Epson is one of the leading manufacturers of printing and video projection equipment in the world.
“Video projector sales are down by more than 30% compared with last year, when the European Football Championship took place. The market will rebound next year, when the World [Football] Cup will be held,” Simona Decuseara, country manager for Epson’s subsidiaries in Romania and Bulgaria, told ZF.
“The years with sporting events are always better. People buy projects for their homes and for businesses and pubs.”
The market also declined in value from EUR6 million in the first half of 2016 to EUR4 million in the first half of 2017. Sales of projectors stood at more than 23,000 units or EUR13.8 million last year.
Epson accounted for 36% of the local video projector market by value in the first half, up from the year-ago period, when its market share stood at 27%.
“We seek to end the year with more than 30% market share by value.”
(English version by Loredana Fratila-Cristescu)