Smart Home Projector Market (2022-2030) Analysis by type, Resolution, Technology, and Region | Leading Key Players: Sony Corporation, Samsung Electronics

According to the analysis reports by MRFR, the global Smart Home Projector Market for an intelligent is predicted to thrive considerably during the assessment timeframe from 2022 to 2030 at a healthy growth rate of approximately 17.7 %. The reports state that the market was worth USD 1,809.53 million in 2020.

A smart home projector generally refers to a portable device that combines the latest display technologies with smart integrated functionality. The newest generation will connect with content services, home networks, and mobile devices for a smooth viewing experience. The factors such as growing trends of playing video games, changing lifestyles, and emerging economies are catalyzing the growth of the market.

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Smart Home Projector Market Competitive Analysis

The global market for smart home projectors has a robust and competitive landscape. The players across the global market are implementing several new growth policies, such as mergers, acquisitions, partnerships, etc., to strengthen their global market footprint. The list of leading growth contributors across the global market includes companies such as-

• Acer Inc. (Taiwan)
• Vivitek Corporation (Taiwan)
• Optoma (China)
• Seiko Epson (Japan)
• Lenovo (Hong Kong)
• Koninklijke Philips N.V.(Netherlands)
• Sony Corporation (Japan)
• BenQ (Taiwan)
• AAO Projectors (Japan)
• XGIMI Technology Co. (China)
• JVCKENWOOD (Japan)
• LG Electronics (South Korea)
• Samsung Electronics (South Korea)

Recent Developments

• November 2022 – A leading global projection equipment manufacturer, XGIMI Technology Co., Ltd., has disclosed the development of its distribution channels to now includes Best Buy.

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Smart Home Projector Market Segment Analysis

The global market for smart home projectors has been segregated into several segments based on sales channel, region, pricing, technology, type, and resolution.

Based on the type, the global smart home projector market is split into Linux Smart Home Projector and Android Smart Home Projector.

Based on the resolution, the global smart home projector market is divided into 8K (7680 × 4320 pixels), 4K (4096 x 2160 pixels), HD (1920 x 1080 pixels), WXGA (1280 x 800 pixels), XGA (1024 x 768 pixels), and Others.

Based on the technology, the global smart home projector market is split into LCoS, LED, LCD, DLP, and Others.

Based on the pricing, the global smart home projector market is divided into high-end, mid-end, and low-end.

Based on sales channels, the global smart home projector market is fragmented offline and online.

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Smart Home Projector Market Regional Analysis

The global market for smart home projectors is analyzed across five critical geographies: Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.

According to the research reports by MRFR, the North American region secured the top spot across the global market for smart home projectors in the year 2021. The main parameter supporting the growth of the regional market is the growing demand for more efficient and brighter display panels across the region. Furthermore, the growing implementation rate of these projectors across the region is also likely to influence the growth of the regional market over the coming years. the region is known to be the early adopter of advanced technologies such as smartphones, which in turn is also likely to influence the performance of the regional market over the assessment era. The region has the US as the leading growth contributor. The high GDP rate of the developed economies is anticipated to promote the use of luxury smart home appliances over the review era.

The Asia-Pacific regional market for smart home projectors is likely to demonstrate the highest growth rate over the review period. The development of residential infrastructure is considered the primary parameter supporting the growth of the regional market. The region has leading growth contributors such as Japan, China, India, and Taiwan. China is anticipated to lead the regional market over the coming years.

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