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Projector Screen Market Will Grow At Highest Pace Owing To Technological Innovations In Screen Designs

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Gauri Cmi



The projector screen market comprises screens that are used along with projectors to display images on a large scale. Projector screens enhance the display quality of projected images and provide uniform brightness and clarity. With advancements in screen technology, manufacturers are developing portable, inflatable, and roll-up screens to meet the requirement of compact displays. Projector screens are majorly adopted in educational institutes, corporate sectors, and home theaters.

The Global Projector Screen Market Size is estimated to be valued at US$ 4989.75 Mn  in 2024 and is expected to exhibit a CAGR of 4.1% over the forecast period 2024 to 2031.


Key Takeaways

Key players operating in the projector screen market are Armstrong Medical, Fisher & Paykel Healthcare Limited., Koninklijke Philips N.V., Drägerwerk AG & Co. KGaA, Advin Health Care, Life-O-Line Technologist, Hamilton Medical, Altera, GE Healthcare, Bio-Med Devices, CAE Inc., Medtronic, Great Group Medical Co., Ltd., Vincent Medical Holdings Limited, and Vyaire Medical, Inc. The demand for projector screens is growing owing to surge in usage of projectors across educational institutes and corporate offices. Manufacturers are focusing on developing advanced screen materials that provide optimal viewing quality irrespective of ambient light conditions.

The growing demand for enhanced display solutions across commercial sectors is propelling the projector screen market. Projector screens are witnessing increased adoption in education sector for large-scale classroom presentations. With rising construction of educational buildings and corporate offices, demand for projection screens is growing significantly. Introduction of technologically advanced screen materials is further fueling the market growth.

Technological innovations are expanding opportunities in the projector screen market. Key players are developing portable, inflatable, and roll-up screens to meet the requirements of flexible displays. Materials with high contrast ratio, brightness, and wide viewing angles are gaining traction. Motorized screen solutions are enabling automatic raising and lowering of screens as per presentation needs. Integration of projection screens with wall surfaces is a new trend in the market.

Market Trends

Portable and compact projector screens: Growing demand for flexible displays at events and outdoor venues is driving adoption of portable and inflatable projector screens. Key players are developing ultra-lightweight and compact screens for on-the-go usage.

Motorized screens: Motorized projection screens with automated functions of raising, lowering and adjusting size are gaining popularity in corporate offices and classrooms. Motorized screens offer convenience of remote operation.

Advanced screen materials: Manufacturers are focusing on developing innovative screen materials with properties like anti-glare, high contrast ratio, anti-reflection and wide colour gamut support. Materials ensuring clear display under ambient light are trending in the market.

Impact of COVID-19 on the Projector Screen Market

The COVID-19 pandemic has adversely impacted the global projector screen market. Factors such as nationwide lockdowns, movement restrictions and social distancing norms imposed by governments across the world led to a decline in new installations of projector screens in educational institutions, hospitals, corporate offices and entertainment venues during 2020 and early 2021. However, with the resumption of activities in a phased manner since mid-2021, the demand and sales of projector screens started recovering.

The deployment of work from home and online learning emerged as new opportunities for the projector screen market during the peak pandemic times. Many educational institutions upgraded their infrastructure and started procuring portable and wall-mounted projector screens to facilitate virtual/hybrid learning methods. Similarly, corporate offices provided projector screens to employees working from home. Going forward, the demand for large format and ultra short throw projector screens is expected to grow steadily with the increasing trend of hybrid work models.

Asia Pacific Region Concentrated in Terms of Value for Projector Screen Market

The Asia Pacific region accounts for a major share of the global projector screen market in terms of value. Countries such as China, India, Japan and South Korea have witnessed rapid growth in infrastructure development, urbanization and digitalization in the past decade. This has driven the demand for projector screens across commercial applications like corporate offices, convention centers, shopping malls and educational institutions in the region. Additionally, low manufacturing costs and the presence of leading projector screen manufacturers in China and Taiwan have made APAC an attractive and cost-effective hub for sourcing projector screens.

Europe is the Fastest Growing Regional Market for Projectors Screens

Europe is projected to be the fastest growing regional market for projector screens during the forecast period of 2024 to 2031. This can be attributed to recovery in capital expenditure on corporate and public building renovations post the COVID-19 pandemic. Countries like Germany, UK, France and Italy are witnessing a rising number of installations of large format, surface mounted and short throw projector screens in corporate boardrooms, conference halls, healthcare facilities and auditoriums. Initiatives like the European Green Deal are also driving the replacement of older projection technologies with energy-efficient LED and laser projectors integrated with motorized/manual projector screens.

 

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