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Pacific Media Associates Expects Worldwide Home Theater Projector Market to Hit Nearly $1 Billion This Year

Pacific Media Associates has just released its latest quarterly forecast for the projector industry. Expectations are that sales of home theater projectors will hit $915 million by year’s end with strong growth on both a volume and revenue basis over 2011.

“During last year’s holiday season, sales of home theater projectors hit an all-time high,” said Michael Abramson, vice president of Pacific Media Associates. “We expect another new high this holiday season. Attractive offerings in the sub-US$1,000 segment are tempting new buyers in both developed and developing countries. And in the mid-range and high-end segments, manufacturers have refreshed their lineups with performance improvements across a range of features such as brightness, native contrast ratio, wireless capabilities and 3D.”

In terms of shipments, the two main resolutions — native 1080p and native 720p — are forecast to register double-digit growth this year with gains across a variety of channels, including storefronts, online and home theater installers. Sales of 4K home theater projectors were launched on a worldwide basis earlier this year, so this will be their first full holiday season of availability.

The full report can be found here.

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