Global Projector Screen Market Size, Share, and COVID-19 Impact Analysis, By Type (Ceiling Recessed, Wall & Ceiling, Portable, Floor Rising, Fixed Frame, and Others), By Application (Personal and Professional), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.
Industry: Electronics, ICT & MediaGlobal Projector Screen Market Insights Forecasts to 2033
- The Global Projector Screen Market Size was Valued at USD 44.35 Billion in 2023
- The Market Size is Growing at a CAGR of 2.30% from 2023 to 2033
- The Worldwide Projector Screen Market Size is Expected to Reach USD 55.67 Billion by 2033
- Europe is Expected to Grow the fastest during the forecast period.
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The Global Projector Screen Market Size is Anticipated to Exceed USD 55.67 Billion by 2033, Growing at a CAGR of 2.30% from 2023 to 2033.
Market Overview
A projection screen is an installation comprised of a support and a surface structure that is commonly used to display a projected picture for an audience to view. Projection screens can be permanently installed, as in a painted-on-the-wall movie theater, or moveable, as in a conference room or other non-dedicated display area, using floor-rising or tripod variants. These screens are commonly used in company offices for meetings and conferences. Projection screens are available in two configurations: floor-rising or tripod versions for transportation in a meeting room or other non-dedicated display area, and permanently installed in a movie theater or painted on the wall. Typically, corporate organizations use large screens for conferences and meetings. The entertainment sector is evolving with technology, as people migrate from watching movies, events, shows, and other media on small displays to larger ones. Large portable projector screens and projectors are now accessible at affordable prices, increasing the popularity of portable devices. Customers choose portable projectors, which are easy to set up in any area for temporary use. The growing number of outdoor events, rooftop restaurants, hotels, and sports are driving the use of portable projector displays that can be simply put up.
Report Coverage
This research report categorizes the market for the global projector screen market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global projector screen market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global projector screen market.
Global Projector Screen Market Report Coverage
Report Coverage | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 44.35 Billion |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 2.30% |
2033 Value Projection: | USD 55.67 Billion |
Historical Data for: | 2019 - 2022 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Type, By Application, By Region |
Companies covered:: | ACCO Brands Corp., Barco NV, dnp denmark as, Draper Inc., Elite Screens Inc., Glimm Screens BV, Grandview Crystal Screen Co. Ltd., Groupe Adeo, Harkness Screens International Ltd, Legrand SA, Pioneer Audio Visual Equipment, Pyle USA Sound Around Inc., Remaco Technologies Pte Ltd., Screen Innovations, Others, and |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The rising education sector is one of the key drivers of market growth for projector screens. With the rise of digital classrooms and e-learning settings, there is an increased demand for projector displays to promote effective learning experiences. Similarly, the corporate sector's growing reliance on visual presentations for meetings, training, and conferences has driven up demand for improved projector displays. The entertainment business, particularly cinemas and home theaters, plays an important role as audiences seek better viewing experiences. The rising education sector is a key driver of the projector screen industry. The transition to digital classrooms and e-learning environments involves the use of high-quality projection displays to promote interactive and engaging learning experiences. As educational institutions increasingly use technology-enhanced learning tools, the demand for dependable and innovative projection screens grows. This trend is especially prominent in places that are substantially investing in educational infrastructure improvements, which is driving market expansion.
Restraining Factors
Projector installations are becoming less challenging as large-screen, high-definition LED, OLED, and QLED TVs become more affordable. Due to their greater picture quality, ease of use, and installation, these TVs may deter customers from purchasing projector screens. Furthermore, correct lighting conditions are typically required for projection screens to achieve the finest image quality. Reduced contrast and brightness in rooms with a lot of ambient light might make it difficult to utilize displays properly without spending more money on high-gain screens or blackout curtains. As a result, the projector screen market will probably experience limited growth during the forecast period.
Market Segmentation
The global projector screen market share is classified into type and application.
- The portable segment is expected to grow at the fastest CAGR in the global projector screen market during the forecast period.
Based on the type, the global projector screen market is divided into ceiling recessed, wall & ceiling, portable, floor rising, fixed frame, and others. Among these, the portable segment is expected to grow at the fastest CAGR in the global projector screen market during the forecast period. These screens are commonly used for presentations and demonstrations in a variety of venues. The user can easily move this screen to other positions as desired. Furthermore, the projector screen may be installed without the need for a separate tripod or stand, making it easy for the user to move and operate the screen as required.
- The professional segment is expected to hold a significant market share in the global projector screen market during the forecast period.
Based on the application, the global projector screen market is divided into personal and professional. Among these, the professional segment is expected to hold a significant market share in the global projector screen market during the forecast period. As the number of startups grows, so does the number of corporate seminars, meetings, and business conferences that require projection screens. This is one of the primary reasons why the market for projector screens is growing. Furthermore, webinars and seminars on a variety of topics offered by various educational institutions or individuals have an impact on the growth of the professional market sector.
Regional Segment Analysis of the Global Projector Screen Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia Pacific is anticipated to dominate the global projector screen market over the predicted timeframe.
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Asia Pacific is anticipated to dominate the global projector screen market over the predicted timeframe. The region is the world's largest continent and is well-known for its technological advances. Some of the key reasons aiding the APAC economies' transition from developing to developed status are rapid technological advancement, legislative support, and economic digitalization. In light of this, these factors support SMEs' (small and medium-sized businesses) growth in the Asia Pacific projector screen market. Due to the rapid economic expansion of China and India, as well as the widespread use of digital teaching methods and the flourishing entertainment industry. The region benefits from the presence of numerous major manufacturers, which influences competitive pricing and development in projector screens.
Europe is expected to grow at the fastest pace in the global projector screen market during the forecast period. The region is well-known for having developed nations that prioritize adopting and using cutting-edge technologies. The increased contact is pushing up demand for projection displays in Europe's educational system. The education industry is looking at projector integration as a way to provide dynamic and engaging learning experiences. As a result, it is expected that demand for projector screens will increase. In addition to sponsoring innovative research targeted at improving the use of digital technology for learning, the European Commission (EC) has taken additional initiatives to modernize education and training. The projector screen market in Europe is steadily growing, with Western European countries showing greater adoption rates due to the large presence of educational and corporate sectors that require superior AV (audio-visual) solutions. The expanding trend of interactive learning, as well as the adoption of hybrid work methods, have all contributed to an increase in demand for high-quality projection displays.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global projector screen market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- ACCO Brands Corp.
- Barco NV
- dnp denmark as
- Draper Inc.
- Elite Screens Inc.
- Glimm Screens BV
- Grandview Crystal Screen Co. Ltd.
- Groupe Adeo
- Harkness Screens International Ltd
- Legrand SA
- Pioneer Audio Visual Equipment
- Pyle USA Sound Around Inc.
- Remaco Technologies Pte Ltd.
- Screen Innovations
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In March 2024, Elite Screens, Inc., a cutting-edge business that specializes in quality projection screens for retailers and integrators, has announced the release of its most recent product, the ezCinema Tab-Tension CineGrey 4D projector screen.
- In August 2022, Barco, an international pioneer in visualization devices, announced that the Barco F70-4K6 projector is a component of the Collins Aerospace visual display system for the USAF Joint Simulation Environment (JSE) project.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global projector screen market based on the below-mentioned segments:
Global Projector Screen Market, By Type
- Ceiling Recessed
- Wall & Ceiling
- Portable
- Floor Rising
- Fixed Frame
- Others
Global Projector Screen Market, By Application
- Personal
- Professional
Global Projector Screen Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1.Which are the key companies that are currently operating within the market?ACCO Brands Corp., Barco NV, dnp denmark as, Draper Inc., Elite Screens Inc., Glimm Screens BV, Grandview Crystal Screen Co. Ltd., Groupe Adeo, Harkness Screens International Ltd, Legrand SA, Pioneer Audio Visual Equipment, Pyle USA Sound Around Inc., Remaco Technologies Pte Ltd., Screen Innovations, and others.
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2.What is the size of the global projector screen market?The Global Projector Screen Market Size is Expected to Grow from USD 44.35 Billion in 2023 to USD 55.67 Billion by 2033, at a CAGR of 2.30% during the forecast period 2023-2033.
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3.Which region is anticipated to dominate the global projector screen market?Asia Pacific is anticipated to dominate the global projector screen market over the predicted timeframe.
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