Projection Mapping Market is expected to witness significant growth in the forecast period of 2019-2026, registering a CAGR of 22.3%, raising its initial estimated value from USD 1.28 billion in 2018 to an estimated value of USD 6.42 billion by 2026. This growth trend can be attributed to the rising advancements in viewing technology and increased number of 3D and 4D content being produced.
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Market Key Competitors/Players:
- Panasonic Corporation,
- SEIKO EPSON CORP,
- Barco,
- Christie Digital Systems Inc.,
- BenQ Corporation,
- Digital Projection,
- Coretronic Corp,
- NEC Display Solutions Ltd.,
- DELTA ELECTRONICS INC.,
- Green Hippo,
- AV Stumpfl GmbH,
- Resolume B.V.,
- HeavyM,
- garageCube, V
- iewSonic Corporation,
- NuFormer,
- Barco.
Competitive Analysis:
The Global Projection Mapping Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Projection Mapping Market for global, Europe, North America, Asia Pacific and South America.
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Market Drivers:
- High rate of adoption and increasing demand of projection mapping in various events
- Marketing expenses and promotional investment has increased, which is driving the market growth
Market Restraints:
- High cost and maintenance requirements of these products, which require skilled workforce of which there is a lack of is expected to restrain the market growth
- Projection mapping technology is deemed ineffective under sunlight, which acts as a major restraint for its growth
Global Market Segmentation:
By Offering:
- Hardware
- Projector
- Digital Light Processing (DLP)
- Liquid Crystal Display (LCD)
- Media Server
- Mapping Software
By Throw Distance:
- Short Throw
- Standard Throw
By Dimension:
- 2-Dimension
- 3-Dimension
- 4-Dimension
By Application:
- Events
- Festival
- Large Venue
- Retail/Entertainment
- Others
- Simulations
- Auditoriums
- Universities
By Geography:
- North America
- US
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Rest of South America
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Turkey
- Belgium
- Netherlands
- Switzerland
- Rest of Europe
- Asia-Pacific
- Japan
- China
- South Korea
- India
- Australia
- Singapore
- Malaysia
- Indonesia
- Thailand
- Philippines
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Egypt
- Saudi Arabia
- United Arab Emirates
- Israel
- Rest of Middle East and Africa
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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