Global Pico Projector Market Analysis and Segment Forecast to 2019

Pico Projectors, known as handheld projectors, are niche technology escorted with portable devices such as mobile phones, cameras, and tablets. These pico projectors provide a convenient way to quickly project the content of these devices onto any surface such as walls, notebooks, or airplane food trays, portable projection screens sized and designed for pico projectors and presenter mobility. A Pico projector uses a laser light sources or an LED which eliminates the need for lamp replacement over the functional life of a pico. The two most significant segments of these projectors include stand alone projectors and embedded projectors. The three major imager technologies for the pico projectors competing for market share include Digital Light Processing (DLP), Liquid Crystal on Silicon (LCoS), and Laser-Beam-Steering (LBS). Some of the product types of pico projector comprise Ferroelectric LCoS (FLCoS), Syndiant’s Syl2041, DLP HVGA, Laser Beam Scanning (LBS), Color Filter LCOS (CF-LcoS).

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The market currently is in the explosive growth time period and is witnessing steep price erosion. One of the key factors driving this market growth is growing integration of pico projectors in mobile handsets. Mobile handsets integrated with pico projectors represent the application area with the highest potential and it is expected to trigger the growth in this market. Moreover, embedding of pico projector modules into other devices including digital cameras, digital camcorders, digital photo frames, laptops, portable media players, mobile TV, and portable gaming devices is boosting the market ahead.

Decreasing average selling price and increase in its applications is also one of the factors contributing to the market growth. With the growing demand for flexibility by end-users, the limited number of features in pico projectors could affect adoption, thereby restraining the...