The Projector Screen Market size is projected to reach US$ 20347.34 million by 2031 from US$ 9768.53 million in 2023. The market is expected to register a CAGR of 9.6% in 2023–2031. The innovation in screen technology is likely to remain a key projector screen market trend.
The entertainment industry is advancing with technology as watching events, shows, movies, and other media on small screens is moved toward large screens. The affordability of large portable projection screens and projectors contributes to the growing popularity of portable items. Consumers choose portable projectors that are simple to set up for short-term use anywhere. The popularity of portable projector screens is growing due to the rise in outdoor events, rooftop restaurants, and hotel rooms. Also, customers are demanding portable solutions such as on-the-go projectors with movie experience, screens for presentation, and other purposes. As a result, portable projector screens are witnessing more demand, which is augmenting the projector screen market growth.
A projection screen is an installation containing a surface structure and support motly used to display a projected image for viewers viewing. A meeting room or other non-dedicated display area can use portable projection screens with floor-rising or tripod versions, or they can be fixed permanently in a movie theatre or painted on the wall. Meetings and conferences are usually held in front of these screens in the corporate world.
Projector displays are being fitted with cutting-edge technologies to improve the viewing experience and image quality. Screens that reject ambient light (ALR) are growing in popularity because they improve sight in well-lit areas. These screens are perfect for home cinemas and business environments where ambient light management is difficult.
Because UST projector screens can display enormous images from a short distance, they take less space and provide greater installation options, which is why they are becoming more and more popular. In urban environments and compact spaces where space is at a premium, these screens are especially appealing. Additionally, because they are convenient and adaptable, motorized and configurable projector screens are becoming more and more popular. Luxurious home cinemas and upscale corporate boardrooms are increasingly utilizing remote-controlled motorized screens. Thus, the rise of Ultra-Short-Throw (UST) projector screens is anticipated to present new opportunities for the projector screen market players during the forecast period.
Key segments that contributed to the derivation of the projector screen market analysis are type and end user.
The geographic scope of the projector screen market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America. In terms of revenue, North America accounted for the largest projector screen market share. The primary factors propelling the growth of the projector screen market in North America are the rising demand for portable projector screens and their increasing use by non-traditional and home users. Also, the development of the projector screen market in North America is being significantly aided by new trends such as rooftop restaurants with screens, outdoor projectors, and home theatres.
The projector screen market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders and strategies:
(Source: Harkness Screens, Press Release)
(Source: Samsung, Press Release)
The “Projector Screen Market Size and Forecast (2023–2031)” report provides a detailed analysis of the market covering below areas:
The regional trends and factors influencing the Projector Screen Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Projector Screen Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 9768.53 Million |
| Market Size by 2031 | US$ 20347.34 Million |
| Global CAGR (2023 - 2031) | 9.6% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Projector Screen Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Projector Screen Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The global projector screen market was estimated to be US$ 9768.53 million in 2023 and is expected to grow at a CAGR of 9.6% during the forecast period 2023 - 2031.
The rise of Ultra-Short-Throw (UST) projector screens and innovations in screen technology are the major factors that propel the global projector screen market.
Innovation in screen technology is anticipated to play a significant role in the global projector screen market in the coming years.
The key players holding majority shares in the global projector screen market are Barco NV, Custom Display Solutions, Inc., Draper, Inc., Elite Screens Inc., Glimm Display, LEGRAND AV INC., Seiko Epson Corporation (Seiko Group), SnapAV, Stewart Filmscreen, and Grandview Crystal Screen Co.Ltd.
The global projector screen market is expected to reach US$ 20347.34 million by 2031.