Epson accelerates its lead as number one Pro AV projector vendor across EMEAR
Epson continues to consolidate its position as leading projector manufacturer in the Pro AV and installation market above 6,000 lumens across the world including EMEAR, according to latest market volume share data from Futuresource. Epson now commands 32 percent1 of the Pro AV market across EMEAR, an increase of 9 percentage points over the same period last year, with market volume share continuing to accelerate in 20192
Across the world, Epson has held the number one market share position for projectors for 17 successive years, with total global sales of projectors of 24.4 million since 20061. Epson is now the market share global leader for projectors above 6,000 lumens commanding a 31% volume share, some 9 percentage points higher than its nearest rival.
Neil Colquhoun, vice president CISMEA and professional displays, Epson Europe, says:
“These latest results confirm Epson as the leading projector Pro AV brand for 4 successive quarters across EMEAR. I’ve always asked us to be judged on long-term trends not short-term results reflecting our business approach which is to develop long-lasting strategic partnerships. These results continue to validate that strategy.
Thanks to our unique Epson 3LCD technology we are again outperforming the projector market, reflecting our commitment to producing innovative solutions based on customer insight. We believe Epson is now taking share from substitute technologies with creative installations such as immersive experiences in museums, projection mapping and, with our newest technology LightScene in digital signage.
I would like once again to thank all our customers who are at the heart of our success. 2019 promises to be even bigger and better as we launch our long-awaited L20000U 20k lumen WUXGA projector and L12000Q 12k lumen native 4k model, amongst other exciting new products.
“This year at ISE we are also showcasing our strongest ever AV line-up, from the very high end 30,000 lumens EB-L30000U to the new, compact, signage projector, the EB-U50.”
Volume |
EMEAR |
|
|
|
FY17 Q3 |
FY18 Q3 |
% increase/decline volume share |
Market Size4 |
8902 |
9812 |
|
Epson Share |
23% |
32% |
+9% |
Nearest competitor |
25% |
23% |
-2% |
*Source Futuresource, Brightness above 6000 Lumens |
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About Epson
Epson is a global technology leader dedicated to co-creating sustainability and enriching communities by leveraging its efficient, compact, and precision technologies and digital technologies to connect people, things, and information. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson will become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050.
Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of around JPY 1 trillion.