Menlo Park, California, USA – December 20, 2012. Pacific Media Associates (PMA), the global market information experts on the projector category, has released their latest industry forecasts for the worldwide projector market. An 18% growth rate – to 11.3 million units worldwide – is expected for the projector industry in 2013. And, there are some especially bright spots in several industry segments which are expected to contribute significantly to this growth.
Solid state illumination (SSI) projectors are expected to outperform the overall market, though growth continues to be hindered somewhat by ongoing budget constraints in the US and Western European education markets. Despite that, PMA anticipates strong future growth for this segment based on the expectation that several additional manufacturers will begin selling SSI projectors beginning in 2013.
While the D-Cinema conversions for major cinema chains worldwide is slowing, a crop of new lower-cost models geared at smaller, independent theaters and other public venues will continue to move this segment forward at a better pace than previous forecasts showed. This is especially true in China, Latin America, the Middle East and Africa.
The PMA forecast for the worldwide home theater market is also positive, with the expectation for solid growth in future years, as home theater projector trends will be positively impacted by major sporting events such as the 2014 Winter Olympics in Russia, the 2014 World Cup in Brazil, 2016 Euro Football in France, and the 2016 Winter Olympics in Brazil.
Another area of strong anticipated growth is in the New Era Integrated projector segment, for models built-in to other host devices, such as cell phones, cameras and camcorders. PMA has forecast a very strong 68% growth rate for this segment, to over 1.4 million units worldwide in 2013, and expects unit volume to again more than double in 2014.
About Pacific Media Associates
Pacific Media specializes in worldwide front projector market information, including New Era (sub-1000 lumens), Mainstream (1000-3999 lumens), and High-End (4000+ lumens) categories. Their Industry Service family of publications provides detailed worldwide quarterly updates (sell-in data and forecasts) on front projector markets, newsletters on new products and other key industry developments, and biennial Web surveys of North American dealers and end users (including organizations and individual consumers). Their Tracking Service family of monthly reports offers timely sell-through data and analysis on unit sales, true volume-weighted street prices, and inventories of front projectors sold by leading North American retailers, resellers, and distributors. Pacific Media Associates was established by Dr. William Coggshall, who was a co- founder of Dataquest (now part of Gartner) and helped start the syndicated high-tech market information business. The company headquarters is at 1060 Siskiyou Drive, Menlo Park, CA 94025. Telephone +1 650-561-9020 www.pacificmediaassociates.com