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Aaxa Technologies Inc. and Acer Inc. held a significant share of over 10% in the market in 2023. Aaxa Technologies Inc. specializes in designing and manufacturing innovative portable projection solutions. The company delivers compact and high-performance Pico projectors suitable for a wide range of applications. Aaxa's product lineup includes mini projectors, micro projectors, and LED projectors tailored for business presentations, home entertainment, education, and professional use. They emphasize features, such as high brightness, HD resolution, long battery life, and wireless connectivity, to cater to diverse user needs in the market.
Acer Inc. is a multinational technology company. In the pico projector industry, Acer offers a range of compact projection solutions designed for both personal and professional use. Its offerings include portable projectors featuring DLP technology, along with high resolution, brightness, and connectivity options. Acer's Pico projectors provide reliability, affordability, and user-friendly design, catering to various applications such as business presentations, home entertainment, and education.
Major players operating in the industry are:
Asia Pacific industry accounted for over 40% revenue share in 2023 and is estimated to grow at substantial rate between 2024 and 2032, on account of the rising disposable incomes, increasing urbanization, and the growing consumer electronics sector.
The digital light processing (DLP) technology segment in the pico projector industry is projected to grow at notable CAGR from 2024 to 2032, due to its compact design and ideal option for portable and mobile applications.
The business & education application segment in the pico projector industry is projected to grow at over 12% CAGR between 2024 and 2032, as business professionals and educators are seeking portable projection solutions for their on-the-go presentations and lectures.
Industry size for pico projector was worth USD 3.7 billion in 2023 and is projected to expand at over 10.5% CAGR from 2024 to 2032, owing to the increasing demand for portable and lightweight projection solutions.