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Front projector shipments reach €1.9bn

Worldwide shipments of front projectors grew 6% year-on-year to 2.12 million units for Q4 2013, representing $2.63 billion (€1.9bn) value, according to research revealed by professional market researcher Futuresource Consulting.

In 2013, EMEA quarterly performance in Q4 posted a 4% year-on-year volume growth to reach 702,000 units. Although this wasn’t enough to offset the year-on-year decline of 6%.

Eastern Europe enjoyed the greatest year-on-year quarterly growth for EMEA where 151,000 units were shipped during Q4 2013, amounting to a 12% increase from the year before. Within those stats, and driven by the 2014 Winter Olympics in Sochi, Russia recorded a 10% increase in year-on-year shipments. 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, meanwhile, saw only modest growth in Q4 2013 with 139,000 units shipped, a 1% year-on-year growth.

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 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.

Elsewhere, the Asia-Pacific market enjoyed a 5% year-on-year increase in projector shipments during Q4 2013 where a total of 835,000 units were shipped. However annual totals contracted by 0.2% with 3.17 million units shipped during 2013 compared to 3.18 million units in 2012.

The Americas market grew by 8% year-on-year in Q4 2013 following a generally poor sell-in to the region during 2013.The United States was the key driver behind the regional growth where virtually all market segments had increased sales – a year-on-year growth of 12% in Q4 2013 – after weak sales in the first three quarters of 2013.

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