PMA Research, the worldwide market information experts on front projectors, announced that worldwide sales of projectors with +10,000 lumens rose to an all-time high during the first half of 2022.
With the relaxation of Covid-19 restrictions in advanced economies, consumers turned their spending from at-home products to out-of-home entertainment. That sparked strong growth in sales of super-bright projectors for large venues such as concert halls, theme parks, stadiums, and planetariums. Continued growth of immersive or experiential entertainment using projection mapping technology also contributed to the high-brightness gains as did ongoing strength in the higher-education market.
Overall, worldwide demand in this segment registered 20% growth during the first half of the year. That was due to robust gains in advanced economies, including the U.S., Western Europe, Australia, Japan, and Korea. Combined sales in these countries grew more than 50% during the first half of the year.
However, sales in China during the first half of this year couldn’t keep pace with last year’s growth as the lockdowns and economic headwinds earlier this year took a toll on overall growth in emerging economies. Sales in Russia came to a screeching halt while the Indian market showed signs of recovery. Still, that wasn’t enough to offset the sluggishness in China.
About PMA Research
PMA Research (PMA) specializes in worldwide market information for the projector industry, including comprehensive coverage of High-End Projectors, Mainstream Projectors, and Pico Projectors. With a series of quarterly projector shipment and forecast reports along with monthly sales tracking, PMA publishes data-driven insights for projector manufacturers, component suppliers, accessory companies, and channel partners.
Expanded coverage of the display industry includes market information on U.S. Professional Large-Format Flat Panel Displays. PMA’s Flat Panel Tracking Reports offer timely sell-through data and analysis on unit sales, revenues, and true volume-weighted street prices of LCD, OLED, QLED, and Direct-View LED displays sold by leading U.S. dealers, systems integrators, and distributors.
PMA Research also offers a comparative analysis with their All-Displays Distributor Tracking report. This report is valuable in that it combines flat panel and projector sell-through data from leading U.S. Distributors into one report, making it easy to compare and analyze these different display product segments.
