The global gaming projector market was valued at $1.07 billion in 2021 and is projected to reach $2.34 billion by 2031, registering a CAGR of 8.35% from 2022 to 2031. A projector is a projection device that displays an image on a large surface, such as a white screen or a wall. Further, the projectors in gaming are equipped with various features including input lag, refresh rate, and high resolution, to offer an enhanced user video experience.
The growth of the market is majorly driven by an increase in the adoption of advanced gaming technologies coupled with a surge in the growth of the esports gaming industry. Further, a rise in disposable income in emerging economies is anticipated to drive the growth of the high-frequency transformer market. However, the high cost associated with gaming accessories acts as a prime restraint for the global market. On the contrary, the surge in the improvement of telecom infrastructure is anticipated to provide lucrative opportunities for the high-frequency industry during the forecast period.
The global gaming projector market is segmented on the basis of technology, resolution, and application. On the basis of technology, the market is divided into digital light processing DLP), Liquid Crystal Display (LCD), and Liquid Crystal on Silicon (LCoS). By resolution, it is bifurcated into 1080p resolution and 4K resolution. By application, the market is segmented into commercial and household. Region-wise, the gaming projector market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players that operate in the market include Acer, Benq, JMGO, JVC, LG Electronics, Nebula, OPTOMA, Samsung Electronics, Seika Epson, Sony Corporation, VAVA, Veiwsonic, XGIMI Technology, Yaber, AAXA Techologies Inc., and Wemaqx.
The growth of the market is majorly driven by an increase in the adoption of advanced gaming technologies coupled with a surge in the growth of the esports gaming industry. Further, a rise in disposable income in emerging economies is anticipated to drive the growth of the high-frequency transformer market. However, the high cost associated with gaming accessories acts as a prime restraint for the global market. On the contrary, the surge in the improvement of telecom infrastructure is anticipated to provide lucrative opportunities for the high-frequency industry during the forecast period.
The global gaming projector market is segmented on the basis of technology, resolution, and application. On the basis of technology, the market is divided into digital light processing DLP), Liquid Crystal Display (LCD), and Liquid Crystal on Silicon (LCoS). By resolution, it is bifurcated into 1080p resolution and 4K resolution. By application, the market is segmented into commercial and household. Region-wise, the gaming projector market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players that operate in the market include Acer, Benq, JMGO, JVC, LG Electronics, Nebula, OPTOMA, Samsung Electronics, Seika Epson, Sony Corporation, VAVA, Veiwsonic, XGIMI Technology, Yaber, AAXA Techologies Inc., and Wemaqx.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the gaming projector market analysis from 2021 to 2031 to identify the prevailing gaming projector market opportunities.
- Market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- An in-depth analysis of the gaming projector market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global gaming projector market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Technology
- Digital Light Processing (DLP)
- Digital Light Processing (DLP)
- Single Chip Projection
- Three-Chip Projector
- Liquid Crystal Display (LCD)
- Liquid Crystal on Silicon (LCoS)
By Resolution
- 1080P Resolution
- 4K Resolution
By Application
- Commercial
- Household
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- AAXA Technologies Inc.
- Acer Inc.
- BenQ Corporation
- JMGO
- JVC
- LG Electronics Inc.
- Nebula
- Optoma
- Samsung Electronics
- Seiko Epson Corp
- SONY CORPORATION
- VAVA
- VEIWSONIC
- Wemax
- XGIMI Technology
- Yaber
- ivamvo
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: GAMING PROJECTOR MARKET, BY TECHNOLOGY
CHAPTER 5: GAMING PROJECTOR MARKET, BY RESOLUTION
CHAPTER 6: GAMING PROJECTOR MARKET, BY APPLICATION
CHAPTER 7: GAMING PROJECTOR MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “Gaming Projector Market," the gaming projector market size was valued at $1.1 billion in 2021, and is estimated to reach $2.4 billion by 2031, growing at a CAGR of 8.4% from 2022 to 2031.A projector is an output device intended to connect to a computer application to replace a monitor or television in terms of displaying images. Further, the gaming projector projects images generated by a Blu-ray player or computer applications onto a large surface such as a wall or white screen. In addition, the benq gaming projectors are equipped with various projecting technologies such as digital light processing and liquid crystal display to offer a brilliant, colorful, clear image with good contrast, which is expected to provide growth opportunities for the gaming projector market.
The growth of the market is majorly driven by the increasing adoption of advanced gaming technologies coupled with the surge in growth of the esports gaming industry. Further, the rise in disposable income in emerging economies is anticipated to drive the growth of the gaming projector market. However, lac high cost associated with gaming accessories acts as a prime restraint for the global market. On the contrary, the surge in the improvement of telecom infrastructure is anticipated to provide lucrative opportunities for the high-frequency industry during the forecast period.
According to the gaming projector market Analysis, the commercial segment was the highest contributor to the market in 2021. The digital light processing (DLP)and liquid crystal display (LCD) segments collectively accounted for around 85.1% market share in 2021. The surge in adoption of in-home entertainment solutions has led to the growth of digital light processing (DLP)and liquid crystal display (LCD) segments; thereby, enhancing the gaming projector market growth.
The outbreak of COVID-19 has significantly impacted the growth of the gaming projector market, owing to a significant impact on prime market players. Conversely, a rise in demand for home entertainment solutions in emerging economies such as India, China, South Korea, and Mexico is anticipated to drive the market post-pandemic. However, the lack of availability of a professional workforce, owing to partial and complete lockdown implemented by governments restrained the growth of the gaming projector market. On the contrary, the rise in demand for short throw gaming projector solutions in household sectors has witnessed significant growth in Asia-Pacific, Europe, and North America regions, which is expected to boost the gaming projector market.
Region-wise, Asia-Pacific holds a significant global gaming projector market share, owing to the presence of prime players in this region. Adoption of projector solutions across household and consumer electronics sectors is expected to propel the growth of the gaming projector industry in this region. Moreover, the surge in demand for smart home entertainment applications in Asia-Pacific countries such as India, South Korea, and Japan is anticipated to drive the gaming projector market trends in this region.
The key players profiled in the report include Acer, Benq, JMGO, JVC, LG Electronics, Nebula, OPTOMA, Samsung Electronics, Seika Epson, Sony Corporation, VAVA, Veiwsonic, XGIMI Technology, Yaber, AAXA Techologies Inc., and Wemaq. Market players have adopted various strategies, such as product launch, collaboration& partnership, joint venture, and acquisition, to expand their foothold in the gaming projector market.
Companies Mentioned
- Aaxa Technologies Inc.
- Acer Inc.
- Benq Corporation
- Jmgo
- Jvc
- Lg Electronics Inc.
- Nebula
- Optoma
- Samsung Electronics
- Seiko Epson Corp
- Sony Corporation
- Vava
- Veiwsonic
- Wemax
- Xgimi Technology
- Yaber
- Ivamvo
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 259 |
| Published | August 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 1.07 billion |
| Forecasted Market Value ( USD | $ 2.34 billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 17 |
