Projector Screen Market Size, Trends and Growth Analysis by 2027

The global market for projector screens was valued at approximately US$ 7,327.96 million in 2020 and is anticipated to reach around US$ 13,503.98 million by 2027, reflecting a compound annual growth rate (CAGR) of 9.6% from 2021 to 2027.

As digital transformation accelerates across various sectors, it enhances data visualization and analysis capabilities. The rise in disposable income and evolving lifestyle preferences, particularly in developing nations, is driving the demand for premium products in the personal segment. Consumers are increasingly upgrading their traditional television setups to advanced projectors and screens for a more immersive viewing experience. Trends such as home cinema theaters, outdoor projectors, and screens in rooftop restaurants are significantly contributing to the expansion of the projector screen market.

Growing awareness and the decreasing costs associated with new technologies are making projector screens an attractive option for end users. Corporate environments, including offices, boardrooms, conference halls, and mini auditoriums, are witnessing a robust adoption of projector screens, supported by advancements in mounting solutions. Market participants are focusing on optimizing screen sizes, mounting options, and operational controls to enhance customer satisfaction. Innovations such as motorized foldable screens and ceiling-mounted options are gaining traction in the corporate sector.

Moreover, the public's interest in large-screen sports events at restaurants, outdoor venues, and other locations is driving the demand for floor-rising and tripod projector screens. Portable projector screens are also becoming increasingly popular among business professionals, the hospitality industry, and event organizers due to their convenience for on-the-go presentations and video projections. Regions like North America, Europe, and Asia are seeing significant adoption of portable screens, while the Middle East and Africa present potential growth opportunities in the coming years.

Although the full impact of the COVID-19 pandemic remains uncertain, it is expected to have extensive repercussions across the electronics value chain, particularly affecting semiconductor manufacturing. The pandemic has highlighted the vulnerabilities within the current electronics and semiconductor supply chain models, prompting the industry to reconsider its global supply chain strategies. The widespread lockdowns imposed by governments worldwide have forced many businesses to scale back operations, leading to temporary closures of offices, schools, cinemas, manufacturing facilities, and event venues. This disruption has adversely affected the projector screen market.

The projector screen market is categorized based on type, end user, and geographical region. In terms of type, the market is divided into several segments, including fixed frame, tripod, folding frame, floor rising/pull up, electric, manual, and others. The tripod segment is expected to experience the highest growth rate during the forecast period. Regarding end users, the market is segmented into education, media and entertainment, healthcare, government and defense, commercial, personal, and others, with the media and entertainment sector leading the market in 2020.

Geographically, the projector screen market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM). In 2020, the APAC region held the largest market share, followed by North America and Europe. The APAC market is projected to grow at the fastest rate from 2021 to 2027.

The overall size of the projector screen market has been determined through a combination of primary and secondary research methods. The research process began with extensive secondary research utilizing both internal and external sources to gather qualitative and quantitative data related to the market. This approach also aimed to provide an overview and forecast of the projector screen market across all segments. Additionally, numerous primary interviews were conducted with industry stakeholders and experts to validate the data and gain deeper analytical insights. Participants in this research included industry professionals such as VPs, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders in the projector screen market.

Key players identified in this market study include Barco NV, Custom Display Solutions, Inc., Draper, Inc., Elite Screens Inc., Glimm Display, LEGRAND AV INC., Seiko Epson Corporation (Seiko Group), SnapAV, Stewart Filmscreen, and Grandview Crystal Screen Co. Ltd..