Epson Projectors yet again retain the Number 1 Position in India. They have been maintaining their position for the sixth consecutive year. This is as per the latest data published by Futuresource Consulting for FY20 which is accepted as the worldwide projector industry standard.
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Commenting on the announcement, Mr. Harish A K, Sr. General Manager – Visual Products, Epson India, “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. We are one of the very few companies to design, manufacture, sell and service our products. Our customers recognize and appreciate this and it is for this reason that we have been able to augment our market share both in India and globally. In the coming years, our efforts will be towards accelerating our growth momentum to retain the No. 1 position in the market.”
There have been multiple reports according to which Epson sold 25,239 projectors out of the overall 97,251 sold in India in FY20. This has helped them capture a 25.95% market share 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.
Additionally, Futuresource Consulting has 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. They 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.
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