Smaller vendors to focus on expanding their consumer base during the forecast period
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the education projector market in the US in their latest research report. This report also lists 18 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated through education projectors to the pre-K, K-12, and the higher education segment in the US education market.
This Technavio report, under the education technology vertical, is based on the synthesis, analysis, and interpretation of information about the education projector market in the US collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The market for education projectors in the US is undergoing rapid growth and is expected to sustain this momentum during the forecast period. The market is characterized by intense competition among vendors in the market space. Established vendors are introducing innovative products in the market gain market shares and keep the competition in the market at bay. These companies benefit from their strong balance sheets and financial structures and, hence, invest heavily in R&D. The small vendors, however, market their products to a relatively smaller customer base and do not possess the same kind of R&D capabilities. The customer base of small vendors are expected to widen during the forecast period, leading to a decline in the price of projectors.
“There is increased emphasis on blended or hybrid learning to meet the evolving needs of the students and academicians in the US. Educational institutions in the US are making use of projectors to encourage online learning and facilitate technology-enabled learning. Projectors enable teachers to share information and knowledge in text, graphics, and videos. Projectors complement blended learning efficiently and make knowledge delivery more efficient,” says Jhansi Mary, a lead analyst at Technavio for education technology.
Top five vendors in the education projectors in the US market space
BenQ
BenQ primarily offers notebooks and netbooks, all-in-one PCs, digital projectors, light-emitting diode (LED) displays, LCD monitors, digital cameras, mobile Internet devices, e-book readers, and cell phones. The company offers an array of products that includes digital projectors, interactive large-format displays, and professional monitors. It also offers mobile computing devices, imaging solutions, and LED lighting solutions for both education and business domains. The company sells its products in more than 100 countries.
Key products: BF 800 diagnostic scale, BF 710 BodyShape turquois diagnostic scale.
Hitachi
Hitachi is a Japanese company that primarily engages in the design and manufacture of a wide range of products. It manufactures and sells projectors to the customers in the US through its subsidiary Hitachi America. The company’s R&D sector focuses on the innovation of novel products and technologies and operates through its main laboratories: Hitachi R&D located in Tokyo, Japan; Central Research Laboratory located in Tokyo, Japan; Hitachi Research Laboratory located in Ibaraki, Japan; Yokohama Research Laboratory located in Kanagawa, Japan; Hitachi Europe in Europe; Hitachi China R&D in China; Hitachi America in the US; Hitachi India in India; Hitachi Asia in Singapore; and Hitachi South America in Brazil.
Key products: LCD education projectors and DLP education projectors.
InFocus
InFocus develops and designs visual communication solutions that include video and communication, and touchscreen solutions. The company serves business and education customers along with first responders. In January 2016, it launched the Inspire Education Program to capture more educational institutions by offering special pricing, extended warranties, and training sessions for its customers.
Key products: LCD education projectors and DLP education projectors.
Mimio Boxlight
Boxlight is a leading manufacturer of projectors. The company acquired graphics tablet and school software maker Mimio in March 2016 to expand its technology offerings in both the hardware and software fronts for the K-12 segment. Its interactive projector, Projector Write has won several accolades like Best of Infocomm and PMA buckaroo award.
Key products: LCD education projectors and DLP education projectors.
Seiko Epson
Seiko Epson engages in the development, manufacture, and sales information-related equipment, electronic devices, and precision products. The company carries out its business operations through four segments- Information-related equipment, devices and precision products, sensing and industrial solutions, and others.
Key products: LCD education projectors and DLP education projectors.
Other prominent vendors in this market include Acer, Barco, Canon, Casio Computer, Dell, Delta Electronics, NEC, Optoma, Panasonic, Ricoh, SANYO Electric, Sharp, SMART Technologies, Touchjet, Mitsubishi electrical and visual imaging systems, Texas Instruments, Sony electronics, and ViewSonic.
A more detailed analysis is available in the Technavio report, Educational Projector Market in the US 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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- Global Interactive Projectors Market 2016-2020
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