World Home Theater Projector Market (7.63% CAGR) Growth to 2020

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RnRMarketResearch.com adds Global Home Theatre Projector Market 2016-2020 latest Industry research report, the analysts forecast global home theater projector market to grow at a CAGR of 7.63% during the period 2016-2020.

The global home theater projector market analyst says one of latest trends in the market is pocket-sized projectors. Pico or pocket projectors are little larger in size than regular cell phones. They can accommodate videos and photos and are considered as multimedia display systems. However, they generally offer comparatively lower brightness than regular projectors. Manufacturers catering to this segment have started introducing HD pico projectors. For instance, in October 2015, Sony introduced its MP-CL1 mobile projector, a pico projector that delivers HD resolution using laser light as a source.

Complete report on home theater projector market spread across 64 pages, analyzing 5 major companies and providing 36 data exhibits are now available at http://www.rnrmarketresearch.com/global-home-theatre-projector-market-2016-2020-market-report.html

According to the home theater projector market report, one of the primary drivers in the market is enhanced gaming and movie viewing experience. The preference for a theater-like movie or gaming experience, on a large screen, is increasing among consumers all across the world. This is one of the primary drivers for the growth of the global home theater projector market. For the desire to watch a Blu-ray movie, or live sports, or just photographs from a mobile device, onto a 100-inch plus screen size, a home theater projector is the ideal choice.

The following companies are the key players in the global home theater projector market: BenQ, Epson, JVC, Optoma, and Sony. Other prominent vendors in the market are: 3M, Acer, Canon, Koninklijke Philips, LG Electronics, Mitsubishi Electric Visual and Imaging Systems, Panasonic, Samsung Electronics, and ViewSonic. Order a copy of Global Home Theater Projector Market 2016-2020 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=733378

APAC is one of the fastest-growing regions in the global home theater projector market. China, Japan, and India are the major revenue contributing countries in this region. The emerging middle-class population of the region with their increasing disposable income is the major driving force in the growth of the market in APAC. With the increasing procurement of expensive products, including advanced audio and video devices, by a large segment of the population, the home theater projector market in APAC will witness a huge growth rate during the forecast period.

The DLP technology accounted for more than half of the total market shares in 2015 and will continue its dominance in the home theater projector market over the predicted period. The use of DLP technology provides extremely high-contrast pictures and leads to faster processing. DLP projectors are lightweight and compact, which make it easier to move from one place to another. Also, vendors are coming up with innovative product designs in terms of ultra-short throw DLP projectors, which are aiding in their popularity and adoption. With the growing demand for high-end home theater systems, especially from the business class, the segment is expected to grow positively in the coming years.

Global Home Theater Projector Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. To calculate the market size, the report considers the revenue generated from the retail sales of home theatre projectors.

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