The projector screen global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Projector Screen Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The projector screen market size has grown strongly in recent years. It will grow from $46.91 billion in 2023 to $49.4 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to growth in the educational sector, rising demand for high-resolution displays, growing interest in e-learning, increase in demand for home theater systems, and rising construction activities.
The projector screen market size is expected to see strong growth in the next few years. It will grow to $61.09 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to increasing disposable income, growing outdoor events, rising preference for DIY solutions, portable and versatile options, and rising online content consumption. Major trends in the forecast period include adoption of ambient light rejecting (ALR) screens, advancements in portable and motorized projector screens, adoption of K and 8K projector, adoption of ultra-short-throw (UST) projectors, and development of eco-friendly, recyclable materials.
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Scope Of Projector Screen Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Projector Screen Market Overview
Market Drivers –
The growing interest in e-learning is expected to propel the growth of the projector screen market going forward. E-learning refers to the delivery of educational content and training through digital platforms and online resources, enabling remote and flexible learning. E-learning is attributed to advancements in digital technology, increasing internet accessibility, the demand for flexible learning solutions, and the growing need for continuous education and skill development. A projector screen helps e-learning by providing a large, clear display of educational content, making it easier for instructors to present materials to a group and for learners to view multimedia resources such as slides, videos, and interactive lessons in a classroom or virtual setting. For instance, in January 2024, the Eurostat, a Luxembourg-based government administration, reported that 30% of European users enrolled in online courses in 2023, up from 28% in 2022. Therefore, the growing interest in e-learning is driving the projector screen market.
Market Trends –
Major companies operating in the projector screen market are developing portable projection screens, to enhance user convenience, improve mobility, and cater to the growing demand for on-the-go presentations, home theaters, and outdoor events. A portable projection screen is a compact, easily transportable display surface, perfect for quick assembly and use in various settings such as presentations, movie screenings, and outdoor activities. For instance, in March 2024, Elite Screens, a US-based consumer electronics company, launched the ezCinema Tab-Tension CineGrey 4D, a portable ambient light-rejecting (ALR) projection screen designed to enhance visual clarity in any environment. The CineGrey 4D material utilizes angular-reflective technology, which effectively rejects up to 63% of ambient light from various angles. This feature is crucial for maintaining image clarity and contrast in bright environments. Its tab-tension system maintains a flat surface for distortion-free projection, while supporting 4K and HDR content, ensuring a vibrant viewing experience and user-friendly design makes it an excellent choice for both personal and professional use.
The projector screen market covered in this report is segmented –
1) By Type: Ceiling Recessed, Wall And Ceiling, Portable, Floor Rising, Fixed Frame, Other Types
2) By Application: Personal, Professional
3) By End User: Industries, Government, Commercial, Other End-Users
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Regional Insights –
North America was the largest region in the projector screen market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the projector screen market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the projector screen market are Groupe Adeo, Legrand S.A., ACCO Brands Corporation, Seiko Epson Corporation, Barco NV, Draper Inc., Optoma, Pyle US Sound Around Inc., Vutec Corporation., Harkness Screens International Ltd., Screen Innovations, DNP Denmark A/S, XGimi Technology Co Ltd., Remaco Technologies Pte Ltd., Glimm Screens BV, Severtson Screens, Elite Screens Inc., Custom Display Solutions. Inc., Da-Lite Screen Company, Grandview screens, Screen Excellence, Silver Ticket Products, Swastik Telon
Table of Contents
1. Executive Summary
2. Projector Screen Market Report Structure
3. Projector Screen Market Trends And Strategies
4. Projector Screen Market – Macro Economic Scenario
5. Projector Screen Market Size And Growth
…..
27. Projector Screen Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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