Dublin, Oct. 05, 2018 (GLOBE NEWSWIRE) -- The "Projection Mapping Market by Offering (Hardware, Software), Projection Distance (Standard, Short), Dimension (2D, 3D, 4D), Applications (Events, Festival, Large Venue, Retail/Entertainment), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The overall projection mapping market is estimated at USD 1.37 billion in 2018 and is expected to reach USD 3.56 billion by 2023, at a CAGR of 21.10% between 2018 and 2023.

The market growth is attributed to the growing adoption of projection mapping in media events over the last few years and growing investment in product advertising. The growing availability of 3D and 4D content and increasing use of augmented and virtual reality are expected to boost the projection mapping market by creating opportunities during the forecast period. High cost of using projection mapping technique compared to traditional techniques is acting as a major restraint for the projection mapping market. Lack of awareness and knowledge about the projection mapping technology is acting as a major challenge for the growth of the projection mapping market.

Large venues mainly imply museums, houses of worship, and large amusement and theme parks. There is a growing demand for projection mapping in theme and amusement parks across the world. Many amusement and theme parks are expected to be opened in the coming years (2018-2020). Demand for projection mapping is, thus, expected to grow in future. Projection mapping is also being used in museums to create 3D environment with visual effects.

The Americas is among the important markets for projection mapping. It is one of the early adopters of projection mapping technique. The projection mapping market in North America is estimated to grow considerably in the coming years since North America is major hub for corporate events, shows and sports events.

Companies that can provide low-cost end-to-end solutions for projection mapping is expected to emerge as game changers as the overall cost of projection mapping is one of the major restraining factors for the growth of projection mapping.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Projection Mapping Market, 2015-2023 (USD Billion)
4.2 Projection Mapping Market, By Dimension
4.3 APAC: Projection Mapping Market, By Application and By Country (2017)
4.4 Projection Mapping Market, By Region (2017)
4.5 Projection Mapping Market, By Projector Technology

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Adoption of Projection Mapping in Media Events
5.2.1.2 Growing Investment in Product Advertising
5.2.1.3 Increasing Need for Greater Audience Engagement
5.2.2 Restraints
5.2.2.1 Less-Effective Projection Under Sunlight
5.2.2.2 High Cost of Using Projection Mapping Technique Compared to Traditional Techniques
5.2.3 Opportunities
5.2.3.1 Growing 3D and 4D Content
5.2.3.2 Increasing Use of Augmented and Virtual Reality
5.2.4 Challenges
5.2.4.1 Lack of User Awareness and Knowledge About the Projection Mapping Technology
5.3 Value Chain Analysis

6 Projection Mapping Market, By Offering
6.1 Introduction
6.2 Hardware
6.2.1 Projector
6.2.1.1 DLP
6.2.1.2 LCD
6.2.2 Media Server
6.3 Software

7 Projection Mapping Market, By Throw Distance
7.1 Introduction
7.2 Short Throw
7.3 Standard Throw

8 Projection Mapping Market, By Dimension
8.1 Introduction
8.2 2-Dimensional
8.3 3-Dimension
8.4 4-Dimension

9 Projection Mapping Market, By Application
9.1 Introduction
9.2 Events
9.3 Festivals
9.4 Large Venue
9.5 Retail/Entertainment
9.6 Others

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Spain
10.3.5 Italy
10.3.6 Rest of Europe
10.4 APAC
10.4.1 China
10.4.2 Japan
10.4.3 South Korea
10.4.4 India
10.4.5 Singapore
10.4.6 Rest of APAC
10.5 RoW
10.5.1 Middle East
10.5.2 South America
10.5.3 Africa

11 Competitive Landscape
11.1 Overview
11.2 Market Player Ranking Analysis of the Projection Mapping Market
11.3 Competitive Scenario
11.3.1 Product Launches and Developments
11.3.2 Partnerships, Collaborations, and Agreements
11.3.3 Mergers and Acquisitions
11.3.4 Expansions

12 Company Profile
12.1 Key Players
12.1.1 Panasonic
12.1.2 Epson
12.1.3 Benq
12.1.4 Belgian American Radio Corporation (BARCO)
12.1.5 Christie Digital Systems
12.1.6 Optoma
12.1.7 Digital Projection Limited
12.1.8 NEC Display Solutions
12.1.9 Vivitek
12.1.10 Viewsonic
12.2 Other Key Players
12.2.1 Nuformer
12.2.2 AV Stumpfl
12.2.3 Resolume
12.2.4 Garagecube
12.2.5 Green Hippo
12.2.6 Blue Pony
12.3 Startup Ecosystem (Key Innovators)
12.3.1 Lumitrix
12.3.2 Heavym
12.3.3 Pixel Rain Digital

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