Dallas, TX -- (SBWire) -- 11/26/2010 -- According to a new market research report, ‘Global Pico Projector Market (2010 - 2015)’, published by MarketsandMarkets (www.marketsandmarkets.com), The world pico projectors market revenue is estimated to reach 6080.57 million by the end of 2014, with a compound annual growth rate (CAGR) of 120.56% from the period 2009-2014. The US market is expected to account for nearly 85% of the total market revenue by production and 41.5% by consumption.
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This research report presents an in-depth analysis of the markets for the three major types of projectors, namely, Embedded Projectors, Stand –alone projectors and media Player projectors The report also tracks the major application markets for pico projectors – i.e. Laptops and cellphones – as well as the end-application markets, for stand alone and media player projectors. Each of the above-mentioned markets have been analyzed for the four main geographies of North America, Europe, Asia, and Rest of the World (ROW).
The global Pico projectors market is expected grow from .22 million units in 2008 to 39.08 million in 2014 at a CAGR of 139.11% from 2009 to 2014. Embedded projectors would drive the growth with a CAGR of 203.72 %
The Stand alone projector would dominates the early periods of the market due to its ability to be multi purpose and due to the early commercialization of products The later period would witness a significant growth of embedded projectors due to increase of end use applications of embedded projectors and wide spread acceptability of embedded projectors.
Embedded projectors would be the segment that would drive the growth in the embedded projectors market with reaching 18.09 million units by 2014
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MarketsandMarkets: Global Pico Projectors Market Worth US$6.08 Billion by 2014