Shulou(Shulou.com)11/24 Report--

CTOnews.com September 7 news, 2023 China Intelligent projection Industry Summit was held recently, RUNTO Technology (Lotu) released a report at the meeting, the global projection industry is expected to reach about 19 million this year, China has become the world's largest consumer market for projectors.

According to the statistics of Loto Technology, in the projection industry, Chinese projection panels account for 62% of the world's Prida, made in China accounts for more than 75% of the world, Chinese brands account for more than 70%, and the Chinese market accounts for 43%.

▲ Tu Source Lotu Technology Lotu Technology estimates that China projection (CTOnews.com Note: including non-intelligent) shipments are expected to exceed 7 million units this year, reaching 9.5 million units in 2027. In the first half of this year, the market share of LCD projection category increased to 63.7%. In the future, with the continuous rise of the technical level of domestic laser projector, the industry still has a lot of room for development.

Dong Min, deputy secretary-general of the China Electronic Video Industry Association, said: "the market scale of intelligent projection in China has been growing by leaps and bounds in recent years at a rate of about 1 million units a year, with sales exceeding 6 million units last year. This year is the beginning of a new pattern of China's intelligent projection industry, and the intelligent projection industry will have explosive prospects in China, and it is expected to exceed 10 million units in the next few years."

▲ Map Source Lotu Technology

According to online monitoring data of Luotu Technology, the top three brands in the sales and sales dimension of ▲ China market in the first half of 2023 were Polar Rice, Nuts and Dangbei, while Xiaomi ranked fourth in sales dimension and Vidda ranked fourth in sales dimension. In addition, the sales volume of 1LCD projection TOP4 brands are Xiaoming, Xiaomi, Patriot and Zhima, with a total share of 32.6%.

Referenc

China has become the world's largest consumer market for projectors. "made in China" accounts for more than 75% of the world.

Semi-annual report | Summary and Prospect of China's Intelligent projection Market in the first half of 2023

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