Europe Projector Screen Market is expected to reach US$ 2,758.92 Mn by 2027

PRESS RELEASE BY The Insight Partners 04 Feb 2021

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Media and Entertainment Segment to Dominate Europe Projector Screen Market during 2020–2027

According to The Insight Partners market research study on “Europe Projector Screen Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast Type and End User,” is expected to reach US$ 2,758.92 million by 2027 from US$ 1,535.84 million in 2020. The market is estimated to grow at a CAGR of 9.2 % from 2021 to 2027. The report provides trends prevailing in the Europe projector screen market along with the drivers and restraints pertaining to the market growth. Escalation in the adoption from home and non-traditional users and rising demand for portable projector screens are the major factor driving the growth of the Europe projector screen market. However, availability of alternative solution hinders the growth of Europe projector screen market.  

In case of COVID-19, Europe is highly affected specially the UK and Italy. Both countries are expected to suffer an economic hit due to a lack of revenue from various industries, as both recorded the highest number of coronavirus cases. Other member states had implemented drastic measures and travel restrictions, including partially closing their borders. Moreover, countries in the region, including Germany, France, and Belgium, have witnessed a second wave of the virus and have announced lockdown for the second time in November 2020. The lockdown announced by various governments across the Europe had resulted in temporary shutdown of offices, schools, cinema halls, manufacturing plants, and venues. This had negatively impacted the market for projector screens. However, with people maintaining social distancing and staying at their homes, the demand for projector screens by the personal segment witness a slight growth. Additionally, with the relaxation of lockdown in later half of 2020, the demand is again expected to spike attributed to the implementation of advanced technologies by the enterprises such as video conferencing to continue maintain minimum human interaction.

The Europe projector screen market is segmented on the basis of types, end user, and country. Based on types, the market is segmented into fixed frame, tripod, folding frame, floor rising/pull up, electric, manual, and others. The fixed frame segment dominated the Europe market in 2020. The tripod segment is expected to be fastest growing during forecast period. Based on end user, the market is segmented into education, media and entertainment, healthcare, government and defense, commercial, personal, and others. The media and entertainment industry dominated the market in 2020 and healthcare industry is expected to be fastest growing during forecast period.

Barco NV; Draper, Inc.; Elite Screens Inc.; Glimm Display; Grandview Crystal Screen Co. Ltd.; LEGRAND AV INC.; Seiko Epson Corporation (Seiko Group); Stewart Filmscreen are among the leading companies in the Europe projector screen market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Glimm Display has received the order for a big roll out in Casinos in the UK for window projections. The size of the window is bigger than 100 inches, so 180 x 280 cm.

The report segments the Europe Projector Screen Market as follows:

Europe Projector Screen Market – By Type

  • Fixed Frame
  • Tripod
  • Folding Frame
  • Floor Rising/Pull Up
  • Electric
  • Manual
  • Others

Europe Projector Screen Market – By End User

  • Education
  • Media and Entertainment
  • Healthcare
  • Government and Defense
  • Commercial
  • Personal
  • Others

Europe Projector Screen Market – By Country

  • France
  • Germany
  • Italy                      
  • UK
  • Russia
  • Rest of Europe
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