HOME › Research Insight › Aaxa Technologies, Inc. (U.S.) is one of the key players in the Pico Projector Market
Aaxa Technologies, Inc. (U.S.) is one of the key players in the Pico Projector Market
Pico projector has been implemented for different purposes in both consumer electronics, and business and education applications. Retail, healthcare, and education are the key business or commercial applications of the pico projector. Pico projector could be used to play digital content, display an advertisement, and make a presentation, among others. The pico projector market is expected to reach USD 3.44 Billion by 2022, at a CAGR of 14.52% between 2016 and 2022. The growth of the pico projector market is propelled by the integration of projection technology with portable electronics products and development of pico projectors with superior features.
Aaxa Technologies, Inc. (U.S.), LG Electronics, Inc. (South Korea), Koninklijke Philips N.V. (Netherlands), Aiptek Global Corp. (Taiwan), and Optoma Technology Corp. (Taiwan) are some of the key players in the pico projector market. New product launches is the key strategy followed by major players to gain a competitive edge in the pico projector market. On the technology front, Texas Instruments, Inc. (U.S.) and MicroVision, Inc. (U.S.) are the suppliers of projection module for DLP- and LBS-based pico projector, respectively. The projection module is considered as the basic building block for the pico projector.
Aaxa Technologies, Inc. (U.S.) is one of the leading companies in the pico projector market. The company has a broad product portfolio with innovative technological development. The company has established a strong brand name owing to its innovative strength, technological excellence, high sustainability, and high product quality. Furthermore, the company also has a strong geographical presence. The company largely focuses on new product launches. For instance, in October 2016, the company launched a cube-sized HD pico projector. Technology innovation enables the company to compete and grow in the pico projector market.
Majority of the pico projectors are developed based on the digital light processing (DLP) technology, which is being patented by Texas Instruments, Inc. (U.S.). DLP technology is one of the revolutionary display solutions which uses optical semiconductor to adjust the light digitally. Texas Instruments, Inc. is fully leveraging its legacy as a technology supplier for cinema and conventional projectors, and hence has been offering state-of-the-art products in the pico projector market. For instance, Texas Instruments, Inc. (U.S.) launched a 0.3 inch HD tilt & roll pixel (TRP) DLP-based pico projector chipset. This chipset can generate a high-definition display and could be used in pico projectors, wearable devices, and augmented reality (AR) applications.
The other key suppliers of the pico projector market, include Sony Corporation (Japan), Lenovo Group Ltd. (China), ZTE Corporation (China), Cremotech Co., Ltd. (South Korea), Miroir USA (U.S), Celluon, Inc. (South Korea), and RIF6, LLC (U.S.).
Pico Projector Market by Type (Embedded, Non-embedded), Technology (DLP, LCoS, LBS), Specification (Brightness, Resolution, Power Source), Application (Consumer Electronics, Business & Education), Components, and Geography - Global Forecast to 2022
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