According to a market report by Lucintel, the future of the global projector light processing chip market looks promising with opportunities in the commercial projector and home projector markets. The global projector light processing chip market is expected to grow with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are technological advancements in LED and laser light sources and rising government initiatives towards promoting projector adoption.A more than 150-page report to understand trends, opportunity and forecast in projector light processing chip market to 2030 by type (LCD chip, DMD chip, and LCOS chip), application (commercial projector and home projector), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, DMD chip segment is expected to witness the highest growth over the forecast period because it ensure improvement in image sharpness, color accuracy, and overall visual performance.
Within the application category, home projector will remain a larger segment as it is widely used in classrooms and conference rooms.
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In terms of regions, North America is expected to witness the highest growth over the forecast period due to increasing demand in education and gaming sectors and presence of large number of manufactures in this region.
Texas Instruments, OsramOpto Semiconductors, Barco, Sharp, Optomaare the major suppliers in the projector light processing chip market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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