the popularity of home-based portable projection screens among individual users. This will induce more vendors to offer portable projector screens of sizes lower than 30 inches and in different price ranges and build material making them affordable to the individual users, which will subsequently fuel market growth.
Consisting of a large number of vendors, the portable projection screen market is highly competitive. The key players in the mobile projector screen market mainly compete on the basis of performance, innovation, quality, cost, selling price, distribution network, and financial stability. Stiff competition, rapid advancement in technology, and frequent changes in consumer choices and preferences, will be significant risk factors for market players.
Key vendors in the market are:
Other prominent vendors include Vista Outdoor, dnp Denmark, Draper, Displays2go, Excelvan, Glimm Display, Pyle, Quartet, SnapAV, Swastik Telon, and Stretchy Screens.
During 2016, the tripod segment dominated the portable projection screen market and is expected to continue its dominance over the next four years. The requirement for different screen sizes for various customers and the benefits provided by tripods, will drive the segment’s growth in this global market.
In terms of geography, the Americas accounted for the majority of shares of the portable projection screen market during 2016 and is foreseen to continue its market dominance during the forecast period as well. The major contributing factor to the growth of the market is the rising trend of outdoor events such as sports activities, musical concerts, outdoor movie screening, and other occasional or festive events in the Americas.
Technavio also offers customization on reports based on specific client requirement.
From non-dedicated viewing spaces such as outdoor movie screening or music events to making presentations at conferences, portable projection screens have found significance across various industries. With the vendors increasingly focusing on introducing fast-fold and lightweight products, the demand for such products will further increase in the coming years, which, in turn, will intensify the competitive environment among the players in this market space.
With a detailed analysis of the data collected from various sources including industry experts, research journals, and manufacturers, this upcoming market research report on the portable projector market for the forecast period 2017 to 2021, will provide actionable insights that will help clients gain a competitive edge over their competitors. To accurately forecast the market’s growth prospects, Technavio also considers the growth of the similar markets such as projector and projector screen, which will grow at a CAGR of about 10% and more than 16% respectively, during the period 2017 to 2021. Based on the requirements of the clients, Technavio also offers customized reports that will help the local vendors who target niche customers establish their presence in the markets dominated by global players.
This upcoming market research report for the portable projector screen market also identifies the key influencers, the emerging trends, and the challenges faced by the vendors in the consumer and retail industry. Additionally, the report also provides detailed insights on the changing competitive landscape and the strategies followed by the major market players, which will help clients gain a realistic picture of the industry’s competitive landscape.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product type
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Other prominent vendors
PART 14: Appendix
Tags: mobile projector, home entertainment, online retail, retail systems, consumer and retail market size,
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