World 4K2K TV Market Growing at 33.81% CAGR to 2020
Global 4K2K TV Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
RnRMarketResearch.com adds Global 4K2K TV Market 2016-2020 latest research report. The analysts forecast global 4K2K TV market to grow at a CAGR of 33.81% during the period 2016-2020.
The 4K2K TV is the latest revolution in TV technology and the most significant transformation of the TV since full HD (FHD) TVs. 4K2K TVs offer 3840 x 2160 resolution, which is four times the resolution of HD TV. In 2013, the shipment of 4K2K TVs was 2 million units. Shipments reached 18 million units in 2014, due to the rise in 4K content that has a resolution of up to 4K. The adoption rate is likely to increase because of the growing awareness about the technology. We estimate the total shipment to reach 207 million units by 2020. Also, vendors in the market are increasing their R&D investments to meet the rising demand for improved display resolution and are enhancing their value proposition.
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Covered in this report
This report covers the present scenario and the growth prospects of the global 4K2K TV market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of 4K2K TVs by display size:
- 40-49 inches
- 50-59 inches
- 60-69 inches
- 70-79 inches
- 80 inches and above
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Key vendors
- Hisense
- LG Electronics
- Panasonic
- Samsung Electronics
- Sony
Other prominent vendors
- Haier
- Koninklijke Philips
- Konka
- Micromax Informatics
- Sansui Electric
- Sichuan Changhong Electric
- Seiki Digital
- Skyworth Digital
- TCL
- Toshiba
- Videocon
- Xiaomi Technology
Market driver
- Rising popularity of 4K UHD content
Market challenge
- Discrepancy in demand-supply ratio for LCD panels
Market trend
- Growing number of Chinese players
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