DUBLIN--(BUSINESS WIRE)--The "Global Advanced Cinema Projector Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2019 To 2027" report has been added to ResearchAndMarkets.com's offering.
The advanced cinema projector market was valued at US$ 96.2 Mn in 2018 and expected to grow at a CAGR of 9.9% during the forecast period from 2019 to 2027.
The worldwide increase in the cinema projector technology and rising global box office will enhance the advanced cinema projector market during the forecast period from 2019-2027. The growing entertainment industry globally along with an increasing preference for new and advanced entertainment devices and equipment anticipated to help in the market growth. The Asia Pacific dominates the global advanced cinema projector market backed by North America and Europe in 2018.
Rapidly increasing the film industry worldwide expected to enhance the market in years to come. In 2018, the yearly revenue of the global box office has reached around US$ 41 Bn and it is projected to reach nearly US$ 48 Bn yearly by 2020. Increased cinema screens with new technological innovations such as digital, 3D, 4D, 5D and others will also enhance the market growth throughout the forecast period.
Major manufacturers of advanced cinema projectors are focusing on launching new products with advanced technology features. New product launch and geographical expansion by merger, acquisitions, partnerships, and collaborations are anticipated to be the key strategy of the market players.
Industrial Developments
- In October 2018, Canon, Inc. launched a new advanced cinema projector LX-MH502Z. The product is the first single-chip projector with Digital Light Processing and 4K ultra-high-definition technology. The abovementioned projector has four-way pixel shift technology that delivers 4K UHD resolution.
Key Market Movements:
- In 2018, Asia Pacific has the highest share in the global market owing to the adoption of advanced technologies along with a growing number of multiplexes and cinema halls. Rapidly growing urbanization and consumer spending on entertainment are some of the other factors responsible for the dominance of the region.
- North America and Europe have a significant share in the global advanced cinema projector market in 2018. The rising entertainment industry in the region is the major factor in driving the market growth.
- Based on technology type, in 2018, the digital light processing (DLP) segment has its dominance on a global scale. The segment has more than 45% of the global market share in the same year. The wide adoption of digital light processing (DLP) projectors at commercial places is the major factor for the dominance of the segment.
- The new and advanced product launch will be the key strategy for the market players
List of Companies Covered:
- BenQ Group
- Sony Corporation
- Seiko Epson Corporation
- Barco NV
- Delta Electronics, Inc.
- Canon, Inc.
- Christie Digital Systems USA, Inc.
- LG Electronics
- Hitachi Digital Media Group
- Panasonic Corporation
Key Topics Covered:
1. Preface
2. Executive Summary
3. Market Dynamics
3.1. Introduction
3.1.1. Global ACP Market Value, 2017-2027, (US$ Mn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players
4. Global Advanced Cinema Projector (ACP) Market, by Technology Type , 2017-2027 (US$ Mn)
4.1. Overview
4.2. Digital Light Processing (DLP)
4.3. Liquid Crystal Display (LCD)
4.4. Light Emitting Diode (LED)
5. Global Advanced Cinema Projector (ACP) Market, by Resolution , 2017-2027 (US$ Mn)
5.1. Overview
5.2. Less Than 2K
5.3. 4K
5.4. 8K
6. Global Advanced Cinema Projector (ACP) Market, by Brightness , 2017-2027 (US$ Mn)
6.1. Overview
6.2. Less than 4,999 Lumens
6.3. 5,000-10,000 Lumens
6.4. Above 10,000 Lumens
7. Global Advanced Cinema Projector (ACP) Market, by End-user, 2017-2027 (US$ Mn)
7.1. Overview
7.2. Residential
7.3. Commercial
8. North America Advanced Cinema Projector (ACP) Market Analysis, 2017-2027 (US$ Mn)
8.1. Overview
8.1.1. North America ACP Market Value and Growth, 2017-2027, (US$ Mn)
8.2. North America ACP Market Value, By Technology Type, 2017-2027 (US$ Mn)
8.2.1. Market Analysis
8.3. North America ACP Market Value, By Resolution, 2017-2027 (US$ Mn)
8.3.1. Market Analysis
8.4. North America ACP Market Value, By Brightness, 2017-2027 (US$ Mn)
8.4.1. Market Analysis
8.5. North America ACP Market Value, By End-user, 2017-2027 (US$ Mn)
8.5.1. Market Analysis
8.6. North America ACP Market Value, By Region/Country, 2017-2027 (US$ Mn)
8.6.1. Market Analysis
8.6.2. U.S.
8.6.3. Rest of North America
9. Europe Advanced Cinema Projector (ACP) Market Analysis, 2017-2027 (US$ Mn)
10. Asia Pacific Advanced Cinema Projector (ACP) Market Analysis, 2017-2027 (US$ Mn)
11. Rest of the World Advanced Cinema Projector (ACP) Market Analysis, 2017-2027 (US$ Mn)
12. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/er6g90
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