Press Releases

The Pico Projector market is anticipated to grow at a significant pace i.e. 11.2% CAGR during the forecast period as it provides a convenient way to protect the contents of these devices onto any surface, including walls, notebooks, or airport meal trays. The surge in demand for consumer electronics such as smartphones and tablets particularly in emerging economies like India, China, etc. owing to rising disposable income and mounting government reforms will rapidly develop the growth of the global Pico projectors market. Moreover, the integration of Pico Projectors in mobile handsets, portability, decreasing average selling price, and increased application will accelerate the growth of the Pico Projector industry. Furthermore, the Pico projector modules are being embedded into a variety of devices, including digital cameras, digital camcorders, digital photo frames, computers, portable media players, mobile TVs, and portable gaming devices, resulting in the market growth of Pico Projectors, Also, the Pico projectors are widely deployed in the automotive sector for image projection systems in vehicles. Thus, the rising demand for portable and handy electronic devices which can fit in their backpacks or pockets will propel the growth of the market.

The pico projector market refers to the industry that offers compact and portable projectors capable of displaying content on various surfaces, such as walls, screens, or even the palm of a hand. Pico projectors, also known as handheld projectors or mini projectors, have gained popularity due to their small size, lightweight design, and ease of use. They provide a convenient solution for on-the-go presentations, entertainment, and sharing media content.

Here are some key aspects and trends in the pico projector market:

Technology: Pico projectors utilize various technologies to project images, including Digital Light Processing (DLP), Liquid Crystal on Silicon (LCoS), and Laser Beam Steering (LBS). These technologies enable high-quality image projection, improved brightness, and energy efficiency.

Connectivity: Pico projectors often feature multiple connectivity options, such as HDMI, USB, Wi-Fi, or Bluetooth, allowing users to connect to different devices like smartphones, tablets, laptops, or gaming consoles. Wireless connectivity has become increasingly important, enabling easy content sharing without the need for cables.

Resolution and Image Quality: Pico projectors offer different resolution options, including standard definition (SD), high definition (HD), and even Full HD (1080p) or 4K Ultra HD in some advanced models. Improvements in image quality, color accuracy, and contrast ratios enhance the viewing experience.

Portability and Design: Pico projectors are designed to be compact, lightweight, and highly portable. They are often small enough to fit in a pocket, making them convenient for traveling, business presentations, or impromptu movie nights. Manufacturers focus on sleek designs and user-friendly interfaces.

Application Areas: Pico projectors find applications in various fields, including business and professional use, education and training, home entertainment, gaming, and outdoor activities. They are utilized for presentations, training sessions, movie streaming, gaming on a larger screen, and sharing photos or videos with friends and family.

Market Players: The pico projector market includes both established electronics manufacturers and emerging startups. Companies such as Sony, LG, AAXA Technologies, Optoma, Anker, and Philips are among the prominent players in this space. These companies compete by offering features like improved brightness, longer battery life, better connectivity, and enhanced image quality.

The pico projector market has witnessed steady growth due to the increasing demand for portable and flexible display solutions. Advancements in technology, declining costs, and the rising popularity of mobile devices have contributed to the market's expansion. However, it's important to note that the market can be influenced by factors such as consumer preferences, technological advancements, and competition, which can shape product offerings and market dynamics over time.

In March 2022, AAXA Technologies announced the launch of the AAXA P8 Mini Projector. The AAXA P8 Mini Projector is a pocket-sized, high-powered next-generation solid-state mini projector. The AAXA P8 Mini HD Projector features a 4th generation Texas Instruments DLP imager and an Android 10.0 operating system with wireless screen mirroring, Bluetooth networking, and video streaming capabilities. The P8 delivers a bright 430 Lumens and can display a dazzling 100" image owing to extremely efficient Luminus 30,000-hour LEDs.

The COVID-19 pandemic has led to a substantial decline in the sale of consumer electronics goods. China, being the prominent supplier of raw material and finished products was also impacted by the coronavirus. Thus, the consumer electronics sector is challenged by reduced production, supply chain disruptions, and fluctuation in prices. These all factors will impact the growth of the global Pico projector market.

Browse 53 market data Tables and 35 Figures spread through 200 Pages and in-depth TOC on " Pico Projector Market by Type (USB Projector, Embedded Projector, Laser Projector, Media Player Projectors, and Standalone), by Technology (Liquid Crystal on Silicon, Laser Beam Steering, Holographic Laser Projection, and Digital Light Processing), by Application (Aerospace and Defense, Healthcare, Education, Automotive, Consumer Electronics, and Others), and Region - Global Forecast to 2030"

By technology, the Digital Light Processing (DLP) segment dominates the market in 2023.

The DLP dominates the market owing to its two significant factors i.e., sealed imaging chips and filter-free chips. Also, DLP chips eliminate the dust particles entering the projected image and do not require air filters, thus reducing maintenance costs. The market for DLP technology is growing significantly owing to the adoption of new DLP chip applications like LED pico projectors, which have quick response time, include 3D capabilities, and produce clear images.

Global Pico Projector Market Segmentation and Key Players

Discover More About This Report, Download A Free Sample Copy of the Global Pico Projector Market

“North America contributes the largest share in the Pico Projector market.”

North America dominates the global Pico Projector market owing to well-established IT infrastructure and enhanced semiconductor business in the region. Pico projectors are becoming increasingly popular in the United States and Canada due to their compact size and advanced interface connectivity with Wi-Fi and HDMI. 

Some of the major players in the global Pico Projector market include AAXA TECHNOLOGIES INC., Texas Instruments Incorporated, LG Electronics, Sony Group Corporation, Acer Inc., Coretronic Corp., Tracxn Technologies Limited. (Previous Name was Opus Microsystems Corp.), Koninklijke Philips N.V., Miroir USA., and Seiko Epson Corporation.

Global Pico Projector Market Coverage

Type Insight and Forecast 2025-2030

• USB Projector
• Embedded Projector
• Laser Projector
• Media Player Projectors
• Standalone

Technology Insight and Forecast 2025-2030

• Liquid Crystal on Silicon
• Laser Beam Steering
• Holographic Laser Projection
• Digital Light Processing

Application Insight and Forecast 2025-2030

• Aerospace and Defense
• Healthcare
• Education
• Automotive
• Consumer Electronics
• Others

Geographical Segmentation

Pico Projector Market by Region

North America

• By Type
• By Technology
• By Application
• By Country – U.S., Canada, and Mexico

Europe

• By Type
• By Technology
• By Application
• By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

• By Type
• By Technology
• By Application
• By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Type
• By Technology
• By Application
• By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries