Portable Projector Market Size, Share, Growth Analysis, By Technology(Digital Light Processing (DLP), Liquid Crystal on Silicon (LCoS), Laser Beam Steering, Holographic Laser Projection), By Application(Business, Education, Consumer Electronics, Others), By Region - Industry Forecast 2024-2031

Portable Projector Market Driver

Improvements in Portable Projector Technology

• With the development of technology, portable projectors are no longer bulky, complicated, and difficult-to-use gadgets that provide subpar quality and strange effects. They are portable and simple to use for commercial, academic, and recreational applications. Modern portable projectors come with memory devices to save pertinent data and an internet connection. Additionally, portable projectors have simple USB, HDMI, and MHL connectors that may be connected to tablets, computers, and smartphones for easy information access. Additionally, portable projectors feature built-in speakers and batteries and offer high resolutions, such as HD and full HD, for improved picture quality. These gadgets fit neatly in pockets, which is one of the key aspects driving the growth of the portable projector market. In fact, they are becoming a practical choice for home entertainment because portable projectors can be purchased for a fair price,. They are primarily purchased based on their portability, convenience, and price points. These days, businesses now sell high-quality 2D and 3D portable projectors that use less electricity and produce little heat.

• Growing Integration of Pico Projectors In Smartphones and Other Portable Devices to Push Demands for Portable Projectors Further

Researchers are starting to build projection-specific software and interaction approaches in order to investigate a wider range of potential uses for phones with embedded pico projectors, which are starting to be marketed as devices for corporate presentations and media consumption. In a study done at the University of California, one important finding is that users may quickly take advantage of these devices' new features to create engaging effects by using representational techniques like superimposition, scaling, translation, and motion. As a result, even the "simple" projector phone platform offers new ways to communicate. For instance, LG debuted its CinebBeam PH30N projector in 2020 with 720p resolution. A rechargeable battery with a 2-hour battery life is built into the projector. Throughout the study period, more innovations are anticipated to help the portable projector market as a whole.

Portable Projector Market Restraint

• Technological Limitations Relating to DLP Projectors

The majority of portable projectors use DLP technology, which is chosen because it provides vivid image quality and great contrast when compared to other technologies. However, the "rainbow effect" is a distinctive visual artefact that might appear on a screen when images are modulated using a rotating colour wheel in DLP. Due to the wheel's successive colour update, colours have begun to separate into distinct red, green, and blue hues. The rainbow effect does not occur with LCD projectors since they constantly give a steady red, green, and blue image at the same time. Thus, it is hampering the growth of the portable projector market.