Epson, a world leader in digital imaging and printing solutions today announced that it has retained its No. 1 position in the Indian Projector market. This is as per the latest data published by Futuresource Consulting for FY19. FutureSource Market Insight Report is accepted as the worldwide projector industry standard.
According to the report, Epson sold 76,761 projectors out of the overall 284,495 sold in India in FY19, capturing a market share of 26.9% and reinforcing its position as the country’s No. 1 projector brand. Epson established a dominant position yet again with its nearest competitor BenQ trailing with 21.6% of the market share for the period.
Futuresource Consulting, market specialists in visual displays, confirms that Epson is also the market leader worldwide for the past 19 years, from calendar year 2001 to 2019, with a worldwide market share of 41.4% in calendar year 2019.
Commenting on the announcement, Mr. Harish A K, General Manager – Visual Products, Epson India, “We are proud to have yet again retained the No. 1 spot in the Indian projector market, which we have been leading for five consecutive years now. At Epson, we design, manufacture, sell and service our projectors ourselves, something that very few can claim in the industry. Our focus will be to maintain our market leadership in the coming years by focusing on developing cutting edge technologies and embracing innovation.”
Epson attributes its success to its proprietary 3LCD technology which is responsible for creating superior vibrant images that represent color brightly and accurately and recreate tones from a very wide color gamut. Together with high-quality performance, innovative features and technology advancements, Epson’s most recent projectors elevate the user experience with collaborative tools on their interactive projectors, and with 3LCD Reflective laser technology and 4K enhancement for their state-of-the-art home theatres.
The projector market in India grew by 3.3% over the last year however the outlook for the year ahead remains cautious given the current uncertain situation.
Epson is a global technology leader dedicated to becoming indispensable to society by connecting people, things and information with its original efficient, compact and precision technologies. The company is focused on driving innovations and exceeding customer expectations in inkjet, visual communications, wearables and robotics. Epson is proud of its contributions to realizing a sustainable society and its ongoing efforts to realizing the United Nations’ Sustainable Development Goals. Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of more than JPY 1 trillion. global.epson.com/
About Epson India
Epson India Pvt. Ltd. was incorporated in the year 2000. Epson products address the needs of homes, businesses and commercial enterprises as those of consumers with specialized needs in India. With a commitment to providing products and services that surpass people’s expectations, Epson India today has an enviable reputation for quality and value. Headquartered in Bangalore, the company markets and supports Epson Inkjet Printers, Inkjet All-in-Ones, Point of Sale Printers, 3LCD Projectors, Scanners, Large Format Printers, Robots and Dot-Matrix Printers. In all of these categories, Epson is either the No. 1 or No. 2 brand in India and growing fast. https://www.epson.co.in/