In 2020, the global projector market is in a very tough situation due to the COVID-19 pandemic
Sales fell 25.8 percent in the first quarter, while sales fell 25.5 percent, largely due to the impact of the epidemic on China’s supply chain. The decline in Europe, the Middle East and Africa, at 15 per cent, was not that bad. Eastern Europe even saw an uptick in sales from Russia.
The global market was hit hard in the second quarter, with volume halving, down 47.6%, and sales down 44.3%. Europe, Middle East and Africa also fell 46%, with Eastern Europe and MEA falling below 50%.
Global sales recovered in the third quarter, falling 29.1 per cent to 1.1 million units, while sales in Europe, The Middle East and Africa fell 22.6 per cent to 316,000 units, down 28.8 per cent. Sales fell 42.5 per cent and 49 per cent in the UK, 11.4 per cent and 22.4 per cent respectively in Germany.
The epidemic has completely banned the public activities, especially hit the sales of high-end projectors, corporate conference rooms, school classrooms, exhibitions and other B2B markets have experienced varying degrees of decline.
By the end of 2021, as most people in the world of outbreaks have immunity, the economy will get recovery, according to the four stages of the economic cycle, high – smooth – recession – crisis, until again, consumer electronics products will be with its wide coverage, style, advantages of the price range is big, to guide the consumer trend again.
Post time: Dec-27-2021
