Menlo Park, California, USA – September 26, 2012. Pacific Media Associates (PMA), the worldwide market information experts on front projectors, has just released their latest quarterly forecast for the projector industry. Expectations are that sales of home theater projectors will hit $915 million by year end with strong growth on both a volume and revenue basis over 2011.
“During last year’s holiday season, sales of home theater projectors hit an all-time high,” said Michael Abramson, Vice President of Pacific Media Associates. “We expect another new high this holiday season. Attractive offerings in the sub-US$1000 segment are tempting new buyers in both developed and developing countries. And in the mid range and high-end segments, manufacturers have refreshed their lineups with performance improvements across a range of features such as brightness, native contrast ratio, wireless capabilities, and 3D.”
In terms of shipments, the two main resolutions – native 1080p and native 720p – are forecast to register double-digit growth this year with gains across a variety of channels, including storefronts, online, and home theater installers. Sales of 4K home theater projectors were launched on a worldwide basis earlier this year. So this will be their first full holiday season of availability.
About Pacific Media Associates
Pacific Media Associates 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, blogs/alerts/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