Projector Screen Market to Grow at a CAGR of 9.6% to reach US$ 13503.98 Million from 2020 to 2027

Projector Screen Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type (Fixed Frame, Tripod, Folding Frame, Floor Rising/Pull Up, Electric, Manual, and Others) and End User (Education, Media and Entertainment, Healthcare, Government and Defense, Commercial, Personal, and Others)

Publication Month : Dec 2020

  • Report Code : TIPTE100001146
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 153
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The projector screen market was valued at US$ 7327.96 million in 2020 and is projected to reach US$ 13503.98 million by 2027; it is expected to grow at a CAGR of 9.6% during 2021–2027.

The entertainment industry is evolving with technology as watching movies, events, shows, and other media on small screens is shifted toward large screens. Large portable projector screens and projectors are available at low price, which increases the adoption of portable products. Customers prefer portable projector which is easy to setup at any location for temporary purpose. Increasing number of outdoor events, rooftop restaurants, hotels, and sports is propelling the adoption of portable projector screens to setup the screen easily. Moreover, market players are offering enhanced products that support portable operations to meet the customer demand. For instance, in November, 2019, Elite Screens, provider of advanced projector screens introduced new Elite Projector line, which offers a package of portable devices such as screen and projector to experience outdoor movie viewing for customers. Similarly, Suzhou Azure Image Audio Visual Equipment Co., Ltd company introduced PVC soft matt formed simple fold screen for the easy portability application. Customers are demanding portable solution such as on-the-go projectors with screens for presentation, movie experience, and other purposes. As a result, portable projector screens are witnessing higher demand, which is augmenting the market growth.

Impact of COVID-19 Pandemic on Projector Screen Market

Due to COVID-19 pandemic, several business organizations have been pushed to reduce their operations owing to lockdowns announced by several governments worldwide. Though the impacts on diverse businesses are well-known, the technology sector is also facing the largest disruption in recent remembrance. The lockdown announced by various governments across the globe resulted in temporary shutdown of offices, schools, cinema halls, manufacturing plants, and venues. This had negatively impacted the projector screen market. However, as  people are maintaining social distancing by staying at homes, the demand for projector screens by the personal segment is witnessing growth. Additionally, with the relaxation of lockdown, the demand is again expected to spike owing to the implementation of advanced technologies by the enterprises.

Lucrative Regions of Projector Screen Market

Lucrative Regions of Projector Screen Market

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Market Insights–Projector Screen Market

Growing Demand for Cinema Projector Screens in Developing Nations Fuels Market Growth

The projector screens are getting more demand from the developing nations owing to low-cost and growing digitalization. Companies, schools, governments, and other sectors are transforming their operation into digital platform and adapting new digital technologies such as projectors smartphones, tablets and other advanced systems. Increasing digitalization in developing nations creates opportunity for the market players to introduce their products into media and entertainment, corporate, and education sectors. The increasing number of movie theaters in developing nations such as China and India create opportunity for new projector screen installations. For instance, in July, 2019, IMAX China and South Korean cinema chain CGV formed partnership to roll out 40 new theatres across China. The cinemas are built using IMAX’s new laser projector technology for brighter and sharper resolution. Similarly, in December 2018, PVR, an Indian cinema company announced the installation of 150 screens using Barco cinema projectors in India. Such growing cinema industry in developing nation is driving the growth of the market.

Type-Based Insights

Based on type, the projector screen market is sub-segmented into fixed frame, tripod, folding frame, floor rising/pull up, electric, manual, and others. The tripod segment is projected to grow at a higher CAGR during the forecast period.

Projector Screen Market, by Type (% Share)

Projector Screen Market, by Type (% Share)

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Note: The inner circle represents market shares for 2020, and the outer circle represents market shares for 2027.

Source: The Insight Partners Analysis, Primary Interviews, Magazines and Journals, and Secondary Sources

End User-Based Insights

Based on end user, the projector screen market is further segmented into education, media and entertainment, healthcare, government and defense, commercial, personal, and others. The media and entertainment segment led the market in 2020. Technological developments have improved presentation styles in schools, government offices, events, and other places. Further enhancements, such as high resolution and brightness, in projectors are generating the demand for supportive screens.

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Projector Screen Market: Strategic Insights

projector-screen-market
Market Size Value inUS$ 7327.96 Million in 2020
Market Size Value byUS$ 13503.98 Million by 2027
Growth rateCAGR of 9.6% from 2020-2027
Forecast Period2020-2027
Base Year2020
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The projector screen market players are focusing on the development of advanced and efficient products.

  • In 2020, Barco NV announced that Collins Aerospace had chosen Barco FS40-4K MKII projectors for a prestigious, international advanced jet trainer program.
  • 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 (180 x 280 cm).

The global projector screen market has been segmented as follows:

Projector Screen Market – by Type

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

Projector Screen Market – by End User

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

Projector Screen Market – by Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Rest of SAM

Projector Screen Market – Company Profiles

  • Barco NV
  • Custom Display Solutions, Inc.
  • Draper, Inc.
  • Elite Screens Inc.
  • Glimm Display
  • LEGRAND AV INC.
  • Seiko Epson Corporation (Seiko Group)
  • SnapAV
  • Stewart Filmscreen
  • Grandview Crystal Screen Co.Ltd.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type and End User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What are reasons behind projector screen market growth?

Consumers are transforming their television system into advanced projectors and screens to experience big screen projections. Home Cinema Theater, outdoor projectors, and rooftop restaurants with screens, among other new trends are playing major role in promoting the growth of the projector screen market. Increasing awareness and reduced cost through new technology is making projector screens a valuable solution for end users. Corporate offices, boardrooms, conference halls, and mini auditoriums, among others have strong adoption of projector screens and its sustaining with new development in mounting operation of projector screens.

What are market opportunities for projector screen?

Advanced LED screens are getting introduced in the market with premium HD quality of video as well as high resolutions. The new LED screens are offering high picture quality across the screen surface without any distortion. For instance, in May 2018, Samsung introduced new Onyx Cinema LED screens as a replacement for projectors in theatres.

Which type is expected to dominate the market in the forecast period?

The projector screen market is led by fixed frame segment and is expected to dominate in the forecast period. The availability of a wide variety of screen materials to produce improved picture quality makes the fixed frame projector screens superior of all projector screens.

The List of Companies - Projector Screen Market

  1. Barco NV
  2. Custom Display Solutions, Inc.
  3. Draper, Inc.
  4. Elite Screens Inc.
  5. Glimm Display
  6. LEGRAND AV INC.
  7. Seiko Epson Corporation (Seiko Group)
  8. SnapAV
  9. Stewart Filmscreen
  10. Grandview Crystal Screen Co.Ltd.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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