Laser technologies spur healthy growth in projector market
Worldwide projector shipments are set to be 20% higher than 2011 spurred by outstanding growth in solid-state illumination products, according to research body Pacific Media Associates (PMA).
With units set to top the 11 million mark this year PMA are forecasting a healthy trade in short-throw and solid-state illumination technologies such as laser, hybrid laser/LED and LED projectors.
"Ultra-short-throw projectors and medium-throw projectors will remain strong segments in the projector industry, and are expected to show better than 25%+ combined annual growth though the forecast period," said Dr. William Coggshall, president of Pacific Media Associates. "But manufacturer strategies, government funding, and price sensitivities will continue to influence the mix of these projectors around the world. For example, markets like the United States, Western Europe, Canada, and Japan will move closer to a 50/50 mix of ultra-short-throw vs. medium-throw. However, Australia is expected to maintain its strong preference for ultra-short-throw over medium-throw while China will show a heavier mix of medium-throw in the near term.
Strong growth is expected for hybrid projectors and laser-based projectors as they increasingly show up in classrooms, conference rooms and cinemas by late 2013.