The Pico Projector industry is expected to be valued at $4.97 Billion by 2023.

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 The Pico Projector Industry is expected to be
valued at 4.97B by 2023. The fastest growing
application will be consumer electronics.
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Asia Pacific region holds the largest market
share in the Pico Projector Market and is
anticipated to reach 2.2 billion by 2023.
Smartphone companies are continuously developing
new models and it is complemented with
advancements in display technologies. Such
advancements including better resolution and
brightness are also leading to several problems
such as high power consumption, while increasing
the total cost of ownership.
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3
Selected Analysis Done in the Full Report
The advantages of using laser sources for the
illumination of micro display based projection
displays are compelling in comparison to other
technologies. The displays enabled by laser
projection technology improve image brightness,
power efficiency and image contrast, make
possible a wider gamut of colours, reduce size of
both the illumination source and the optical
system, and improve the depth of field for
focus-free usage.
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Excerpts on Market Growth Factors

• Although high volume of people watch online
  videos and news on their smart phones, very few
  actually like the experience of watching movies,
  videos and news on their smart phones.
• Compatibility of device with different types of
  displays, will act as the major driver for
  adoption. In addition, this will significantly
  improve users experience. The strength of the
  device for automotive application will lay in its
  compatibility with different types of heads-up
  displays (HUDs) reflective, re-emissive and
  combiner.

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Key Players of the Pico Projectors Market

• 3M Co.
• Sony Corporation
• AXAA Technologies
• Optoma Technologies, Inc
• BenQ Corporation
• And 15 more

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