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News
Projection Systems for Business and Home Markets
Strong through 2009, Industry Analysts Agree (25/7/2005)
Top Market Research Firms for Projection
and Display Technologies Convene at InfoComm's 4th Annual Projection
Summit
The arrival of new high performing small
projectors, LCD flat panel displays with richer colors and rear
projection televisions that offer smaller footprints will continue
to feed the appetite of enterprises and consumers for projection
and display technologies that educate, inform and entertain. This
is the consensus of industry analysts from Decision Tree Consulting,
DisplaySearch, Pacific Media Associates, iSuppli/Standard Resources,
Techno Systems Research and 3M Precision Optics, which convened
at InfoComm's 4th annual Projection Summit last month to share their
forecasts for the $12 billion worldwide projection market. InfoComm
is produced by the International Communications Industries Association,
Inc.(R) (ICIA(R)).
"We bring together the component manufacturers
as well as the people who make the finished products, the entire
display ecosystem, to delve into the projection market and identify
opportunities and challenges on the horizon," said Chris Chinnock,
President of Insight Media, which manages the Projection Summit
with the McLaughlin Consulting Group. "Two years ago we predicted
that low-cost projectors would emerge and create price wars. This
year we see the new illumination technologies inspiring product
innovations and driving demand higher for efficient, brighter, more
colorful projection systems, at both the enterprise and consumer
levels."
Analysts from the six leading market research
firms shared their forecasts in several projection categories. Their
predictions, collectively, suggest a bright future with increased
sales.
Projection
-- Presentation Front Projection Sales of
3.1 million units in 2004 will grow to 6.4 million units conservatively
and as high as 12.9 million units in 2009 -- Rear Projection TV
Sales of 5.7 million units in 2004 will be upwards of 6.9 million
to 12.0 million units in 2009 -- Front Projection TV Sales are expected
to grow from 500,000 units in 2004 to between 2 million and 4.3
million units in 2009
Flat Panel
-- Plasma Sales to Consumers of 2.1 million
units in 2004 will stretch to 9.2 million units conservatively and
as high as18.6 million units in 2009 -- Plasma Sales to Enterprises
of 400,000 units in 2004 are expected to reach 1.3 million units
conservatively and 2.2 million units optimistically in 2009 -- Consumer
Sales of Active Matrix LCDs (AMLCDs) (30 inches and larger) of 1.2
million units in 2004 will leap to 20.7 million units conservatively
or 37.0 million units at most in 2009 -- AMLCD Sales to Enterprises
of 100,000 units in 2004 are forecast to grow to 1 to 1.1 million
units in 2009
"Consumer purchases of plasmas and LCDs are
among the fastest growing, but innovations are taking place across
the full spectrum of flat panels and projectors," added Chinnock.
"New illuminating technologies will power flat panels and projectors
to provide a wider color gamut. The quality gets better all the
time resulting in more hues, richer colors and more brilliant presentations
on the screen. But most importantly, pricing of all display products
is dropping rapidly. This creates great value for buyers, but is
challenging for manufacturers and sellers of the systems."
Projection Summit attendees, who also attend
InfoComm, include professional dealers and distributors of audiovisual
(AV) display technologies who learn about technology trends from
leading market research firms and executives in the AV industry.
In addition to the forecasts, attendees participated in panel debates
about the emerging IT channel for display technologies and the role
of proAV providers to offer value-added integration and installation
solutions. They also listened to presentations of new research from
industry resources such as ICIA, TFCinfo, Qixel and MCG.
www.projectionsummit.com
www.infocomm.org
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