Epson has attained two significant milestones in its projector business by achieving an unprecedented 11th straight year of global projector market leadership and shipping a total of 80 million high-temperature polysilicon (HTPS) TFT liquid crystal panels for 3LCD projectors, representing about 26.5 million projector units.
According to the latest data from specialist projector market research company, Futuresource Consulting, Epson achieved the number one global projector market share of 22.9% in 2011, making it the top projector maker for an 11th straight year. This figure also represents Epson’s seventh straight year of market share growth and is the highest that Epson has achieved in the past 11 years.
“Epson is very thankful to our customers for helping us achieve this stunning success, and our achievement of an unprecedented 11th year at no. 1 in the global projector market also affirms the quality and value we have been providing them,” said Donna V. Ferro, General Manager for Epson Philippines Corporation.
For over two decades, Epson has maintained its position as the world’s No. 1 supplier of HTPS panels, the core devices at the heart of 3LCD projectors. It has led the industry by developing and providing technologies that boost power and performance.
The expansion of the 3LCD projector market has for a long time been driven primarily by enterprise demand for business presentations. Today, 3LCD projectors are widely used in a variety of market spaces. In the home theater segment, projectors offer a compelling movie-viewing experience with 3D and high contrast ratio, capable of producing jet-black shadows. In the education segment, projectors facilitate effective learning at school. Projectors also offer effective support for events in the commercial segment by delivering lectures, art, and entertainment in large spaces. These applications just scratch the surface of the potential of projection technology. In light of this, the market for projectors is expected to grow nearly 10% every year.
“Epson is the leader in the development and manufacture of the HTPS panels,” said Nobuyuki Shimotome, Deputy Chief Operating Officer of Epson’s Visual Products Operations Division, “Going forward, we will further cement our position as the market leader by enhancing and expanding our lineup with products that leverage our unique technologies to meet specific market needs.”