Press release
4K TV Market Research Report 2023-2032: Market Size, Growth Drivers, Industry Trends And Forecast | Samsung, Haier Group Corporation, Panasonic Holdings Corporation, Koninklijke Philips N.V, Sharp Corporation
4K TV Market
The Business Research Company's 4K TV Global Market Report 2023 identifies rising consumer demand for UHD technology devices as the major driver for the 4K TV market's growth in the forecast period. UHD technology refers to a type of display resolution standard that has at least 3840 by 2160 pixels (8.3 megapixels; 4K).
The global 4k tv market size grew from $181.43 billion in 2022 to $222.73 billion in 2023 at a compound annual growth rate (CAGR) of 22.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The 4k tv market size is expected to grow to $516.24 billion in 2027 at a CAGR of 23.4%.
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Major competitors in the 4K TV market are Samsung, Haier Group Corporation, Panasonic Holdings Corporation, Koninklijke Philips N.V, Sharp Corporation.
A key trend in the 4K TV market includes technological advancement. Major companies operating in the 4K TV market are focused on developing new technological solutions to strengthen their position. For instance, in June 2021, TCL, a China-based company that manufactures and sells consumer electronic products, including televisions that provide 4K TV, launched its first new technology-mini LED in its mini LED QLED 4K Android 11 TV C825. The technology behind mini LEDs, however, uses LEDs that are smaller in size as compared to regular LEDs. Due to the small size of LEDs, OEMs can pack more LEDs.
Read More On The Global 4K TV Market Report Here:
https://www.thebusinessresearchcompany.com/report/4k-tv-global-market-report
The 4K TV market is segmented -
1. By Screen Size: Below 52 inches, 52 - 65 inches, Above 65 inches
2. By Technology: LCD/IPS, OLED, Quantum Dot
3. By Distribution Channel: Offline Stores, Online Stores
4. By End-User: Residential, Commercial, Industrial
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the 4K TV market.
The Business Research Company's "Global 4K TV Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The 4K TV Market Include:
1. Executive Summary
2. 4K TV Market Characteristics
3. 4K TV Market Trends And Strategies
4. 4K TV Market - Macro Economic Scenario
5. 4K TV Market Size And Growth
……
26. Africa 4K TV Market
27. 4K TV Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The 4K TV Market
29. 4K TV Market Future Outlook and Potential Analysis
30. Appendix
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