Key Trends and Analysis of the Global Projector Screen Market:
Ultra-short throw (UST) projectors are placed at the nearest distance from the screen
according to their range, which is nearly around 8-50 cm. At this range, these projectors
offer around 80 inches of wide display. This eliminates the need to adjust the projector
or the screen according to the distance. Ultra short throw projectors are best suited for
home theater applications and educational institutes.
Short throw (ST) projectors are smaller than ultra-short throw projectors. Moreover,
short throw projectors have a longer range than ultra-short throw projectors. Short throw
projectors are highly preferred by corporate firms for use in business meetings, training,
seminars, and other purposes.
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Key Takeaways of the Market:
According to Coherent Market Insights’ analysis, North America held the dominant
position in global projector screen market and is expected to retain its dominant position
over the forecast period. The U.S. and Canada are the major growth engines for the
market in North America. North America accounted for a market share of 38.1% by value
in the global projector screen market in 2017. This is majorly due to high presence of SMEs
and large-sized enterprises and educational institutes and high disposable income of
people in the region. Moreover, introduction and increasing application of UST projectors
and ST projectors is also contributing to growth of the projector screen market in this
region.
Among application, the professional use segment (mainly small and medium enterprises)
are expected to contribute majorly to the global projector screen market growth. For
instance, according to the World Bank, in 2017, around 365-445 million MSMEs were
present worldwide. The number of SMEs in Europe was 23 million, according to the
European Commission in 2015.
In 2017, the wall/ceiling projector screen segment held a dominant position in the market
and is expected to witness considerable growth during the forecast period. This
wall/ceiling projector screen is a permanently installed screens, which can be mounted
on the wall or ceiling. This projector screen has a feature of electric and roll out operations