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Global Pico Projectors Market to Reach US$ 5.3 Billion by 2027, Fostered by Significant Technological Advancements

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Pico Projectors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global pico projectors market reached a value of US$ 3.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.3 Billion by 2027, exhibiting a CAGR of 9.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. 

A pico projector, also known as mobile, handheld or pocket projector, is a compact hardware device that is used to project visual content from a smartphone, tablet, camera or a memory device. It is primarily used to display videos and photos for portable entertainment as well as to present charts and slides for educational and business purposes. Certain stand-alone projector models connect to another device using a USB, HDMI or other cables, while some models are embedded in mobile devices and digital cameras. For an enhanced interactive experience, pico projectors can also be connected to an image processing application, laser pointer and a webcam.

The growing need for handy and portable electronic devices, along with increasing adoption of the Digital Light Processing (DLP) technology, is the key factor driving the growth of the market. DLP projectors use a variety of light sources, such as high-powered LEDs and lasers, to effectively project content onto a screen. These projectors can produce high-quality images, which is positively impacting the demand for the product. Furthermore, pico projectors are being extensively used in the automotive sector for image projection systems in vehicles. Additionally, the integration of pico projectors in smartphones and consumer electronics is another factor catalyzing the market growth. Devices such as digital cameras, camcorders, digital photo frames, laptops, wearables and portable gaming devices use pico projector to keep up with the diversified and ever-changing consumer demands. Moreover, various product innovations such as Wi-Fi and 3G/4G compatibility, coupled with rising disposable incomes of consumers across the globe, are further favoring the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global pico projectors market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on technology, product type, component, specification, compatibility and application.

Breakup by Technology:

  • Digital Light Processing (DLP)
  • Laser Beam Steering
  • Holographic Laser Projection
  • Liquid Crystal on Silicon
     

Breakup by Product Type:

  • Embedded
  • Non-Embedded
     

Breakup by Component:

  • Light Source
  • Illumination System
  • Projector Lens
  • Others
     

Breakup by Compatibility:

  • Laptop/Desktop
  • Smartphones
  • Digital Camera
  • Portable Media Players
  • Others
     

Breakup by Application:

  • Consumer Electronics
  • Business & Education
  • Retail
  • Healthcare
  • Others
     

Breakup by Region:

  • Asia Pacific
  • Europe
  • North America
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The report has also analyzed the competitive landscape of the market with some of the key players being Lenovo Group Limited, Aaxa Technologies Inc., Texas Instruments, Acer Inc., LG Electronics Inc., Microvision Inc., Sony Corporation, ZTE Corporation, Koninklijke Philips N.V., RIF6 LLC, Celluon Inc., Cremotech Co Ltd., Global Aiptek Corporation, Miroir USA, Optoma Technology Corporation, etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Technology, Product Type, Component, Specification, Compatibility, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Lenovo Group Limited, Aaxa Technologies Inc., Texas Instruments, Acer Inc., LG Electronics Inc., Microvision Inc., Sony Corporation, ZTE Corporation, Koninklijke Philips N.V., RIF6 LLC, Celluon Inc., Cremotech Co Ltd., Global Aiptek Corporation, Miroir USA and Optoma Technology Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
        2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Pico Projectors Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Technology
    5.5    Market Breakup by Product Type
    5.6    Market Breakup by Component
    5.7    Market Breakup by Specification
         5.7.1  Market Breakup by Brightness
         5.7.2  Market Breakup by Power Source
    5.8    Market Breakup by Compatibility
    5.9    Market Breakup by Application
    5.10    Market Breakup by Region
    5.11    Market Forecast
6   Market Breakup by Technology
    6.1    Digital Light Processing (DLP)
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Laser Beam Steering
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Holographic Laser Projection
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Liquid Crystal on Silicon
        6.4.1    Market Trends
        6.4.2    Market Forecast
7   Market Breakup by Product Type
    7.1    Embedded
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Non-Embedded
        7.2.1    Market Trends
        7.2.2    Market Forecast
8   Market Breakup by Component
    8.1    Light Source
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Illumination System
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Projector Lens
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Others
        8.4.1    Market Trends
        8.4.2    Market Forecast
9   Market Breakup by Compatibility
    9.1    Laptop/Desktop
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Smartphones
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Digital Camera
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Portable Media Players
        9.4.1    Market Trends
        9.4.2    Market Forecast
    9.5    Others
        9.5.1    Market Trends
        9.5.2    Market Forecast
10  Market Breakup by Application
    10.1    Consumer Electronics
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Business & Education
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    Retail
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Healthcare
        10.4.1    Market Trends
        10.4.2    Market Forecast
    10.5    Others
        10.5.1    Market Trends
        10.5.2    Market Forecast
11  Market Breakup by Region
    11.1    Asia Pacific
        11.1.1    Market Trends
        11.1.2    Market Forecast
    11.2    Europe
        11.2.1    Market Trends
        11.2.2    Market Forecast
    11.3    North America
        11.3.1    Market Trends
        11.3.2    Market Forecast
    11.4    Middle East and Africa
        11.4.1    Market Trends
        11.4.2    Market Forecast
    11.5    Latin America
        11.5.1    Market Trends
        11.5.2    Market Forecast
12  SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13  Value Chain Analysis
14  Porter’s Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15  Price Analysis
16  Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    Lenovo Group Limited
        16.3.2    Aaxa Technologies Inc.
        16.3.3    Texas Instruments
        16.3.4    Acer Inc.
        16.3.5    LG Electronics Inc.
        16.3.6    Microvision Inc.
        16.3.7    Sony Corporation
        16.3.8    ZTE Corporation
        16.3.9    Koninklijke Philips N.V.
        16.3.10    RIF6 LLC
        16.3.11    Celluon Inc.
        16.3.12    Cremotech Co Ltd.
        16.3.13    Global Aiptek Corporation
        16.3.14    Miroir USA
        16.3.15    Optoma Technology Corporation


List of Figures

Figure 1: Global: Pico Projectors Market: Major Drivers and Challenges
Figure 2: Global: Pico Projectors Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Pico Projectors Market: Breakup by Technology (in %), 2021
Figure 4: Global: Pico Projectors Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Pico Projectors Market: Breakup by Component (in %), 2021
Figure 6: Global: Pico Projectors Market: Breakup by Specification (in %), 2021
Figure 7: Global: Pico Projectors Market: Breakup by Compatibility (in %), 2021
Figure 8: Global: Pico Projectors Market: Breakup by Application (in %), 2021
Figure 9: Global: Pico Projectors Market: Breakup by Region (in %), 2021
Figure 10: Global: Pico Projectors Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 11: Global: Pico Projectors Industry: SWOT Analysis
Figure 12: Global: Pico Projectors Industry: Value Chain Analysis
Figure 13: Global: Pico Projectors Industry: Porter’s Five Forces Analysis
Figure 14: Global: Pico Projectors (Digital Light Processing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Pico Projectors (Digital Light Processing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Pico Projectors (Laser Beam Steering) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Pico Projectors (Laser Beam Steering) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Pico Projectors (Holographic Laser Projection) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Pico Projectors (Holographic Laser Projection) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Pico Projectors (Liquid Crystal on Silicon) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Pico Projectors (Liquid Crystal on Silicon) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Pico Projectors (Embedded) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Pico Projectors (Embedded) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Pico Projectors (Non-Embedded) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Pico Projectors (Non-Embedded) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Pico Projectors (Light Source) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Pico Projectors (Light Source) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Pico Projectors (Illumination System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Pico Projectors (Illumination System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Pico Projectors (Projector Lens) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Pico Projectors (Projector Lens) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Pico Projectors (Others Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Pico Projectors (Others Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Pico Projectors (Laptop/Desktop) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Pico Projectors (Laptop/Desktop) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Pico Projectors (Smartphones) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Pico Projectors (Smartphones) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Pico Projectors (Digital Camera) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Pico Projectors (Digital Camera) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Pico Projectors (Portable Media Players) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Pico Projectors (Portable Media Players) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Pico Projectors (Other Compatibilities) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Pico Projectors (Other Compatibilities) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Global: Pico Projectors (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Global: Pico Projectors (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Global: Pico Projectors (Business & Education) Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Global: Pico Projectors (Business & Education) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Global: Pico Projectors (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Global: Pico Projectors (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Global: Pico Projectors (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Global: Pico Projectors (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Global: Pico Projectors (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Global: Pico Projectors (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Asia Pacific: Pico Projectors Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Asia Pacific: Pico Projectors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Europe: Pico Projectors Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Europe: Pico Projectors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: North America: Pico Projectors Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: North America: Pico Projectors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Middle East and Africa: Pico Projectors Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Middle East and Africa: Pico Projectors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Latin America: Pico Projectors Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Latin America: Pico Projectors Market Forecast: Sales Value (in Million US$), 2022-2027
 

List of Tables

Table 1: Global: Pico Projectors Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Pico Projectors Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 3: Global: Pico Projectors Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 4: Global: Pico Projectors Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 5: Global: Pico Projectors Market Forecast: Breakup by Compatibility (in Million US$), 2022-2027
Table 6: Global: Pico Projectors Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 7: Global: Pico Projectors Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Pico Projectors Market Structure
Table 9: Global: Pico Projectors Market: Key Players


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Key Questions Answered in This Report

The global pico projectors market was valued at US$ 3.2 Billion in 2021.

We expect the global pico projectors market to exhibit a CAGR of 9.6% during 2022-2027.

The growing utilization of pico projectors with image processing application, laser pointer, and
webcam for enhanced interactive experiences is primarily driving the global pico projectors market.

The sudden outbreak of the COVID-19 pandemic has led to the rising demand for pico projectors to
display videos and photos for portable indoor entertainment as well as to present charts and slides
for remote educational and business purposes.

Based on the technology, the global pico projectors market can be categorized into Digital Light
Processing (DLP), laser beam steering, holographic laser projection, and liquid crystal on silicon.
Among these, Digital Light Processing (DLP) technology currently exhibits clear dominance in the
market.

Based on the product type, the global pico projectors market has been segmented into embedded
and non-embedded. Currently, embedded pico projectors represent the largest market share.

Based on the application, the global pico projectors market can be bifurcated into consumer
electronics, business & education, retail, healthcare, and others. Among these, the business &
education sector currently accounts for the majority of the total market share.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.

Some of the major players in the global pico projectors market include Lenovo Group Limited, Aaxa
Technologies Inc., Texas Instruments, Acer Inc., LG Electronics Inc., Microvision Inc., Sony
Corporation, ZTE Corporation, Koninklijke Philips N.V., RIF6 LLC, Celluon Inc., Cremotech Co Ltd.,
Global Aiptek Corporation, Miroir USA, Optoma Technology Corporation, etc.

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