North America Projector Screen Market is expected to reach US$ 2,819.25 Mn by 2027

Fixed Frame Segment to Dominate North America Projector Screen Market during 2020–2027

According to The Insight Partners market research study on “North America Projector Screen Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast Type and End User,” is expected to reach US$ 2,819.25 million by 2027 from US$ 1,714.71 million in 2020. The market is estimated to grow at a CAGR of 7.7% from 2021 to 2027. The report provides trends prevailing in the North America projector screen market along with the drivers and restraints pertaining to the market growth. Growing demand for portable projector screens and increasing adoption from home and non-traditional users are the major factor driving the growth of the North America projector screen market. However, presence of alternative solutions hinders the growth of North America projector screen market.  

In case of COVID-19, North America is highly affected specially the US. During the COVID-19 pandemic, approximately 2/3rd of the Americans is forced to work remotely. The lockdown announced by various governments across the North America 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 in North America. With businesses across North America started to reopen in later 2020, several companies are still choosing to opt for the WFH strategy and even to reduce their previous capacity for an extended period, which is expected to have negative impact on the projector screen market growth. Also, COVID-19 pandemic is having a huge impact on construction projects in the US, but the legal implications differ from contract to contract. On the contractual side, great focus is now being given to the wording of standard forms in NEC. The slowdown of construction projects is further impacting the growth of the market. Moreover, the loss in revenues is expected to restrain several enterprises to invest in new projector screens as they are cutting their budgets to moderate the losses.

The North America 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 North America 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; Custom Display Solutions, Inc.; Draper, Inc.; Elite Screens Inc.; Grandview Crystal Screen Co. Ltd.; LEGRAND AV INC.; Seiko Epson Corporation (Seiko Group); SnapAV; Stewart Filmscreen are among the leading companies in the North America 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, Elite Screens Inc. had announced that it would exhibit its Saker Tab-Tension CineGrey 5D electric screen at InfoComm 2019. Saker Tab-Tension electric projector screen now has the feature of 5D ambient light rejecting and ceiling light rejecting CLR-S material.

The report segments the North America Projector Screen Market as follows:

North America Projector Screen Market – By Type

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

North America Projector Screen Market – By End User

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

North America Projector Screen Market – By Country

• US
• Canada
• Mexico