BANGALORE, INDIA: Epson has retained the No.1 position in the Indian Projector Market according to the latest data released by Cyber Media Research (CMR) for the period H1, FY15-16.
The Indian Projector market is highly competitive with more than 20 brands currently competing for a piece of the pie. The India digital projector market recorded revenue of Rs. 3,527 million in H1, FY15-16 and the volume is expected to grow at a CAGR of 7% from FY2015-16 to FY2020-21.
Epson registered consistent growth in the education, business and home segments and dominated the country’s projector market with 24% market share in terms of unit shipments and 27% market share in terms of revenue. The company recorded 5% growth in volume and 7% in revenue in H1, FY15-16 over the same period last year.
Samba Moorthy, Vice President -Sales & Marketing, Epson India said, “Epson prides itself on providing projectors that are 3 times brighter than the competition technology. Our projectors incorporate innovative and cutting-edge technology, whether it's interactivity for increased collaboration in a corporate environment or an unparalleled viewing experience in a personal home theater. ”