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Pico Projector Market - Key Revenue Pockets

The pico projector market in electronics and semiconductor industry has created a new revenue stream in the electronics industry, with Texas Instruments Inc. and MicroVision Inc. emerging as the market leaders. The pico projector is basically a technology associated component with portable devices such as mobile phones, tablets, digital cameras in order to project the content on the screen or wall. This report highlights the importance of pico projectors in modern technology and details the various crucial aspects related to this industry.

The pico projector market is very dynamic and the involvement of a proper supply chain has helped the industry reach new heights. Due to the improvements in the effective supply chain and distribution, the pico projector industry has grabbed the attention of the pico projector device manufacturers, pico projector product manufacturers, and numerous venture capitalists, so as to generate more revenue with the help of high quality products and systems.

Texas Instrument Inc. was the pioneer to launch the DLP pico projector in the market. Continuous research & developments have enabled the company to penetrate the market. It has recently announced the mass production of their 0.3" 720p TRP DLP pico chipset and DLP4710. Recently in CES, the company has showcased more than a dozen new products featuring its award-winning DLP Pico(TM) technology and also announced the production delivery of WVGA resolution (854x480) DLP Pico(TM) chip that provides native DVD images from the palm of hand. Therefore, it is emerging as the major pico projector device manufacturer, followed by MicroVision, Inc. (U.S.) and Texas Instruments Inc.

MicroVision, Inc. (U.S.) is emerging as a major company in the recent years due to various innovations in terms of products, devices, technologies, and systems. It is currently leading the market for Laser beam steering pico projectors. Recently in January 2015 at CES, the company introduced the world’s first HD laser pico projectors that incorporate PicoP display technology.

The Pico projector is a diverse sector and has many applications like automotive, aerospace and defense, consumer electronics, industrial, corporate, educational, and healthcare. The business & education and consumer electronics applications accounted for the highest market share in 2014. The Pico projector market is in its growth stage; and to increase its growth, it needs to analyze and implement a new approach in an already saturated market.

The companies involved in the development of pico projector include Aaxa Technologies Inc. (U.S.), Acer Inc. (Taiwan), AIPTEK International, Inc. (Taiwan), Coretronic Corporation (Taiwan), Lemoptix SA (Switzerland), MicroVision, Inc. (U.S.), Sony Corporation (Japan), STMicroelectronics N.V. (Switzerland), Syndiant Inc. (U.S.), and Texas Instruments Inc. (U.S.).

Related Reports:

Pico Projector Market by Product Type (USB, Stand-Alone, Embedded), Technology (DLP, LCOS, LBS), Brightness, Number of Pixels, Component, Application (Consumer Electronics, Automotive, Healthcare and Business), and Geography - Forecasts to 2020

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