Projector Screen Market Size, Share, Trends, Growth and Forecast 2032

Projector Screen Industry Prospective:

The global projector screen market size was worth around USD 45.67 billion in 2023 and is predicted to grow to around USD 56.54 billion by 2032 with a compound annual growth rate (CAGR) of roughly 2.4% between 2024 and 2032.

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Projector Screen Market: Overview

An installation that consists of a support and surface structure that is frequently used to project an image for an audience to watch is called a projection screen. Projection screens come in two varieties: floor-rising or tripod versions for portability in a meeting room or other non-dedicated display area, or permanently placed in a movie theater or painted on the wall. Usually, corporate settings employ these screens for conferences and meetings. Furthermore, a rise in the number of start-ups has raised demand for these screens, which is anticipated to bolster the expansion of the worldwide projector screen market. Although the basic concept for all of them is very similar, there are different markets for screens intended for use with film projectors, digital projectors, overhead projectors, and slide projectors. Front projection screens function by diffusing the light projected onto them, while back projection screens function by diffusing the light through them.

Key Insights

• As per the analysis shared by our research analyst, the global projector screen market is estimated to grow annually at a CAGR of around 2.4% over the forecast period (2024-2032).
• In terms of revenue, the global projector screen market size was valued at around USD 45.67 billion in 2023 and is projected to reach USD 56.54 billion, by 2032.
• Rising product launch is expected to drive the global projector screen market growth over the forecast period.
• Based on the type, the portable segment is expected to grow at the highest CAGR during the projected timeframe.
• Based on the application, the professional use segment is expected to capture a significant market share over the projected period.
• Based on region, the Asia Pacific is expected to dominate the market during the forecast period.

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Projector Screen Market: Growth Drivers

The growing popularity of projector screen paints drives market growth

The projector screen industry is expanding organically due to the arrival of cutting-edge screens that meet a variety of requirements. Projector displays are required in the educational industry as a result of schools incorporating digital platforms into their classes. In response, suppliers are introducing new screens in response to this demand, both offline and online. For example, the new dnp Supernova XL screen from dnp Denmark is easier to install than its predecessor because it has a foldable frame. There has been a 25% reduction in the screen's weight and an approximate 20% reduction in installation time. As a result, the wall experiences less stress and is handled better during installation. In addition, dnp Denmark unveiled eighty dnp ClearSign optical projector screens—screens intended for use in digital signs and advertising. High resolution and brightness are ensured by the use of laser projector technology in these screens. They meet a variety of media and entertainment needs and come in both electric and manual models. Because of their sturdy and stable frames, the screens are a great option for companies looking to improve their visual communication. As a result, it is anticipated that these screen paints will become more popular in the next years, which will restrict the expansion of the worldwide market throughout the projected timeframe.

Projector Screen Market: Restraints

The presence of alternative and ambient light sensitivity hinders market growth

Projector installations are less complicated now that large-screen, high-definition LED, OLED, and QLED TVs are reasonably priced. Due to their superior picture quality, simplicity of use, and convenience of installation, these TVs may discourage people from purchasing projector screens. Furthermore, precise lighting conditions are frequently needed for projection screens to produce the best possible image quality. Reduced contrast and brightness in spaces with a lot of ambient light can make it difficult to use displays efficiently without spending extra money on high-gain screens or blackout curtains. Thus, this is expected to limit the projector screen market expansion during the forecast period.

Projector Screen Market: Opportunities

Growing product launches offer a lucrative opportunity for market growth

The growing product launches are expected to offer a lucrative opportunity for projector screen market growth over the forecast period. For instance, in March 2023, one of the top global suppliers of visual solutions, ViewSonic Corp., introduced the first projectors in history to be "Designed for Xbox." With the theater-quality sound from Harman Kardon speakers and buttery-smooth 4K UHD images on a 100" big screen, the new X1-4K and short throw X2-4K LED projectors make gaming more thrilling and immersive than ever. The black and green X1-4K and X2-4K LED projectors mirror the design of the Xbox Series X and provide the finest experience with Xbox games. Along with the projector's 240Hz refresh rate and 4.2ms ultra-fast input, they also feature resolution and refresh rate combinations that are specific to the Xbox, guaranteeing that everyone can experience flawlessly fluid gameplay. In addition to offering a dynamic gaming experience, the projectors are made with simple controls for fast enjoyment. Because they are compatible with Xbox's CEC (consumer electronics control), the projector turns on at the same time as the console. Additionally, the projector enters gaming mode when the console is connected via HDMI 2, offering the best images with vibrant colors.

Projector Screen Market: Challenges

High initial cost poses a major challenge to market expansion

Premium projector screens can be pricey, particularly the fixed-frame or motorized models. The cost of the screen, projector, and maybe additional installation can be high for a full projector system, which may put off small businesses and customers with limited funds.

Projector Screen Market: Segmentation

The global projector screen industry is segmented based on type, application, end-user, industry vertical, and region.

Based on the type, the global projector screen market is bifurcated into ceiling recessed, wall and ceiling, portable, floor rising, fixed frame, and others. The portable segment is expected to grow at the highest CAGR during the projected timeframe. For presentations or demonstrations, these screens are preferred in various settings. This screen is easily movable by the user to different positions depending on what is needed. Furthermore, the projector screen can be mounted without the need for an additional tripod or stand, making it convenient for the user to transport and utilize the screen as needed.

Based on the application, the global projector screen industry is bifurcated into personal and professional. The professional use segment is expected to capture a significant market share over the projected period. An increase in startups invariably results in an increase in corporate seminars, meetings, and business conferences where projection screens play a crucial role. This is one of the main reasons the market for projector screens is expanding. In addition, the expansion of the market sector for professional usage is impacted by webinars and seminars on diverse subjects that are provided by several educational institutions or individuals.

Based on the end-user, the global projector screen market is divided into commercial, industries, government, and others.

Based on the industry vertical, the global projector screen industry is bifurcated into healthcare, building & construction, IT & telecom, industrial, aerospace & defense, and others.

Projector Screen Market: Report Scope

Projector Screen Market: Regional Analysis

Asia Pacific is expected to dominate the market during the forecast period

The Asia Pacific is expected to capture the largest projector screen market share over the forecast period. Recognized for its technological breakthroughs, the region is the world's largest continent. The swift progression of technology, coupled with policy backing and the digitalization of the economy, are some of the primary drivers facilitating the APAC economies' shift from developing to developed status. Accordingly, these elements encourage the expansion of SMEs (small and medium-sized enterprises) in the Asia Pacific projector screen market.

Besides, Europe is expected to grow at a significant rate over the projected period. The region is renowned for having developed nations that value embracing and utilizing cutting-edge technology. The increase in interaction is driving up demand for projection screens in the European region's education system. Projector integration is being observed by the education industry as a means of delivering dynamic and captivating learning experiences. As a result, it is anticipated that demand for projector screens will rise. In addition to funding innovative research aimed at advancing the use of digital technology for learning, the European Commission (EC) has taken other steps to modernize education and training.

Projector Screen Market: Competitive Analysis

The global projector screen market is dominated by players like:

• Swastik Telon
• Silver Ticket Products
• Custom Display Solutions.Inc.
• Vutec Corporation.
• Elite Screens Inc.
• Grandview Screen
• Harkness Screens International Ltd
• Stewart Filmscreen Corporation
• Seiko Epson Corporation
• Da-Elite

The global projector screen market is segmented as follows:

By Type

• Ceiling Recessed
• Wall and Ceiling
• Portable
• Floor Rising
• Fixed Frame
• Others

By Application

• Personal
• Professional

By End User

• Commercial
• Industries
• Government
• Others

By Industry Vertical

• Healthcare
• Building & Construction
• IT & Telecom
• Industrial
• Aerospace & Defense
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa