TechNavio recognizes the following companies as the key players in the Global Pico Projectors Market: are 3M Co., MicroVision Inc., Optoma Corp., Syndiant Inc., and Texas Instruments Inc.
Commenting on the report, an analyst from TechNavio’s team said: “Embedded pico projectors are expected to further penetrate the Global Pico Projectors market during the forecast period. This is due to the growing demand for sophisticated, flexible devices that consume less space and are available at lower prices. An embedded pico projector is integrated into a device; its performance is equivalent to that of a standalone projector. This increased flexibility, which does not compromise image quality, is expected to increase the revenue contribution of embedded pico projectors in the Global Pico Projectors market during the forecast period. Furthermore, the cost of embedded pico projectors is about US$50 per unit, whereas the cost of standalone pico projectors is about US$250. This price difference will also be a contributory factor in the increasing demand for pico projectors.”
According to the report, one of the main drivers is the increasing integration of pico projectors in mobile handsets. Mobile handsets integrated with pico projectors represent the application area with the highest potential and it is expected to trigger the growth in the Global Pico Projectors market.
Further, the report states that one of the major challenges in this market is the presence of limited features in pico projectors. With the increasing demand for flexibility by end-users, the limited number of features in pico projectors could affect adoption, thereby hindering the growth of the market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are AAXA Technologies Inc., Acer Inc., Aiptek Inc., bTendo Ltd., Greenlight Optics LLC, Lemoptix SA., Light Blue Optics Ltd., Luminus Device Inc., Maradin Ltd., Mezmeriz Inc., Micron Technology Inc., Opus Microsystems Corp., Samsung Electronics Co. Ltd., Toshiba Corp., and WowWee Group Ltd.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-pico-projectors-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Pico Projectors Market 2012-2016
