Epson retains the No.1 position in the Indian Projector Market for the eighth consecutive year

India, June 14, 2024:Epson, a worldwide chief in digital imaging and printing choices, at current launched its continued administration and year-on-year market share improvement in the Indian projector market. According to the latest data revealed by Futuresource Consulting for FY23, Epson provided 77,637 projectors out of the normal 172,414 projectors provided in the nation all through the fiscal year 2023-24. This gave Epson a serious market share of 45.03% in FY2023. Epson has grown its market share by 13% in FY2023 from its earlier share of 31.54% in FY2022. Futuresource Consulting are market specialists in seen reveals and are accepted as the worldwide projector commerce commonplace.

Epson has been the chief in the Indian projector market since the FY 2016-17. Globally, Epson has been the No. 1 projector mannequin position for 22 years, with a Global market share of 32.3% in FY 2022-23. Epson stays the market chief in every B2B and B2C lessons. Epson attributes its success to its proprietary 3LCD know-how which delivers vibrant and true-to-life images with as a lot as 3 events elevated shade vibrancy and the subsequent shade gamut than others. Epson says its projectors have all the time been renowned for their high-quality effectivity, revolutionary choices and superior know-how. The most recent projectors elevate the individual experience with Laser light provide, Ultra Short throw, 3LCD Reflective Laser know-how and 4K for state-of-the-art home theatre projectors. Epson says it should proceed to focus on creating cutting-edge utilized sciences and choices to ensure it stays the most preferred projector mannequin every in India & Worldwide.

Epson’s key segments for projectors embrace education, corporates, authorities and residential, with each presenting very important improvement alternate options. Epson projectors are primarily used in firm meeting rooms for reveals, for collaborating school college students in lecture rooms, for huge venue and theatre type projections and for an elevated home theatre experience. Demand is being fueled by digital lecture rooms, hybrid meeting rooms, teaching rooms, projection mapping, digital paintings galleries, rental and staging, and residential leisure. The newer shift in the path of Laser light provide projectors with longer lifetime of upto 30,000 hours is supporting greener and cost-efficient workplaces. In the education sector, digitization and interactive finding out are driving projector adoption. Smart choices like wi-fi connectivity and mobile compatibility further enhance attraction, reflecting a improvement in the path of a seamless, helpful multimedia experiences.

Commenting on the achievement, Mr. A. Ok. Harish, Senior General Manager – Visual Products, Epson India, acknowledged, “We are delighted to not merely retain the No.1 position in the Indian projector market for FY2023, nonetheless to significantly enhance our market share as successfully. We have been the market leaders in India for a number of years now. Over the years, the projector market has developed significantly, offering a further superior individual experience along with seamless choices. Epson has persistently been at the forefront of this transformation, delivering merchandise that current vibrant, true-to-life images and a viewing experience that exceeds purchaser expectations”.