Europe Projection Mapping Market, By Throw Distance (Standard Throw and Short Throw), Dimension (2-Dimensional, 3-Dimensional and 4-Dimensional), Offering (Hardware and Software), Application (Festivals, Events, Retail/Entertainment, Large Venue and Others), Country (France, Sweden, Germany, Finland, Italy, Spain, Austria, Belgium, Russia, Poland, U.K., Netherlands and Rest of Europe) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Projection Mapping Market
Growing focus on the technological advancements by the major manufacturers, rising need and adoption of projection mapping at media events especially in the developing economies, and growing expenditure on marketing and advertising are the major factors attributable to the growth of the projection mapping market. Data Bridge Market Research analyses that the projection mapping market will exhibit a CAGR of 19.25% for the forecast period of 2021-2028.
Projection mapping is the technology that is used to project videos and images on a given surface. This serves the purpose of providing insights and information on various topics. Projection mapping can project images in all 2D, 3D and 4D formats.
Rising globalization and growth in the demand for high brightness projectors will emerge as the major market growth driving factor. Growing rate of industrialization especially in the developing economies, surging application of augmented and virtual reality and growth and expansion of entertainment industry will further aggravate the market value. Growing advancement in technology and innovation of new products and surging adoption of projection mapping for medical applications will further carve the way for the growth of the market.
However, dearth of knowledge and technological expertise and lack of awareness in the backward economies will act as a growth restraint for the market. Complex procedure involved in the application of project mapping owing to the requirement of multiple devices like projectors, media servers, mapping, and modelling software will further dampen the growth rate of the market. High initial and maintenance costs involved in projection mapping technology will further challenge the market growth rate.
This projection mapping market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on projection mapping market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Projection Mapping Market Scope and Market Size
The projection mapping market is segmented on the basis of throw distance, dimension, offering and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of throw distance, the projection mapping market is segmented into standard throw and short throw.
- On the basis of dimension, the projection mapping market is segmented into 2-dimensional, 3-dimensional and 4-dimensional.
- On the basis of offering, the projection mapping 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.
- On the basis of application, the projection mapping market is segmented into festivals, events, retail/entertainment, large venue and others.
Europe Projection Mapping Market Country Level Analysis
The projection mapping market is analysed and market size, volume information is provided by country, throw distance, dimension, offering and application as referenced above.
The countries covered in the projection mapping and equipment market report are France, Sweden, Germany, Finland, Italy, Spain, Austria, Belgium, Russia, Poland, U.K., Netherlands and Rest of Europe.
Germany in Europe dominates the projection mapping market and will continue to flourish its trend of dominance during the forecast period. This is because of the growing adoption of projection mapping for retail in order to attract a high number of customers to retail outlets.
The country section of the projection mapping market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Projection Mapping Market Share Analysis
The projection mapping market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to projection mapping market.
The major players covered in the projection mapping market report are Panasonic Corporation, Barco., BenQ Asia Pacific Corporation, Vivitek, ViewSonic Corporation., Pixel Rain Digital., HeavyM., Blue Pony Digital, Inc., Lumitrix s.r.o., Green Hippo, garageCube., Resolume B.V., AV Stumpfl GmbH, NuFormer, Sharp NEC Display Solutions, Ltd., Digital Projection, Seiko Epson Corporation., among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-