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Projector Screen Market size is set to grow by USD 5.09 billion from 2024-2028, Product innovation and advances leading to portfolio extension and product premiumization boost the market, Technavio

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NEW YORK, June 7, 2024 /PRNewswire/ — The global projector screen market size is estimated to grow by USD 5.09 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 11.32%  during the forecast period. Product innovation and advances leading to portfolio extension and product premiumization is driving market growth, with a trend towards increasing organic growth. However, intense competition leads to price wars and reduces profit margins  poses a challenge.

Key market players include ACCO Brands Corp., Barco NV, dnp Denmark as, Draper Inc., Elite Screens Inc, Glimm Screens BV, Grandview Crystal Screen Co. Ltd., Groupe Adeo, Harkness Screens International Ltd, Legrand, Pioneer Audio Visual Equipment, Pyle USA Sound Around Inc, Remaco Technologies Pte Ltd., Screen Innovations, Seiko Epson Corp., Severtson Screens, Silver Ticket Products, Stewart Filmscreen, Swastik Telon, and Vutec Corp.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Projector Screen Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 11.32%

Market growth 2024-2028

USD 5090.8 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

9.87

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 46%

Key countries

China, US, Japan, Germany, and UK

Key companies profiled

ACCO Brands Corp., Barco NV, dnp Denmark as, Draper Inc., Elite Screens Inc, Glimm Screens BV, Grandview Crystal Screen Co. Ltd., Groupe Adeo, Harkness Screens International Ltd, Legrand, Pioneer Audio Visual Equipment, Pyle USA Sound Around Inc, Remaco Technologies Pte Ltd., Screen Innovations, Seiko Epson Corp., Severtson Screens, Silver Ticket Products, Stewart Filmscreen, Swastik Telon, and Vutec Corp

 

Market Driver

The projector screen market is experiencing organic growth due to the introduction of new screens from vendors like dnp Denmark and Da-Lite. Notable launches include the lighter and easier-to-install dnp Supernova XL and Da-Lite’s Fast-Fold Deluxe Screen System with a new leg-locking mechanism.

Additionally, dnp Denmark’s 80 dnp ClearSign optical projector screens and Da-Lite’s online Screen Designer tool cater to advertising and customization needs. As awareness increases, more vendors are expected to enter the market, potentially leading to growth beyond organic means. 

The projector screen market is experiencing significant growth, with various types of projector screens in high demand. Movies and presentations are becoming more immersive with the use of structural and fixed frame projector screens. The trend towards remote work and virtual meetings has increased the need for portable projector screens.

Overhead projector screens are still popular in educational institutions. The use of electric projector screens is on the rise due to their ease of use and convenience. Customized projector screens are gaining popularity for branding and advertising purposes. The future of projector screens looks bright, with advancements in technology leading to innovative solutions. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The projector screen market experiences intense competition among organized and unorganized players, with factors like product portfolio, premiumization, differentiation, and pricing driving the competition. New vendors and private-label brands add to the competition, leading to price wars that may impact product quality and market growth.Online sales are increasing due to Internet penetration and e-commerce platforms, necessitating cost optimization and pricing strategies for manufacturers and retailers. The inability to adapt to these changes can affect profit margins, with online startups and rising raw material costs further impacting the market’s growth.The projector screen market faces several challenges in the current business environment. The key areas of concern include the need for larger screens for better visual experience, the increasing demand for portable projector screens, and the competition from other display technologies like LED and LCD screens. Additionally, the cost of projector screens and the complexity of installation processes can deter potential buyers.Commercially, the market requires cost-effective solutions with easy installation and high-quality visual output. Furthermore, the trend towards remote work and virtual meetings necessitates the development of projector screens suitable for home use. Overall, the projector screen industry must address these challenges to remain competitive and meet the evolving needs of consumers and businesses.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

Application 1.1 Professional1.2 PersonalType 2.1 Wall and ceiling2.2 Ceiling recessed2.3 Floor rising2.4 Portable2.5 OthersGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Professional-  The projector screen market experiences consistent growth due to increasing demand for large-format displays in various sectors. Businesses and educational institutions invest in projector screens for presentations and training sessions. Additionally, the home theater market drives demand for high-quality projector screens. Manufacturers focus on producing screens with improved resolution, larger sizes, and enhanced contrast ratios to cater to this growing market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Projector Screen Market encompasses a diverse range of applications, from corporate seminars and workshops in meeting rooms, to outdoor movie screenings and entertainment events. This market caters to the needs of various sectors, including corporations, start-ups, and temporary purpose uses. The market offers an array of projector types, such as film projectors, digital projectors, and overhead projectors, each suitable for different screen sizes and settings.

The screens themselves come in various formats, including front projection screens, and can be used in a variety of contexts, such as movie theaters, rooftop restaurants, and on-the-go projectors. The market’s growth is driven by the increasing demand for versatile and high-quality visual presentation solutions for both indoor and outdoor events.

Market Research Overview

The Projector Screen market encompasses the production, supply, and installation of various types of projector screens. These screens come in different sizes, shapes, and materials, including fixed frames, portable frames, and retractable screens. The market caters to diverse industries such as education, healthcare, hospitality, and entertainment, among others.

The demand for projector screens is driven by the increasing trend towards digital signage and presentations, as well as the growing popularity of remote work and virtual meetings. The market is also influenced by technological advancements, such as the integration of touchscreens and interactive features, and the rise of outdoor and large-format screens. The Projector Screen market is expected to grow significantly in the coming years due to these factors.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationProfessionalPersonalTypeWall And CeilingCeiling RecessedFloor RisingPortableOthersGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

Waters Corporation to Host Investor Day on March 5, 2025

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28 minutes ago

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January 10, 2025

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MILFORD, Mass., Jan. 10, 2025 /PRNewswire/ — Waters Corporation (NYSE:WAT) announced that it will host an Investor Day on Wednesday, March 5th, 2025, in New York City, starting at 8:30 AM ET.

The event will feature presentations by members of the senior management team, who will discuss business initiative achievements, new strategic priorities, and our vision for future shareholder value creation. A Q&A session will follow.

In-Person Attendance
To request in-person attendance at this event, please click here or visit the Waters Investor Relations website at https://ir.waters.com, under ‘Events’.

Webcast
A live webcast will be available the day of the event. To register for the webcast, please click here or visit the Waters Investor Relations website at https://ir.waters.com, under ‘Events’. A replay of the webcast will be available shortly after the event concludes.

About Waters Corporation
Waters Corporation (NYSE:WAT), a global leader in analytical instruments and software, has pioneered chromatography, mass spectrometry, and thermal analysis innovations serving the life, materials, food, and environmental sciences for more than 65 years. With approximately 7,500 employees worldwide, Waters operates directly in 35 countries, including 15 manufacturing facilities, and with products available in more than 100 countries.

Caspar Tudor, Head of Investor Relations
investor_relations@waters.com

View original content:https://www.prnewswire.com/news-releases/waters-corporation-to-host-investor-day-on-march-5-2025-302348226.html

SOURCE Waters Corporation

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Technology

As Retail Cybercrime Surges, Plank Road Ventures To Present Technology Solutions At NRF 2025 Big Show

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28 minutes ago

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January 10, 2025

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HOBOKEN, N.J., Jan. 10, 2025 /PRNewswire/ — Credit cards and other non-cash payment methods now account for some 80% of purchasing activity, according to some reports. It’s convenient for consumers, but each retail transaction may expose vital shopper information to nation-state and other cybercriminals. Consumers are inconvenienced, while retailers may suffer reputational and financial damage.

To combat the upsurge in digital incursions, Plank Road Ventures — an eMazzanti Technologies company — will present artificial intelligence, cybersecurity best-practice and other retail solutions at the NRF (National Retail Federation) 2025 Retail’s Big Show at Booth 2306, in the Startup Hub of New York City’s Jacob K. Javits Convention Center from January 12 through January 14, 2025.

“The rise in credit card, digital and other payment methods have made retailers a rich target for cyberthieves,” warns eMazzanti Technologies President Carl Mazzanti. “POS systems, for example, can store customer information and purchase history, enabling retailers to capture the information they need to inform targeted marking campaigns and personalized shopping experiences. But POS transactions also pose an attractive target for cybercriminals, and a successful data breach will have far-reaching consequences.”

Plank Road Ventures, a global managed services provider, partners with leading companies like Microsoft, Watchguard, HP, and I3 Communications to help retailers deploy technology that improve and secure their operations and store strategies, while enhancing customer experience and engagement. Retailers can meet with trained professionals from Plank Road Ventures at the NRF 2025 Retail’s Big Show, and learn about leading-edge POS and other solutions.

About eMazzanti Technologies
eMazzanti’s team of trained, certified IT experts deliver rapid response, increased revenue growth, data security, and productivity for organizations of all sizes. The firm offers cloud and mobile solutions, multi-site technology implementations, outsourced network management, 24 x 7 support, digital marketing services, and cyber security assessments and protection services.

About Plank Road Ventures
Our team of experienced retail experts works with clients to understand their specific requirements and recommend the best options. Specializing in store operations and support, the team is available 24x7x 365.

View original content:https://www.prnewswire.com/news-releases/as-retail-cybercrime-surges-plank-road-ventures-to-present-technology-solutions-at-nrf-2025-big-show-302348181.html

SOURCE Plank Road Ventures

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Technology

Kevin Lanouette Named Senior Vice President and General Counsel

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28 minutes ago

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January 10, 2025

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BEDFORD, Mass., Jan. 10, 2025 /PRNewswire/ — iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that Kevin Lanouette has been named Senior Vice President and General Counsel, effective January 17, 2025. Tonya Drake, the Company’s Executive Vice President and General Counsel, will transition to an advisory role ending March 7, 2025.

“I’d like to thank Tonya for her many years of service to iRobot,” said Gary Cohen, iRobot CEO. “Her legacy of tenacity and rigor in protecting the iRobot Company and our brand has been exemplary.”

“Kevin is a seasoned and highly skilled attorney whose experience in advising on complex corporate and securities, commercial, M&A and IP protection matters will be invaluable as we execute our strategic initiatives and work toward a return to profitable growth,” said Cohen.

Formerly, Mr. Lanouette was a Partner at OutsideGC, a Boston-based law firm, where he specialized in providing strategic legal counsel to clients at all stages of development and across a broad range of industries, including technology development, software and services and healthcare. Previously, he served as Assistant General Counsel at Analog Devices, Inc., a leading global semiconductor manufacturer, from 2006 to 2020, where he had responsibility for several critical legal functions, including corporate, SEC and securities matters, IP licensing and technology transfers, M&A and investments, global commercial transactions, and governance and compliance issues.

He is a graduate of the University of Maine and Harvard Law School.

About iRobot Corp.
iRobot is a global consumer robot company that designs and builds thoughtful robots and intelligent home innovations that make life better. iRobot introduced the first Roomba robot vacuum in 2002. Today, iRobot is a global enterprise that has sold more than 50 million robots worldwide. iRobot’s product portfolio features technologies and advanced concepts in cleaning, mapping and navigation. Working from this portfolio, iRobot engineers are building robots and smart home devices to help consumers make their homes easier to maintain and healthier places to live. For more information about iRobot, please visit www.irobot.com. 

For iRobot Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements relating to iRobot Corporation’s expectations concerning executive transitions and execution of the company’s strategy. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. iRobot undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by iRobot, see the disclosure contained in our public filings with the Securities and Exchange Commission including, without limitation, our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/kevin-lanouette-named-senior-vice-president-and-general-counsel-302348314.html

SOURCE iRobot Corporation

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