Published on : Apr 23, 2018
ALBANY, New York, Apr 18, 2018: ResearchMoz.us has recently added a new report to its database. The report is titled “Global Projection Mapping Equipment Market - By Type (Projectors, Switchers, Others), Rental Market (Type, Event) - Opportunities and Forecast (2018 Edition): Forecast to 2022.” One of the main factors driving the growth of this market is the rising adoption of liquid crystal on silicon (LCoS) technology on account of its high resolution. liquid crystal on silicon technology also offers black level effect and a high refresh rate. All these factors are anticipated to boost the demand for LCoS projectors. The adoption of pico projectors and handheld projectors is also increasing.
Also, the dual combination of DLP technology and liquid crystal will give the LCos projectors a high image resolution and better picture quality in compact size, making them highly desirable. All these factors are anticipated to boost the growth of the global projection mapping equipment market. it is anticipated that the global projection equipment mapping market will expand at a whopping CAGR of 17.33 % during the forecast period from 2017 to 2022.
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In terms of geography, this market is segmented into Asia Pacific, Europe, North America, and the Rest of the World. Among all these regions, the most attractive market for projection equipment mapping is Asia Pacific. The high growth of digitization in the educational sector is behind the growth of the global projection mapping market in this region. The growing income of the middle class population and also rapid urbanization in the emerging economies of Asia Pacific is supporting the growth of projection equipment mapping in the region.
There are several players in the global projection equipment mapping market, making the vendor landscape a fragmented one. Market players are competing with each other by launching newer and innovative products from time to time. The high demand from corporate and educational sectors will make this market an attractive one for new entrants. Players are also competing with each other in terms of technology. The extensive investments in research and development is paying off and the market is benefitting tremendously.
The report profiles prominent players operating within the global projection equipment mapping market for the purpose of study. It takes into account several important aspects of these companies such as their business and financial overview as well as their recent developments. The approaches used by the companies who are leading to tackle the various challenges they come across are also revealed in the report. HITACHI Digital Media Group, JVC, 3M, ACER, AIPTEK International, BenQ, AAXA Technologies, Epson, Light Blue Optics, LG Electronics, Canon, Samsung Electronics, Toshiba, and WowWee Group, Sony are names of some of the prominent players in the market.
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