Global Home Theatre Projector Market to grow at a CAGR of 7.63% during the period 2016 - 2020; Finds New Report

Report forecast the global home theatre projector market to grow at a CAGR of 7.63% during the period 2016-2020.

The market will be driven by continuous product innovations and introduction of new products. To develop new and innovative products, it becomes essential for manufacturers to stay abreast of the latest trends and technologies in the market. With the availability of a wide range of innovative products, consumers who are looking for replacing their TV sets or for trying out a different product can opt for home theater projectors.

The report covers the present scenario and the growth prospects of the global home theatre projector market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of home theater projectors.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, one of the primary drivers in the market is enhanced gaming and movie viewing experience. The preference for a theater-like movie or gaming experience, on a large screen, is increasing among consumers all across the world. This is one of the primary drivers for the growth of the global home theater projector market. For the desire to watch a Blu-ray movie, or live sports, or just photographs from a mobile device, onto a 100-inch plus screen size, a home theater projector is the ideal choice.

Further, the report states that one major challenge in the market is stiff competition from the decreasing price of large-screen TVs. One of the primary challenges that the global home theater projector market faces is the growing demand for large-screen TV sets. The high penetration of TVs reduces the adoption rates of home theater projectors. In countries like the US and Canada, the penetration of digital TVs is around 91% and 90%, respectively. In Europe, several countries such as Spain, the UK, Italy, and France have almost 100% penetration rates. In developing countries such as China and India, the penetration rates of TVs are increasing rapidly, with manufacturers launching TV sets with good picture quality at affordable prices.

Global Home Theatre Projector Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global home theatre projector market: BenQ, Epson, JVC, Optoma, and Sony.

Other prominent vendors in the market are: 3M, Acer, Canon, Koninklijke Philips, LG Electronics, Mitsubishi Electric Visual and Imaging Systems, Panasonic, Samsung Electronics, and ViewSonic.

Market driver

• Larger images without compromising on clarity.
• For a full, detailed list, view our report

Market challenge

• Stiff competition from the decreasing price of large-screen TVs.
• For a full, detailed list, view our report

Market trend

• Innovative features and functionalities.
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 64 pages and 36 Exhibits “Global Home Theatre Projector Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Global profile, Market segmentation by technology, Segmentation by retail formats, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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