Epson Retains No.1 Position in the Indian Projector Market
for the Eighth Consecutive Year
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 the leader in the Indian projector market since the FY 2016-17. Globally, Epson has
been the No. 1 projector brand for 22 years with a global market share of 32.3% in FY 2022-23. The
brand 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 says 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. Epson says it will
continue to focus on developing cutting-edge technologies and solutions to ensure it remains the
most preferred projector brand both in India & 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."