Press release
4K Display Resolution Market Value Chain and Forecast 2015-2025
The global market for 4K display resolution is gaining momentum, owing to the highly defined pixel quality of 4K display monitors. There is a mounting demand for TVs and computer displays having 4K resolution technology. The growth of the 4K display resolution market globally exhibits the changing consumer preferences with respect to display monitors. The high costs are not halting the hype generated around by owning a TV with 4K display resolution.
The global 4K display resolution market has expanded to territories where a television set is still being considered as a luxury. The advancements in display resolution technologies have helped the realisation of farfetched concepts, such as a 4K or an 8K TV. The highly defined resolution of 4000 pixels serves as its basic quality, which is also driving the demand for 4K displays in the global market.
Consumers fed up with the traditional TV sets as well as the prominently existing LEDs and LCDs are opting for new products that enhance their visual experience.
Global 4K Display Resolution Market: Trends & Dynamics
The 4K display resolution market forecast for the period 2015-2025 is likely to be exceptionally promising. Trends encircling the global market for 4K display resolution are redefining the market dynamics for a resolute growth. Key trends influencing market growth include,
Superior Quality and Blur-free image
One of the most appealing feature of 4K display resolution, where the consumer can view the very minute details of a motion picture. Unlike LEDs or LCDs, 4K TVs are efficient in providing blur-free images at all times.
High-Quality Video Recording
The 4K resolution technology is not restricted as an advancement in display technology. It is also incorporated in cameras that click photos and capture videos in high definition.
Proliferation of Electronic Devices
Availability of smartphones, tablets, portable gaming devices and TVs and any similar display devices are growing opportunities for the applicability of 4K display resolution technology.
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Multiple Utilisation
Personal and public entertainment aren’t the only verticals driving demand for 4K display monitors. Such monitors are being significantly utilised by industrial verticals such product design, consumer electronics, advertisement, aerospace and defence technology, among others.
Rising Tech Enthusiasm
Growing number of tech enthusiasts is catalysing the growth of the 4K display resolution market.
Shifting Consumer Preferences
Tech-savvy and entertainment-craving consumers are preferring to buy 4K display TVs as the “ultimate” television experience. Additional services such as smart TV and interactive applications are generating hype among consumers.
On the contrary, the growth of the 4K display resolution market is likely to get hampered in the years to come. The main factors restraining the growth for 4K TVs include,
The need for heavy investment in the production of high-definition content
The lack of compatibility with existing resolution formats
The requirement for greater bandwidth to broadcast 4K content
High costs of 4K TVs
Key Regions in Global 4K Display Resolution Market
The global market for 4K display resolution is likely to be dominated by North America, considering the consumer preferences and the higher per capita income in the U.S. and Canada. Asia Pacific and Europe are key regions favouring the growth of the global 4K display resolution market. There is a need for expansion of the 4K display resolution market in the Middle East, Africa, and Japan.
Market Segmentation
The global 4K display resolution market is segmented on the basis of the verticals, the product type, resolutions and regions. Apart from the classification into seven geographical regions, the global 4K display resolution market can be segmented as follows,
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On the basis of vertical, the market is segmented into,
Aerospace & Defence
Consumer Electronics
Retail & Advertisement
Media & Entertainment.
Business & Education
On the basis of product type, the market is segmented into,
Cameras
Digital Cameras
Camcorders
Projectors
Smartphones &Tablets
Monitors & Smart TVs
Resolution-wise (pixels X lines) segmentation of the market includes,
3840 X 2160
3996 X 2160
4096 X 2160
5120 X 2160
5120 X 3200
Leading Companies
With an estimated consumer base of over 370 million households, the key companies leading the market’s growth include AU Optronics Corporation, AJA Video Systems, Inc., LG Electronics, Inc., Panasonic Corporation, EIZO Corporation, Canon, Inc., Samsung Electronics Co. Ltd., Sharp Corporation, Sony Corporation, Planar Systems, Inc., and Red Digital Cinema Camera Company, among others.
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