Global Projector Screen Market 2017 To Grow At A Splendid Cagr of 16.13% by 2021

“Global Projector Screen Market”
Orbis Research Presents Global Projector Screen Market 2017-2021 has been prepared based on an in-depth market analysis with inputs from industry experts.

Description

The Following Companies As The Key Players In The Global Projector Screen Market: Da-Lite, Elite Screens, Silver Ticket, and Stewart Filmscreen.

Other Prominent Vendors in the market are: AccuScreens, Barco, Custom Display Solutions, DNP, Draper, Epson, Glimm Display, Grandview Crystal Screen, Harkness Screens International, Screen Innovations, Screen Research, Severtson Screens, SnapAV, Swastik Telon, and Vutec.

Commenting on the report, :“The latest trend gaining momentum in the market is increasing adoption of motorized projection screens. The introduction of motorized projection screens is another major trend witnessed in the global projector screen market. These are wall or ceiling mounted projector screens that can be operated by pushing a button. Motorized projection screens eliminate the inconvenient manual operation of pulling and pushing. These screens are ideal for business presentations and home theaters. Motorized projection screens are preferred over fixed frames as they do not occupy a permanent place.”

According to the report, one of the major drivers for this market is availability of various projector screens. Global projector screen market offers multiple varieties of projection screens to end-users. Their price ranges vary with different sizes and quality. Projector screens with bigger size and better quality are priced high. For instance, basic projector screens of 15 inch are priced at $60, whereas 220 inch and above screens are priced around $12,000-$14,000 and include HDTV format, motorized electric operation, and ceiling recessed installation.

Covered in this report

The report covers the present scenario and the growth prospects of the global projector screen market for 2017-2021. To calculate the market size, the report considers the shipments, sales, volume, and value of the projector screens.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Further, the report states that one of the major factors hindering the growth of this market is technological obsolescence. Because of the rapid technological evolution, manufacturers need to constantly update their products to incorporate new technologies, which otherwise tend to be outdated every six months. For instance, the life cycle of projector screens is very short, and hence required to be replaced in every 2-3 years. This leads to an additional expense of the product along with its installation. To avoid such technological limitations, vendors are compelled to innovate and introduce new features to keep pace with the developing technology.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors..

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