Pico Projectors, known as handheld projectors, are niche technology escorted with portable devices such as mobile phones, cameras, and tablets. These pico projectors provide a convenient way to quickly project the content of these devices onto any surface such as walls, notebooks, or airplane food trays, portable projection screens sized and designed for pico projectors and presenter mobility. A Pico projector uses a laser light sources or an LED which eliminates the need for lamp replacement over the functional life of a pico. The two most significant segments of these projectors include stand alone projectors and embedded projectors. The three major imager technologies for the pico projectors competing for market share include Digital Light Processing (DLP), Liquid Crystal on Silicon (LCoS), and Laser-Beam-Steering (LBS). Some of the product types of pico projector comprise Ferroelectric LCoS (FLCoS), Syndiant’s Syl2041, DLP HVGA, Laser Beam Scanning (LBS), Color Filter LCOS (CF-LCoS).

The market currently is in the explosive growth time period and is witnessing steep price erosion. One of the key factors driving this market growth is growing 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 this market. Moreover, embedding of pico projector modules into other devices including digital cameras, digital camcorders, digital photo frames, laptops, portable media players, mobile TV, and portable gaming devices is boosting the market ahead.

Decreasing average selling price and increase in its applications is also one of the factors contributing to the market growth. With the growing demand for flexibility by end-users, the limited number of features in pico projectors could affect adoption, thereby restraining the marker growth. Stiff competition from Flat Panel Displays is also one of the factors hindering the growth of market.

Despite the presence of these issues however, the market shows enormous potential to grow speedily in the future mostly because of some emerging trends. The increase in adoption of embedded pico projectors including integration of projectors in headsets, mobile phones, and image processing software, is increasing penetration of LCoS-based projectors in the market.

The US dominates the global pico projectors production in volume terms. Many of the major companies involved in pico projectors market are based in the country, which is one of the reasons behind U.S. holding the major share of this market. Asia Pacific is expected to have exponential growth in near future followed by Europe and Middle East regions.

Some of the major players in the market include 3M Co., AAXA Technologies Inc, Aiptek Inc., Light Blue Optics Ltd., bTendo Ltd., Luminus Device Inc., Acer Inc., Greenlight Optics LLC, Lemoptix SA, Samsung Electronics Co. Ltd., Maradin Ltd., MicroVision Inc., Micron Technology Inc., Optoma Corp, Mezmeriz Inc., Opus Microsystems Corp., Syndiant Inc., Texas Instruments Inc., Toshiba Corp., and WowWee Group Ltd.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America

Asia Pacific

Europe

Rest of the World

This report provides comprehensive analysis of

Market growth drivers

Factors limiting market growth

Current market trends

Market structure

Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

Customer E xperience Maps

xperience Maps I nsights and Tools based on data-driven research

nsights and Tools based on data-driven research Actionable R esults to meet all the business priorities

esults to meet all the business priorities Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

North America

Asia Pacific

Europe

Latin America

The Middle East and Africa

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Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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4. Strategic Frameworks

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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.