Epson Retains No.1 Position in The Indian Projector Market
for The Eighth Consecutive Year
The brand has dramatically grown its market share to 45.03% in FY23
Epson, one of the global leaders in digital imaging and printing solutions, announced its
continued
leadership and year-on-year market share growth in the Indian projector market. According to the
latest data published by Futuresource Consulting for FY23, Epson sold 77,637 projectors out
of the
overall 172,414 projectors sold in the country during the fiscal year 2023-24. This gave Epson a
significant market share of 45.03% in FY2023. Epson has grown its market share by 13.49% in FY2023
from its earlier share of 31.54% in FY2022. Futuresource Consulting are market specialists in visual
displays and are accepted as the worldwide projector industry standard.
Epson has been one of the leaders in the Indian projector market since the FY 2016-17. Globally,
Epson has been No. 1 projector brand for 22 years, with a global market share of 32.3% in FY
2022-23. Epson remains the market leader in both B2B and B2C categories. Epson attributes its
success to its proprietary 3LCD technology which delivers vibrant and true-to-life images with up to
3 times higher color vibrancy and a higher color gamut than others. Epson claims that its projectors
have always been renowned for their high-quality performance, innovative features, and advanced
technology. The most recent projectors elevate the user experience with Laser light source, Ultra
Short throw, 3LCD Reflective Laser technology and 4K for state-of-the-art home theatre projectors.
The team will continue to focus on developing cutting-edge technologies and solutions to ensure it
remains the most preferred projector brand both in India and worldwide.
Commenting on the achievement, Mr. A. K. Harish, Senior General Manager - Visual Products,
Epson
India, said, “We are delighted to not just retain the No.1 position in the Indian projector market
for FY2023, but to significantly increase our market share as well. We have been the market leaders
in India for many years now. Over the years, the projector market has evolved significantly,
offering a more advanced user experience along with seamless features. Epson has consistently been
at the forefront of this transformation, delivering products that provide vibrant, true-to-life
images and a viewing experience that exceeds customer expectations.â€