WiseGuyReports published new report, titled “4K Ultra-high Definition (UHD) Technologies”
Ultra-high definition TV (UHDTV) is the 4K standard for TV and PC screens. UHD-1 is additionally called 2160p as it has a determination of 3840 × 2160 (16:9, or around a 1.78:1 perspective proportion), which is double the level and vertical determination of 1080p, or three times the even and vertical determination of 720p. The market size of 4K UHD was $43.4 billion in 2016, and is estimated to reach nearly $132.9 billion by 2022. 4K UHD is anticipated to increase at a CAGR of 20.5% during the forecast period of 2017 through 2022.
Several areas where 4K UHD is being used include the television sector, monitors, laptops, phones and 4K recording instruments such as cameras and virtual reality (VR) headsets. Technological advancements such as improved features as compared with the older versions in TVs, narrow spectrum of wavelength simulation and resolution, which enable one to watch anything on a big screen in a compact room without making any changes in the position of the screen. The market has been segmented on the basis of technology, screen size and end use. On the basis of screen size, the market is segmented as follows:under 40 inches, 40–49 inches, 50–55 inches, 60–65 inches and 70 inches plus. Under 40-inch screens include monitor screens, laptops, smartphones, cameras and virtual reality headsets, and 50–55 inches and above include television sets.
On the basis technology, the market is sub-segmented into LED technology, OLED technology and QLED technology. Accordingly, in terms of revenue, OLED technology dominates the global 3D printing in the healthcare market and is estimated to generate REDACTED billion by 2022. In terms of the fastest-growing market, QLED technology is estimated to dominate the market with a CAGR of REDACTED%. In terms of end use, the market is segmented into TVs, monitors, projectors, phones, virtual reality headsets and 4K recording devices.
The television market dominated the market with REDACTED in 2016, generating revenues of REDACTED billion. The phones market is the second highest market with REDACTED%. By 2022, the phones market is estimated to dominate with a CAGR of REDACTED%, generating revenues of nearly REDACTED billion. As the demand for televisions and phones increase with the rise in technology, the market is also likely to grow.On the basis of screen size, the market is segmented into screens under 40 inches, 40 to 49 inches, 50 to55inches, 60 to 65 inches and 70 inches and above. In 2016, 50 to 55 inches dominated the market with REDACTED%, generating revenues of REDACTED billion. Accordingly, in 2022, 50 to 55-inch screens are estimated to dominate the market with a share of REDACTED% at a CAGR of REDACTED%. The market for 4K UHD has been further analyzed on the basis of the geographical regions that are contributing toward the growth of themarket.Asia-Pacific dominated the regional markets for 4K UHD in 2016, with revenues of REDACTED billion and isalso estimated to dominate the market by 2022, with revenues of $51.6 billion. North America is the fastest growing market with a CAGR of REDACTED%.
Several companies are in the market for 4K UHD such as Micromax, Microsoft, Onida, Panasonic, Philips, Pimax Samsung, Sanyo, Sceptre, Sharp, Skyworth, Sony, StarVR, TCL, Toshiba, Acer, Videocon, Vizio, Vu Electronics, Westinghouse Electric, LG, AOC/TP Vision, Apple, Asus, Bang & Olufsen, BenQ, Changhong, Dell, Epson, Haier, Hisense, Insignia, JVC, Konka, Lenovo, LeTV, Loewe, Magnavox, Metz and Xiaomi. These companies work with LED, QLED and OLED technology. The only company that works with QLED technology in 4K UHD is Samsung.Report Scope:
Globally, 4K UHD technology is expected to grow at a compound annual growth rate (CAGR) of 20.5% during the forecast period. Ultra-high definition is the term used for resolutions over HD (1080p). It includes both 4K and 8K screen resolutions. However, the report only includes 4K technology, which has garnered far more acceptance and popularity among end users. 4K UHD has witnessed a significant price drop and increased innovation in terms of screen size. This has led to a significant rise in the demand for 4K UHD televisions. The market for 4K UHD is segmented on the basis of screen size, screen technology and end use. In terms of screen size, the market is segmented into screens that are less than 40 inches, 40–49 inches, 50–60 inches, 60–65 inches and 70+ inches. In terms of screen technology, the market is segmented on the basis of LED, OLED, QLED and others. Demand for LED and OLED is highest. In terms of end use, the market is segmented into TVs, phones, projectors, monitors and VR headsets. Most of the manufacturers in the market for 4K UHD are television manufacturers. There is significant demand for higher resolution TVs. Set-top box manufacturers and service providers have also started rolling out 4K set-top boxes and services, which in turn is augmenting the demand for televisions. More content is being developed in 4K UHD technology. Sports events are being live telecasted in 4K quality too. Such developments are leading the surge in demand for 4K UHD TVs. Monitors and projectors are next in terms of market share whereas 4K UHD technology is still in development for phones and VR.
The major geographic regions covered in the report are North America (the U.S., Canada), Europe (U.K., Italy, France, Germany and Spain), Asia-Pacific (China, Japan and India) and the Rest of the World (RoW) (Russia, Brazil, Middle East and Africa). Estimated values used are based on manufacturers’ total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation. The study covers the global market for 4K UHD. The selection of the countries that are included in this report was mainly based on the total revenue generated. Major countries included in the report are the U.S., Canada, Germany, the U.K., Spain, Italy, France, China, Japan and India.
The competitive landscape of the global market for 4K UHD is discussed at length. Major companies involved in 4K UHD are profiled in the report, with a description of their product portfolios and recent developments. All categories are discussed in detail, describing each segment, measuring market size, identifying market drivers, forecasting for 2016 to 2022, and assessing the competitors and competitor market shares.
– 42 data tables and 29 additional tables
– An overview of the global markets for 4K ultra-high definition(UHD) technology
– Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022
– Insight into the factors influencing market growth, such as drivers, restraints, and opportunities
– Company profiles of major key players in the market, including:
Microsoft Corp., Panasonic Corp., Philips, Samsung Electronics Co. Ltd, Sony, Toshiba Corp., and Xiaomi Inc.ACER
BANG & OLUFSEN
CHANGHONG ELECTRIC CO. LTD
WESTINGHOUSE ELECTRIC CORP.
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