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Pocket projector market to hit Rs.64,186 crore by 2018

Posted: 10 May 2010     Print Version  Bookmark and Share

Keywords:pocket projector  embedded  portable electronics 

DisplaySearch forecasts that the market for pocket projectors will hit a CAGR of 70 per cent for revenues and 88 per cent for units by 2018. This will spell a growth from 5 lakh (0.5 million) units and Rs.540.27 crore ($117 million) in revenues in 2009 to 14.20 crore (142 million) units and Rs.64,186.03 crore ($13.9billion) in revenues in 2018.

"There were over 130 new pocket projector models released in the market in 2009, along with the first releases of embedded projectors into the market. Despite this, pocket projectors still face challenges of low brightness, short battery life and high price. Continuing progress in all the technologies surrounding pocket projectors will be needed to achieve the expected growth," noted Jennifer Colegrove, director of display technologies at DisplaySearch. "Good things really do come in small packages, as pocket projectors eliminate form factor and size limitations for images in portable electronics. They are ideal devices for sharing, either for social, business or entertaining activities," noted Colegrove.

The Pocket Projector Technology and Market Forecast Report also found that the market is currently dominated by stand-alone devices, which can be connected to other devices, and allow for additional integrated functions. DisplaySearch forecasts the stand-alone pocket projector will reach 4.50 crore (45 million) units and Rs.41,097.53 crore ($8.9 billion) in 2018.

However, DisplaySearch forecasts that shipments of embedded/dedicated projectors will surpass those of stand-alone units in 2014, as current limitations such as power consumption, size, brightness and price are improved. DisplaySearch forecasts the embedded type pocket projectors will reach 9.70 crore (97 million) units and Rs.23,088.50 crore ($5 billion) in 2018.

Pocket Projector Forecast

Although pocket projectors leveraging LCOS with colour filters dominated in 2009 due to early entrance in the pocket projector market, DisplaySearch forecasts that DLP and LCOS field sequential technologies will take the lead in shipments for 2010. While LCOS field sequential will have the highest unit share in coming years, DLP will lead in revenues. The fastest growing technology in unit and revenue terms will be scanning MEMS.

For more statistics and forecasts, click here

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