Front Projectors WW Shipments Hit $2.63 billion

Futuresource Consulting

Worldwide shipments of front projectors grew year-on-year by 6% to 2.12 million units in Q4 2013, representing $2.63 billion in value, according to research by Futuresource Consulting.

Eastern Europe enjoyed the greatest year-on-year quarterly growth where 151,000 units were shipped during Q4 2013, a 12% increase from the year before. The end of a temporary diversion of government funding for infrastructure for the 2014 Winter Olympics allowed Russia to resume its high sell-in volumes, with a total of 780,300 units shipped - a 10% year-on-year increase. Most of this volume went into the education sector and high sell-in is expected to continue for the short term. EU member states in Eastern Europe also enjoyed growth not only due to the Q4 retail period but also as a result of using up the remainder of their 2007-2013 EU budget.

The Middle East and Africa saw only modest growth in Q4 2013 with 139,000 units shipped, a 1% year-on-year growth. This was due to education projects in Saudi Arabia and UAE failing to come to fruition. However, the MEA region remains a strong opportunity long term due to its low penetration.

With 412,000 units shipped during Q4 2013, Western Europe also enjoyed an overall year-on-year growth of 3%, largely due to strong retail sales in France and Germany, whose markets had year-on-year increases of 8% and 9% respectively. Spain also had its best sell-in since 2011 with 330,900 projectors being shipped during the last quarter of 2013. A reduced sell-in to the UK's under-represented retail market for projectors saw the country experience a 5% year-on-year decline in total sales in the final quarter.

This Futuresource Consulting report runs 153 pages and reviews the global quarterly performance of the front projectors and provides an outlook to 2019, profiling key countries and regions.

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