Asia-Pacific Projection Mapping Market By Throw Distance (Standard Throw, Short Throw), Dimension (2-Dimensional, 3-Dimensional, 4-Dimensional), Offering (Hardware, Software), Application (Festivals, Events, Retail/Entertainment, Large Venue, Others), Country (Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific) – Industry Trends & Forecast to 2026
Projection mapping is used for projecting the videos and images of the objects on any surface and to provide information of the objects which are complicated in design like buildings, small indoor objects and others. The objects can be projected in 2D, 3D and 4D visualization by using technologies and software. In projection mapping, the objects are spatially mapped on the virtual program which imitates the real environment of the object. It is used in various applications like for movies in theatres, gaming, in educational institutions for projecting the content, in events and in various other applications. There have been few launches happened recently, like the launch of the 1-Chip DLP Projectors by Barco.
Projection mapping uses a projector to project on any surface and helps into a dynamic visual display. It can be used for advertising, live concerts, theatre, gaming, computing, decoration. It can be used to create immersive experiences for theatre, television. Projection mapping uses different types of technology for projecting content like 3D, 2D, 4D, DLP, and LCD. It helps in getting the audience attention as it provides attractive & different content to them.
Asia-Pacific projection mapping market is projected to register a CAGR of 20.8% in the forecast period of 2019 to 2026.
Asia-Pacific projection mapping market is segmented into four notable segments which are throw distance, dimension, offering and application.
On the basis of throw distance, the market is segmented into standard throw and short throw. In 2019, standard throw segment is likely to grow at the highest CAGR in the forecast period of 2019 to 2026.
In January 2019, ViewSonic has launched M1+ projector which is ultra-portable and has in built Wi-Fi and Bluetooth capabilities. This would help the company to enhance more features in projectors.
On the basis of dimension, the market is segmented into 2-Dimensional, 3-Dimensional and 4-Dimensional. In 2019, 3-Dimensional segment is likely to grow at the highest CAGR in the forecast period of 2019 to 2026.
In January 2019, ViewSonic has launched the 4K and 1080p laser projectors which have latest HDMI technology which would help them to expand their product portfolio and more customers.
On the basis of offering, the market is segmented into hardware and software. The hardware is sub- segmented into projector and media server. The projector is further sub-segmented into DLP, LCD and LED. In 2019, software segment is likely to grow at the highest CAGR in the forecast period of 2019 to 2026.
In November 2017, BenQ has launched 4K UHD HDR home cinema projector which has latest CinematicColorTM Technology and it would enhance their market share because it is technologically upgraded.
On the basis of application, the market is segmented into festivals, events, retail/entertainment, large venue and others. In 2019, events segment is likely to grow at the highest CAGR in the forecast period of 2019 to 2026.
In January 2019, Panasonic Corporation along with Integrated Systems Europe has been selected for the Sviatovid which is a five metre tall projection sculpture in order to provide projection mapping.
Some of the major players operating in this market are Panasonic Corporation, Barco, BenQ, Vivitek, ViewSonic Corporation, Pixel Rain Digital, HeavyM, Blue Pony, Lumitrix s.r.o, Green Hippo, garageCube, Resolume, AV Stumpfl GmbH, NuFormer, NEC Display Solutions, Digital Projection, Optoma USA, Christie Digital Systems USA, Inc., Seiko Epson Corporation and others.
In January 2019, ViewSonic has launched the 4K and 1080p laser projector which has latest HDMI technology.
In January 2019, ViewSonic has launched M1+ projector which is ultra-portable and has in built Wi-Fi and Bluetooth capabilities which would help to enhance the more features in projectors.
In February 2018, Green Hippo announced and showcased the launch of the SHAPE 3D Projection Mapping Masterclass of video & lighting creatives to Down Hall Hotel & Spa in south-east England.
In May 2018, ViewSonic has launched PX706HD Short Throw Gaming and Entertainment Projector which can be used for delivering smooth image quality for big-screen gaming and entertainment.
In May 2018, BenQ has launched TK800, the latest 4K HDR High Brightness Projector which can be used for sports action and movies at home.
Research Methodology: Asia-Pacific Projection Mapping Market