November 29, 2019
According to the research report titled ‘Global Projection Mapping Equipment Market - By Type (Projectors, Switchers, Others), Rental Market (Type, Event) - Opportunities and Forecast (2018 Edition): Forecast to 2022’ available at MarketStudyReport.com, the global projection mapping equipment market is estimated to grow with a CAGR of 17.33% during the period of 2017-2022.
Escalating expenditure on entertainment services, surging growth of digitalization, coupled with rising number of exhibitions are major factors driving the growth of the projection mapping equipment for the forecast period.
Notably, the research report on projection mapping equipment market discusses and examines the potential growth opportunities. It also provides crucial statistics on revenue shares for each segment. The study further aims to provide top-notch business information in order to help investors to evaluate their investments thoroughly.
As per product type, projection mapping equipment market is categorized into switchers, projectors and others, in which the projectors segment is expected to continue its dominance in the market over the forecast period, due to increasing number of events which require numerous projectors.
In terms of rental spectrum, projection mapping equipment market is segmented according to the projection mapping type, equipment type, and application type.
Considering the geographical landscape, the global projection mapping equipment market is divided into regions namely, Europe, North America, Asia Pacific, and rest of the world, with key focus on countries such as Canada, US, Spain, Germany, China, Japan, Saudi Arabia, and Brazil.
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The report cites that North America projection mapping equipment market held the largest regional share in 2016, owing to rising number of music and sporting events employing projection mapping technology across the region.
The key players in the global projection mapping equipment market are Epson, Sony Electronics, Panasonic, Ross Video, Barco, Christie Digital Systems, Grass Valley, and BenQ.
Additionally, the competitive landscape of projection mapping equipment market is analyzed based on product benchmarking, Porter’s five force analysis, and SWOT analysis in the study. Thorough insight about market dynamics is also outlined.
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