A recent report published by Infinium Global Research on advanced
cinema projector market provides in-depth analysis of segments and sub-segments
in the global as well as regional advanced cinema projector market. The study
also highlights the impact of drivers, restraints, and macro indicators on the
global and regional advanced cinema projector market over the short term as
well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of the global advanced cinema projector market.
According to the report, the global advanced cinema projector market is
projected to grow at a CAGR of 7.3% over the forecast period of 2019-2025.
The global advanced cinema projector market is expected to
experience the significant growth rate in the next few years owing to growing
adoption of advanced cinema projector in cinema halls, auditoriums, and even at
homes. Furthermore, the advantages offered by the advanced cinema projector are
flexibility, portability, incredible brightness, and color accuracy, drive the demand of the market. Additionally, growing disposable income coupled with
applications like smaller entertainment venues are key factors escalating the
growth of the advanced cinema projector market over the forecast period.
Besides that, applications such as higher education classrooms, corporate
meeting rooms and retail stores have a positive impact on market growth.
However, high maintenance cost associated with advanced cinema projectors could
hamper the market growth. Furthermore, technological advancements in cinema
projectors, growing demand for high resolution and increasing inclination
towards the entertainment likely to augment the global advanced cinema
projector market in the next few years
The Asia-Pacific region dominates the global advanced cinema
projector market throughout the forecast period. The growth of this region is
attributed owing to growth in a number of cinema halls and multiplexes coupled
with a high penetration rate of advanced technologies. China is anticipated to
hold maximum share in the advanced cinema projector market in Asia-Pacific,
followed by India. The presence of leading manufacturers such as Panasonic
Corporation, LG Electronics Inc., Canon Inc., Sony Corporation and many other
companies dominate the market share in the Asia-Pacific region. for instance,
Canon Inc. launched LX-MH502Z, a single-chip DLP laser projector. This new
model uses an innovative four-way pixel shift technology with 4K
ultra-high-definition 3840 x 2160 resolution.
The report on the global advanced cinema projector market covers
segments such as technology, resolution, and application. On the basis of
technology, the sub-markets include DLP, and LED. On the basis of resolution,
the sub-markets include less than 2K, and 4K. On the basis of application, the
sub-markets include residential, and commercial.
The report provides profiles of the companies in the market such
as Panasonic Corporation, and The Christie group,
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the advanced cinema
projector market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.