Global Projection Mapping Market
Global Projection Mapping Market was valued at USD 2.6 billion in 2020 which expected to reach USD 10.2 billion by 2030 at a CAGR 23.8% from 2020-2030.
Projection mapping is defined as a kind of projection technology which is utilized turn an object for the purpose of projecting a video, animation and some other colorful displays. Areas or objects used for projection mapping like small indoor objects as well as big theatrical stages, buildings/industrial landscapes. Projection mapping can be used for live concerts, theater, advertising, gaming, computing, and decoration purpose.
Market Drivers
The rise in adoption of projection mapping for media events is expected to boost the global projection mapping market over the forecast period. Also, the increase in advertising expenditure as well as growing demand for high brightness projectors are some driving factors for the growth of the projection mapping market worldwide. Easy availability of various options of 2-dimension, 3-dimension and 4-dimension also positively influence the growth of global projection mapping market.
Moreover, the increase in technological developments and new product launches by key players is expected to propel the global projection mapping market. For instance, in April 2021, Panasonic had launched new solution for real-time tracking in projection mapping aimed at the entertainment & production industries. This solution is used to project images in real-time, with pinpoint accuracy, onto fast-moving objects using a Real-Time Tracking Software Development Kit for the Panasonic PT-RQ35K projector.
Market Restraints
High cost of projection mapping is the major restraint which expected to hamper the global projection mapping market growth over the forecast period. Cost is the important parameters affecting the consumer buying behavior and it is a key factor for projection mapping product & service providers. In the current market, most projection mapping products are highly priced, which only the affluent can afford which may affect the market growth.
Market Segmentation
The Global Projection Mapping Market is segmented into Offering such as Hardware (Projector, and Media Server), and Software, by throw distance market is segmented into Standard throw, and short throw, by Dimension market is segmented into 2D, 3D, and 4D. Further, market is segmented into application such as Media Events, Venue Openings, Entertainment, Product Launches, Retail, and Others.
Media Event is expected to hold largest market share of the global projection mapping market, owing to the increase in number of media events & sporting events across the globe. Also, projection mapping is extensively used in the opening ceremonies & half-time shows of major sporting events and at venues such as auditoriums & places with massive crowd gatherings to enhance the visual experience and facilitate greater audience engagement.
Regional Analysis
The Global Projection Mapping Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North America region dominates the projection mapping market due to the increase in demand for 4-dimension content projection, the growing use of augmented and virtual reality, the increase in availability of 3D & 4D content and hosts several corporate events, shows and sports events.
Key Players
The major players in the projection mapping market are Panasonic Corporation, NEC Display Solutions, Epson, BenQ, Christie Digital Systems, ViewSonic Corporation, Vivitek Corporation, Green Hippo Ltd., Pixel Rain Digital, Barco, etc. The report comprises profiles of above companies along with their SWOT analysis and market strategies in the global projection mapping market.
Market Taxonomy
By Offering
By Throw Distance
By Dimension
By Application
By Region
Key Questions Addressed by the Report
Global Projection Mapping Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Projection Mapping Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Projection Mapping Market, By Offering
5.1 Y-o-Y Growth Comparison, By Offering
5.2 Global Projection Mapping Market Share Analysis, By Offering
5.3 Global Projection Mapping Market Size and Forecast, By Offering
5.3.1 Hardware
5.3.1.1. Projector
5.3.1.2. Media Server
5.3.2. Software
6 Global Projection Mapping Market, By Throw Distance
6.1 Y-o-Y Growth Comparison, By Throw Distance
6.2 Global Projection Mapping Market Share Analysis, By Throw Distance
6.3 Global Projection Mapping Market Size and Forecast, By Throw Distance
6.3.1 Standard throw
6.3.2 Short throw
7 Global Projection Mapping Market, By Dimension
7.1 Y-o-Y Growth Comparison, By Dimension
7.2 Global Projection Mapping Market Share Analysis, By Dimension
7.3 Global Projection Mapping Market Size and Forecast, By Dimension
7.3.1 2D
7.3.2 3D
7.3.3 4D
8 Global Projection Mapping Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Projection Mapping Market Share Analysis, By Application
8.3 Global Projection Mapping Market Size and Forecast, By Application
8.3.1 Media Events
8.3.2 Venue Openings
8.3.3 Entertainment
8.3.4 Product Launches
8.3.5 Retail
8.3.6. Others
9Global Projection Mapping Market, By Region
9.1 Global Projection Mapping Market Share Analysis, By Region
9.2 Global Projection Mapping Market Share Analysis, By Region
9.3 Global Projection Mapping Market Size and Forecast, By Region
10 North America Projection Mapping Analysis and Forecast (2020 – 2030)
10.1 Introduction
10.2 North America Projection Mapping Product Market Share Analysis, By Offering
10.3 North America Projection Mapping Product Market Size and Forecast, By Throw Distance
10.4 North America Projection Mapping Product Market Size and Forecast, By Dimension
10.5 North America Projection Mapping Product Market Size and Forecast, By Application
10.6 North America Projection Mapping Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11Europe Projection Mapping Market Analysis and Forecast (2020 – 2030)
11.1 Introduction
11.2 Europe Projection Mapping Product Market Share Analysis, By Offering
11.3 Europe Projection Mapping Product Market Size and Forecast, By Throw Distance
11.4 Europe Projection Mapping Product Market Size and Forecast, By Dimension
11.5 Europe Projection Mapping Product Market Size and Forecast, By Application
11.6 Europe Projection Mapping Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12Asia Pacific Projection Mapping Market Analysis and Forecast (2020 – 2030)
12.1 Introduction
12.2 Asia Pacific Projection Mapping Product Market Share Analysis, By Offering
12.3 Asia Pacific Projection Mapping Product Market Size and Forecast, By Throw Distance
12.4 Asia Pacific Projection Mapping Product Market Size and Forecast, By Dimension
12.5 Asia Pacific Projection Mapping Product Market Size and Forecast, By Application
12.6 Asia Pacific Projection Mapping Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Projection Mapping Market Analysis and Forecast (2020 – 2030)
13.1 Introduction
13.2 Latin America Projection Mapping Product Market Share Analysis, By Offering
13.3 Latin America Projection Mapping Product Market Size and Forecast, By Throw Distance
13.4 Latin America Projection Mapping Product Market Size and Forecast, By Dimension
13.5 Latin America Projection Mapping Product Market Size and Forecast, By Application
13.6 Latin America Projection Mapping Product Market Size and Forecast, By Country
14Middle East Projection Mapping Market Analysis and Forecast (2020 – 2030)
14.1 Introduction
14.2 Middle East Projection Mapping Product Market Share Analysis, By Offering
14.3 Middle East Projection Mapping Product Market Size and Forecast, By Throw Distance
14.4 Middle East Projection Mapping Product Market Size and Forecast, By Dimension
14.5 Middle East Projection Mapping Product Market Size and Forecast, By Application
14.6 Middle East Projection Mapping Product Market Size and Forecast, By Country
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16Company Profiles
16.1 Panasonic Corporation
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 NEC Display Solutions
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Epson
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 BenQ
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Christie Digital Systems
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 ViewSonic Corporation
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Vivitek Corporation
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Green Hippo Ltd
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Pixel Rain Digital
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Barco
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
