Global Advanced Cinema Projector Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Advanced Cinema Projector Market” report offered by Trusted Business Insights, has been segmented on the basis of technology, resolution, brightness, application, and region. The report provides insights on the various drivers, restraints, opportunities and ongoing trends in the target market and their effects on revenue growth of the global market. Besides table and figure presentation of revenues from segments in the regions, the report offers supporting information and data to justify the findings, study, and analysis. Revenues for major countries is also presented in each country’s respective region. In addition, the report contains company detailed profiles of the top 10 key players in the target market.

Request Covid - 19 Impact


Overview

An advanced cinema projector is a device that projects an image on a large surface such as a wall or white screen. These projectors can be used as substitutes to television sets or monitors when viewing or screening images or videos to a large audience. Advanced cinema projectors deliver high quality pictures using 3D technology that handles multiple 3D formats and can convert 2D pictures into 3D pictures.  Advanced cinema projectors are used in cinema halls, auditoriums, and also at homes. Projectors can be mounted on ceilings or they can be portable and freestanding. Advanced cinema projectors have high resolution and brightness, which enables clear-quality pictures.

Dynamics

Growing disposable income coupled with increasing interest in the entertainment sector among individual is among some of the primary factors expected to drive global advanced cinema projector market growth. Advanced cinema projectors allow easy installation, portability, eye comfort, and also high-quality image projectors offering a 4K immersive viewing experience with attractive colors, high brightness, and wide details.

Among other major factors projected to hamper global market growth is high initial cost and maintenance of digital projectors associated with advanced cinema projectors.

A growing trend observed is rising preference for new and more advanced entertainment-related equipment and devices such as larger screen TVs, projectors, gaming consoles, and sound systems. In addition, increasing preference for high resolution screens and projectors is projected to create significant opportunities for manufacturers in the near future. In addition, advancements in technology is expected to continue to result in new and more efficient products, which again results in more opportunities presenting themselves for players in the target market.

Segment Analysis

By Technology:

Among the technology segments, the Digital Light Processing (DLP) type segment is projected to register the highest revenue share and growth in the global advanced cinema projector market during the forecast period.

This growth is mainly attributed to increasing need for high resolutions projectors in the advanced projector category, including less than 2k, 4K, and 8K for high clarity image generation. Among the resolution segments, the 4K segment is projected to account for major revenue share and expected to hold its dominance over the forecast period.

By Brightness:

Among the brightness segments, the above 10,000 lumens segment is expected to account for highest revenue share over the forecast period.

By Application:

Among the application segments, the commercial segment is expected to account for highest revenue share, and is projected to register a significant growth rate throughout.

Region Analysis

Asia Pacific advanced cinema projector market is projected to account largest revenue share. Growing focus toward entertainment and technological advancements in cinema projectors in the Asia Pacific market is projected to drive growth of the advanced cinema projector market in the region over the long term. This projected growth is primarily driven by sales in countries such as China and India.

Global Advanced Cinema Projector Market Segmentation:

Segmentation by Technology:

Digital Light Processing (DLP)
Liquid Crystal Display (LCD)
Light Emitting Diode (LED)

Segmentation by Resolution:

Less than 2K
4K
8K

Segmentation by Brightness:

Less than 4,999 Lumens
5,000–10,000 Lumens
Above 10,000 Lumens

Segmentation by Application:

Commercial
Residential