TechNavio recognizes the following companies as the key players in the Global LCoS Projector Market: 3M Co., Canon Inc., JVC KENWOOD Corp., and Sony Corp.
Commenting on the report, an analyst from TechNavio’s team said: “Embedded and pocket projectors are fast gaining popularity among the customers in the market due to their features such as portability and capability to deliver high picture quality. The embedded projectors find their applications in camcorders, view-finders, mobile handsets, HUDs, and HMDs. Embedded projectors are expected to witness unprecedented growth during the forecast period due to their high adoption in the above-mentioned application segments. Moreover, pocket projectors are also gaining popularity in the Corporate and Non-business Customers sectors due to their immense flexibility. It is expected that the share of LCoS projectors in the Global Embedded, Small, and Pocket Projectors market will witness high growth, thereby fuelling the growth of the Global LCoS Projector market during the forecast period.”
According to the report, one of the main drivers in this market is the increasing adoption of augmented reality devices. Augmented reality products such as HUDs, HMDs, and Google glasses are fast gaining popularity among customers. Moreover, LCoS projectors are witnessing more adoption than the other available technologies such as 3LCD, DLP, and 3-chip DLP. Thus, the increasing popularity of LCoS projectors will tend to foster the growth of the market during the forecast period.
Further, the report states that one of the key challenges in this market is the high cost of LCoS projectors as compared to those with alternative technologies such as 3LCD, DLP, and 3-chip DLP. The high cost of LCoS projectors has affected their adoption among customers in 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., Aiptek International Inc., Cinetron, DreamVision, Faroudja Inc., LG Electronics, Mitsubishi Electric Visual Solutions America Inc., Samsung Electronics Co. Ltd., Vidikron. and ViewSonic International Corp.
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/report/global-lcos-projector-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 LCoS Projector Market 2012-2016
