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Global $380.9 Billion 4K TV (Television) Market Analysis 2014-2025 - Key players are Samsung, LG Electronics, Sony Corp., Hisense, and Sharp Corp - Research and Markets
By: Business Wire
Jul. 17, 2017 07:04 AM
The "4K TV (Television) Market Analysis By Screen size (Below 52 Inches, 52 - 65 Inches, Above 65 inches), By Region (North America, Europe, Asia Pacific, Central & South America, MEA), And Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.
The global 4K TV market is expected to reach USD 380.9 billion by 2025
The evolving nature of the consumer electronic industry, advancements in graphic engines of televisions, increased pressure on manufacturers to reduce prices, and popularity of the ultra-high definition technology & its advantages have fueled the demand for UHD televisions in the past few years.
Latest graphic processors permit advanced technical image formats and have improved the content quality significantly hence, they are widely used in production and distribution of UHD content. Customers are getting accustomed to using such contents, which is further anticipated to spur the market growth.
The 52-65 inches' segment dominated the global 4K TV market in 2016 since this segment has a wide range of product offering at different price points. Moreover, the adoption of novel technologies, such as Quantum dot LEDs (QLEDs) and Super UHD (SUHD) and decreasing prices of 4K TVs are expected to catapult the segment demand over the forecast period.
Televisions belonging to this range have high penetration rates as compared to the others. However, the above 62 inches' screen size segment is expected to witness the highest growth over the forecast period owing to the declining price trend of 4K TVs coupled with increasing disposable incomes of individuals globally.
China is one of the biggest manufacturers of LCD panels for televisions. The country accounted for more than 70% of the total market share in 2016. Furthermore, North America is projected to be the highest growing region owing to the rising disposable income of the individuals and the increasing penetration of UHD set top boxes in the region.
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. 4K TV Market Trends, Variables, and Scope
4. 4K TV Market: Screen Size Outlook
5. 4K TV Market: Regional Outlook
6. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/kzsbc7/4k_tv
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