Europe Pico Projector Market is Estimated to Reach $1,653.0 Million by 2019
The Europe Pico Projector market is projected to be driven by the increasing usage of these projectors across varied application segments.
Europe, May 8, 2015 (Newswire.com) - The European Pico projector market was valued at $342.8 million in 2014, and is expected to reach $1,653.0 million by 2019, at a CAGR of 37.0% from 2014 to 2019.
The European Pico projector market was valued at $342.8 million in 2014, and is expected to reach $1,653.0 million by 2019, at a CAGR of 37.0% from 2014 to 2019.
Browse through the TOC of European Pico projector market for an analysis of industry trends, segments & forecasts.
The demand for pico projectors in this region is estimated to rise due to the decline in the average selling price of pico projectors. The embedded pico projector segment is estimated to witness high growth in the near future, mainly due to their integration in smartphones, camcorders, digital cameras, and gaming stations.
Furthermore, this segment is projected to grow at the highest CAGR of 59.0% during the forecast period, due to the wide use of embedded pico projectors across the aerospace, automotive, business & education, consumer electronics segments. The standalone segment was the largest segment in the pico projector market, and was valued at $158.9 million in 2014. It is expected to grow at a CAGR of 29.2% from 2014 to 2019.
The report also has been segmented based on the major countries in this region, including Germany, the U.K., Spain, France, and the Rest of Europe (RoE). Currently, Germany is being considered as a huge market for pico projectors, due to the increasing demand of these projectors in the business & education and consumer electronics application segments.
This report also includes the market share and value chain analyses, along with market metrics such as drivers & inhibitors. In addition, it presents a competitive landscape and company profiles of the key players in the market.
Related Report:
North America Pico Projector Market
Pico projectors are tiny, battery-operated projectors that can fit into a user’s pocket. These can be easily connected to or embedded into handy devices, such as mobile phones, digital cameras, camcorders, digital photo frames, laptops, mobile TVs, portable media players, and gaming devices. The two most significant segments of these projectors are standalone projectors and embedded projectors.
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