3D PROJECTOR MARKET TO REACH USD 5.76 BILLION BY 2028

Market Overview:

Global 3D Projector Market was valued at USD 3.91 billion in 2021 and is expected to reach USD 5.76 billion by the year 2028, at a CAGR of 5.7%

A 3D projector is used to map three-dimensional data onto a two-dimensional surface, such as a screen or a wall. Images from a 3D projection, as opposed to those from a standard projector, allow the spectator to sense depth. This sense of depth allows the audience to experience a simulation of the real-time experience. In recent years, 3D movies have gained popularity. With this growth has come an increase in the need for 3D-compatible technology. OEMs have taken notice of this market and increased their supply of 3D-ready and Full 3D projectors. The 3D projector category includes anything from old educational 3D projectors with low resolution and low prices to current 1080p home projectors with prices ranging from $1500 to over $7000. Due to the increased options, the price of 3D projectors has dropped since 2011, and projectors such as the Panasonic PT-AE7000U and the Epson Home Cinema 3100 now provide pristine performance at reasonable rates. With the decreasing price of 3D projectors, the demand is expected to increase thereby, supporting the development of the 3D projectors market over the forecasted timeframe.

Major Key Players for 3D Projector Market

• Optoma Corporation
• Panasonic Corporation
• Sony Corporation
• Barco
• NEC Display Solutions
• Hitachi Digital Media Group
• Acer Inc.
• Seiko Epson Corporation
• ViewSonic Corporation
• Delta Electronics, Inc.
• Epson
• Hitachi Digital Media Group
• Acer Inc
• Benq (Qisda Corporation)
• Other Major Players

Market Dynamics and Factors

3D projectors are becoming increasingly popular in educational institutions such as schools, colleges, training rooms, lecture halls, webinars, and so on. They are nothing like the traditional projectors that have been in use for decades. 3D projectors are a type of advanced multimedia projector that allows the presenter to interact with the projected visuals by using a finger or a stylus. The interactive projector or 3D projector displays visually appealing pictures on the screen, making studying more engaging. Students can acquire more information and retain it for longer periods with the help of interactive content. Students can create presentations at home and display them in the classroom using an interactive projector. Every student can thus become an active participant in the learning process. When students collaborate in a classroom, they are more likely to stay interested for an extended period. Teachers can also use videos and images to supplement the topic thus, the increase in the adoption of 3D projectors in educational institutions is expected to boost the development of the market during the projected period.

3D Projector Market Report Highlight

• By Technology Type, the DLP technology is anticipated to have the largest share of the market over the analysis period. When compared to competing technologies, DLP produces images with sharp, colorful, and clear contrast. The space between pixels is greatly limited since the space between each micromirror is smaller than 1 micron. As a result, the final image appears clearer. The use of a mirror reduces light loss significantly while increasing light output.
• By Light Source, the laser segment is expected to dominate the 3D projectors market in the forecasted timeframe. Laser projectors have the advantage of being significantly more usable at their highest brightness settings than lamp-based or LED ones. The brightness ratings of all projectors are based on settings that sacrifice color accuracy. This often provides a pronounced green bias to LED and lamp-based projectors. However, even at the brightest level, most laser projectors produce strong enough color accuracy that most people would consider the colors more than sufficient for photorealistic images.
• By End Users, the movie theatres segment is anticipated to lead the growth of the 3D projector market over the analysis period. This growth can be attributed to the growing popularity of 3D movies. The surge in 3D film showings has been matched by an increase in the number of digital 3D theatre screens, which has climbed from 1,297 screens in 2007 to 122,180 screens in 2020 globally thus, supporting the development of the movie theatres segment during the forecasted timeframe.
• The APAC region is projected to top the regional rankings attributed to the high adoption rate by educational and corporate institutions. The audience in APAC countries is showing an increasing affinity for 3D movies. As a result of the growing audience interest in 3D movies, numerous production houses have begun releasing 3D versions of films exclusively for the APAC region. According to Statista, there were more than 82,000 cinema screens in China.

Key Industry Development

In June 2020, Panasonic announced several collaboration-focused solutions, along with technology configurations to address the need for flexible remote work and learning environments. To meet the growing demand Panasonic has introduced advanced projectors and professional displays for interactive collaborations.

In August 2020, ViewSonic Corp. announced the launch of the new feature-packed and portable M2 projector, which is an ultra-compact LED projector with built-in premium dual Harman Kardon Speakers. The lamp-free projector is outfitted with 2nd generation LED technology, which is specially built for longevity, captivating spectators with larger images and enhanced sound quality.

3D Projector Market Segmentation

By Technology type

• DLP
• LCD
• LCoS

By Brightness

• < 2000 lumens
• 2000 – 3999 lumens
• 4000 – 9999 lumens
• 10000 < lumens

By Light Source

• Laser
• LE
• Lamps

By End Users

• Movie Theatres
• Educational Institutions
• Corporate Administrations
• Home Theatre
• Events & Large Venues

For this report, Introspective Market Research has segmented the 3D projector Market based on region:

Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Turkey
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Vietnam
  • Thailand
  • Rest of Asia-Pacific
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Iran
  • Rest of MEA
• Latin America
  • Brazil
  • Argentina
  • Rest of LATAM