Projector Screen Market Key Findings, Size, and Share by 2031
The Projector Screen Market size is projected to reach US$ 20347.34 million by 2031 from US$ 9768.53 million in 2023. The market is expected to register a CAGR of 9.6% in 2023–2031. The innovation in screen technology is likely to remain a key projector screen market trend.
Projector Screen Market Analysis
The entertainment industry is advancing with technology as watching events, shows, movies, and other media on small screens is moved toward large screens. The affordability of large portable projection screens and projectors contributes to the growing popularity of portable items. Consumers choose portable projectors that are simple to set up for short-term use anywhere. The popularity of portable projector screens is growing due to the rise in outdoor events, rooftop restaurants, and hotel rooms. Also, customers are demanding portable solutions such as on-the-go projectors with movie experience, screens for presentation, and other purposes. As a result, portable projector screens are witnessing more demand, which is augmenting the projector screen market growth.
Projector Screen Market Overview
A projection screen is an installation containing a surface structure and support motly used to display a projected image for viewers viewing. A meeting room or other non-dedicated display area can use portable projection screens with floor-rising or tripod versions, or they can be fixed permanently in a movie theatre or painted on the wall. Meetings and conferences are usually held in front of these screens in the corporate world.
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Projector Screen Market: Strategic Insights
Market Size Value in US$ 7327.96 Million in 2020 Market Size Value by US$ 13503.98 Million by 2027 Growth rate CAGR of 9.6% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Projector Screen Market: Strategic Insights
Market Size Value in | US$ 7327.96 Million in 2020 |
Market Size Value by | US$ 13503.98 Million by 2027 |
Growth rate | CAGR of 9.6% from 2020-2027 |
Forecast Period | 2020-2027 |
Base Year | 2020 |
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Speak to AnalystProjector Screen Market Drivers and Opportunities
Innovations in Screen Technology
Projector displays are being fitted with cutting-edge technologies to improve the viewing experience and image quality. Screens that reject ambient light (ALR) are growing in popularity because they improve sight in well-lit areas. These screens are perfect for home cinemas and business environments where ambient light management is difficult.
Rise of Ultra-Short-Throw (UST) Projector Screen
Because UST projector screens can display enormous images from a short distance, they take less space and provide greater installation options, which is why they are becoming more and more popular. In urban environments and compact spaces where space is at a premium, these screens are especially appealing. Additionally, because they are convenient and adaptable, motorized and configurable projector screens are becoming more and more popular. Luxurious home cinemas and upscale corporate boardrooms are increasingly utilizing remote-controlled motorized screens. Thus, the rise of Ultra-Short-Throw (UST) projector screens is anticipated to present new opportunities for the projector screen market players during the forecast period.
Projector Screen Market Report Segmentation Analysis
Key segments that contributed to the derivation of the projector screen market analysis are type and end user.
- Based on type, the projector screen market is segmented into the fixed frame, tripod, folding frame, floor rising/pull-up, electric, manual, and others.
- Based on end users, the projector screen market is segmented into education, media and entertainment, healthcare, government and defense, commercial, personal, and others.
Projector Screen Market Share Analysis by Geography
The geographic scope of the projector screen market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America. In terms of revenue, North America accounted for the largest projector screen market share. The primary factors propelling the growth of the projector screen market in North America are the rising demand for portable projector screens and their increasing use by non-traditional and home users. Also, the development of the projector screen market in North America is being significantly aided by new trends such as rooftop restaurants with screens, outdoor projectors, and home theatres.
Projector Screen Market News and Recent Developments
The projector screen market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders and strategies:
- In April 2024, Harkness Screens, one of the world’s premium cinema technology companies, unveiled its brand new fifth-generation 2D/3D screen technology.
(Source: Harkness Screens, Press Release)
- In March 2022, Samsung launched The Freestyle projector in India, which is targeted primarily toward “on-the-go Gen Z and millennial consumers.” The Freestyle is an ultraportable projector and can project a video of up to 100-inches (2m 54cm).
(Source: Samsung, Press Release)
Projector Screen Market Report Coverage and Deliverables
The “Projector Screen Market Size and Forecast (2023–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global projector screen market was estimated to be US$ 9768.53 million in 2023 and is expected to grow at a CAGR of 9.6% during the forecast period 2023 - 2031.
The rise of Ultra-Short-Throw (UST) projector screens and innovations in screen technology are the major factors that propel the global projector screen market.
Innovation in screen technology is anticipated to play a significant role in the global projector screen market in the coming years.
The key players holding majority shares in the global projector screen market are Barco NV, Custom Display Solutions, Inc., Draper, Inc., Elite Screens Inc., Glimm Display, LEGRAND AV INC., Seiko Epson Corporation (Seiko Group), SnapAV, Stewart Filmscreen, and Grandview Crystal Screen Co.Ltd.
The global projector screen market is expected to reach US$ 20347.34 million by 2031.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.