London, 03 September 2014 – The global tech-focused research firm, TechNavio has added a new report on the Global Pico Projectors Market 2014-2018 to its growing research library.
About Pico Projectors
Pico projectors are tiny, lightweight, next-generation devices, which—whether standalone or embedded—provide users with easy portability.
According to the latest TechNavio report, the Global Pico Projectors Market is expected to grow at a CAGR of 28.88 percent during the forecast period. It also provides detailed vendor analysis for key vendors in the market, including:
- 3M Co.
- MicroVision Inc.
- Optoma Technology Inc.
- Syndiant Inc.
- Texas Instruments Inc.
The increase in adoption of embedded pico projectors in smartphones and other portable electronic devices is helping manufacturers include additional features, thereby enhancing the value of these devices. This growth in demand for smartphones and their utilities in various applications is expected to propel the overall market growth.
Innovative Laser Technology
Lasers are the key technology behind pico projectors and will be the leading light source in coming years. Low-cost and high-performance light sources will revolutionize this market, fuelling its growth during the forecast period.
“Embedded pico projectors will penetrate the Global Pico Projectors market further because of the growing demand for flexible devices that consume less space and are available at low prices. Their performance is equivalent to that of a standalone projector and this flexibility is expected to increase the revenue contribution of embedded pico projectors over the projected period,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
- Market segmentation, size and forecast through 2018
- Key Geographies and Customer Segments
- Market Growth Drivers
- Market Challenges
- Market Trends
- Key Buying Criteria
- Key Vendors
https://www.technavio.com/%3Cp%3ETechNavio%20currently%20has%20more%20tha…
