Epson retains No. 1 position in India

Digital imaging and printing solutions provider Epson has been ranked the No. 1 in the Indian projector market for the sixth consecutive year, as per the latest data published by Futuresource Consulting for FY20.

The Futuresource Market Insight Report is said to be accepted as the worldwide projector industry standard.

According to the report, Epson sold 25,239 projectors out of the overall 97,251 sold in India in FY20, capturing a 25.95% share of the market and reinforcing its position as the leading projector brand in the country. The Indian projector market faced headwinds due to the prevailing conditions with education and corporate sales declining steeply. However, the pandemic has fuelled the demand for projectors for entertainment, work and learning from home needs.

Harish AK, senior general manager - visual products, Epson India, said, “At Epson, our vision has always been to create superior products that offer unmatched value to our customers. Thanks to our 3LCD technology, Epson projectors provide images that are up to three times brighter than competing technologies.”

Futuresource Consulting, market specialists in visual displays, confirmed that Epson has also been the worldwide market leader for 20 straight years, from calendar year 2001 onwards, with a worldwide market share of 41.3% in the calendar year 2020.

Epson attributed its success to its proprietary 3LCD technology, which is responsible for creating superior vibrant images that represent colour brightly and accurately and recreate tones with a very wide colour gamut. Coupled with high-quality performance, innovative features and technology advancements, Epson's most recent projectors elevate the user experience with 3LCD Reflective Laser technology and 4K enhancement for their home theatre projectors.