Projector screen is surface installed with a support structure used for displaying projected images or videos. Projector screens may be permanently installed as in movie theater or painted on the wall. Portable projector screens are inflatable movie screens for outdoor movie screening and used in seminars, workshops or in hotels. Projector screens are targeted for use with digital projector, movie projector, overhead projector, and slide projector.
Longer installation time required for large projector screen of movie theaters and lack of absorption of ambient light are some of the few restraining factors for the global projector screen market growth.
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Demand for custom designed projectors is expected increase over the forecast period
Projector screens have customized options available based on different applications such as in hotels, restaurants, and auditoriums. In case of any specific requirement of the customer, vendors offer customized projector screen of any size, aspect ratio, radius, border or any shape. Moreover, customized projectors are mainly applicable in corporate buildings, museums, themed attraction and parks, simulation and training, exhibitions, and live shows and events.
In 2017, North America projector screen market generated the highest revenue and is expected retain its dominance during the forecast period, owing to high presence of corporate companies and increasing number of start-ups in the U.S. For instance, according to Business Dynamics Statistics of the U.S. Census Bureau, 234,000 new SME companies started in a quarter of 2015 in the U.S. This has led to high sales of projector and projector screens that are used in corporate buildings.
The portable projector screen segment is expected to witness highest growth over the forecast period
The portable projector screen is expected to be the fastest growing segment in the global projector screen market over the forecast period. These screens are preferred for presentations or exhibitions at different locations. A user can carry this screen to multiple locations as per the requirements in a convenient manner. Portable projector screen consists of a metal tube attached in it, which allows the user to fold the screen easily in short span of time. Furthermore, there is no requirement of carrying an extra tripod or stand to install the projector screen, which helps the user to easily carry and use the screen whenever required. Moreover, portable projector screen is convenient to use on both front as well as rear projection.
Professional use segment is expected to drive the market growth over the forecast period
Increasing number of startups eventually leads to high number of corporate meetings, presentations, and business conferences, where projector screens are highly applicable. This is one of major factors aiding growth of the professional use segment in the projector screen market. Moreover, seminars and webinars on different topics offered by several educational institutions or individuals are also impacting growth of the projector screen segment for professional use.
Increasing availability of different types of project screen at different costs is expected to boost the market growth. These projector screens are of wall/ceiling mounted screens, portable screens, and fixed frame projector screens. Availability of different options for projector screens with different aspect ratio and customized shapes and sizes at different price ranges such as US$ 1200-10,000 and other customized variable prices is expected to drive the market growth.
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Some of the major players operating in the projector screen market include, Elite Screens Inc., Stewart Filmscreen Corporation, Da-Elite, Silver Ticket Products, Seiko Epson Corporation, Custom Display Solutions, Inc., Grandview Screen, Harkness Screens International Ltd, Swastik Telon, Vutec Corporation, Barco NV, and Dnp Denmark A/S.