India, 13 August 2018 – BenQ, the global no. 1 DLP projector brand, today announced that it is yet again the no. 1 projector brand in the fast growing India market with a market share of 29% during H1 2018 as per Futuresource Consulting report. Overall projector market in India in H1 2018, has grown by over 30% as compared to H1 2017 as per Futuresource Consulting report registering one of the fastest growth in Asia pacific region. Majority of this high growth can be attributed to the increased government spendings to upgrade education infrastructure. During H1 2018, BenQ has sold more than 50 thousand projectors and has become the first ever brand to do so.
In the 4K projector market, over-all BenQ’s market share in India in H1 2018 has been 43.3%. In the fast growing 4K Home Entertainment Projector Segment also, BenQ has a dominant 58% market share now in H1 2018.
Commenting at the announcement, Mr. Rajeev Singh, Managing Director, BenQ said, “BenQ today stands tall, retaining its position at the top of the ladder in the projector market in India, with number 1 ranking and market share of 29% during H1 2018. BenQ is leading the way in the 4K evolution with projectors to deliver the ultimate performance and will continue to innovate and revolutionise the technology. We take pride being the dominant market leader in Indian Education market with a market share well over 50%.”