Projector Screen Market, By Projector Screen Type (Wall/Ceiling Screens, Portable Screens, Fixed Frame Screens, and Other Screens), By Application (Professional Use and Personal Use), By End User (Industries, Government, Commercial, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jul 2024

Code : CMI2527

Pages :150

Formats :

Excel and PDF

Industry : Consumer Electronics

Market Challenges: High initial investment for projector screen setup

The high initial costs associated with projector screen setup is one of the major factors inhibiting the growth of the global projector screen market. Setting up a professional quality projector screen requires considerable financial investment, which many small businesses and individual consumers find prohibitive. Custom fabricated projector screens that offer optimal viewing experience and protection to the projector from external glare and flutters can cost thousands of dollars. Even basic pull-down screens from well-known brands demand an expenditure of several hundred dollars.

The high setup costs encompass not just the screen itself but also accessories needed for proper installation. A fixed frame screen needs to be securely mounted on ceiling or wall with appropriate mounting brackets and hardware. Portable electric screens require connection to a power outlet as well as controls for raising and lowering. Installation of these involves employment of professionals for measuring, marking and fitting as per space dimensions which drives up expenses further. Commercial projection systems employing large format screens exceeding 100 inches in size demand specialized motorized screens and control systems escalating the initial investment manifold.

Market Opportunities: Growing adoption of projector screens in residential sector

The adoption of projector screens in the residential sector has been steadily increasing over the past few years and provides a huge growth opportunity for the global projector screen market. With more people working from home and spending more leisure time at home due to the pandemic, home theatre systems have gained immense popularity.

Projector screens provide an immersive viewing experience for movies, TV shows, sports, and other content. While basic pull-down screens have been used in homes for many years, the demand for larger, motorized, and frameless projector screens that can retract into the ceiling or wall when not in use has risen sharply. These new generation screens with wider aspect ratios and specialized surfaces for ambient light rejection are ideal for modern living rooms. They have become a prominent part of home theatre designs conceived by interior designers. The trend is more prominent in developed nations where disposable incomes are higher and more homes are being built with dedicated home theatre spaces.