The digital light processing chipset market was valued at USD 1.59 billion in 2021 and is expected to reach the value of USD 12.35 billion by 2027, at a CAGR of 29.20% during the forecast period.
Digital Light Processing Chipset Market Overview
Digital Light Processing is a novel method of displaying and projecting data. Texas Instruments pioneered this technology, based on the digital micro mirror device. Front and rear projection units employ digital light processing technology. This technology is primarily based on an optical semiconductor known as a Digital Micromirror Device (DMD), which uses mirrors to reflect light in order to create the image. These aluminium mirrors are embedded in a semiconductor chip. DLP chip refers to the digital micromirror device.
Increasing the number of digital screens in the film industry, increasing the demand for high brightness projectors with and without interactive capabilities, shifting inclination towards digital screen over analogue screen, and high adoption of advanced technology and methods are some of the factors that will propel the growth of the digital light processing chipset market during the forecast period of 2022-2027. On the other hand, the increasing prevalence of holographic storage spectroscopes and medical imaging will provide ample opportunities for the growth of the digital light processing chipset market during the forecast period.
The sealed imaging chip and filter free chips are the major factors driving the growth of the digital light processing chipset market. The majority of digital light processing projectors use DLP chips, which eliminates the possibility of dust particles entering the projected image. Furthermore, the DLP chips operate without air filters, which reduces maintenance because the filter does not need to be cleaned. The high cost of the chipset is a major restraining factor that limits the growth of the digital light processing chipset. However, due to new DLP chip applications such as LED pico projectors that fit in the palm of our hand and have the size of a mobile phone, the digital light processing chipset market is expected to grow.
Who are the Major Players in the Digital Light Processing Chipset Market?
The global Digital Light Processing Chipset includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Texas Instruments, Osram Opto Semiconductors, Barco, Sharp, Optoma, Samsung Electronics, Greenlight Optics, Acer, IntelLuminous Device, AIPTEK International and others.
Industry News and Updates:
May 2020--NEC Display Solutions, Ltd. has introduced the most compact and quietest digital cinema projector, the NC1402L, which is based on advanced laser light source technology and provides premium quality, crisp colour imaging capability.
What are the major Applications, Types, and Regions for the Digital Light Processing Chipset Market?
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
- DLP Pico Chipset
- DLP Standard Chipset
By Application, it is segmented into
- Mobile Phone
- Home Theater
- Wearables
- 3D Printer
- Other
Digital Light Processing Chipset Market Regional Analysis
Because of the rapid and excessive use of smartphones and other electronic devices, North America and Asia Pacific appear to be the dominant regions in terms of use of digital light processing chipset. Countries such as the United States, China, Japan, and India are expected to grow in the forecast period of 2022 to 2027.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Digital Light Processing Chipset Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Digital Light Processing Chipset Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Digital Light Processing Chipset Market report scope?
Scope of the Report covers Digital Light Processing Chipset Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Digital Light Processing Chipset Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes
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Report Details
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Report Title
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Digital Light Processing Chipset Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Texas Instruments, Osram Opto Semiconductors, Barco, Sharp, Optoma, Samsung Electronics
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Forecast Period 2022 to 2027 CAGR
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CAGR of 28.6% over the forecast period (2022-2027)
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By Type
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- DLP Pico Chipset
- DLP Standard Chipset
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By Application
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- Mobile Phone
- Home Theater
- Wearables
- 3D Printer
- Other
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By Companies
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Texas Instruments, Osram Opto Semiconductors, Barco, Sharp, Optoma, Samsung Electronics, Greenlight Optics, Acer, IntelLuminous Device, AIPTEK International
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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136
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Digital Light Processing Chipset Report
- Evaluate Digital Light Processing Chipset market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.
- Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.
- Get a quick outlook on the Digital Light Processing Chipset market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.
- Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Digital Light Processing Chipset Market is studied from 2017 - 2027.
What is the growth rate of the Digital Light Processing Chipset Market?
The Digital Light Processing Chipset Market is growing at a CAGR of 28.6% over the next 5 years.
Who are the key players in Digital Light Processing Chipset Market?
Texas Instruments, Osram Opto Semiconductors, Barco, Sharp, Optoma, Samsung Electronics, Greenlight Optics, Acer, IntelLuminous Device, AIPTEK International
What regions does this Digital Light Processing Chipset Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Digital Light Processing Chipset Market?
DLP Pico Chipset, DLP Standard Chipset
What are the major end-use applications of Digital Light Processing Chipset Market?
Mobile Phone, Home Theater, Wearables, 3D Printer, Other
All our reports are custom-made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
