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India's projector market rides mobile computing wave

Posted: 28 Aug 2014     Print Version  Bookmark and Share

Keywords:6Wresearch  projector market  SME  Benq  Epson 

The rising penetration of mobile computing, notebooks, as well as new features such as short throw, 3D, WiFi and HD, within the SME space is expected to accelerate the growth of the projector market here, according to 6Wresearch.

The market research firm also indicated that the India projector market registered annual shipments of 0.18 million units. Benq endured its market leadership followed by Epson and Sony. The three companies captured about 40 per cent share of the market. 3D enabled projectors captured around 47 per cent share of the India projector market. The home stream segment is expected to demonstrate huge potential over the coming years as a result of increasing consumer awareness among the Indian consumers.

India projector market, by resolution

India projector market, by resolution

The DLP based projectors dominated the Indian projector market with 54 per cent market share followed by LCD projectors. Recent switch from traditional lamp-based light sources to LED and laser technologies has helped manufacturers to offer cost efficient and better quality projectors. Further, LED projectors are expected to grow at a rapid pace due to their superior average life compared to other segments.

The demand for PICO projectors are likely to increase significantly due to their advantages over the traditional projectors. Additionally, increasing usage of these devices across certain segments such as consumer electronics, healthcare and aerospace will further boost the growth of these projectors.

The education sector is expected to be the major demand driver for the India projector market. Additionally, the market is expected to demonstrate significant growth as a result of government initiatives such as adaptation of modern teaching aids, smart boards and digital teaching as well as IT infrastructure upgrades.

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