Futuresources global projector market sales reached 263 billion US dollars-XY Screens-img

Futuresource's global projector market sales reached 2.63 billion U.S. dollars

by:XY Screens     2021-10-08
According to a recent study by Futuresource Consulting, the global projection market shipped 2.12 million units in the fourth quarter of 2013, an increase of 6% compared to the same period last year, and sales reached US$2.63 billion. Europe, Middle East, and Africa region summary In 2013, shipments in the Europe, Middle East, and Africa region in the fourth quarter increased by 4% compared with the same period last year, and total shipments reached 702,000 units, but this was not enough to offset 6 % Annual decline. Eastern Europe Eastern Europe shipped 151,000 units in the fourth quarter of 2013, the largest increase in the same quarter, with a growth rate of 12% compared to the same period last year. At the end of the government’s funding for the 2013 Winter Olympics’ infrastructure projects, Russia resumed its high shipments. Shipments reached 780,300 units in the fourth quarter, a growth rate of 10% compared to the same period last year. Most of the shipments enter the education field, while high shipments are expected to remain in the short term. The EU member states in Eastern Europe also enjoyed some growth, not only due to the peak retail period in the fourth quarter, but also because they used the remainder of the EU budget from 2007 to 2013. Middle East and Africa The Middle East and Africa region only showed modest growth. Shipments in the fourth quarter of 2013 were 139,000 units, an annual growth rate of 1%. This is due to the failure of Saudi Arabia and the UAE to implement their education projects as scheduled. However, the Middle East and Africa region is a very potential market in the long run due to its low market penetration. Western Europe’s shipments of 412,000 units in the fourth quarter of 2013 resulted in an annual growth rate of 3% in Western Europe, largely benefiting from the strong retail sales in France and Germany. The annual growth rates of their markets were 8% and 9% respectively. %. Spain also has the best sales season since 2011, with 33,900 units shipped in the last quarter of 2013. Due to insufficient performance in the retail market, shipments in the UK projector market fell 5% in the last quarter compared with the same period last year. Asia-Pacific region summary In the fourth quarter of 2013, the market in the Asia-Pacific region showed an annual growth of 5%. The overall shipment volume was 835,000 units, but this was a decrease of 0.2% compared with the same period last year. Compared with the volume of 3.18 million units, the shipment volume for the whole year of 2013 was 3.17 million units. China and Japan In the fourth quarter, the Chinese market continued to return to growth, with sales of 496,000 units, a year-on-year growth rate of 8%, while driving the annual growth rate to 3%. The easing of the political situation in China and Japan at the end of 2012 allowed the market to establish potential demand in the beginning of 2013 during a short period of decline, which also promoted the growth of the whole year of 2013. India and South Korea, although the fourth quarter is usually a typical weak sales season in India, their economic status and the delayed education budget continue to stifle the development of the projector industry. Shipments in the fourth quarter of 2013 were only 41,000 units. Compared with the same period, it fell 21%. South Korea's large investment in projectors for the leisure and entertainment industry continues to promote the growth of the 4000-5999 lumens segment. This segment of the market grew by 38% year-on-year in the fourth quarter, which also contributed to the overall market's growth rate of 8% in the same quarter. Americas Summary Compared with the same period last year, the growth rate of the Americas market in the fourth quarter of 2013 was 8%, and the performance of this market during 2013 continued to be unsatisfactory. United States The United States is the main driver of growth in the region. Sales in almost all market segments have increased. The fourth quarter of 2013 showed a growth rate of 12%-after weak sales in the first three quarters of 2013. Latin America Except for Brazil, the overall sales volume in Latin America was sluggish, down 20% compared to the same period last year. Although the Mexican Public Education Secretariat promotes a plan to equip 240,000 students with laptops by March 2014, there is no specific plan to equip classrooms with main monitors. Argentina's import tariff restrictions continue to hinder the development of the projector market, with shipments of only 7,000 units in the last quarter of 2013. In other regions of Latin America, bidding for educational projectors has decreased compared to 2012, as smaller regions have shown encouraging signs of growth in 2012. The commercial market is still stagnant, due to the lack of attractive factors to consume products with more functions and higher value.
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