Projector Screen Market 2024

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 expansion observed during the historical period can be linked to developments in the education sector, an increased demand for high-resolution displays, a growing interest in e-learning, a rise in home theater system demand, and an uptick in 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 anticipated growth in the forecast period is driven by higher disposable incomes, an increase in outdoor events, a greater preference for DIY solutions, the availability of portable and versatile options, and an uptick in online content consumption. Key trends during this period include the adoption of ambient light rejecting (ALR) screens, advancements in portable and motorized projector screens, the use of K and 8K projectors, the adoption of ultra-short-throw (UST) projectors, and the development of eco-friendly, recyclable materials.

The increasing interest in e-learning is anticipated to drive the growth of the projector screen market in the future. E-learning encompasses the delivery of educational content and training via digital platforms, enabling flexible and remote learning. This trend is fueled by advancements in digital technology, greater internet accessibility, and a rising demand for adaptable learning solutions and ongoing education. Projector screens facilitate e-learning by providing a large, clear display for educational content, making it easier for instructors to present materials and for learners to engage with multimedia resources such as slides, videos, and interactive lessons, whether in a classroom or virtual environment. For instance, in January 2024, Eurostat reported that 30% of European users participated in online courses in 2023, an increase from 28% in 2022. Consequently, the growing interest in e-learning is positively impacting the projector screen market.

Leading companies in the projector screen market are focusing on developing portable projection screens to enhance convenience, improve mobility, and meet the rising demand for presentations on the go, home theaters, and outdoor events. A portable projection screen is a compact and easily transportable display surface, ideal for quick setup in various settings such as presentations, movie screenings, and outdoor activities. For example, in March 2024, Elite Screens, a U.S.-based consumer electronics company, introduced the ezCinema Tab-Tension CineGrey 4D, a portable ambient light-rejecting (ALR) projection screen designed to enhance visual clarity in diverse environments. The CineGrey 4D material employs angular-reflective technology to reject up to 63% of ambient light from different angles, crucial for maintaining image clarity in bright conditions. Its tab-tension system ensures a flat surface for distortion-free projection and supports 4K and HDR content, providing a vibrant viewing experience, making it suitable for both personal and professional use.

In April 2022, Shackleton Equity Partners, a U.S.-based private equity firm, acquired Stewart Filmscreen for an undisclosed amount. This acquisition is expected to inject additional resources and investment into Stewart Filmscreen, enhancing the company's ability to deliver innovative solutions and high-quality service to its customers. Stewart Filmscreen specializes in designing and manufacturing premium projection screens for home theaters, commercial venues, and professional cinema installations.

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.

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.

The countries covered in the projector screen market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A projector screen is specifically designed to present images or videos that are projected from a projector, improving visual clarity for various settings such as presentations, films, or events. These screens are available in multiple types, including fixed frame, retractable, and portable versions, made from materials that enhance image quality by evenly reflecting light. Projector screens find application in environments such as classrooms, conference rooms, home theaters, and outdoor locations.

The primary categories within the projector screen market include ceiling recessed, wall and ceiling-mounted, portable, floor-rising, fixed frame, and additional types. Ceiling recessed screens are motorized projector screens that are installed flush with the ceiling, allowing them to be concealed when not in use. Their applications span both personal and professional uses, catering to various end users such as industries, government bodies, commercial entities, and more.

The projector screen market research report is one of a series of new reports that provides projector screen market statistics, including projector screen industry global market size, regional shares, competitors with a projector screen market share, detailed projector screen market segments, market trends, and opportunities, and any further data you may need to thrive in the projector screen industry. This projector screen market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The projector screen market consists of sales of fixed-frame screens, pull-down screens, motorized screens, portable screens, and ambient light-rejecting screens. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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