Portable Projector Market | Latest Trends and Cardinal Growth Prospects

Rising demand for portable and lightweight display units from educational and business institutions around the world is one of the major drivers for the growing global portable projector market. Increasing usage of 3D projections for simulations and training purposes in defense and aerospace industries is also expected to create attractive opportunities in the global portable projector market in coming years. Products in portable projector market find application in a diverse set of industry verticals, including but not limited to, aerospace, healthcare, defense, and consumer electronics. These devices are compatible with a host of smart and computational devices such as laptops, digital cameras, smart phones, and portable media players. The devices in global portable projector market can be classified based on the brightness they project. Measured in lumens, product categories in global portable projector market based on the brightness include below 500 lumens, 500 to 3000 lumens, and above 3000 lumens. Technologies used for developing products in the global portable projector market include digital light processing or DLP, liquid crystal on silicon or LCoS, and liquid crystal display or LCD.

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Players in the Portable Projector Market Focused on New Product Launches

Some of the major vendors in the global portable projector market include Philips N. V., LG Electronics Incorporation, Canon, HP, Kodak Limited, Xiomi, BenQ Corporation, Acer, Sony Corporation, Ricoh, Casio, Asus Corporation, Anker Corporation, and Panasonic. Manufacturers and players in global portable projector market are focusing on launching new products, upgrading their existing product portfolio and offerings, and joint ventures as key strategies for expansion and gaining competitive edge. They are also working on enhancing the cross-platform interoperability of their products so they can project data coming from a variety of devices and operating systems, including devices such as PCs, laptops, tablets, and operating systems such as windows, mac OS, Linux, android, and iOS to expand their consumer base. For example, Philips has launched a new product in the global portable projector market that features a brightness of 170 lumens and can project images up to 120 inches diagonally. This new product in global portable projector market can be operated via windows computers, or android and iOS mobile devices.   

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