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8K technology Market 2019 Analysis By Top Key Players (BOE Japan Co. Ltd., Canon Inc, Dell Inc., Hisense Co. Ltd., Ikegami Tsushinki Co. Ltd.,8K technology Market 2019 Analysis By Top Key Players (BOE Japan Co. Ltd., Canon Inc, Dell Inc., Hisense Co. Ltd.
8K technology
The 8K technology market was valued at USD 148.0 million in 2018 and is projected to reach a market value of USD 663.6 million by 2023 at a CAGR of 35.0%, during the forecast period i.e. 2018 to 2023. 8K technology market is at the emerging phase of product life-cycle. Strong demand for display panels with high resolution, fast response time, and better picture quality is expected to elevate the market growth in next couple of years. The 8K technology market is witnessing an increase in the demand from various end-use industries including healthcare & medical, entertainment and commercial industries.
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8K technology market is dominated by the presence of players such as BOE Japan Co. Ltd., Canon Inc, Dell Inc., Hisense Co. Ltd., Ikegami Tsushinki Co. Ltd., LG Electronics Inc, Panasonic Corporation, Red Digital Cinema Camera Company, Samsung Group, Sharp Corporation. These players are focusing on strengthening their presence in the 8K technology market in order to meet increasing demand from consumer electronics industry with high demand for better display screens and technological advancements in microLED.
On the basis of product type, 8K technology market is segmented into TVs, displays and cameras. The technological advancements in these products have made the incorporation of the 8K technologies in these products easier. The market in camera segment is experiencing high growth owing to increasing demand from filmmakers for the 8K cameras due to its ability to capture better images. NHK the broadcasting company, for instance, in Japan, has launched its 8K SHV channels to provide 8K media on a large scale. Televisions segment is projected to grow at highest rate as it is mostly suited for 16:9 aspect ratio.
Based on application, 8K technology market is classified into healthcare & medical, electronics, FMCD industries, and others. Healthcare & medical industry is expected to account for major share considering its ability to view and differentiate between internal tissue structures from the damaged and infected one. Since the 8K imaging systems have a high pixel count, they gain more preference over the traditional imaging techniques.
APAC accounted for the major share of the 8K technology market in 2018, and this trend is expected to continue during the forecast period. Strong demand from countries such as South Korea, China, and Japan are the major factor for APAC’s dominance in the global 8K technology market. China is expected to account for the largest share of the market during the forecast period owing to the fact that there are several 8K technology providers in the country with robust display manufacturing capabilities.
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TOC
1 8K Technology Market Overview
1.1 8K Technology Product Overview
1.2 8K Technology Segment by Types (Product Category)
1.2.1 Global 8K Technology Sales and Growth (%) Comparison by Types (2013-2025)
1.2.2 Global 8K Technology Sales Market Share (%) by Types in 2017
1.2.3 Television
1.2.4 Display
1.2.5 Camera
1.3 Global 8K Technology Segment by Resolution
1.3.1 Global 8K Technology Sales Comparison by Applications (2013-2025)
1.3.2 7680 x 4320
1.3.3 8192 x 4320
1.3.4 8192 x 5120
1.3.5 8192 x 8192
1.4 Global 8K Technology Segment by Applications
1.4.1 Global 8K Technology Sales Comparison by Applications (2014-2025)
1.4.2 Electronics
1.4.3 Healthcare & medical
1.4.4 FMCD
1.4.5 Others
1.5 Global 8K Technology Market by Regions (2013-2025)
1.5.1 Global 8K Technology Market Size and Growth (%) Comparison by Regions (2013-2025)
1.5.2 North America 8K Technology Status and Prospect (2013-2025)
1.5.3 Asia-Pacific 8K Technology Status and Prospect (2013-2025)
1.5.4 Europe 8K Technology Status and Prospect (2013-2025)
1.5.5 South America 8K Technology Status and Prospect (2013-2025)
1.5.6 Middle East and Africa 8K Technology Status and Prospect (2013-2025)
1.6 Global 8K Technology Market Size (2013-2025)
1.6.1 Global 8K Technology Revenue (Million USD) Status and Outlook (2013-2025)
1.6.2 Global 8K Technology Sales Status and Outlook (2013-2025)
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