Advanced Cinema Projector Market - Snapshot
An advanced cinema projector is a device that projects an image onto a large surface such as a white screen or wall. It can be used as an alternative to a monitor or television set when showing videos or images to a large audience. Advanced cinema projectors are high-definition and high-quality image projectors that offer an immersive 4K viewing experience with high brightness, attractive colors, and extensive details. Unlike the traditional projectors, advanced cinema projectors are used in auditoriums, cinema halls, and even at homes. These projectors can be mounted on ceilings or they can be freestanding and portable. The global advanced cinema projector market is anticipated to reach value of US$ 174.8 Mn by 2026 from US$ 91.4 Mn in 2017, expanding at a CAGR of 7.5% during the forecast period.
The global advanced cinema projector market has been broadly segmented based on technology, resolution, brightness, application, and region. Based on technology, the market has been divided into digital light processing (DLP), liquid crystal display (LCD), and light emitting diode (LED). Based on resolution, the market has been classified into less than 2K, 4K, and 8K. Furthermore, in terms of brightness, the market has been segmented into less than 4999 lumens, 5,000–10,000 lumens, and above 10,000 lumens. In terms of application, the market has been divided into commercial and residential. In terms of region, the global advanced cinema projector market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The DLP technology segment holds a major share of the global advanced cinema projector market and it is expected to continue its dominance during the forecast period also. Increasing disposable income is anticipated to drive the global cinema projector market. However, the market faces challenges led by high costs of maintenance associated with advanced cinema projectors. Lamps used in these projectors need to be changed periodically. However, the increasing demand for larger screen size and high resolution is expected to provide significant opportunities to the advanced cinema projector market in the near future.
Considering rapid growth of the market, several players are investing in the advanced cinema projector market. In January 2019, Canon Inc. launched LX-MH502Z, a single-chip DLP laser projector. This product is incorporated with four-way pixel shift technology with 4K ultra-high-definition 3840 x 2160 resolution.
Some of the prominent players operating in the global advanced cinema projector market and profiled in the study are BenQ Group, Barco NV, Sony Corporation, Seiko Epson Corporation, Canon Inc., Delta Electronics, Inc., LG Electronics, Christie Digital Systems USA, Inc., Panasonic Corporation, and Hitachi Digital Media Groups.
Advanced Cinema Projector Market: Overview
This comprehensive report by Transparency Market Research analyzes and forecasts the advanced cinema projector market at the global and regional levels. The report provides analysis of the market for the period from 2016 to 2026, wherein 2017 is the base year and 2018–2026 is the forecast period. An in-depth and unbiased market assessment has been made to provide readers with comprehensive and accurate analysis. The report emphasizes all major trends anticipated to be witnessed in the advanced cinema projector market from 2018 to 2026. It also focuses on market drivers, restraining factors, and opportunities for the global advanced cinema projector market. The study provides a complete perspective on growth of the advanced cinema projector market, in terms of value (US$ Mn) and volume (units), across various geographies including North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The report includes detailed value chain analysis, which provides an extensive view of the global advanced cinema projector market. Porter’s five forces analysis has also been included to help understand the competition scenario of the market. The study incorporates market attractiveness analysis, wherein technology, resolution, brightness, and application segments have been benchmarked based on their market size, growth rate, and attractiveness. The report also includes attractiveness analysis of the market in every region in order to help understand the competition scenario of the market.
The market overview chapter of the report explains market trends and dynamics that include drivers, restraining factors, and the current and future opportunities for the global advanced cinema projector market. Market outlook analysis has also been provided in the report. Additionally, the report provides analysis of different business strategies adopted by leading players operating in the global advanced cinema projector market. The market introduction chapter helps in getting an idea of different trends prevalent in the global advanced cinema projector market.
Global Advanced Cinema Projector Market: Scope of Report
The advanced cinema projector market in North America has been divided into the U.S., Canada, and Rest of North America. Furthermore, the market in Europe has been segmented into Germany, the U.K., France, and Rest of Europe. The market in Asia Pacific has been classified into China, India, Japan, Australia, and Rest of Asia Pacific. Middle East & Africa comprises GCC, South Africa, and Rest of Middle East & Africa. Similarly, South America includes Brazil and Rest of South America. The report provides all strategic information required to understand the global advanced cinema projector market along with insights into the market segments mentioned above.
Global Advanced Cinema Projector Market: Research Methodology
The research methodology is a perfect combination of primary research and secondary research. Secondary research sources include annual reports, company websites, SEC filings, investor presentations, national government documents, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, World Bank database, and market-specific white papers. Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews of the advanced cinema projector market across geographies. Primary interviews are usually conducted on an ongoing basis with market experts and participants in order to obtain the latest market insights and validate the existing data and analysis. Primary interviews offer new information on important factors such as market trends, market size, competition landscape, and growth trends. These factors help validate and strengthen secondary research findings. Moreover, the data collected from secondary and primary research is discussed and examined by TMR’s expert panel.
Global Advanced Cinema Projector Market: Competition Dynamics
The research study includes profiles of leading companies operating in the global advanced cinema projector market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Parameters such as investments and R&D activities by major players have been tracked. Some of the key players operating in the global advanced cinema projector market are BenQ Group, Barco NV, Sony Corporation, Seiko Epson Corporation, Canon Inc., Delta Electronics, Inc., LG Electronics, Christie Digital Systems USA, Inc., Panasonic Corporation, and Hitachi Digital Media Groups.
The global advanced cinema projector market has been segmented as follows:
Global Advanced Cinema Projector Market, by Resolution
- Less than 2K
Global Advanced Cinema Projector Market, by Brightness
- Less than 4,999 Lumens
- 5,000–10,000 Lumens
- Above 10,000 Lumens
Global Advanced Cinema Projector Market, by Application
Global Advanced Cinema Projector Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America