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Asia Pacific region holds the largest market share in the Pico Projector Market and is anticipated to reach $2.2 billion by 2023. Smartphone companies are continuously
developing new models and it is complemented with advancements in display technologies. Such advancements including better resolution and brightness are also leading to several problems such as high power consumption, while increasing the total
cost of ownership.
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The advantages of using laser sources for the illumination of micro display based projection displays are compelling in comparison to other technologies. The
displays enabled by laser projection technology improve image brightness, power efficiency and image contrast, make possible a wider gamut of colours, reduce size of both the illumination source and the optical system, and improve the depth of
field for focus-free usage.
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Excerpts on Market Growth Factors Although high volume of people watch online videos and news on their
smart phones, very few actually like the experience of watching movies, videos and news on their smart phones.
Compatibility of device with different types of displays, will act as the major driver for adoption. In addition, this will significantly improve users’ experience. The strength of the device for automotive application will lay in
its compatibility with different types of heads-up displays (HUDs): reflective, re-emissive and combiner.
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3M Co. Sony Corporation AXAA Technologies Optoma Technologies, Inc BenQ Corporation And 15+ more
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