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Global Pico Projectors Market to reach USD 7.40 billion by the end of 2030.

Global Pico Projectors Market Size study & Forecast, by Product (Embedded, Non-Embedded/Standalone),, by Technology (Digital Light Processing (DLP), Laser Beam Steering (LBS), Holographic Laser Projection and Liquid Crystal on Silicon (LCoS)), by Component (Light Source, Illumination system, Projector Lens, Others), by Compatibility (Laptop/Desktop, Smartphones, Digital Camera, Portable Media Players, Others), by Application (Consumer Electronics, Business & Education, Retail, Healthcare and Others), and Regional Analysis, 2023-2030

Product Code: EESC-55583199
Publish Date: 19-06-2023
Page: 200

Global Pico Projectors Market is valued at approximately USD 3.4 billion in 2022 and is anticipated to grow with a compounded annual growth rate of more than 8.09% over the forecast period 2022-2030. Pico Projector is a handheld device which is easily portable and can easily fit in customer’s pocket. These devices are on-the-go devices that are helpful in projecting photos and videos on a flat surface such as a wall. Pico Projectors are also being used for educational purposes and business meetings. The Pico Projectors market is expanding because of factors such as technological advancement, market trends like growing modernization, status symbol among the young population, emergence of IoT. However, the rising use of Pico Projectors has some stagnant implications such as low brightness, and low battery life which can hamper the market growth.

Rising demand for consumer electronics goods and the growing adoption of smartphones have a significant impact on the Pico Projectors market. According to India Brand Equity Foundation (IBEF), the global electronics industry was USD 2.9 trillion in 2020. Under the government’s National Policy for Electronics (NPE), Production Linked Incentive (PLI) schemes and Aatmanirbhar Bharat Scheme it can be seen that India’s market share in the global manufacturing industry increased from 1.3% in 2012 to 3.6% in 2020. According to Statista, the global number of smartphone users was 4726.64 million in 2021 and projected to increase to 6162.26 million in 2028. China, India, United States are the countries with the highest number of smartphone users in the world. The growing number of smartphone users will significantly impact the overall growth of the Pico Projectors market as the need for integration of Pico Projectors with smartphone devices will increase over the forecast period. Moreover, Rising demand for entertainment, Emerging use of pico projectors in services industry will emerge to be the market opportunities for Global Pico Projectors Market.

The key regions considered for the Global Pico Projectors Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The North America region is dominating the market by largest market share in terms of volume because of the presence of the large number of users of Pico Projectors owing to the growth factors such as increasing use of advance technology and increasing smartphone users. Asia Pacific is expected to fastest growing during the forecast period, owing to the factors such as rising consumer goods and an increase in the number of smartphone users. Also, industrial collaboration, geographic expansion of key players, and active participation of the government in the market space will mitigate the growth of the APAC region.

Major market player included in this report are:
Lenovo Group Limited
AAXA Technologies Inc.
Texas Instruments Incorporation
Acer Inc.
Microvision Inc.
Sony Corporation
ZTE Corporation
Koninlijke Philips N.V.
Celluon Inc.
LG Electronics Inc.

Recent Developments in the Market:
Ø In April 2023, XGIMI a Chinese company has launched latest portable android TV projector called MoGo, MoGo 2 Pro with a resolution of 720p-1080p and brightness to 400 lumens and with a universal Type C charging port.
Ø In Aug 2022, Yaber globally launched one of the its slimmest and most easily portable projector, the Yaber Pico T1 is the pocket sized projector with a thickness of only 13.1mm or slightly half an inch. It has the capability of projecting the virtual screen up to 100 inches with 960 x 540 resolution from just over 6 feet away.
Global Pico Projectors Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product, Technology, Component, Compatibility, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

By Technology:
Digital Light Processing (DLP)
Laser Beam Steering (LBS)
Holographic Laser Projection
Liquid Crystal on Silicon (LCoS)

By Component:
Light Source
Illumination System
Projector Lens

By Compatibility:
Digital Camera
Portable Media Player

By Application:
Consumer Electronics
Business & Education

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Pico Projectors Market, by Region, 2020-2030 (USD Billion)
1.2.2. Pico Projectors Market, by Product, 2020-2030 (USD Billion)
1.2.3. Pico Projectors Market, by Technology, 2020-2030 (USD Billion)
1.2.4. Pico Projectors Market, by Component, 2020-2030 (USD Billion)
1.2.5. Pico Projectors Market, by Compatibility, 2020-2030 (USD Billion)
1.2.6. Pico Projectors Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Pico Projectors Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Pico Projectors Market Dynamics
3.1. Pico Projectors Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Rising Demand for Consumer Electronics Goods Growing Adaptation of Smartphones
3.1.2. Market Challenges Low Brightness Low Battery Life
3.1.3. Market Opportunities Rising Demand for Entertainment Emerging Use of Pico Projectors in Service Industry
Chapter 4. Global Pico Projectors Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Pico Projectors Market, by Product
5.1. Market Snapshot
5.2. Global Pico Projectors Market by Product, Performance – Potential Analysis
5.3. Global Pico Projectors Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Pico Projectors Market, Sub Segment Analysis
5.4.1. Embedded Pico Projectors
5.4.2. Non-Embedded/Standalone
Chapter 6. Global Pico Projectors Market, by Technology
6.1. Market Snapshot
6.2. Global Pico Projectors Market by Technology, Performance – Potential Analysis
6.3. Global Pico Projectors Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
6.4. Pico Projectors Market, Sub Segment Analysis
6.4.1. Digital Light Processing (DLP)
6.4.2. Laser Beam Steering (LBS)
6.4.3. Holographic Laser Projection
6.4.4. Liquid Crystal on Silicon (LCoS)
Chapter 7. Global Pico Projectors Market, by Component
7.1. Market Snapshot
7.2. Global Pico Projectors Market by Component, Performance – Potential Analysis
7.3. Global Pico Projectors Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
7.4. Pico Projectors Market, Sub Segment Analysis
7.4.1. Light Source
7.4.2. Illumination Systems
7.4.3. Projector Lens
7.4.4. Other
Chapter 8. Global Pico Projectors Market, by Compatibility
8.1. Market Snapshot
8.2. Global Pico Projectors Market by Compatibility, Performance – Potential Analysis
8.3. Global Pico Projectors Market Estimates & Forecasts by Compatibility 2020-2030 (USD Billion)
8.4. Pico Projectors Market, Sub Segment Analysis
8.4.1. Laptop/Desktop
8.4.2. Smartphones
8.4.3. Digital Camera
8.4.4. Portable Media Player
8.4.5. Other
Chapter 9. Global Pico Projectors Market, by Application
9.1. Market Snapshot
9.2. Global Pico Projectors Market by Application, Performance – Potential Analysis
9.3. Global Pico Projectors Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
9.4. Pico Projectors Market, Sub Segment Analysis
9.4.1. Consumer Electronics
9.4.2. Business & Education
9.4.3. Retail
9.4.4. Healthcare
9.4.5. Other
Chapter 10. Global Pico Projectors Market, Regional Analysis
10.1. Top Leading Countries
10.2. Top Emerging Countries
10.3. Pico Projectors Market, Regional Market Snapshot
10.4. North America Pico Projectors Market
10.4.1. U.S. Pico Projectors Market Product breakdown estimates & forecasts, 2020-2030 Technology breakdown estimates & forecasts, 2020-2030 Component breakdown estimates & forecasts, 2020-2030 Compatibility breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030
10.4.2. Canada Pico Projectors Market
10.5. Europe Pico Projectors Market Snapshot
10.5.1. U.K. Pico Projectors Market
10.5.2. Germany Pico Projectors Market
10.5.3. France Pico Projectors Market
10.5.4. Spain Pico Projectors Market
10.5.5. Italy Pico Projectors Market
10.5.6. Rest of Europe Pico Projectors Market
10.6. Asia-Pacific Pico Projectors Market Snapshot
10.6.1. China Pico Projectors Market
10.6.2. India Pico Projectors Market
10.6.3. Japan Pico Projectors Market
10.6.4. Australia Pico Projectors Market
10.6.5. South Korea Pico Projectors Market
10.6.6. Rest of Asia Pacific Pico Projectors Market
10.7. Latin America Pico Projectors Market Snapshot
10.7.1. Brazil Pico Projectors Market
10.7.2. Mexico Pico Projectors Market
10.8. Middle East & Africa Pico Projectors Market
10.8.1. Saudi Arabia Pico Projectors Market
10.8.2. South Africa Pico Projectors Market
10.8.3. Rest of Middle East & Africa Pico Projectors Market

Chapter 11. Competitive Intelligence
11.1. Key Company SWOT Analysis
11.1.1. Company 1
11.1.2. Company 2
11.1.3. Company 3
11.2. Top Market Strategies
11.3. Company Profiles
11.3.1. Lenovo Group Limited Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.3.2. AAXA Technologies Inc.
11.3.3. Texas Instruments Incorporation
11.3.4. Acer Inc.
11.3.5. Microvision Inc.
11.3.6. Sony Corporation
11.3.7. ZTE Corporation
11.3.8. Koninlijke Philips N.V.
11.3.9. Celluon Inc.
11.3.10. LG Electronics Inc.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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