Zion Market Research, the market research group announced the analysis report titled ‘DLP Projector Market: Industry Perspective, Comprehensive Analysis, and Forecast, 2015 – 2021’
DLP stands for digital light processing. The working of this device is generally based on micro-electro-mechanical technology along with the digital micromirror. DLP is used in multiple display applications such as conventional stationary displays, and interactive displays. Further, DLP is also used in non-traditional implant applications such as industrial, medical, and security practices. Earlier, DLP technology was used in DLP front projectors for business & educative purposes and digital signs, and in DLP rear projection television sets. In addition, this technology is also used in digital cinema projection and power source in few printers. In digital light processing, light is allowed to pass through digital micromirror. These digital micromirrors consist of many tiny reflective mirrors and each reflective mirror reflects single pixel resolution of the projected image.
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Increasing use of DLP projector in the education sector and movies screen is anticipated to drive the global DLP projector market in the near future. Demand for short-throw DLP projectors and ultra-short-throw DLP projectors is higher as compared to normal-throw DLP projectors, and this is expected to boost the market growth in small-space applications. As these small-space applications are accompanied with business, entertainment, and education sectors, they are further anticipated to positively impact the market growth. In addition, increasing demand for DLP projectors in the entertainment industry is also anticipated to foster the global market growth in the near future. Owing to advantages such as high contrast feature, reliability, reduced pixelation, durability, and portability, these projectors are becoming popular in the market. Conversely, high cost and lack of knowledge may hinder the global DLP projector market in future.
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The global DLP projector market is segmented on the basis of two primary methods as single-chip DLP projectors and three-chip projectors. Of which, one-chip DLP projector segment grabs the largest market share in the global market. The three-chip projectors are used by the televisions manufacturers and digital screens in the film industry, and this, in turn, is anticipated to augment the demand in future. The global market is segmented on the basis of throw distance as the ultra-short throw, normal throw, and short throw. Based on the application, the global market is further segmented as education, entertainment, business, and others. The market is further segmented on the basis of light sources as laser light sources, lamp light sources, and LED light sources.
Asia Pacific is the largest player in the global DLP projector market as it is considered as the home for many companies. Furthermore, a business of digitalization in the film industry and education sector in this region may provide ample opportunities, thus boosting the market.
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Some of the leading players in the global market are Optoma Corp., BenQ Corp., NEC Corp., Acer Inc., Christie Digital Systems, Inc., and Barco NV. Other key players influencing the global market are Digital Projection Ltd., Coretronic Corp, Qisda Corp., ViewSonic Corp., and Delta Electronics, Inc.