The Global Pico Projector in USB Market is Expected to Reach $587.9 Million by 2018, at a CAGR of 60.3% From 2013 to 2018

FORT WORTH, Texas, December 12, 2014 — (PRNewswire) —

The market analysis has taken the major regions, namely North America, Latin America, Europe, and Asia-Pacific, in lieu of providing a comprehensive coverage of the global USB pico projector market for the forecast period, 2013 to 2018. The market report also offers an overview of the market shares, value chain analysis, and market metrics, such as drivers, restraints, and upcoming opportunities. Furthermore, the report also provides a detailed description of the competition in the global market, taking into consideration the aforementioned major market players. The other criteria of segmentation include end-users and types, which are also analyzed in detail in the report.

Browse through the TOC of Global Pico Projector in USB Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

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USB Pico projectors are the smallest form of projectors, and they do not include batteries. These projectors are palm-sized and USB-powered. USB Pico projectors also have the capability of providing approximately 100 lumens of brightness and its LED light source lasts over 20,000 hours, while producing excellent color. These projectors also consist of a MicroSD card slot for memory expansion.

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The consumer electronics industry is one of the most important application segments for USB pico projectors. The rising disposable incomes and technological advancements worldwide have led to a huge demand for high-quality consumer electronic goods, especially in the emerging regions such as Latin America and Asia-Pacific. The resultant growth of the consumer electronics industry is expected to be one of the major factors driving the growth of the USB pico projector market, globally. USB type pico projectors are primarily used in a wide range of products for the sole purpose of projecting larger displays, such as smartphones, laptops, notebooks, tablets, digital cameras, video players, HUDs, wearable displays, and gaming devices. The leading players in the USB pico projector market include Optoma Technology, Inc. (U.S.), Acer, Inc. (Taiwan), Koninklijke Philips N.V. (Netherlands), AAXA Technologies, Inc. (U.S.), Aiptek International Inc. (Taiwan), and Samsung Electronics Co., Ltd. (South Korea), among others.

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The Global Pico Projector in Media Player Market is estimated to grow from $294.9 million in 2013 to $592.7 million by 2018, at a CAGR of 15% during the forecast period.

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